Business News
Apr 25, 2024
Mumbai, April 25 (IANS) The Reserve Bank of India (RBI) on Thursday cautioned the public against Prepaid Payment Instruments issued by unauthorised entities.
Apr 25, 2024
New Delhi, April 25 (IANS) After credit card data of at least 17,000 new ICICI Bank customers was exposed and reached "wrong users", the bank said on Thursday that it has blocked these cards and is...
Apr 25, 2024
New Delhi, April 25 (IANS) The Central Board of Direct Taxes (CBDT) on Thursday extended the deadline for filing Form 10A/Form 10AB by trusts, institutions, and funds under the Income-tax Act till...
Apr 25, 2024
Mumbai, April 25 (IANS) L&T Technology Services Ltd on Thursday reported a net profit of Rs 1,304 crore in FY24, an 8 per cent growth, with revenue of Rs 9,647 crore which is a 9 per cent growth...
Apr 25, 2024
New Delhi, April 25 (IANS) Power major SJVN Ltd has achieved a significant milestone with the inauguration of India's first multipurpose Green Hydrogen Pilot Project at its 1,500 MW Nathpa Jhakri...
Apr 25, 2024
Mumbai, April 25 (IANS) The Nifty rose for the fifth consecutive session even as the volatility index inched up on Thursday, while the Sensex also made gains of over 480 points.
Apr 25, 2024
New Delhi, April 25 (IANS) Google on Thursday said that it has opened applications for this year's 'Startups Accelerator: AI First' programme in India.
Apr 25, 2024
New Delhi, April 25 (IANS) A sustained flare-up in geopolitical tensions in the Middle East, and the consequent increase in crude oil prices, would negatively impact Indian macros, ratings agency...
Apr 25, 2024
New Delhi, April 25 (IANS) The NDA rule of the last 10 years has shown superior numbers on GDP growth, inflation, CAD (Current Account Deficits), unemployment and FDI ex of pandemic year compared to...
Apr 25, 2024
New Delhi, April 25 (IANS) IT software major Tech Mahindra on Thursday reported its consolidated profit after tax (PAT) at Rs 2,358 crore for FY24, down 51.2 per cent (year-on-year).
Apr 25, 2024
Chennai, April 25 (IANS) The Indian rupee is expected to appreciate to about Rs 82–82.50 in FY25 while in the near term, it will trade between Rs 83-83.50 against the US dollar, a top economist with...
Apr 25, 2024
Ahmedabad, April 25 (IANS) ACC Limited, a subsidiary of Ambuja Cements, on Thursday announced lifetime high annualised profit after tax (PAT) at Rs 2,337 crore in FY24, up a staggering 378 per cent (...
Apr 25, 2024
New Delhi, April 25 (IANS) The board of directors of Nestle India has approved the execution of a definitive agreement to form a joint venture with Dr. Reddy’s Laboratories for nutritional health...
Apr 25, 2024
New Delhi, April 25 (IANS) Luxury car maker BMW on Thursday launched another all-electric car, BMW i5 M60 xDrive, in India at an ex-showroom price of Rs 1,19,50,000.
Apr 25, 2024
New Delhi, April 25 (IANS) As India embarks on its ambitious semiconductor journey, providing strategic support for chip design firms, bridging the skill gap, enhancing funding mechanisms, leveraging...
Apr 25, 2024
New Delhi, April 25 (IANS) Nearly one in four Indians (22 per cent) have said they recently came across political content they later discovered to be deepfake, a new report revealed on Thursday.
Apr 25, 2024
New Delhi, April 25 (IANS) Dell Technologies on Thursday launched a new gaming laptop -- Alienware x16 R2, in India, powered by the latest Intel Core Ultra processor.
Apr 25, 2024
Rotterdam, April 25 (IANS) India's Power Secretary Pankaj Agarwal highlighted the steps that the Narendra Modi government was taking to promote solar power in the country to help convergence towards...
Apr 25, 2024
New Delhi, April 25 (IANS) Online food delivery platform Swiggy is planning to file for an initial public offering (IPO) worth $1.2 billion this year after receiving an approval from its shareholders...
Apr 25, 2024
Seoul, April 25 (IANS) Hyundai Motor said on Thursday that its first-quarter net profit slipped 1.3 per cent (year-on-year) amid a slowdown in sales due to a temporary shutdown of one of its Korean...
Apr 25, 2024
New Delhi, April 25 (IANS) German luxury car manufacturer Audi on Thursday announced a price hike of up to two per cent across its model range in India owing to rising input and transportation costs...
