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World Press Freedom Day on May 3 highlights the importance of press freedom, established in 1993 by the UN General Assembly. It marks the sacrifices of journalists like Jagendra Singh, Rajdeo Ranjan, Tarun Mishra, and Gauri Lankesh in India. Globally, journalists like Guillermo Cano Isaza, Daniel Pearl, Marie Colvin, Daphne Caruana Galizia, James Wright Foley, and Anna Stepanovna Politkovskaya faced tragic ends while reporting.
D2C and E-commerce brands lead in retention-led marketing careers: Report
Around 52.6 per cent of the respondents belonged to the marketing teams within their organization while 31.6 per cent were in growth teams and 15.8 per cent in product teams.
Apple CEO Tim Cook announces record revenues in India for Q1 2024 despite overall revenue and iPhone sales drops. Cook emphasized local production's importance for competitiveness. CFO Luca Maestri highlights significant revenue growth in emerging markets.
Adani Enterprises says there was no material consequential effect of the show cause notices to relevant financial statements
Titan Results Live Updates: Titan Company is likely to report revenue growth of 16% YoY in the fourth quarter of FY24, despite a likely demand moderation in the jewellery segment, with its net profit estimated to rise 8.2% YoY.
SLN Coffee appoints Sahib Singh as new CEO
Sahib Singh comes with an illustrious background, having worked with HUL and Unilever in the past
SIS eyes 20% revenue growth for FY25
SIS expects its India operations to witness double digit growth in revenue while overseas business growth is pegged in single digits
Indegene offers value to life sciences, needs price discovery
The Bengaluru-based company is rolling out a 1,842 crore initial public offering comprising a fresh issue of 760 crore and an offer of sale of 1,082 crore. The IPO represents 17% of the company's post-issue paid-up capital. Proceeds of the issue will be used to trim debt and for capex.
Dabur India says Badshah Masala products are in compliance with domestic and international norms
Daburs spice products for international markets undergo steam sterilisation and microbial testing, and there is an in-house micro lab for quality control.
Made-in-India parts to fuel JSW-MG Motor alliance India drive
MG Motors Comet EV, a small urban hatch, is likely to benefit from the government's PLI scheme due to its increased focus on localization and an Indian pedigree.The ministry of heavy industries may again review MG Motor Indias application to the PLI scheme for the auto sector
KKR, Novo Nordisk, others bid for Healthium buy
Global PE major KKR and pharma major Novo Nordisk have submitted final bids for Healthium. A third, joint bid has come from India-focused PE firm ChrysCapital and Mankind Pharma.
Chinese EV-makers are leaving Western rivals in the dust
They have shone at Beijings car jamboree
Vivanza Biosciences Q4 Results Live : loss rise by 309.27% YOY
Vivanza Biosciences Q4 Results Live : Revenue decreased by 46.32% YoY & loss increased by 309.27% YoY
Castrol India Q1 Results Live : profit rise by 6.79% YOY
Castrol India Q1 Results Live : Revenue increased by 2.42% YoY & profit increased by 6.79% YoY
REC Q4 Results Live : profit rise by 33.07% YOY
REC Q4 Results Live : Revenue increased by 22.06% YoY & profit increased by 33.07% YoY
Greenpanel Industries Q4 Results Live : profit falls by 56.76% YOY
Greenpanel Industries Q4 Results Live : Revenue decreased by 10.15% YoY & profit decreased by 56.76% YoY
SIS Q4 results : loss at 11.67Cr, Revenue increased by 4.74% YoY
SIS Q4 results : Revenue increased by 4.74% YoY & loss at 11.67Cr
Adani Energy Solutions Q4 Results Live : profit falls by 5.77% YOY
Adani Energy Solutions Q4 Results Live : Revenue increased by 40.18% YoY & profit decreased by 5.77% YoY
