Feb 15, 2024, at 03:40 am
Kolkata: Tata Power Renewable Energy Limited (TPREL), a subsidiary of Tata Power, has signed a power delivery agreement with Tata Communications for an 18.75 MW AC group captive solar power plant.
RBI calls on banks to remain vigilant against accumulation of risks
Feb 15, 2024, at 03:35 am
Mumbai: RBI Governor Shaktikanta Das cautioned banks about the accumulation of risks within the banking system during a meeting with CEOs. He underscored the importance of remaining vigilant and avoiding complacency, stressing that banks must stay alert to potential risks, media reports said.
Wholesale inflation of India eases to 0.27 pc in January
Feb 15, 2024, at 12:39 am
India's wholesale price index (WPI) based inflation eased to 0.27% in January 2024 from 0.73% in the previous month, as per data released by the Ministry of Commerce and Industry showed on Wednesday.
Passenger vehicles sales jump 14 pc in January on strong demand
Feb 14, 2024, at 11:26 pm
Passenger vehicles sales comprising cars, SUVs and vans started on a strong note in the new year with total domestic sales rising 13.57% year-on-year to 3,93,074 units in January 2024, as per data released by Society of Indian Automobile Manufacturers (SIAM) on Wednesday.
Sensex gains 267.64 points as market closes
Feb 14, 2024, at 11:18 pm
The BSE Sensex on Wednesday gained further by 267.64 pts at 71,822.83 as buying was witnessed in Oil and Gas, Energy, Metal and Utilities stocks.
Škoda Auto India launches Slavia Style Edition in exclusive numbers
Feb 14, 2024, at 10:35 pm
In what is its first product action after achieving one lakh sales in two years, Škoda Auto India has introduced the Slavia Style Edition of its best-selling, five-star safe, crash-tested sedan.
Sensex plunges over 600 points during early trade
Feb 14, 2024, at 04:08 pm
The BSE Sensex tanked 608.37 points at 70,946.88 in the opening session as selling was seen across the board.
The Body Shop collapses into administration in UK, puts over 2000 jobs at risk
Feb 14, 2024, at 04:03 pm
Cosmetic chain The Body Shop has collapsed into administration in the UK, leaving more than 2,200 jobs at risk.
Tata.ev slashes EV prices up to Rs. 1.2 Lakh
Feb 14, 2024, at 02:55 pm
Tata Motors' subsidiary Tata Passenger Electric Mobility (TPEM) on Tuesday announced reducing the price of Nexon.ev and Tiago.ev, intending to make EVs more accessible to Indian customers.
DSP Mutual Fund appoints Chirag Joshi as Head of Distributor Success & B2B growth
Feb 14, 2024, at 02:21 am
Mumbai: DSP Mutual Fund announced the appointment of Chirag Joshi as Head of Distributor Success and B2B Growth.
Bandhan Bank and Tata Motors sign MoU to offer attractive commercial vehicle financing solutions
Feb 14, 2024, at 02:06 am
Kolkata: Private sector lender Bandhan Bank has signed a Memorandum of Understanding (MoU) with Tata Motors to offer convenient financing solutions to its commercial vehicle customers.
Feb 14, 2024, at 01:33 am
Mumbai: The top five states and Union Territories, including Maharashtra, New Delhi, Karnataka, Gujarat and West Bengal witnessed an average growth of around 27-30 percent in AAUM (Average Assets under Management) in January 2024 on a year-on-year basis.
Feb 12, 2024, at 10:38 pm
The BSE Sensex on Monday tumbled down 523 points to close at 71'072.49 as selling was seen in utilities, telecommunications, real estate, and power stocks.
Hiroshi Yoshizane appointed as Bridgestone India MD
Feb 12, 2024, at 10:35 pm
Bridgestone India, part of the Bridgestone Corporation, a global leader in tyres and sustainable mobility solutions, on Monday announced Hiroshi Yoshizane will take over as its new managing director.
Sensex down by over 200 points
Feb 12, 2024, at 05:52 pm
Mumbai/UNI: The BSE Sensex on Monday slipped 271.27 points to 71'324.22 in the opening session as selling was seen in oil and gas, utilities, power, and energy.
EPFO hikes interest rate to 8.25 percent
Feb 10, 2024, at 08:24 pm
The Central Board of Trustees of the Employees’ Provident Fund Organisation (EPFO) on Saturday (February 10, 2024) heightened interest rate for financial year 2023-24 to touch 8.25 percent.
Key drivers of Indian and global market performance: A week in review
Feb 10, 2024, at 07:06 pm
Mumbai: This week's market update delves into the latest developments at both domestic and international markets and trends from February 03, 2024, to February 09, 2024, which drove investor sentiment.
