IndiaMART InterMESH Ltd.

Indiamart Intermesh Ltd reports a 55.62% rise in Q3 net profit to Rs 188.31 crore. Revenue up 13.35% to Rs 401.6 crore. Details inside.

WestBridge Capital offloads 1.2% stake in IndiaMART for Rs 190 crore through open market transactions. SBI Mutual Fund and Morgan Stanley Asia (Singapore) purchased the shares.

Indiamart Intermesh's net profit fell 27.4% to Rs 81.9 crore in Q3 FY24, while revenue grew 21.43% to Rs 305.3 crore. Read more.

TCS and Tata Group collaborate with OpenAI to develop AI infrastructure, offer joint solutions, and train Indian youth.

Sri Lanka sees vehicle import increase in January, driven by a 15% surge in Indian imports. Two-wheelers lead registrations.

Dr Reddy''s acquires Progynova & Cyclo-Progynova for USD 32.15 mn, entering the hormone replacement therapy market in India. Strengthens gynaecology portfolio.

FCI signs MoU with WFP to supply rice for global humanitarian operations, combating hunger and malnutrition. India''s commitment to food security.

Annapurna Finance secures USD 100 million through a syndicated multi-currency social loan. Kotak Alts invests in Zeroharm Sciences. Axis Bank & IndiGo launch co-branded credit cards.

TCS and Tata Group collaborate with OpenAI to develop AI infrastructure, offer joint solutions, and train Indian youth.

Sri Lanka sees vehicle import increase in January, driven by a 15% surge in Indian imports. Two-wheelers lead registrations.

Bill Gates will not deliver the keynote at the India AI Impact Summit. Ankur Vora will represent the Gates Foundation instead.

Indian foreign exchange markets are closed Thursday for Chatrapati Shivaji Maharaj Jayanti. Get the latest market updates.

Dr Reddy''s acquires Progynova & Cyclo-Progynova for USD 32.15 mn, entering the hormone replacement therapy market in India. Strengthens gynaecology portfolio.