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Square Yards achieved Q1 FY25 revenue of Rs 261 crore (USD 31 million), marking a 52% YoY increase. This growth continues a 12-quarter trend, driven by a 51% rise in Gross Transaction Value. The company forecasts FY25 revenue of Rs 1,506 crore (USD 180 million).

SBI has experienced remarkable growth in its net interest income, surging by an impressive 60% in just four years. It rose from under Rs 1 lakh crore in FY20 to Rs 1.60 lakh crore in FY24.

SME IPOs have been notably popular, with nearly all retail categories fully subscribed and many achieving up to 500 times or more subscription. Listings too have soared, triggering huge debate and coercive action from the regulator.

The company has set the record date on September 10, 2024. The announcement was made after market hours.

Tata Motors announced that the trading of its differential voting rights (DVR) shares will cease after market hours on August 29, 2024, due to their conversion into ordinary shares. For every 10 DVR shares, investors will receive 7 ordinary shares. The swap, with a record date set for September 1, follows NCLT approval.

Gold prices remained flat at Rs 74,350 per 10 grams in the national capital on Wednesday in scattered deals even as it weakened in the overseas markets.

The Nifty Pharma index closed 1.14 per cent up at 22989.1.

The stock of Fusion Finance (formerly Fusion Microfinance) has gained over 9% in three trading sessions to August 28 following the company’s announcement on exchanges that the Odisha State Tax department has dropped the show cause notice issued in May directing the company to pay nearly Rs 1.2 crore towards penalty for the excess claim of input credit regarding state GST.

​The journey to growth looks very-very promising and we are pretty excited for the next 5 years, 10 years. As we all know we continue to see a lot of growth in the SIPs, literally the SIP volumes have gone up almost 40% in the last year or so, we are seeing a lot of lump sum flows also ex of SIPs.

Sundaram Alternate Assets projects a 14% CAGR for Indian family offices and a 5% rise in alternative investments over three years. Family offices are increasingly shifting towards AIFs and startups.