Kotak Bank’s Q4 net profit rises 18 pc to Rs 4,133 crore
Mumbai, May 4 - Mid-sized private sector lender Kotak Mahindra Bank on Saturday reported an 18 per cent increase in net profit to Rs 4,133 crore for the January-March quarter of 2023-24, compared with the corresponding figure of Rs 3,496 crore in the
Govt lifts ban on onion exports with price rider
New Delhi, May 4 - The Government on Saturday lifted the ban on onion exports after about half a year, according to a notification from the Directorate General of Foreign Trade (DGFT).
Adani Ports & SEZ eyes significant expansion into the Philippines
New Delhi, May 4 - Adani Ports and Special Economic Zone (APSEZ) is planning to invest significantly in the Philippines, and is looking at Bataan for its port development plan, the Philippines government has said.
Indian tech companies begin to create global impact: SAP’s Manish Prasad
New Delhi, May 4 - The last decade has transformed the IT and technology landscape in India and some of the homegrown technology enterprises, mid-market firms and startups are now creating an impact globally as well, says Manish Prasad, President and Managing Director
From progress to prosperity: India’s economic momentum shatters ‘xenophobia’ myths
New Delhi, May 3 - US President Joe Biden’s assertion linking ‘xenophobia’ in India, China, Russia, and Japan to “stalled economic growth” overlooks the remarkable economic progress India has made in recent years, particularly under the leadership of Prime Minister Narendra Modi.
RBI tweaks rules to cut risk banks face in exposure to capital markets
Mumbai, May 3 - The RBI on Friday tweaked rules to reduce the risk faced by banks in their exposure to capital market in the case of issue of Irrevocable Payment Commitments (IPCs).
Raymond posts 18 per cent jump in Q4 net profit at Rs 229 crore
Mumbai, May 3 - Gautam Hari Singhania-led Raymond on Friday reported an 18 per cent rise in its January-March quarter profit on the back of a strong performance in its real-estate and apparel segments.
Zomato CEO calls experienced ex-restaurateurs to help him serve better
New Delhi, May 3 - Zomato co-founder and CEO Deepinder Goyal on Friday called experienced ex-restaurateurs to come and help him build an online food delivery platform that serves its customers and the overall food outlet ecosystem in a better way.
WhatsApp banned record over 79 lakh accounts in India in March
New Delhi, May 3 - Meta-owned WhatsApp has said it banned more than 79 lakh accounts in India in the month of March, in compliance with the IT (Intermediary Guidelines and Digital Media Ethics Code) Rules, 2021.
Italy’s jobless rate falls to 7.2 pc, lowest in over 15 years
Rome, May 3 - Italy's unemployment rate decreased to the lowest level in more than 15 years in March after rising slightly in the previous month, the statistical office ISTAT reported on Friday.
Indian rupee to trade in Rs 83.25–83.75 band against USD during Q1FY25
Chennai, May 3 - The Indian rupee will trade in the narrow band of Rs 83.25– 83.75 against the US dollar in the remaining period of Q1FY25, a top economist at the credit rating agency CARE Ratings said on Friday.
Mahindra & Mahindra received record 674 patents in FY24
New Delhi, May 3 - Mahindra & Mahindra (M&M), the automotive and farm equipment flagship of the Mahindra Group, said on Friday that it received 674 patents in FY24, the most by any Indian four-wheeler automobile/farm equipment manufacturer.
Titan posts 7 per cent increase in Q4 net profit, declares dividend of Rs 11 per share
Mumbai, May 3 - Titan Company on Friday reported a standalone net profit of Rs 786 crore for the March quarter, a growth of 7 per cent from Rs 734 crore in the year-ago period.
Godrej Properties posts 14 per cent rise in Q4 net profit at Rs 471 crore
Mumbai, May 3 - Godrej Properties on Friday reported a 14 per cent growth in its consolidated net profit at Rs 471 crore for the January-March quarter of 2023-2024 compared to the corresponding figure of Rs 412 crore in the same period of
Tata Technologies clocks profit before tax at Rs 932 crore in FY24
New Delhi, May 3 - Tata Technologies Limited on Friday reported profit before tax (PBT) at Rs 932 crore in FY24, a 17.1 per cent growth (year-on-year), as the board recommended a final dividend of Rs 8.40 per equity share and a special
Sprint star Dutee Chand joins Mothers Against Vaping to tackle threat of new-age tobacco devices
New Delhi, May 3 - ‘Mothers Against Vaping’, a united front of concerned mothers combatting the promotion of new-age tobacco devices such as e-cigarettes, vapes, electronic nicotine delivery systems, heat-not-burn products, e-hookahs and similar devices among Indian children and youth, on Friday, announced
India likely to be Apple’s 3rd largest market in next 2 to 3 years: Experts
New Delhi, May 3 - As Apple registered strong double-digit growth in India in the March quarter this year, experts on Friday said that the country will likely become the tech giant's third-largest market in the next two to three years.
PhonePe showcases its services powered by UPI at a special event in Nepal
Kathmandu, May 3 - PhonePe India on Friday showcased its services powered by the Unified Payments Interface (UPI) platform at a special event held in Nepal.
Adani Green reports 30 pc EBITDA growth in FY24, revises target to 50 GW for 2030
Ahmedabad, May 3 - Adani Green Energy Ltd (AGEL) on Friday reported 30 per cent EBITDA growth at Rs 7,222 crore in FY24, as the renewable energy (RE) major revised its target for 2030 to 50 gigawatt (GW) from 45 GW.
Bajaj Auto launches new flagship Pulsar at Rs 1.85 lakh
New Delhi, May 3 - Two-wheeler major Bajaj Auto on Friday launched the highly anticipated 'Pulsar NS400Z' in the country at Rs 1,85,000 (ex-showroom).