Business

Chennai:  Country Delight, a trusted name in premium and natural essentials, has announced the launch of 100% Pure Farm Honey (NMR Tested). Country Delight’s Farm Honey is Nuclear Magnetic Resonance (NMR) tested by a certified lab in Germany, making it one of the most authentic and reliable kitchen ingredients available …

Thrissur, 30 January 2025: Kalyan Jewellers India Limitedrecorded consolidated revenue of Rs 7287 crore in Q3 FY25as against Rs 5223 crore in the corresponding period of theprevious year, a growth of 40%. Consolidated PAT for Q3FY25 was Rs 219 crore as against a PAT of Rs 180 crore for the corresponding period in the previous year. Consolidated PAT growth would be 44% adjusting for the loss due toreduction in customs duty (announced during Union Budget in July 2024). The standalone revenue for the company (India) in Q3 FY25, was Rs 6393 crore, as against Rs 4512 crore in Q3 of the previous financial year, a growth of …

Chennai, 29 January 2025: G Square, India’s largest real estate developer and Tamil Nadu’s leading plot promoter, has announced its strategic venture into alternate real estate verticals such as villas and apartments. Widely recognized as the pioneer of organized plotted development within urban city limits, G Square now aims to …

Key Highlights (Quarter ended Dec’24 over Dec’23) Bank’s Global Business is at ₹12.61 lakh Cr, up by 8% YoY • Net Profit up by 35% YoY at ₹2852 Cr in Dec’24 from ₹2119Cr in Dec’23 • Operating Profit improved by 16% YoY to ₹4749 Cr in Dec’24 from ₹4097 Cr in Dec’23 • Net Interest Income increased by 10% YoY to ₹6415 Cr in Dec’24 from ₹5815 Cr in Dec’23 • Fee based income grew by 9% YoY to ₹931 Cr in Dec’24from ₹852 Cr in Dec’23 • Return on Assets (RoA) up by 28 bps to 1.39% in Dec’24from 1.11% in Dec’23 • Return on Equity (RoE) increased by 108 bps to 21.00% inDec’24 from 19.92% in Dec’23 • Yield on Advances (YoA) up by 14 bps to 8.92% in Dec’24from 8.78% in Dec’23 • Yield on Investments (YoI) increased by 32 bps to 7.12% in Dec’24 from 6.80% in Dec’23 • Cost-to-Income Ratio reduced by 234 bps to 44.56% in Dec’24 from 46.90% in Dec’23 • Gross Advances increased by 10% YoY to ₹559199 Cr in Dec’24 from ₹509800 Cr in Dec’23 …

Chennai, Jan. 2025 L&T Finance Ltd. (LTF), one of the leading Non-Banking Financial Companies (NBFCs) in India has recorded a consolidated PAT at Rs. 2,007 Crore for the nine months ended December 31, 2024, a growth of 14% over nine months ended December 31, 2023. The consolidated PAT for the third …

Chennai – January  2025 – Four Points by Sheraton, part of Marriott Bonvoy’s global portfolio of over 30 extraordinary hotel brands, announced the opening of Four Points by Sheraton Chennai Velachery. Nestled in one of Chennai’s most dynamic neighbourhoods, the hotel is designed to cater to both business and leisure travellers, offering a memorable experience with a thoughtful blend of cultural inspiration and uncomplicated comfort.  (L-R Executive Suite Room and Standard Room) Strategically located just 10 kms from Chennai …

Chennai, January 2025:   City Union Bank wins seven awards in the recently concluded ‘20th annual Technology Conference, Expo, & Citations 2024’ held at Mumbai on 24th January 2025. CUB is getting awards in all the seven categories from IBA for the second year in row.  The IBA awards are aimed at rewarding Best Technology Providers in the Banking Industry, encouraging competition in …

Chennai,  January 2025: Kalyan Jewellers, one of India’s most-trusted and leading jewellery brands, has announced the launch of two new showrooms in Guduvanchery, GST Road, and in Purusaiwalkam, Millers Road. The Guduvanchery showroom will also be equipped with their lifestyle brand, Candere. The new showrooms will be inaugurated by Actor and Brand Ambassador Prabhu Ganesan, which will offer service-backed shopping experience to patrons. These showroom inaugurations arescheduled to take place at 11 am in Guduvanchery and 5 pm in Purusaiwalkam, on January 28. Celebrating the …

GRT Jewellers, a trusted name in fine jewellery for six decades, marks its 60th anniversary with a remarkable achievement – breaking its own Guinness World Record. The brand has once again etched its name in the Guinness World Records by surpassing its own previous record. This time, it unveiled the …

Chennai, January 2025: The legal fraternity came together for a grand felicitation ceremony celebrating six decades of exemplary service by Mr. A.K. Mylsamy, one of India’s most distinguished legal luminaries. The event brought together esteemed dignitaries, legal professionals, and well-wishers to honour hiscontributions to the field of law and his profound influence on the legal community. Mr. Mylsamy’s journey commenced in 1974 independentlyand moved to the formation of A.K. Mylsamy and Associates LLP, the prestigious law firm. Over the years, …