Business and financial news
Mumbai: Tata Motors on Thursday signed a Securities Subscription Agreement (SSA) and a Shareholders Agreement (SHA) with Freight Commerce Solutions Pvt Ltd for the acquisition of a 26.79% stake in Freight Tiger for a consideration of Rs 150 crore.
Kolkata: ITC Ltd announced a standalone net profit of Rs 4,926.96 crore for the September quarter of the current fiscal year, up 10.32% year-on-year (YoY).
New Delhi: The International Monetary Fund (IMF) stated on Thursday that India has the capacity to incorporate additional spending on subsidies and rural employment initiatives without surpassing the current fiscal deficit target of 5.9% set for this financial year.
Mumbai: Blinkit reported a substantial surge in revenue from operations, marking a 207 percent increase to Rs 724 crore. This follows its transition to quick commerce in December 2021 and subsequent acquisition by Zomato.
SIPs have carved a distinct space in the investment choices of Indians. By breaking down investments into manageable chunks, they make mutual funds more accessible. But with this ease, there's a challenge: selecting the right mutual fund. Your choice can be a determinant of your financial growth. Looking for growth avenues and the best mutual funds to invest in? Let us help you find the right SIP investment match for your portfolio.
Tech giant Google has recently downsized its news division, with nearly 40 to 45 employees in Google News reportedly losing their positions, according to a spokesperson from the Alphabet Workers Union, reported CNBC.
Warangal: Adani Energy Solutions Ltd has successfully commissioned the Warora Kurnool Transmission line, covering 1,756 circuit kms across Maharashtra, Telangana, and Andhra Pradesh.
Kolkata/IBNS: Bandhan Bank Wednesday announced its financial results for the second quarter of the financial year 2023-24. The bank’s retail loan book grew at a healthy 81% further strengthening its portfolio diversification agenda.
Bandhan Bank on Wednesday announced its financial results for the second quarter of the financial year 2023-24 where it said its retail loan book grew at a healthy 81% further strengthening the Bank’s portfolio diversification agenda.
Running a business often requires financial assistance to cover various expenses, whether it's for expansion, purchasing equipment, or managing cash flow. In the world of business finance, two common options are Business Loans and Business Advances. While they both provide access to much-needed capital, they operate differently and serve distinct purposes. In this blog, we will discover the key differences between Business Loans and Business Advances, helping you make an informed decision for your business financing needs.
New Delhi: Prime Minister Narendra Modi laid the foundation stone for the new 2.19 million TEU per annum mega-container terminal on India’s western coast Tuna-Tekra at Deendayal Port on Tuesday.
Mumbai: PwC India Tuesday announced a strategic partnership with Workiva, a cloud platform for integrated reporting to meet increasing demands in India for accurate and transparent disclosures and Governance, Risk and Compliance (GRC).
The BSE Sensex on Tuesday jumped 261.16 pts to close at 66,428.09 on the strength of Utilities, Power, Energy stocks.
Sydney: Workers at Chevron Australia's liquefied natural gas (LNG) facilities are expected to resume their strikes on Thursday, as talks between the unions and the energy giant failed in the deal-finalisation phase.
Mumbai/UNI: The BSE Sensex on Monday declined by 42:05 points to 66,237.41 as selling was seen in FMCG, finance, and health care stocks.
New Delhi: The government will double the manpower for processing Intellectual Property (IP) applications, and the process will be streamlined and made more transparent, Commerce & Industry Minister Piyush Goyal said on Friday.
New Delhi: State-owned company REC, formerly known as Rural Electrification Corporation Ltd has signed a Memorandum of Understanding with National Informatics Centre Services Inc. (NICSI),
New Delhi: India's imports from Russia in the April-September period of this fiscal year surged by approximately 67 percent to USD 30.42 billion.
Mumbai: HDFC Life Insurance, a private sector insurance company, Friday announced a net profit of Rs 376 crore in the September quarter of the financial year 2023-24.
Mumbai: Tata Motors Limited (TML) is divesting a 9.9 percent stake in its IPO-bound subsidiary, Tata Technologies (TTL), for Rs 1613.7 crore as part of its strategy to reduce debt.
London: Microsoft has successfully finalized its $69 billion acquisition of Activision Blizzard, marking a significant move in the video game industry, Bloomberg reported.
New York: JPMorgan Chase reported an increase in its third-quarter profit, boosted by higher interest payments and the acquisition of First Republic Bank, Reuters reported.
Mumbai: The Reserve Bank of India (RBI) on Friday slapped a fine of Rs 8.50 lakh penalty on Bajaj Finance for violation of the rule pertaining to reporting of frauds.
Hitachi Payment Services, a payments and commerce solutions provider, on Friday announced the launch of its HPX initiative.
The BSE Sensex on Friday lost another 125.67 pts to close at 66,282.74 as renewed selling was witnessed in Bankex, IT and Commodities stocks.
Kolkata: Packaged snacks and beverage maker Annapurna Swadisht Ltd has appointed Gajanan Prasad Sah Kalwar as an Additional Director and Joint Managing Director of the company effective September 22, 2023.
Kolkata: Volvo Car India’s second fully electric car C40 Recharge has got a very strong response from the Indian market, a press release said on Thursday.
New Delhi: India’s largest integrated energy conglomerate NTPC Ltd has been featured as one of the “World’s Best Employers 2023” in the Forbes World’s Best Employers list 2023 released on Oct 10, 2023.
New Delhi: A total of seven projects for construction of bridges in Arunachal Pradesh at a cumulative cost of Rs118.50 crores have been approved in the fiscal year 2023-24 under the Setu Bandhan Scheme, Union Road Transport and Highways Minister Nitin Gadkari Thursday said in a social media post.
New Delhi: India's retail inflation measured by consumer price index (CPI) eased to 5.02% year-on-year in September 2023 from 6.83% in the previous month on the back of softening food prices, showed the data released by the Ministry of Statistics & Programme Implementation (MoSPI) on Thursday.
Get the latest news delivered to your inbox
Connect with us on social media
