Indian Market: Sensex down over 200 points
The BSE Sensex on Monday slipped 244.81 points to 64,994.77 in the opening session on profit booking by local operators.
Finance
Muhurat Trading: Sensex up 354.77 pts
The equity market maintained its gaining streak intact on the Muhurat Trading on Sunday as the BSE Sensex rallied 354.77 pts at 65,259.45, the beginning of Samvat 2080.
Indian mutual fund industry posts stellar growth in inflows across most fund categories
Mumbai: The Indian mutual fund industry registered a stellar performance with net inflows growing by a whopping 473 percent at Rs 80,528 crore in the month of October 2023, as against Rs 14,047 crore in October 2022.
Massive security at Tripura’s Mata Tripureswari Temple as thousands throng to offer prayers on Diwali
Agartala: Elaborate security arrangements have been made at Udaipur in Tripura’s Gomati district, where thousands of devotees have been gathering in serpentine lines since early Sunday morning to offer obeisance and make offerings at the Mata Tripureswari Temple—one of the 51 Shakti Peethas, on Diwali.
Muhurat Trading: Sensex moves up by 500 points
The BSE Sensex soared 514 pts to open at 65,418.98 in a special one-hour trading session, as the ‘Muhurat’ Trading session, on Sunday, the beginning of Samvat 2080.
Walmart to host growth summit to partner with Indian suppliers for exports
Today, Walmart announced the application process will open on November 9, for the company’s first Growth Summit in India, offering export-ready suppliers, micro-, small- and medium-size enterprises (MSMEs), cross-border trade suppliers, and innovative supply chain companies an opportunity to pitch for business.
Indian Market: Special session on BSE, NSE on Sunday
The Bombay Stock Exchange (BSE) and National Stock Exchange (NSE) will conduct a special one-hour trading session, as the ‘Muhurat’ Trading session, on Sunday, the beginning of Samvat 2080.
Senco Gold Ltd Q2FY24 PAT rises 36% YoY to Rs 12 cr; revenue at highest Rs 1,158 cr
Kolkata: Indian jewellery retailer Senco Gold Ltd Friday reported 36% year-on-year (YoY) growth in PAT for the quarter ending September 30, 2023, reaching Rs 11.9 crore, while at H1 level the net profit rose 26% compared to the year ago period.
Annapurna Swadisht operating revenue surges by nearly 100% to Rs 131 cr in H1FY24
Kolkata-based food and beverages company, Annapurna Swadisht Limited (ASL), reported a significant increase in revenue and profit for H1FY24, with a near 100% surge in revenue to Rs 131.13 crore and a 128% rise in profit after tax to Rs 6.56 crore.
Commerce and Industry Minister Piyush Goyal to visit US from Nov 13-16 for IPEF ministerial meet
New Delhi: Commerce and Industry Minister Piyush Goyal is scheduled to visit San Francisco from November 13-16 to take part in the ministerial meeting of the Indo-Pacific Economic Framework (IPEF).
Eicher Motors Q2FY24 consolidated PAT grows 55% to Rs 1,016 cr
Mumbai: Eicher Motors announced an impressive 55% growth in its consolidated net profit at Rs 1,016 crore for the second quarter concluding on September 30, 2023, on the back of strong sales.
Pidilite Industries to foray into lending business
Mumbai: Adhesive-maker Pidilite Industries announced on November 8 its intention to venture into the lending sector, underscoring a commitment to offering credit through small retail loans.
MSME sector crosses 15 cr employment mark with over 3 cr MSMEs registered on Udyam Portal: Minister Narayan Rane
New Delhi: The MSME sector has achieved a significant milestone by generating over 15 crore employment opportunities, Union Minister Narayan Rane said in a social media post.
ED attaches Hero MotoCorp Exec Chairman Pawan Munjal's property worth Rs 25 cr
New Delhi: The provisional attachment carried out under the Prevention of Money Laundering Act (PMLA), includes three immovable properties situated in Delhi.
Gross Direct Tax collection grows 18% YoY to Rs 12 lakh cr up to Nov 9
New Delhi: The Direct Tax collections up to November 9, 2023, continued to register steady growth with the Gross Direct Tax collections witnessing a 17.59% growth to Rs 12.37 lakh crore, compared to the corresponding period of last year.
