Tata Consumer Products Q4FY24 profit down by 19% YoY to Rs 217 cr
Mumbai: Tata Consumer Products Ltd, the company behind Tetley tea and Ching's Secret noodles, recorded a net profit (attributable to owners) of Rs 217 crore in the fourth quarter of FY24, marking a 19 percent decline from Rs 269 crore in the corresponding period last year.
PayU gets RBI's in-principle approval to operate as Payment Aggregator
Mumbai: After a wait of nearly 15 months, the Reserve Bank of India (RBI) has granted initial approval to PayU, a fintech firm backed by Prosus, to operate as a Payment Aggregator (PA) and resume the process of onboarding new merchants.
Vodafone Idea's successful FPO likely to end Reliance Jio and Airtel's dominance: Report
Mumbai: Cash-strapped Vodafone Idea’s Rs 18,000 crore follow-on public offer (FPO) has been fully subscribed, giving a much-needed push to enable the telco to compete with Reliance Jio and Bharti Airtel, media reports said.
Stock market opens in green with Nifty above 22,400, Sensex near 73,900
Mumbai/IBNS: The Indian benchmark indices opened in the green on Tuesday (Apr 23), following Asian peers higher as investors' focus shifted to companies results for the quarter (Q4) ended March 31.
Stock market opens in the green with Nifty above 22,250
Mumbai/IBNS: The Indian benchmark indices opened in the green on Monday (Apr 22) with Nifty above 22,250 and Sensex near 73,500, as investors shifted focus from the easing tensions between Israel and Iran to the company earnings.
IRDAI removes health insurance age limit, makes big changes in pre-existing disease policies
New Delhi: The Insurance Regulatory and Development Authority of India (IRDAI) has ended the age limit, effective April 1, 2024, for buying health insurance policies, signalling a crucial change in India’s insurance sector.
Singapore orders recall of 'Everest Fish Curry Masala' over pesticide issue
The Singapore Food Agency (SFA) has issued a recall order for India’s ‘Everest Fish Curry Masala’ due to the presence of ethylene oxide, an unauthorized pesticide, found over acceptable limits.
HDFC Bank's net profit up 37 percent in Q4
Private sector bank HDFC Bank announced on Saturday its net profit jumped by 37.1 percent to touch Rs 16,511.85 crore for fourth quarter (January-March) of FY2023-24.
Elon Musk postpones upcoming visit to India: Reports
Tesla chief Elon Musk has postponed his scheduled visit to India, media reports said on Saturday.
Key catalysts behind Indian and global market trends: A week in retrospect
This week’s market update takes a deep dive into the dynamic landscape of both domestic and international markets, offering insights into the pulse of investor sentiment from April 13 to April 19, 2024.
Cred gets RBI's in-principle approval to operate as payment aggregator
Mumbai: Bengaluru headquartered firm Cred, a top third-party app for credit card bill settlements in India, has received in-principle approval from the Reserve Bank of India (RBI) to operate as a payment app, said media reports.
India's forex reserves contract by $5.4 billion to $643.16 billion
Mumbai: India's foreign exchange reserves decreased by $5.4 billion to reach $643.16 billion as of April 12, according to the latest data released by the Reserve Bank of India (RBI) on Friday.
Ola Cabs IPO likely on the cards to raise $500 million: Report
Mumbai: Indian ride-hailing company Ola Cabs is gearing up for an Initial Public Offering (IPO) to secure $500 million with a company valuation of approximately $5 billion, media reports said.
Wipro's headcount drops 9.5% to 2,34,054 in FY24
Mumbai: India’s fourth largest Indian IT service firm Wipro Friday said it experienced a decrease in its headcount by 9.5% during fiscal year 2024.
Wipro Q4FY24: Net profit drops 8% YoY to Rs 2,835 cr
Mumbai: IT company Wipro Ltd on Friday announced a drop of 8 percent in its net profit for the fiscal fourth quarter ending March 31, 2024, amounting to Rs 2,835 crore, surpassing expectations.