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Mumbai BMW hit-and-run case: City officials demolish parts of pub which served accused Mihir Shah alcohol | Muslim women are entitled to alimony: Supreme Court | Bengal govt's challenge to Centre over CBI probe into cases without state's consent is valid: Supreme Court | At dinner with Vladimir Putin, PM Modi makes a direct appeal to end war with Ukraine | 'Huge disappointment': Volodymyr Zelenskyy reacts to PM Modi's hug with Vladimir Putin | Won't go unavenged: India strongly reacts to Kathua terror attack killing 5 Army personnel | End Ukraine war: India's appeal to Russia at Modi-Putin dinner | Won't go unavenged: India strongly reacts to Kathua terror attack killing 5 Army personnel | US flags 'concerns' over India's ties with Russia after Modi-Putin meet in Moscow | 'I am here as your brother': Rahul Gandhi's 'peace' message for Manipur

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 .

HOP Electric Mobility raises USD 2.6 million in a strategic round of the ongoing USD 10 million pre-series fundraising

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).

Govt directs ride hailing platforms to join National Consumer Helpline for better redressal of consumer complaints

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.

L&T's construction arm bags 'significant' contracts for its Water & Effluent Treatment Business in Jharkhand

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.

Sensex drops 105.2 points

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.

Capgemini has been selected by Airbus to implement a large-scale cloud transformation program driving innovation and sustainability

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.

Indian SMEs to look for potential opportunities in Engineering Supply Chain in manufacturing and Exports

May 10, 2022, at 07:59 pm

The post pandemic economic turnaround efforts globally got a jolt due to the escalation of the past two-month old Russia-Ukraine conflict. Experts had predicted a slow economic recovery in 2022 stretching up to end of the year or beyond which inevitably throws up ‘real challenge’ on how to turn around businesses, when it is still felt that recovery would likely to be hit because of large services sector, unemployment, low investments and impact of geo-political crisis in eastern Europe.

India: Omega Healthcare plans to hire 18,000 personnel in next one year for expanding operation

May 10, 2022, at 03:58 am

Hyderabad/UNI: Omega Healthcare, provider of revenue cycle management, business process and other healthcare support services, Monday announced plans to hire 18,000 personnel in the next one year to expand its operations across the country.

LIC IPO DAY 5: Overall oversubscription 2.95 times, policyholders 6.15 times, staff 4.99 times, QIB's 2.83 times

May 10, 2022, at 12:57 am

Mumbai/IBNS: The initial public offering (IPO) of Life Insurance Corporation, an Indian Statutory insurance and investment corporation, on Day 5 received a healthy response with the offer being oversubscribed 2.95 times, receiving a high rate of participation from tier 2 and tier 3 cities, according to Moneycontrol India.

Central Bank registers Rs 310 crore profit in Q4, trims NPA

May 09, 2022, at 07:47 pm

New Delhi: State-owned Central Bank of India on Monday reported Rs 310 crore net profit in the quarter ending March, 2022 (Q4) as against loss of Rs 1,349.2 crore in the same period previous year.

Indian rupee drops by 40 paise to touch record low of 77.31 against USD

May 09, 2022, at 03:51 pm

New Delhi: The Rupee on Monday slid 40 paise to 77.31 in the opening session against the US Dollar on brisk demand for the greenback by bankers and importers, dealers at the Foreign Exchange said.

Indian Market: Sensex down 600 points

May 09, 2022, at 03:17 pm

Mumbai: The BSE Sensex on Monday tanked 680 pts at 54,155.33 in opening session as selling was seen across the board amid weak global cues.

Sitharaman points out anonymity as an 'inherent risk' in blockchain technology

May 08, 2022, at 03:16 am

Mumbai: Finance Minister Nirmala Sitharaman on Saturday said anonymity is an "inherent risk" in blockchain technology and stressed the exercise of precaution in the future with the exponential rise in the use of this technology, media reports said.

LPG cylinder rates hiked by Rs 50

May 07, 2022, at 04:32 pm

New Delhi/UNI: The price of liquified petroleum gas (LPG) was increased by Rs 50 on Saturday.