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National / Bloomberg Quint

NCLAT Orders Google, CCI To File Replies On Play Store Billing Policy

NCLAT directs Google and CCI to respond to petitions challenging Play Store billing policy, sets next hearing for May 24.

10 May 2024 11:39 pm
IRDAI Mandates Insurers To Meet Rural, Social Sector Obligations

Irdai mandates insurers to meet rural, social sector obligations to ensure insurance for all by 2047.

10 May 2024 11:39 pm
Hindalco And Indian Coast Guard Sign MoU For Indigenous Marine-Grade Aluminum Supply

Hindalco Industries and Indian Coast Guard sign MoU for indigenous marine-grade aluminum supply, aiming to boost coastal security with vessels utilizing the indigenously manufactured material.

10 May 2024 11:38 pm
Amritpal Singh, Radical Preacher In Jail, Declares Mere Rs 1,000 In Poll Affidavit

Radical Sikh preacher Amritpal Singh, currently in jail, declares mere Rs 1,000 in poll affidavit. His wife owns movable assets worth Rs 18.37 lakh, including cash, gold jewellery, and GBP equivalent to Rs 4,17,440.

10 May 2024 11:38 pm
SEBI Said To Be Conducting Preliminary Enquiries In ICICI Securities Delisting Case

SEBI will decide on future course of action depending on outcome of preliminary enquiries.

10 May 2024 9:49 pm
Aarti Industries Q4 Results: Profit Falls, But In Line With Estimates

Aarti Industries posted a net profit of Rs 132 crore in Q4, as compared with Rs 149 crore in the year-ago period.

10 May 2024 9:48 pm
Piramal Pharma Q4 Results: Profit Rises, But Misses Estimates

Net profit of the company rose two times YoY to Rs 101.27 crore in the fourth quarter, as compared with Rs 50.11 crore in the year-ago period.

10 May 2024 9:41 pm
High Gold Prices Fail To Dampen Akshaya Tritiya Gold Buying Spirit

Despite a 15-17% increase in gold prices, the demand for gold and golden jewellery remained high on Akshaya Tritiya, with robust footfall reported by retailers across the country.

10 May 2024 9:18 pm
Tech Mahindra's Europe Business Head Vikram Nair Resigns After 19-year

According to Nair's LinkedIn profile, he joined the company in 2005 as regional head for Europe.

10 May 2024 9:18 pm
Great Eastern Shipping Company Q4 Result: Net Profit Surges 25% To Rs 905 Crore

Great Eastern Shipping Company's net profit surges 25% to Rs 905.08 crore in Q4, with consolidated revenues rising to Rs 1,726.25 crore.

10 May 2024 9:18 pm
Air India, Vistara CEOs To Address Staff About Merger On May 13

The merger of Vistara with Air India under a deal, wherein Singapore Airlines will acquire a 25.1% stake in Air India, was announced in November 2022.

10 May 2024 9:02 pm
Investor Advisory Body Opposes Tanla Platforms Resolutions

The research body has asked to vote against four resolutions of the company.

10 May 2024 8:51 pm
Punjab And Sind Bank Q4 Results: Profit Slumps 70% To Rs 139 Crore

However, the total income increased to Rs 2,894 crore during the quarter under review against Rs 2,652 crore in the same period last year, Punjab & Sind Bank said in a regulatory filing.

10 May 2024 8:32 pm
Bank of India Q4 Result: Net Profit Jumps 7% To Rs 1,439 Crore

Bank of India's net profit jumps 7% to Rs 1,439 crore for the March quarter, with total income rising to Rs 17,913 crore.

10 May 2024 8:32 pm
General Insurance Firms See 13% Rise In Premium Collection, Hit Rs 2.89 Lakh Crore

General insurance firms saw a 13% rise in premium collection, hitting Rs 2.89 lakh crore in 2023-24, with 42 companies contributing to this increase.

10 May 2024 8:32 pm
WMO Confirms Warmest April Ever, Fueling Global Weather Extremes

The WMO said this is happening due to naturally occurring El Nio -- unusual warming of waters in the central and eastern Pacific Ocean -- and the additional energy trapped in the atmosphere and ocean by greenhouse gases from human activities.

