Business

HDFC Monetary institution’s costs on tech plateauing

Private lender HDFC Bank on Thursday said that its costs on building IT infrastructure are already plateauing. The bank, which launched the latest version of the SmartHub Vyapar app specifically designed for merchants, has added a million merchants and supported 60 billion transactions in its beta phase itself.”Impact on cost to income will be a…

Published

2 years ago

October 7, 2022

Shrishti

HDFC Monetary institution’s costs on tech plateauing

Non-public lender HDFC Monetary institution on Thursday acknowledged that its costs on constructing IT infrastructure are already plateauing. The financial institution, which launched the most modern version of the SmartHub Vyapar app particularly designed for retailers, has added one million retailers and supported 60 billion transactions in its beta part itself.”Affect on rate to earnings will almost definitely be a bolt which might per chance per chance delivery up showing over the next 2-3 years,” acknowledged Parag Rao…
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Business

Main person cos to proceed capex

Several leading consumer facing companies including Hindustan Unilever, Britannia, Voltas, Havells, Blue Star and Titan Company are going to continue their high capital expenditure (capex) and expansion this fiscal as that in FY23, senior executives told ET and analysts in recent earning calls.Much of the capex is ear-marked for new factories…

Published

1 year ago

May 16, 2023

Shrishti

A lot of main person facing companies together with Hindustan Unilever, Britannia, Voltas, Havells, Blue Smartly-known person and Titan Company are going to proceed their excessive capital expenditure (capex) and growth this fiscal as that in FY23, senior executives informed ET and analysts in contemporary incomes calls.Much of the capex is ear-marked for ticket spanking contemporary factories…
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