Search result for 'bp'

Indian Bank Raises Lending Rate by 10 bps

March 31, 2025 21:28

Indian Bank has increased its Repo Linked Benchmark Lending Rate (RBLR) by 10 basis points to 9.05%, effective from April 3, 2025. This hike comes despite the Reserve Bank's recent repo rate cut.

Nayara Energy Appoints Deepesh Baxi as CFO

March 28, 2025 18:43

Nayara Energy, India's largest private fuel retailer, has appointed Deepesh Baxi as its new Chief Financial Officer (CFO). Baxi brings over three decades of experience in finance, strategy, and M&A.

RBI Repo Rate Cut: 25 bps in April, 75 bps in FY26 - Ind-Ra

March 27, 2025 15:55

India Ratings and Research (Ind-Ra) predicts a 25 basis points repo rate cut by RBI in April 2025, with a total reduction of 75 bps expected in FY26. Learn more about the expected monetary policy...

S&P Cuts India's FY26 GDP Growth to 6.5% | Latest News

March 25, 2025 13:48

S&P Global Ratings has cut India's GDP growth forecast to 6.5% for FY26, citing rising US tariffs and a pushback on globalization. However, domestic demand is expected to remain strong in most...

FMCG Revenue to Rebound in Fiscal 2026: Crisil Ratings

March 19, 2025 14:29

Crisil Ratings forecasts a mild revenue rebound of 6-8% for India's FMCG sector in Fiscal 2026, driven by a gradual recovery in urban and steady rural demand. The sector is expected to see modest...

India to be 3rd Largest Economy by 2028: Morgan Stanley

March 13, 2025 18:23

Morgan Stanley predicts India will become the world's third-largest economy by 2028, driven by robust growth and consumer demand. Learn more about India's economic outlook.

IHCL, HUL Partner for Youth Skill Development

March 13, 2025 14:25

IHCL and HUL join forces with Head Held High Foundation to empower youth through skills training, addressing the hospitality industry's talent needs.

Castrol India Stock Surges on Aramco's BP Lubricant Bid

March 6, 2025 13:55

Castrol India stock skyrocketed over 13% on news of Aramco's potential acquisition of BP's lubricant division, which operates under the Castrol brand. The move could see Castrol assets combined...

Reliance, BP to Pay USD 2.81 Billion for Gas from ONGC Block

March 4, 2025 12:53

Indian government demands USD 2.81 billion from Reliance Industries and BP for gas produced from an ONGC block, following a Delhi High Court ruling.

Indian Banks Perform Robustly in 9MFY25: Fitch

March 3, 2025 16:08

Fitch Ratings says Indian banks have performed well in the first nine months of FY25 with impaired loan ratio nearing its trough. The agency highlights improvement in key performance metrics and...

IMF Mission Begins Pakistan Loan Review, Govt Optimistic

March 3, 2025 14:41

An IMF mission has begun a review of Pakistan's USD 7 billion loan, with the government optimistic about securing a USD 1.1 billion tranche.

India's US Exports May Decline by USD 2-7 Billion in FY26 - Ind-Ra

February 28, 2025 16:17

Ind-Ra predicts a USD 2-7 billion decline in India's exports to the US in FY26 if reciprocal tariffs are implemented. The report highlights the potential impact on India's GDP growth and trade...

PNB Cuts Retail Loan Rates by 25 bps: Home, Auto Loans Cheaper

February 20, 2025 13:27

Punjab National Bank (PNB) has reduced interest rates on retail loans, including housing and auto loans, by up to 25 basis points following the RBI rate cut. The revised rates are effective from...

Reliance, BP Win Gas Migration Dispute: Court Overturns Arbitration Award

February 16, 2025 16:24

The Delhi High Court has overturned an arbitration award that held Reliance and BP responsible for gas migration from ONGC's fields, a major victory for the companies.

EIL Eyes Nuclear Expansion & Overseas Growth

February 13, 2025 11:51

Engineers India Ltd (EIL) is expanding into nuclear projects and boosting its overseas business, particularly in the Middle East and North Africa. The company is also investing in renewable energy...

Sensex, Nifty Rebound After 6-Day Slump: Inflation, Value Buying Drive Gains

February 13, 2025 10:01

Indian stock markets rallied in early trade on Thursday, driven by lower-than-expected inflation and value-buying, following a six-day slump. Sensex rose 214 points, Nifty gained 69 points.

Retail Inflation Falls to 5-Month Low in Jan: Govt Data

February 12, 2025 17:17

India's retail inflation eased to a five-month low of 4.31 percent in January, driven by lower prices of vegetables, eggs, and pulses. The decline in inflation follows a rate cut by the Reserve...

PFC Net Profit Jumps 23% to Rs 7,760 Cr in Dec Quarter

February 12, 2025 14:49

Power Finance Corporation (PFC) has reported a 23% rise in its consolidated net profit to Rs 7,759.56 crore in the December quarter, driven by higher revenues. The company's renewable energy...

BP & EIL Partner for Oil, Gas & Refining Activities

February 11, 2025 14:33

BP Plc and Engineers India Ltd have signed an MoU to collaborate on oil, gas, and refining projects, leveraging their expertise to support global operations.

India Opens Largest Oil '' Gas Bid Round: 25 Blocks on Offer

February 11, 2025 12:48

India launches its biggest oil '' gas bid round, offering 25 blocks covering 1.91 lakh sq km to boost domestic production and cut imports.

ONGC & BP Boost Mumbai High Output by 60%

February 11, 2025 09:31

ONGC partners with BP to increase Mumbai High oil and gas production by 60% over the next decade, leveraging BP's expertise in reservoir management and optimization.

ONGC & BP Partner for Oil Exploration & Trading

February 10, 2025 18:31

ONGC and BP have signed a pact to collaborate on exploration and production, trading, and other energy ventures in India and internationally. The MoU focuses on joint projects, technology sharing,...

IMF Scrutinizes Pakistan's Governance & Corruption

February 10, 2025 13:01

The IMF is reviewing Pakistan's judicial and regulatory systems as part of a USD 7 billion loan program, focusing on governance and corruption vulnerabilities.

Rupee Hits Record Low of 87.95 Against US Dollar

February 10, 2025 10:09

Indian rupee plunges to a record low of 87.95 against the US dollar in early trade, driven by a strong dollar and weak domestic equities.

ONGC's Mumbai High Sees Redemption in BP Deal

February 9, 2025 11:14

ONGC partners with BP to revitalize Mumbai High oilfield, aiming to increase production by 44% for oil and 89% for gas. BP will provide technical expertise and receive a share of revenue, reversing...

