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Passport power: Why having visa friends is vital for business
Its a summer travel season when Indians will likely haggle over visa woes. How some other countries like the UAE boosted their passports could hold the key to make it easier for Indians as well.
Visiting Central Delhi today? Delhi Police advise commuters to avoid these roads and metro stations
Delhi Police have heightened security around BJP headquarters ahead of an AAP protest announced by Arvind Kejriwal. AAP didn't seek permission for the demonstration. Traffic police issued an advisory, warning of heavy traffic and road closures near the BJP office. The DMRC closed ITO Metro Station nearby. Kejriwal accused PM Modi of targeting AAP leaders, vowing to protest at the BJP office. Residents adjust travel plans amid heightened security concerns.
Q4 results so far: Total revenue up 10.6%, bottomline rises 10.1%
The results are available for 1,109 BSE-listed companies so far
A three-pronged taskforce in the works to rein in digital ads running amok
The ministries of information and broadcasting, electronics and information technology, and consumer affairs are joining hands to create a body to protect consumers from the dangers of misleading and fraudulent social media ads other digital promotions
Nayara Energy sees 48% jump in petrol sales, exports drop
Nayara Energy's export markets continue to be Africa, Southeast Asia and the Middle East.
Three people, including Patanjali Ayurved's assistant manager, were sentenced to six-month prison terms and fined for a failed quality test of a food product. Legal action was taken after issues were flagged with Patanjali Navratna Elaichi Soan Papdi in Pithoragarh, Uttarakhand.
Red Hat - the enterprise open-source solutions company that IBM bought in 2019 for about USD 35 billion, marking its biggest acquisition ever - is working with a great foundation base in India and is at an exciting point where the company is amplifying capabilities with technology roles.
Q4 results: ONGC, ITC, NTPC, Sun Pharma, Nykaa among companies to declare earnings next week
Domestically, the final significant wave of Q4 earnings announcements will influence individual stock fluctuations. Included in this list are prominent names such as FSN E-Commerce Ventures (Nykaa), ONGC, NTPC, Hindustan Copper, JK Lakshmi Cement, ITC, Sun Pharmaceuticals, and others.
Tata Motors group hikes investment outlay to 43,000 crore for FY25
In FY24, Tata Motors group had given a guidance of about 30,000 crore investment for Jaguar Land Rover and 8,000 crore for Tata Motors.
Tata Motors group hikes investment outlay to Rs 43,000 crore for FY25
In FY24, Tata Motors group had given a guidance of 3 billion pound investment for Jaguar Land Rover (about Rs 30,000 crore) and Rs 8,000 crore for Tata Motors -- a total of about Rs 38,000 crore.
Natural Ice Cream founder Raghunandan Kamath passes away
Raghunandan Kamath died at a hospital on May 17 after a brief illness, CNBC-TV18 report. The businessman, who was 75, is survived by his wife and sons.
Hershey faces larger lawsuit over missing designs on Reeses candies
All said they would not have bought anything had they known the candies would be unadorned
IPL 2024: Royal Challengers Bengaluru qualify for playoffs, defeat CSK by 27 runs in a thriller
NHPC Q4 Results Live : profit falls by 18.18% YOY
NHPC Q4 Results Live : Revenue decreased by 6.93% YoY & profit decreased by 18.18% YoY
Krishna Institue Of Medical Science Q4 Results Live : profit falls by 29.67% YOY
Krishna Institue Of Medical Science Q4 Results Live : Revenue increased by 10.05% YoY & profit decreased by 29.67% YoY
Texmaco Rail & Engineering Q4 Results Live : profit rise by 147.28% YOY
Texmaco Rail & Engineering Q4 Results Live : Revenue increased by 37.03% YoY & profit increased by 147.28% YoY
Wanbury Q4 Results Live : profit rise by 3211.99% YOY
Wanbury Q4 Results Live : Revenue increased by 4.84% YoY & profit increased by 3211.99% YoY
Wonderla Holidays Q4 Results Live : profit falls by 35.5% YOY
Wonderla Holidays Q4 Results Live : Revenue decreased by 0.87% YoY & profit decreased by 35.5% YoY
Sunshield Chemicals Q4 Results Live : profit rise by 78.75% YOY
Sunshield Chemicals Q4 Results Live : Revenue increased by 28.69% YoY & profit increased by 78.75% YoY
Ultramarine & Pigments Q4 Results Live : profit falls by 0.64% YOY
Ultramarine & Pigments Q4 Results Live : Revenue increased by 8.61% YoY & profit decreased by 0.64% YoY
Infibeam Avenues Q4 Results Live : profit rise by 26.36% YOY
Infibeam Avenues Q4 Results Live : Revenue increased by 11.37% YoY & profit increased by 26.36% YoY
India Inc embraces gender-neutral parental leave policies for inclusive work environment
India Inc revamps parental leave policies to support changing family structures and foster inclusion. Companies like Colgate-Palmolive and Hindustan Unilever introduce gender-neutral initiatives. Volvo Group and Standard Chartered enhance parental leave programs. Expert Mansee Singhal emphasizes economic benefits for organizations.
