1 / 8NMDC | The country’s largest iron ore miner posted a 5.1% year-on-year (YoY) increase in iron ore production for December 2024, reaching 4.71 million tonnes (MT) compared to 4.48 MT in the same period last year. However, iron ore sales declined by 6.7% YoY to 3.91 MT, down from 4.19 MT in December 2023. NMDC reported an 18.1% year-on-year (YoY) increase in net profit at ₹1,211.6 crore for the second quarter that ended on September 30, 2024.
2 / 8RailTel Corporation | Telecom infrastructure provider said it has received a ₹78.43-crore order from Bharat Coking Coal Ltd (BCCL). “…this is to inform that RailTel Corporation of India Ltd (“the Company”) has received the work order from Bharat Coking Coal Limited for Works amounting to Rs. 78,43,30,164 (Including Tax),” RailTel Corporation of India said in a regulatory filing.
3 / 8Indian Bank | Shanti Lal Jain, the Managing Director and Chief Executive Officer of Indian Bank, retired on December 31, 2024, upon reaching the age of superannuation. Effective January 1, 2025, Shanti Lal Jain has ceased to serve as the MD and CEO of the bank.
4 / 8Goa Carbon | The company announced the resumption of operations at its Bilaspur unit located in Sirgitti Industrial Area, Chhattisgarh. The kiln at the facility has been reignited, and production has been normalised as of January 1, 2025. “…we wish to inform the exchange that the operations at the company’s Bilaspur Unit located at 34-40, Sector B, Sirgitti Industrial Area, Bilaspur (Chhattisgarh), has resumed. The Kiln has been lit up and the production has been normalized from today,” it said.
5 / 8Tata Motors | The company recorded a 1% year-on-year increase in total domestic sales for December 2024, delivering 76,599 units compared to 76,138 units in December 2023. Passenger vehicle (PV) sales, including electric vehicles (EVs), rose by 1% to 44,289 units from 43,675 units in the same period last year. However, commercial vehicle (CV) sales witnessed a slight decline of 1%, with 33,875 units sold in December 2024 compared to 34,180 units in December 2023.
6 / 8HDFC Life Insurance | The company said it has received two GST orders from the Assistant Commissioner of State Tax (INV-6), Investigation-A, Mumbai, Maharashtra, on December 31, 2024. The orders pertain to the financial year from April 1, 2020, to March 31, 2021, and include a total tax demand of ₹152.87 crore and interest of ₹117.71 crore. No penalty has been imposed.
7 / 8CSB Bank | Thrissur-based private lender posted strong financial growth in the quarter ended December 31, 2024, with total deposits rising by 22.17% year-on-year (YoY) to ₹33,406 crore, compared to ₹27,345 crore in the same period last year. The growth was driven by a 28.10% year-on-year increase in term deposits, which reached ₹25,365 crore, up from ₹19,802 crore. CASA deposits also grew by 6.60% year-on-year to ₹8,041 crore, compared to ₹7,543 crore in the previous year.
8 / 8South Indian Bank | Private lender reported a robust 11.94% year-on-year (YoY) growth in gross advances for the quarter ended December 31, 2024, reaching ₹86,965 crore compared to ₹77,686 crore in the same period last year. Total deposits rose by 6.28% YoY to ₹1,05,378 crore from ₹99,155 crore as of December 31, 2023. The bank’s Current Account Savings Account (CASA) deposits also saw a modest growth of 4.13%, increasing to ₹32,831 crore from ₹31,529 crore.
