PSBs wrote off Rs 29,000 cr in Dec quarter

Public-sector banks (PSBs) in Q3FY23 wrote off bad loans worth Rs 29,000 crore, up from Rs 23,000 crore in the same quarter a year ago, as part of a clean-up exercise. Illustration: Uttam......

After record store additions in Q3, Metro Brands' growth outperformance may continue

The country’s largest listed footwear brand by market capitalisation, Metro Brands, posted better than expected December quarter results for the 2022-23 financial year (FY23), riding on store......

Cement sector remains a puzzle to investors

IMAGE: A labourer unloads cement sacks from the wagon of a train at a yard in Kolkata. Photograph: Rupak De Chowdhuri/Reuters The cement industry continues to present a puzzle to investors. Five......

Adani Wilmar crosses Rs 1-trn market cap; stock up 249% since debut in Feb

Adani Wilmar (AWL) joined the elite group of companies with market capitalisation (m-cap) of Rs 1 trillion after the stock of Gautam Adani-led edible oil company hit a new high of Rs 802.80, up 5......