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Birla Corp Q4 Results:Consolidated revenue for the fourth quarter of the 2023-24 fiscal stood at Rs 2,682 crore, marking a 6.8 per cent growth over the same period last year.
JK Bank Q4 Results: Jammu and Kashmir Bankreported its highest-ever annual profit at Rs 1,767 crore for 2023-24.Its Managing Director and CEO Baldev Prakash said the net profit surged 48 per cent compared to the previous fiscal.
Avenue Supermarts Q4 Results:For the fiscal ended March 2024, the company said its consolidated net profit stood at Rs 2,536 crore against Rs 2,378 crore in FY23.
Last month's rainfall for Pakistan was a 164% increase from the usual level for April, according to a report published Friday by Pakistan's national weather centre.
CDSL Q4 Results:Total income rose 86 per cent to Rs 267 crore in March quarter 2023-24 from Rs 144 crore in the year-ago period.
IDBI Bank Q4 Results:Net Interest Income improved by 12 per cent in the March quarter to Rs 3,688 crore, as against Rs 3,280 crore in the fourth quarter of 2022-23.
At the meeting, which took place in Kiev on Thursday, Zelensky thanked the British government for recently approving the largest-ever military aid package for Ukraine, worth 500 million pounds ($630 million), Xinhua news agency reported.
Earthquake in Philippines:An offshore earthquake with a preliminary magnitude of 6.0 rocked Leyte province in the central Philippines, the Philippine Institute of Volcanology and Seismology said.
Consumer goods makers have seen steady demand for certain food items such as chocolates and biscuits, especially in urban areas, while prices of key raw materials including wheat, milk and sugar have eased, helping their bottom line.
Apart from trading, the total revenue was also supported by other revenue lines, including listing, index services, data services and co-location facility, the exchange added. NSE Board has recommended a dividend of Rs 90 per share (pre-bonus) for the fiscal year ended 2023-24, amounting to a pay-out of Rs 4,455 crore.
Total income rose to Rs 11,472 crore during the period under review from Rs 9,419 crore in the fourth quarter of the 2022-23 fiscal.For the year ended March 31, 2024, the company posted a consolidated PAT of Rs 3,496 crore as compared with Rs 3,274 crore in FY23.
Total income increased to Rs 1,200.30 crore from Rs 973.20 crore in the year-ago period. Total expenses also rose to Rs 782.93 crore from Rs 677.77 crore.The company's board has recommended a dividend of 55 paise per share.
Patanjali Research Foundation and Chennai-based SRM Centre for Clinical Trials and Research will now jointly conduct clinical trials on Ayurvedic medicines. A Memorandum of Understanding was signed between the two institutions to this effect here on Friday.
Donors and the Asian Development Bank (ADB) have agreed for the replenishment of ADF and Technical Assistance Special Fund (TASF) during the 57th Annual Meeting of the Manila-based multilateral funding agency here.
Making the disclosure as part of notes to their respective January-March quarter and 2023-24 financial results statements, all the firms in almost identical statements said there is no material non-compliance with applicable laws and regulations and no material consequential effect.
The broadband subscriber base rose to 92.4 crore, as per the monthly subscriber report published by the Telecom Regulatory Authority of India (Trai).
Carborundum Universal Q4 Results:Abrasives manufacturer Carborundum Universal Ltd (CUMI) has recorded a consolidated net profit of Rs 142.56 crore for the January-March 31, 2024 quarter, the company said.
The Deputy Commissioner (ST) STU-1 of GST, Punjagutta Division, Hyderabad, Commercial Taxes Department, Telangana, has passed an order under relevant provisions of the Central Goods and Services Tax Act, 2017 and TGST Act 2017 for the FY 2018-19 to this effect.
Investors also get an income tax exemption on deposits up to Rs 1.50 lakh in five-year FDs.
The company said it looks to utilise the proceeds to enhance financial resources to fund its growth.
Bajaj Pulsar NS400offers a fresh headlight design and muscular fuel tank extensions, while maintaining the iconic silhouette of the Pulsar NS series. Notably, the motorcycle is expected to sport a colour LCD display integrated with Bluetooth connectivity and turn-by-turn navigation.
The five-year FD provides a tax exemption of up to Rs 1.50 lakh on deposits under Section 80C of the Income Tax Act. On the other hand, mutual funds are market-linked programmes where funds invest their money in equities, debts, corporate bonds, and government securities.
Godrej Properties Q4 Results:Realty firm Godrej Propertiesreported a 14 per cent increase in its consolidated net profit to Rs 471.26 crore for the quarter ended March on higher income amid strong housing demand.
MRF March Quarter Results: Chennai-headquartered tyre manufacturer MRF reported a 7.6 per cent fall in standalone net profit to Rs379.55 crore for the January-March period. Its quarterly margin, a key measure of profitability, contracted by 50 basis points (bps) to 14.2 per cent.
Smriti Irani has invested in Motilal Oswal Tax Saver Fund among other funds. It is an Equity Linked Savings Scheme (ELSS) fund, which provides tax benefits of up to Rs 1.50 lakh under Section 80C of the Income Tax Act.
