Cipla Q4 net profit surges by 79 pc, declares dividend of Rs 13 per share

Cipla Q4 net profit surges by 79 pc, declares dividend of Rs 13 per share

Mumbai, May 10 - Pharma major Cipla on Friday reported a 78.5 per cent surge in net profit to Rs 939 crore for the Jan-March quarter of 2023-24 compared to the corresponding figure of Rs 525 crore for the same period last year.

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Sensex up by 466 points, Nifty climbs over 22,050

Sensex up by 466 points, Nifty climbs over 22,050

Mumbai, May 10 - Indian stock indices are in green on Friday, after a range-bound opening. At 9:50 a.m., Sensex was up by 466 points, or 0.64 per cent at 72,871 points, and Nifty was up by 138 points, or 0.64 per cent

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Honda opens new R&D facility in India to accelerate electrification

Honda opens new R&D facility in India to accelerate electrification

New Delhi, May 9 - Honda R&D (India) Private Limited, a subsidiary of Honda Motor Co, on Thursday, opened its new Solution R&D Center in the country to accelerate electrification.

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Punjab National Bank clocks 160 pc surge in Q4

Punjab National Bank clocks 160 pc surge in Q4

New Delhi, May 9 - Punjab National Bank (PNB) on Thursday reported a 160 per cent surge in its net profit to Rs 3,010 crore in the Jan-March quarter of the financial year 2023-24 compared to the corresponding figure of Rs 1,159 crore

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Sensex crashes 1,062 points, Rs 7 lakh crore investor wealth eroded

Sensex crashes 1,062 points, Rs 7 lakh crore investor wealth eroded

Mumbai, May 9 - The Sensex fell by more than 1,000 points, while the Nifty slid below the 22,000 mark on Thursday amid heavy selling pressure and weak Q4 results by top firms.

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Maruti Suzuki launches 4th-gen Swift at starting price of Rs 6.49 lakh

Maruti Suzuki launches 4th-gen Swift at starting price of Rs 6.49 lakh

New Delhi, May 9 - Leading carmaker Maruti Suzuki on Thursday launched the 4th generation Epic New Swift at a starting price of Rs 6.49 lakh (ex-showroom) in India.

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Stanlow celebrates a century of powering Britain

Stanlow celebrates a century of powering Britain

Stanlow (UK), May 9 - EET Fuels (or “the Company”, formerly Essar Oil UK), which owns and runs the Stanlow Manufacturing Complex, one of the most advanced refineries in Europe, today announces the commemoration of the 100th anniversary of the Stanlow Refinery.

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VC firm Venturi Partners invests $27 mn in K12 Techno Services

VC firm Venturi Partners invests $27 mn in K12 Techno Services

New Delhi, May 9 - Venture capital firm Venturi Partners on Thursday announced a purchase of a $27 million stake in the education service provider K12 Techno Services from Navneet Learning LLP, a subsidiary of Navneet Education Limited.

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HPCL profit dips 25 pc in Q4

HPCL profit dips 25 pc in Q4

Mumbai, May 9 - Hindustan Petroleum Corporation Limited (HPCL) on Thursday reported a nearly 24.9 per cent decline in consolidated net profit at Rs 2,709.31 crore for the Jan-March quarter of 2023-24 from Rs 3,608.32 crore in the same quarter last year as

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SBI posts 24 pc jump in Q4 net profit

SBI posts 24 pc jump in Q4 net profit

Mumbai, May 9 - State Bank of India (SBI) on Thursday reported a 24 per cent jump in net profit at Rs 20,698 crore for the Jan-March quarter of 2023-24 compared to the corresponding figure of Rs 16,695 crore in the same period

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Asian Paints posts 1.3 pc rise in Q4 net profit

Asian Paints posts 1.3 pc rise in Q4 net profit

Mumbai, May 9 - Asian Paints on Thursday reported a consolidated net profit of Rs 1,275.3 crore for the Jan-March quarter of 2023-24, a marginal increase of 1.3 per cent compared to the corresponding figure of Rs 1258.41 crore for the same period

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Sensex falls more than 800 points, L&T drags Nifty

Sensex falls more than 800 points, L&T drags Nifty

Mumbai, May 9 - Sensex and Nifty extended their morning session losses. Till 1:30 PM, the majority of the Indices were red as Sensex was down 802 points or 1.05 per cent at 72,664 points while Nifty was down 261 points or 1.17

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BMW 3 Series Gran Limousine M Sport Pro edition launched in India

BMW 3 Series Gran Limousine M Sport Pro edition launched in India

New Delhi, May 9 - The new BMW 3 Series Gran Limousine M Sport Pro edition was launched in India by the luxury car maker on Thursday.

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Building business often difficult, but Indian dream is real: Radhika Gupta

Building business often difficult, but Indian dream is real: Radhika Gupta

New Delhi, May 9 - Even though building a business is many times difficult in India, the Indian dream is real, said Radhika Gupta, CEO of Edelweiss Asset Management and Shark Tank Judge.

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Sensex, Nifty fall nearly 0.3 pc after flat opening

Sensex, Nifty fall nearly 0.3 pc after flat opening

Mumbai, May 9 - Indian benchmark indices were down on Thursday, following mixed trading among global peers.

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NSE, BSE to conduct special trading session on May 18

NSE, BSE to conduct special trading session on May 18

New Delhi, May 8 - NSE and BSE will hold a special live session on May 18 to perform intra-day switch-over to their respective disaster recovery site.

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Centre to hold meeting with states to formulate Mining Index

Centre to hold meeting with states to formulate Mining Index

New Delhi, May 7 - The Ministry of Mines in collaboration with the Indian Institute of Technology – Indian School of Mines (IIT-ISM), Dhanbad will organise a one-day workshop here on Wednesday to discuss the draft framework of the State Mining Index, envisaged

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Govt launches Meditech Stackathon to give big push to medical devices manufacturing

Govt launches Meditech Stackathon to give big push to medical devices manufacturing

New Delhi, May 7 - The government on Tuesday launched the Meditech Stackathon 2024 in collaboration with apex business chamber CII to give a big push to the domestic manufacturing of medical devices and reduce dependence on imports.

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ICICI Bank now lets NRIs use international numbers for UPI payments in India

ICICI Bank now lets NRIs use international numbers for UPI payments in India

New Delhi, May 6 - ICICI Bank on Monday announced that it has enabled NRI (Non-Resident Indian) customers to use their international mobile number to make UPI payments instantly in India.

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Apple’s iPhone 15 Pro Max best-selling smartphone in Q1 this year: Report

Apple’s iPhone 15 Pro Max best-selling smartphone in Q1 this year: Report

New Delhi, May 6 - Apple’s iPhone 15 Pro Max was the best-selling smartphone of the first quarter (Q1) of 2024, a new report showed on Monday.

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