January 09, 2025 11:56 pm (IST)
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Bangladesh Violence: President Mohammed Shahabuddin declares dissolution of Parliament, interim government to formed soon | Bangladesh unrest: Protesters loot sarees, furniture from Sheikh Hasina's official residence; eat biryani | As Sheikh Hasina flees, ex-Bangladesh PM Khaleda Zia's release ordered | Two Hindu councillors killed in Bangladesh clashes; protesters vandalise ISKCON, Kali temples | Sheikh Hasina may not return to politics, says son: Report | Bangladesh violence: Bangabandhu Memorial Museum set on fire, Sheikh Mujibur Rahman's statue vandalised in Dhaka | Interim government to be formed in Bangladesh, confirms Army chief Waker-Uz-Zaman as Sheikh Hasina flees nation amid protests | Sheikh Hasina leaves country for 'safer place' amid escalating violence, people storm PM's official residence in Bangladesh | Mamata Banerjee, Suvendu Adhikari agree on resolution against division of Bengal | Akhil Giri quits as Bengal minister obeying TMC's order over his 'threat to woman officer' row

Jio Infocomm posts Rs 5,058 cr Q2FY24 net profit, up 12% YoY

Oct 28, 2023, at 03:11 am

Mumbai: Jio Infocomm, the telecom arm of Reliance Industries, posted a standalone net profit of Rs 5,058 crore for the quarter ending in September, up 12.10 percent year-on-year.

Reliance Retail Q2FY24 PAT grows 21% YoY to Rs 2,790 cr

Oct 28, 2023, at 02:23 am

Mumbai: Reliance Retail, the retail division of diversified conglomerate Reliance Industries, recorded a 21 percent year-on-year rise in net profit, reaching Rs 2,790 crore for the quarter ending in September.

Sensex surges 634 points to close at 63782.80

Oct 27, 2023, at 10:36 pm

Snapping a losing streak of the last six sessions, the BSE Sensex on Friday surged 634.65 points to close at 63782.80 as buying was seen in power, utilities, and real estate stocks amid a positive Asian market.

Tata Group to manufacture Apple iPhones in India for domestic and global markets, announces Indian Minister Chandrasekhar

Oct 27, 2023, at 10:29 pm

Tata Group will officially manufacture Apple iPhones in India for domestic and international markets in the next two and a half years.

Maruti Suzuki profit surges 80 pc to Rs 3,716.5 cr in Q2

Oct 27, 2023, at 10:28 pm

On the back of higher sales, softening commodity prices and cost reduction, country's largest carmaker Maruti Suzuki on Friday recorded 80.3% year-on-year increase in net profit at Rs 3,716.5 crore for July-September quarter (Q2) of ongoing financial year 2023-24.

Dubai Chambers unveils Dubai Business Forum, says platform will help Indian businesses to expand in Middle East and beyond

Oct 27, 2023, at 06:11 am

Mumbai: Dubai Chambers on Thursday announced the launch of the Dubai Business Forum.

Bank Fraud case: ED attaches assets worth Rs 70 cr of DHFL promoters Wadhawans

Oct 27, 2023, at 05:58 am

New Delhi: The Enforcement Directorate has attached assets worth over Rs 70 crore belonging to DHFL promoters Kapil and Dheeraj Wadhawan in connection to a money laundering probe linked to an alleged bank loan fraud case, media reported.

Govt to increase onion supplies to prevent prices from skyrocketing during festive season

Oct 27, 2023, at 05:17 am

New Delhi: The government is set to increase the supply of onions in retail markets to stabilize prices during the upcoming festive season, Moneycontrol reported, citing a senior official from the Consumer Affairs Department.

SEBI bans finfluencer 'Baap of Chart'; orders to return Rs 17.2 cr

Oct 27, 2023, at 04:36 am

Mumbai: The Securities and Exchange Board of India (SEBI) on Wednesday prohibited a well-known social media influencer from engaging in securities trading and ordered him to reimburse Rs 17.2 crore collected from his followers, Bloomberg reported.

Amid geopolitical tensions, Sensex tumbles 900 points; falls for 6th continuous day

Oct 27, 2023, at 03:36 am

Mumbai: The stock market continued to decline for the sixth consecutive session, the benchmark Sensex witnessed a massive drop of around 900 points, crossing the 64,000 level.