With an increase in orders in hand, the expansion will enable the company to fulfill customer orders promptly and efficiently, thereby meeting the growing demand for its products.
Its revenue from operations rose to Rs 2,992 crore in the period under review from Rs 2,875 crore in the fourth quarter of FY23.For the fiscal ended March 2024, the company posted a net profit of Rs 635 crore compared to Rs 182 crore in 2022-23.
The company has acquired 65 acres of land on long-term lease in Gujarat for the establishment of Green Energy Hybrid Power Plant Project worth Rs 5.72 billion.
These figures are after after exceptional and/or extraordinary items.The company's revenue from operations increased to Rs 5,412.80 crore during the March quarter, over Rs 5,015.21 crore in the year-ago period, the statement said.
FY24 was an exemplary year where the firm grew 13.3 per cent in CC organic terms, thus becoming one of the very few firms across the industry that were able to deliver on the annual growth guidance given at the beginning of FY24.
Coal India Q4 Results:Coal India Ltd (CIL) reported a 26.3 per cent jump in consolidated net profit to Rs8,682.2 crore for the fourth and final quarter of the financial year 2023-24.
In lump sum, one invests money in one go, while in SIP, you invest either a fixed amount at regular investment intervals or opt for a step-up SIP, where you systematically increase the amount every year. The lump sum investment is good for long-term investors who want their income to be compounded over the years.
The company is investing in India to tap the opportunity of a rapid rise in tourists travelling to foreign destinations as well as domestic places that are rapidly growing post-pandemic and where 90 per cent of its first-time bookers are Gen Zs.
For the financial year ended on March 31, 2024, Dabur India's net profit was at Rs 1,811.31 crore, up 6.46 per cent against Rs 1,701.33 crore in the year-ago quarter.
8th Pay Commission Latest News:In the recommendations of the 7th Pay Commission, the fitment factor was kept at 2.57 times.
Luxury car maker BMW on Thursday launched the new 'M4 Competition M xDrive' in India at an ex-showroom price of Rs 1,53,00,000.
Britannia Q4 Results Preview: Kolkata-based FMCG major Britannia, whose popular biscuit brands include Good Day,Tiger,Marie Gold and Milk Bikis, is estimated to register a consolidated net profit of Rs539 crore for the quarter ended March 31, which translates into a year-on-year decline of 3.4 per cent.
Post Office Scheme: UnderPublic Provident Fund or PPF scheme, to get Rs 24 lakh, you just need to save Rs 250 every day. This means, you will have to invest Rs 7,500 every month for 15 years.PPF account holders also get the loan facility. You get the loan based on the amount deposited in your PPF account. This loan is cheaper than an unsecured loan.
Sales in Q1 2024 were at USD 16.28 billion as compared to USD 18.50 billion in the year-ago period. Steel shipments in first quarter of 2024 were 13.5 MT, lower than 14.5 MT in Q1 2023.
Gratuity Calculation:An important thing about gratuity calculation is that if an employee works for more than 6 months, it will be calculated as one year.
According to the Hinduja Group company, it reported a nine per cent rise in domestic sales to 13,446 units in April 2024 compared to 12,366 units in April 2023.
This landmark transaction marks Avaada'sfirst endeavour in developing a greenfield project under an existing Special PurposeVehicle.
An employee contributes a minimum of Rs 1,800 and a maximum of 12 per cent of their basic salary to their EPF. Their employer in the equal proportion also contributes to the employee account. From the employer's contribution 8.33 per cent goes to the Employee Pension Fund (EPS) and 3.67 per cent goes to EPF.
This is another step towards the company's objective of promoting greater enrollment and empowerment of women in the logistics industry and also advancing overall diversity within the company, Delhivery said.
Before joining Airtel, Mandelia was heading the corporate health and wellness business units at Tata 1mg, along with corporate strategy.
Without naming Vodafone Idea (VIL), Indus Towers in its financial report said it has doubtful receivables of Rs 5,385.3 crore, comprising all overdue from the debt-ridden telecom firm as of March 31, 2024.
Its revenue from operations was up 1.36 per cent to Rs 888.02 crore during the quarter under review. It was at Rs 876.03 crore in the corresponding period a year ago.OCL's total expenses were up marginally to Rs 785.52 crore in the March quarter.
Last month, the automaker sold 4,351 units in the domestic market and 6,516 units in overseas locations.The company had registered sales of 5,313 units in the domestic market and exported 2,363 units in April last year.
The steel manufacturer Jindal Stainless has also entered into a joint venture (JV) for the development and operation of a stainless-steel melt shop in Indonesia, which has an annual production capacity of 1.2 million tonnes per annum (MTPA). The move which entails an investment of Rs 700 crore will see the melting capacity of the steel major go up by as much as 40 percent to 4.2 MTPA.
The investments will be focused on technology, electronics, and glass businesses apart from the other activities that the group is engaged in, Agarwal told reporters here.