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-
Nitin Gadkari suggests leather export industry to develop clusters in backward areas
The road transport and highways and MSME minister said the government can think of giving incentives to such clusters, which will have all the facilities like labs and design centres, for the leather industry. -
What Will Be The Impact Of Iran-Israel Conflict On Indian Economy? Expert Highlights 5 Potential Impact
On Saturday, Iran launched several drones and missiles towards Israel in retaliation for an alleged Israeli air strike on its consulate in Syria, resulting in the killing of three top Iranian generals.
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India's Infosys falls as annual revenue outlook disappoints
Infosys shares fell 2.9% due to disappointing revenue forecast. TCS performed better. Analysts are concerned about growth predictability and execution risk, impacting target prices. -
Stock market crash today: BSE Sensex plunges 600 points to below 72,000 level; Nifty50 around 21,800 as bear attack continues
Stock market crash today: BSE Sensex and Nifty50 continued their losing streak on the last trading day of the week. Driven by global cues and the Iran-Israel conflict, the BSE Sensex plunged 600 points below the 72,000 level and Nifty50 went close to 21,800. -
Oil surges, equities sink as Iran blasts fan MidEast escalation fears
Oil prices rallied and equities sank Friday as reports said explosions had been heard in Iran and Syria, fuelling fears of an escalation of the Middle East crisis after last weekend's missile attack on Israel by Tehran. "It is now clear that the escalating shadow warfare between Israel and Iran... has finally ignited the powder keg in the Middle East, and we have moved decisively out of the shadows and into the glaring light of open conflict," said Stephen Innes of SPI Asset Management. -
Infosys' Full-year Employee Strength Drops For 1st Time In 23 Years
The full financial year headcount was 317,240 -- a 7.5 per cent decrease from the previous fiscal year. -
Musk's date with Indian spacetech startups
Elon Musk to meet Indian spacetech startups in Hyderabad and Bengaluru for EV investment talks. Expected attendees include founders from various companies and PM Narendra Modi. InSpace facilitates the event. -
India ready to tackle impact of Iran-Israel conflict: FM Nirmala Sitharaman
India monitors Iran-Israel conflict's impact, ready to safeguard economy. Sitharaman proactive in India's interest, monitoring oil prices and import bill. Importing oil from Russia as precaution. -
After NSE, BSE warns of its MD's deepfake video
BSE and NSE caution against fake videos showing their MDs giving stock advice on social media. Investors urged to avoid deceptive recommendations. BSE and NSE take steps against misrepresentation. -
Tata Motors to make Jaguar Land Rover cars at new 1 bn dollar Tamil Nadu plant
Tata Motors to build $1 billion plant in Tamil Nadu for JLR cars. JLR contributes two-thirds of Tata Motors' revenue, with strong global sales growth in 2023. -
Price check: Imports of pulses surge 93% in FY24
India's pulses imports surged by 93% to $3.7 billion, stabilizing prices amid retail inflation. Government actions addressed shortages in Indian thalis by importing from various countries like Tanzania, Canada, and Mozambique. -
Textile exports down for second year in FY24
India's textile exports declined to $34.4 billion in FY24 due to geopolitical issues. The sector saw a $740 million YoY increase, with North America leading at $11 billion. Europe followed, indicating challenges and potential for growth in the industry. -
Median group health cover rises to Rs 5 lakh
Companies increase wage expenditure on health insurance due to rising costs. Median sum insured rises to Rs 5 lakh. India's benefits budget is 2%, lower than US and Europe. Global startups have a higher sum insured at Rs 10 lakh. -
At 7.1%, Odisha records highest retail inflation
Odisha, Assam, and Haryana had the highest inflation rates in March, while Delhi recorded the lowest. Factors such as vegetables, pulses, and RBI decisions are influencing the inflation patterns across states and Union territories. -
