Latest news with #PhaniShankar


News18
16-07-2025
- Business
- News18
Stocks To Watch: Tech M, ITC Hotels, HDFC Life, HDB Financial, Bajaj Finserv, And Others
Last Updated: Stocks to watch: Shares of firms like Tech M, ITC Hotels, HDFC Life, HDB Financial, Bajaj Finserv, and others will be in focus on Wednesday's trade Stocks to Watch on July 16, 2025: Markets saw some relief on Tuesday, edging slightly higher after four consecutive sessions of decline. In today's trade, shares of HDFC Life, HDB Financial, Tech Mahindra, Dixon Tech, ITC Hotels, and others will be in focus due to various news developments and first-quarter results. Tech Mahindra, ITC Hotels, Angel One Shares of Tech Mahindra, ITC Hotels, and Angel One will be in focus as these companies are set to announce their Q1 results. HDFC Life The company reported a 14.4% year-on-year increase in net profit for Q1 FY26, rising to Rs 547 crore from Rs 478 crore in the same period last year. HDB Financial HDB Financial Services recorded a slight decline in net profit for Q1 FY26, with profit after tax at Rs 568 crore, down 2% from Rs 582 crore in the corresponding quarter of the previous year. Dixon Technology Bajaj Finserv The Insurance Regulatory and Development Authority of India (IRDAI) approved the transfer of a 26% equity stake held by Allianz SE in Bajaj Allianz General Insurance and Bajaj Allianz Life Insurance to Bajaj Finserv, Bajaj Holdings & Investment (a promoter), and Jamnalal Sons (a promoter group entity). Just Dial The local search engine reported a 13% year-on-year rise in net profit, reaching Rs 160 crore for the quarter ended June 30, 2025. Indian Overseas Bank The bank announced a 10-basis-point reduction in its Marginal Cost of Funds-Based Lending Rate (MCLR) across all loan tenures. Biocon Biocon Biologics, a subsidiary of Biocon, received US FDA approval for KIRSTY (Insulin Aspart-xjhz), 100 units/mL, the first interchangeable biosimilar to NovoLog (Insulin Aspart). Kotak Mahindra Bank Phani Shankar has resigned as President and Chief Credit Officer (Senior Management Personnel) of the bank, effective July 21. Disclaimer:Disclaimer: The views and investment tips by experts in this report are their own and not those of the website or its management. Users are advised to check with certified experts before taking any investment decisions. view comments First Published: July 16, 2025, 08:32 IST Disclaimer: Comments reflect users' views, not News18's. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use and Privacy Policy.

Mint
16-07-2025
- Business
- Mint
Stocks to watch: Tech Mahindra, HDFC Life, Dixon Tech, Bajaj Finserv among shares in focus today
Shares of Tech Mahindra, ITC Hotels, Angel One will be in focus as companies will declare Q1 results. The company posted a 14.4% year-on-year increase in net profit for the first quarter of FY26, with the profit rising to ₹ 547 crore from ₹ 478 crore in the same period last year. HDB Financial Services posted a slight drop in net profit for the first quarter of FY26, with its profit after tax standing at ₹ 568 crore — a 2% decrease from ₹ 582 crore recorded in the corresponding quarter of the previous year. Dixon Technologies has signed a binding term sheet to acquire a 51% ownership stake in Kunshan Q Tech Microelectronics Zydus Life has received final approval from the USFDA for its Celecoxib Capsules, which are used to relieve pain and inflammation associated with various conditions, including arthritis. The Insurance Regulatory and Development Authority of India (IRDAI) has given the green light for the transfer of 26% equity stake held by Allianz SE in its two insurance joint ventures—Bajaj Allianz General Insurance and Bajaj Allianz Life Insurance—to Bajaj Finserv, Bajaj Holdings & Investment (a promoter), and Jamnalal Sons (a promoter group entity). The local search engine posted a 13% year-on-year rise in net profit, reaching ₹ 160 crore for the quarter ended June 30, 2025. The bank declared a 10-basis-point cut in its Marginal Cost of Funds-Based Lending Rate (MCLR) for all loan durations. Biocon Biologics, a subsidiary of Biocon, has received approval from the US FDA for KIRSTY (Insulin Aspart-xjhz), 100 units/mL, marking it as the first and only interchangeable biosimilar to NovoLog (Insulin Aspart). Phani Shankar has stepped down from his role as President and Chief Credit Officer (Senior Management Personnel) of the bank. His resignation will take effect on July 21. Disclaimer: This story is for educational purposes only. The views and recommendations above are those of individual analysts or broking companies, not Mint. We advise investors to check with certified experts before making any investment decisions.


Time of India
16-07-2025
- Business
- Time of India
Stocks in news: HDFC Life, HDB Financial, Tech Mahindra, Dixon Tech, ITC Hotels
Markets witnessed some respite on Tuesday and edged marginally higher after four consecutive sessions of decline. In today's trade, shares of HDFC Life , HDB Financial , Tech Mahindra , Dixon Tech, ITC Hotels among others will be in focus due to various news developments and first quarter results. Tech Mahindra, ITC Hotels, LTTS, Angel One Shares of Tech Mahindra , ITC Hotels, LTTS and Angel One will be in focus as the companies will be in focus due to various news developments. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Play War Thunder now for free War Thunder Play Now Undo HDB Financial HDB Financial Services reported a marginal decline in net profit for the first quarter of FY26, with profit after tax coming in at Rs 568 crore. It was down 2% from Rs 582 crore in the same quarter last year. HDFC Life HDFC Life reported a 14% growth in its Q1FY26 standalone net profit at Rs 546 crore versus Rs 478 crore in the year ago period. Just Dial Just Dial's net profit was up 13% to Rs 160 crore in the first quarter, while revenue rose 6% to Rs 298 crore in the same period. Live Events Dixon Technologies Dixon Technologies has entered into a binding term sheet to acquire a 51% stake in Kunshan Q Tech Microelectronics. Kotak Mahindra Bank Phani Shankar resigned as the President and Chief Credit Officer effective July 21. Zydus Life Zydus Life received final approval From USFDA for Celecoxib Capsules. These are used to treat pain or inflammation caused by many conditions such as Arthritis.