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Northern Arc Capital IPO: Rs 500 Crore Fresh Issue on Sep 16

September 10, 2024 15:38

Northern Arc Capital, a leading NBFC, is set to launch its IPO on September 16, raising Rs 500 crore through a fresh issue. The IPO also includes an OFS by existing investors.

UP: New Era of Development & Investments, Says Yogi Adityanath - Ikea Invests Rs 5,500 Crore

September 9, 2024 19:00

Uttar Pradesh Chief Minister Yogi Adityanath says the state has entered a new era of development & investment, citing Ikea's Rs 5,500 crore investment in a new meeting centre in Noida. The state is...

Raymond Lifestyle to Add 900 Outlets in 3 Years - Stock Listing on Sep 5

September 3, 2024 22:12

Raymond Lifestyle will be listed on the stock exchanges on September 5 and plans to add 900 new outlets in three years. The company aims for 15% CAGR in the men's-wear wedding market.

RIL AGM: Jio Bets on AI, Eyes Revenue Doubling, Free Cloud Storage

August 29, 2024 19:47

RIL Chairman Mukesh Ambani announced Jio's AI-powered vision, including free cloud storage, revenue doubling in 3-4 years, and a possible future demerger. Learn more about Jio's AI plans and the...

RBI Allows Foreign Investors in IFSC to Invest in Sovereign Green Bonds

August 29, 2024 18:19

The Reserve Bank of India has introduced a scheme permitting foreign investors in the International Financial Services Centre (IFSC) to invest in sovereign green bonds, facilitating wider...

Reliance Aims to Double Retail Business in 3-4 Years

August 29, 2024 15:45

Reliance Retail aims to double its business in the next 3-4 years, driven by expansion into smaller towns and popular brand relaunches. Isha Ambani highlights the company's strong growth in grocery...

Sebi Receives 6,000 F''O Trading Suggestions

August 29, 2024 12:49

Sebi received 6,000 suggestions on its consultation paper on F''O trading, aimed at investor protection and market stability. The regulator is exploring AI-powered technologies for surveillance.

Sebi Chief: Industry Supports Small & Medium REIT Regulations

August 29, 2024 12:14

Sebi chief Madhabi Puri Buch says industry players welcomed regulations for small and medium REITs, aimed at increasing investor interest in fractional ownership of real estate assets.

RBI Governor Advocates for Trustworthy AI in Finance

August 28, 2024 20:12

RBI Governor Shaktikanta Das stresses on developing 'trustworthy AI' in the financial sector, addressing concerns around data privacy and ethical deployment.

Major Port Workers' Wage Revision Approved: Strike Averted

August 28, 2024 19:01

India's shipping ministry approves wage revision for major port workers, averting a strike. The new structure includes a 5-year agreement with a fitment benefit and special allowance.

Women's Work-Life Balance & Job Challenges: Report

August 24, 2024 16:01

A report reveals work-life balance, flexible work options, and family responsibilities pose major challenges for women in the workforce, impacting career progression and re-entry.

Zomato Shuts Down Intercity Legends Service

August 22, 2024 20:06

Zomato has shut down its intercity 'Legends' service after failing to find product-market fit. The service offered iconic dishes from 10 cities across India.

Tribeca Developers Sells 228 Luxury Flats in Mumbai for Rs 1,000 Cr

August 21, 2024 15:33

Tribeca Developers has sold all 228 luxury apartments in its new housing project 'The Edge' in Mumbai for over Rs 1,000 crore. The project, developed in partnership with Tejukaya Group, has...

RBI Fines BoM, Hinduja Leyland, Poonawalla Fincorp for Violations

August 16, 2024 19:40

The Reserve Bank of India (RBI) has imposed penalties on Bank of Maharashtra, Hinduja Leyland Finance, and Poonawalla Fincorp for violating regulatory directions, including Know Your Customer (KYC)...

India's Forex Reserves Drop $4.8 Billion to $670.11 Billion - RBI

August 16, 2024 17:39

India's foreign exchange reserves fell by $4.8 billion to $670.119 billion in the week ended August 9, according to the Reserve Bank of India.

NITI Aayog Calls for PMMY Loan Guidelines & E-KYC

August 16, 2024 15:44

NITI Aayog recommends guidelines and E-KYC for PMMY loan applicants to enhance creditworthiness assessment and background verification, ensuring loan sustainability and success.

Six Sense Mobility Secures Rs 6 Crore Funding from Piper Seria

August 14, 2024 21:45

Six Sense Mobility Ventures raises Rs 6 crore from Piper Seria for team expansion, production capacity, and R&D. Learn more about this funding round and other business news.

Rupee Falls 2 Paise to 83.97 vs US Dollar

August 12, 2024 15:52

Indian rupee closed lower at 83.97 against the US dollar on Monday, influenced by rising oil prices and a stronger dollar. Market participants await key economic data.

RBI Retains Growth, Inflation Projections at 7.2%, 4.5% for FY25

August 8, 2024 12:14

The Reserve Bank of India (RBI) has retained its growth and inflation projections for the current fiscal year at 7.2% and 4.5% respectively, citing a normal monsoon and improved economic activity....

GS Caltex India Appoints Vijay Savant as MD & CEO

August 5, 2024 20:48

GS Caltex India appoints Vijay Savant as MD & CEO, succeeding Rajesh Nagar. Savant joins from LG Chem with over 25 years of industry experience.

RBI Orders Banks to Check 'Wilful Default' in NPA Accounts

July 30, 2024 16:23

RBI mandates banks to scrutinize 'wilful default' in non-performing asset (NPA) accounts exceeding Rs 25 lakh, with a focus on transparency and credit information dissemination.

SAEL Group Issues USD 305 Million Green Bonds

July 26, 2024 18:16

SAEL Group has issued green bonds worth USD 305 million in international markets to expand its renewable energy portfolio, reaching 5 GW in two years. The company's business model and the renewable...

Airtel Africa Q1 Profit: USD 7 mn, Revenue Drops 16% | PTI

July 25, 2024 17:25

Airtel Africa reported a net profit of USD 7 million for Q1 FY25, down from a loss in the year-ago period. Revenue fell 16% due to currency devaluation, but the company is focused on cost...

LTIMindtree Q1 Profit Dips 1.5% on Margin Pressure

July 17, 2024 19:52

LTIMindtree's net profit fell 1.5% in Q1 as operating margins narrowed, despite revenue growth. The company expects margins to improve in coming quarters.

Canon India: Double-Digit Growth & Focus on Semiconductors

July 17, 2024 19:44

Canon sees India as a key market with double-digit growth potential. Focus on imaging, printing, semiconductors, and healthcare. New EOS R series launched.

