RIL Q2 profit nearly flat at Rs 13,656 cr, revenue up 34 pc
Oct 22, 2022, at 08:09 am
Mumbai: Mukesh Ambani-led Reliance Industries Ltd (RIL) on Friday reported almost flat consolidated net profit at Rs 13,656 crore for the quarter ending September 30, 2022 (Q2FY23).
IDBI Bank Q2FY23 PAT grows 46 pc YoY; NII jumps 48 pc
Oct 22, 2022, at 07:17 am
IDBI Bank on Friday reported a huge 46 percent year-on-year growth in standalone profit for the quarter ended September 30, despite a jump in provisions.
SBI Life Insurance registers New Business Premium of Rs 13,000 cr in Q3FY23
Oct 22, 2022, at 05:05 am
SBI Life Insurance, one of the leading life insurers in the country registered a New Business Premium of Rs 13,088 crores for the period ended on September 30, 2022 vis-a-vis Rs 10,288 crores for the period ended September 30, 2021.
Poonawalla Fincorp Q2FY23 PAT jumps 71 pc YoY to Rs 163 cr
Oct 22, 2022, at 04:51 am
Poonawalla Fincorp Ltd, a non-deposit-taking systemically important NBFC focusing on consumer and MSME finance, Friday reported its highest-ever Profit After Tax (PAT) at Rs 163 crore up 70.8 percent YoY and 15.8 percent QoQ in the quarter ended Sep 30, 2022.
Air India appoints Henry Donohoe to strengthen safety, security & quality functions
Oct 22, 2022, at 02:41 am
Tata Group-owned Air India Friday announced the appointment of Henry Donohoe as the head of safety, security, and quality functions.
SBI increases retail term deposit interest rates up to 80 bps
Oct 22, 2022, at 02:29 am
State Bank of India (SBI), the country’s largest lender has revised the retail term deposits (deposit below Rs 2.00 crore) interest rates upward (up to 80 bps), effective from October 22, 2022.
KFC India rolling out all-digital smart restaurants to speed up customer service
Oct 22, 2022, at 02:19 am
Gurgaon/IBNS: If long queues at the food ordering counter at your favourite KFC restaurant has been bothering you, then here is some good news for you.
IDBI Bank introduces Festive Offer on Fixed Deposits
Oct 21, 2022, at 11:56 pm
New Delhi: IDBI Bank has introduced a Festive Offer on its “Amrit Mahotsav” deposits.
IndusInd Bank to raise USD 150 Mn loan from DFC to support women entrepreneurs
Oct 21, 2022, at 11:52 pm
Kolkata: IndusInd Bank on Friday announced that it has executed a commitment letter with the United States International Development Finance Corporation (DFC) for a loan worth USD 150 Mn.
IT giant Infosys allows gig work, NITES condemn rider attached to it
Oct 21, 2022, at 11:43 pm
Bengaluru: National Information Technology Employees Senate (NITES) on Friday condemned India's IT major Infosys for inserting a rider into its decision to permit its employees to take up gig jobs of other organisations.
JSW Steel reports net loss of Rs 915 Cr in Q2
Oct 21, 2022, at 11:38 pm
Mumbai: JSW Steel Limited on Friday reported consolidated net loss of Rs 915 crore for the quarter ended September 30, 2022.
Indian Rupee improves 9 paise against USD
Oct 21, 2022, at 10:39 pm
Mumbai: The Rupee on Friday gained nine paise to close positive at 82.67 on selling of US Dollar by bankers and exporters, dealers at the Foreign Exchange said.
Indian Market: Sensex up 104.25 pts
Oct 21, 2022, at 10:33 pm
Mumbai: The BSE Sensex on Friday advanced 104.25 points at 59,307.15 following gains in Axis Bank, Kotak Bank and Hind Unilever stocks.
Kerala to construct 1,06,000 houses under Life Mission Phase-II
Oct 21, 2022, at 09:58 pm
Thiruvananthapuram/UNI: Kerala government has given permission to construct 1,06,000 houses under Phase-II of Life Mission, the State government's comprehensive housing security scheme for the homeless.
Indian Market: Sensex up 279 points
Oct 21, 2022, at 09:11 pm
Mumbai: The BSE Sensex on Friday rallied 279 points at 59,482.63 in opening trade as buying was seen in finance services, health care and IT stocks.
Oct 21, 2022, at 07:49 pm
Srinagar: Additional Chief Secretary (ACS), Agriculture Production Department, Atal Dulloo recently inaugurated 550 metric ton (MT) capacity Cold Storage facility at Agri Complex Lal Mandi in Jammu and Kashmir's Srinagar city.