Ambuja Cements Q4 Results Live : profit rise by 63.61% YOY
Ambuja Cements Q4 Results Live : Revenue increased by 11.82% YoY & profit increased by 63.61% YoY
Cholamandalam Investment & Finance Company Q4 Results Live : profit rise by 24.56% YOY
Cholamandalam Investment & Finance Company Q4 Results Live : Revenue increased by 44.54% YoY & profit increased by 24.56% YoY
Newgen Software Technologies Q4 Results Live : profit rise by 32.65% YOY
Newgen Software Technologies Q4 Results Live : Revenue increased by 23.02% YoY & profit increased by 32.65% YoY
Gravita India Q4 Results Live : profit rise by 8.1% YOY
Gravita India Q4 Results Live : Revenue increased by 15.29% YoY & profit increased by 8.1% YoY
IFCI Q4 results : profit at 133.32Cr, Revenue increased by 33.5% YoY
IFCI Q4 results : Revenue increased by 33.5% YoY & profit at 133.32Cr
Jayaswal Neco Industries Q4 Results Live : profit falls by 60.99% YOY
Jayaswal Neco Industries Q4 Results Live : Revenue decreased by 3.94% YoY & profit decreased by 60.99% YoY
Bharat Wire Ropes Q4 Results Live : profit rise by 35.85% YOY
Bharat Wire Ropes Q4 Results Live : Revenue decreased by 9.35% YoY & profit increased by 35.85% YoY
Adani Wilmar Q4 Results Live : profit rise by 67.45% YOY
Adani Wilmar Q4 Results Live : Revenue decreased by 4.57% YoY & profit increased by 67.45% YoY
Adani Power Q4 Results Live : profit falls by 47.79% YOY
Adani Power Q4 Results Live : Revenue increased by 30.48% YoY & profit decreased by 47.79% YoY
Five Star Business Finance Q4 Results Live : profit rise by 39.78% YOY
Five Star Business Finance Q4 Results Live : Revenue increased by 41.42% YoY & profit increased by 39.78% YoY
Months after listing, Kalahridhaan Trendz plans to expand production capacity
With an increase in orders in hand, the expansion will enable the company to fulfill customer orders promptly and efficiently, thereby meeting the growing demand for its products.
Power prices on exchanges rise as soaring temperatures lift demand
As India approaches peak summer demand, heatwaves have caused a spike in prices of electricity
Ceat Q4 results: Net profit dips 23% to Rs 102 crore; revenue at Rs 2,992 crore
Its revenue from operations rose to Rs 2,992 crore in the period under review from Rs 2,875 crore in the fourth quarter of FY23.For the fiscal ended March 2024, the company posted a net profit of Rs 635 crore compared to Rs 182 crore in 2022-23.
CEAT posts 22% dip in net profit in Q4
The Mumbai-headquartered companys revenue from operation grew by 4per cent with 2,991 crore in March opposed to 2,874 crore during the same quarter last year
Bayer acquires remaining 25% stake in Bayer Zydus Pharma joint-venture
The JV brought together Zydus expertise in marketing and distribution along with Bayers novel products, marking their presence in cardiovascular diseases, diabetes, womens health, ophthalmology and oncology
Hybrid green energy power plant: Gujarat Toolroom to invest Rs 572 crore
The company has acquired 65 acres of land on long-term lease in Gujarat for the establishment of Green Energy Hybrid Power Plant Project worth Rs 5.72 billion.
IndiGo announces special bonus for staff
The one-time bonus will be 1.5 months of basic salary and will be disbursed to employees with the May salary.
Adani Airports PBT rises 111% in Q4 FY24
The airports arm of Adani Group has witnessed a 19 per cent growth in air passenger traffic through its six operational airports out of eight airports
Coal India Q4 net rises 26% to 8,640.45 crore, aided by fall in total expenses
Revenue down 2% at 37,410 crore
Tata Projects Q4 results: Company posts PAT of Rs 120.5 crore, on back of higher revenues
These figures are after after exceptional and/or extraordinary items.The company's revenue from operations increased to Rs 5,412.80 crore during the March quarter, over Rs 5,015.21 crore in the year-ago period, the statement said.