Reliance Jio partners with Plume's cloud platform

Oct 26, 2023, at 08:13 pm

Mumbai/UNI: Telecom major, Reliance Jio Infocomm Limited on Thursday said the company has partnered with network services and consumer experience pioneer Plume to provide market-leading smart home and small business services to its subscribers across India.

Bajaj Finserv Asset Management launches new banking and PSU fixed income fund

Oct 26, 2023, at 08:38 am

Pune: Bajaj Finserv Asset Management on Wednesday announced the launch of its fourth fixed income investment produc tBajaj Finserv Banking and PSU Fund.

Cello World IPO of Rs 1,900 cr to open on Oct 30

Oct 26, 2023, at 08:31 am

Mumbai: The initial public offer of Cello World Ltd, one of the leading companies in the consumerware market, will be listed on the country's premier equity markets to raise Rs 1,900 crore.

Volvo Car India records 40% growth in FY24’s Jan-Sept period

Oct 26, 2023, at 08:21 am

Kolkata: Volvo Car India recorded 40% growth in the January-September 2023 period, the company said in a press release.

India set to become third-largest economy by 2030 with GDP of over $7 trillion: S&P Global

Oct 26, 2023, at 07:06 am

New Delhi: India, presently the world's fifth-largest economy, is poised to surpass Japan and secure the position of the third-largest global economy with a Gross Domestic Product (GDP) of $7.3 trillion by 2030, S&P Global Market Intelligence has projected in its latest Purchasing Manager’s Index (PMI) report.

Cabinet approves nutrient-based fertiliser subsidy for Rabi season at an outlay of Rs 22,303 cr

Oct 26, 2023, at 05:55 am

New Delhi: The Union Cabinet Wednesday approved the nutrient-based fertiliser subsidy rates for the 2023-24 Rabi season at a cost of Rs 22,303 crore to the government.

South Korean firm Daewoo to reenter India to make power, energy, and electronic products, EVs

Oct 26, 2023, at 05:23 am

Mumbai: Daewoo, which manufactured Matiz and Cielo cars in India, is preparing for a re-entry into the country, this time focusing on a range of power, energy, and electronic products, including electric vehicles (EVs), Moneycontrol reported.

Tech Mahindra's Q2FY24 net profit grows 6% to Rs 494 cr

Oct 26, 2023, at 05:20 am

Mumbai: IT services company Tech Mahindra witnessed a significant 61.6 percent drop in net profit to Rs 494 crore compared to the previous year for the quarter ending on September 30.

Axis Bank reports Rs 5,864 cr Q2FY24 net profit, up 10% YoY; NII grows 19%

Oct 26, 2023, at 05:16 am

Mumbai: Private sector lender Axis Bank on Wednesday reported a net profit of Rs 5,864 crore for the July-September FY24 quarter, a 10 percent increase from Rs 5,330 crore recorded a year ago.

A Convenient Guide to Applying for a Two-Wheeler Loan Online in India

Oct 26, 2023, at 04:05 am

Owning a two-wheeler is not just a mode of transport; it's a symbol of convenience and freedom for millions of Indians. Whether you're a college student commuting to campus, a professional navigating through city traffic, or someone looking for a budget-friendly way to get around, a two-wheeler can be the perfect solution. If you're considering purchasing a bike but don't have the immediate funds, fret not! Two-wheeler loans offer a hassle-free way to finance your ride. In this comprehensive guide, we'll walk you through the process of applying for a two-wheeler loan online in India, including bike loan eligibility criteria and interest rates.

Indian stock markets witness erosion of wealth as investors resort to heavy selling amid geopolitical tensions

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.

Cabinet approves Memorandum of Cooperation between India and Japan on Japan-India Semiconductor Supply Chain Partnership

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.

Byju's CFO Ajay Goel quits

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.

Court orders Swedish furniture retailer IKEA to pay Rs 3,000 for charging customer for paper bag with brand name: Report

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.

Introducing Digital Clinch and Floodlightz Events as Distinct Identities, Elevating the Landscape for Event Management and Digital Marketing Companies

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.