Canara Bank's Q2FY23 net profit soars 89 pc YoY to Rs 2,525 cr; NII surges 18.5 pc
Oct 21, 2022, at 06:21 am
Public sector lender Canara Bank Thursday reported a net profit of Rs 2,525 crore in Q2FY23, up 89.42 percent against Rs 1,333 crore in the same quarter last fiscal.
India’s coal prodn to touch 900 MT this fiscal, says Union Minister Pralhad Joshi
Oct 21, 2022, at 02:35 am
New Delhi: Coal Minister Pralhad Joshi Thursday said that India’s total coal production will touch 900 million ton (MT) in FY23 and all efforts are being taken by Coal India Limited and its subsidiaries to attain this goal.
India, gulf countries to start FTA negotiations next month: Report
Oct 20, 2022, at 11:33 pm
India and Gulf Cooperation Council (GCC) will start negotiations for a Free Trade Agreement (FTA) next month, media reports said.
Dish TV India launches Watcho OTT plans to boost digital content consumption at affordable rates
Oct 20, 2022, at 11:02 pm
Kolkata/IBNS: Satellite television provider Dish TV has launched Watcho OTT plans, bundled packages of the most popular OTT platforms, including the very popular Disney Plus Hotstar, Zee5, Sony Liv, to boost its overall digital content consumption at an affordable price point.
India’s mineral output shows 4.2 pc growth in Apr- Aug period
Oct 20, 2022, at 07:38 am
India’s mineral production has recorded 4.2 percent cumulative growth during the period April- August, 2022-23 over the corresponding period of the previous year.
Russian oil: India to examine West's price cap proposal, says report
Oct 20, 2022, at 07:27 am
India has said it would examine the proposal by the United States and the European Union (EU) to put a price cap on Russian oil, Reuters reported.
CCI slaps multi-crore penalties on MakeMyTrip, GoIbibo, OYO for anti-competitive arrangement
Oct 20, 2022, at 07:19 am
New Delhi: The Competition Commission of India (CCI) has imposed monetary as well as behavioral sanctions on MMT-Go (MakeMyTrip and GoIbibo) for abusing its dominant position and also for having an anti-competitive arrangement with OYO (Oravel Stays Limited), the anti-trust watchdog said Wednesday.
Oct 20, 2022, at 04:32 am
India Post Payments Bank (IPPB) and Reserve Bank Innovation Hub (RBIH) have come together to focus their efforts on enhancing the reach of financial solutions to large sections of society across India and enabling frictionless finance to a billion Indians, the Ministry of Communications said Wednesday.
Barauni Plant of Hindustan Urvarak & Rasayan Limited (HURL) commences urea production
Oct 20, 2022, at 04:11 am
New Delhi: Barauni Plant of Hindustan Urvarak & Rasayan Limited (HURL) has commenced urea production, the Ministry of Chemicals and Fertilizers said Wednesday.
Committed to completing NDTV open offer, says Adani Group
Oct 20, 2022, at 02:36 am
Adani Group has said it is committed to completing the open offer to buy an extra 26 percent stake in NDTV, media reports said.
On transformation path, Air India eyes 3x rise in international market share
Oct 20, 2022, at 12:44 am
Air India has launched its revival plan 'Vihaan.AI' as the loss-making airline aims to own 30 percent of both the domestic and international markets, its MD and CEO Campbell Wilson has said, according to media reports.
Ola CEO Bhavish Aggarwal tore papers, punished employees: Report
Oct 20, 2022, at 12:22 am
Ola CEO Bhavish Aggarwal, who aims to be India's answer for ElonMusk with his cheap electric cars, has found himself in the midst of criticism, as a Bloomberg report said that many past and present employees have revealed his abrasive and unsparing behaviour which upset board members and managers.
Volvo XC40 Recharge: India’s first locally assembled luxury electric SUV car rolls out
Oct 20, 2022, at 12:12 am
Kolkata: Volvo Car India on Wednesday rolled out its first assembled in India luxury all-electric SUV XC40 Recharge from its Hoskote plant near Bengaluru.
Bank of India slashes home loan interest rates to 8.30 pct
Oct 19, 2022, at 10:48 pm
Mumbai: Bank of India’s Star Home Loan now comes with a best-in-class competitive interest rate starting at 8.30 percent per annum with most affordable EMI beginning at Rs.755 per lakh.