Seeds Fincap Raises USD 8.5 Mn for Expansion

July 17, 2024 17:32

Seeds Fincap, a non-bank lender focused on small businesses, raises USD 8.5 million from Lok Capital and Matrix Partners India to expand its lending capabilities and branch network.

India's Gems & Jewelry Exports Decline 13.44% in June

July 16, 2024 16:58

India's gems and jewellery exports dropped 13.44% in June to Rs 15,939.77 crore, impacted by weak global demand, especially in China. Cut and polished diamonds saw a sharper decline, while...

Sensex, Nifty Hit All-Time Highs: Market Update

July 16, 2024 12:03

Indian stock markets continue their upward trend, with Sensex and Nifty hitting new all-time highs driven by foreign fund inflows and a positive US market. Read more.

FPIs Pump Rs 15,352 Cr into Indian Equities in July

July 14, 2024 11:17

Foreign portfolio investors (FPIs) poured Rs 15,352 crore into Indian equities in the first two weeks of July, driven by government reforms, low US interest rates, and strong domestic demand. Learn...

TCS Q1 Profit Up 8.7% to Rs 12,040 Cr: Strong Start to FY24

July 11, 2024 16:13

Tata Consultancy Services (TCS) reported an 8.7% rise in net profit to Rs 12,040 crore in Q1 FY24, driven by growth across industries and markets. CEO Krithivasan highlighted a strong start to the...

UltraTech Acquires 25% Stake in RAKWCT, Turns it into Subsidiary

July 10, 2024 23:16

UltraTech Cement has acquired an additional 25% stake in UAE-based RAKWCT, taking its total holding to 54.39%. This makes RAKWCT a subsidiary of UltraTech Cement.

FPIs Inject Rs 7,900cr in Indian Equities in July - Times of India

July 7, 2024 11:03

Foreign investors poured over Rs 7,900 crore into Indian equities in the first week of July, taking total FPI investment to Rs 1.16 lakh crore in 2024. Find out what's driving this trend and what...

Indian Economy Growth: Exports, Manufacturing & CAD Boost

June 30, 2024 19:38

Commerce Minister Goyal highlights export growth, improved CAD, & manufacturing focus as key drivers of India's economic growth.

Concorde Acquires Land for Rs 200 Cr Housing Project in Bengaluru

June 27, 2024 14:46

Concorde Realty has acquired 1.6 acres in Bengaluru to develop a premium high-rise residential complex with a GDV of Rs 200 crore. The project is located on Sarjapur road.

FPIs Pump Rs 12,170 Cr in Indian Equities in June

June 23, 2024 10:55

Foreign investors poured Rs 12,170 crore into Indian equities in June, driven by policy reform expectations and economic growth, marking a strong comeback after election results.

Neilsoft Aims to Double Revenues, Employee Base in 4 Years

June 20, 2024 21:13

Neilsoft, an engineering services and software solutions company, plans to double revenues and employee base in the next four years. The company also launched a new SaaS solution for construction...

Hospitality industry faces huge talent crunch; to add 1 million jobs in next few years: Experts

June 19, 2024 15:17

Hospitality industry faces a talent crunch, expected to add 1 million jobs in the next few years. Experts highlight the demand-supply gap and efforts to bridge it.

Dharavi Redevelopment: No Land Transfer to Adani, Only Developer Role - Sources

June 16, 2024 12:14

Sources clarify that the Dharavi redevelopment project involves no land transfer to the Adani group, but to the Maharashtra government. Adani will act as a developer, building houses for residents...

FPIs Pump Rs 11,730 Crore into Indian Equities Last Week

June 16, 2024 11:40

Foreign investors pumped Rs 11,730 crore into Indian equities last week, driven by positive signals from domestic and global markets. This follows a net outflow of Rs 14,794 crore the previous week.

Skoda Auto Volkswagen India Hits 1.5 Million Vehicle Milestone

May 27, 2024 18:52

Skoda Auto Volkswagen India celebrates manufacturing over 1.5 million vehicles at its Chakan (Pune) facility, marking a significant milestone for the company.

Range Rover, Range Rover Sport to be Made in India: Prices Drop Up to 22%

May 24, 2024 14:06

Jaguar Land Rover to start producing Range Rover and Range Rover Sport in India, leading to price reductions of up to 22%. The move aims to expand the brand's reach in the Indian market.

FPIs Pull Out Rs 28,200 Cr from Indian Equities: Election Jitters, China's Appeal

May 19, 2024 11:59

Foreign investors have withdrawn a massive Rs 28,200 crore from Indian equities this month, driven by uncertainty surrounding the general elections and attractive valuations in Chinese markets.

Signature Global Targets Rs 10,000 Cr Sales in FY25

May 16, 2024 10:30

Realty firm Signature Global aims to sell Rs 10,000 crore worth homes in FY25, up 38% from FY24, driven by strong demand. The company's sales bookings more than doubled in FY24.

RuPay Cardholders Get 25% Cashback in 7 Nations

May 15, 2024 21:33

RuPay credit and debit cardholders can enjoy 25% cashback on purchases in 7 countries including Canada, Japan, Spain, Switzerland, UAE, UK and USA. Offer valid till July 31, 2024.

Gold Futures Surge: Prices Rise to Rs 72,767/10 gm - PTI

May 15, 2024 15:00

Gold prices climbed Rs 470 to Rs 72,767 per 10 grams in futures trading on Wednesday, fueled by strong spot demand and increased speculative positions. Global gold futures also saw gains.

Allied Blenders IPO: Rs 1,500 Crore Officer's Choice Whisky Maker Gets Sebi Nod

May 14, 2024 13:12

Allied Blenders and Distillers, maker of Officer's Choice Whisky, receives Sebi approval for Rs 1,500 crore IPO. The issue comprises fresh equity and OFS by promoters.

Akshaya Tritiya Gold Rush: High Prices Don't Dampen Demand

May 10, 2024 21:07

Despite a 15-17% surge in gold prices, Akshaya Tritiya saw robust demand for gold and jewellery across India, with retailers reporting high footfall. Experts attribute the strong demand to...

Rupee Closes 1 Paisa Lower at 83.49 vs US Dollar

May 10, 2024 15:56

The Indian rupee closed at 83.49 against the US dollar on Friday, impacted by rising crude oil prices and foreign fund outflows, despite positive domestic equities.

India Hiring Up 9% in April: Production & Manufacturing Lead

May 9, 2024 18:33

Hiring in India increased by 9% in April, led by production, manufacturing, healthcare, and other sectors. Start-ups also contributed to job growth, with a 37% increase in their number.

IndiGo Announces Special Bonus for Staff | Latest News

May 2, 2024 20:11

IndiGo, India's largest airline, has announced a special bonus for its employees ahead of its fourth-quarter results. The bonus is equivalent to 1.5 months' basic salary and will be disbursed with...