Indegene Ltd IPO to open on May 6
The price band of the offer has been fixed at from 430-452
India is one of the fastest emerging markets for Airbnb
Airbnb India GM discusses growth in exclusive Icons listings, highlighting Indias potential in the short-term rental market
Tata Comms raises $250 mn sustainability linked loan
Tata Communications will align all future long-term debt financing with its environmental commitments. The Tata group company is the first in its sector to adopt this framework
Dabur sees early signs of rural recovery, enters talcum powder market
The company reported a 16.2% jump in quarterly net profit to 350 crore, up from 301 crore a year earlier. Revenue in the three months through March stood at 2,815 crore, up 5.1%.
Coforge Q4 results: Company reports net profit rise of 95% to Rs 223.7 crore
FY24 was an exemplary year where the firm grew 13.3 per cent in CC organic terms, thus becoming one of the very few firms across the industry that were able to deliver on the annual growth guidance given at the beginning of FY24.
RBI removes curbs against Bajaj Finance, allows resumption of eCom transactions, Insta EMI card
Reserve Bank of India allows Bajaj Finance to resume sanction and disbursal of new loans under 'eCOM' and online through its 'Insta EMI Card' after company seeks review from RBI.
97.76% of 2,000 bank notes already returned, says RBI
Around 97.76% of the 2000 banknotes in circulation as on May 19, 2023 have already been returned, said the Reserve Bank of India (RBI) in an announcement made on Thursday. The central bank added that 2000 banknotes will continue to be legal tender
Investors may find Dennis Woodside to be a better chief for Freshworks
The new CEO has said that his top priority will be execution, with a focus on chasing larger deals, although India's SaaS industry still faces macroeconomic pressures that have reduced client spending on software purchases and upgrades.
Coal India Q4 Results:Coal India Ltd (CIL) reported a 26.3 per cent jump in consolidated net profit to Rs8,682.2 crore for the fourth and final quarter of the financial year 2023-24.
Google adds Azure & AWS support, enhances Cloud security with AI integration
The move will help enterprises manage security solutions across multi-cloud platforms, ensuring higher levels of security. Google Could will also focus heavily on AI.
One Piece anime seasons, episodes to leave Netflix: Which are they? Check full list
One Piece anime seasons and episodes are reportedly all set to depart Netflix. Fans eagerly await the official confirmation on the fate of One Piece seasons on Netflix.
Temasek may bid for CVC's 60% stake in Healthcare Global
CVC Capital Partners, which purchased around 59% in Healthcare Global for 1,100 crore in 2020, raised its shareholding to over 60.4% later.
The company is investing in India to tap the opportunity of a rapid rise in tourists travelling to foreign destinations as well as domestic places that are rapidly growing post-pandemic and where 90 per cent of its first-time bookers are Gen Zs.
This election is for Modi's mission, not ambition, says PM; dares Cong to restore Article 370
Modi emphasizes mission over ambition in Lok Sabha elections. Challenges Congress on Article 370, CAA, and triple talaq. Criticizes Congress for partition mentality and island gifting. Highlights development plans for India's islands.
Police clear UCLA protest encampment in campus unrest over Gaza
Police cleared protest encampments on US campuses amid clashes over Israel's conflict with Hamas. Balancing protest rights with violence complaints, authorities made arrests and faced unrest, highlighting the ongoing tensions.
HUL appoints Vipul Mathur as Executive Director for personal care
Vipul, 45, is currently the head of growth and transformation at the company and joined the company in 2003
Coal India Q4 Results: Net profit rises 26% to 8,640.5 crore, revenue down 2%; dividend declared
Coal India Q4 Results: The state-run miner's revenue from operations in the fourth quarter of FY24 rose two per cent to 37,410.4 crore, compared to 38,152.3 crore in the year-ago period.
