Uzbekistan wants to use Chabahar port to connect to Indian markets: Report
May 12, 2022, at 06:02 am
Uzbekistan wants to use the Chabahar port in Iran to connect to the Indian market, Furkat Sidikov, Deputy Minister of Foreign Affairs of Uzbekistan has said, media reported.
Avadh Sugar & Energy posts PAT of Rs 51 cr in Q4FY22, ethanol capacity reaches 325 KLPD
May 12, 2022, at 04:48 am
Kolkata: Avadh Sugar & Energy Limited (ASEL) (BSE: 540649 / NSE: AVADHSUGAR) posted a profit after tax (PAT) of Rs 51 crores for the quarter ended March 31, 2022.
May 12, 2022, at 04:42 am
New Delhi: Customers have to furnish PAN or Aadhaar numbers if cash withdrawals and deposits in a financial year cross Rs 20 lakh and also to open a current account or cash credit account with a bank.
Amid shortage, govt allows coal mines to increase output without feedback from locals: Report
May 12, 2022, at 01:56 am
New Delhi: The environment ministry has given a green signal to coal mines with clearances to boost output by 40 percent to increase production by up to 50 percent without seeking feedback from locals, media reports said.
ESAF Bank’s Q4 net profit rises 144 pc to Rs 105.60 cr
May 12, 2022, at 12:46 am
Kochi/IBNS: ESAF Small Finance Bank posted a 143.93 percent increase in net profit to Rs 105.60 crore for the fourth quarter ended March 31, 2022, as against a net profit of Rs 43.29 crore registered in the year-ago period.
Indian rupee moves up 9 paise against USD
May 11, 2022, at 11:15 pm
Mumbai/UNI: The Rupee continued to rise on Wednesday too, as it advanced 9 paise to close at 77.24 against the USD on selling of brisk US Dollar by bankers and exporters despite weak equity market, dealers at the Foreign Exchange said.
Grey market indicates LIC share prices could be offered at discount
May 11, 2022, at 11:13 pm
Mumbai/IBNS: The share prices of Life Insurance Corporation (LIC) have slipped below the issue price in the grey market, therefore, indicating a discounted listing, according to media reports.
Top oil PSUs sign TPA for upcoming dedicated ethanol plants
May 11, 2022, at 10:55 pm
New Delhi: The Oil Marketing Companies (OMCs) - Bharat Petroleum Corporation Limited (BPCL), Indian Oil Corporation Ltd (IOCL) and Hindustan Petroleum Corporation Limited (HPCL) have entered into a long-term purchase agreement (LTPA) for upcoming dedicated ethanol plants across India,
Indian Market: Sensex slides 276.46 points
May 11, 2022, at 09:54 pm
Mumbai: The BSE Sensex on Wednesday dropped 276.46 points to close at 54,088.39 due to weak global peers.
End of an era: Apple to discontinue IPod
May 11, 2022, at 09:41 pm
New York: Smartphone manufacturer Apple has said it will discontinue its music player, the iPod Touch, marking an end to an era of listening music.
Kalyan Jewellers' report marginal dip in Q4 FY22 PAT
May 11, 2022, at 09:37 pm
Mumbai: Jewellery retailer Kalyan Jewellers India on Wednesday reported a marginal decline in consolidated net profit for the quarter ended on March 31 at Rs 72 crores largely on the back of lower revenues.
New Range Rover Sport revealed with epic spillway climb
May 11, 2022, at 09:31 pm
Gaydon, UK: The New Range Rover Sport has made its global premiere with a dramatic world-first climb up a flooded dam spillway in Iceland.
Morgan Stanley moves down India's GDP growth for FY23 to 7.6 pc
May 11, 2022, at 09:28 pm
New Delhi: As high oil prices and geo-political tensions weigh on the global growth, Morgan Stanley has trimmed India's GDP projection for financial year 2022-23 to 7.6% from 7.9% estimated earlier.
Nothing announces key sales partnerships for phone
May 11, 2022, at 09:25 pm
London: Consumer tech company Nothing on Wednesday confirmed the first of many partnerships for its hotly anticipated smartphone phone .
May 11, 2022, at 09:18 pm
Jaipur: HOP Electric Mobility, an electric vehicle manufacturer, has closed a strategic round of USD 2.6 million as part of an ongoing USD 10 million pre-series fundraiser.