Tata Power Q3FY24 PAT grows to Rs 1,076 crore
Feb 10, 2024, at 05:35 pm
Mumbai: Tata Power said on Friday that better realization in the core business segments consisting of generation, transmission, distribution, and renewables, helped the company to grow its Q3FY24 reported PAT to Rs 1,076 crore as compared to Rs 1,052 crores of the corresponding quarter last fiscal.
Bandhan Bank Q3FY24: Net profit jumps 152% YoY to Rs 737 cr
Feb 10, 2024, at 08:07 am
Bandhan Bank on Friday reported impressive earnings for the quarter ended December 31, 2023, with the net profit surging by around 152% year-on-year (YoY) to Rs 737 crore compared to Rs 290.6 crore in Q3 FY23.
Hit by RBI restrictions, Paytm to set up advisory committee headed by ex-SEBI Chairman M Damodaran
Feb 10, 2024, at 07:55 am
Mumbai: One97 Communications, the fintech company that owns the Paytm brand, revealed on Friday that it would set up an advisory committee led by former SEBI Chairman M Damodaran, media reported.
How MS Swaminathan, architect of Green Revolution, bolstered India’s food security
Feb 10, 2024, at 07:05 am
New Delhi: Prime Minister Narendra Modi on Friday announced that the late Indian agricultural scientist MS Swaminathan, along with former Prime Ministers PV Narasimha Rao and Chaudhary Charan Singh, would be conferred the Bharat Ratna.
PV Narasimha Rao: The Prime Minister who steered India through economic crisis with bold leadership
Feb 10, 2024, at 06:12 am
New Delhi: The Narendra Modi government on Friday announced Bharat Ratna for former Prime Minister PV Narasimha Rao posthumously. The honour is seen as a befitting tribute by the nation to the a prime minister of Congress outside the Nehru-Gandhi family.
PM Modi says White Paper exposed how UPA govt's policies were taking India on path of poverty
Feb 10, 2024, at 05:48 am
New Delhi/IBNS: Prime Minister Narendra Modi Friday that the policies followed by the country in the 10 years before 2014 were taking the country on the path of poverty and mentioned the White Paper tabled in the Budget Session of Parliament regarding this has proved so.
Hyundai India IPO: Company picks up JP Morgan, Citi, and HSBC as advisors, says report
Feb 10, 2024, at 04:21 am
Mumbai: Hyundai Motor, the South Korean automotive company, has proposed an initial public offering (IPO) for its India division. It has selected JP Morgan, Citi, and HSBC as advisors for the potential IPO, aiming to raise an estimated $3 billion to $3.5 billion, Moneycontrol reported citing various anonymous industry insiders.
Tata Steel’s Kalinganagar and Meramandali plants receive ResponsibleSteel Certification
Feb 10, 2024, at 04:16 am
Mumbai: Tata Steel’s Kalinganagar and Meramandali plants have received the prestigious ResponsibleSteel Certification.
Sensex spikes 167.06 points as market closes
Feb 09, 2024, at 11:16 pm
The BSE Sensex on Friday rose 167.06 points to close at 71,595.49 following gains in oil and gas, metals, and utilities stocks.
Market experts divided on RBI's choice to maintain key policy rate
Feb 09, 2024, at 06:12 am
New Delhi: As widely anticipated by financial markets and policy observers, the Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) opted to maintain the policy repo rate at its current level of 6.50 percent during its meeting on Thursday.
Mukesh Agrawal appointed Coal India’s new Director (Finance)
Feb 09, 2024, at 05:07 am
Kolkata: Mukesh Agrawal took over as Director (Finance) of Coal India Limited (CIL), the Maharatna public sector coal mining monolith, on Thursday.
Apollo Hospitals Q3FY24 Consolidated PAT grows 60% to Rs 2,453 million
Feb 09, 2024, at 04:51 am
Mumbai: Apollo Hospitals, one of India’s leading healthcare providers, reported Rs. 2,453 million Profit After Tax (PAT) for the third quarter of FY24, demonstrating a notable increase of 59.87% from Rs. 1,535 million recorded in Q3FY23.
LIC Q3FY24: Profit grows 49% YoY to Rs 9,441 cr
Feb 09, 2024, at 04:45 am
Mumbai: The Life Insurance Corporation (LIC) of India announced a 49 percent surge in net profit to Rs 9,441 crore for the October-December quarter of the fiscal year 2023-24, an increase from the Rs 6,334 crore reported in the same period last year.