Coforge Q4 results: Net profit rises 95% at 224 crore; to acquire 54% stake Cigniti Technologies
Coforge net profit rose 95% to 224 crore for the three-month period. Consolidated revenue rose 8.7% year-on-year to 2,359 crore in the three months ended March 31, falling short of analysts' estimate of 2,395 crore
The firm also announced the results for March quarter of FY24 and said that their profit after tax stood at 223.7 crore, up 94.8 percent compared to 115 crore in the same period last year.
India plans subsidies, tax sops to boost synthetic yarn manufacturing
India is missing out on a substantial market segment as 70% of clothing bought by developed countries is made of mixed synthetics
Federal Bank in advanced stage of sending names of CEO candidates to RBI
Current Federal Bank CEO Shyam Srinivasan's term ends on 22 September, as RBI turned down the request for a one-year extension.
Apple is right not to rush headlong into generative AI
One day the Vision Pro could exploit the technology to the full
Adani Enterprises Q4 PAT falls 38% on one-time expense
Revenue shows tepid growth of 1 per cent at 29,180 crore
Cognizant lowers revenue outlook for 2024 after slow March quarter
The March quarter is the second consecutive period when Cognizants profitability was lower than that of each of the top four Indian IT companies for the three months ended 31 March
ICICI Bank, Axis Bank among 5 stocks with top long unwinding
In Thursday's trading session, five stocks witnessed a top long unwinding.
Vodafone Idea has reached out to state-run lenders State Bank of India (SBI), Bank of Baroda, Punjab National Bank and some privately-held banks, the report said.
Paytm Money: Rakesh Singh to replace Varun Sridhar as CEO of One97 Communications subsidiary
One97 Communicationss wholly-owned subsidiary Paytm Money has reportedly appointed Rakesh Singh as the new CEO after Varun Sridhar resigned from the role
Go DESi raises 41 crore funding in a round led by Aavishkaar Capital
The brand will deploy this fund for geographical expansion, deepening SKU presence, build and strengthen capacity
Tesla files trademark infringement case in Delhi High Court
Elon Musk's electric vehicle-maker has taken a Gurgaon-based battery seller called Tesla Power India to court over the use of its name, Tesla
For the financial year ended on March 31, 2024, Dabur India's net profit was at Rs 1,811.31 crore, up 6.46 per cent against Rs 1,701.33 crore in the year-ago quarter.
KARAM Safety acquires Midas Safety India
KARAM Safety, a global PPE and fall protection solutions provider, has acquired Midas Safety India, enhancing its market leadership by combining expertise in fall protection with hand protection safety products. The acquisition strengthens the KARAM Group's position, aiming for a revenue of INR 1400 crore by 2025 and promoting indigenous manufacturing growth in India. Midas Safety India brings valuable experience, distribution network, and manufacturing capabilities to drive growth and innovation in the safety products market. The Indian PPE market is expected to grow at a CAGR of 10.20% due to workplace safety regulations, industrialization, and increased awareness driven by the COVID-19 pandemic.
With premium coffees and pricey hair serums, consumer goods makers woo the well-heeled
Premium coffee, health science, nutrition and pet care will drive Nestle's premium play in India. Hindustan Unilever is rapidly entering new premium categories such as sun-care and hair serums, as well as premium spaces within foods
L&T Tech inks pact worth 45 million with French auto firm Forvia
Under the agreement, about 300 engineers from Forvia's Augsburg (Germany) and Bengaluru (India) sites have already been transferred to LTTS. These teams will develop internal combustion engine related activities within LTTS.
Q4 results: Dabur India consolidated net profit up 16.2% at 350 crore
Dabur Indias consolidated revenue for FY24 crossed the 12,000 crore-mark
Adani Enterprises Q4 Results: The conglomerate's flagship company's revenue from operations rose marginally at O.8 per cent to 29,180 crore in the March quarter
Panchayat 3 OTT release date: Fan-favourite TVF web series is back on THIS date
Panchayat 3 OTT release date: The third season of the web series will be available Amazon Prime from May 28, 2024. The lead role of the web series, has been played by Jeetendra Kumar, popularly known as Jeetu Bhaia
Titan Q4 results tomorrow: Net profit likely to rise 8% YoY; jewellery segment to aid revenue growth
Titan Q4 results: The late Rakesh Jhunjhunwala-backed Titan Company is expected to report revenue of 11,250 in Q4FY24, registering a growth of 16% from 9,704 in the year-ago period, according to average estimates of five brokerages.