NHAI accepts first Insurance Surety Bond as bid security for NHAI TOT Bid for monetisation
New Delhi: To boost the liquidity and capacity of bidders, NHAI has accepted an Insurance Surety Bond for the monetization program of the upcoming bid of Toll Operate Transfer (TOT) Bundle 14.
India's maiden banana shipment to Netherlands signals potential for $1 billion export boost in 5 yrs
New Delhi: The Agricultural and Processed Food Products Export Development Authority (APEDA), operating under the Ministry of Commerce and Industry, has facilitated the export of the first trial shipment of fresh bananas to the Netherlands, by InI Farms, via a sea route.
ONGC Q2FY24 PAT jumps 142% to Rs 16,553 cr
Mumbai: Oil and Natural Gas Corporation Limited (ONGC) Friday disclosed a massive 142.4 percent surge in its consolidated net profit at Rs 16,553 crore during the second quarter of the fiscal year 2023-24.
LIC Q2FY24 profit DROPS 50% to Rs 15,952 cr
Mumbai: Life Insurance Corporation (LIC) of India declared a 50 percent decrease in net profit, amounting to Rs 7,925 crore, for the quarter ending on September 30, 2023. This marks a massive drop from the net profit of Rs 15,952 crore reported during the corresponding period last year.
Coal India Ltd consolidated PAT grows 13% YoY to Rs 6,800 cr
Mumbai: State-run miner Coal India Ltd Friday announced a 12.5 percent year-on-year increase in its consolidated net profit at Rs 6,800 crore for the quarter ending September 30, 2023, compared to Rs 6,043.5 crore in the same period last year.
Rupee opens steady at 83.28 against USD
Mumbai/UNI: The Rupee on Friday opened on a flat note at 83.28 on selling of US Dollar by bankers and exporters, dealers at the Foreign Exchange said.
Sensex down by over 200 points
Mumbai/UNI: The BSE Sensex on Friday lost another 214.49 pts at 64,617.71 as selling was seen across the board.
Bridgestone India's Indore Plant rolls out 100 millionth tyre
Kolkata: Bridgestone India, part of Bridgestone Corporation, on Monday said its Indore plant rolled out 100 millionth tyre, an achievement coinciding with the tyre manufacturer's silver jubilee in India.
Former Miss India and Yale University grad Aditi Arya weds Uday Kotak's son Jay Kotak
Mumbai: Former Miss India Aditi Arya, who also holds an MBA from Yale University, recently got married to Jay Kotak, the son of billionaire banker Uday Kotak, at the Jio Convention Centre in Mumbai. The additional celebrations took place in Udaipur, reported MoneyControl.
Hinduja Global Solutions Q2FY24 consolidated profit drops 92% to Rs 223 cr, grows 11% QoQ
Mumbai: Business process management company Hinduja Global Solutions declared a consolidated profit of Rs 18.4 crore in the quarter ending September 30, 2023, down approximately 92%, compared to Rs 222.88 crore in the same quarter last year.
ICICI Bank gets RBI's nod to make ICICI Securities wholly-owned subsidiary
Mumbai: ICICI Bank Thursday said it has received approval from the Reserve Bank of India to make ICICI Securities its wholly-owned subsidiary.
Piyush Goyal, Elon Musk meeting in US amid reports of Tesla's entry to Indian market with imported cars: Report
New Delhi: Union Commerce and Industry Minister Piyush Goyal, is scheduled to meet with Tesla CEO Elon Musk in the United States next week to further the U.S. carmaker's efforts to enter the Indian market as New Delhi looks to protect its interests in the deal, Reuters reported.
Apollo Tyres Q2 net profit jumps 164% to Rs 6,280 cr
Gurugram: Apollo Tyres Ltd Wednesday reported a net profit of Rs 474 crores for the quarter ended September 30, 2023, up 164%, as against Rs 179 crores in the same period last fiscal.
US invests $553 million Adani port in Sri Lanka amid growing Chinese influence
Colombo: U.S. International Development Finance Corporation (DFC) has announced a funding of $553 million in Colombo West International Terminal Pvt. Ltd. (CWIT) – a consortium of India's largest port operator Adani Ports and SEZ Ltd., Sri Lanka's leading enterprise John Keells Holdings (JKH) and the Sri Lanka Ports Authority.
Reliance Capital reports consolidated net loss of Rs 239 cr in Q2
New Delhi: Reliance Capital reported a consolidated net loss of Rs 239 crore for the quarter ending on September 30, 2023-24.