Mumbai: Hindustan Unilever Ltd (HUL) reported a 2.4 percent decline in its Q2FY25 consolidated net profit, falling to Rs 2,591 crore from Rs 2,668 crore in the same quarter last year, media reports said.
Mumbai: Hindustan Unilever Ltd (HUL) reported a 2.4 percent decline in its Q2FY25 consolidated net profit, falling to Rs 2,591 crore from Rs 2,668 crore in the same quarter last year, media reports said.
New Delhi/IBNS: One97 Communications Limited, the parent company of Paytm, has received the green light from the National Payments Corporation of India (NPCI) to onboard new users for its Unified Payments Interface (UPI) platform.
Mumbai/IBNS: Jio Financial Services Ltd., led by billionaire Mukesh Ambani, has been in discussions with Allianz SE to form a new insurance partnership in India, Bloomberg reported, citing sources familiar with the matter.
New Delhi/IBNS: Indian multinational restaurant aggregator and food delivery company Zomato has increased its platform fee on food delivery to Rs 10 from Rs 7 amid the festive rush.
Mumbai/IBNS: Hyundai Motor India’s shares saw a rise of up to 6 percent on Wednesday (Oct. 23), a day after their discounted debut on the NSE and BSE.
Mumbai/IBNS: Bajaj Finserv has announced that its joint venture partner, Allianz, is "actively considering" an exit from their life and general insurance ventures.
New Delhi: The Competition Commission of India (CCI) has approved Bharti Airtel's proposal to increase its stake in Indus Towers, following a buyback of shares by the telecom infrastructure company. Indus Towers, a passive telecom infrastructure provider, deploys, owns, and manages infrastructure for various mobile operators.
Bhubaneswar: Odisha has emerged as the country's steel manufacturing hub with Odisha accounting for 25% of the India’s total steel production, according to MD and CEO of mjunction services Ltd Vinaya Varma.
Mumbai: Food aggregator Zomato, which announced a massive 388% YoY Q2FY25 net profit on Tuesday, revealed plans for a qualified institutional placement (QIP) to raise additional funds, reinforcing the bullish sentiment from brokerages, media reports said.
Mumbai: The Securities and Exchange Board of India (SEBI ) has issued a notice to the Adani Group over allegations of misclassifying certain investors as public shareholders, as disclosed by Adani Energy Solutions in its September quarter results filed on Tuesday, October 22, media reports said.
New Delhi: The International Monetary Fund (IMF) has maintained India's GDP growth forecast for FY25 at 7 percent, according to its latest World Economic Outlook released on October 22.
Mumbai: HSBC Holdings appointed insider Pam Kaur as its first female finance chief on Tuesday, replacing Georges Elhedery, who became CEO earlier this year, Reuters reported.
Mumbai: Entities regulated by the Securities and Exchange Board of India (Sebi) and their agents have been instructed to sever ties with individuals offering investment advice or recommendations without being registered with the regulator, as well as with those making performance or returns claims without regulatory approval.
Mumbai: Online food delivery giant Zomato Ltd reported a massive 389% year-on-year surge in consolidated net profit for the second quarter of FY25, reaching Rs 176 crore, media reports said.
The BSE Sensex crashed 930.55 to close at 80,220.72 points with heavy selling seen across the board along with weak global cues.
Ahmedabad/IBNS: Ambuja Cements, a subsidiary of the Adani Group, announced on Tuesday (Oct. 22) the signing of a binding agreement to acquire Orient Cement Ltd (OCL) for Rs 8,100 crore.
Mumbai/IBNS: Hyundai Motor India shares had a subdued debut on Tuesday (Oct. 22), listing at a 1.32 percent discount at Rs 1,934 on the NSE, compared to its IPO price of Rs 1,960.
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New Delhi/IBNS: Foreign institutional investors (FIIs) have offloaded nearly $10 billion worth of shares in the secondary markets in October, despite maintaining investment activity in the primary market amid a surge of IPOs.
Mumbai/IBNS: Gold and silver prices surged to new record highs in the domestic futures market on Monday (Oct. 21) morning, buoyed by strong spot demand and favourable global trends.
San Francisco: Sam Altman, co-founder of OpenAI, once described the company's partnership with Microsoft as “the best bromance in tech.” However, this relationship is now strained, as Microsoft appears to be hedging its bets, according to a report by the New York Times.
New Delhi: The Group of Ministers (GoM) on GST rate rationalisation has decided to reduce tax rates on 20-litre packaged drinking water bottles, bicycles, and exercise notebooks to 5 percent, while proposing an increase in taxes on high-end wristwatches and shoes, media reports said.
New Delhi: The Group of Ministers (GoM) on GST rate rationalisation has decided to reduce tax rates on 20-litre packaged drinking water bottles, bicycles, and exercise notebooks to 5 percent, while proposing an increase in taxes on high-end wristwatches and shoes, media reports said.
Buying a new car during the festive season is a popular trend in India, with many people looking to fulfill their aspirations of owning a new vehicle.
California/IBNS: Google has announced a significant leadership restructuring within the company.
New Delhi/IBNS: Economic activity in India continues to be on its dynamic and positive path, albeit at a moderated pace.
Mumbai: Kotak Mahindra Bank Limited has announced its acquisition of Standard Chartered Bank India's personal loan portfolio, valued at approximately Rs 4,100 crore as of September 30, 2024.
Mumbai: JSW Steel on Friday said it will acquire a 100% stake in Thyssenkrupp Electrical Steel India jointly with Japan's JFE Steel Corp for Rs 4,051.4 crore.
Mumbai: Zee Entertainment Enterprises (ZEEL) reported a net profit of Rs 209.4 crore for the second quarter of FY25, marking a 70.2% year-on-year (Y-o-Y) increase, driven by cost-cutting measures, media reports said.