RBI Governor: Market Forces Determine Rupee Value, Not Central Bank

February 8, 2025 17:01

Reserve Bank of India Governor Sanjay Malhotra says the central bank is not concerned with daily rupee fluctuations, focusing on its long-term value. He attributes the recent depreciation to global...

RBI Not Worried About Rupee Fluctuation: Governor

February 8, 2025 13:37

RBI Governor Sanjay Malhotra says market forces decide rupee value and the central bank is not worried about daily fluctuations. The focus is on long-term value.

RBI Rate Cut Boosts Auto Demand: Two-wheelers & Entry Cars to Gain

February 7, 2025 18:27

RBI's rate cut is expected to drive demand in India's auto sector, particularly for two-wheelers and entry-level cars. Industry experts anticipate a positive impact on sales and consumer sentiment.

Rupee Recovers 15 Paise, Closes at 87.44 vs US Dollar

February 7, 2025 16:09

The Indian rupee recovered 15 paise from its all-time low against the US dollar after the Reserve Bank of India cut the repo rate by 25 basis points. The rupee closed at 87.44 on Friday.

M''M Q3 Profit Jumps 20% to Rs 3,181 Crore

February 7, 2025 14:30

Mahindra ''Mahindra Ltd's Q3 profit surged 20% to Rs 3,181 crore, driven by strong performance in auto and farm sectors. Revenue also grew by 17% to Rs 41,470 crore.

RBI Cuts Interest Rate by 25 bps: Sensex, Nifty Rise

February 7, 2025 11:47

The Reserve Bank of India (RBI) cut interest rates by 25 basis points, leading to gains in the Sensex and Nifty. The move comes after the economy slowed to its lowest pace since the pandemic.

RBI Cuts Repo Rate by 25 bps to 6.25% | Monetary Policy Highlights

February 7, 2025 11:38

The Reserve Bank of India (RBI) has cut the repo rate by 25 basis points to 6.25%, marking the first rate cut in 5 years. The central bank also projected GDP growth for FY'26 at 6.7%.

RBI Cuts Interest Rate by 25 bps to 6.25%: First Reduction in 5 Years

February 7, 2025 10:28

The Reserve Bank of India (RBI) has cut the policy repo rate by 25 basis points to 6.25 per cent, the first reduction in nearly five years. The move comes after Finance Minister Nirmala Sitharaman...

Rupee Recovers 16 Paise from All-Time Low, Trades at 87.43

February 7, 2025 09:45

The Indian rupee recovered 16 paise from its all-time low against the US dollar, trading at 87.43 ahead of the RBI's monetary policy announcement.

RBI to Cut Interest Rates on Friday? Experts Weigh In

February 6, 2025 17:42

New RBI Governor Sanjay Malhotra is expected to announce a 25-basis point cut in interest rates on Friday, marking the first reduction in nearly five years. Experts weigh in on the anticipated...

RBI to Deliberate on Interest Rate Cut: Expectations & Impact

February 5, 2025 15:23

The Reserve Bank of India (RBI) is expected to cut interest rates by 25 basis points, the first in five years, amid a stable inflation rate. Experts believe this move will boost economic growth and...

Marico Q3 Profit Up 5.2%, Revenue Rises 15.3%

January 31, 2025 16:18

Marico Ltd reports a 5.2% increase in consolidated net profit to Rs 406 crore for the December quarter, driven by strong volume growth in India and international business.

ACME Solar Q3 Profit Soars 2.5x to Rs 112 cr

January 29, 2025 12:28

ACME Solar Holdings reports a significant jump in Q3 net profit, driven by higher revenues and capacity expansions. The company's operational portfolio now stands at 2,540 MW.

Rupee Falls 12 Paise to 86.47 Against US Dollar

January 23, 2025 16:05

The Indian rupee weakened against the US dollar on Thursday due to a strengthening US dollar and foreign fund outflows, despite positive domestic equities and lower crude oil prices.

Sebi Proposes 'Sachetisation' of Mutual Funds for Financial Inclusion

January 22, 2025 18:58

SEBI proposes a 'sachetization' scheme for mutual funds, enabling small-ticket SIPs of Rs 250 to increase financial inclusion and reach low-income groups. The regulator seeks public comments on the...

J&K Bank Profit Surges 26% in Q3 FY24-25

January 20, 2025 20:46

J&K Bank reports a 26.2% jump in net profit to Rs 531 crore for the October-December quarter, driven by strong growth in Net Interest Income and other income. The bank's focus remains on...

Reliance Back on Growth Path: Catalysts for Performance

January 19, 2025 10:30

Reliance Industries Ltd is back on a growth path, with brokerages citing multiple catalysts for strong performance. Key drivers include retail, new energy, and digital.

ONGC Revenue Boost: BP Partnership to Increase Oil & Gas Production

January 9, 2025 12:42

ONGC expects a USD 10.3 billion revenue boost from increased oil and gas production at Mumbai High field, achieved through a partnership with BP Exploration (Alpha) Ltd.

ONGC Stock Surges 3% After BP Wins Mumbai High Bid

January 8, 2025 17:36

ONGC shares rallied 3% on Wednesday after BP Plc won a bid to increase production at the Mumbai High oil and gas field, leading to a significant rise in the company's market valuation.

India's GDP Growth to Slow to 6.3% in FY25: SBI Report

January 8, 2025 15:35

SBI report forecasts India's GDP growth at 6.3% in FY25, slightly lower than government's estimates, citing weak demand and subdued investments.

BP Wins Bid to Operate ONGC's Mumbai High Fields

January 8, 2025 10:19

BP Plc has been selected to operate ONGC's Mumbai High oil and gas field, promising a significant production boost. The move aims to reverse declining output at the crucial Indian field.

Exim Bank India Raises USD 1 Billion from Overseas

January 7, 2025 19:00

Exim Bank of India secured USD 1 billion from overseas investors, marking the lowest spread ever for a BBB-rated issuer in Asia. The funding will support business growth and contribute to India's...

Reliance Seeks Premium for KG-D6 Oil

December 30, 2024 15:29

Reliance Industries is seeking a premium of USD 3.5 per barrel for crude oil produced from the KG-D6 block, putting out a tender for bids from domestic refiners.

Adani Enterprises Revenue to Surge by FY27: Brokerage

December 29, 2024 13:18

Adani Enterprises' revenue is projected to reach Rs 1.5 lakh crore by FY27, driven by growth in airports, solar/wind, and copper. The company's net earnings are expected to rise by 46%.

Branded Hotels: 13-14% Growth in 2024-25 (Report)

December 26, 2024 17:08

Branded hotels in India are expected to see double-digit revenue growth in 2024-25 driven by demand surge, according to a Crisil Ratings report. Read more.

