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Other Business News

Jindal Steel & Power Q1 Results: Net profit falls 14.4% on year to ₹1,686.94 crore

Jindal Steel & Power Ltd on Friday reported an 14.37% year-on-year fall in its consolidated net profit of continuing operation attributable (to owners of the company) for the fiscal's first…

Gaurav Verma Gaurav Verma 3 years ago
Other Business News

Adani Ports Auditor Deloitte to Resign After Flagging Concerns

THE auditor of billionaire Gautam Adani’s ports business is planning to resign, people familiar with the matter said, a move that may heighten concerns about accounting quality at the Indian conglomerate…

Gaurav Verma Gaurav Verma 3 years ago
ONGC
Energy and Petroleum

ONGC’s Q1 net profit more than doubles to ₹17,383 crore

State-run ONGC on Friday reported a 102.6% rise in its consolidated net profit for the April-June quarter at ₹17,383 crore. During the same quarter of last fiscal (FY23) the company had…

Gaurav Verma Gaurav Verma 3 years ago
Information Technology

HCL Tech share price rises almost 5% as the IT firm enters global strategic partnership with Verizon

HCL Technologies' share price rose almost 5 per cent in the morning trade on BSE on Friday buoyed by Verizon's global strategic partnership with the IT firm. The stock opened…

Gaurav Verma Gaurav Verma 3 years ago
BankingInformation Technology

SBI tops Reliance to become India’s most profitable company; check top 10 profitable firms in June quarter

State Bank of India (SBI) has emerged as India's most profitable company during the April-June quarter of fiscal 2023-24 (Q1FY24), replacing Reliance Industries, according to data from Capitaline Databases, a digital…

Gaurav Verma Gaurav Verma 3 years ago
Other Business News

Top gainers, losers today: HCL Tech, Titan, Power Grid, Asian Paints, IndusInd Bank; check full list

Domestic equity benchmarks Sensex and Nifty settled lower for the second consecutive session on August 11 amid weak global cues with the dollar's rise against its major global peers after the US…

Gaurav Verma Gaurav Verma 3 years ago
Other Business News

Direct tax collection continues to rise, at ₹6.53 lakh crore till August 10

According to a press release from the Government of India's Ministry of Finance, Department of Revenue, and Central Board of Direct Taxes, provisional numbers for direct tax collections up to August…

Gaurav Verma Gaurav Verma 3 years ago
World

Niger Crisis: India asks citizens to leave African country ‘as soon as possible’

India's Ministry of External Affairs (MEA) on Thursday urged Indian nationals to leave Niger, following a military coup that deposed the democratically elected president, Mohamed Bazoum. “The Government of India…

Gaurav Verma Gaurav Verma 3 years ago
GDP

India June factory output growth slows to 3.7% from 5.2% in May

India’s factory output growth slowed down to 3.7% in June from a 5.2% rise seen in May, and a 4.5% increase in April, due to weaker manufacturing growth, official data…

Gaurav Verma Gaurav Verma 3 years ago
Insurance

LIC records 14-fold jump in net profit to ₹9,544 crore

State-run Life Insurance Corp of India (LIC) recorded a 14-fold year-on-year jump in net profit at ₹9,543.7 crore for the first quarter of FY24, even though the country's largest insurer has been witnessing…

Gaurav Verma Gaurav Verma 3 years ago
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