Thu, Feb 15, 2024 6:18 PM
SC defers plea on re-opening Vedanta's Tamil Nadu copper smelter plant!
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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.
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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.
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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.
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