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IndusInd profit rises by 17% to ₹2,298cr in Q3

India Business News: MUMBAI: IndusInd Bank reported a net profit of Rs 2,298 crore for the December quarter, an increase of 17% over Rs 1,959 crore in the year-ago period.

IndusInd Bank PAT up 17% at Rs 2,301 crore on strong loan growth, stable NIM

IndusInd Bank PAT up 17% at Rs 2,301 crore on strong loan growth, stable NIM
thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.

market outlook: Market has figured out bottoms for new age tech cos; look at them long-term: Gautam Trivedi

“Varun Beverages, Landmark, Inox Wind, Sampada are among top five holdings on a mark to market basis. These are actually companies that we are in the special sits (situations) fund. We look for steady compounders as well. Varun Beverages was a special sits which became a steady compounder as did Landmark Cars.”

Hindujas flex their muscle in BFSI space - The Hindu BusinessLine

Hindujas flex their muscle in BFSI space - The Hindu BusinessLine
thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.

Hindujas eye $35-40 billion valuation of their BFSI business

The Hinduja group is eying a valuation of $35-40 billion for its banking, financial services, and insurance (BFSI) business. Ashok Hinduja, stated that their promoter company, IndusInd International Holdings Ltd (IIHL), will expand into the BFSI sector to become a full-stack financial giant. The group has already acquired a controlling stake in a bank in the Bahamas and received approval for a banking license in Mauritius. IIHL has successfully bid for buying the debt-ridden Reliance Capital.

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