Senco Gold Ltd Q2FY24 PAT rises 36% YoY to Rs 12 cr; revenue at highest Rs 1,158 cr
Nov 11, 2023, at 09:29 am
Kolkata: Indian jewellery retailer Senco Gold Ltd Friday reported 36% year-on-year (YoY) growth in PAT for the quarter ending September 30, 2023, reaching Rs 11.9 crore, while at H1 level the net profit rose 26% compared to the year ago period.
Annapurna Swadisht operating revenue surges by nearly 100% to Rs 131 cr in H1FY24
Nov 11, 2023, at 07:19 am
Kolkata-based food and beverages company, Annapurna Swadisht Limited (ASL), reported a significant increase in revenue and profit for H1FY24, with a near 100% surge in revenue to Rs 131.13 crore and a 128% rise in profit after tax to Rs 6.56 crore.
Commerce and Industry Minister Piyush Goyal to visit US from Nov 13-16 for IPEF ministerial meet
Nov 11, 2023, at 07:10 am
New Delhi: Commerce and Industry Minister Piyush Goyal is scheduled to visit San Francisco from November 13-16 to take part in the ministerial meeting of the Indo-Pacific Economic Framework (IPEF).
Eicher Motors Q2FY24 consolidated PAT grows 55% to Rs 1,016 cr
Nov 11, 2023, at 06:38 am
Mumbai: Eicher Motors announced an impressive 55% growth in its consolidated net profit at Rs 1,016 crore for the second quarter concluding on September 30, 2023, on the back of strong sales.
Pidilite Industries to foray into lending business
Nov 11, 2023, at 06:33 am
Mumbai: Adhesive-maker Pidilite Industries announced on November 8 its intention to venture into the lending sector, underscoring a commitment to offering credit through small retail loans.
Nov 11, 2023, at 05:07 am
New Delhi: The MSME sector has achieved a significant milestone by generating over 15 crore employment opportunities, Union Minister Narayan Rane said in a social media post.
ED attaches Hero MotoCorp Exec Chairman Pawan Munjal's property worth Rs 25 cr
Nov 11, 2023, at 04:45 am
New Delhi: The Enforcement Directorate Friday said it has confiscated the assets of Hero MotoCorp Executive Chairman Pawan Kant Munjal worth Rs 24.95 crore as part of an ongoing money laundering probe, a media report said.
Gross Direct Tax collection grows 18% YoY to Rs 12 lakh cr up to Nov 9
Nov 11, 2023, at 03:47 am
New Delhi: The Direct Tax collections up to November 9, 2023, continued to register steady growth with the Gross Direct Tax collections witnessing a 17.59% growth to Rs 12.37 lakh crore, compared to the corresponding period of last year.
NHAI accepts first Insurance Surety Bond as bid security for NHAI TOT Bid for monetisation
Nov 11, 2023, at 03:42 am
New Delhi: To boost the liquidity and capacity of bidders, NHAI has accepted an Insurance Surety Bond for the monetization program of the upcoming bid of Toll Operate Transfer (TOT) Bundle 14.
India's maiden banana shipment to Netherlands signals potential for $1 billion export boost in 5 yrs
Nov 11, 2023, at 03:37 am
New Delhi: The Agricultural and Processed Food Products Export Development Authority (APEDA), operating under the Ministry of Commerce and Industry, has facilitated the export of the first trial shipment of fresh bananas to the Netherlands, by InI Farms, via a sea route.
ONGC Q2FY24 PAT jumps 142% to Rs 16,553 cr
Nov 11, 2023, at 03:27 am
Mumbai: Oil and Natural Gas Corporation Limited (ONGC) Friday disclosed a massive 142.4 percent surge in its consolidated net profit at Rs 16,553 crore during the second quarter of the fiscal year 2023-24.
LIC Q2FY24 profit DROPS 50% to Rs 15,952 cr
Nov 11, 2023, at 03:22 am
Mumbai: Life Insurance Corporation (LIC) of India declared a 50 percent decrease in net profit, amounting to Rs 7,925 crore, for the quarter ending on September 30, 2023. This marks a massive drop from the net profit of Rs 15,952 crore reported during the corresponding period last year.
Coal India Ltd consolidated Q2FY24 PAT grows 13% YoY to Rs 6,800 cr
Nov 11, 2023, at 03:17 am
Mumbai: State-run miner Coal India Ltd Friday announced a 12.5 percent year-on-year increase in its consolidated net profit at Rs 6,800 crore for the quarter ending September 30, 2023, compared to Rs 6,043.5 crore in the same period last year.
Rupee opens steady at 83.28 against USD
Nov 10, 2023, at 04:04 pm
Mumbai/UNI: The Rupee on Friday opened on a flat note at 83.28 on selling of US Dollar by bankers and exporters, dealers at the Foreign Exchange said.
Sensex down by over 200 points
Nov 10, 2023, at 03:57 pm
Mumbai/UNI: The BSE Sensex on Friday lost another 214.49 pts at 64,617.71 as selling was seen across the board.
