Kolkata witnesses 93% YoY surge in used car sales: Report
Kolkata: West Bengal’s capital Kolkata is witnessing a remarkable upswing in the demand for used cars, according to a report by the pre-owned cars buy and sell portal CARS24.
Finance
Akasa Air completes one year of commercial ops
Kolkata: Akasa Air on Tuesday completed one year of commercial operations in the Indian skies.
SEBI introduces new mechanism to correct erroneous off-market transfer of securities
Mumbai: Stock market regulator Securities and Exchange Board of India (SEBI) has introduced a new mechanism to rectify incorrect transfers of securities in demat accounts.
Coal India Limited Q1FY24 PAT drops 10% YoY to Rs 7,941.4 cr
Kolkata: State-owned Coal India Limited (CIL) announced a consolidated net profit of Rs 7,941.4 crore for the quarter ended June, marking a 10 percent decline compared to the Rs 8,834.22 crore reported in the same quarter of the previous year.
Brazil, South Africa next in India's for bilateral currency settlement plan
After agreements with United Arab Emirates (UAE) and Indonesia, India is considering the possibility of establishing bilateral agreements with important partners in Latin America and Africa to bolster trade using local currencies, thereby contributing to the broader goal of internationalizing the Indian rupee, Moneycontrol reported.
Online furniture marketplace Pepperfry's co-founder Ambareesh Murty dies of cardiac arrest
New Delhi: Online furniture marketplace Pepperfry’s co-founder Ambareesh Murty has died due to cardiac arrest, the company's second co-founder Ashish Shah announced in a post on X, formerly known as Twitter.
Indian-American teen Tanishka Dhariwal raises funds in USA to help Odisha train accident victims
An Indian-American girl has won hearts with her gesture as she raised more than USD 10,000 for PM CARES Fund to help the victims of the train accident in the eastern Indian state of Odisha earlier this year.
Indian-origin Vaibhav Taneja, who is also a Delhi University graduate, becomes Tesla's new Chief Financial Officer
Indan-origin and Delhi University graduate Vaibhav Taneja has been appointed as the new Chief Financial Officer of billionaire Elon Musk's firm Tesla.
Indian Rupee falls 10 paise against USD
Mumbai: The Indian Rupee on Tuesday drifted lower by 10 paise to close at 82.85 against the USD on brisk demand for US Dollar by bankers and importers amid sliding equity market, dealers at the Foreign Exchange said.
Madhya Pradesh government partners with SaaS-based assessment platform HireMee
Bhopal: Madhya Pradesh government’s skilling agency Madhya Pradesh State Skill Development & Employment Generation Board (MPSSDEGB) and the Directorate of Employment, Madhya Pradesh have partnered with talent acquisition and talent management startup, HireMee to help identify hidden talent and assist them in employability.
Indian Market: Sensex down 106.98 pts
Mumbai: The BSE Sensex on Tuesday slipped 106.98 pts to settle at 65,846.50 as selling was witnessed in Metal, Telecommunications, Utilities and Commodities stocks amid mixed trend in Asian Market.
Piyush Goyal says India will launch BRICS Startup Forum this year to facilitate collaboration among startups, investors, incubators
Union Commerce and Industry Minister Piyush Goyal has announced India will launch BRICS Startup Forum this year to facilitate collaboration among startups, investors, incubators and aspiring entrepreneurs.
Pepperfry's co-founder Ambareesh Murty, 51, dies of cardiac arrest during bike trip in Leh
Online marketplace Pepperfry's co-founder Ambareesh Murty has died due to cardiac arrest in Leh, his company's other co-founder Ashish Shah said.
Magadh Sugar & Energy Q1FY24 PAT stands at Rs 16 cr
Kolkata: Magadh Sugar & Energy Limited (MSEL) reported a Rs 16 crore Profit After Tax (PAT) in Q1FY24 against Rs 10 lakhs in Q1FY23.
Avadh Sugar & Energy reports Rs 682 cr revenue in Q1FY24
Kolkata: Avadh Sugar & Energy Limited (MSEL) reported a revenue of Rs 682 crore from operations in Q1FY24.
