Senco Gold Ltd reported a net profit of Rs 51.27 crore for Q1 FY24, up 85.4%. Revenue grew 7.5% YoY to Rs 1,403.89 crore. Customs duty reduction on gold impacts inventory valuation.

Jewellery stocks surged after the Indian government reduced basic customs duty on gold and silver to 6%. Senco Gold, Rajesh Exports, and PC Jeweller saw significant gains.

SAIF Partners has sold a 5.8% stake in Senco Gold for Rs 433 crore. The shares were disposed of at an average price of Rs 960.02 apiece. SAIF Partners' shareholding in Senco Gold declined to 4.97%...

Senco Gold aims for 15-20% revenue and profit growth in FY'25 despite rising gold prices. The company plans to open 15-20 new stores, with a focus on expansion in the west and south.

Malabar Gold & Diamonds, Titan, Kalyan Jewellers and more Indian brands make the global top 100 luxury goods list. Learn about their ranking and the growth of India's luxury market.

Bessemer Venture Partners sold a 13.5% stake in Medi Assist Healthcare Services for Rs 580 crore. Goldman Sachs, Morgan Stanley and Societe Generale acquired shares in the company.

India's Competition Commission of India (CCI) has approved the Ontario Teachers' Pension Plan Board's acquisition of additional unitholding in Highway Infrastructure Trust and Citrine Inclusion's...

Alia Bhatt joins L'Oreal Paris as its new global brand ambassador, representing inclusivity and empowerment for women worldwide. Discover the latest beauty campaigns featuring Alia.

THDC India signs MoU with Maharashtra to develop six pumped hydro power storage projects totaling 6,790 MW with an investment of over Rs 33,600 crore.

A female passenger assaulted a staff member at the Air India Express counter at Mumbai airport on Sunday. The passenger was handed over to the police.

Bessemer Venture Partners sold a 13.5% stake in Medi Assist Healthcare Services for Rs 580 crore. Goldman Sachs, Morgan Stanley and Societe Generale acquired shares in the company.

India's Competition Commission of India (CCI) has approved the Ontario Teachers' Pension Plan Board's acquisition of additional unitholding in Highway Infrastructure Trust and Citrine Inclusion's...

India will compete in 61 categories at the WorldSkills Competition in France, with a team of 60 aiming for a top 10 finish.

Delhi Airport operator DIAL has requested SpiceJet to clear its dues, while the airline insists there are no immediate concerns regarding payments. SpiceJet has been facing financial difficulties,...

State-owned MOIL reported a 7% increase in manganese ore production during April-August, reaching 7.24 lakh tonnes. The company attributes the growth to its focus on exploration and despite...