10 May 2024 8:32 pm
Netweb Technologies To Start Exporting Servers, Create 200 Jobs

Netweb Technologies plans to export high-end computing servers to Europe, Middle East, and the US, aiming to create 200 jobs and expand its manufacturing units, with a focus on artificial intelligence technology.

10 May 2024 8:32 pm
RBI Names R Lakshmi Kanth Rao As Executive Director

RBI appoints R Lakshmi Kanth Rao as Executive Director, who will oversee Deposit Insurance and Credit Guarantee Corporation, Right to Information Act, and Department of Communication.

10 May 2024 8:32 pm
ISRO Tests Redesigned PS4 Engine With 3D Printing That Saves 97% Raw Materials

The new engine, now a single piece, saves 97% of raw materials and reduces production time by 60%, ISRO said.

10 May 2024 8:32 pm
DoT Takes Action Against Cyber Crimes, Blocks 28,200 Handsets And Re-Verifies 20 Lakh Numbers

The Department of Telecom has taken action against cyber crimes by blocking 28,200 mobile handsets and re-verifying 20 lakh numbers linked to alleged cyber crimes.

10 May 2024 8:10 pm
India Reaffirms Commitment To Sri Lankan Tamils, Pledges Development And Economic Cooperation

Indian High Commissioner meets with leader of Tamil National Alliance to discuss political developments and India's cooperation in Sri Lanka.

10 May 2024 8:09 pm
Court Quashes AAI's Denial Of Maternity Leave, Stresses Employer Compassion For Working Mothers

The Bombay High Court quashes AAI's denial of maternity leave, emphasizing employer compassion for working mothers, stating that women must be honored and provided with all entitled facilities at their workplace.

10 May 2024 8:09 pm
IIFL Securities Appoints Nemkumar As Managing Director, Replacing Venkataraman

IIFL Securities appoints Nemkumar H as managing director, replacing Venkataraman, who will continue as chairman and Non-Executive Director on the board.

10 May 2024 8:09 pm
Mahindra & Mahindra Partners With Ministry Of Skill Development

Launched earlier this year, the scheme aims to train 15,000 women to operate drones for agricultural purposes such as fertiliser sowing, crop monitoring and seed sowing, thereby creating new livelihood opportunities for them.

10 May 2024 8:09 pm
Flipkart Simplifies Rate Card Structures For Sellers

This rate card redesign is part of Flipkart's broader initiative to streamline operations and offer robust support to our vast network of sellers across India, Flipkart Vice President and Head-Marketplace Rakesh Krishnan said.

10 May 2024 8:08 pm
Air India To Increase Frequency On Flights To Amsterdam, Milan

Air India announces plans to increase flight frequency to Amsterdam, Milan, and Copenhagen to meet rising demand.

10 May 2024 8:08 pm
LIC's April Premium Reaches 10-Year Peak, Surges To Rs 12,384 Crore

LIC's April premium reaches a 10-year peak, surging to Rs 12,384 crore, marking a significant achievement attributed to innovative marketing strategies and strong customer-centric services.

10 May 2024 8:08 pm
FPIs Stay Net Sellers For Seventh Straight Session

Foreign portfolio investors offloaded stocks worth Rs 2,117.5 crore, according to provisional data.

10 May 2024 7:58 pm
'Fight Against Dictatorship': Arvind Kejriwal After Release From Tihar Jail

Arvind Kejriwal was accompanied by his wife Sunita Kejriwal, his daughter Harshita and AAP Rajya Sabha MP Sandeep Pathak.

10 May 2024 7:48 pm
RBI Wants Everyone To Grow, But Customer Will Always Be First: HDFC Bank's Parag Rao

In terms of the current regulatory environment, Rao said that RBI wants strong, mature and responsible growth of assets when it comes to banks.

10 May 2024 7:40 pm
Thermax Profit Rises 20% To Rs 188 Crore In January-March Quarter

It had posted a profit after tax of Rs 156 crore in the corresponding period of the preceding fiscal year, the company said in a statement.

10 May 2024 7:38 pm
Cholamandalam Financial Holdings Ltd Posts 26.9% Growth For Q4

The city-based company, part of the diversified conglomerate Murugappa Group, had registered net profits of Rs 900.77 crore during the corresponding period of last year.

