Washington: The US Federal Reserve maintained interest rates at 5.25 percent - 5.50 percent on Wednesday for the sixth consecutive meeting, aligning with market expectations.
Mumbai: The Godrej family on Wednesday announced a strategic split of its conglomerate, setting the stage for the creation of two distinct entities: Godrej Enterprises and Godrej Industries, media reports said.
Vedanta's Chairman, Anil Agarwal, announced on Wednesday that the company plans to invest $20 billion in India across its various businesses within the next four years, media reports said.
Mumbai: Aadhar Housing Finance, a subsidiary of the Blackstone Group, is set to debut on Dalal Street with its initial public offering (IPO) worth Rs 3,000 crore on May 8, media reports said.
Mumbai: State-owned entity Coal India Ltd (CIL) announced on Wednesday that its coal production for April rose by 7.3 percent to reach 61.8 million tonnes (MT).
Mumbai: Ambuja Cements Limited reported a 63.60 percent year-on-year rise in consolidated net profit at Rs 1,055.16 crore for the quarter that ended on March 31 in the financial year 2023-24 (Q4FY24).
Mumbai: Adani Wilmar Ltd, primarily operating in the edible oil and food-FMCG sectors, announced a 67 percent surge in its consolidated net profit to Rs 156.75 crore for the quarter ending March, despite a decrease in revenue.
New Delhi: Jindal Stainless Ltd (JSL) on Wednesday revealed plans to invest Rs 5,400 crore in expanding its capacity to 4.2 million tonnes per annum, media reported.
New Delhi: India saw a record high in Goods and Services Tax (GST) revenue for April 2024, a 12.4 percent y-o-y increase, hitting a historic peak of Rs 2.1 lakh crore in gross terms, the Finance Ministry said on Wednesday.
Ahmedabad: Adani Power, led by Gautam Adani, witnessed a 47.8 percent drop in its consolidated net profit to Rs 2,737 crore for the quarter ending March 2024 (Q4FY24).
Two-wheeler manufacturer TVS Motor Company on Wednesday said it registered a growth of 25% with sales increasing from 306,224 units in April 2023 to 383,615 units in April 2024.
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Google has terminated employees from various technology teams, such as Flutter, Dart, and Python, among others, media reports said.
New Delhi: Public infrastructure finance company REC Limited reported a net profit of Rs 4,016 crores for the fourth quarter of fiscal year 2024, an increase of 34% from Rs 3,001 crores recorded in the same period of the previous fiscal year.
New Delhi: NHPC Limited, the largest organization for hydropower development in India, signed a Memorandum of Understanding (MoU) with Norwegian company Ocean Sun operating as a technology provider to the floating solar industry.
New Delhi: Public sector undertaking Indian Oil Corporation (IOC) reported a standalone net profit of Rs 4,838 crore, a decline of 52% for the quarter ending in March.
Ahmedabad: Adani Total Gas on Tuesday reported a notable rise of 71% in its consolidated net profit for the fourth quarter of the financial year 2023-24 to Rs 167.96 crore compared to Rs 97.91 crore the previous year.
New Delhi: The International Monetary Fund (IMF) revised India's GDP growth projection for 2024-25 upward by 30 basis points to 6.8% in its update to the World Economic Outlook (WEO) on the back of buoyant domestic demand in the country.
Mumbai: Cybersecurity company TAC Security has been appointed as a key Cyber Security Assessor for the app Defense Alliance (ADA).
Mumbai: The Central Bank of India reported a 41.33% jump in Q4FY24 net profit to Rs 807 crore for the quarter and by 61.13% to Rs 2,549 crore for the fiscal year.
Kolkata: Public sector lender UCO Bank reported a 9.5% decrease in year-on-year net profit for the March quarter, totaling Rs 526 crore, primarily attributed to increased operating expenses, compared to the net profit of Rs 581 crore in the corresponding period last year.
Elon Musk's Tesla is laying off more employees and it includes senior executives and long-time veterans of the company, media reports said.
The National Council of Applied Economic Research (NCAER) on Monday said the Indian economy can attain growth rates higher than 7 per cent during the current fiscal year.
The BSE Sensex on Monday posted massive gains of 941.12 points to close strong at 74671.28 following the gains of Bankex, Oil and Gas, Financial Services, and Utilities stocks.
The Indian Defence Ministry’s Goa Shipyard Limited signed a Memorandum of Understanding (MoU) with Damen Shipyards for collaboration in the sector of e-Tugs.
The Israeli military used advanced artificial intelligence (AI) systems, named Lavender and Gospel, in its bombing operations in Gaza, reports suggest.
Tesla CEO Elon Musk is on a surprise visit to China, the second-largest market for the electric vehicle titan, media reports said.
Ahmedabad: AdaniConneX, a 50:50 JV between Adani Enterprises and EdgeConneX, has established India’s largest sustainability-linked financing to raise up to USD 1.44 billion.
New Delhi: The Centre has allowed the export of 99,150 MT of onion to six neighbouring countries—Bangladesh, UAE, Bhutan, Bahrain, Mauritius and Sri Lanka.
New Delhi: India’s exports of premium-quality basmati rice saw a rise of 22 percent, reaching a total value of $5.2 billion from April 2023 to February 2024, propelled by strong demand, particularly from West Asia, a media report said.