Cement Industry Eyes Growth in 2025

December 25, 2024 13:50

India's cement industry expects growth in 2025 driven by government spending on infrastructure and housing projects, despite consolidation and acquisitions in 2024.

FPI Inflows to India Drop in 2024, Rebound Expected in 2025

December 25, 2024 12:37

Foreign portfolio investor (FPI) inflows into Indian equities declined sharply in 2024 due to high valuations and geopolitical uncertainty, but a rebound is expected in 2025.

FPIs Sell Rs 976 Cr in Indian Equities This Week

December 22, 2024 10:32

Foreign Portfolio Investors (FPIs) pulled out Rs 976 crore from Indian equities this week amid a strengthening US dollar and rising bond yields, impacting investor sentiment.

Paper Manufacturers Revenue to Dip 2-3% in FY25: Crisil

December 20, 2024 15:22

Crisil predicts a 2-3% decline in paper manufacturers' revenue in FY25 due to subdued realisations and costlier raw materials. Learn more about the factors impacting the industry's performance.

Rupee Hits All-Time Low at 85.08 vs US Dollar

December 19, 2024 15:55

The Indian rupee plunged to a record low of 85.08 against the US dollar on Thursday, driven by a hawkish stance from the US Federal Reserve and a broad dollar rally.

Sensex, Nifty Slump: US Fed Rate Cut Hints at Fewer Reductions

December 19, 2024 09:57

Indian stock markets, Sensex and Nifty, plummeted after the US Federal Reserve hinted at fewer rate cuts in 2025, defying market expectations. The news sparked a sharp sell-off in Wall Street and...

Rupee Hits All-Time Low at 85.06 vs US Dollar

December 19, 2024 09:35

The Indian rupee fell to a record low of 85.06 against the US dollar in early trade on Thursday, driven by a hawkish stance from the US Federal Reserve and dollar demand from importers.

Sensex, Nifty Fall: US Fed's Decision, FII Outflows

December 18, 2024 17:20

Sensex and Nifty extend losses for the third straight session, driven by FII outflows and anticipation of the US Federal Reserve's interest rate decision.

Sensex, Nifty Fall For 3rd Day: Foreign Fund Outflows Hit Markets

December 18, 2024 16:08

Indian stock markets continued their downward trend for the third consecutive day as foreign fund outflows led to selling pressure in utility, capital goods, and metal stocks. The Sensex fell 0.62%...

Rupee Hits All-Time Low: Closes at 84.94 Against USD

December 18, 2024 15:55

The Indian rupee closed at a record low of 84.94 against the US dollar on Wednesday, driven by dollar demand, FII outflows, and weak domestic equities. Traders await cues from the US Fed on...

Indian Markets Decline: US Fed Rate Decision Impact

December 18, 2024 10:03

Sensex and Nifty decline on Wednesday due to foreign fund outflows and anticipation of the US Fed interest rate decision. Focus on Fed commentary and potential rate cut.

Indian Markets Slump: Investors Lose Rs 4.92 Lakh Cr

December 17, 2024 17:45

Indian stock markets plunged on Tuesday, wiping out Rs 4.92 lakh crore of investor wealth. Sensex tanked 1,064 points amid concerns over US Fed's policy decision and global economic uncertainty.

Gold Jewellery Consumption to Grow 14-18% in FY25: Report

December 17, 2024 17:07

Gold jewellery consumption in India is projected to grow 14-18% in FY25, driven by favorable realisations and festive demand. Icra expects organised jewellery to see a healthy YoY expansion.

Sensex, Nifty Slump Over 1% Amid Selloff: US Fed Rate Decision Weighs

December 17, 2024 16:14

Indian stock market indices Sensex and Nifty slumped over 1% on Tuesday, driven by widespread selling as investors await the US Fed's interest rate decision. Key laggards include Bharti Airtel,...

Sensex, Nifty Decline: Reliance, HDFC Bank Drag Markets Ahead of Fed Rate Decision

December 17, 2024 09:56

Indian stock markets opened lower on Tuesday, with Sensex and Nifty declining due to selling in Reliance Industries and HDFC Bank. Investors remain cautious ahead of the US Fed's interest rate...

Pakistan Cuts Key Interest Rate to 13% Amid Inflation Decline

December 16, 2024 17:43

Pakistan's central bank has reduced the key policy rate by 200 basis points to 13%, citing improvement in inflation and a surplus in the current account. The decision follows a sharp decline in...

WPI Inflation Drops to 3-Month Low: RBI Rate Cut Expected in Feb

December 16, 2024 14:57

Wholesale price inflation in India fell to 1.89% in November, driven by cheaper food items. Experts anticipate a 0.25% interest rate cut by the RBI in February.

Gold, Silver Prices Slump: Jewellers Sell Off

December 13, 2024 17:39

Gold and silver prices plummeted in India on Friday, driven by heavy selling from jewellers and stockists. Weak international markets also contributed to the decline.

PSB NPAs Decline to Decade Low: FinMin

December 12, 2024 17:57

Gross non-performing assets (NPAs) of public sector banks (PSBs) have declined to a decade low of 3.12% in September 2024, driven by government measures like the 4Rs strategy.

Sensex, Nifty Climb on US CPI Inflation, Rate Cut Bets - India Stock Market

December 12, 2024 09:59

Indian equity benchmarks Sensex and Nifty surged in early trade, driven by IT stocks and positive global cues. US CPI inflation aligning with expectations fueled bets of a 25 bps rate cut by the Fed.

FM Rebuts Rahul Gandhi on Bank Reforms: Modi Govt. Focuses on Clean, Strong System

December 11, 2024 22:03

Finance Minister Nirmala Sitharaman defends state-owned banks against Rahul Gandhi's criticism, highlighting achievements under Modi government including recapitalization, financial inclusion and...

Ghatkopar Billboard Collapse: Petrol Pump Safety Audit Ordered

December 8, 2024 10:27

Following a fatal billboard collapse at a Mumbai petrol pump, India's oil regulator has ordered a safety audit of all petrol pumps nationwide, focusing on billboards and structures.

RBI Cuts CRR: Bankers Welcome Move, Expect Lower Funding Costs

December 6, 2024 20:19

The Reserve Bank of India (RBI) has cut the cash reserve ratio (CRR) by 0.50%, leading to a decrease in the cost of funds for banks. Bankers welcome the move, stating that it will unlock funds for...

RBI Credit Policy Balances Inflation, Growth - Experts

December 6, 2024 19:01

Experts weigh in on RBI's credit policy, highlighting the balance between inflation control and growth. CRR cut seen as a positive for the economy.

RBI Cuts CRR, Experts See Growth Support

December 6, 2024 15:57

The Reserve Bank of India's credit policy kept interest rates unchanged, but cut the CRR to support growth. Experts weigh in on the implications for the economy.