Federal Bank Q4 Profit Flat at Rs 906 cr - Business News

May 2, 2024 14:42

Federal Bank reported a flat net profit of Rs 906 crore in the March 2024 quarter, while total income rose 23.42 per cent to Rs 6,732 crore.

Federal Bank Q4 Profit Flat at Rs 906 cr - PTI

May 2, 2024 14:42

Federal Bank reports flat net profit of Rs 906 crore in Q4 FY24, with total income rising 23.42% to Rs 6,732 crore. Full-year net profit grew 24% to Rs 3,721 crore.

Vikram Solar Wins 250 MW Solar Module Order from GIPCL

May 2, 2024 14:42

Vikram Solar secures a 250 MW solar module supply order from Gujarat Industries Power Company Ltd (GIPCL) under the ALMM scheme. The modules will be installed at a renewable energy park near...

Vikram Solar Wins 250 MW Solar Module Order from GIPCL

May 2, 2024 14:42

Vikram Solar has secured a 250 MW solar module supply order from Gujarat Industries Power Company Ltd (GIPCL) for a renewable energy park in Gujarat.

Rs 70,000 Cr Monetisation: 530 Lakh Sq Ft Office Space Eligible for SM-REIT

May 2, 2024 14:30

ICRA estimates 530 lakh sq ft office space eligible for SM-REIT listing, creating a Rs 67,000-71,000 crore monetisation opportunity. Learn about the new regulatory framework and potential impact on...

Rs 70,000 Crore Office Space Monetization via SM-REIT

May 2, 2024 14:30

ICRA estimates 530 lakh sq ft office space eligible for SM-REIT listing, creating a Rs 67,000-71,000 crore monetization opportunity. This comes after Sebi cleared amendments for SM REITs in 2023.

Adani Ports Q4 Net Profit Surges 77% to Rs 2,014.77 Crore

May 2, 2024 13:48

Adani Ports'' Q4 net profit jumps 77% to Rs 2,014.77 crore, driven by strong revenue growth. Read more about the company''s performance.

Adani Ports Q4 Profit Surges 77% to Rs 2,014.77 Crore

May 2, 2024 13:48

Adani Ports and Special Economic Zone Limited (APSEZ) reported a 76.87% jump in consolidated net profit to Rs 2,014.77 crore for the fourth quarter ended March 2024.

ESC Appoints Veer Sagar as Chairman: Focus on AI & Tech

May 2, 2024 13:27

The Electronics and Computer Software Export Promotion Council (ESC) has appointed IT veteran Veer Sagar as its chairman, with a focus on AI and high-end technologies to empower the Indian digital...

ESC Appoints Veer Sagar as Chairman | IT News

May 2, 2024 13:27

ESC has appointed IT veteran Veer Sagar as its chairman, with a focus on AI and high-end technologies to empower the Indian digital space. Read more.

Mahindra Sales Surge 13% in April: 70,471 Units Sold

May 2, 2024 13:13

Mahindra & Mahindra reports a 13% increase in wholesales for April 2024, reaching 70,471 units. Passenger vehicle sales rose 18%, driven by strong rural demand.

Mahindra Sales Surge 13% in April: 70,471 Units Sold

May 2, 2024 13:13

Mahindra & Mahindra's wholesales jumped 13% in April, reaching 70,471 units. Passenger vehicle sales saw an 18% rise, driven by strong rural demand and positive monsoon forecasts.

Infinity Fincorp Secures USD 8 Million Funding

May 2, 2024 13:10

Infinity Fincorp, an NBFC specializing in property loans for MSMEs, secures USD 8 million funding from Archerman Capital, bringing total funding to USD 34 million. The company aims to expand credit...

Infinity Fincorp Secures USD 8 Million Funding

May 2, 2024 13:10

Infinity Fincorp, an RBI-registered NBFC, has secured USD 8 million in funding from Archerman Capital, bringing the total funding raised to USD 34 million. The company focuses on providing tailored...

Adani Ports Cargo Volume Grows 12% in April

May 2, 2024 12:43

Adani Ports and Special Economic Zone (APSEZ) handled 36.2 million metric tonnes of cargo in April, registering a 12% YoY growth, driven by strong performance across domestic ports and cargo...

Adani Ports Handles 36.2 MMT Cargo in April - 12% Growth

May 2, 2024 12:43

Adani Ports and Special Economic Zone Ltd (APSEZ) handled 36.2 million metric tonnes (MMT) of cargo in April, registering a 12% year-on-year growth. Read more.

TBO Tek IPO: Rs 1,000 Cr Issue Opens May 8

May 2, 2024 12:29

Travel distribution firm TBO Tek aims to raise Rs 1,000 crore through its IPO, opening for subscription on May 8. The issue includes a fresh issue and an Offer-for-Sale (OFS).

TBO Tek IPO: Rs 1,000 Crore Issue Opens May 8

May 2, 2024 12:29

Travel distribution firm TBO Tek aims to raise Rs 1,000 crore via IPO, opening on May 8. The IPO comprises a fresh issue and Offer-for-Sale by promoters and investors.

Godrej Group Stock Split: Godrej Ind Down, Agrovet Up

May 2, 2024 12:00

Shares of Godrej group companies traded mixed after the founding family agreed to split the conglomerate. Godrej Industries fell nearly 9%, while Godrej Agrovet climbed over 5%.

Godrej Group Stocks Split: Godrej Ind Down, Agrovet Up

May 2, 2024 12:00

Godrej group stocks traded mixed after the founding family agreed to split the conglomerate. Godrej Industries fell nearly 9%, while Godrej Agrovet climbed over 5%.

Kotak Mahindra Bank Shares Plunge, Hit 52-Week Low

May 2, 2024 11:41

Kotak Mahindra Bank shares fell over 4% after the announcement of Joint Managing Director K V S Manian's departure, reaching a 52-week low. The decline follows recent regulatory restrictions on the...

Kotak Mahindra Bank Shares Hit 52-Week Low After Joint MD Resignation

May 2, 2024 11:41

Shares of Kotak Mahindra Bank plummeted over 4% after the announcement of Joint Managing Director K V S Manian's resignation, coinciding with recent RBI restrictions on the lender.

Godrej Group Stock Split: Mixed Trends in Early Trade

May 2, 2024 11:39

Shares of Godrej group companies saw mixed trends after the family split the conglomerate into two branches. Adi Godrej and Nadir Godrej will control five listed firms, while Jamshyd and Smita...

Godrej Group Stocks Mixed After Family Split

May 2, 2024 11:39

Godrej Group shares saw mixed trading after the family split the conglomerate into two branches. Adi & Nadir Godrej control listed firms, while Jamshyd & Smita get unlisted businesses.

