Oct 26, 2023, at 03:25 am
Mumbai: The stock market continued to witness heavy selling on October 25 as the geopolitical crisis in the Middle East showed no signs of easing, a spike in bond yields in the US, and lower than anticipated second-quarter earnings of big business enterprises, Moneycontrol reported.
Oct 26, 2023, at 02:18 am
New Delhi: The Union Cabinet, headed by Prime Minister Narendra Modi, was briefed about a Memorandum of Cooperation (MoC) inked in July 2023 between India's Ministry of Electronics and Information Technology (MeitY) and Japan's Ministry of Economy, Trade and Industry (METI) regarding a partnership in the semiconductor supply chain between the two nations.
Mamaearth's parent firm Honasa Consumer to launch IPO on Oct 31
Oct 25, 2023, at 06:25 am
Honasa Consumer, the company that runs Mamaearth is set to launch its initial public offering on October 31, Moneycontrol reported.
Oct 25, 2023, at 03:22 am
Mumbai: Ajay Goel, who served as the CFO of troubled edu-startup Byju's, has resigned just half a year after joining the company, media reports said.
Oct 25, 2023, at 02:35 am
Bengaluru: Swedish furniture retailer IKEA has been asked to pay Rs 3,000 to a woman by a Bengaluru court for charging her Rs 20 for a paper bag that had its logo printed on it, according to a report in the media.
Indian Market: Sensex improves 22 pts
Oct 23, 2023, at 04:11 pm
The BSE Sensex on Monday rose marginally by 22 pts to open at 65,419.02 following gains in FMCG, Financial Services and Health Care stocks.
Oct 23, 2023, at 01:51 am
Delhi: In a strategic move to enhance its service offerings and provide more specialized solutions, Floodlightz Media Solutions is proud to introduce a clear division between its event management and digital marketing services. This decision represents a significant step towards refining the company's approach, allowing it to scale its operations and deliver even higher levels of professionalism and quality service.
ICICI Bank reports Rs 10,261 cr net profit in Q2FY24, up 36% YoY; NII grows 24%
Oct 22, 2023, at 09:47 am
Mumbai: ICICI Bank posted a 35.7 percent year-on-year surge in standalone profit and a 24 percent increase in net interest income for the July-September quarter of the fiscal year 2023-24 (Q2).
RBL Bank's Q2FY24 net profit grows 46% to Rs 294 cr profit bolstered by high NII
Oct 22, 2023, at 01:25 am
Mumbai: RBL Bank posted a substantial 46 percent year-on-year increase in net profit, reaching Rs 294 crore for the quarter ending September.
Two rockets hit Iraqi base housing US forces
Oct 21, 2023, at 07:39 am
Baghdad: Two rockets hit Friday an Iraqi airbase housing US military experts and agencies near Baghdad International Airport, according to a source from the country's Interior Ministry.
Poonawalla Fincorp reports highest ever quarterly profit of Rs 230 crore in Q2FY24
Oct 21, 2023, at 07:29 am
New Delhi: Poonawalla Fincorp on Friday reported highest ever quarterly standalone profit after tax (excluding exceptional item) of Rs 230 crore for the quarter ending September 2023 (Q2FY24).
JSW Steel gets back to profitable position with Rs 2,773 cr net profit in Q2FY24
Oct 21, 2023, at 05:43 am
Mumbai: JSW Steel marked a return to profitability with a consolidated net profit of Rs 2,773 crore for the July-September period.
Central Bank of India reports Q2FY24 net profit of Rs 605 cr; NII grows 10%
Oct 21, 2023, at 05:00 am
Mumbai: State-owned Central Bank of India announced a net profit of Rs 605.4 crore for the fiscal quarter spanning July to September.
RBI planning to conduct open market sales of bonds
Oct 21, 2023, at 04:38 am
Mumbai: India's Central bank, the Reserve Bank of India (RBI), is planning to conduct open market sales of bonds once government spending increases and there is an improvement in durable liquidity surplus, Reuters reported.
India Semiconductor R&D Committee submits report on India Semiconductor Research Centre (ISRC)
Oct 21, 2023, at 03:15 am
New Delhi: The Ministry of Electronics and Information Technology (MeitY) committee has proposed establishing the India Semiconductor Research Centre (ISRC) at an estimated cost of $2.5-3 billion.
