Recent Posts

Rs.1.13 crore seed funding granted to 10 SRMIST Start-ups

Kattankulathur: As part of the Start-up India National Innovation Week initiated by the Department for Promotion of Industry and Internal Trade (DPIIT), The Directorate of Entrepreneurship and Innovation, SRM Institute of Science and Technology (SRMIST), Kattankulathur celebrated ‘The National Start-upDay’. The event was inaugurated by SRMIST’s Vice Chancellor Dr. C. Muthamizhchelvan. 10 start-ups from the Med-Tech, Food Tech, Deep Tech, D2C and Waste management sectors were granted seed funding of Rs.1.13 …

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Indian bank Financial Results for the Quarter/Nine months ended as on 31st December 2023

Key Highlights (Quarter ended Dec’23 over Dec’22) Bank’s Global Business reached ₹11.64 lakh Cr, up by 11%YoY • Net Profit up by 52% YoY at ₹2119 Cr in Dec’23 from ₹1396Cr in Dec’22 • Profit Before Tax up by 78% YoY at ₹2747 Cr in Dec’23 from ₹1546 Cr in Dec’22  • Operating Profit improved to ₹4097 Cr in Dec’23 from ₹4061 Cr in Dec’22 • Net Interest Income increased by 6% YoY to ₹5815 Cr in Dec’23 from ₹5499 Cr in Dec’22 • Fee based income grew by 21% YoY to ₹852 Cr in Dec’23 • Return on Assets (RoA) up by 31 bps to 1.11% in Dec’23from 0.80% in Dec’22 • Return on Equity (RoE) increased by 471 bps to 19.92% inDec’23 from 15.21% in Dec’22 • Yield on Advances (YoA) up by 59 bps to 8.78% in Dec’23 from 8.19% in Dec’22 …

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Alfa Care Hospitals, Dedicated to Multispecialty Short-Stay Surgery, Opens in Chennai

Chennai, January 25, 2024: Alfa Care Hospitals, an advanced multispecialty hospital for short-stay surgeries, has opened its doors in Chennai, ushering in a new era in healthcare that specialises in swift recovery of patients without compromising on efficiency and medical outcomes. Dr. J. Radhakrishnan, IAS, Additional Chief Secretary & Commissioner, Greater Chennai Corporationinaugurated …

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