Axis Bank Q4 preview: Citi Integration costs may drag bottomline, margin outlook eyed
Axis Banks Q4 earnings are expected to be impacted by the one-off costs due to the Integration of Citibank Indias business, leading to net losses, according to some analysts. The estimated net loss ranges from INR 54.12bn to INR 55.26bn, while others have excluded the Integration costs from their calculations. The banks strong core performance is projected despite one-off costs, led by high double-digit growth in net interest income, lower bad loans, and net interest margin. Key items to watch from the management include business plans, near-term growth trends, and margin trajectory. Key Points
Economic TimesPedestrians in peril with no foot overbridge between Krishnarajapuram railway and K.R. Pura Bengaluru metro stations
Despite being an eagerly awaited project, the opening of the Namma Metro line between K.R. Puram and Whitefield has again proven that the Integration of various modes of transport is an afterthought for authorities. Are the passengers at risk due to no foot overbridge between key transit points? Read the full story on The Hindu to find out. Key Points
The HinduMadverse integrates Dolby.io to enable seamless music mastering for independent artists
This Integration will allow musicians and artists to master songs by leveraging advanced music mastering functionality available through Dolby.io. Key Points
FinancialexpressJPMorgan says Integration of First Republic Bank is going as per plan
JPMorgan Chase's (JPM.N) Integration of failed First Republic Bank is going according to the plan as it looks to retain customers and build on services it acquired, said Marianne Lake, the Co-CEO of JPMorgan's consumer and community bank. Key Points
ReutersDisney+ adds Hulu content in 'beta' launch; All you need to know
Disney+ is set to transform its content landscape with the Integration of Hulu, marking a significant shift in the streaming industry. In the first phase, beginning December 6, Disney+ subscribers will gain access to a substantial portion of Hulu's diverse content, setting the stage for a more comprehensive Integration in March 2024. Key Points
Economic Times
Milkbasket sees redundancies as Reliance steps up integration
Subscription-based delivery firm Milkbasket is seeing a slew of layoffs and redundancies as its Integration with parent Reliance Retail is now at an advanced stage, people in the know of the matter told ET. This comes at a time when a group of senior leaders have left the firm, acquired by Reliance in 2021. Key Points
Economic Times