New Delhi: The markets regulator SEBI has revised the method for calculating the market capitalisation of listed companies under the Listing Obligations and Disclosure Requirements (LODR) rules.
New Delhi: The government has asked its state-run oil refiners and private company Reliance Industries Ltd. to collaborate on negotiating a long-term supply agreement with Russia, Bloomberg reported.
New Delhi/IBNS: Competition Commission of India (CCI)'s chairperson Ravneet Kaur on Monday said that the country's apex national competition regulator will soon come out with a new set of merger regulations, giving effect to competition law amendments enacted last year.
Mumbai/IBNS: Silver prices on Monday (May 20) climbed by 4.66 percent, settling at 95267, fueled by strong investment and industrial demand, reports said.
Mumbai: Akzo Nobel India reported a 14% year-on-year increase in its fourth-quarter net profit, reaching Rs 108.8 crore.
Kolkata: Amazon India has announced the launch of the fourth season of Propel – a global business accelerator for startups in the consumer products space.
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Mumbai/IBNS: Indian stock markets are open today (Saturday, May 18) as both the benchmark indices -- National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) -- are holding a special trading session.
Mumbai: JSW Steel reported a 64% year-on-year (YoY) decline in consolidated net profit for the quarter ended March 2024 to Rs 1,299 crore, compared to Rs 3,664 crore in the same period last year.
Mumbai: Indian IT services firm Wipro’s Chief Operating Officer Amit Choudhary has resigned to pursue opportunities outside the organization, according to an exchange filing by the company.
Mumbai: Private sector lender Bandhan Bank reported a steep decline of over 93 percent in its net profit, which fell to Rs 54.63 crore in the January-March quarter (Q4) of the financial year 2023-24, compared to Rs 808.29 crore in the same period of the previous fiscal year, 2022-23.
New Delhi: India should intensify manufacturing activities to increase its share in global value chains and attain self-reliance aided by government policies, Finance Minister Nirmala Sitharaman said on Friday.
New Delhi: The Delhi High Court on Friday reversed its previous decision that upheld the arbitral award favouring Kalanithi Maran over low-cost airline SpiceJet, bringing relief to the financially struggling carrier.
Kolkata: Solar module manufacturer Vikram Solar has secured a landmark 397.7 MWp module supply order for NTPC Renewable Energy Limited.
Mumbai: Reliance Retail has announced a long-term partnership with ASOS, the UK-based premier online fashion retailer catering to people in their twenties.
Mumbai: Nifty opened flat on Friday in line with global cues. After an initial knee-jerk reaction, the index traded in the positive zone and settled at 22,466 levels.
Tata-owned aviation major Air India has announced its partnership with MedAire, an aviation medical support provider, to ensure emergency healthcare services to its passengers and crew on board its flights.
The global economic picture has improved since January, but vulnerabilities remain, the mid-year update of the World Economic Situation and Prospects report published on Thursday has revealed.
New Delhi: Indian software firm Zoho is considering venturing into chipmaking and is seeking incentives from the central government, Reuters reported citing two sources familiar with the proposal.
New Delhi: Vodafone Idea, a leading private sector telecom company with a government stake of 32.2%, recorded a loss of Rs 76,746 million (Rs 7,674.6 crore) in the fourth quarter of the financial year 2023-24, compared to Rs 64,189 million (Rs 6,418.9 crore) in the same period of 2022-23.
Mumbai: Motherson Sumi Wiring India announced a 38% increase in fourth-quarter profit on Thursday, attributed to robust demand in the automotive sector.
Bengaluru/Naini: ITI Limited, the country’s first PSU post-independence and premier telecom manufacturing company has received LoIs worth Rs. 37.5 Crores from Bihar Renewable Energy Development Authority (BREDA) for the installation of Solar Street light Systems.
Indian fintech major PhonePe on Wednesday it has enabled UPI payment acceptance in collaboration with LankaPay across LankaQR merchant points.
New Delhi/IBNS: India registered record exports in the just concluded fiscal year 2023-24 at USD 778 billion, ANI reported, citing sources in the commerce ministry.
Mumbai/IBNS: American private investment firm Bain Capital and Singapore-based Temasek have partnered to compete with Blackstone-led consortium for a majority stake in Haldiram Snacks Food, potentially India's largest private equity purchase to date, reports Economic Times.
Kolkata: Shyam Metalics has reported a Consolidated Profit After Tax of Rs. 220 crores for Q4FY24 against Rs. 126 crores for Q3FY24. Further, the Consolidated Profit After Tax for FY24 was Rs. 1,029 crores against Rs. 843 crores for FY23.
New Delhi: Power Finance Corporation (PFC) on Wednesday announced a consolidated net profit of Rs 7,556 crore for the fourth quarter of FY24, an over 23 percent year-on-year (Y-o-Y) jump.
Washington: US inflation showed signs of easing as the growth was less than anticipated, indicating a continuation of its downward trajectory at the beginning of the second quarter.
Mumbai: HDFC Life Insurance on Wednesday declared its highest-ever bonus of Rs 3,722 crore on participating plans to nearly 22.23 lakh policyholders.
Mumbai: The promoters of Cipla have sold a 2.53% stake in the company for 'creating liquidity' for specific needs including 'philanthropy', the Mumbai headquartered pharma major said on Wednesday.