India Manufacturing PMI Sees Strong Growth in April | S&P Global

May 2, 2024 11:25

India's manufacturing sector saw robust growth in April, with the PMI reaching 58.8, signaling the second-best improvement in operating conditions in three-and-a-half years. The growth was driven...

India Manufacturing PMI Sees Strong Improvement in April

May 2, 2024 11:25

India's manufacturing sector saw a strong improvement in April, with the PMI reaching 58.8, the second-best in three-and-a-half years, driven by robust demand. Learn more about the latest...

Avaada Energy Secures Rs 1,190 Crore Loan for Gujarat Solar Project

May 2, 2024 11:12

Avaada Energy has secured Rs 1,190 crore loan from SBI for a 400 MWp solar project in Gujarat. The financing will support the development of a utility-scale solar PV power project in Surendra Nagar...

Avaada Energy Secures Rs 1,190 Crore Loan for Gujarat Solar Project

May 2, 2024 11:12

Avaada Energy has secured a Rs 1,190 crore loan from SBI to develop a 400 MWp solar project in Gujarat. The project will generate power for Gujarat Urja Vikas Nigam Limited.

Kotak Mahindra Bank Shares Plunge 4%, Hit 52-Week Low

May 2, 2024 11:03

Kotak Mahindra Bank shares dropped over 4% after the announcement of joint managing director K V S Manian's resignation. The decline follows recent RBI restrictions on the lender.

Kotak Mahindra Bank Shares Plunge, Hit 52-Week Low

May 2, 2024 11:03

Kotak Mahindra Bank shares fell over 4% after the lender's joint managing director K V S Manian resigned, coinciding with RBI restrictions on the bank.

Ashok Leyland Sales Surge 10% in April | 14,271 Units Sold

May 2, 2024 10:58

Ashok Leyland reports a 10% increase in total wholesales in April, reaching 14,271 units. Domestic sales also saw growth, driven by strong performance in medium and heavy commercial vehicles.

Ashok Leyland Sales Surge 10% in April

May 2, 2024 10:58

Ashok Leyland reports a 10% increase in total wholesales in April, reaching 14,271 units. Domestic sales also saw growth, with M&HCV sales up 16%.

CAG 'Presumptive Loss' Diminishes Democracy: Subbarao

May 2, 2024 10:53

Former RBI Governor Duvvuri Subbarao criticizes CAG's approach to treating government tax concessions as 'presumptive loss', arguing it undermines democratic decision-making. He highlights the...

CAG's 'Presumptive Loss' View Diminishes Democracy: Subbarao

May 2, 2024 10:53

Former RBI Governor Duvvuri Subbarao criticizes the CAG's 'presumptive loss' assessment of government tax concessions, arguing it undermines democracy. He discusses the 2G spectrum case and the...

Sebi Bans Entities for Illegal Stock Tips via Telegram

April 30, 2024 22:48

Sebi bans two entities for one year for using a Telegram channel to give stock tips and manipulate trading. They were also ordered to disgorge unlawful gains.

IndiGo Special Needs Desk at Delhi Airport

April 30, 2024 22:36

IndiGo has launched a dedicated desk at Delhi Airport Terminal 1 to assist passengers with special needs, offering check-in support and specialized services.

Mumbai Property Registrations Rise 11% in April

April 30, 2024 22:27

Property registrations in Mumbai's municipal area rose 11% in April, reaching 11,621 units, driven by strong housing demand, according to Knight Frank.

Indus Towers Q4 Profit Surges 32% to Rs 1,853 Crore

April 30, 2024 22:01

Indus Towers reports a 32% rise in Q4 net profit to Rs 1,853 crore, driven by network expansion and increased market share. Revenue also grew 6.5% to Rs 7,193.2 crore.

Arpwood Partners Sells SBFC Finance Stake for Rs 494 Crore

April 30, 2024 21:46

Arpwood Partners has divested its entire 5.2% stake in SBFC Finance for Rs 494 crore through open market transactions. The shares were sold within the price range of Rs 88.03-88 apiece.

Air India Extends Tel Aviv Flight Suspension Till May 15

April 30, 2024 21:35

Air India has extended the suspension of flights to and from Tel Aviv until May 15 due to ongoing tensions in the Middle East. The airline is offering rescheduling and cancellation waivers for...

Sebi Cracks Down on Mutual Fund Front-Running

April 30, 2024 21:31

Sebi strengthens regulations to combat front-running and fraudulent transactions in mutual funds, requiring AMCs to establish institutional mechanisms for detection and prevention.

New Explosives Law Proposed to Replace 1884 Act

April 30, 2024 21:30

India proposes a new Explosives Bill 2024 to replace the 1884 Act, aiming to streamline licensing, increase fines, and promote ease of doing business in the sector.

Coca-Cola Earns $290M from India Bottling Divestment

April 30, 2024 20:54

Coca-Cola earned $290 million from India in Q1 2024 by refranchising its bottling operations in Rajasthan, Bihar, Northeast, and parts of West Bengal. The company also saw growth in unit case...

Sanyo Special Steel Acquires Majority Stake in SSMI: CCI Approval

April 30, 2024 20:53

Sanyo Special Steel has received CCI approval to acquire an additional 15.43% stake in Sanyo Special Steel Manufacturing India (SSMI) from Mitsui & Co., making Sanyo the sole shareholder of SSMI.

Air India Extends Tel Aviv Flight Suspension Till May 15

April 30, 2024 20:52

Air India is likely to extend the suspension of flights to and from Tel Aviv until May 15 due to ongoing tensions in the Middle East. The airline had previously suspended flights in October 2023...

BharatPe: HC Restrains Ashneer Grover on Share Transfer

April 30, 2024 20:34

Delhi High Court orders BharatPe's former MD Ashneer Grover to refrain from transferring shares given by co-founder Bhavik Koladiya. The court issued an injunction preventing Grover from creating...

India's Key Infrastructure Sectors Grow 5.2% in March

April 30, 2024 20:28

India's eight core infrastructure sectors, including oil, cement, and electricity, saw growth rise to 5.2% in March 2024, driven by improved output. Learn more about the performance of these key...

Sebi Allows Flexibility for Venture Capital Funds

April 30, 2024 20:26

Sebi provides flexibility to Venture Capital Funds (VCFs) to manage unliquidated investments beyond the scheme's tenure. The regulator also introduced a framework for NRIs, OCIs and RIs to invest...

YES Bank & ANQ Launch Co-Branded Credit Cards - Pi & Phi

April 30, 2024 20:20

YES Bank and ANQ partner to launch two co-branded credit cards, Pi and Phi, offering innovative financial solutions. The cards cater to both domestic and international purchases, leveraging digital...

India Ranks 3rd Globally for Phishing Attacks: Report

April 30, 2024 20:07

India faced over 79 million phishing attacks in 2023, ranking third globally after the US and UK. The technology sector was the most targeted, with a 33% share of attacks.

