Canara Bank posts 12% increase in Q3 net profit
Canara Bank on Monday reported 12.25% year-on-year growth in net profit for the third quarter ended December 31, 2024 at ₹4,104 crore. During Q3, the bank’s operating profit grew 15.15% to ₹ 7,837 crore. Its domestic deposit stood at ₹12,57,426 crore, a 7.76% year-on-year increase. Domestic advances (gross) stood at
Promising results from AcuCort’s Phase IV study – scientific articles under preparation for international publication
In mid-November 2024, the final patient completed AcuCort’s Phase IV clinical trial. Subsequently, all data were compiled and analyzed, resulting in a clinical study report showcasing highly encouraging outcomes for Zeqmelit®. The company is now preparing manuscripts for submission to leading peer-reviewed international scientific journals. These
Adani Wilmar Q3 profit more than doubles to ₹411 crore
The company has expanded its rural coverage to 43,000 towns as of December 2024, up from 5,000 in March 2022. File | Photo Credit: Reuters Adani Wilmar on Monday (January 27, 2025) posted over a twofold jump in consolidated net profit at ₹410.93 crore for December quarter 2024-25 on strong
Kinaxis Announces Co-Development Partnership with University of Ottawa
Ottawa, Ontario, Canada: Kinaxis® (TSX:KXS), a global leader in end-to-end supply chain orchestration, today announced a partnership with the University of Ottawa (uOttawa) to co-innovate on technologies that power supply chain applications. The 5-year partnership will develop relevant and strategic innovation within AI/ML, optimization and
Indian Oil Corporation Q3 Results: IOC posts record fuel sales but inventory losses tank Q3 profit by 64%
A view of the Indian Oil Corporation terminal. Photo used for representation purpose only. | Photo Credit: G.N. Rao Indian Oil Corporation (IOC), the nation’s biggest oil firm, on Monday (January 27, 2025) reported a 64% drop in its December quarter net profit as inventory and foreign exchange losses eroded
Zoho Corporation CEO Sridhar Vembu steps down to focus on R&D as Chief Scientist
Zoho Corporation CEO Sridhar Vembu stepped down to focus on the company’s research and development initiatives as its Chief Scientist. | Photo Credit: The Hindu Global technology firm Zoho Corporation CEO Sridhar Vembu has stepped down from the post to focus on the company’s research and development initiatives as its
Godrej Design Lab’s Conscious Trends Report Highlights India’s Role in Global Decarbonization Efforts
New Delhi, Delhi, India: Godrej Design Lab, part of the Godrej Enterprises Group, in collaboration with the Council on Energy, Environment and Water (CEEW) and Integrative Design Solutions (IDS), has unveiled the ‘Building a Climate-Conscious India: Scalable Solutions for a Low-Carbon Built Environment’ report at
Hytera to Showcase Latest Mission-Critical Communication Technologies at MWC25
Shenzhen, China: Hytera Communications (SZSE: 002583), a leading global provider of professional communications technologies and solutions, is thrilled to announce its participation in the Mobile World Congress 2025 (MWC25), taking place from March 3rd to 6th, 2025, at the Fira Gran Via in Barcelona, Spain.
Belatra Strikes Content Partnership with Hub88
Belatra Games, the specialist online slots developer, has signed a content partnership with iGaming platform provider, Hub88. This partnership sees Belatra incorporate its extensive slots portfolio into Hub88’s premium platform offering. Games included in the agreement include Belatra’s popular hits Mummyland Treasures, Rise of
No. 10, 2025 – New amounts to auction of covered mortgage bonds in Nordea Kredit
With the refinancing of Nordea Kredit Realkreditaktieselskab’s adjustable rate mortgages (ARMs) as of 1 April 2025 electronic auctions will be held in February 2025. The ARMs will be refinanced in covered mortgage credit bonds (SDRO). Nordea Danmark will conduct the auctions. Auctions The