Latest news with #TierI
Time of India
01-07-2025
- Business
- Time of India
Federal Bank shares in focus after board approves fundraising plan of up to Rs 6,000 crore
Federal Bank shares will be in focus on Tuesday after the lender announced that its board has approved a comprehensive fundraising plan of up to Rs 6,000 crore through a combination of equity and debt instruments , subject to shareholder and regulatory approvals. On the equity side, the bank may raise capital through various options, including a rights issue , preferential issue, further public offer (FPO), qualified institutional placement (QIP), global depository receipts (GDR), American depository receipts (ADR), foreign currency convertible bonds (FCCBs), or a combination thereof. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like The Top 25 Most Beautiful Women In The World Articles Vally Undo Additionally, the board has approved raising funds through debt instruments such as Additional Tier I (AT1) bonds, Tier II bonds, long-term infrastructure and affordable housing bonds, masala bonds, green bonds, and non-convertible debentures (NCDs). The issuance may be carried out via private placement in both domestic and overseas markets, within the bank's borrowing limits. Also Read: Top 10 Nifty500 stocks with dividend yields higher than industry average Federal Bank Q4 Results Federal Bank posted a 13.7% year-on-year (YoY) rise in net profit to Rs 1,030.2 crore for the quarter ended March 31, 2025, beating CNBC-TV18's estimate of Rs 977.5 crore. In the year-ago period, the bank had reported a net profit of Rs 906.3 crore. Live Events Net interest income (NII) rose 8.3% YoY to Rs 2,377.4 crore, though this was slightly below street estimates of Rs 2,431.9 crore. The net interest margin (NIM) improved to 3.12%, supported by operational efficiency. Gross NPAs declined to Rs 4,375.5 crore from Rs 4,553.3 crore, while net NPAs fell to Rs 1,040.4 crore from Rs 1,131.2 crore. The gross NPA ratio improved to 1.84% from 1.95%, and the net NPA ratio eased to 0.44% from 0.49% sequentially. Also Read: Street Favourite! 10 Nifty micro-cap stocks analysts expect to rally up to 60% Federal Bank Share Price Target According to Trendlyne, the average target price for Federal Bank is Rs 226, indicating an upside of nearly 6% from current levels. Among the 34 analysts tracking the stock, the consensus rating is 'Buy'. From a technical perspective, the Relative Strength Index (RSI) stands at 62.4, suggesting neutral-to-positive momentum. The MACD, at 2.2, remains above both its center and signal lines, signaling a bullish trend. ( Disclaimer : Recommendations, suggestions, views, and opinions given by the experts are their own. These do not represent the views of The Economic Times)
Entrepreneur
28-05-2025
- Business
- Entrepreneur
Female Representation in Technical Roles in Non Tech Sectors Rise from 1.90% in 2020 to 14% in 2024: TeamLease
Tier-I cities saw greater female representation (15.88 per cent) in tech roles in non-tech sectors compared to tier-II cities where it stood at a mere 7.58 per cent. Between 2023-24, there was a notable increase in female representation in mid and senior-level roles You're reading Entrepreneur India, an international franchise of Entrepreneur Media. India Inc.'s journey towards gender parity has seen gradual progress, extending even to traditionally male-dominated technical roles in non-tech sectors. However, despite marked improvements, substantial disparities in representation and pay persist. Addressing this, TeamLease Digital, a leading specialised staffing firm in India, has unveiled a detailed analysis focusing on contractual tech roles across non-tech industries. The comprehensive analysis highlights an encouraging trend in the gender composition of India's tech contractual workforce between 2020 and 2024. Female representation surged from 9.51 per cent in 2020 to 27.98 per cent in 2024, reflecting growing momentum for diversity in a space long dominated by men. This shift underscores the increasing recognition of women's contributions to tech roles across non-tech domains and the growing appreciation for diversity in innovation-driven functions. Gender representation within India's contractual tech workforce has undergone a complex evolution. Technical roles in non-tech sectors have showcased a positive narrative since 2020, with steady, albeit gradual improvement in gender parity. As per TeamLease Digital's findings, in 2020, female representation for tech roles in non-tech sectors stood at a mere 1.90 per cent. However, by 2023 and 2024, this reached 11.8 per cent and 14 per cent, respectively, indicating a slow but encouraging shift in traditionally male-dominated roles. Despite this progress, female representation in contractual tech roles remains uneven across non-tech industries. While sectors such as BFSI (46.88 per cent women) and Lifesciences & Healthcare (29.58 per cent women) have embraced gender parity, others, such as Manufacturing & Engineering (4.82 per cent women) and Energy (6.25 per cent women), lag behind. On the other hand, sectors such as Automotive have 23.91 per cent female representation. This imbalance is largely attributed to rigid hiring practices, cultural stereotypes, and limited skilling pathways for women in core technical functions. A closer look at the level-based composition of females in tech roles in non-tech sectors reveals a concerning statistic: women's representation in senior roles stands at a mere 3.35 per cent, women in mid-level roles comprise 4.07 per cent, and those in entry-level roles make up 3.03 per cent. This signals a major discrepancy as male dominance considerably surges, and women continue to face challenges in ascending to leadership roles. However, between 2023 and 2024, there has been a noteworthy increase in female representation in mid and senior levels, going from 4.98 per cent in 2023 to 5.14 per cent in 2024 in mid-level roles. Similarly, female representation in senior positions increased from 3.95 per cent in 2023 to 4.86 per cent in 2024, a gradual shift in gender parity, with greater female representation. The Geography Factor TeamLease Digital's analysis reveals that gender representation varies significantly by city tier, underscoring a disparity in opportunities. Overall, tier-I cities have a more gender-diverse workforce than tier-II cities. In technical roles in non-tech sectors, tier-I cities saw a 15.88 per cent female representation, while in tier-II cities, this was reduced by almost half, standing at 7.58 per cent. This imbalance largely stems from biased hiring practices and an underrepresentation of women in STEM (Science, Technology, Engineering & Mathematics) fields. The gap in female representation also underscores the need for digital literacy initiatives, remote work options, and adequate upskilling/reskilling programs. Commenting on the findings, Neeti Sharma, CEO of TeamLease Digital, said, "The significant rise in female representation in tech roles within non-tech sectors from 1.90 per cent in 2020 to 14 per cent in 2024 reflects a promising shift towards inclusivity. However, persistent gaps in technical skill representation and leadership roles highlight the need for targeted interventions. TeamLease Digital's in-depth analysis sheds light on the gradual increase in gender diversity while highlighting the gaps effectively." Focused intervention, such as tailored upskilling programs and inclusive hiring practices, combined with greater accessibility to resources and opportunities, will play a key role in levelling the playing field and creating equitable work environments across sectors.