RBI Policy: Markets Volatile, Repo Rate Unchanged

December 6, 2024 11:34

Indian markets reacted with volatility after the RBI kept the repo rate unchanged at 6.5% but lowered GDP growth forecast to 6.6%. The central bank also slashed the CRR to 4% to boost liquidity.

Hosiery Revenue to Grow 10-12% This Fiscal: Report

December 5, 2024 16:21

India's hosiery industry is projected to see 10-12% revenue growth in FY24, driven by rural demand revival, export boost, and improved margins. Crisil Ratings forecasts strong performance.

ICRA Predicts Revenue Growth for India Inc in Q3

December 2, 2024 19:35

ICRA expects sequential revenue growth for India Inc in Q3 FY25, driven by improved rural demand, government spending and the festive season. However, uneven urban demand and global uncertainties...

RBI to Hold Interest Rates, Moderate GDP Forecast: Experts

December 1, 2024 14:46

Experts predict RBI will keep interest rates unchanged amid rising inflation and disappointing GDP growth. The Monetary Policy Committee (MPC) is expected to moderate its growth forecast for FY2025.

ONGC Videsh Acquires Equinor Stake in Azerbaijan Oilfield

November 30, 2024 12:13

ONGC Videsh Ltd. (OVL) has completed the acquisition of Equinor's stake in the Azeri Chirag Gunashli (ACG) oilfield and Baku Tbilisi Ceyhan (BTC) pipeline for USD 60 million.

Icra Cuts Cement Industry Growth Forecast to 4-5% for FY25

November 27, 2024 14:29

Icra has revised down its cement industry volume growth forecast to 4-5% for FY25, citing sluggish construction activity. The agency previously projected 7-8% growth, but revised its outlook due to...

Gold ETFs See Record Inflow of Rs 1,961 Cr in October

November 13, 2024 17:16

Gold exchange-traded funds (ETFs) witnessed a record inflow of Rs 1,961 crore in October, driven by expectations of rising gold prices during the festive season. This surge in investment boosted...

India Inflation Hits 14-Month High: 6.2% in October

November 12, 2024 17:38

India's retail inflation surged to a 14-month high of 6.21% in October, exceeding the RBI's tolerance level due to rising food prices. This could impact the RBI's future monetary policy decisions.

PSBs Show Robust Growth in H1 FY25: FinMin

November 12, 2024 16:09

Public sector banks (PSBs) in India reported strong performance in H1 FY25, with 26% growth in net profit and 11% increase in business, according to the finance ministry.

Rupee May Depreciate 8-10% Under Trump 2.0: SBI Report

November 11, 2024 19:15

SBI report predicts an 8-10% rupee depreciation against the US dollar under Trump 2.0, citing potential for increased tariffs and H-1B restrictions. The report also analyzes the impact on FDI,...

Rupee Hits New Low: 84.37 Against US Dollar

November 8, 2024 15:58

The Indian Rupee fell to a new record low of 84.37 against the US dollar on Friday, driven by foreign fund outflows, weak domestic markets, and rising oil prices. The US Fed's interest rate cut...

Gold Price Slumps Rs 1,650, Silver Plunges Rs 2,900

November 7, 2024 18:10

Gold and silver prices fell sharply in India on Thursday, with gold dropping below Rs 80,000 per 10 grams. The decline was attributed to weak demand from local jewellers and a subdued global trend.

Rupee Hits Record Low of 84.37 Against US Dollar

November 7, 2024 16:00

The Indian rupee fell to a new all-time low of 84.37 against the US dollar on Thursday, driven by weak domestic equities, sustained foreign fund outflows, and rising crude oil prices.

HDFC Bank Raises Lending Rate by 5 bps: Impact on Loans

November 7, 2024 15:27

HDFC Bank increased its MCLR by 5 basis points on select maturities, impacting loans like auto and personal. The benchmark one-year MCLR remains at 9.45%.

Pakistan Cuts Key Policy Rate by 250 bps to 15%

November 4, 2024 19:22

Pakistan's central bank has slashed its key policy rate by 250 basis points to 15%, citing declining inflation. The move is expected to boost economic growth by making loans cheaper for businesses.

Patanjali Foods Q2 Profit Up 21% to Rs 309 Crore

October 24, 2024 23:27

Patanjali Foods Ltd reported a 21% increase in its standalone net profit to Rs 308.97 crore for the quarter ended September. The company's total income rose to Rs 8,198.52 crore during the second...

Radico Khaitan Q2 Profit Up 24.4% to Rs 80 Cr

October 24, 2024 18:14

Radico Khaitan's net profit surged 24.41% to Rs 80.66 crore in Q2 FY25, driven by premium segment growth. Revenue rose 9.5% to Rs 3,906.58 crore.

Pidilite Industries Q2 Profit Up 17.8% to Rs 540.3 cr

October 23, 2024 20:00

Pidilite Industries reports a 17.83% rise in Q2 net profit to Rs 540.30 crore, driven by benign input prices and volume growth. Revenue from operations increased by 5.16% to Rs 3,234.91 crore.

Varun Beverages Q3 Profit Surges 22% to Rs 629 Cr

October 22, 2024 15:59

Varun Beverages, PepsiCo's largest bottler, reported a 22.33% rise in Q3 profit to Rs 628.82 crore driven by volume growth and improved margins.

RBI: Rate Hikes Reduced Inflation by 1.60% Since May '22

October 21, 2024 20:18

A new RBI paper reveals that cumulative rate hikes since May 2022 have contributed to a 1.60% reduction in inflation, despite previous claims that interest rates have had no impact on growth.

Indian Apparel Exporters Forecast 9-11% Revenue Growth in FY25: ICRA

October 21, 2024 13:34

Indian apparel exporters are expected to see a 9-11% revenue growth in FY25, driven by inventory liquidation, global sourcing shift to India, and government support. ICRA highlights challenges like...

Rupee Falls 5 Paise to 84.07 vs US Dollar

October 17, 2024 15:51

The Indian rupee closed lower against the US dollar on Thursday, pressured by foreign fund outflows and a negative trend in domestic equities. The rupee traded in a narrow range between 83.99 and...

Central Bank of India Q2 Profit Surges 51% to Rs 913 Cr

October 17, 2024 14:39

Central Bank of India reported a 51% jump in profit to Rs 913 crore in the second quarter ended September 2024, driven by strong growth in net interest income and improved asset quality.

Record Office Demand in India: 80 Million Sq Ft Leasing Expected in 2024

October 16, 2024 10:49

Cushman & Wakefield forecasts record office leasing in India, with gross leasing across top eight cities likely to exceed 80 million sq ft in 2024, driven by strong demand and low vacancy rates.