10 May 2024 7:34 pm
Grew Energy To Invest Rs 4,500 Crore In 3.2 GW Module Plant In J&K

Grew Energy to invest Rs 4,500 crore in 3.2 GW module plant in J&K, creating employment opportunities for locals.

10 May 2024 7:34 pm
ABB India Q1 Results: Net Profit Jumps 87% To Rs 460 Crore In January-March

The electrification and automation major follows the financial year from January to December.

10 May 2024 7:34 pm
Equity Markets Near Critical Support Zone, Expect Volatility Ahead: Analyst

Benchmark equity indices logged their worst week in nearly two months, as they declined around 2%.

10 May 2024 7:32 pm
15 NBFCs Surrendered Registration Certificates, RBI Says

Nine NBFCs have ceased to be legal entities due to amalgamation, merger, dissolution, or voluntary strike-off.

10 May 2024 6:55 pm
Gold, Silver Prices Jump On Strong Global Trend, Festive Demand In India

Gold and silver prices jump on strong global trend and festive demand in India, with gold crossing the Rs 73,000-mark and silver surging to Rs 85,500 per kg in the national capital.

10 May 2024 6:21 pm
India's Forex Reserves Rise By $3.66 Billion, Reaching $641.59 Billion: RBI

India's forex reserves rise by $3.668 billion to $641.59 billion, hitting an all-time high of $648.562 billion in April.

10 May 2024 6:20 pm
77th Cannes Film Festival: India To Host 'Bharat Parv' This Year

It will be for the first time that the country will host a 'Bharat Parv' at the Cannes Film Festival.

10 May 2024 6:20 pm
US Trade Body Bats For Ethylene-Treated Spices Amid Heat On Indian Firms

The spice industry relies on EtO sterilisation as one of the 'primary methods' to comply with the US FDA regulations, it says.

10 May 2024 6:19 pm
Niva Bupa Plans To File For Rs 3,000-Crore IPO By June

Health insurer to file its draft red herring prospectus with the market regulator in about a month.

10 May 2024 6:11 pm
India's Gold Imports Reach $45.54 Billion In 2023-24

India's gold imports surged to $45.54 billion in 2023-24, driven by strong domestic demand, marking a 30% increase from the previous year.

10 May 2024 6:00 pm
A Flood Of Passive Products Now Gives Greater Variations For Investors

Here are some areas with additional choices now available for investors.

10 May 2024 6:00 pm
BMW Motorrad Expands Retail Footprint In Coimbatore With KUN Motorrad Partnership

BMW Motorrad strengthens its retail presence in Coimbatore by appointing KUN Motorrad as its dealer partner in Tamil Nadu, showcasing six motorcycles and a wide array of accessories and merchandise.

10 May 2024 5:58 pm
Kalyan Jewellers Q4 Result: Revenue Surges 34% To Rs 137 Crore

Kalyan Jewellers' Q4 PAT surges 97% to Rs 137.49 crore, with a 34% growth in consolidated revenue from operations to Rs 4,534.93 crore.

10 May 2024 5:57 pm
Pakistan Gears Up For New Bailout Package Talks As IMF's Advance Team Arrives

Pakistan prepares for IMF talks as advance team arrives to discuss a potential $6 to $8 billion bailout package under the Extended Fund Facility, with a focus on climate financing.

10 May 2024 5:57 pm
Kalyani Steels Reports 10% Decline In Q4 Net Profit To Rs 62 Crore

Kalyani Steels Ltd reported a 10% decline in standalone net profit to Rs 62.5 crore in the March quarter due to higher expenses.

10 May 2024 5:57 pm
ICICI Bank's Cards And Payments Head Bijith Bhaskar Resigns

The cessation of his services is to come into effect on May 18.

10 May 2024 5:55 pm
Wipro Hydraulics To Acquire Canada's Mailhot Industries In Strategic Deal

Wipro Hydraulics has signed an agreement to acquire the assets of Canada-based Mailhot Industries, a North American leader in hydraulic cylinder manufacturing.

10 May 2024 5:54 pm
'Satyamev Jayate'! AAP Welcomes SC's Interim Bail To Arvind Kejriwal

In a major relief to Kejriwal, the Supreme Court granted him interim bail till June 1 to campaign in the ongoing Lok Sabha elections.

10 May 2024 5:54 pm