Bank of Baroda Q1FY24 net profit soars 88% YoY to Rs 4,070 crore; NII grows 24%
Aug 06, 2023, at 07:48 am
Public sector lender Bank of Baroda (BOB) on Saturday reported a standalone net profit of Rs 4,070 crore in Q1FY24, up 87.7 year-on-year compared to Rs 2,168 crore in the same quarter of the previous fiscal year.
Aug 06, 2023, at 02:45 am
Kolkata: IEEMA, the apex association of manufacturers of electrical, industrial electronics and allied equipment in India, has expressed willingness to partner with the West Bengal government in conducting market research to understand the current state of the electrical and electronics industry in the state.
Aug 05, 2023, at 07:40 pm
New Delhi/IBNS: During the closing ceremony of the '9th CII India-LAC Conclave', focused on enhancing South-South Cooperation, Sunil Barthwal, Secretary, Department of Commerce, Ministry of Commerce & Industry, highlighted the immense potential for expanding bilateral trade between India and Latin American & Caribbean (LAC) countries.
Centre likely to delay laptop, PC import ban for 3-4 months
Aug 05, 2023, at 05:42 am
New Delhi: The Union government is considering an extension of the implementation of import restrictions on laptops, personal computers, tablets, and server manufacturers for a period of three to four months, media reports said.
Unstoppable India: S&P global projects $6.7 trillion economy by 2031
Aug 05, 2023, at 04:54 am
In a promising projection, S&P Global, the renowned US-based credit ratings agency, foresees India’s economy expanding at an impressive annual growth rate of 6.7% from fiscal year 2024 to 2031.
Biocon Biologics announces major leadership changes
Aug 05, 2023, at 04:34 am
Mumbai: Biocon Biologics Ltd made leadership changes on Friday, revealing the appointments of Rhonda Duffy as Chief Operating Officer (COO) and Sandeep Athalye as Chief Development Officer.
SBI Q1FY24 profit jumps 178% YoY to Rs 16,884 cr; NII surges 25%
Aug 05, 2023, at 03:36 am
Mumbai: State Bank of India (SBI), the largest bank in India, surpassed market expectations with a massive 178.24% year-on-year (YoY) surge in its profit for the June 2023 quarter to Rs 16,884 crore.
Reliance Industries to hold 46th AGM on August 28
Aug 05, 2023, at 02:30 am
Mumbai: Reliance Industries Ltd has announced that its 46th annual general meeting will take place on August 28, according to a notice to the stock exchanges.
Oil India Ltd gets Maharatna status; ONGC Videsh raised to Navratna
Aug 05, 2023, at 02:00 am
New Delhi: The Finance Ministry has granted its approval for elevating Oil India Ltd's status to the 'Maharatna' category.
Aug 04, 2023, at 04:41 pm
Mumbai/UNI: The BSE Sensex on Friday smartly recovered 339.23 pts to 65,580.01 in the opening session as buying was seen across the board.
IndusInd Bank and Bajaj Capital's Tiger Fintech launch cobranded credit card
Aug 04, 2023, at 04:40 am
Mumbai: IndusInd Bank and Tiger Fintech - a Bajaj Capital Group company,today announced the launch of the IndusInd Bank Tiger Credit Card, a co-branded credit card powered by Visa.
Tata's food & beverage arm to offer Kashmiri Saffron under its Himalayan brand
Aug 04, 2023, at 04:32 am
Mumbai: Tata Consumer Products (TCP) on Thursday announced its entry into the premium Kashmiri saffron category under its provenance brand- Himalayan.
Aug 04, 2023, at 03:37 am
Mumbai: Honeywell on Thursday announced that Saudi Arabia-based appliance manufacturer Al-Essa Industrial Company has adopted Honeywell Solstice Liquid Blowing Agent (LBA) for use in the insulation of its products, a press release said on Thursday.
Adani Enterprises Q1FY24 PAT soars 44% YoY to Rs 674 cr
Aug 04, 2023, at 02:31 am
Mumbai: Adani Enterprises on Thursday reported its financial results for the quarter ending in June 2023, revealing a consolidated net profit of Rs 674 crore, an increase of 44 percent compared to the net profit of Rs 469 crore reported in the previous fiscal year.
Nissan global EV sales surpass 1-million-unit milestone
Aug 04, 2023, at 12:37 am
Yokohama (Japan)/IBNS: Automobile major Nissan Motor Thursday announced its global sales of electric vehicles have surpassed the 1-million-unit milestone.
