Fri, Feb 16, 2024 5:08 PM
RSD Finance Lim Standalone December 2023 Net Sales at Rs 2.92 crore
A Flip by Shubhangi Gupta
State Bank of India Ltd on November 8 reported 28% jump in net profit at Rs 18,331 crore for the quarter ended September 30, 2024. The PSU lender had reported net profit of Rs 14,330 crore in the year-ago period. The bank said its board has given approval for raising long term bonds worth up to Rs 20,000 crore through a public issue or private placement during FY25.
Open Flip
Prabhudas Lilladher's research report on Mold-tek Packaging: MTEP reported 12.3% revenue growth in 2Q25 led by improvement in paints & F&F volumes. MTEP expects double-digit volume growth in FY25 led by 8-10% growth in paints, pick up in F&F segment and anticipated success in pharma sector on increased order flow for 2HFY25.
Open Flip
C2i Semiconductors, a chip design startup, raises $4 million in funding from Yali Capital and Lip-Bu Tan, while 30 Sundays, an AI-based travel agent, secures $770,000 in pre-seed funding led by Infoedge Ventures. Both companies plan to use the funds to scale their businesses and strengthen their capabilities.
Open Flip
