TVS Motor Company registers sales growth of 25% in April
May 01, 2024, at 11:16 pm
Two-wheeler manufacturer TVS Motor Company on Wednesday said it registered a growth of 25% with sales increasing from 306,224 units in April 2023 to 383,615 units in April 2024.
Ensuring Family Health: Understanding Your Options in Medical Insurance Plans
May 01, 2024, at 08:56 pm
Ensuring the health and well-being of our family members is incredibly important nowadays. With medical costs going up and unexpected health issues cropping up, having a solid health insurance plan is a must. In this blog, we'll talk about health insurance plans for families. We'll see how they're crucial for keeping our loved ones healthy and secure.
Google wraps up Flutter, Dart, and Python teams; sudden job loss leaves employees in shock
May 01, 2024, at 12:14 pm
Google has terminated employees from various technology teams, such as Flutter, Dart, and Python, among others, media reports said.
REC Ltd Q4FY24 net profit soars 34% to Rs 4,016 cr
May 01, 2024, at 06:52 am
New Delhi: Public infrastructure finance company REC Limited reported a net profit of Rs 4,016 crores for the fourth quarter of fiscal year 2024, an increase of 34% from Rs 3,001 crores recorded in the same period of the previous fiscal year.
NHPC signs MoU with Norwegian firm for implementation of floating solar energy technology in India
May 01, 2024, at 06:41 am
New Delhi: NHPC Limited, the largest organization for hydropower development in India, signed a Memorandum of Understanding (MoU) with Norwegian company Ocean Sun operating as a technology provider to the floating solar industry.
IOC Q4FY24 standalone net profit falls 52% to Rs 4,838 cr
May 01, 2024, at 06:19 am
New Delhi: Public sector undertaking Indian Oil Corporation (IOC) reported a standalone net profit of Rs 4,838 crore, a decline of 52% for the quarter ending in March.
Adani Total Gas Q4FY24 net profit jumps 71% to Rs 168 cr
May 01, 2024, at 05:28 am
Ahmedabad: Adani Total Gas on Tuesday reported a notable rise of 71% in its consolidated net profit for the fourth quarter of the financial year 2023-24 to Rs 167.96 crore compared to Rs 97.91 crore the previous year.
IMF revises India's FY25 GDP growth by 30 bps to 6.8% on buoyant domestic demand
May 01, 2024, at 04:52 am
New Delhi: The International Monetary Fund (IMF) revised India's GDP growth projection for 2024-25 upward by 30 basis points to 6.8% in its update to the World Economic Outlook (WEO) on the back of buoyant domestic demand in the country.
TAC Security appointed as cybersecurity assessor for Microsoft & Meta-led App Defense Alliance
May 01, 2024, at 03:12 am
Mumbai: Cybersecurity company TAC Security has been appointed as a key Cyber Security Assessor for the app Defense Alliance (ADA).
Central Bank of India Q4FY24: Net profit jumps 41% to Rs 807 cr
May 01, 2024, at 02:52 am
Mumbai: The Central Bank of India reported a 41.33% jump in Q4FY24 net profit to Rs 807 crore for the quarter and by 61.13% to Rs 2,549 crore for the fiscal year.
UCO Bank Q4FY24: PAT down 9.5% YoY to Rs 526 cr due to higher provisioning
May 01, 2024, at 01:39 am
Kolkata: Public sector lender UCO Bank reported a 9.5% decrease in year-on-year net profit for the March quarter, totaling Rs 526 crore, primarily attributed to increased operating expenses, compared to the net profit of Rs 581 crore in the corresponding period last year.
Tesla lays off more senior executives weeks after reducing 10 percent global workforce
Apr 30, 2024, at 08:03 pm
Elon Musk's Tesla is laying off more employees and it includes senior executives and long-time veterans of the company, media reports said.
Apr 30, 2024, at 05:10 am
The National Council of Applied Economic Research (NCAER) on Monday said the Indian economy can attain growth rates higher than 7 per cent during the current fiscal year.
Indian Market: Sensex jumps 941.12 points
Apr 29, 2024, at 11:49 pm
The BSE Sensex on Monday posted massive gains of 941.12 points to close strong at 74671.28 following the gains of Bankex, Oil and Gas, Financial Services, and Utilities stocks.
Goa Shipyard Limited signs MoU with Netherlands-based Damen Shipyards in field of e-Tugs
Apr 28, 2024, at 10:08 pm
The Indian Defence Ministry’s Goa Shipyard Limited signed a Memorandum of Understanding (MoU) with Damen Shipyards for collaboration in the sector of e-Tugs.