Bridgestone India's Indore Plant rolls out 100 millionth tyre
Nov 10, 2023, at 10:21 am
Kolkata: Bridgestone India, part of Bridgestone Corporation, on Monday said its Indore plant rolled out 100 millionth tyre, an achievement coinciding with the tyre manufacturer's silver jubilee in India.
Former Miss India and Yale University grad Aditi Arya weds Uday Kotak's son Jay Kotak
Nov 10, 2023, at 07:14 am
Mumbai: Former Miss India Aditi Arya, who also holds an MBA from Yale University, recently got married to Jay Kotak, the son of billionaire banker Uday Kotak, at the Jio Convention Centre in Mumbai. The additional celebrations took place in Udaipur, reported MoneyControl.
Hinduja Global Solutions Q2FY24 consolidated profit drops 92% to Rs 223 cr, grows 11% QoQ
Nov 10, 2023, at 05:45 am
Mumbai: Business process management company Hinduja Global Solutions declared a consolidated profit of Rs 18.4 crore in the quarter ending September 30, 2023, down approximately 92%, compared to Rs 222.88 crore in the same quarter last year.
ICICI Bank gets RBI's nod to make ICICI Securities wholly-owned subsidiary
Nov 10, 2023, at 03:41 am
Mumbai: ICICI Bank Thursday said it has received approval from the Reserve Bank of India to make ICICI Securities its wholly-owned subsidiary.
Nov 09, 2023, at 07:50 am
New Delhi: Union Commerce and Industry Minister Piyush Goyal is scheduled to meet with Tesla CEO Elon Musk in the United States next week to further the U.S. carmaker's efforts to enter the Indian market as New Delhi looks to protect its interests in the deal, Reuters reported.
Apollo Tyres Q2 net profit jumps 164% to Rs 6,280 cr
Nov 09, 2023, at 07:02 am
Gurugram: Apollo Tyres Ltd Wednesday reported a net profit of Rs 474 crores for the quarter ended September 30, 2023, up 164%, as against Rs 179 crores in the same period last fiscal.
US invests $553 million in Adani port in Sri Lanka amid growing Chinese influence
Nov 09, 2023, at 06:36 am
Colombo: U.S. International Development Finance Corporation (DFC) has announced a funding of $553 million in Colombo West International Terminal Pvt. Ltd. (CWIT) – a consortium of India's largest port operator Adani Ports and SEZ Ltd., Sri Lanka's leading enterprise John Keells Holdings (JKH) and the Sri Lanka Ports Authority.
Reliance Capital reports consolidated net loss of Rs 239 cr in Q2
Nov 09, 2023, at 05:58 am
Mumbai: Reliance Capital reported a consolidated net loss of Rs 239 crore for the quarter ending on September 30, 2023-24.
BHEL reports consolidated net loss of Rs 238 cr in Sept qtr
Nov 09, 2023, at 05:45 am
Mumbai: State-owned engineering company Bharat Heavy Electricals Ltd (BHEL) announced a consolidated net loss of Rs 238.12 crore for the September quarter of the fiscal year 2023-24.
Air India poised to restore entire 'long grounded' fleet since Tata Group took reins
Nov 09, 2023, at 05:26 am
Mumbai: Air India is set to restore its entire "long-grounded" fleet, which has been out of operation since the Tata Group took over two years ago.
India mulling 39% cut in tariff on EV imports to finalise FTA with UK: Report
Nov 09, 2023, at 05:14 am
New Delhi: India is considering a proposal to decrease import taxes on certain electric vehicles from the UK in order to finalise a free-trade agreement between the two nations by the end of this year, Bloomberg reported, citing sources.
Oil India Q2FY24 consolidated net profit falls 70% to Rs 640 cr
Nov 09, 2023, at 04:41 am
New Delhi: Oil India Limited (OIL) Wednesday reported a 70 percent decrease in its consolidated net profit compared to the same period last year, at Rs 640 crore for the second quarter of the fiscal year 2023-24.
Tesla likely to import cars from Germany in intial phase to enter Indian market: Report
Nov 09, 2023, at 04:29 am
New Delhi: Tesla will launch its entry into the Indian market with direct imports from its German Gigafactory, contrary to earlier reports that the Elon Musk-led company would manufacture cars in India, media reported.
Tata Power Company Q2FY24 consolidated net profit grows 9% to Rs 1,017 cr
Nov 09, 2023, at 03:00 am
Mumbai: Tata Power Company Ltd reported a consolidated net profit of Rs 1,017.41 crore for the second quarter of FY 24, marking 8.79 percent YoY growth over Rs 935.18 crore reported last year.
Indian Market: Sensex improves 33.21 pts
Nov 08, 2023, at 10:40 pm
The BSE Sensex on Wednesday ended positive at 64,975.61, rising 33.21 pts following gains in Asian Paints, Titan and JSW Steel.