25th October, 2024, Bengaluru: On the occasion of IIM Bangalore’s 51st Foundation Day, the Institute has invited Dr. Rukmini Banerji, Chief Executive Officer, Pratham Education Foundation, to deliver a Special Lecture on the topic, ‘Opportunities & Challenges for Education in Today’s India’. Dr. Rukmini will be diving into the primary, secondary and management education system in India and will shed light on the current educational…
Yotta’s Rudra Program Unveiled, Extending Cloud Credits to NVIDIA Inception and Connect Participants
25th Oct, Mumbai: Yotta Data Services has launched Rudra, an accelerator program designed to empower startups, software development companies and service providers to innovate and scale their AI initiatives rapidly through access to NVIDIA accelerated computing. By extending Yotta’s Shakti Cloud credits to members of the NVIDIA Inception and NVIDIA Connect programs, Rudra aims to make it easier for Inception startups and Connect ISV companies…
Bajaj Finserv Ltd. Q2FY25 First Cut – Mixed bag of numbers
By-Manish Chowdhury, Head of Research, Stoxbox Bajaj Finserv Ltd. Consolidated total income rose to Rs. 33,704 crores in Q2FY25 from Rs. 26,023 crores in Q2FY24. Consolidated profit after tax rose to Rs. 2,087 crores in Q2FY25 from Rs. 1,929 crores in Q2FY24. Bajaj Finance Ltd. Net total income for Q2FY25 increased by 24% to Rs. 10,946 crores v/s Rs. 8,847 crores in Q2FY24.…
ITC Ltd. Q2FY25 Result First Cut – Resilient performance in Agri and Hotel segments
By-Akriti Mehrotra, Research Analyst, StoxBox Consolidated Figures: – The company reported a consolidated revenue of Rs. 22,282 crores for the quarter ended September 2024 (up 11.2% QoQ / up 15.6% YoY) which surpassed market estimates supported by agri business and hotel. – The company earned an EBITDA of Rs. 6,762 crores for Q2FY25 (up 0.2% QoQ / up 4.8% YoY) with a margin of 30.3%.…
NTPC Ltd. Q2FY25 Result First Cut – Net profit rose by 13%, while revenue experienced a slight decline
By-Manish Chowdhury, Head of Research, Stoxbox – For the quarter ended September 2024, NTPC Ltd. recorded a revenue of Rs. 44,696 crores (down 7.9% QoQ / down 0.6% YoY). – On the operating costs side, fuel costs remained lower at Rs. 24,225 crores (down 13.0% QoQ / down 5.4% YoY). – The company earned an EBITDA of Rs. 11,657 for Q2FY25 (down 16.8% QoQ /…
ITC : Q2FY25 Result Update
ITC EBIDTA growth missed estimates due to higher than expected margin pressure in Paper business and impact of demand and cost headwinds in FMCG. Cigarette volumes grew by ~3.3% as ITC continued to invest behind brands and go to market initiatives. FMCG business sales grew 7% (ex of stationary) which although lower than previous years, however seems better than most of its FMCG peers. We…
Skillhub Online Games Federation and IESF Join Forces to Elevate Esports in India
New Delhi, October 25, 2024: The Skillhub Online Games Federation (SOGF) with the support of the Minister of Youth Affairs and Sports is aiming to bring the prestigious International Esports Championships to India for the first time, marking a major milestone for the country’s burgeoning esports industry. In a strategic move to position India as a global leader in online competitive and skill-based gaming, SOGF…
Nrityanjali’s ‘Nritya Varsha’ Shines as the Dance Company Marks 20 Years of Excellence
Nrityanjali Performing Arts, the brainchild of eminent Bharatnatyam dancers Apeksha Niranjan and Mitali Hasabnis, has been a beacon for fostering and supporting the art of classical dance while making a room for next generation dancers for the past two decades. Recently the talented students of Nrityanjali Performing Arts performed a scintillating Bharatnatyam recital for the institute’s 20th Annual Dance Event, ‘Nritya Varsha,’ at the Marathi…
Trayam is the new veg hotspot to earmark in town
Bengaluru 25th Oct 2024 : Trayam is the answer to that. An artistic, community-driven veg restaurant that just opened doors in the heart of bustling Kothanur Village, Bengaluru, is all that and more. It got a starry welcome at the launch on October 24, 2024 by none other than actresses Sudharani and Sapthami Gowda, MLA Byrathi Basavaraj, Joint Commissioner of Police MN Anucheth, Narayan G…
Royal Enfield Partners with SENA to Enhance Rider Communication with New Mesh Technology
National, October 25, 2024 – Royal Enfield, the global leader in the mid-size (250-750 cc) motorcycle segment, has today announced a collaboration with SENA, the market leader in bike-to-bike communication, to launch the co-branded 50S Mesh Communicator. This partnership celebrates the success of Royal Enfield’s Super Meteor 650, a cruiser designed for pure riding pleasure. With SENA’s cutting edge mesh technology enabling seamless communication between…
