Adani Wilmar clocks highest-ever net profit at Rs 313 crore in Q1 as edible oil prices stabilise

Adani Wilmar clocks highest-ever net profit at Rs 313 crore in Q1 as edible oil prices stabilise

Ahmedabad, July 29 - Adani Wilmar Limited on Monday posted strong profits with the highest-ever PAT of Rs 313 crore in the April-June quarter (Q1 FY25), as revenue reached Rs 14,169 crore, a 12 per cent volume growth (year-on-year).

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PM Modi to address Captains of Indian industry on Journey Towards Viksit Bharat

PM Modi to address Captains of Indian industry on Journey Towards Viksit Bharat

New Delhi, July 29 - Prime Minister Narendra Modi will address the inaugural session of ‘Journey Towards Viksit Bharat: A Post Union Budget 2024-25 Conference’ at Vigyan Bhawan, in the national Capital on Tuesday (July 30), according to a PMO statement issued on

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Airtel re-farms mid band spectrum for 5G traffic, pilots standalone tech

Airtel re-farms mid band spectrum for 5G traffic, pilots standalone tech

New Delhi, July 29 - Bharti Airtel on Monday said it has started re-farming its existing mid-band spectrum to accommodate the growing traffic demand on its 5G network in the country.

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Vietnam posts trade surplus of $14.08 bn in 7 months

Vietnam posts trade surplus of $14.08 bn in 7 months

Hanoi, July 29 - Vietnam saw a trade surplus of $14.08 billion in the first seven months of this year, the General Statistics Office said on Monday.

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Adani Green stock can rally 75 pc, Khavda RE plant a game changer: Jefferies

Adani Green stock can rally 75 pc, Khavda RE plant a game changer: Jefferies

New Delhi, July 29 - Riding on strong industry tailwinds and power demand growth, Adani Green Energy’s stock can grow an impressive 75 per cent in a bull-case scenario given the capacity expansion target, according to Jefferies.

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Ola Electric IPO to open in Rs 72-76 price band for subscription on August 2

Ola Electric IPO to open in Rs 72-76 price band for subscription on August 2

New Delhi, July 29 - Homegrown EV firm Ola Electric is set to offer shares in the price band of Rs 72-76 in its initial public offering (IPO) worth Rs 5,500 crore that will open for subscription on August 2 and close on

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MSMEs in India generated over 20.5 crore jobs in 4 years: Centre

MSMEs in India generated over 20.5 crore jobs in 4 years: Centre

New Delhi, July 29 - The micro, small and medium enterprises (MSMEs) in India have generated more than 20.5 crore jobs in the last four years, the Centre informed on Monday.

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Philippines submits $108.8 billion budget for 2025

Philippines submits $108.8 billion budget for 2025

Manila, July 29 - The Philippines' Department of Budget and Management (DBM) on Monday submitted the proposed 2025 budget or national expenditure program (NEP) to the House of Representatives for scrutiny.

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Adani Total Gas reports 20 pc PAT growth in Q1, overall volume up 17 pc

Adani Total Gas reports 20 pc PAT growth in Q1, overall volume up 17 pc

Ahmedabad, July 29 - Leading city gas distribution (CGD) company Adani Total Gas on Monday reported a robust operational and financial performance in the April-June quarter by achieving a 21 per cent EBITDA (Earnings before Interest, Tax, Depreciation, and Amortisation) growth at Rs

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Vistara becomes 1st Indian airline to offer free Wi-Fi on international flights

Vistara becomes 1st Indian airline to offer free Wi-Fi on international flights

New Delhi, July 27 - In some good news for flyers, Vistara on Saturday said it will offer 20 minutes of free Wi-Fi on international flights, making it the first Indian airline to allow this benefit.

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6.87 lakh women farmers registered for benefits under Centre’s FPO scheme

6.87 lakh women farmers registered for benefits under Centre’s FPO scheme

New Delhi, July 26 - As part of the Centre's campaign to empower women in rural areas, 810 Farmer Producer Organisations (FPOs) have been registered with 100 per cent women members, while out of the overall registration of 19,82,835, farmers in FPOs, as

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All states have got funds in Union Budget as in the past: FM Sitharaman

All states have got funds in Union Budget as in the past: FM Sitharaman

New Delhi, July 26 - Finance Minister Nirmala Sitharman said on Friday that just like in the past, all states have been allocated funds in the Union Budget 2024-25, and no state has been denied anything.

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It’s SEBI’s job to regulate futures and options market: Finance Minister

It’s SEBI’s job to regulate futures and options market: Finance Minister

New Delhi, July 26 - Union Finance Minister Nirmala Sitharaman said on Friday that it is the duty of the Securities and Exchange Board of India (SEBI) to regulate the futures and options (F&O) markets amid concerns over excess volatility in the derivatives

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India’s digital payments record double-digit growth: RBI data

India’s digital payments record double-digit growth: RBI data

Mumbai, July 26 - Digital payments in India have registered a 12.6 per cent increase year-on-year with the RBI's Digital Payments Index (RBI-DPI) rising to 445.5 at the end of March 2024 compared to 418.77 in September 2023 and 395.57 in March 2023.

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Nuclear power plants at Kudankulam delivers 100 billion kWh

Nuclear power plants at Kudankulam delivers 100 billion kWh

Chennai, June 26 - The two 1,000 MW nuclear power plants at Tamil Nadu's Kudankulam have delivered 100 billion kWh to the Indian power grid, Russian integrated atomic power major Rosatom said.

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India’s Forex reserves surge to lifetime high of $670.86 bn

India’s Forex reserves surge to lifetime high of $670.86 bn

Mumbai, July 26 - India's foreign exchange (Forex) reserves rose for the third-consecutive week to touch a new lifetime high of $670.86 billion as of July 19, according to the latest data released by the RBI on Friday.

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India now home to more than 1.4 lakh startups: Union Minister

India now home to more than 1.4 lakh startups: Union Minister

New Delhi, July 26 - India now has more than 1.4 lakh startups, as the government continues to nurture innovation and encourage investments in the ecosystem, Union Minister of State for Commerce and Industry, Jitin Prasada, informed on Friday.

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Indigo’s net profit drops 11.7 pc to Rs 2,728 cr in Q1, revenue up 17.3 pc

Indigo’s net profit drops 11.7 pc to Rs 2,728 cr in Q1, revenue up 17.3 pc

Mumbai, July 26 - Leading low-cost airline Indigo on Friday reported net profit at Rs 2,728 crore for the April-June quarter -- a drop of 11.7 per cent from Rs 3,090.6 crore in the same quarter last year.

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Apple set to manufacture high-end iPhone 16 Pro models in India, to arrive soon after global launch

Apple set to manufacture high-end iPhone 16 Pro models in India, to arrive soon after global launch

New Delhi, July 26 - In a fillip to the country’s local manufacturing success story, tech giant Apple is set to make its ‘Make in India’ iPhone 16 Pro and 16 Pro Max models available in the country right after the global launch

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Stock market in top gear after Budget, logs best weekly streak in last 6 years

Stock market in top gear after Budget, logs best weekly streak in last 6 years

Mumbai, July 27 - Indian stock market witnessed a stellar rally in the Budget week. Last week, Sensex and Nifty surged by 728 points or 0.90 per cent and 303 points or 1.24 per cent respectively. This was the eighth consecutive week when

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