Infosys returns 1.1 lakh crore to shareholders in 5 fiscal years
Infosys returned Rs 1.1 lakh crore to shareholders in 5 years, equals $12.8B. Unchanged 85% distribution policy. 15 payouts made, Rs 80,000 crore through dividends. Investor receipt by FY24: Rs 377.5/share. Rs 26,800 crore returned via buybacks. -
At 1.4%, Infosys sees lowest growth in its 43-year history
Infosys reported its lowest annual revenue growth of 1.4% for FY23-24, with shares dropping 5% on NYSE. Revenue forecast for FY25 is 1-3%, affected by macro-economic uncertainties like US Fed rate cuts and lower discretionary spending. -
DNA Exclusive: How Nestle's Cerelac Is Playing With Health Of Indian Babies
Nestle Cerelac does not make your child healthy; it makes them sick, claimed a report. -
RBI Imposes Monetary Penalties On Four Co-operative Banks
The penalty on Rajkot Nagarik Sahakari Bank was imposed for granting loans to companies in which the bank's directors held interests. -
Infosys Profit Jumps 30% To Rs 7,969 Crore In Q4
The company expects a revenue growth of 1-3 percent in constant currency for FY25 and an operating margin of 20-22 percent. -
Force Gurkha 5-Door SUV's Interior Teaser May Leave You Awestruck: Watch
According to the teaser Force Gurkha 5-Door will feature storage space with a lid above the larger touchscreen infotainment system of a 7.0-inch unit. -
Varyaa Creations IPO To Open On April 22: Check Lot Size, Price Band, And More
The public issue will open for subscription on Monday, April 22, and close on Thursday, April 25. -
Infosys Profit Jumps 30 Per Cent To Rs 7,969 Crore In Q4
During the financial year ended March 2024, net profit increased by 8.9 per cent to Rs 26,233 crore from Rs 24,095 crore recorded in FY23. -
NSE To Launch Derivatives On Nifty Next 50 Index Starting April 24
The Nifty Next 50 Index represents 50 companies from Nifty 100 after excluding the Nifty 50 companies. -
Infosys Q4 results: IT major reports 30% YoY growth in profit to Rs 7,969 crore; revenue falls short of expectations
Infosys Q4 results: The company reported revenue growth of 1.3% year-on-year, amounting to 379.23 billion rupees ($4.54 billion) for the January-March quarter, which was lower than the analysts' expectation of 386.24 billion rupees. -
Golden Opportunity To Own Plot In Greater Noida: YEIDA Relaunches Group Housing Scheme -- Check Details
The last date for registration and fee submission is May 20. -
New EPF rule doubles auto withdrawal claim limit to Rs 1 lakh under 68J; check how to claim and other details
EPFO raised auto claim limit to Rs 1,00,000 under Paragraph 68J. Members can request advance without documents. Circular notified parties. Online claim process: login with UAN, verify KYC, select claim, authenticate via OTP. -
Selling In Indian Stock Market Continues For The Fourth Session
While the Nifty slides 152.05 points to close at 21,995.85, Sensex also lost 454.69 points to close at 72,488.99. In the Nifty 50 list 36 shares closed with decline while only 14 shares closed with gain. -
Bengaluru’s ‘costliest ever’ real estate deal? Quess Corp MD Ajit Isaac buys plot on 'Billionaire Street' for Rs 67.5 crore
Ajit Isaac's groundbreaking real estate acquisition in Koramangala's Billionaire Street sets a new price record in Bengaluru. Quess Corp.'s success in business services is evident across 644 locations in India and beyond. -
Nestle sugar controversy: Nestle India shares see worst day in 3 years, drop 5%
Shares of Nestle India dropped by 5.4% due to controversy over adding sugar to baby food products sold in India but not in Europe and UK. The revelation came to light when "Public Eye," a Swiss investigative organization, and IBFAN (International Baby Food Action Network) sent samples of Nestle's baby food products marketed in Asia, Africa, and Latin America to a Belgian laboratory for analysis. -
Tesla to release 300 temporary workers in Germany
Tesla has announced the release of 300 temporary workers in Germany as part of its global workforce reduction efforts. The company clarified that these are not layoffs but part of the contractual agreements. Most of the workers have been successfully relocated to new positions with other clients.
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