Delhivery’s Robotics Subsidiary and Q4 Results
Logistics company Delhivery has established a wholly owned subsidiary, Delhivery Robotics Pvt Ltd, to focus on research and development in drone technology and manufacturing. The announcement precedes the company’s Q4 financial results, which reveal a rise in revenue driven by strong performance in part truckload freight and truckload services.
Sonia Gandhi’s Appeal in Raebareli
In a rally held in Uttar Pradesh’s Raebareli, Congress leader Sonia Gandhi expressed her gratitude for the love and affection she has received from the people and urged them to extend the same support to her son, Rahul Gandhi. She conveyed her faith in Rahul Gandhi’s abilities, assuring that he would not disappoint the electorate.
Bandhan Bank’s Q4 Performance
Bandhan Bank’s January-March quarter results for fiscal 2023-24 indicate a sharp decline in net profit by 94% to 54.6 crore, compared to the previous year’s corresponding period. Despite the drop, the bank reported a 16% year-over-year growth in net interest income and declared a dividend.
AAP Rejects Maliwal’s Allegations
The Aam Aadmi Party (AAP) has dismissed allegations made by its Rajya Sabha MP, Swati Maliwal, against Delhi Chief Minister Arvind Kejriwal’s aide, Bibhav Kumar. AAP leader Atishi has claimed the incident was a BJP conspiracy.
Mazagon Dock Shipbuilders’ Stock Surges
Multibagger stock Mazagon Dock Shipbuilders’ share price has witnessed a significant 14.5% jump, hitting an all-time high of 2,794 on Friday. The stock has provided exceptional returns to investors, with a 250% growth in a year and 1529% in five years.