Adani Group's Ambuja Cements acquires Sanghi Industries for Rs 5,000 cr
Aug 03, 2023, at 11:57 pm
Mumbai: Adani Group-owned Ambuja Cements Ltd (ACL) has acquired Sanghi Industries Ltd (SIL) at an enterprise value of Rs 5,000 crore, the company said in a press release on Thursday.
India's services PMI surges to 13-year high of 62.3 in July
Aug 03, 2023, at 07:31 pm
New Delhi/UNI: India's services sector expanded at a record pace in July 2023 on the back of strong demand and new business gains.
Sensex down by over 200 points
Aug 03, 2023, at 05:04 pm
Mumbai/UNI: The BSE Sensex remained negative on Thursday too, as it dropped 232 points to open at 65,550.83 as selling pressure was witnessed in Commodities, metals, and real estate stocks.
Salesforce Ventures portfolio company A5 makes strategic expansion in Europe
Aug 03, 2023, at 03:17 pm
Pleasanton (California): A5, a Salesforce ventures portfolio company and a multi-cloud digital transformation solutions provider, announced a strategic expansion into the European zone.
Railways spent Rs 352 cr on implementation of anti-collision system Kavach so far in FY24
Aug 03, 2023, at 06:50 am
New Delhi: Indigenously developed anti-collision system 'Kavach' has so far been deployed on 1465 Route km and 121 locomotives (including Electric Multiple Unit rakes) on South Central Railway.
28% GST on online gaming: GST Council agrees to review after 6 months of implementation
Aug 03, 2023, at 05:58 am
New Delhi: Finance Minister Nirmala Sitharaman on Wednesday announced the decision to implement 28% GST on the full face value of bets placed on online games, horse racing, and casinos.
HPCL reports Rs 6,765.5 cr net profit in June qtr of FY24
Aug 03, 2023, at 03:13 am
Mumbai: Hindustan Petroleum Corporation Limited (HPCL) reported a consolidated net profit of Rs 6,765.5 crore in the first quarter of the financial year 2023-24.
Titan reports Rs 756 cr net profit in Q1FY24
Aug 03, 2023, at 02:52 am
New Delhi: Titan Company Ltd. reported a consolidated net profit of Rs 756 crore for the June quarter of FY24, down 4.3 percent compared to Rs 790 crore in the same quarter of the previous financial year.
IndiGo reports Rs 3,091 cr profit in Q1FY24; revenue from ops grows to Rs 16,683 cr
Aug 03, 2023, at 02:48 am
Gurugram: InterGlobe Aviation, the parent company of IndiGo, reported a notable turnaround in its financial performance for the quarter ending June 2023.
Indian Rupee down 32 paise against USD
Aug 02, 2023, at 10:35 pm
Mumbai: The Indian Rupee on Wednesday plummeted 32 paise to close negative at 82.59 against the USD on rising demand for US Dollar by bankers and importers along with sliding equity market, dealers at the Foreign Exchange said.
Indian Market: Sensex crashes by 676.53 points
Aug 02, 2023, at 10:03 pm
Mumbai: The BSE Sensex slumped on Wednesday by 676.53 points to settle at 65,782.78 after rating agency Fitch downgraded the US credit rating to AA+ from AAA.
Honda Cars India starts production of its mid-size SUV Elevate
Aug 02, 2023, at 08:49 pm
New Delhi: Honda Cars India Ltd. (HCIL), a leading manufacturer of premium cars in India, has started the production of its new mid-size SUV, Honda Elevate.
Proven Techniques for Successfully Applying for the Best Credit Cards
Aug 02, 2023, at 07:22 pm
In a very short time, credit cards have become an intrinsic aspect of every household in India, offering liquidity in their times of need. However, successfully applying for a credit card in the Indian market requires a strategic approach. There are several parameters that credit card companies place as their eligibility criteria. Moreover, not every credit card company may be the best pick for your financial needs.
Indian Railways crosses 500 MT freight loading mark on first four months of this Financial Year
Aug 02, 2023, at 04:39 pm
New Delhi: Indian Railways crossed the mark of 500 MT freight loading on a cumulative basis in the first 4 months of this financial year (FY24), the Ministry of Railways said on Tuesday.
PVR Inox reports Rs 44.1 cr net loss in Q1FY24
Aug 02, 2023, at 04:24 pm
Mumbai: Multiplex chain PVR Inox reported a net loss of Rs 44.1 crore in the first quarter of FY24, a significant decline from the net profit of Rs 68.3 crore in the same quarter of the previous year, media reported.