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
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
Japan’s real wages down for 24th straight month
Tokyo, May 9 - Japan's average monthly wages in inflation-adjusted terms logged the 24th straight month of decline in March, marking the longest period of continuous wage decline since comparable statistics began in 1991, official data showed on Thursday.
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
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.
Air India Express row: 85 flights cancelled as cabin crew members continue strike
New Delhi, May 9 - Over 80 flights were cancelled on Thursday following the mass sick leave taken by the cabin crew members of Air India Express, said an official.
Byju Raveendran tells staff not to sell courses but counsel parents; cuts course prices
New Delhi, May 9 - In a bid to salvage the financial and cultural crisis edtech company Byju’s is currently in, its Founder and CEO Byju Raveendran has asked staff to pull the plug on aggressive selling, while slashing course prices by up
India smartphone market poised for fierce competition in affordable 5G segment
New Delhi, May 9 - With the smartphone market registering 10 per cent (year-on-year) growth in the first quarter (Q1) of 2024 in India and 5G devices capturing 70 per cent share, analysts on Thursday said that the market in this year and
Air India Express strike: Air India to operate on AIX 20 routes
New Delhi, May 9 - The Tata-owned Air India will operate 20 Air India Express (AIX) routes to help the latter amid an ongoing strike by cabin crew members, said an airline official on Thursday.
Termination letters sent to create fear, say protesting Air India Express cabin crew members
New Delhi, May 9 - The issuance of termination letters to several staff members is merely a tactic to instil fear and quell ongoing protests, said a cabin crew member of Air India Express on condition of anonymity, adding that around 20 termination
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.
India smartphone market grows 8 pc in Q1, 5G shipments share at highest-ever 71 pc
New Delhi, May 9 - Driven by consumers upgrading to higher-value phones across price tiers, India’s smartphone shipments in the January-March quarter (Q1) grew a record 8 per cent (year-on-year) in terms of volume and 18 per cent in terms of value, a
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.
Air India Express row: 74 flights cancelled as cabin crew members continue strike
New Delhi, May 9 - Over 70 flights were cancelled on Thursday following the mass sick leave taken by the cabin crew of Air India Express, sources said.
Air India Express strike: Flights from Kerala continue to be disrupted
Thiruvananthapuram, May 9 -The ‘mass sick’ leave taken by the Air India Express cabin crew continued to disrupt the operations of the low-cost carrier at the four airports in Kerala for the second day in succession.
India playing an important role in advanced manufacturing: TCS Chairman Chandrasekaran
New Delhi, May 9 -Geo-political challenges are continuing to alter established supply chains and companies are rebalancing their supply chains to address both resilience and efficiency, Tata Consultancy Services (TCS) Chairman N. Chandrasekaran has said.
Startup hiring surges in India, freshers to grab 53 pc jobs: Report
Bengaluru, May 9 - The Indian startup ecosystem saw a 37 per cent increase in the number of new companies in April, leading to a 14 per cent surge in the number of jobs, a report showed on Thursday.
US automotive firm BorgWarner launches R&D centre in South Korea
Seoul, May 9 - US automotive company BorgWarner has opened a research and development centre in South Korea, which is expected to help stabilise the supply chain in the sector, the industry ministry said on Thursday.
Air India Express row: ‘Company leadership available for discussions’, CEO says in letter to employees
New Delhi, May 8 - Following the mass sick leave taken by the cabin crew of low-cost airline Air India Express resulting in disruption of flight operations, the airline's CEO Aloke Singh, said in a letter to the employees that the act is
EU asks for more details on X’s content moderation activities, resources
London, May 8 - The European Commission on Wednesday sent Elon Musk-run X a request for information (RFI) under the Digital Services Act (DSA), seeking more details on the company's content moderation activities and resources, on the risk assessment conducted by it about