TVS supply chain solutions limited's initial public offering to open on Thursday
TVS Supply Chain Solutions Limited) proposes to open its initial public offering of Equity Shares on Thursday.
Bank of Baroda Q1FY24 net profit soars 88% YoY to Rs 4,070 crore; NII grows 24%
Public sector lender Bank of Baroda (BOB) on Saturday reported a standalone net profit of Rs 4,070 crore in Q1FY24, up 87.7 year-on-year compared to Rs 2,168 crore in the same quarter of the previous fiscal year.
IEMA propose to partner with Bengal govt to conduct market research, growth opportunities & challenges
Kolkata: IEEMA, the apex association of manufacturers of electrical, industrial electronics and allied equipment in India, has expressed willingness to partner with the West Bengal government in conducting market research to understand the current state of the electrical and electronics industry in West Bengal.
Commerce Secretary calls for greater collaboration between India and Latin American and Caribbean countries
New Delhi/IBNS: During the closing ceremony of the '9th CII India-LAC Conclave', focused on enhancing South-South Cooperation, Sunil Barthwal, Secretary, Department of Commerce, Ministry of Commerce & Industry, highlighted the immense potential for expanding bilateral trade between India and Latin American & Caribbean (LAC) countries.
Centre likely to delay laptop, PC import ban for 3-4 months
New Delhi: The Union government is considering an extension of the implementation of import restrictions on laptops, personal computers, tablets, and server manufacturers for a period of three to four months, media reports said.
Unstoppable India: S&P global projects $6.7 trillion economy by 2031
In a promising projection, S&P Global, the renowned US-based credit ratings agency, foresees India’s economy expanding at an impressive annual growth rate of 6.7% from fiscal year 2024 to 2031.
Biocon Biologics announces major leadership changes
Mumbai: Biocon Biologics Ltd made leadership changes on Friday, revealing the appointments of Rhonda Duffy as Chief Operating Officer (COO) and Sandeep Athalye as Chief Development Officer.
SBI Q1FY24 profit jumps 178% YoY to Rs 16,884 cr; NII surges 25%
Mumbai: State Bank of India (SBI), the largest bank in India, surpassed market expectations with a massive 178.24% year-on-year (YoY) surge in its profit for the June 2023 quarter to Rs 16,884 crore.
Reliance Industries to hold 46th AGM on August 28
Mumbai: Reliance Industries Ltd has announced that its 46th annual general meeting will take place on August 28, according to a notice to the stock exchanges.
Oil India Ltd gets Maharatna status; ONGC Videsh raised to Navratna
New Delhi: The Finance Ministry has granted its approval for elevating Oil India Ltd's status to the 'Maharatna' category.
Sensex up by over 300 points
Mumbai/UNI: The BSE Sensex on Friday smartly recovered 339.23 pts to 65,580.01 in the opening session as buying was seen across the board.
IndusInd Bank and Bajaj Capital's Tiger Fintech launch cobranded credit card
Mumbai: IndusInd Bank and Tiger Fintech - a Bajaj Capital Group company,today announced the launch of the IndusInd Bank Tiger Credit Card, a co-branded credit card powered by Visa.
Tata's food & beverage arm to offer Kashmiri Saffron under its Himalayan brand
Mumbai: Tata Consumer Products (TCP) on Thursday announced its entry into the premium Kashmiri saffron category under its provenance brand- Himalayan.
Saudi Arabia-based appliance manufacturer to use Honeywell’s ultra-low-global warming potential blowing agent
Mumbai: Honeywell on Thursday announced that Saudi Arabia-based appliance manufacturer Al-Essa Industrial Company has adopted Honeywell Solstice Liquid Blowing Agent (LBA) for use in the insulation of its products, a press release said on Thursday.
Adani Enterprises Q1FY24 PAT soars 44% YoY to Rs 674 cr
Mumbai: Adani Enterprises on Thursday reported its financial results for the quarter ending in June 2023, revealing a consolidated net profit of Rs 674 crore, an increase of 44 percent compared to the net profit of Rs 469 crore reported in the previous fiscal year.