Apr 25, 2024
Mumbai, April 25 (IANS) The top management of Kotak Mahindra Bank has gone into damage-control mode after RBI barred the lender on Wednesday from taking new customers online and issuing fresh credit...
Apr 25, 2024
New Delhi, April 25 (IANS) While foreign institutional investors (FIIs) sold heavily in the past few days, the selling has been countered by domestic funds.
Apr 25, 2024
Mumbai, April 25 (IANS) Shares of Kotak Mahindra Bank crashed by as much as 12 per cent in morning trade on Thursday to Rs 1,620 on BSE as investors dumped the stock following the RBI crackdown on...
Apr 25, 2024
New Delhi/Seoul, April 25 (IANS) The chief of Hyundai Motor Group recently visited India and laid out a vision to bolster its operations there to utilise the country as a key export hub for the South...
Apr 25, 2024
Seoul, April 25 (IANS) SK hynix said on Thursday it swung to a profit in the first quarter of this year on the back of rising global demand for premium memory chip products used for artificial...
Apr 25, 2024
New Delhi, April 25 (IANS) Leading IT company Happiest Minds Technologies on Thursday said it has acquired Noida-based PureSoftware Technologies for $94.5 million (Rs 779 crore).
Apr 25, 2024
San Francisco, April 25 (IANS) IT major IBM has acquired multi-cloud infrastructure automation company HashiCorp for $35 per share in cash, or an enterprise value of $6.4 billion.
Apr 24, 2024
New Delhi, April 24 (IANS) Infina Finance, one of the promoter group entities of Kotak Mahindra Bank which was barred by the RBI on Wednesday from onboarding new customers, had donated electoral...
Apr 24, 2024
New Delhi, April 24 (IANS) Graphics chip giant Nvidia on Wednesday said it has acquired Run:ai, a Tel Aviv-based workload management and orchestration software provider.
Apr 24, 2024
Bhubaneswar, April 24 (IANS) Khanij Bidesh India Limited (KABIL) signed a Memorandum of Understanding (MoU) with the Council of Scientific and Industrial Research - National Geophysical Research...
Apr 24, 2024
New Delhi, April 24 (IANS) Adani Group stocks remained steady on Wednesday after the Securities and Exchange Board of India (SEBI) initiated a probe against two foreign portfolio investors, including...
Apr 24, 2024
New Delhi, April 24 (IANS) Financial services platform Northern Arc on Wednesday said that it secured $80 million in funding from the International Finance Corporation (IFC), a member of the World...
Apr 24, 2024
New Delhi, April 24 (IANS) India's manufacturing industry's intent to hire fresh graduates has jumped to 48 per cent in the first half (January-June) of 2024, an increase of seven per cent from 41...
Apr 24, 2024
Mumbai, April 24 (IANS) Axis Bank on Wednesday reported a net profit of Rs 7,130 crore for the January-March quarter of 2023-24 compared to a loss of Rs 5,762 crore in the same quarter last year...
Apr 24, 2024
New Delhi, April 24 (IANS) Chip-maker Qualcomm on Wednesday expanded its Snapdragon X Series portfolio with a new platform to deliver better performance, longer battery life and on-device AI...
Apr 24, 2024
London, April 24 (IANS) The UK's Competition and Markets Authority (CMA) on Wednesday launched a preliminary probe into partnerships between tech giants over artificial intelligence (AI), like...
Apr 24, 2024
Mumbai, April 24 (IANS) The Reserve Bank of India (RBI) on Wednesday issued an alert against unauthorised entities offering foreign exchange (forex) trading facilities to Indian residents with...
Apr 24, 2024
Gurugram, April 24 (IANS) REC Limited, a Maharatna public sector company and a leading NBFC, has signed an agreement with Chenab Valley Power Project Private Limited (CVPPPL) for providing a term...
Apr 24, 2024
Mumbai, April 24 (IANS) Fast-moving consumer goods (FMCG) giant Hindustan Unilever Ltd (HUL) on Wednesday reported a 6 per cent decline in net profit to Rs 2,406 crore for the January-March quarter...
Apr 24, 2024
New Delhi, April 24 (IANS) Singapore-based startup Zilingo came back to the news after its co-founder and former CEO, Ankiti Bose, filed a first information report (FIR) against co-founder Dhruv...
Apr 24, 2024
Mumbai, April 24 (IANS) The Reserve Bank of India (RBI) on Wednesday directed Kotak Mahindra Bank Limited to stop onboarding of new customers through its online and mobile banking with immediate...
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