HCLTech Q2 Net Profit Rises 11% to Rs 4,235 Crore

October 14, 2024 17:51

HCL Technologies reported an 11% rise in consolidated net profit to Rs 4,235 crore in Q2 FY25, driven by strong revenue growth and improved profitability. Read more.

Luggage Industry Growth to Slow in FY25: Report

October 14, 2024 16:54

Organised luggage makers' revenue growth is expected to decline 8-10% in FY25, driven by a high base and increased competition, according to a report by Crisil Ratings.

Network18 Media Q2 Loss Widens to Rs 152.3 cr | News

October 12, 2024 16:26

Network18 Media & Investments' Q2 net loss widened to Rs 152.31 crore due to investments in sports and digital assets. However, revenue from operations rose 1.6% to Rs 1,825.18 crore.

Small Finance Bank Profitability to Decline in FY25: Crisil

October 11, 2024 16:28

Crisil predicts a decline in profitability for small finance banks (SFBs) in FY25, citing lower net interest margins (NIM) and rising credit costs. SFBs are expected to diversify towards secured...

Canara Bank Raises Lending Rate by 5 bps - Consumer Loans Costlier

October 10, 2024 20:34

Canara Bank has increased its MCLR by 5 bps across various tenors, making most consumer loans more expensive. The new rates will come into effect from October 12, 2024.

Exicom Acquires Tritium for Rs 310 Cr: EV Charging Boost

October 6, 2024 18:25

Exicom, an Indian EV charging solutions firm, has acquired US-based Tritium for USD 37 million, expanding its global reach and EV charging capabilities. The acquisition includes Tritium's workforce...

RBI Likely to Keep Interest Rates Steady: Experts

October 6, 2024 13:23

Experts predict the Reserve Bank of India will keep interest rates unchanged in its upcoming monetary policy review, citing concerns over inflation and geopolitical uncertainty. Learn more about...

Tamil Nadu Garment Exports to Grow 8-10% in FY25: Crisil

October 4, 2024 16:49

Readymade garment exporters from Tamil Nadu are expected to see 8-10% revenue growth in FY25, driven by strong demand and government support. Learn more about the industry's outlook.

BP to Continue Oil & Gas Ventures with Reliance in India

October 2, 2024 12:58

BP's exclusivity with Reliance Industries has ended but the energy giant will continue to pursue oil and gas ventures with the Mukesh Ambani firm in India.

Mumbai Property Registrations Surge 12% in Jan-Sep 2024

October 1, 2024 17:32

Mumbai property registrations rose 12% to 1,05,608 units in Jan-Sep 2024, driven by strong demand and economic prosperity. Knight Frank reports steady homebuyer confidence and expects further growth.

BP to Boost India Presence After Board Meeting

September 29, 2024 14:40

BP's board held meetings in India, highlighting the company's commitment to growing its business in the country's fast-growing energy market.

Two Point O Capital Raises $6.3 Mn Funding Led by Omnivore

September 26, 2024 22:17

Climate financing platform Two Point O Capital secures $6.3 million in funding led by Omnivore, with participation from Multiply Ventures, RTP Global, GrowX and more.

Jio-bp Opens 500th EV Charging Station in India

September 26, 2024 11:53

Jio-bp, a joint venture between Reliance Industries and BP, has inaugurated its 500th EV charging station in India, marking a significant milestone in the company's efforts to accelerate EV...

bp Board Meeting in India: Reflects Confidence in Opportunities

September 25, 2024 10:15

bp plc's board meets in India, signaling commitment to growing its business in the country. The meeting highlights India's key role in global energy demand and bp's investments in gas production,...

India's Oil 'Gas Bid Round: Reliance-bp, ONGC Lead Bidders

September 23, 2024 16:17

India's largest oil and gas bid round sees Reliance-bp, ONGC, Vedanta and Sun Petrochemicals as top bidders. The round offered 28 blocks across eight sedimentary basins.

Sensex, Nifty Hit Record Highs on Foreign Fund Inflows

September 23, 2024 15:54

Indian stock indices Sensex and Nifty soared to new closing highs on Monday, driven by robust foreign fund inflows and positive global sentiment. Key gainers included Mahindra & Mahindra, SBI,...

Sensex, Nifty Hit All-Time Highs: Strong Inflows Drive Rally

September 23, 2024 09:50

Indian stock indices Sensex and Nifty surged to record highs on Monday, driven by strong foreign fund inflows and a positive global market sentiment. Key gainers included Mahindra & Mahindra,...

Sensex Hits Record High, Surpasses 84,000 on Global Rally

September 20, 2024 17:18

The Sensex closed above 84,000 for the first time, driven by a global rally and strong performance in banking stocks. Nifty also set a new record high.

Sensex Soars Above 84,000: Bank, Auto Shares Shine

September 20, 2024 16:01

The Sensex closed above 84,000 for the first time, driven by bank stocks and global market optimism. Nifty also hit a new record high. Read more.

US Fed Rate Cut, India Rate Cuts & Food Inflation: Crisil Outlook

September 19, 2024 19:52

Crisil expects India's central bank to cut rates following the US Fed's decision, but highlights food inflation concerns. Learn more about the economic outlook and potential impacts.

India to Offer 'No-Go' Areas in 10th Oil & Gas Bidding Round

September 19, 2024 17:24

India is set to offer 'no-go' areas in the 10th round of oil & gas bidding in 2025. The move comes after amendments to the Oilfields (Regulation and Development) Act of 1948 are expected to be...

Sensex Hits All-Time High After US Rate Cut

September 19, 2024 17:17

Sensex and Nifty surged to record highs on Thursday following the US Fed's rate cut. The benchmark indices closed with minor gains, with NTPC, Nestle, and Titan leading the rally.

Sensex, Nifty Hit Record Highs on US Fed Rate Cut

September 19, 2024 16:01

Indian stock markets soared to record highs on Thursday, driven by the US Fed's surprise rate cut. Sensex and Nifty reached new milestones, led by gains in banking stocks. Find out more about the...

Rupee Rises to 2-Month High at 83.66 vs US Dollar

September 19, 2024 15:57

The Indian Rupee strengthened by 10 paise to hit a two-month high of 83.66 against the US dollar on Thursday, driven by the Fed''s rate cut and strong domestic equities.

US Fed Rate Cut Impact on India: Experts Divided - News

September 19, 2024 15:37

Experts debate the impact of the US Fed's rate cut on India, with some predicting increased investment and others foreseeing a decline in equity returns and gold price surges. The Reserve Bank of...