FSSAI asks states to focus on exhaustive testing of packaged spice samples
Spice samples are being tested for pesticide residues, metal contaminants besides physical and chemical parameters
Ongoing Lok Sabha election are witnessing a lower turnout, concerning Prime Minister Narendra Modi's campaign strategists. Analysts speculate if this trend might dent BJP's predicted landslide victory, prompting Modi to pivot his campaign towards energizing Hindu voters. Despite expectations, initial phases show dampened momentum, attributed to worker apathy and anti-incumbency sentiments.
NCLAT dismisses minority shareholders' plea in Minosha India case
Minority shareholders had moved NCLAT in August 2023 challenging their wrongful expulsion by Minosha India, formerly Ricoh India, via capital reduction scheme
Britannia Q4 Results Preview: Tiger biscuit maker's margin may shrink by 90 bps; here is why
Britannia Q4 Results Preview: Kolkata-based FMCG major Britannia, whose popular biscuit brands include Good Day,Tiger,Marie Gold and Milk Bikis, is estimated to register a consolidated net profit of Rs539 crore for the quarter ended March 31, which translates into a year-on-year decline of 3.4 per cent.
ArcelorMittal Q1 net income falls 10 pc to USD 900 million; output at 14.4 MT
Sales in Q1 2024 were at USD 16.28 billion as compared to USD 18.50 billion in the year-ago period. Steel shipments in first quarter of 2024 were 13.5 MT, lower than 14.5 MT in Q1 2023.
Ashok Leyland zooms 3.7% on strong April sales
According to the Hinduja Group company, it reported a nine per cent rise in domestic sales to 13,446 units in April 2024 compared to 12,366 units in April 2023.
Adani Ports Q4 Results: Net profit jumps 76% YoY to 2,040 crore; declares dividend of 6
Adani Ports revenue in Q4FY24 rose 19% to 6,896.5 crore from 5,797 crore, YoY.
Girish Mathrubootham steps down as CEO of Nasdaq-listed Freshworks, stock plunges over 25%
Girish Mathrubootham has stepped down from the position of Freshworks Inc's chief executive officer (CEO) and the company has appointed Dennis Woodside as the new CEO & President, effective from May 1.
Vedanta demerger: Key lenders signal green light after months of deliberation
Once the final approval for the demerger is granted, Vedanta group companies may seek fresh lines of credit from their current creditors to obtain growth capital
Contentious VPF issue adds to woes of ailing theatrical business
VPF is a cost borne by producers to show their films using digital projectors supplied by digital service providers such as UFO Moviez that theatre chains work with. Producers insist the cost needs to be rationalized.
Malabar Gold& Diamonds open its 4th showroom in US
Malabar Gold & Diamonds currently has an extensive retail presence across the USA, Canada, the UK, Australia, India, UAE, Qatar, Oman, Bahrain, Kuwait, KSA, Malaysia and Singapore.
Nitta Gelatin launches 60 crore expansion project in Kerala
This project is a part of the announcement made by this Japanese MNC to invest 200 crore in Kerala, during the visit of the Chief Minister to Japan.
Adani Group eyes 5 GW electrolyzer capacity with up to $3 bn investment
Adani New would initially set up about 198.5 MW capacity and receive an incentive of up to 293.78 crore from the government under the scheme
Avaada Energy secures Rs 1,190 crore loan from SBI for solar project
This landmark transaction marks Avaada'sfirst endeavour in developing a greenfield project under an existing Special PurposeVehicle.
