Ayodhya scales new economic peaks ahead of Ram Temple Pran Pratishtha
Lucknow, Jan 21 - Even as Ayodhya decks up to witness the historic Pran Pratishtha ceremony of the Ram temple on Monday, the holy town is also witnessing its emergence as an economic powerhouse.
India, Cuba ink MoU on digital public infrastructure
New Delhi, Jan 20 - India and Cuba have signed an MoU for cooperation in the field of sharing successful digital solutions implemented at population scale for digital transformation.
Union Bank of India posts 60% jump in net profit, stock soars to 52-week high
Mumbai, Jan 20 - Union Bank of India on Saturday posted a 59.91 per cent year-on-year jump in net profit to Rs 3,590 crore for the October-December quarter on the back of lower provisioning and higher interest income.
India’s smartphone market sees 2% drop in 2023, shipped 148.6 mn units: Report
New Delhi, Jan 20 - India's smartphone market has maintained stability with 148.6 million shipments overall in 2023, witnessing a minor drop of two per cent, a new report has said.
ICICI Bank posts 23.5% rise in Q3 net profit
Mumbai, Jan 20 - ICICI Bank on Saturday declared a 23.5 per cent increase in its net profit to Rs 10,272 crore for the October-December quarter of the current financial year.
Kotak Mahindra logs Rs 3,005 crore PAT for Q3
Chennai, Jan 20 - Kotak Mahindra Bank Ltd on Saturday said it closed the third quarter of FY24 with an after tax profit of Rs 3,005 crore.
IREDA net profit surges 67% in Oct-Dec quarter
Mumbai, Jan 20 - Indian Renewable Energy Development Agency Ltd (IREDA) on Saturday reported an of 67.15 per cent year-on-year increase in its net profit at Rs 335.54 crore for the October-December of the current financial year.
Bharti Hexacom files DRHP for IPO
New Delhi, Jan 20 - Bharti Hexacom has filed a Draft Red Herring Prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) for proposed Initial Public Offering (IPO) for the offer by Telecommunications Consultants India Limited.
Mangaluru airport adjudged ‘best airport’ in under 5 million passenger category
Dakshina Kannada (Karnataka), Jan 20 - Mangaluru International Airport (MIA) has been adjudged the 'best airport' in the under 5 million passenger category at Wings India 2024, Asia’s largest Civil Aviation Exhibition, an official statement said on Saturday.
Amazon removes ‘Shri Ram Mandir Ayodhya Prasad’ sweets after CCPA notice
New Delhi, Jan 20 - After getting a notice from the Central Consumer Protection Authority (CCPA), Amazon has removed sweets sold under the name 'Shri Ram Mandir Ayodhya Prasad'.
IDBI Bank logs higher Q3 PAT at Rs 1,458.18 crore
Chennai, Jan 19 - Mortgage lender IDBI Bank closed the third quarter of FY24 with higher net profit of Rs 1,458.18 crore.
Wayfair to slash 1,650 jobs from its global workforce
San Francisco, Jan 20 - E-commerce company Wayfair has announced to lay off 1,650 employees, or 13 per cent of its workforce globally, to reduce costs.
Stock markets to observe trading holiday on Jan 22
Mumbai, Jan 19 - Stock exchanges will observe trading holiday on January 22 in Equity, Equity Derivatives, SLB Segment.
Tata Steel to shut blast furnaces at UK plant; 2,800 jobs likely to go
London, Jan 19 - Tata Steel said on Friday that it will be shutting down the two blast furnaces in its plant in the UK by the end of this year, which would result in the loss of up to 2,800 jobs at
Zee says not aware of any Sony board meeting
New Delhi, Jan 19 - Zee Entertainment has said that the company is not aware of, and cannot comment on, any board meeting held or proposed to be held by Culver Max Entertainment Private Ltd (formerly Sony Pictures Networks India Private Ltd), given
Moody’s expects Fed to cut rates in May as inflation slows
New Delhi, Jan 19 - Moody's expects the inflation rate to return to central bank targets by 2025 and the US Federal Reserve to start cutting rates in May.
Akasa Air signs MoU with Noida International Airport for strategic collaboration
New Delhi, Jan 19 - Akasa Air has entered a strategic collaboration with the Noida International Airport to support each other in their growth journeys and will base its aircraft at the airport to operate domestic and international flights and support the growing
Zuckerberg’s firms fined $2.8bn for wrongful user data processing in last 4 yrs: Report
New Delhi, Jan 19 - Mark Zuckerberg's Meta and its affiliated subsidiaries have incurred fines totalling $2.8 billion in the last four years due to multiple GDPR (General Data Protection Regulation) violations, a new report has revealed.
Reliance Retail delivers gross revenue of Rs 83,063cr for 3Q FY24
New Delhi, Jan 19 - Reliance Retail delivered gross revenue of Rs 83,063 crore for 3Q FY24, a growth of 22.8 per cent Y-o-Y led by Grocery, Fashion & Lifestyle and Consumer Electronics businesses.
Reliance Industries gross revenue at Rs 2.48 lakh crore in Dec quarter on momentum in consumer businesses
New Delhi, Jan 19 - Reliance Industries Limited (RIL) declared the consolidated results for quarter ended December 31, 2023.