Times of Oman
08-05-2025
- Business
- Times of Oman
India's Co-living market inventory set at 1 million beds by 2030: Colliers
New Delhi: Increasing urbanisation and continued migration of students and young professionals to urban centres has increased the demand for flexible, affordable, and community-oriented housing solutions. A report by Colliers said that because of such a demand India's co-living sector inventory is expected to reach 1 million beds by 2030. The co-living market is witnessing positive growth trajectory, helped by "demand rebounding strongly in recent years and operators gearing up for expansion across Tier I cities and select Tier II cities," said the news release. "We are already witnessing steady expansion into select Tier II markets such as Indore, Coimbatore, Chandigarh, Jaipur, Visakhapatnam, Dehradun etc. The co-living market, estimated at around INR 40 billion in 2025, has the potential to grow over five times and reach close to INR 200 billion by 2030," said Vimal Nadar, National Director & Head of Research, Colliers India. According to the release, there is a rental arbitrage of up to 35 per cent in a comparison between single-occupancy co-living facilities and traditional 1 BHK units, as of April 2025. The market suffered a low patch during the time of pandemic, but now it has rebounded and currently 50 million migrant populations within the age range of 20 to 34 are major demand base for organized co-living sector. On the other hand, the co-living market stock in India is estimated at around 0.3 million beds and the estimated demand for organized co-living beds in 2025 is 6.6 million, indicating a significant demand-supply gap. The report suggests that, this demand-supply gap can be seen as an opportunity for "student housing-focused operators to foray into the market with professionally managed, student-centric housing solutions that can alleviate supply-side constraints and support the evolving needs of India's student population."
CNN
19-03-2025
- Entertainment
- CNN
LeBron James says he's ‘happy to have helped' Mirra Andreeva in Indian Wells win
LeBron James said he's 'happy to have helped' Mirra Andreeva win the Indian Wells title on Sunday after the teenage tennis sensation says she drew inspiration from one of his old interviews. The 17-year-old Andreeva beat world No. 1 Aryna Sabalenka in Sunday's final to become the youngest woman since Martina Hingis in 1997 to win back-to-back WTA 1000 (previously Tier I) titles after also picking up the trophy at the Dubai Championships two weeks ago. Andreeva had to come from behind after being crushed 6-2 by Sabalenka in an opening set in which she won fewer than half of her service points. Speaking to the tennis channel on Monday, Andreeva said: 'I was listening to an interview with LeBron James and he was saying that even if you don't play your 100% or even if you don't feel you're 100% physically, I'm going to choose to be 100% mentally. 'He said that's what makes us champions, so I kind of tried to do the same. It didn't really work in the beginning, but in the end, I managed to overcome that to really go for my shots and act like one of the legends.' James – a four-time NBA champion, four-time MVP and the league's all-time leading scorer – congratulated Andreeva and insisted all the credit belongs to her. 'Congratulations!' he wrote on an Instagram Story. 'Happy to have helped but honestly YOU did THAT!! All your hard work, drive, and dedication toward your craft. KEEP GOING! Strive for greatness.'
CNN
18-03-2025
- Entertainment
- CNN
LeBron James says he's ‘happy to have helped' Mirra Andreeva in Indian Wells win
LeBron James said he's 'happy to have helped' Mirra Andreeva win the Indian Wells title on Sunday after the teenage tennis sensation says she drew inspiration from one of his old interviews. The 17-year-old Andreeva beat world No. 1 Aryna Sabalenka in Sunday's final to become the youngest woman since Martina Hingis in 1997 to win back-to-back WTA 1000 (previously Tier I) titles after also picking up the trophy at the Dubai Championships two weeks ago. Andreeva had to come from behind after being crushed 6-2 by Sabalenka in an opening set in which she won fewer than half of her service points. Speaking to the tennis channel on Monday, Andreeva said: 'I was listening to an interview with LeBron James and he was saying that even if you don't play your 100% or even if you don't feel you're 100% physically, I'm going to choose to be 100% mentally. 'He said that's what makes us champions, so I kind of tried to do the same. It didn't really work in the beginning, but in the end, I managed to overcome that to really go for my shots and act like one of the legends.' James – a four-time NBA champion, four-time MVP and the league's all-time leading scorer – congratulated Andreeva and insisted all the credit belongs to her. 'Congratulations!' he wrote on an Instagram Story. 'Happy to have helped but honestly YOU did THAT!! All your hard work, drive, and dedication toward your craft. KEEP GOING! Strive for greatness.'
