Bridgestone India's Indore Plant rolls out 100 millionth tyre
Nov 10, 2023, at 10:21 am
Kolkata: Bridgestone India, part of Bridgestone Corporation, on Monday said its Indore plant rolled out 100 millionth tyre, an achievement coinciding with the tyre manufacturer's silver jubilee in India.
Former Miss India and Yale University grad Aditi Arya weds Uday Kotak's son Jay Kotak
Nov 10, 2023, at 07:14 am
Mumbai: Former Miss India Aditi Arya, who also holds an MBA from Yale University, recently got married to Jay Kotak, the son of billionaire banker Uday Kotak, at the Jio Convention Centre in Mumbai. The additional celebrations took place in Udaipur, reported MoneyControl.
Hinduja Global Solutions Q2FY24 consolidated profit drops 92% to Rs 223 cr, grows 11% QoQ
Nov 10, 2023, at 05:45 am
Mumbai: Business process management company Hinduja Global Solutions declared a consolidated profit of Rs 18.4 crore in the quarter ending September 30, 2023, down approximately 92%, compared to Rs 222.88 crore in the same quarter last year.
ICICI Bank gets RBI's nod to make ICICI Securities wholly-owned subsidiary
Nov 10, 2023, at 03:41 am
Mumbai: ICICI Bank Thursday said it has received approval from the Reserve Bank of India to make ICICI Securities its wholly-owned subsidiary.
Nov 09, 2023, at 07:50 am
New Delhi: Union Commerce and Industry Minister Piyush Goyal is scheduled to meet with Tesla CEO Elon Musk in the United States next week to further the U.S. carmaker's efforts to enter the Indian market as New Delhi looks to protect its interests in the deal, Reuters reported.
Apollo Tyres Q2 net profit jumps 164% to Rs 6,280 cr
Nov 09, 2023, at 07:02 am
Gurugram: Apollo Tyres Ltd Wednesday reported a net profit of Rs 474 crores for the quarter ended September 30, 2023, up 164%, as against Rs 179 crores in the same period last fiscal.
US invests $553 million in Adani port in Sri Lanka amid growing Chinese influence
Nov 09, 2023, at 06:36 am
Colombo: U.S. International Development Finance Corporation (DFC) has announced a funding of $553 million in Colombo West International Terminal Pvt. Ltd. (CWIT) – a consortium of India's largest port operator Adani Ports and SEZ Ltd., Sri Lanka's leading enterprise John Keells Holdings (JKH) and the Sri Lanka Ports Authority.
Reliance Capital reports consolidated net loss of Rs 239 cr in Q2
Nov 09, 2023, at 05:58 am
Mumbai: Reliance Capital reported a consolidated net loss of Rs 239 crore for the quarter ending on September 30, 2023-24.
BHEL reports consolidated net loss of Rs 238 cr in Sept qtr
Nov 09, 2023, at 05:45 am
Mumbai: State-owned engineering company Bharat Heavy Electricals Ltd (BHEL) announced a consolidated net loss of Rs 238.12 crore for the September quarter of the fiscal year 2023-24.
Air India poised to restore entire 'long grounded' fleet since Tata Group took reins
Nov 09, 2023, at 05:26 am
Mumbai: Air India is set to restore its entire "long-grounded" fleet, which has been out of operation since the Tata Group took over two years ago.
India mulling 39% cut in tariff on EV imports to finalise FTA with UK: Report
Nov 09, 2023, at 05:14 am
New Delhi: India is considering a proposal to decrease import taxes on certain electric vehicles from the UK in order to finalise a free-trade agreement between the two nations by the end of this year, Bloomberg reported, citing sources.
Oil India Q2FY24 consolidated net profit falls 70% to Rs 640 cr
Nov 09, 2023, at 04:41 am
New Delhi: Oil India Limited (OIL) Wednesday reported a 70 percent decrease in its consolidated net profit compared to the same period last year, at Rs 640 crore for the second quarter of the fiscal year 2023-24.
Tesla likely to import cars from Germany in intial phase to enter Indian market: Report
Nov 09, 2023, at 04:29 am
New Delhi: Tesla will launch its entry into the Indian market with direct imports from its German Gigafactory, contrary to earlier reports that the Elon Musk-led company would manufacture cars in India, media reported.
Tata Power Company Q2FY24 consolidated net profit grows 9% to Rs 1,017 cr
Nov 09, 2023, at 03:00 am
Mumbai: Tata Power Company Ltd reported a consolidated net profit of Rs 1,017.41 crore for the second quarter of FY 24, marking 8.79 percent YoY growth over Rs 935.18 crore reported last year.
Indian Market: Sensex improves 33.21 pts
Nov 08, 2023, at 10:40 pm
The BSE Sensex on Wednesday ended positive at 64,975.61, rising 33.21 pts following gains in Asian Paints, Titan and JSW Steel.
