Assam Chief Minister Himanta Biswa Sarma on Wednesday congratulated boxer Lovlina Borgohain for winning her inaugural bout and advancing to the quarterfinals of the 2024 Paris Olympics. Borgohain defeated Norway's Sunniva Hofstad 5-0 in the women's 75 kg round of 16. "Fantastic, Lovlina! What a start. Your performance in the round of 16 bout against Sunniva Hofstad was absolutely stunning. All the best for the quarterfinals, champ! the Chief Minister posted on X. Earlier in the day, Sarma had expressed... Читать дальше...
The volume push was led by Bajaj, which saw its vehicle registrations go up by a staggering 79 per cent to hit 16,269 in July over the previous month
Mumbai (Maharashtra) [India], July 31: Nexus Select Trust (NSE: NXST / BSE: 543913), India's first listed Retail REIT, reported results today for the first quarter ended June 30, 2024.
Mining conglomerate Vedanta Ltd on Wednesday said it has received clearances from leading exchanges BSE and NSE for its proposed demerger. The development assumes significance as it will pave the way for Vedanta's plan to split into six independent listed companies, including oil and gas and aluminium. "... BSE and NSE, vide their letters dated July 31, 2024 and July 30, 2024 respectively, have conveyed that they have 'no objections/no adverse observations', on the proposed scheme," Vedanta said in a regulatory filing. Читать дальше...
Standalone health insurance provider Star Health and Allied Insurance Company has reported an 18 per cent rise in its Gross Written Premium for the April-June 2024 quarter at Rs 3,476 crore. The company had recorded a Gross Written Premium of Rs 2,949 crore during the same period of last financial year. Investments assets grew by 19 per cent year-on-year to Rs 15,802 crore, with an investment income of Rs 295 crore. The city-based company in a statement on Wednesday said it made an underwriting profit... Читать дальше...
Toyota Kirloskar Motor (TKM) on Wednesday signed an agreement with the Maharashtra government to manufacture electric and hybrid cars, which Chief Minister Eknath Shinde said would revolutionise the automobile sector. The MoU (Memorandum of Understanding) was signed at Sahyadri Guest House in Mumbai. The company has inked the MoU to examine the setting up of a greenfield manufacturing facility at Chhatrapati Sambhaji Nagar, Toyota Kirloskar Motor (TKM) said in a statement. "Under the project, 4 lakh... Читать дальше...
How an elite institute that gave India many of its bureaucrats lost the plot
The earnings before interest, depreciation, and taxes (EBITDA) for the quarter were at Rs 223.06 crore as against Rs 197.66 crore during the same period in the previous year
A standard motor insurance plan has no cap on the number of kilometres (kms) a customer can drive. "In a PAYD plan, customers opt for a predefined number of kilometres
The pairing up cuts against increasing tensions between Washington, Beijing over future of automotive industry as China has lead in batteries and EV supply chain, and US has tried to push against it
The high returns from Initial Public Offerings (IPOs) of Small and Medium Enterprises (SMEs) in recent years, coupled with government support for the sector, have encouraged Alternative Investment Funds (AIFs) to explore this growth potential. AIF is a fund established or incorporated in India which is a privately pooled investment vehicle. Paradise Moon Investment Fund, an AIF, has announced its launch with the aim of raising Rs 750 crore over the next few years, targeting investors looking to leverage... Читать дальше...
The US lenders have alleged that Byju's founders unlawfully diverted $533 million in loan proceeds, the whereabouts of which are still unknown
India's market cap rises by Rs 25.5 trillion to Rs 463 ($5.5 trillion) in July
Postponement of Ratha Yatra, unforgiving summer, election season led to saturation
5 of Coal India's 7 subsidiaries met production targets in Q1, but none met offtake goals
Barring crude oil and refinery products, the remaining six sectors witnessed positive growth
Plans six new EVs by 2031, bets big on exports, rising CNG sales
India has shortage of animal fodder and the Department of Animal Husbandry and Dairying has been supplementing the efforts made by state governments to enhance fodder availability, union minister Rajiv Ranjan Singh alias Lalan Singh informed Parliament on Wednesday. To a query on whether the government was aware of the shortage of animal fodder faced by the farmers, Singh said in a written reply to the Rajya Sabha, "Yes Sir. The country is deficit in fodder". "The ICAR- Indian Grassland and Fodder... Читать дальше...
The government said that the amendments made in the MMDR Act have led to speedy auction and production from mines
Mumbai (Maharashtra) [India], July 31: Startek®, a global provider of customer experience (CX) solutions, announced that Startek Philippines was awarded The Philippines Best Employer Brand Award 2024 by the Employer Branding Institute. This esteemed recognition underscores the company's unwavering commitment to exceptional people practices and its dedication to delivering a consistently positive employee experience.
New Delhi [India], July 31: Birlasoft, a leading IT services and solutions provider, today reported its unaudited consolidated financial results for the first quarter ended June 30, 2024. Birlasoft is part of the USD 3 bn CK Birla Group, which has over 35,000 employees and operates 52 manufacturing facilities globally.
Sequentially, the Mumbai-based public-sector lender's profit declined from Rs 4,886 crore in the quarter ended March 2024 (Q4 of FY24)
Investors have earned an annual interest rate of 2.5% over the past 8 years on Sovereign Gold Bonds
A court here on Wednesday extended till August 13 the judicial custody of Delhi Chief Minister Arvind Kejriwal and his former deputy Manish Sisodia in a money laundering case related to the alleged excise scam. Special Judge Kaveri Baweja also extended the custody of BRS leader K Kavitha till then in the case. The judge further extended the judicial custody of Sisodia and Kavitha in a related corruption case, being probed by the CBI, till August 9. The court passed the order after the accused were... Читать дальше...
Deepak Fertilisers and Petrochemicals Corporation (DFPCL) on Wednesday reported 75.43 per cent growth in consolidated profit after tax at Rs 200 crore for June quarter FY25. The company's profit after tax (PAT) stood at Rs 114 crore during the corresponding quarter of the previous financial year, DFPCL said in a regulatory filing. Revenue declined to Rs 2,281 crore from Rs 2,313 crore due to lower commodity prices. The company said the first quarter of previous year saw a one-time impact of Rs 161... Читать дальше...