New Delhi/Wellington, May 6 (BNP): A new “single desk” investment facilitation initiative between India and New Zealand is projected to unlock nearly $20 billion in investments over the coming years,…
Mumbai, May 6 (BNP): Indian stock markets opened on a strong note on Wednesday, supported by positive global sentiment and a decline in crude oil prices. Improved investor confidence followed…
Bhubaneswar, May 6 (BNP): A tragic fire incident occurred in the early hours of Wednesday at Basanti Villa Apartment, located under Laxmisagar police limits in Bhubaneswar. The fire broke out…
20-22 May at Singapore Expo on IAMT Pavilion, stand 5C27 SINGAPORE, May 06 – Media asset management specialists Silver Trak Digital will be demonstrating its next gen Media Room Suite solutions at…
May 6: People by WTF, the podcast hosted by Nikhil Kamath, this month released a conversation with Howard Marks, co-chairman of Oaktree Capital Management and one of the most widely read…
Mumbai, May 06: Aadhar Housing Finance Ltd, announced its audited financial results for the quarter and full year ended March 31, 2026. PERFORMANCE HIGHLIGHTS: Q4 & FY26 Assets under management (AUM) grew by 20% YoY to ₹ 30,571 crore as on March 31, 2026, from ₹ 25,531 crore as of March 31, 2025. Disbursements for the quarter stood at ₹ 3,087 crore, reflecting a growth of 20% YoY, marking the highest ever quarterly disbursements by the Company. Total number of loan accounts as of March 31, 2026, stood at 3,36,000+. Profit after tax grew by 22% YoY to ₹1,108* crore in FY26 from ₹ 912 crore in FY25. Profit after tax grew by 27% YoY to ₹ 311 crore in Q4 FY26 from ₹ 245 crore in Q4 FY25. Net worth stood at ₹ 7,541 crore as of March 31, 2026. Return on assets (ROA) stood at 4.4% and return on equity (ROE) stood at 15.9% for FY26. Gross NPA as of March 31, 2026, stood at 1.08% reflecting stable asset quality. Commenting on the Q4 & FY26 performance, Mr. Rishi Anand, MD & CEO of Aadhar Housing Finance Ltd said: “Aadhar Housing Finance has delivered strong performance in FY2026, marked by consistent growth and stable asset quality, while crossing the ₹30,000 crore AUM milestone and achieving its highest-ever quarterly disbursements in Q4 FY26. AUM stood at Rs 30,571 crore as of March 31, 2026, registering a year-on-year growth of 20%, while Profit after Tax for FY2026 grew by 22% YoY to Rs 1,108 crore. Our strategic ‘Urban and Emerging’ branch model continues to deliver strong outcomes, with the network expanding to over 626 branches, deepening our reach across underserved and high-potential markets. Demand remains largely end-user driven, led by first-time homebuyers in emerging markets, while witnessing encouraging traction in urban markets, reinforcing our balanced and diversified growth strategy. Government initiatives such as PMAY 1.0 and PMAY 2.0 continue to support affordability for these customers, and we expect this to remain an important driver of demand going forward.…
New research shows AI coding agents spend >80% of their time searching for files rather than editing them. Cielara Code changes this by using a clear map of production software.…
Mumbai, May 06: Porsche India, a division of Škoda Auto Volkswagen India Private Limited (SAVWIPL), today announced the appointment of Ashutosh Dixit as Brand Director, Porsche India, with immediate effect. Throughout…
Built on Systemic AI, bringing end-to-end intelligence across workflows, systems, and decisions India | May 06 — MathCo, a global enterprise AI leader, announced its collaboration with Google Cloud to help enterprises move toward workflow-native AI, a fundamental shift in how organizations…
Histria Books is pleased to announce the release of The Crimson Crown by Edith Layton. This novel is published by Histria Romance, an imprint of Histria Books dedicated to outstanding…