Business and financial news
New Delhi: As part of India's drive towards self-reliance (Atmanirbhar Bharat), the Finance Ministry is increasingly adopting a discerning approach in applying dumping duties, resulting in a rejection rate of 43 percent since August 2020, TOI reported.
Mumbai: Tata Power Company Limited (Tata Power) announced a consolidated net profit of Rs 1,140.97 crore for the first quarter of FY 24, a year-on-year growth of 29 percent compared to a consolidated profit of Rs 883.54 crore in the previous year.
Mumbai: The Indian Rupee on Wednesday rose marginally by three paise to close at 82.85 on the selling of US Dollar by bankers and exporters amid a rebounding equity market, dealers at the Foreign Exchange said.
Mumbai: The Indian Rupee on Wednesday rose marginally by three paise to close at 82.85 on the selling of US Dollar by bankers and exporters amid a rebounding equity market, dealers at the Foreign Exchange said.
Mumbai: The BSE Sensex on Wednesday recovered 149.31 pts to close at 65,995.81 on the strength of Metal, Consumer Durable, Oil and Gas and Energy stocks.
Kolkata: West Bengal’s capital Kolkata is witnessing a remarkable upswing in the demand for used cars, according to a report by the pre-owned cars buy and sell portal CARS24.
Kolkata: Akasa Air on Tuesday completed one year of commercial operations in the Indian skies.
Mumbai: Stock market regulator Securities and Exchange Board of India (SEBI) has introduced a new mechanism to rectify incorrect transfers of securities in demat accounts.
Kolkata: State-owned Coal India Limited (CIL) announced a consolidated net profit of Rs 7,941.4 crore for the quarter ended June, marking a 10 percent decline compared to the Rs 8,834.22 crore reported in the same quarter of the previous year.
After agreements with United Arab Emirates (UAE) and Indonesia, India is considering the possibility of establishing bilateral agreements with important partners in Latin America and Africa to bolster trade using local currencies, thereby contributing to the broader goal of internationalizing the Indian rupee, Moneycontrol reported.
New Delhi: Online furniture marketplace Pepperfry’s co-founder Ambareesh Murty has died due to cardiac arrest, the company's second co-founder Ashish Shah announced in a post on X, formerly known as Twitter.
An Indian-American girl has won hearts with her gesture as she raised more than USD 10,000 for PM CARES Fund to help the victims of the train accident in the eastern Indian state of Odisha earlier this year.
Indan-origin and Delhi University graduate Vaibhav Taneja has been appointed as the new Chief Financial Officer of billionaire Elon Musk's firm Tesla.
Mumbai: The Indian Rupee on Tuesday drifted lower by 10 paise to close at 82.85 against the USD on brisk demand for US Dollar by bankers and importers amid sliding equity market, dealers at the Foreign Exchange said.
Bhopal: Madhya Pradesh government’s skilling agency Madhya Pradesh State Skill Development & Employment Generation Board (MPSSDEGB) and the Directorate of Employment, Madhya Pradesh have partnered with talent acquisition and talent management startup, HireMee to help identify hidden talent and assist them in employability.
Mumbai: The BSE Sensex on Tuesday slipped 106.98 pts to settle at 65,846.50 as selling was witnessed in Metal, Telecommunications, Utilities and Commodities stocks amid mixed trend in Asian Market.
Union Commerce and Industry Minister Piyush Goyal has announced India will launch BRICS Startup Forum this year to facilitate collaboration among startups, investors, incubators and aspiring entrepreneurs.
Online marketplace Pepperfry's co-founder Ambareesh Murty has died due to cardiac arrest in Leh, his company's other co-founder Ashish Shah said.
Kolkata: Magadh Sugar & Energy Limited (MSEL) reported a Rs 16 crore Profit After Tax (PAT) in Q1FY24 against Rs 10 lakhs in Q1FY23.
Kolkata: Avadh Sugar & Energy Limited (MSEL) reported a revenue of Rs 682 crore from operations in Q1FY24.
TVS Supply Chain Solutions Limited) proposes to open its initial public offering of Equity Shares on Thursday.
Public sector lender Bank of Baroda (BOB) on Saturday reported a standalone net profit of Rs 4,070 crore in Q1FY24, up 87.7 year-on-year compared to Rs 2,168 crore in the same quarter of the previous fiscal year.
Kolkata: IEEMA, the apex association of manufacturers of electrical, industrial electronics and allied equipment in India, has expressed willingness to partner with the West Bengal government in conducting market research to understand the current state of the electrical and electronics industry in West Bengal.
New Delhi/IBNS: During the closing ceremony of the '9th CII India-LAC Conclave', focused on enhancing South-South Cooperation, Sunil Barthwal, Secretary, Department of Commerce, Ministry of Commerce & Industry, highlighted the immense potential for expanding bilateral trade between India and Latin American & Caribbean (LAC) countries.
New Delhi: The Union government is considering an extension of the implementation of import restrictions on laptops, personal computers, tablets, and server manufacturers for a period of three to four months, media reports said.
In a promising projection, S&P Global, the renowned US-based credit ratings agency, foresees India’s economy expanding at an impressive annual growth rate of 6.7% from fiscal year 2024 to 2031.
Mumbai: Biocon Biologics Ltd made leadership changes on Friday, revealing the appointments of Rhonda Duffy as Chief Operating Officer (COO) and Sandeep Athalye as Chief Development Officer.
Mumbai: State Bank of India (SBI), the largest bank in India, surpassed market expectations with a massive 178.24% year-on-year (YoY) surge in its profit for the June 2023 quarter to Rs 16,884 crore.
Mumbai: Reliance Industries Ltd has announced that its 46th annual general meeting will take place on August 28, according to a notice to the stock exchanges.
New Delhi: The Finance Ministry has granted its approval for elevating Oil India Ltd's status to the 'Maharatna' category.
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