UCO Bank Q4 results: Net profit jumps three-fold to Rs 312 cr, dividend remains undeclared
May 14, 2022, at 01:44 am
Kolkata/IBNS: The 95 percent state-owned UCO Bank registered a net profit jump of 290 percent to Rs 312 crore in the quarter ended March 2022 as against Rs 80 crore in quarter ended March 2021.
LIC HFL hikes rate of interest for loan products
May 13, 2022, at 11:24 pm
Mumbai: LIC Housing Finance Ltd (LIC HFL) on Friday revised the rate of interest for its loan products on the back of the Reserve Bank of India's (RBI) announcement on May 4, revising the repo rate.
SBI reports 41.28 pc jump in its net profit
May 13, 2022, at 11:00 pm
Mumbai: State Bank of India (SBI) on Friday reported a 41.28 per cent jump in its net profit at Rs 9,114 crore for the fourth quarter ended March 31, 2022.
Bandhan Bank's net profit jumps 1747 pc
May 13, 2022, at 10:56 pm
Kolkata: Bandhan Bank on Friday reported its net profit jumped 1747 per cent to Rs 1,902.3 crore in Q4 FY22.
India considering Preferential Trade Agreement with Oman: Piyush Goyal
May 13, 2022, at 04:55 am
New Delhi/IBNS: Union Minister of Commerce and Industry, Consumer Affairs, Food and Public Distribution and Textiles, Piyush Goyal on Thursday said that India was considering entering into a Preferential Trade Agreement (PTA) with Oman.
India's retail inflation soars to 7.79 pc in Apr
May 13, 2022, at 02:13 am
New Delhi: India's retail inflation jumped to 7.79 percent in April, mainly pushed by rising fuel and food prices, government data showed on Thursday.
RBL Bank's Q4FY22 net profit jumps 163 pc YoY to Rs 198 cr; NII grows 25 pc
May 13, 2022, at 01:44 am
Mumbai: RBL Bank Limited's Q4FY22 net profit surged by 163 percent year-on-year to Rs 198 crore compared to Rs 75 crore in the same quarter last year.
Campbell Wilson appointed as the CEO & MD of Air India
May 12, 2022, at 09:36 pm
Mumbai: Tata Sons today announced Campbell Wilson’s appointment as the Chief Executive Officer (CEO) & Managing Director (MD) of Air India.
UAE Minister of Economy Abdulla Bin Touq Al Marri meets Finance Minister Nirmala Sitharaman
May 12, 2022, at 09:03 pm
New Delhi: Minister of Economy of United Arab Emirates Abdulla Bin Touq Al Marri made a courtesy call to Finance Minister Nirmala Sitharaman in New Delhi Thursday and discussed the strong economic and commercial engagement between the India-UAE and the comprehensive strategic partnership which is driving the multifaceted bilateral relations
India, Oman agree to early conclusion of MoUs, acceptance of Rupay card in Oman
May 12, 2022, at 07:06 pm
New Delhi: India and Oman Wednesday held the 10th Joint Commission Meeting here, where they agreed on the early conclusion of all MoUs and Agreements, including on double taxation avoidance agreement, a bilateral Investment Treaty, and acceptance of the Rupay card in Oman.
May 12, 2022, at 05:43 pm
US consumer price inflation dipped slightly in April, increasing 8.3 percent against April 2021, according to government data released Wednesday, AFP reported.
May 12, 2022, at 04:20 pm
New Delhi/UNI: Petrol and diesel prices remained unchanged for the 36th day in a row on Thursday.
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.