Paytm reports 32% jump in revenue to Rs 2,519 cr in Q2FY24, loss narrows to Rs 292 cr
Oct 21, 2023, at 02:47 am
Mumbai: One97 Communications, the parent company of Paytm, posted a consolidated revenue of Rs 2,519 crore for the second quarter ending September 2023, indicating a 32 percent increase compared to Rs 1,914 crore in the previous year, media reported.
Indian Market: Sensex drops 231.62 pts to close at 65,397.62
Oct 20, 2023, at 11:48 pm
The equity market remained negative for the third straight session on Friday, as the BSE Sensex tanked 231.62 pts to close at 65,397.62 due to weak trends in global markets and soaring crude oil prices.
Tyre company Bridgestone India to support 1,00,000 rubber farmers in Kerala
Oct 20, 2023, at 08:17 am
Kolkata/Pune: Tyre manufacturer Bridgestone India Thursday nnounced a commitment to adopt and support one lakh smallholder rubber farmers in Idukki and Kottayam districts in Kerala.
Tata Motors buys 27% stake in Freight Tiger for Rs 150 cr
Oct 20, 2023, at 08:10 am
Mumbai: Tata Motors on Thursday signed a Securities Subscription Agreement (SSA) and a Shareholders Agreement (SHA) with Freight Commerce Solutions Pvt Ltd for the acquisition of a 26.79% stake in Freight Tiger for a consideration of Rs 150 crore.
ITC Q2FY24 PAT grows 10% YoY to 4,927 cr
Oct 20, 2023, at 08:04 am
Kolkata: ITC Ltd announced a standalone net profit of Rs 4,926.96 crore for the September quarter of the current fiscal year, up 10.32% year-on-year (YoY).
India likely to achieve fiscal deficit target despite high expenses: IMF
Oct 20, 2023, at 08:01 am
New Delhi: The International Monetary Fund (IMF) stated on Thursday that India has the capacity to incorporate additional spending on subsidies and rural employment initiatives without surpassing the current fiscal deficit target of 5.9% set for this financial year.
Blinkit's revenue jumps 207% to Rs 724 cr in FY23, loss widens to Rs 1,190 cr
Oct 20, 2023, at 07:58 am
Mumbai: Blinkit reported a substantial surge in revenue from operations, marking a 207 percent increase to Rs 724 crore. This follows its transition to quick commerce in December 2021 and subsequent acquisition by Zomato.
Best Mutual Funds to Start SIP in 2023
Oct 20, 2023, at 02:46 am
Google lays off 40 to 45 employees in Google News: Report
Oct 19, 2023, at 10:56 pm
Tech giant Google has recently downsized its news division, with nearly 40 to 45 employees in Google News reportedly losing their positions, according to a spokesperson from the Alphabet Workers Union, reported CNBC.
Oct 19, 2023, at 10:24 pm
Warangal: Adani Energy Solutions Ltd has successfully commissioned the Warora Kurnool Transmission line, covering 1,756 circuit kms across Maharashtra, Telangana, and Andhra Pradesh.
Bandhan Bank reports net profit up 244% YoY at Rs. 721 crore for second quarter
Oct 19, 2023, at 04:53 am
Kolkata/IBNS: Bandhan Bank Wednesday announced its financial results for the second quarter of the financial year 2023-24. The bank’s retail loan book grew at a healthy 80% further strengthening its portfolio diversification agenda.
Bandhan Bank says its retail loan book grew 80 pct
Oct 18, 2023, at 11:46 pm
Bandhan Bank on Wednesday announced its financial results for the second quarter of the financial year 2023-24 where it said its retail loan book grew at a healthy 80% further strengthening the Bank’s portfolio diversification agenda.
Business loan or Advance! What is the difference between these two?
Oct 18, 2023, at 05:21 pm
PM Modi lays foundation stone for mega container terminal at Gujarat's Tuna-Tekra at Deendayal Port
Oct 18, 2023, at 10:04 am
New Delhi: Prime Minister Narendra Modi laid the foundation stone for the new 2.19 million TEU per annum mega-container terminal on India’s western coast Tuna-Tekra at Deendayal Port on Tuesday.
PwC India, Workiva partner to help Indian enterprises automate risk and compliance functions
Oct 18, 2023, at 08:35 am
Mumbai: PwC India Tuesday announced a strategic partnership with Workiva, a cloud platform for integrated reporting to meet increasing demands in India for accurate and transparent disclosures and Governance, Risk and Compliance (GRC).