US Fed Rate Cut Unlikely to Impact India Inflows: Economic Affairs Secretary

September 19, 2024 13:27

US Fed's 50 bps rate cut is unlikely to significantly impact foreign investments in India, says Economic Affairs Secretary Ajay Seth. The RBI will decide on interest rate cuts based on Indian...

US Fed Rate Cut: Impact on India to be Muted - CEA

September 19, 2024 13:26

The US Federal Reserve's interest rate cut will have a muted impact on India as it was largely anticipated, according to Chief Economic Advisor V Anantha Nageswaran. The rate cut is seen as...

Sensex, Nifty Hit Record Highs After Fed Rate Cut

September 19, 2024 09:58

Indian benchmark indices Sensex and Nifty surged to new highs after the US Federal Reserve cut interest rates. The move is expected to boost Indian markets and trigger further rate cuts.

IT Stocks Plunge: TCS, HCL Tech Down Over 3%

September 18, 2024 18:33

Indian IT stocks tumbled on Wednesday, with TCS and HCL Tech leading the decline. Investors are cautious ahead of the US Fed's policy rate meeting.

Sensex, Nifty Retreat on Profit Booking Ahead of US Fed

September 18, 2024 17:16

Sensex and Nifty closed lower on profit booking in IT shares ahead of the US Fed's interest rate decision. The indices hit new all-time intra-day highs before retreating.

Sensex, Nifty End Lower on IT Stocks, US Fed Decision Looms

September 18, 2024 16:00

Indian stock markets closed lower on Wednesday, dragged by IT stocks ahead of the US Fed's interest rate decision. Sensex dropped 131.43 points to 82,948.23, while Nifty declined 41 points to...

Sensex Hits Record High, Nifty Above 25,400 - US Fed Rate Decision

September 17, 2024 16:46

Sensex closes above 83,000 for the first time, driven by positive global trends ahead of the US Fed's interest rate decision. Nifty also scales fresh peak.

Sensex, Nifty Hit Record High on Rate Cut Hopes - Business News

September 17, 2024 16:00

The Sensex and Nifty closed at record highs on Tuesday, driven by optimism over a potential US Fed rate cut and positive global market trends. Read more about the market performance and key factors.

Wholesale Inflation Falls to 4-Month Low in August

September 17, 2024 15:19

India's wholesale inflation eased to 1.31% in August, driven by lower vegetable prices. However, onion and potato prices remain high. Read more about the WPI trends and their impact on the economy.

Rupee Rises 4 Paise to Close at 83.88 Against US Dollar

September 16, 2024 16:02

The Indian rupee closed higher against the US dollar on Monday, supported by weak American currency and significant foreign fund inflows. However, firm crude oil prices capped sharp gains. Read more.

BMW Group Launches Retail.NEXT in India

September 16, 2024 12:52

BMW Group introduces Retail.NEXT in India, a new concept that combines BMW, MINI, and BMW Motorrad under one roof. The initiative aims to revolutionize customer engagement through 'phygital'...

Reliance Expands Non-Food Area for Higher Margins

September 15, 2024 14:21

Reliance Retail increases non-food & general merchandise space in stores by 50% to boost margins and compete in hyper-local e-commerce.

US Fed Interest Rate Decision to Drive Market This Week

September 15, 2024 10:01

Investors are watching the US Federal Reserve's interest rate decision this week, which is expected to drive global markets, including the Indian stock market. Other key factors include...

Pakistan Cuts Interest Rates by 200 bps to 17.5%

September 12, 2024 20:41

Pakistan's central bank reduced its key policy rate by 200 basis points to 17.5%, aiming to stimulate economic growth and curb inflation. The move follows pressure for a major rate cut and a recent...

Pakistan Cuts Policy Rate to 17.5%: SBP

September 12, 2024 19:26

Pakistan's central bank has cut the policy rate by 200 basis points to 17.5% amid a reduction in inflation. The State Bank of Pakistan (SBP) made the announcement after a meeting of its Monetary...

Sensex Hits Record High, Investor Wealth Surges Rs 6.59 Lakh Cr

September 12, 2024 18:37

Indian markets surge to record highs, with the Sensex breaching 83,000, driven by investor optimism and rate-cut expectations. Investor wealth jumps Rs 6.59 lakh crore.

Sensex Hits Record High 83,000: Nifty Closes at Lifetime Peak

September 12, 2024 17:06

Indian stock market benchmarks Sensex and Nifty surged to record highs driven by a late rally in blue-chip shares, positive global sentiment, and foreign fund inflows.

Sensex Hits 83,000, Nifty at All-Time High: Market Rally

September 12, 2024 15:59

Indian stock markets soar as Sensex breaks 83,000 mark and Nifty reaches a new high, fueled by blue-chip gains, global market optimism and FII inflows.

Indian Markets Rebound: Global Rally && FIIs Inflows - Sensex Up 428 Points

September 12, 2024 09:57

Indian stock markets rebounded on Thursday, tracking global gains and foreign fund inflows. Sensex surged 428 points, driven by gains in Tata Steel, Adani Ports, and others. FIIs bought equities...

Rupee Slips 1 Paisa to 83.96 vs US Dollar - Business News

September 9, 2024 16:11

The Indian rupee weakened slightly against the US dollar on Monday, closing at 83.96. Concerns over global economic growth and a strong US dollar weighed on investor sentiments.

Vodafone Idea's Capital Raise Unlikely to Stop Market Share Erosion: Goldman Sachs

September 6, 2024 17:07

Goldman Sachs predicts Vodafone Idea's recent capital raise won't prevent market share decline, citing continued capex challenges and large AGR payments. The brokerage expects another 300 bps share...

Canara Bank Raises USD 300 Million via IFSC Unit

September 4, 2024 22:18

Canara Bank successfully raises USD 300 million through its International Financial Services Centre (IFSC) Banking Unit, boosting its financial strength and expanding its reach.

Microfinance Delinquencies to Hike NBFC-MFI Credit Cost: ICRA

September 4, 2024 15:48

ICRA reports rising delinquencies in the microfinance sector will increase NBFC-MFI credit cost to 320-340 bps in 2024-25, impacting asset quality and earnings.

ONGC Boosts Oil Production with New Well in KG Field

August 25, 2024 13:09

ONGC opens a new well in the KG-D5 block, increasing oil and natural gas production, aiming to reach peak output by 2025.

RBI Guv: Policy Easing Now Misleading, Repo Rate Unchanged

August 22, 2024 18:54

RBI Governor Shaktikanta Das voted to keep repo rate unchanged at 6.5%, citing concerns about high food inflation and slow disinflation. Two MPC members advocated for a rate cut.

Sensex, Nifty Rise on Global Market Trends - Stock Market News

August 22, 2024 10:20

Sensex and Nifty advanced on Thursday, following a firm trend in global markets. Blue-chip stocks like HDFC Bank and Infosys led the gains. Learn more about the market movements.