Godrej Lawkim Motors eyes 10 pc YOY growth from Hermetic Compressor Motors by FY25
May 11, 2022, at 09:03 pm
Mumbai: Godrej & Boyce, the flagship company of the Godrej Group, has said that its business Godrej Lawkim Motors is targeting a 10 percent year-on-year growth in the next three years from Hermetic Compressor Motors.
Tata Motors introduces new Nexon EV MAX at INR 17.74 lakh
May 11, 2022, at 07:03 pm
Mumbai: Committed to the rapid electrification of mobility in India, Tata Motors on Wednesday launched an extension to India’s bestselling EV in the personal mobility segment, the new Nexon EV MAX, at an attractive starting price of INR 17.74 lakh (ex-showroom All India).
May 11, 2022, at 04:36 pm
New Delhi: The government has asked all ride-hailing companies to become a convergence partner in the National Consumer Helpline, to enable better grievance redressal for consumers and also compliance with Consumer Protection Act, 2019 and E-commerce Rules, 2020.
Apr coal prodn up by 29 pc to 66.58 million ton
May 11, 2022, at 04:29 pm
New Delhi: India's total coal production increased by 29 percent to 66.58 Million Ton (MT) from 51.62 MT in April, 2021, as per the provisional statistics of the Ministry of Coal.
e-scooter fires rare but may occur in future, says Ola Electric chief Bhavish Aggarwal: Report
May 11, 2022, at 04:25 pm
Ola Electric CEO Bhavish Aggarwal hasn't ruled out more fires in electric scooters in the future while adding that such incidents are very rare, according to media reports.
Dalmia Bharat Q4FY22 profit fall 6 pc to Rs 599 cr
May 11, 2022, at 05:30 am
Mumbai: Cement manufacturer Dalmia Bharat Limited (BSE: 542216, NSE: DALBHARAT) Tuesday reported profit after tax (PAT) of Rs 599 crore for quarter ending March 30, 2022, down 6.4 percent compared to Rs 640 crore in the same period last year.
May 11, 2022, at 05:15 am
Mumbai: Larsen & Toubro on Tuesday said its water and effluent treatment business under its construction arm has secured a repeat EPC order from the water resources department of the government of Jharkhand, to execute the Masalia Ranishwar Megalift irrigation scheme on a turnkey basis.
Vodafone Idea reports net loss of Rs 6,563.1 cr in Q4FY22
May 11, 2022, at 04:05 am
Mumbai: Telecom major Vodafone Idea Tuesday announced a net loss of Rs 6,563.1 crore for the quarter ending March 30, 2022, coming down from Rs 7,022.8 crore from the same quarter last financial year.
Taj opens second property after 33 years in Kolkata, says MD & CEO of IHCL
May 11, 2022, at 02:57 am
Kolkata/IBNS: Indian Hotel Company Limited (IHCL) announced the opening of Taj City Centre located in Action Area II of New Town, Kolkata on May 7 under the partnership of Ambuja Neotia Group and IHCL.
Gadkari plans to set up 2-3 vehicle scrapping units in every dist
May 11, 2022, at 01:37 am
Union Road Transport & Highways Minister Nitin Gadkari has said he aims to create two to three vehicle scrapping centres in every district across the country, media reports said.
Tata Steel moves down 6.95 pc to Rs 1165.40
May 10, 2022, at 11:06 pm
Mumbai: Tata Steel on Tuesday tumbled down 6.95 per cent to Rs 1165.40, a major loser in 30 scrips of the BSE.
May 10, 2022, at 10:59 pm
New Delhi: Extending losses for the fourth straight session on Tuesday, the BSE Sensex slipped 105.82 points to close at 54,364.71 owing to selling in Realty, Utilities, Metal and Materials stocks.
Indian Rupee rises 13 paise against USD
May 10, 2022, at 10:54 pm
New Delhi: The Rupee on Tuesday gained 13 paise to close at 77.33 against the USD on brisk selling of the Dollar by bankers and exporters, dealers at the Foreign Exchange said.
Venky's Q4 PAT slips 26 pc to Rs 57.37 cr
May 10, 2022, at 09:29 pm
Mumbai: Poultry firm Venky's (India) on Tuesday reported a 26.35 per cent decline in net profit for the quarter ended March 31 at Rs 57.37 crore largely due to higher expenses.
May 10, 2022, at 09:27 pm
New Delhi: Capgemini has been selected by Airbus to deliver a cloud-first transformation program for its global Commercial Aircraft and Helicopters businesses.