Orient Electric Ltd reported a 43.41% rise in Q2 net profit to Rs 10.44 crore, with revenue up 16.44% to Rs 660.15 crore. The growth was driven by strong performance in lighting, appliances, and fans.

Orient Electric's net profit fell 27.2% to Rs 14.34 crore in Q1 FY24, while revenue grew 6.97%. Read more on the company's performance.

Orient Electric appoints R S Negi as MD & CEO, replacing Desh Deepak Khetrapal. Negi joins from Bajaj Electricals and will be based in New Delhi.

Haryana CM Saini announced a Rs 100 crore Urban Drainage Fund, increased allocation for urban bodies, and plans for infrastructure development in the state budget.

Bajaj Finserv acquires Allianz's 26% stake in Bajaj Allianz Life and General Insurance for Rs 24,180 crore, marking the end of a 24-year partnership.

True North led a Rs 245 crore fundraising by Nivara Home Finance, with Baring PE India and promoters also participating. The investment aims to support Nivara's expansion plans and enhance its...

RBI Governor Sanjay Malhotra calls for an end to repeated KYC document requests by banks, citing inconvenience to customers. He also stresses the importance of complaint redressal and using AI for...

Mercedes-Benz India expands its luxury portfolio with the launch of the Mercedes-Maybach SL 680 Monogram Series, priced at Rs 4.2 crore (ex-showroom). The car is expected to be delivered early next...

Haryana CM Saini announced a Rs 100 crore Urban Drainage Fund, increased allocation for urban bodies, and plans for infrastructure development in the state budget.

Bajaj Finserv acquires Allianz's 26% stake in Bajaj Allianz Life and General Insurance for Rs 24,180 crore, marking the end of a 24-year partnership.

Zomato faces an insolvency plea before the NCLT due to unpaid dues from an apparel supplier, Nona Lifestyle. The NCLT has adjourned the matter to April.

Haryana government announces purchase of 1025 new buses including electric, AC, and non-AC, with plans for modern bus depots and free travel for 'Divyang' citizens.

True North led a Rs 245 crore fundraising by Nivara Home Finance, with Baring PE India and promoters also participating. The investment aims to support Nivara's expansion plans and enhance its...