Flipkart’s net loss increases 51% to ₹4,362 cr in FY22
Walmart-owned Flipkart's losses widened to Rs 4,362 crore in FY22, a 51 per cent increase from the last financial year. The e-commerce platform reported Rs 10,659 crore as revenues in…
Inflation on lime light, RBI to hold special MPC meet on November 3
The Reserve Bank on Thursday called a special meeting of the Monetary Policy Committee (MPC) on November 3 to prepare a report on its failure to keep retail inflation below 6 per cent for…
CBDT extends deadline for filing TDS for non-salary transactions till Nov 30
The Central Board of Direct Taxes on Thursday extended the deadline for filing quarterly TDS statement in Form 26Q for the June quarter by a month till November 30. Form…
India’s forex reserves continue to fall, drop by $3.85 billion
India’s forex reserves dropped by USD 3.847 billion to USD 524.52 billion for the week ended October 21, the RBI said on Friday. The overall reserves had dropped by USD…
Apple’s India sales hit record in September quarter
Apple CEO Tim Cook Thursday said the company’s $90.1 billion September quarter record revenue was powered by a strong performance in emerging markets like India, where it also set an all-time…
Tata Power net profit jumps 94% in Sept quarter on strong energy demand
Tata Power on Friday posted a 94.3 per cent rise in its September quarter profit, with energy consumption remaining robust as economic activity gathered pace. The energy arm of the Tata group saw…
Elon Musk takes control of Twitter, fires executives & CEO
Elon Musk took control of Twitter and fired its top executives, US media reported late Thursday, in a deal that puts one of the top platforms for global discourse in…
Dabur to acquire 51% stake in Badshah Masala for Rs 587.5 crore
Dabur on October 26 announced the acquisition of a 51 percent stake in Badshah Masala for a cash consideration of Rs 587.5 crore. The acquisition is expected to be completed…
Diwali Muhurat Trading 2022: BSE, NSE to remain open for 1 hour
Indian stock exchanges BSE and NSE have listed 24 October 2022 as a trading holiday on account of Diwali, Laxmi Pujan. However, both exchanges will remain open for one hour…
Parliament Member- Karti P Chidambaram asks ICAI to investigate Byju’s finances
Karti P Chidambaram, Member of Parliament, on Friday said he has written a letter to the Institute of Chartered Accountants of India (ICAI), urging it to probe the financial statements…