Rahul Kothari appointed as Razorpay's Chief Operating Officer for India and Malaysia
Nov 08, 2023, at 08:37 pm
Mumbai: Rahul Kothari, formerly the Chief Business Officer (CBO) of Razorpay, has been appointed as the Chief Operating Officer (COO) for India and Malaysia.
Shriram Capital seeks RBI nod for Asset Reconstruction Company license
Nov 08, 2023, at 08:19 pm
Mumbai: Shriram Capital has applied for an Asset Reconstruction Company (ARC) license from the Reserve Bank of India (RBI), Moneycontrol reported.
NHPC Q2FY24 standalone PAT stands at Rs 2,500 cr
Nov 08, 2023, at 06:31 am
New Delhi: NHPC, a Mini Ratna Category-I Enterprise of the Govt. of India, has registered the highest ever half-yearly standalone Profit after Tax (PAT) of Rs. 2,500 crores, against Rs. 2,483 crores for the corresponding previous half-year.
Centre approves early release of Rs 72,961 cr in tax devolution to states due to festive season
Nov 08, 2023, at 06:00 am
New Delhi: In view of the approaching festive season, the Union Government has granted approval for the disbursement of Rs 72,961.21 crore in tax devolution to State Governments for November 2023, the Ministry of Finance said on Tuesday.
'4.56% Govt Security 2023’ to be fully repaid on Nov 29
Nov 08, 2023, at 05:48 am
New Delhi: The '4.56% Government Securities 2023' will be fully repaid on November 29, 2023, without any additional interest after this date, the Ministry of Finance said in a communique on Tuesday.
National Coal Index rose by 3.83 points in Sept
Nov 08, 2023, at 05:25 am
New Delhi: The National Coal Index (NCI) rose marginally by 3.83 points to 143.91 in September 2023 after April 2023 due to the temporary rise of coal prices in global markets, the Ministry of Coal said on Tuesday.
Power Grid Corporation of India reports Q2FY24 consolidated net profit of Rs 3,781.42 cr
Nov 08, 2023, at 05:21 am
Mumbai: The Power Grid Corporation of India Tuesday reported Rs 3,781.42 crore as its consolidated net earnings for the quarter ending September 30, 2023, up 3.59 percent compared to Rs 3,650.29 crore the previous year primarily driven by lower expenses, although higher taxes partially offset the gains.
IRCTC q2fy24 PAT grows 30% YoY to 294.67 cr
Nov 08, 2023, at 02:14 am
Mumbai: Indian Railway Catering and Tourism Corporation Ltd. (IRCTC) on Tuesday announced a net profit of Rs 294.67 crore for the September quarter of FY24, showing a 30.36 percent increase from the Rs 226.03 crore reported in the same quarter of the previous fiscal year.
Sensex drops marginally by 16.29 pts
Nov 07, 2023, at 10:01 pm
Snapping a winning streak of last three sessions, the BSE Sensex declined 16.29 pts to close at 64,942.40 on profit booking by local operators.
Rupee falls 4 paise against USD
Nov 07, 2023, at 05:33 pm
Mumbai/UNI; The rupee on Tuesday slipped four paise to 83.25 in the opening session on rising demand for the US dollar by bankers and importers, dealers at the Foreign Exchange said.
Indian Market: Sensex rises 63 points
Nov 07, 2023, at 04:07 pm
The BSE Sensex continued to rise on Tuesday too, as it advanced by 63 points to open at 65,021.29 in the opening session as buying was seen in Utilities, Health Care, and Commodities stocks.
Indian Market: Sensex soars 594.91 points
Nov 06, 2023, at 09:55 pm
Extending its rally for the third consecutive session on Monday, the BSE Sensex edged up 594.91 pts to close high at 64,958.69 following gains in metal, capital goods, industrials, and commodities stocks amid positive global cues.
Securing a Personal Loan with a Low CIBIL Score: What You Need to Know
Nov 06, 2023, at 09:14 pm
Adani's Mundra port logs highest-ever cargo volume in October
Nov 06, 2023, at 05:53 pm
New Delhi/UNI: Adani group's Mundra Port handled 16.1 million metric tonne (MMT) of cargo in October, 2023 recording the highest-ever volume by any port in India, Adani Ports and Special Economic Zone Ltd (APSEZ) said in a statement on Sunday.
Trouble edtech startup Byju's reports Rs 2,250 cr loss in its delayed financial results
Nov 05, 2023, at 09:26 pm
Bengaluru: Education startup Byju's finally released its financial results on Saturday, after several delays. The results revealed that its parent company, Think & Learn Pvt., reported a slight reduction in losses, despite a surge in business during the pandemic.