Business News Highlights: Investors Keen On Macroeconomic Announcements, Q3 Results
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Indian Overseas Bank To Open 88 New Branches This Year
Indian Overseas Bank plans to expand and open 88 new branches during the year to mark the 88th Foundation Day celebrations, the lender's MD, Ajay Kumar Srivastava, said on Saturday, reported PTI.
GroMo Distributes Payouts Worth Rs 100 Crore To Partner Agents
GroMo informed on Saturday that it disbursed Rs 100 crore in payouts to partner agents to commemorate the completion of its five-year milestone. The fintech platform issued a statement and said that the firm plans to achieve Rs 1,000 crore in earnings for the GroMo partner agents in the next five years, reported PTI.
Paytm Establishes Advisory Committee To Strengthen Governance Issues
One97 Communications Ltd (OCL) informed on Friday that the fintech is looking into setting up a three-member group advisory committee to help work on the corporate governance issues in the firm, headed by former SEBI chairman, M Damodaran.
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Unemployment Rate In Graduates Improved To 13.4% In 2023, Says FM
#WATCH | White Paper | In Rajya Sabha, FM Nirmala Sitharaman says, "...Repeatedly there are figures thrown at us - inflation is this, inflation is that. I just want to highlight, inflation in the last year of Atal Bihari Vajpayee's NDA Government was below 4%...They have mastery… pic.twitter.com/OLDCnqPPPr
— ANI (@ANI) February 10, 2024
Matrimony.com Q3: Net Profit Flat At Rs 11.10 Crore
Matrimony.com reported a flat consolidated net profit at Rs 11.10 crore for the third quarter financial results in the 2023-24 fiscal year, against a profit of Rs 11.10 crore in the same quarter a year earlier. The matrimony services provider's total consolidated income for Q3FY24 stood at Rs 37.80 crore, as compared to Rs 35.26 crore logged in the October-December quarter in the preceding fiscal year.
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