Mukesh Agrawal appointed Coal India’s new Director (Finance)
Kolkata: Mukesh Agrawal took over as Director (Finance) of Coal India Limited (CIL), the Maharatna public sector coal mining monolith, on Thursday.
Finance
Apollo Hospitals Q3FY24 Consolidated PAT grows to 60% to Rs 2,453 million
Mumbai: Apollo Hospitals, one of India’s leading healthcare providers, reported Rs. 2,453 million Profit After Tax (PAT) for the third quarter of FY24, demonstrating a notable increase of 59.87% from Rs. 1,535 million recorded in Q3FY23.
LIC Q3FY24: Profit grows 49% YoY to Rs 9,441 cr
Mumbai: The Life Insurance Corporation (LIC) of India announced a 49 percent surge in net profit to Rs 9,441 crore for the October-December quarter of the fiscal year 2023-24, an increase from the Rs 6,334 crore reported in the same period last year.
Bengal: Cash strapped Mamata Banerjee-govt presents Rs 3.6 lakh crore budget
Kolkata/IBNS/UNI: Finance Minister Chandrima Bhattacharya on Thursday presented a Rs 3.6 lakh crore budget for West Bengal for 2024-25 with a slew of benefits expanding assistance to the poor and common people ahead of the Lok Sabha election.
Parliament approves Finance and other appropriation bills after discussion
New Delhi/IBNS/UNI: The Parliament Thursday gave its nod to the Narendra Modi government's interim Budget with Rajya Sabha returning the Finance Bill 2024 and related appropriation bills after discussion.
Discovering India's Best Online Casinos: A Comprehensive Guide
In recent years, India's online casino scene has witnessed a remarkable transformation, evolving into a vibrant and diverse playground for enthusiasts seeking the thrill of real money gaming. Amidst this burgeoning landscape, finding the right online casino can be a daunting task, especially for those new to the digital realm of gambling. This comprehensive exploration delves into the intricate world of online casinos in India, offering insights and guidance to navigate this dynamic environment.
RBI keeps repo rate unchanged at 6.5%, pegs FY25 GDP growth at 7 percent
Mumbai/UNI: As widely expected by markets and policy-watchers, the Reserve Bank of India (RBI)'s Monetary Policy Committee (MPC) on Thursday decided to keep the policy repo rate unchanged at 6.50 per cent.
L&T construction wins orders for power transmission & distribution business
Mumbai: Larsen & Toubro (L&T), an engineering major, said on Wednesday that its Power Transmission & Distribution (PT&D) business has won multiple orders in India and the Middle East.
HDFC Bank raises $ 300 million through maiden Sustainable Finance Bond Issue
HDFC Bank Limited has announced that it has raised $ 300 million through its first-ever sustainable finance bond issue.
India ranks 38 out of 139 countries in World Bank's Logistics Performance Index Report 2023
New Delhi: India has been ranked 38 out of 139 countries in the World Bank's 'Logistics Performance Index Report (2023): Connecting to Compete 2023'.
ONGC, NTPC enter JV to set up offshore wind energy projects
Goa: India's leading oil producer ONGC and the country's largest power company NTPC signed a joint venture agreement on Wednesday to establish offshore wind energy projects, marking a significant stride towards enhancing cooperation in the renewable energy sector. This agreement was signed during India Energy Week.
Mubadala, Novo Holdings and CalPERS acquire minority stakes in Manipal Health Enterprises
Bangalore/Kolkata: Mubadala Investment Company (Mubadala), Novo Holdings and California Public Employees’ Retirement System (CalPERS) have acquired a minority stakes in Manipal Health Enterprises from Singapore-headquartered investment company Temasek.
BSE PSU Index outperforms Nifty 50 over past 5 years, analysis shows
Mumbai: The trend over the last five years show that the BSE PSU Index has demonstrated an impressive annualized return of 28%, nearly doubling that of the Nifty 50, according to DSP Mutual Fund Annual Note 2024.
