Rahul Kothari appointed as Razorpay's Chief Operating Officer for India and Malaysia
Nov 08, 2023, at 08:37 pm
Mumbai: Rahul Kothari, formerly the Chief Business Officer (CBO) of Razorpay, has been appointed as the Chief Operating Officer (COO) for India and Malaysia.
Shriram Capital seeks RBI nod for Asset Reconstruction Company license
Nov 08, 2023, at 08:19 pm
Mumbai: Shriram Capital has applied for an Asset Reconstruction Company (ARC) license from the Reserve Bank of India (RBI), Moneycontrol reported.
NHPC Q2FY24 standalone PAT stands at Rs 2,500 cr
Nov 08, 2023, at 06:31 am
New Delhi: NHPC, a Mini Ratna Category-I Enterprise of the Govt. of India, has registered the highest ever half-yearly standalone Profit after Tax (PAT) of Rs. 2,500 crores, against Rs. 2,483 crores for the corresponding previous half-year.
Centre approves early release of Rs 72,961 cr in tax devolution to states due to festive season
Nov 08, 2023, at 06:00 am
New Delhi: In view of the approaching festive season, the Union Government has granted approval for the disbursement of Rs 72,961.21 crore in tax devolution to State Governments for November 2023, the Ministry of Finance said on Tuesday.
'4.56% Govt Security 2023’ to be fully repaid on Nov 29
Nov 08, 2023, at 05:48 am
New Delhi: The '4.56% Government Securities 2023' will be fully repaid on November 29, 2023, without any additional interest after this date, the Ministry of Finance said in a communique on Tuesday.
National Coal Index rose by 3.83 points in Sept
Nov 08, 2023, at 05:25 am
New Delhi: The National Coal Index (NCI) rose marginally by 3.83 points to 143.91 in September 2023 after April 2023 due to the temporary rise of coal prices in global markets, the Ministry of Coal said on Tuesday.
Power Grid Corporation of India reports Q2FY24 consolidated net profit of Rs 3,781.42 cr
Nov 08, 2023, at 05:21 am
Mumbai: The Power Grid Corporation of India Tuesday reported Rs 3,781.42 crore as its consolidated net earnings for the quarter ending September 30, 2023, up 3.59 percent compared to Rs 3,650.29 crore the previous year primarily driven by lower expenses, although higher taxes partially offset the gains.
IRCTC q2fy24 PAT grows 30% YoY to 294.67 cr
Nov 08, 2023, at 02:14 am
Mumbai: Indian Railway Catering and Tourism Corporation Ltd. (IRCTC) on Tuesday announced a net profit of Rs 294.67 crore for the September quarter of FY24, showing a 30.36 percent increase from the Rs 226.03 crore reported in the same quarter of the previous fiscal year.
Sensex drops marginally by 16.29 pts
Nov 07, 2023, at 10:01 pm
Snapping a winning streak of last three sessions, the BSE Sensex declined 16.29 pts to close at 64,942.40 on profit booking by local operators.
Rupee falls 4 paise against USD
Nov 07, 2023, at 05:33 pm
Mumbai/UNI; The rupee on Tuesday slipped four paise to 83.25 in the opening session on rising demand for the US dollar by bankers and importers, dealers at the Foreign Exchange said.
Indian Market: Sensex rises 63 points
Nov 07, 2023, at 04:07 pm
The BSE Sensex continued to rise on Tuesday too, as it advanced by 63 points to open at 65,021.29 in the opening session as buying was seen in Utilities, Health Care, and Commodities stocks.
Indian Market: Sensex soars 594.91 points
Nov 06, 2023, at 09:55 pm
Extending its rally for the third consecutive session on Monday, the BSE Sensex edged up 594.91 pts to close high at 64,958.69 following gains in metal, capital goods, industrials, and commodities stocks amid positive global cues.
Securing a Personal Loan with a Low CIBIL Score: What You Need to Know
Nov 06, 2023, at 09:14 pm
Adani's Mundra port logs highest-ever cargo volume in October
Nov 06, 2023, at 05:53 pm
New Delhi/UNI: Adani group's Mundra Port handled 16.1 million metric tonne (MMT) of cargo in October, 2023 recording the highest-ever volume by any port in India, Adani Ports and Special Economic Zone Ltd (APSEZ) said in a statement on Sunday.
Trouble edtech startup Byju's reports Rs 2,250 cr loss in its delayed financial results
Nov 05, 2023, at 09:26 pm
Bengaluru: Education startup Byju's finally released its financial results on Saturday, after several delays. The results revealed that its parent company, Think & Learn Pvt., reported a slight reduction in losses, despite a surge in business during the pandemic.