Sebi Cuts Corporate Bonds Face Value to Boost Retail Participation

April 30, 2024 19:56

Sebi lowers corporate bond face value to Rs 10,000 to attract retail investors. Also introduces framework for unit-based employee benefits in REITs and InvITs.

Agrifoodtech Funding Down 60% in India: Report

April 30, 2024 19:50

Funding for Indian agrifoodtech startups dropped 60% in 2023 to USD 940 million, driven by smaller deal sizes and lower valuations, according to AgFunder and Omnivore.

Indiabulls Real Estate Acquires Sky Forest Projects for Rs 647 cr - PTI

April 30, 2024 19:50

Indiabulls Real Estate has acquired Sky Forest Projects Pvt Ltd from Blackstone for Rs 647 crore, expanding its presence in Mumbai. The acquisition includes the 'Sky Forest' residential project in...

Mindspace REIT Q4 NOI Up 9%, Distributes Rs 283 Cr

April 30, 2024 19:46

Mindspace REIT reports 9% growth in Q4 NOI to Rs 477 cr, declaring Rs 283 cr distribution to unitholders. The company's NOI grew 12% in FY24.

Germany Aims for 1 Million Indian Overnight Stays in 2024

April 30, 2024 19:40

Germany is targeting 1 million overnight stays by Indian travelers in 2024, driven by rising interest in the country's culture, scenery, and cuisine.

IndiGo Orders 30 A350s: Exploring Financing Options & Future Growth

April 30, 2024 19:34

IndiGo CEO Pieter Elbers discusses the airline's ambitious expansion plans with the purchase of 30 A350-900 wide-body planes, focusing on financing options and future growth strategies.

Mindspace REIT Q4 NOI Up 9%, Distributes Rs 283 Cr - Business Standard

April 30, 2024 19:29

Mindspace Business Parks REIT reported a 9% rise in Q4 net operating income (NOI) to Rs 476.8 crore and declared a distribution of Rs 282.9 crore to unitholders for the March quarter.

SC Dismisses L&T's Sharavathi Power Project Plea

April 30, 2024 19:22

The Supreme Court dismissed Larsen & Toubro's plea challenging the tender for the Rs 8,000 crore Sharavathi pumped storage power project in Karnataka, upholding the Karnataka High Court's decision.

SAIL Employee Settles Insider Trading Case with Sebi - Rs 45.50 Lakh Paid

April 30, 2024 19:12

A SAIL employee has settled a case with Sebi regarding alleged insider trading activities in the company's shares, paying Rs 45.50 lakh in settlement charges. The case involved trading on...

India to Lead Offshore Mining: Official

April 30, 2024 19:12

India aims to be a leader in offshore mining, with amended legislation and auctions planned. The country is focusing on extracting minerals from the deep seabed, including poly-metallic nodules...

IvyCap Raises Rs 2,100 Crore for Fund III, Targets Indian Startups

April 30, 2024 19:09

Venture capital firm IvyCap Ventures has raised Rs 2,100 crore for its Fund III, with plans to invest in Indian startups across consumer, health, fintech, and other sectors.

Sebi Tightens Rules to Curb Front Running, Insider Trading in Mutual Funds

April 30, 2024 19:03

Sebi has amended regulations to curb front running and insider trading in mutual funds, requiring AMCs to implement an institutional mechanism for identifying and deterring market abuse.

Adani Total Gas Q4 Net Profit Up 59% | CNG Sales Surge

April 30, 2024 18:37

Adani Total Gas Ltd reported a 59% rise in Q4 net profit driven by strong CNG sales growth. Revenue also increased, with CNG sales up 20% and PNG sales up 15%.

IOC Shares Plunge 4% as Q4 Profit Halves

April 30, 2024 18:35

Indian Oil Corporation (IOC) shares dropped over 4% after the company reported a 50% decline in its March quarter net profit, attributed to losses in the petrochemical business and shrinking margins.

Wipro's New CEO Srinivas Pallia to Earn USD 6 Million Annually

April 30, 2024 18:35

Wipro's new CEO Srinivas Pallia will receive an annual remuneration of up to USD 6 million, according to a regulatory filing. Pallia's remuneration will range between USD 3.5 million to USD 6...

Havells Q4 Net Profit Jumps 24.8% to Rs 446.7 Crore

April 30, 2024 18:30

Havells India Ltd reported a 24.76% rise in consolidated net profit to Rs 446.70 crore for the March 2024 quarter. Revenue from operations grew 12% to Rs 5,442.02 crore.

India's Key Infrastructure Sectors Grow 5.2% in March

April 30, 2024 18:28

India's eight key infrastructure sectors, including coal, crude oil, and electricity, grew by 5.2% in March, according to official data. This is lower than the 7.1% growth in February but higher...

Indian Aluminum Industry Needs Rs 2.2 Lakh Crore for Net-Zero

April 30, 2024 18:17

A new study finds that India's aluminum industry requires an additional Rs 2.2 lakh crore (USD 29 billion) to reach net-zero carbon emissions by 2070. The study by CEEW highlights the need for...

ED Seizes Rs 90 Crore in Crypto Wallets: Binance, ZebPay, WazirX

April 30, 2024 18:16

The Enforcement Directorate seized Rs 90 crore in cryptocurrency wallets belonging to Binance, ZebPay, and WazirX, linked to an online gaming scam app 'E-Nugget'.

Sebi Tightens Rules to Curb Fraudulent Mutual Fund Trades

April 30, 2024 18:09

Sebi board amends mutual fund norms to strengthen surveillance and deter market abuse, including front-running and fraudulent transactions.

BP Appoints Kartikeya Dube as India Head

April 30, 2024 18:04

BP has appointed Kartikeya Dube as the new India head, replacing long-time executive Sashi Mukundan who is retiring. Dube will take on the role on July 1, 2024.

Wipro Wins Multi-Million Dollar Deal to Transform Nokia's Digital Workplace

April 30, 2024 17:53

Wipro has secured a multi-million dollar deal to revamp Nokia's digital workplace services, implementing AI-powered solutions for enhanced employee experience.

Cholamandalam Investment Q4 Profit Up 25% to Rs 1,065 Crore

April 30, 2024 17:45

Cholamandalam Investment and Finance Company reported a 24.5% rise in net profit to Rs 1,065 crore for the March quarter, driven by growth in core business. The company's total income and interest...

National Highways Construction Slows to 31 km/day in FY25: CareEdge

April 30, 2024 17:40

CareEdge Ratings forecasts a 7-10% decline in National Highways construction in FY25, citing execution challenges. The pace is expected to fall to 31 km/day from 34 km/day in FY24.

