Mumbai, Jan 20 (SocialNews.XYZ) IDFC First Bank on Saturday reported an 18 per cent increase in net profit to Rs 716 crore for the October-December quarter of the current financial year. The bank had posted…
New Delhi, Jan 20 (SocialNews.XYZ) The Ministry of Steel has suspended V.S. Chakravarthy, Director (Commercial), SAIL and A.K. Tulsiani, Director (Finance) of public sector steel giant SAIL with immediate effect. “Complying with the instructions from…
New Delhi, Jan 20 (SocialNews.XYZ) Domestic markets exhibited a subdued trend influenced by extended holidays, low volumes, and weekly option expiration, says Vinod Nair, Head of Research, Geojit Financial Services. Profit booking was noted in…
Mumbai, Jan 20 (SocialNews.XYZ) Indian Renewable Energy Development Agency Ltd (IREDA) on Saturday reported an of 67.15 per cent year-on-year increase in its net profit at Rs 335.54 crore for the October-December of the current…
New Delhi, Jan 20 (SocialNews.XYZ) After getting a notice from the Central Consumer Protection Authority (CCPA), Amazon has removed sweets sold under the name ‘Shri Ram Mandir Ayodhya Prasad’. The products include ‘Ghee Bundi Ladoo’,…
San Francisco, Jan 20 (SocialNews.XYZ) Two video game companies CI Games and Behaviour Interactive have laid off several employees due to the tough market conditions, the media reported. According to the company, Poland-based CI Games…
New Delhi, Jan 19 (SocialNews.XYZ) Reserve Bank of India (RBI) on Friday said that the money markets will remain closed on January 22. RBI said that as the Maharashtra government has declared January 22 as…
Chennai, Jan 19 (SocialNews.XYZ) Aditya Birla Group’s UltraTech Cement Limited on Friday said it closed the third quarter of FY24 with a consolidated net sales of Rs16,487 crore as against Rs 15,299 crore over the…
New Delhi, Jan 19 (SocialNews.XYZ) Minister for Power and New & Renewable Energy R. K. Singh said on Friday that India is adding renewable energy capacity at a pace that is one of the fastest…
Hyderabad, Jan 19 (SocialNews.XYZ) Airbus on Friday signed a services contract with Heligo Charter Private Limited for six Airbus H145 helicopters deployed for offshore and onshore operations in India. The HCare Initial contract, a comprehensive…
Chennai, Jan 19 (SocialNews.XYZ) Vedanta Group’s Hindustan Zinc Ltd closed the third quarter of FY24 with a lower net profit of Rs 2,028 crore. In a regulatory filing, the company said it had closed the…
New Delhi, Jan 19 (SocialNews.XYZ) Shares of Dixon Technologies slumped 3 per cent on Friday after the Directorate of Revenue Intelligence (DRI) conducted a search. The DRI conducted the search with respect to classification of…
New Delhi, Jan 18 (SocialNews.XYZ) Leading startup incubator T-Hub on Thursday announced the selection of 10 startups in partnership with the UK Government’s ‘UK-India Emerging Tech Exchange Programme’. The primary goal of this partnership is…
New Delhi, Jan 18 (SocialNews.XYZ) The DMI Group has acquired the homegrown digital EMI financing platform ZestMoney (Zest) for an undisclosed sum, the company announced on Thursday. This development comes after the startup’s new leadership…
New Delhi, Jan 18 (SocialNews.XYZ) NHPC shares fell more than 4 per cent on Thursday after the central government announced an offer for sale of the company’s shares. NHPC was trading at Rs 69.80 down…
New Delhi, Jan 18 (SocialNews.XYZ) IT stock LTIMindtree plunged more than 10 per cent in trade on Thursday due to disappointing Q3 results. The stock is trading at Rs 5,604, down 10.7 per cent on…
New Delhi, Jan 18 (SocialNews.XYZ) Mid-cap and Small-cap stocks in general have become more expensive after the recent runup. Many weak (low growth plus low quality) mid-caps and small-caps are in bubble zone and caution…
New Delhi, Jan 18 (SocialNews.XYZ) Foreign portfolio investors recorded their highest-ever single-day selloff on January 17, as they turned net sellers of Indian equities after two days. FPIs offloaded equities worth Rs 10,578.1 crore, according…
Washington, Jan 17 (SocialNews.XYZ) Economists are confident that the US economy will turn around in 2024 as the federal reserve appears cheerful as it has won the war on inflation which was largely around 2.7…
Seoul, Jan 17 (SocialNews.XYZ) South Korea’s top carmaker Hyundai Motor has sold one of its plants in China as part of a business reorganisation strategy in the world’s biggest auto market. Beijing Hyundai Motor, Hyundai’s…