Bengaluru/IBNS: Major investors, including Norway’s sovereign wealth fund Norges and Fidelity, have placed bids exceeding $15 billion for Swiggy’s IPO, which is set to be launched next week, Reuters reported, citing its sources on Thursday (Oct. 31).
Mumbai: Aditya Birla Capital Ltd (ABCL) reported a remarkable 42% year-on-year increase in consolidated net profit for Q2 FY25, reaching Rs 1,001 crore, driven by strong growth in its lending and insurance sectors.
Mumbai: Bharti Telecom Ltd., owned by billionaire Sunil Bharti Mittal, is planning to raise approximately Rs 8,500 crore (around $1.01 billion) in the domestic bond market, reported Bloomberg.
Mumbai: Welspun Enterprises has reported around 11 percent fall in consolidated net profit at Rs 61.56 crore for September quarter FY25 on account of higher expenses.
Mumbai: Procter & Gamble Hygiene and Health Care Ltd (PGHH) reported a slight increase of 0.57% in profit after tax, to Rs 211.90 crore for the first quarter ended September 2024, media reports said.
Mumbai: Procter & Gamble Hygiene and Health Care Ltd (PGHH) reported a slight increase of 0.57% in profit after tax, to Rs 211.90 crore for the first quarter ended September 2024, media reports said.
São Paulo/ Mumbai: Tata Consultancy Services (TCS) has entered a 10-year strategic partnership with Insper, a prominent Brazilian higher education and research institution, aimed at accelerating industry innovation for TCS clients in South America through advanced technologies like AI, GenAI, IoT, and spatial computing.
Bengaluru: Ola Electric, India’s largest e-scooter manufacturer, has boosted service centre capacity nationwide by more than 30% to improve its after-sales service, media reports said.
New Delhi: India’s fiscal deficit for the first half of the current fiscal year, ending in September, reached Rs 4.75 lakh crore, or 29.4% of the Budget Estimate (BE), according to the Controller General of Accounts (CGA) data released today.
Mumbai: JSW Energy, part of the Sajjan Jindal-led conglomerate, has emerged as the highest bidder for the bankrupt KSK Mahanadi Power Company, according to a company filing on Tuesday.
Mumbai: Dabur India Ltd, a leading Indian FMCG company, reported a 17.65% drop in consolidated net profit, reaching Rs 417.52 crore for the September 2024 quarter.
New Delhi/IBNS: The Reserve Bank of India (RBI) is expected to reduce its key policy rate by 25 basis points to 6.25 percent in December this year to support India's slowing economic growth, according to a narrow majority of economists surveyed in a Reuters poll.
New Delhi/IBNS: Mohit Jain, a resident of Delhi, claimed that Blinkit, one of the leading Indian quick-commerce platforms, delivered a 0.5-gram gold coin instead of the one-gram coin he had ordered.
California/IBNS: Google is set to introduce changes to its Local Services ads, which may significantly impact millions of small businesses, reports the Associated Press (AP).
New Delhi/IBNS: The Reserve Bank of India (RBI) on Wednesday (Oct. 30) announced the relocation of another 102 tonnes of gold from the Bank of England's vaults in London to secure locations within India.
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Mumbai/IBNS: JSW Steel has entered into a strategic partnership with South Korea’s POSCO to collaborate on steelmaking, electric vehicle (EV) batteries, and renewable energy initiatives.
New York/IBNS: Oil prices fell by about $4 per barrel on Monday (Oct. 28) after Israel's weekend counterstrike on Iran left key oil and nuclear sites untouched, easing concerns over potential disruptions to energy supplies.
Mumbai/IBNS: Swiggy, the leading Indian food and grocery delivery company, is set to launch its initial public offering (IPO) to raise Rs 11,300 crore.
New Delhi/IBNS: The Union Ministry of Finance (MoF) on Monday (Oct. 29) highlighted emerging challenges in the Indian economy, including weakening consumer sentiment and declining urban demand, along with a slowdown in industrial activity.
New Delhi/IBNS: Apple's iPhone exports from India surged by a third in the six months leading up to September, highlighting the company's strategic shift to expand its manufacturing footprint in India and reduce reliance on China, reports Bloomberg.
New Delhi: Amazon India said on Monday that it has entered into an initial agreement with state-owned Hindustan Petroleum Corporation Ltd (HPCL) to drive the development and adoption of Low Carbon Fuels (LCFs) for long-haul transport in India.
New Delhi: Amazon India said on Monday that it has entered into an initial agreement with state-owned Hindustan Petroleum Corporation Ltd (HPCL) to drive the development and adoption of Low Carbon Fuels (LCFs) for long-haul transport in India.
Mumbai: Private sector lender Federal Bank reported an 11 percent year-on-year rise in net profit, reaching Rs 1,057 crore for the September quarter, up from Rs 954 crore.
New Delhi: Competitive debt financing is more advantageous than grants and is a strategic tool for advancing renewable energy projects, according to Chairman and Managing Director of Indian Renewable Energy Development Agency Limited (IREDA) Pradip Kumar Das.
Mumbai: Suzlon Energy reported a 95.71% increase in consolidated net profit attributable to its owners, driven by higher revenue and a robust order inflow for the quarter ending September 30, 2024 (Q2FY25).
Gurugram: Tata Group-owned Air India has received the Design Organisation Approval (DOA) from the Directorate General of Civil Aviation (DGCA) designated as CAR 21 approval, the airline said in a press release.
Mumbai: NTPC Green Energy Ltd, a subsidiary of NTPC Ltd, has received SEBI's final approval to raise Rs 10,000 crore through an initial public offering (IPO).
New Delhi/IBNS: The Central Board of Direct Taxes (CBDT) announced an extension for corporate income tax return filing for the Assessment Year (AY) 2024-25.
Mumbai: Afcons Infrastructure Ltd, the flagship engineering and construction firm of Shapoorji Pallonji Group, made its stock market debut today.