Aluminium Industry Needs Rs 2.2 Lakh Cr for Net-Zero: Study

April 30, 2024 17:38

India's aluminium sector requires a substantial Rs 2.2 lakh crore investment for achieving net-zero emissions, according to a study by CEEW. The study explores green energy solutions,...

Jana Small Finance Bank Shares Surge 20% on Strong Q4 Earnings

April 30, 2024 17:36

Jana Small Finance Bank shares jumped 20% after reporting a multi-fold increase in net profit for the March quarter. The bank's strong performance was driven by gains from a tax write-back.

Luxury Home Sales Rise 10% in Top 7 Cities - CBRE

April 30, 2024 17:32

CBRE reports a 10% increase in luxury home sales (Rs 4 crore+) in top 7 Indian cities during Q1 2024, driven by rising incomes and consumer spending.

Gold Price Slumps Rs 150, Silver Plunges Rs 750 - HDFC Securities

April 30, 2024 17:12

Gold prices in India fell by Rs 150 per 10 grams on Tuesday, extending losses for the second straight session, driven by weak global precious metal rates. Silver also plunged Rs 750 per kg.

IOC Profit Halves in Q4: Fuel Price Cut, Petchem Woes

April 30, 2024 17:06

Indian Oil Corporation (IOC) reported a 50% decline in Q4 profit due to losses in petrochemicals and shrinking margins after a pre-election fuel price cut. Learn more about IOC's financial...

IndiGrid Settles Sebi Probe on InvIT Rule Violation

April 30, 2024 16:59

IndiGrid Investment Managers has settled a Sebi probe regarding alleged violations of InvIT rules, paying Rs 23.4 lakh in settlement charges. The case involved the use of borrowed funds for...

Kamlesh Bhadani Appointed MD of SE Forge - Suzlon Energy

April 30, 2024 16:46

Suzlon Energy has appointed Kamlesh Bhadani as Managing Director of its subsidiary SE Forge. Bhadani, a veteran of the company, will take over effective May 1.

Tech Mahindra & Atento Partner for GenAI Solutions

April 30, 2024 16:45

Tech Mahindra and Atento join forces to offer generative AI-powered solutions and services for global enterprises. Discover how they're transforming customer experiences.

EFC to Manage Assets & Investments of SM-REITs

April 30, 2024 16:43

EFC (I) Ltd plans to set up an entity to manage assets and investments of Small & Medium Real Estate Investment Trusts (SM REIT). The company will acquire and manage commercial real estate...

Tata Chemicals Shares Fall 2% After Q4 Loss

April 30, 2024 16:38

Tata Chemicals shares closed over 2% lower on Tuesday after the company reported a net loss of Rs 818 crore in the fourth quarter ended March 31, 2024. The company's income also declined.

P&G Hygiene Q3 Profit Down 6.5%, Sales Up 13.5% - PTI

April 30, 2024 16:37

Procter & Gamble Hygiene and Health Care Ltd reported a 6.45% decline in profit after tax to Rs 154.37 crore in Q3 FY24, while sales rose 13.48% to Rs 1,002.17 crore.

Charge Zone Secures USD 19 Million for EV Charging Expansion

April 30, 2024 16:36

Charge Zone, an Indian EV charging company, receives USD 19 million from British International Investment to expand its network and reach 10,000 charging stations by 2027.

JNK India Shares Surge 67% on Debut

April 30, 2024 16:19

JNK India, a heating equipment maker, saw its shares skyrocket over 67% on its stock market debut, with strong demand driving the impressive performance.

Govt Wheat Procurement Surpasses Annual Demand

April 30, 2024 16:17

India's government has procured over 196 lakh tonne of wheat, exceeding its annual requirement for welfare schemes. The FCI aims to procure 310-320 lakh tonne to augment buffer stocks and control...

IvyCap Raises Rs 2,100 Cr for Fund III, Targets Indian Startups

April 30, 2024 15:55

IvyCap Ventures closes Fund III with Rs 2,100 crore, focusing on Indian startups. 90% of the fund is from domestic investors, aiming to invest over 12 years.

Asirvad Micro Finance IPO Approved by Sebi - Rs 1,500 Crore

April 30, 2024 15:44

Asirvad Micro Finance, a subsidiary of Manappuram Finance, gets Sebi's approval for its initial public offering (IPO) to raise up to Rs 1,500 crore. The IPO will be a fresh issue of equity shares...

Central Bank of India Q4 Profit Surges 41% to Rs 807 Crore

April 30, 2024 15:35

Central Bank of India's net profit jumped 41% to Rs 807 crore in Q4 FY24, driven by lower bad loans and higher interest income. The bank also announced plans to raise up to Rs 5,000 crore in capital.

BHEL Partners with HIMA for Railway Signalling Business

April 30, 2024 15:29

BHEL has entered into a strategic partnership with HIMA Middle East FZE for railway signalling business, expanding its offerings to Indian Railways.

Sebi Orders NSE to Value Linde India's Related Party Transactions

April 30, 2024 15:26

Sebi has directed the NSE to assess the value of related party transactions between Linde India and Praxair India, following complaints from shareholders regarding potential conflicts of interest.

GMR Airports Acquires Stake in WAISL for Rs 57 Crore

April 30, 2024 15:26

GMR Airports Infrastructure has acquired an 8.4% stake in WAISL, a digital infrastructure services provider at airports, for Rs 56.66 crore, strengthening its presence in airport-related businesses.

Exide Industries Q4 Profit Up 37%, Revenue at Rs 4,009 Cr

April 30, 2024 15:20

Exide Industries reported a 37% rise in profit after tax to Rs 284 crore in Q4 FY24. Revenue climbed to Rs 4,009 crore, driven by strong demand. The company also announced a final dividend of Rs 2...

India Economy to Grow Over 7% in 2024-25: NCAER

April 30, 2024 15:09

NCAER predicts Indian economy to grow over 7% in 2024-25 due to positive global outlook and good monsoon. PMI at 16-year high, UPI transactions surge.

Newgen Software Q4 Profit Up 32% to Rs 105 Cr

April 30, 2024 15:08

Newgen Software Technologies reported a 31.67% increase in consolidated net profit to Rs 105.26 crore for Q4 FY24, driven by strong growth in EMEA and India regions. Revenue rose 23.01% YoY to Rs...

IOC Net Profit Halves in Q4: Fuel Price Cuts Impact

April 30, 2024 15:05

Indian Oil Corporation (IOC) reported a 50% decline in net profit for the March quarter due to fuel price cuts and losses in the petrochemical segment.

Raintree Foundation Revives Shastri River Basin, Western Ghats

April 30, 2024 14:54

Raintree Foundation is taking on a river rejuvenation project in Maharashtra's Ratnagiri district, aiming to address water scarcity, biodiversity loss, and human-wildlife conflict in the Western...