Bank of Baroda Q2FY24 net profit up 28% to Rs 4,253 cr
Nov 05, 2023, at 08:03 am
Mumbai: State-run lender Bank of Baroda (BoB) recorded a 28.4% increase in net profit in the second quarter of the FY24 at Rs 4,253 crore, compared to the same period last year.
26 National Highway projects worth Rs 17,500 cr unveiled in Assam
Nov 05, 2023, at 07:46 am
Guwahati: Union Minister Nitin Gadkari and Assam CM Dr. Himanta Biswa Sarma inaugurated 26 national highway projects worth Rs 17,500 crore in Guwahati.
Unused X handles on sale, prices start from $50,000: Report
Nov 05, 2023, at 05:33 am
San Francisco: Elon Musk's social media platform, formerly known as Twitter but now renamed as X, is offering unused user accounts for sale, with prices starting at $50,000 and above.
Central Vigilance Commissioner visits Coal India
Nov 05, 2023, at 04:22 am
Coal India Limited has observed Vigilance Awareness Week (VAW) 2023 with a list of activities conducted from October 30 onwards. The VAW concludes on November 5, 2023.
SBI Q2FY24 net profit goes up 8% to Rs 14,330; NII stands at Rs 39,500 cr
Nov 05, 2023, at 03:31 am
Mumbai: State Bank of India (SBI) has announced a net profit of Rs 14,330 crore for the July-September quarter of FY24, marking an 8-percent increase from the Rs 13,265 crore recorded in the same period the previous year.
UCO Bank Q2FY24 net profit falls 20% YoY to Rs 401.67 cr; NII stands at Rs 5,219 cr
Nov 04, 2023, at 07:04 am
Kolkata: UCO Bank on Friday reported a 20.3 percent fall in its net profit in the September quarter to Rs 401.67 crore as compared to Rs 504.52 crore in the same quarter last year.
JSW Infrastructure reports Rs 256 cr net profit in Q2FY24
Nov 04, 2023, at 06:09 am
Mumbai: JSW Infrastructure Ltd on Friday reported a company specializing in commercial port operations, announced a substantial 85 percent increase in its combined earnings, reaching Rs 255.87 crore for the quarter concluding on September 30, 2023.
Larsen & Toubro divests 100% stake in L&T Infrastructure Engineering Ltd
Nov 04, 2023, at 05:43 am
Mumbai: Engineering giant Larsen & Toubro (L&T) Friday said it has sold its 100% stake in L&T Infrastructure Engineering Limited (LTIEL) to STUP Consultants Private Limited, a subsidiary of Assystem SA of France.
Zomato records Rs 36 cr Q2FY24 net profit
Nov 04, 2023, at 05:14 am
Mumbai: Online food delivery platform Zomato continued its impressive performance in the second quarter of FY24, recording a profit of Rs 36 crore
Raymond Group to take over Maini Precision Products Ltd
Nov 04, 2023, at 04:44 am
Mumbai: Raymond Group has announced the acquisition of a 59.25 percent stake in Maini Precision Products Limited (MPPL) for Rs 682 crore funded by a mix of debt and internal accruals.
Hyderabad International Airport embarks on phase-wise expansion
Nov 04, 2023, at 04:31 am
Hyderabad: In order to cater to the rising demand in passenger traffic and augment the passenger handling capacity, GMR Hyderabad International Airport (GHIA) has embarked on a phase-wise expansion.
Intel to provide expertise to 8 Indian companies to create 'Make In India' laptops
Nov 04, 2023, at 04:20 am
Leading tech company Intel has joined forces with eight Indian firms located in Delhi, Uttar Pradesh, Karnataka, Maharashtra, Tamil Nadu, and Haryana to accelerate the production of laptops in the country, media reports said.
InterGlobe Aviation posts Rs 189 crore profit in Q2
Nov 04, 2023, at 03:16 am
New Delhi: InterGlobe Aviation, the company that operates IndiGo Airlines, on Friday reported a Rs 188.9 crore consolidated net profit for the September quarter (Q2) of the current financial year 2023-24 as against a net loss of Rs 1,583.3 crore in the same period a year ago.
Saudi Arabia eyeing a major share in lucrative Indian Premier League: Report
Nov 04, 2023, at 02:29 am
New Delhi: Saudi Arabia is interested in buying a significant stake in the Indian Premier League (IPL), a highly profitable international cricket event, Bloomberg reported.
Indian Market: Sensex up 282.88 pts
Nov 03, 2023, at 10:34 pm
The BSE Sensex on Friday advanced further by 282.88 pts to close at 64,363.78 following gains in Titan, Tech Mahindra, Tata Motors and JSW Steel stocks amidst. positive Asian Market.