On Thursday, food delivery major Zomato reported a multifold jump in consolidated net profit to Rs 253 crore for the June quarter of FY25, compared to Rs 2 crore in the year-ago period. Its quarterly revenue grew 74% to Rs 4,206 crore in the same period.
Neuland Labs, Wealth First Portfolio Managers, SJS Enterprises, Platinum Industries and Zomato, hit their fresh 52-week highs during the day.
Delhivery Q1 Results Q1FY25: Its revenue from services jumped 12.6% year-on-year (YoY) to Rs 2,172 crore, up from Rs 1,930 crore in the same quarter of the previous year. | Quarterly Reports Latest News
Delhi's Asha Kiran shelter home saw 14 inmate deaths in July, some due to comorbidities. Revenue Minister Atishi ordered a magisterial inquiry into the deaths, promising action against any negligence. The Social Welfare Department remains headless following Raaj Kumar Anand's resignation. A preliminary report on the probe is awaited within 24 hours.
The Indian Railways launched 102 Vande Bharat trains to operate alongside existing services. These new Chair Car variants, covering distances up to 760 km, connect states with Broad Gauge electrified networks. Railway Minister Ashwini Vaishnaw provided this information while addressing questions in the Rajya Sabha on July 29, 2024.
Even though Angela Carini said she wasn't making a political statement about Khelif, who was disqualified from last year's world championships after failing an unspecified gender eligibility test, the move reopened debate about Khelif's status. The 25-year-old Carini competes in the 66-kilogram (145.5-pound) class, otherwise known as welterweight. She won silver medals at both the world and European championships in 2019.
According to data from ACE MF, six new mutual fund NFOs are currently open for subscription. These include schemes across five different categories: two thematic funds, one large-cap fund, one index fund, one domestic fund of funds (FoF), and one ETF.
Oil prices held steady on Friday but remained on course for a fourth successive weekly decline as signs of weak growth in global fuel demand outweighed fears of supply disruption in the Middle East.
Milan-based EuroGroup Laminations (EGLA) - which specialises in stators and rotors, two key components of electric motors and generators - supplies manufacturers in the automotive and wider industrial sectors.
India's government allocated Rs 36,397.65 crore for providing free Covid vaccines to states and UTs. As of July 29, 2024, 220.68 crore doses were administered. Vaccine allocation considered target population, progress, and wastage. India's 'Vaccine Maitri' program distributed 3012.465 lakh doses abroad. Significant funds were invested in research, development, and manufacturing support for vaccines.
Rao said that on a visit to any state ruled by a non-BJP government, one can see how the Centre misuses government machinery across India to topple and destabilise state governments and create confusion within the government there, by making false accusations, putting pressure on opposition leaders and getting them into trouble.
Harbhajan Singh called out a Pakistani fan on social media for making fun of Irfan Pathan during the India ODI World Cup 2023. The fan alleged that Babar Azam refused an interview with Pathan. Harbhajan criticized the language used by the fan. Pakistan did not advance to the semi-finals after losing multiple group matches.
The company cut its stake to 427,895 class A shares from 855,789 shares. The change in holdings is as of June 30.
The Nifty Bank index closed 0.41 per cent down at 51350.15.
The Madhya Pradesh high court halted a case involving siblings, aged 24 and 11, accusing their parents of physical abuse and restricting TV and mobile access. Charges were filed under the Juvenile Justice Act and Indian Penal Code. The siblings now live with their paternal aunt and have refused to return home, citing family disputes.
The payment firm also reported a healthy growth in net profit with its overall take rate from the business going up to 11 basis points from around 8 basis points previously.
A study has found that these Indian coastal lands are at risk of getting submerged within 15 years. Here is the complete list:
Delhi weekend getaway: Known as the Pink City, Jaipur offers a blend of historical grandeur and vibrant culture.
During the proceedings, the High Court requested the Central Vigilance Commission (CVC) to appoint a senior official to monitor the investigation. The court also noted that there are issues in the functioning of the Government of National Capital Territory of Delhi (GNCTD) and that a comprehensive review of the entire setup is necessary.
Indian benchmark indices declined on Friday, weighed down by losses in metals and IT stocks, following a global market sell-off. Despite this drop, seven large and midcap stocks from the Nifty200 index achieved new 52-week highs during the trading session.
Alessia Berardi, Head of Emerging Macro and Strategy, from Amundi Investment Institute, noted the increased interest in India's market. She highlighted that despite the high valuations, investors are drawn due to India's growth potential and regulatory improvements. Key investment themes include consumption, manufacturing, and digital innovation. Risks involve potential equity oversupply and market fluctuations.
Byju's had signed a jersey sponsorship agreement with BCCI in March 2019 for three years, which was extended by a year. The company made the payments till September 2022 and the dispute is over the period from October 2022 to March 2023.
All provisions as per Income Recognition, Asset Classification, and Provisioning (IRACP) norms, regardless of whether they are accounted for under “BDDR” or another head, must be charged as an expense to the P&L Account in the accounting period in which they are recognised. These provisions will continue to be eligible for regulatory capital purposes as defined in existing capital adequacy guidelines.
Angela Carini of Italy withdrew from Imane Khelif of Algeria's Olympic boxing debut battle on Thursday after just 46 seconds of action.
Aurm intends to install 5000 secure deposit lockers in 25 Bangalore residential societies by year-end, aiming to tackle the increased demand for secure storage due to limited bank lockers. Co-founder Ganesh Balakrishnan noted the rise in valuables thefts and plans to expand to Hyderabad and Mumbai next year.