Jaiprakash Power Ventures Reappoints Suren Jain as MD & CEO

April 30, 2024 14:53

Jaiprakash Power Ventures has reappointed Suren Jain as MD & CEO for a 5-year term, effective January 12, 2025. The company also announced reappointments for other executive roles.

DGCA Suspends Vistara Official for Pilot Training Lapses

April 30, 2024 14:36

India's aviation regulator DGCA suspends a Vistara official for lapses in pilot conversion training. The action follows an inquiry into alleged training deficiencies.

Guar Seed Futures Decline on Ample Supplies

April 30, 2024 14:21

Guar seed futures prices dropped on the National Commodity and Derivatives Exchange due to increased supply from producing regions.

REC Net Profit Surges 33% to Rs 4,079 Crore in Q4

April 30, 2024 14:19

REC Ltd reported a 33% increase in its net profit to Rs 4,079 crore in the March quarter, driven by higher income. The company's total income also rose significantly.

Guar Gum Futures Fall on Weak Demand - PTI

April 30, 2024 14:17

Guar gum futures prices dropped on Tuesday due to weak demand and ample supplies in the spot market. Read more about the decline in prices on PTI.

Sebi Orders NSE to Value Linde India Related Party Transactions

April 30, 2024 14:13

Sebi has directed the NSE to assess the value of related party transactions between Linde India and Praxair India, following shareholder complaints about potential conflicts of interest.

Coriander Futures Decline on Low Demand - PTI

April 30, 2024 14:13

Coriander prices eased in futures trade on Tuesday due to weak demand in the spot market. Speculators reduced their positions, leading to a decline of Rs 72 per quintal.

Cottonseed Oil Futures Decline on Soft Demand - PTI

April 30, 2024 14:09

Cottonseed oil cake prices fell on Tuesday due to weak demand in spot markets. Analysts attribute the decline to a sell-off by participants at existing levels.

KPI Green Energy Wins 74.3 MW Solar Project Orders

April 30, 2024 14:06

KPI Green Energy has secured new orders for 74.3 MW solar power projects, with subsidiaries Sun Drops Energia and KPark Sunbeat developing the projects.

Zinc Futures Fall on Muted Demand - PTI

April 30, 2024 14:05

Zinc prices declined by 0.46% on the Multi Commodity Exchange, driven by reduced speculator exposure and weak demand in the spot market.

Aluminium Futures Fall on Weak Demand - PTI

April 30, 2024 14:04

Aluminium prices fell 0.65% on Tuesday due to low demand from consuming industries, according to PTI.

Copper Futures Slip on Muted Demand in India

April 30, 2024 14:03

Copper futures on the Multi Commodity Exchange (MCX) fell 0.54% on Tuesday due to reduced demand in the domestic market. Speculator activity and weak spot market demand contributed to the decline.

Crude Oil Futures Rise on Spot Demand - PTI

April 30, 2024 13:52

Crude oil futures prices climbed on Tuesday due to strong spot demand, with West Texas Intermediate and Brent crude also trading higher. Read more.

Gold Futures Decline on Low Demand | MCX | PTI

April 30, 2024 13:51

Gold prices fell on the MCX due to weak global cues, profit booking, and cautious trading ahead of the FOMC meeting. Gold was trading 1.27% lower in New York.

Silver Futures Fall to Rs 81,363/kg - PTI

April 30, 2024 13:51

Silver prices declined on Tuesday to Rs 81,363 per kg on the Multi Commodity Exchange, driven by reduced bets from participants. Global silver prices also fell.

Global Gold Demand Up 3% in Q1 2024: WGC

April 30, 2024 13:44

Global gold demand rose 3% in the first quarter of 2024 to 1,238 tonnes, driven by strong OTC investment, central bank buying, and Asian demand, despite high prices.

Banks Can Boost Revenue with Generative AI: Accenture

April 30, 2024 13:30

Accenture report finds banks can increase revenue by 6% and employee productivity by 30% with generative AI. Learn how banks can leverage this technology.

India's Oil Import Bill to Rise to USD 104 Billion in FY25: ICRA

April 30, 2024 13:28

ICRA predicts India's oil import bill to reach USD 101-104 billion in FY25 due to high dependency and potential conflict escalation. Learn more about the impact on India's economy.

Raintree Foundation Rejuvenates Shastri River Basin

April 30, 2024 13:11

Raintree Foundation plans to rejuvenate the Shastri River Basin in Maharashtra, focusing on climate action and community well-being. The project aims to address water scarcity, biodiversity loss,...

Sterlite Power Wins Rs 2,500 Crore Projects in Q4

April 30, 2024 12:59

Sterlite Power secures new orders worth Rs 2,500 crore in Q4, taking its FY24 order wins to Rs 7,000 crore. The company's Global Products and Services (GPS) business is experiencing significant...

Star Health Q4 Profit Up 40% to Rs 142 Crore

April 30, 2024 12:51

Star Health and Allied Insurance reported a 40% increase in net profit to Rs 142 crore for the fourth quarter ended March 2024. The company's gross written premium also saw a significant rise.

Sanofi Launches Diabetes Drug Soliqua in India

April 30, 2024 12:38

Sanofi India has launched its diabetes drug Soliqua, a combination of insulin glargine and lixisenatide, offering a once-daily injectable treatment option for adults with type 2 diabetes.

RHI Magnesita India Appoints Azim Syed as CFO - Business News

April 30, 2024 12:37

RHI Magnesita India has appointed Azim Syed as its Chief Financial Officer and Chief Investor Relations Officer, effective May 1, 2024. Syed brings extensive experience in global supply chains and...

Granules India Gets USFDA Approval for Generic Gout Medication

April 30, 2024 11:31

Granules India receives USFDA approval to market Colchicine Capsules (0.6 mg) for gout prevention and treatment. The generic medication is therapeutically equivalent to Hikma International...

India Gold Demand Up 8% in Q1 Despite High Prices | World Gold Council

April 30, 2024 11:30

India's gold demand rose 8% in the first quarter of 2024 to 136.6 tonnes, driven by strong economic growth and rising investment demand, according to the World Gold Council.

Tata Chemicals Shares Plunge 4.50% on Q4 Loss

April 30, 2024 11:28

Tata Chemicals shares dropped 4.50% after reporting a net loss of Rs 818 crore in the fourth quarter ended March 31, 2024, driven by lower income and exceptional items.

JNK India Shares Debut with 50% Premium - Stock Market News

April 30, 2024 10:52

JNK India shares surged nearly 50% on their market debut, closing at Rs 620. The heating equipment maker's IPO was oversubscribed 28 times.

Patanjali Foods Faces GST Dues Show Cause Notice - Rs 27.46 Crore

April 30, 2024 10:29

Patanjali Foods received a show cause notice from GST intelligence department for Rs 27.46 crore input tax credit recovery. The company will defend its case.