RBI: Food Price Moderation in August, Concerns Remain

August 19, 2024 19:25

The Reserve Bank of India (RBI) reports a decrease in cereal, pulse, and edible oil prices in August. However, the article highlights concerns about food inflation persistence and its potential...

India Retail Inflation Hits 5-Year Low in July: 3.54%

August 12, 2024 19:16

India's retail inflation fell to a five-year low of 3.54% in July, driven by lower food prices and a base effect. The CPI inflation edged up to 5.08% in June due to higher-than-expected food...

Reliance to Commission First Solar Giga-Factory in FY25

August 11, 2024 11:15

Reliance Industries plans to commission its first solar giga-factory in FY25 as part of its commitment to achieving net-zero carbon emissions by 2035. The factory will manufacture solar PV modules,...

Canara Bank Raises Lending Rate by 5 bps | Consumer Loans Costlier

August 9, 2024 18:31

Canara Bank has increased its MCLR by 5 basis points across tenors, impacting consumer loans like auto and personal loans. The new rates are effective from August 12, 2024.

Eureka Forbes Q1 Profit Surges 26.4% to Rs 32.15 Cr

August 8, 2024 21:43

Eureka Forbes Ltd reported a 26.37% increase in its consolidated net profit to Rs 32.15 crore for Q1 FY24, driven by strong growth in Water Purifier, Vacuum Cleaner, and service business. Revenue...

RBI Holds Rates, Focus on Inflation: Experts

August 8, 2024 16:36

RBI maintains status quo on repo rate, prioritizes inflation control for sustained growth. Experts weigh in on the decision and its implications for the Indian economy.

Pidilite Industries Q1 Profit Up 20.6% to Rs 571.27 Crore

August 7, 2024 19:58

Pidilite Industries reported a 20.6% rise in Q1 profit to Rs 571.27 crore, driven by easing input prices. Revenue also grew, but shares closed lower on the BSE.

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.

Marico Q1 Profit Up 8.7% to Rs 474 Cr: Volume Gains Drive Growth

August 5, 2024 20:16

Marico Ltd. reports an 8.71% rise in Q1 net profit to Rs 474 crore, driven by volume gains and gross margin expansion. Domestic revenue grew 7.38%, international revenue up 4.76%.

RBI to Keep Interest Rate Unchanged at 6.5% - Experts

August 4, 2024 14:27

Experts predict the Reserve Bank of India will maintain the key interest rate at 6.5% on Thursday, citing inflationary pressures and a need for more macroeconomic data before considering a rate...

NCLT Approves Record 269 Resolution Plans in FY24

August 2, 2024 18:20

NCLT approved 269 resolution plans in FY24, a 42% increase from the previous year. This rise is attributed to greater investor interest in stressed assets, appointment of new NCLT members, and...

Dabur India Profit Rises 8% to Rs 494.35 cr in Q1 FY25

August 1, 2024 15:40

Dabur India reported an 8.27% rise in consolidated net profit to Rs 494.35 crore in Q1 FY25 despite a challenging demand environment. The company's India FMCG business posted a volume growth of...

PNB Raises Lending Rate by 5 bps: Consumer Loans Costlier

August 1, 2024 13:15

Punjab National Bank (PNB) has increased its marginal cost of funds-based lending rate (MCLR) by 5 basis points across tenors, making most consumer loans more expensive. The new rates are effective...

Mahindra Q1 Profit Up 20% to Rs 3,283 Crore | Revenue at Rs 37,218 Crore

July 31, 2024 16:45

Mahindra & Mahindra reports a 20% rise in Q1 net profit to Rs 3,283 crore, driven by strong performance across businesses. Revenue climbs to Rs 37,218 crore.

Rupee Closes 1 Paisa Higher at 83.72 vs US Dollar

July 31, 2024 16:12

The Indian rupee closed 1 paisa higher at 83.72 against the US dollar on Wednesday, supported by positive domestic equities but offset by month-end dollar demand from importers.

Hexaware Opens New Delivery Center in Manila

July 30, 2024 21:34

Hexaware Technologies expands its presence in the Philippines with a new delivery center in Manila, leveraging local talent for digital transformation and operations solutions.

Balu Forge Q1 Net Profit Surges Over 100% to Rs 34.16 cr

July 30, 2024 17:57

Balu Forge's net profit for the April-June quarter jumped over 100% to Rs 34.16 crore, driven by higher income and increased demand for specialized engineering products.

Equitas Small Finance Bank Q1 Profit Dips to Rs 25.75 Cr

July 27, 2024 17:47

Equitas Small Finance Bank reports a decline in Q1 net profit to Rs 25.75 crore, attributed to a provision for strengthening PCR. Gross advances grew by 18% YoY.

United Breweries Q1 Profit Up 27.5% to Rs 173.8 cr

July 25, 2024 19:30

United Breweries Ltd's net profit rose 27.47% to Rs 173.80 crore in Q1 FY24, driven by volume and price mix improvements. Revenue also increased by 10.83% to Rs 5,811.28 crore.

Westlife Foodworld Profit Drops 88.7% in June Quarter

July 25, 2024 17:57

Westlife Foodworld, operator of McDonald's in West and South India, reported an 88.72% decline in net profit for the June 2024 quarter due to subdued in-store business and higher royalty costs....

Bikaji Foods Q1 Profit Up 40%, Revenue Rises 15%

July 24, 2024 20:56

Bikaji Foods International Ltd reported a 40.2% increase in its consolidated net profit to Rs 58.06 crore in Q1 FY24. Revenue from operations grew 15.24% to Rs 555.12 crore.

GCPL Invests Rs 1,000 Cr on Advertising in FY24

July 21, 2024 15:23

Godrej Consumer Products Ltd (GCPL) increased advertising spending by 47% to Rs 1,011 crore in FY24, focusing on brand building and SKU rationalization. The company also reduced its workforce and...

ONGC Acquires Equinor Stake in Azerbaijan Oilfields

July 20, 2024 14:19

ONGC Videsh Ltd (OVL) has acquired a stake in Azerbaijan's Azeri Chirag Gunashli (ACG) oilfield and the Baku Tbilisi Ceyhan (BTC) pipeline from Equinor for USD 60 million. This acquisition raises...

Ambani Wedding: Celebrities, Cricketers & Politicians Gather

July 12, 2024 19:26

Hollywood stars, Bollywood celebrities, cricketers, politicians and business tycoons from around the world attended the lavish wedding of Anant Ambani and Radhika Merchant in Mumbai.

Hexaware Opens New Office in Coimbatore for Global Clients

July 4, 2024 16:39

Hexaware Technologies opens a new office in Coimbatore to leverage the city's talent pool and serve global clients. The office will focus on data and testing skills in data modernization,...