RBI likely to keep policy repo rate unchanged in the next MPC meet: Quantum AMC
Mumbai: The Reserve Bank of India (RBI) is likely to keep the policy repo rate unchanged in the upcoming monetary policy review meet, according to Quantum Asset Management.
RBI action on Paytm Payment Bank in interest of consumers and Indian Economy: Financial Services Secretary
Mumbai: The recent measures enacted by the Reserve Bank of India (RBI) concerning Paytm Payments Bank serve the interest of consumers and the broader Indian economy, according to Financial Services Secretary Vivek Joshi.
TotalEnergies, ONGC partner to detect and measure methane emissions in India
Kolkata: TotalEnergies and Oil and Natural Gas Corporation (ONGC) have signed a cooperation agreement to carry out a methane emissions detection and measurement campaign at the India Energy Week 2024.
TCS issues final deadline for employees still working from home, asks them to return to work by March
Tata Consultancy Services (TCS) has given the last deadline to its employees who are still working from home.
Federal Bank launches RuPay backed NCMC wallet Debit Cards
Federal Bank becomes one of the earliest private sector banks to launch NCMC integrated Debit cards.
Sensex plunges 34.09 points
The BSE Sensex on Wednesday fell marginally by 34.09 points to settle at 72,152 on profit booking by local operators.
Spice Money's user network grows 12.67% in West Bengal in 2023
Kolkata: Rural fintech company Spice Money, a subsidiary of DiGiSPICE Technologies, has launched the Spice Money Guarantee Drive in West Bengal.
India Energy Week: PM Modi announced $67 billion investment plan
New Delhi: Prime Minister Narendra Modi announced an unprecedented investment initiative of $67 billion in the natural gas supply chain over the next 5-6 years during his address at the second edition of the India Energy Week in Goa on Tuesday.
Ministry of Corporate Affairs serves notice to BharatPe seeking evidence of its allegations against Ashneer Grover in courts
New Delhi: Fintech unicorn BharatPe has been served a notice by the Ministry of Corporate Affairs (MCA) under Section 206 of the Companies Act, asking the company to furnish details regarding legal actions taken against its founder, Ashneer Grover.
Titagarh Rail Systems Q3FY24 PAT grows 91% YoY to Rs 75.03 cr
Kolkata: Titagarh Rail Systems Ltd, formerly known as Titagarh Wagons Ltd, reported a standalone net profit of Rs 75.03 crores in the quarter ending December 31, 2023, an increase of 91% over Rs 39.22 crore in the same period of the last financial year.
Amid crisis after RBI restrictions, Paytm founder meets Nirmala Sitharaman
New Delhi: Paytm founder and CEO Vijay Shekhar Sharma on Tuesday met Finance Minister Nirmala Sitharaman amid the crisis in the company's banking arm, following Reserve Bank of India’s (RBI), media reports said, citing sources.
Govt expected to receive $2 billion in dividends from PSBs in next fiscal year
New Delhi: The public sector banks are reporting substantial profits and are likely to produce $2 billion in dividends for the next financial year, starting on April 1, media reports said.
Sensex surges 454.67 pts at closing, Nifty above 21900
The BSE Sensex on Tuesday rallied 454.67 pts to close high at 72,186.09 on the strength of Oil and Gas, IT, Telecommunications and Energy stocks.
Tech industry slashes 32000 jobs since January
Tech industries are witnessing another wave of layoffs in 2024 continuing the trend which was witnessed late last year.
A visionary stride for women-led development in India’s 2024 budget
Indian Finance Minister Nirmala Sitharaman has offered a progressive vision for the nation’s women through the interim budget which prioritized empowering women ("Nari Shakti") through entrepreneurship, making their lives easier, and ensuring their dignity.
Adani Group to invest $1.2 billion to build largest copper manufacturing plant in Gujarat's Mundra
Vadodara: Billionaire Gautam Adani-led ports-to-power conglomerate Adani Group is constructing the world's largest copper manufacturing plant in Mundra, Gujarat at an investment of $1.2 billion, media reports said.
Ola Electric to install 10,000 fast charging points by next quarter
Ola Electric has announced plans to ramp up its fast-charging network rapidly to 10,000 points by next quarter.