The Executive Centre India Revenue Up 31% in 2023

April 30, 2024 09:43

The Executive Centre (TEC) saw a 31% revenue increase in India, reaching Rs 475 crore in 2023. Driven by expansion and rising demand for flexible workspaces, TEC's India business grew significantly.

Patanjali Foods Faces GST Dues: Rs 27.46 Crore Input Tax Credit Under Scrutiny

April 29, 2024 23:06

Patanjali Foods has received a show cause notice from GST intelligence for potential recovery of Rs 27.46 crore in input tax credit. The company plans to defend its case.

Jio Financial MD Appointed: Hitesh Kumar Sethia for 3 Years

April 29, 2024 22:59

Jio Financial Services has appointed Hitesh Kumar Sethia as its Managing Director and CEO for a three-year term, effective November 15, 2023. The appointment was approved by the Ministry of...

UCO Bank Q4 Profit Down 10% to Rs 526 Cr

April 29, 2024 22:40

UCO Bank's net profit declined by 10% to Rs 526 crore in Q4 FY24, while total income increased. The bank also announced a dividend after nine years. Learn more.

Bharti Airtel Issues Shares Worth Rs 246 cr to FCCB Holders

April 29, 2024 22:15

Bharti Airtel has allotted equity shares worth Rs 246 crore to its foreign debt bond holders maturing in February 2025, according to a regulatory filing.

KFin Technologies Q4 Profit Surges 31% to Rs 74 Cr

April 29, 2024 21:45

KFin Technologies reports a 31% rise in Q4 profit to Rs 74.5 crore, driven by growth across business verticals. Revenue also surged by 25%.

Racks & Rollers IPO Opens Apr 30: Rs 73-78/Share

April 29, 2024 21:25

Racks & Rollers, a storage racking system maker, is launching its IPO on April 30. The company aims to raise Rs 29.95 crore from public investors.

Tata Chemicals Q4 Loss: Rs 818 Cr, UK Business Hit

April 29, 2024 21:06

Tata Chemicals reported a net loss of Rs 818 crore in Q4 FY24 due to lower income and a Rs 963 crore exceptional loss in its UK business. Read more.

ICAI Proposes Tax Incentives for Green Energy Projects

April 29, 2024 20:50

The Institute of Chartered Accountants of India (ICAI) has proposed tax incentives for entities engaged in green projects, skill development, and education of girl child.

Sun Pharma Faces Rs 1.11 Cr Tax Demand Over Input Tax Credit

April 29, 2024 20:43

Sun Pharmaceutical Industries Ltd received a tax demand of over Rs 1.11 crore from authorities over disallowed input tax credit. The company says the order has no material impact on its operations.

Russian Firms Approved for Tanker Insurance in India

April 29, 2024 20:26

Three Russian companies get Indian government approval to provide marine insurance cover to tankers transporting Russian crude oil, facilitating continued trade amidst EU sanctions.

Megha Engineering Wins 2000MW Sharavathi Pumped Storage Project

April 29, 2024 20:07

Megha Engineering and Infrastructure has secured the 2000MW Sharavathi pumped storage project in Karnataka, a Rs 8,000 crore investment aimed at addressing the state's power crisis.

NHPC, Ocean Sun to Explore India Solar Opportunities

April 29, 2024 20:07

NHPC, India's largest hydropower developer, has partnered with Norway's Ocean Sun to explore floating solar energy technology in the domestic sector.

Telecom Industry Wants Ban on Wi-Fi 6E Routers in India

April 29, 2024 19:55

COAI, representing Reliance Jio, Airtel, and Vodafone Idea, has urged the Indian government to ban the sale of Wi-Fi 6E routers due to the 6 GHz spectrum band not being allocated yet.

Kinetic Green Appoints Debashis Mitra as President of 3W Biz

April 29, 2024 19:45

Kinetic Green Energy and Power Solutions has appointed Debashis Mitra as President of its three-wheeler business unit. Mitra will focus on strengthening the network and expanding market share.

Sebi Streamlines AIF Compliance: Direct PPM Changes Filing

April 29, 2024 19:44

Sebi allows AIFs to submit certain PPM changes directly to the regulator, reducing compliance costs and streamlining the process. Learn more about the new framework and its impact.

Shoppers Stop Q4 Net Profit Up 62.55% to Rs 23.18 Cr

April 29, 2024 19:33

Shoppers Stop reported a 62.55% rise in consolidated net profit to Rs 23.18 crore in Q4 FY24, driven by revenue growth. Learn more about the company's financial performance.

Rental Yields Up in Gurugram, Noida: Report

April 29, 2024 19:22

Rental yields in Gurugram and Noida have increased to 4.1% and 3.7%, respectively, in the latest quarter, driven by rising rental demand. See how other cities compare.

Gillette India Q3 Profit Dips 4%, Sales Up 10%

April 29, 2024 19:17

Gillette India reported a 4% decline in profit for the quarter ended March 31, 2024, but sales rose 10% driven by innovation and strong brand fundamentals.

KEC International Wins Rs 1,036 Cr Orders: India, UAE, Americas

April 29, 2024 19:08

KEC International has secured new orders worth Rs 1,036 crore across various segments, including transmission & distribution, railways and cables in India, UAE and Americas.

Indian Economy Strong: NCAER Reports Positive Trends

April 29, 2024 19:07

NCAER reports positive economic indicators in India, with strong PMI, GST collections, and UPI transactions. Above-normal monsoon forecast also bodes well.

Diffusion Engineers Files IPO Papers With Sebi

April 29, 2024 19:05

Diffusion Engineers re-files its IPO papers with Sebi, aiming to raise Rs 125-150 crore. The company will use the proceeds for expansion and a new manufacturing facility in Maharashtra.

Poonawalla Fincorp Q4 Profit Surges 67% to Rs 332 Cr

April 29, 2024 18:54

Poonawalla Fincorp's Q4 net profit skyrocketed by 67% to Rs 332 crore, driven by strong growth in interest income and AUM. Read more.

Company Name
Price
Volume

Suzlon Energy Ltd.
85.15 (+ 3.90)
514993

Vodafone Idea L
13.39 (+ 1.90)
376833

Seven Hill Industrie
1.04 (+ 4.00)
88788

Risa International L
1.26 (+ 5.00)
62436

MosChip Technologies
255.00 (+ 2.76)
51082

Centricity Raises USD 20 Million in Seed Funding

Digital wealth management platform Centricity secures USD 20 million in seed funding...

Trai & DoT Disconnect 1 Crore Mobile...

Telecom regulator Trai and DoT have disconnected over 1 crore mobile connections to...

Ola Electric Condemns Arson at Kalburgi Showroom

Ola Electric condemns arson incident at its Kalburgi showroom by a dissatisfied...

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