Zydus Lifesciences Gets USFDA Approval for BP Drug

July 4, 2024 15:02

Zydus Lifesciences receives tentative USFDA approval to market generic Azilsartan Medoxomil tablets for treating high blood pressure.

Bank NPAs at 12-Year Low, May Fall Further: RBI

June 27, 2024 18:16

RBI report shows bank gross NPAs fell to a 12-year low in March 2024 and are expected to decline further to 2.5% by the end of the fiscal year.

SBI Raises Rs 10,000 Crore for Infrastructure

June 26, 2024 13:59

State Bank of India (SBI) raises Rs 10,000 crore through infrastructure bonds, oversubscribed by four times, to fund infrastructure and affordable housing projects.

SBI Predicts 14-15% Credit Growth in FY24-25: Chairman Khara

June 17, 2024 13:21

SBI Chairman Dinesh Kumar Khara expects 14-15% loan growth in FY24-25, driven by economic growth and lending opportunities. The bank also aims for 12-13% deposit growth.

SBI Raises USD 100 Million from Bonds for Business Growth

June 14, 2024 15:33

State Bank of India (SBI) has raised USD 100 million through bond issuance to fund business growth. The bonds, with a maturity of three years, will be issued through SBI's London branch.

Indian Ship Recycling Revenue to Rise 15% in FY24

June 13, 2024 14:32

Indian ship recycling industry is expected to see revenue growth of 15% in FY24, driven by increased availability of ageing vessels and higher competitiveness.

Castrol Appoints Kedar Lele as New MD - Effective November 2024

June 11, 2024 17:47

Castrol appoints Kedar Lele as Managing Director, effective November 2024. Lele joins from Hindustan Unilever and will replace Sandeep Sangwan.

ONGC Seeks Tech Help for Mumbai High, No Stake Sale

June 11, 2024 16:21

ONGC will not sell a stake in Mumbai High, but is seeking technical help from global giants like BP to boost declining oil and gas production from the field.

India's GDP Growth at 8.2%: Economists Laud Performance

May 31, 2024 20:10

India's GDP grew 8.2% in FY24, outpacing other major economies. Economists lauded the performance, citing strong manufacturing and mining sectors.

Sebi Fines TIL Rs 2.5 Crore for Fictitious Transactions

May 31, 2024 16:19

Sebi has imposed a penalty of Rs 2.5 crore on TIL Ltd and three former officials for engaging in fictitious transactions leading to overstated sales and revenue.

Honasa Consumer Q4 Profit Rises to Rs 30.47 Cr, Sales Up 21.5% - PTI

May 23, 2024 17:53

Honasa Consumer, owner of Mamaearth and The Derma Co, reported a Q4 profit of Rs 30.47 crore, driven by a 21.5% increase in sales to Rs 471 crore. Read more.

Assam Tea Auction: 'Deckiajuli Tea' Hits Record Price - 651 Rs/kg

May 22, 2024 19:09

Assam's 'Deckiajuli Tea' sold for a record 651 Rs/kg at Guwahati Tea Auction Centre (GTAC), the highest price for the year 2024. The premium CTC tea from Sonitpur district saw a line of CTC PF...

DB Corp Q4 Profit Soars 198% to Rs 122.52 Cr | Revenue Up 16%

May 22, 2024 14:50

DB Corp reports a nearly three-fold jump in Q4 net profit to Rs 122.52 crore, driven by strong growth across verticals. Revenue increased 16.2% to Rs 617 crore. Learn more.

Arvind Fashions Q4 Profit Rises 39%, Revenue Up 3.6% - Business News

May 21, 2024 18:57

Arvind Fashions reported a 39.09% increase in consolidated net profit to Rs 39.67 crore for the March quarter, with revenue up 3.66% to Rs 1,093.85 crore. Read more.

ICRA Forecasts India's GDP Growth at 6.7% in Q4, 7.8% in FY24

May 21, 2024 13:23

ICRA predicts India's GDP growth to moderate to 6.7% in Q4 FY2024 and 7.8% for FY24, citing factors like lower volume growth and subdued commodity prices. The report also highlights investment...

Patanjali Drug Manufacturing Licenses Suspended: Interim Stay Granted

May 17, 2024 19:42

A court has issued an interim stay on the suspension of manufacturing licences for 14 Patanjali drugs, following a preliminary inquiry report that found the suspension order to be illegal.

SBI Hikes FD Rates: Up to 75 bps on Short-Term Maturity

May 16, 2024 10:18

State Bank of India (SBI) has increased fixed deposit rates for select short-term maturities up to 75 basis points. The move is likely to be followed by other lenders.

India Tyre Market: Moderate Growth of 4-6% Expected in FY25 | Icra

May 9, 2024 16:08

Icra forecasts a moderate growth of 4-6% in domestic tyre sales volumes for FY25, driven by healthy demand in passenger vehicle and two-wheeler segments. However, high natural rubber prices and...

Titan Shares Plunge 7%, Market Cap Drops Rs 22,527 Cr

May 6, 2024 17:24

Titan Company shares plummeted over 7% on Monday, eroding Rs 22,527.56 crore from its market valuation after disappointing March quarter earnings. Read more.

Coforge Q4 Profit Soars 95% to Rs 223.7 Cr - Business News

May 2, 2024 18:51

Coforge reported a 94.86% rise in consolidated net profit to Rs 223.7 crore for Q4 FY23-24, driven by strong revenue growth. Read more about its financial performance and key highlights.

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.

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.

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.

Construction Sector Revenue Growth Forecast: ICRA

April 29, 2024 18:23

India's construction sector is expected to see strong revenue growth of 12-15% in FY2024, driven by government infrastructure spending. ICRA forecasts a stable outlook for the sector with healthy...

Aurum PropTech Net Loss Widens, Revenue Up 68% in FY24

April 29, 2024 17:49

Aurum PropTech Ltd reported a consolidated net loss of Rs 55.75 crore in FY24 despite a 68% increase in revenue to Rs 233 crore. The company attributes the loss to increased expenses.

Company Name
Price
Volume

Vodafone Idea L
8.10 (+ 18.94)
352105814

GTL Infrastructure
1.50 (+ 7.14)
20982285

G G Engineering
0.90 (+ 11.11)
20091512

AvanceTechnologies
0.54 ( -8.47)
18780688

YES Bank Ltd.
17.33 (+ 2.61)
14468025

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Search result for 'bp'

Indian Bank Raises Lending Rate by 10 bps

Nayara Energy Appoints Deepesh Baxi as CFO

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BP Wins Bid to Operate ONGC's Mumbai High Fields

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