SBI posts 24 pc jump in Q4 net profit
Mumbai, May 9 (SocialNews.XYZ) State Bank of India (SBI) on Thursday reported a 24 per cent jump in net profit at Rs 20,698 crore for the Jan-March quarter of 2023-24 compared to the corresponding figure…
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Asian Paints posts 1.3 pc rise in Q4 net profit
Mumbai, May 9 (SocialNews.XYZ) Asian Paints on Thursday reported a consolidated net profit of Rs 1,275.3 crore for the Jan-March quarter of 2023-24, a marginal increase of 1.3 per cent compared to the corresponding figure…
Sensex falls more than 800 points, L&T drags Nifty
Mumbai, May 9 (SocialNews.XYZ) Sensex and Nifty extended their morning session losses. Till 1:30 PM, the majority of the Indices were red as Sensex was down 802 points or 1.05 per cent at 72,664 points…
BMW 3 Series Gran Limousine M Sport Pro edition launched in India
New Delhi, May 9 (SocialNews.XYZ) The new BMW 3 Series Gran Limousine M Sport Pro edition was launched in India by the luxury car maker on Thursday. Produced at the BMW Group Plant in Chennai,…
Building business often difficult, but Indian dream is real: Radhika Gupta
New Delhi, May 9 (SocialNews.XYZ) Even though building a business is many times difficult in India, the Indian dream is real, said Radhika Gupta, CEO of Edelweiss Asset Management and Shark Tank Judge. Radhika, India’s…
Sensex, Nifty fall nearly 0.3 pc after flat opening
Mumbai, May 9 (SocialNews.XYZ) Indian benchmark indices were down on Thursday, following mixed trading among global peers. After a flat opening, Sensex was down 232 points or 0.32 per cent at 73,245 points, and Nifty…
Sensex, Nifty end flat after another volatile session
Mumbai, May 8 (SocialNews.XYZ) The stock market saw another volatile session on Wednesday, with the Sensex ending 45 points lower at 73,466, and the Nifty ending flat at 22,302 without any changes. During the session,…
Canara Bank posts 18.4 pc jump in Q4 net profit, declares dividend of 16 per share
Mumbai May 8 (SocialNews.XYZ) Canara Bank on Wednesday reported an 18.4 per cent rise in its net profit to Rs 3,757.23 crore for the January-March quarter of 2023-24 compared to the same period of the…
NSE, BSE to conduct special trading session on May 18
New Delhi, May 8 (SocialNews.XYZ) NSE and BSE will hold a special live session on May 18 to perform intra-day switch-over to their respective disaster recovery site. Stock exchanges informed their trading members that a…
Sensex falls 300 points as equities selloff continues
Mumbai, May 8 (SocialNews.XYZ) Sensex fell by 300 points on Wednesday as the selloff in equities continues. Indian equities continued to sell off for the fourth consecutive session on Wednesday. BSE Sensex was trading at…
EPFO evaluating course of action over HC ruling on foreign workers
New Delhi, May 7 (SocialNews.XYZ) The Employees’ Provident Fund Organisation (EPFO) on Tuesday said that it is “actively evaluating the course of action” to be taken in response to the Karnataka High Court judgment on…
Dr Reddy’s Laboratories clocks 36 pc surge in Q4 net profit
Mumbai, May 7 (SocialNews.XYZ) Dr Reddy’s Laboratories on Tuesday reported a 36 per cent jump in net profit at Rs 1,307 crore for the Jan-March quarter of 2023-24 compared to the corresponding figure of Rs…
Centre to hold meeting with states to formulate Mining Index
New Delhi, May 7 (SocialNews.XYZ) The Ministry of Mines in collaboration with the Indian Institute of Technology – Indian School of Mines (IIT-ISM), Dhanbad will organise a one-day workshop here on Wednesday to discuss the…
Govt launches Meditech Stackathon to give big push to medical devices manufacturing
New Delhi, May 7 (SocialNews.XYZ) The government on Tuesday launched the Meditech Stackathon 2024 in collaboration with apex business chamber CII to give a big push to the domestic manufacturing of medical devices and reduce…
Domestic indices close in the red amid profit booking
Mumbai, May 7 (SocialNews.XYZ) The domestic indices closed in the red on Tuesday amid massive profit booking. At close on Tuesday, the Sensex was down 383.69 points, or 0.52 per cent, at 73,511.85, while the…
ICICI Bank now lets NRIs use international numbers for UPI payments in India
New Delhi, May 6 (SocialNews.XYZ) ICICI Bank on Monday announced that it has enabled NRI (Non-Resident Indian) customers to use their international mobile number to make UPI payments instantly in India. This will allow the…
Apple’s iPhone 15 Pro Max best-selling smartphone in Q1 this year: Report
New Delhi, May 6 (SocialNews.XYZ) Apple’s iPhone 15 Pro Max was the best-selling smartphone of the first quarter (Q1) of 2024, a new report showed on Monday. According to Counterpoint Research, Apple and Samsung dominated…
Mutual funds at all-time high, FII holding down at 11-year low
New Delhi, May 6 (SocialNews.XYZ) While the share of mutual funds in listed companies rose to another all-time high, FII holdings declined to an 11-year low. The share of domestic Mutual Funds (MFs) in NSE-listed…
Govt’s electronics component manufacturing PLI to end dependency on foreign suppliers, create jobs
New Delhi, May 6 (SocialNews.XYZ) As the government begins the exercise to create benchmarks for electronics component manufacturing, industry stakeholders on Monday said the move will contribute significantly to creating an ‘Atmanirbhar Bharat’ and building…
Broader indices come under major selling pressure
New Delhi, May 6 (SocialNews.XYZ) PSU bank stocks underperformed on Monday reacting to stricter RBI norms on lending to projects under development. Among PSU banks, PNB was down 6.4 per cent, Canara Bank was down…