Rane Engine Valve Ltd.

Rane Engine Valve Ltd. saw a significant jump in its profit after tax for the July-September 2024 quarter, reaching Rs 5.7 crore, driven by strong domestic demand and cost optimization.

Rane Engine Valve Ltd reported a profit after tax of Rs 4.7 crore for Q4 FY24, flat compared to last year. Revenue grew to Rs 151.2 crore, driven by strong sales to OEMs.

Rane Group merges Rane Brake Lining Ltd and Rane Engine Valve Ltd into Rane (Madras) Ltd, creating an entity with a combined turnover of over Rs 3,370 crore.

Veegaland Developers announces Rs 210 crore IPO, opening Sep 10 with a price band of Rs 130-140. Funds for projects & land acquisition.

Former CEA K.V. Subramanian defends India's 7.8% GDP growth, arguing against pessimism and repeated underestimation by global institutions.

Indian benchmark indices Sensex & Nifty ended lower due to rising crude oil prices, fresh US-Iran tensions, and fears of a hawkish US Federal Reserve policy.

The Indian Rupee rose 28 paise to 94.94 against the US dollar, driven by strong domestic growth, fiscal control, and portfolio inflows. RBI intervention likely played a role.

India's electricity capacity is projected to reach over 2,000 GW by 2047, driven by massive clean energy expansion, especially solar, as per an ENCIS report.

Veegaland Developers announces Rs 210 crore IPO, opening Sep 10 with a price band of Rs 130-140. Funds for projects & land acquisition.

Get the latest Areca nut (Supari, Koka) and Coconut prices for Tuesday in Mangaluru. Daily market rates for different qualities.

Former CEA K.V. Subramanian defends India's 7.8% GDP growth, arguing against pessimism and repeated underestimation by global institutions.

Nissan Motor India reported a 2% decline in August 2023 total wholesales to 9,350 units. Domestic sales surged 147% driven by Magnite, Gravite, and Tekton.

Vedanta Oil & Gas partners with Beicip-Franlab to accelerate hydrocarbon exploration and production in Northeast India, aiming for 300 MMboe and boosting energy security.