After postponing visit to India, Tesla CEO Elon Musk heads to China
Apr 28, 2024, at 06:52 pm
Tesla CEO Elon Musk is on a surprise visit to China, the second-largest market for the electric vehicle titan, media reports said.
AdaniConneX sets benchmark with construction financing framework of USD 1.44 billion
Apr 28, 2024, at 06:25 pm
Ahmedabad: AdaniConneX, a 50:50 JV between Adani Enterprises and EdgeConneX, has established India’s largest sustainability-linked financing to raise up to USD 1.44 billion.
Centre allows export of 99,150 MT of onion to 6 neighbouring countries
Apr 28, 2024, at 03:24 am
New Delhi: The Centre has allowed the export of 99,150 MT of onion to six neighbouring countries—Bangladesh, UAE, Bhutan, Bahrain, Mauritius and Sri Lanka.
India’s export of premium-quality basmati rice up 22% till Feb 2024
Apr 27, 2024, at 06:44 am
New Delhi: India’s exports of premium-quality basmati rice saw a rise of 22 percent, reaching a total value of $5.2 billion from April 2023 to February 2024, propelled by strong demand, particularly from West Asia, a media report said.
Small Finance Banks can now apply to become universal banks under the on-tap licesning norms: RBI
Apr 27, 2024, at 05:50 am
Mumbai: The Reserve Bank of India (RBI) on Friday said that small finance banks (SFBs) meeting certain criteria can now seek approval from the regulator to transition into universal banks under the on-tap licesning norms.
Difference Between Demat and Trading Account
Apr 27, 2024, at 05:05 am
SBI Cards Q4FY24 net profit grows 11% YoY to Rs 662.37 cr
Apr 27, 2024, at 04:53 am
Mumbai: SBI Cards and Payment Services on Friday reported a net profit increase of 11.05 percent to Rs 662.37 crore in the March quarter of the financial year (FY) 2023-24, up from Rs 596.47 crore recorded in the corresponding period last year.
RBI issues new norms for LSPs to facilitate informed decisions by borrowers
Apr 27, 2024, at 04:45 am
Mumbai: The Reserve Bank of India (RBI) on Friday said that lending service providers (LSPs), operating as representatives of banks should disclose all available loan offers to borrowers to facilitate informed decision-making.
Stock market opens in green with Nifty near 22,600
Apr 26, 2024, at 04:28 pm
Mumbai/IBNS: The Indian benchmark indices, led by positive cues from global peers, opened in the green on Friday (Apr 26).
Vedanta Ltd Q4FY24 net profit drops 27% YoY to Rs 1,369 cr
Apr 25, 2024, at 11:30 pm
Mumbai: Vedanta Ltd, a global diversified natural resources company posted a 27 percent fall in net profit at Rs 1,369 crore for the fourth quarter of FY2023-24.
Swiggy gets shareholders' nod for $ 1.2 billion IPO
Apr 25, 2024, at 10:42 pm
New Delhi: Bengaluru-based food tech company Swiggy has obtained approval from its shareholders for its upcoming $1.2-billion initial public offering (IPO).
HUL Q4FY24 profit drops 6% YoY to Rs 2,406 cr
Apr 25, 2024, at 09:48 pm
Mumbai: Hindustan Unilever Ltd reported a 6% decrease in standalone net profit for the fiscal fourth quarter, amounting to Rs 2,406 crore compared to Rs 2,552 crore in the previous year.
Stock market opens in red, Kotak Mahindra Bank shares plunge 10% on RBI curbs
Apr 25, 2024, at 04:28 pm
Mumbai/IBNS: The Indian benchmark indices opened on a negative note on Thursday (Apr 25), following global peers down as a rout in tech stocks dragged the US benchmark indices down after disappointing forecasts by Facebook's parent Meta.
Credit card spending grows 27% YoY to Rs 18.26 trillion in FY24: RBI
Apr 25, 2024, at 07:36 am
Mumbai: Credit card spending increased by 27% year-on-year to Rs 18.26 trillion in the financial year 2023-24 (FY24), up from around Rs 14 trillion in the previous year, according to the latest data from RBI.
Mahindra Tractors crosses milestone by selling 40 lakh tractor units
Apr 25, 2024, at 07:13 am
Mumbai: Mahindra Tractors, a part of the Mahindra Group, has achieved a milestone by selling the brands 40th lakh tractor, inclusive of exports in March 2024.