Patel Engineering Q4 PAT grows 78 pc to 140 crore
It had posted a 78.83 crore et profit after tax (PAT) from continuing operations during the year-ago period
Data Patterns reports 29% increase in net profit for Q4FY24
Despite a marginal decline in revenue for the fourth quarter, Data Patterns annual revenue surged by 16% to 519 crore
The new feature has already garnered a 7 per cent attachment rate, and according to Deepinder Goyal users are responding positively.
Nestle India shareholders reject proposal to hike royalty payment to parent firm
Nestle India said 57.18 per cent of the total votes were against the ordinary resolution and 42.82 per cent of the votes were in favour
Stop using banned calcium carbide for ripening fruits, gov warns traders as mango season peaks
The government also said that the State and Union Territory Food Safety Departments have been put on alert and urged to take action against violators under the provisions of the FSS Act, 2006.
Patel Engineering Q4 Results net profit revenue ebidta nse bse nifty sensex
Patel Engineering Q4 Results:The company's revenue from operations also rose by 11 per cent to Rs 1,343.18 crore from Rs 1,205.06 crore in the January-March quarter of the preceding 2022-23 fiscal.
Anupam Rasayan Q4 Results: Over 44% decline in net profit
Anupam Rasayan Q4 Results:The total income fell to Rs 413 crore in the January-March quarter of 2023-24 compared to Rs 504.2 crore in the year-ago period.
Why Indian retail pharmacy sector is on a growth trajectory
Pharmaceutical analysts have indicated that the sector's growth outlook remains positive.
Smartworks expands office space in Pune
Located in Balewadi, in close proximity to Balewadi High Street, the centre will offer easy access to a diverse range of recreational options
Graphene, a wondrous material, starts to prove useful
It could help launch satellites
Why Nestle India's shareholders rejected higher royalty payment to parent
Nestle India's shareholders cited insufficient justification for the hike, and some argued that the companys performance does not warrant the increased payments
Delhivery Q4 Results: Net loss narrows to Rs 68 crore
Delhivery Q4 Results:For the full 2024 fiscal, the company's net loss declined to Rs 259.2 crore from Rs 1,007.7 crore in FY23.
Norway sovereign wealth fund excludes APSEZ, joins 14 other Indian cos facing similar action
Norway's central bank has excluded Adani Group's port firm, APSEZ from its government pension fund over ethical concerns, making it the 15th Indian company to face such action
Ujjivan SFB Q4 Results: Net profit rises 6.5% to 329 crore, NII up 26% YoY; dividend declared
Ujjivan SFB Q4 Results: Net profit rises 6.5% to 329 crore, NII up 26% YoY; dividend declared
GAIL and CoolCo sign deal for newly built LNG carrier
The time charter for the LNG carrier will commence in early 2025, with GAIL having the option to extend the charter by two additional years beyond the firm 14-year period
If we work together, India can achieve all SDGs by 2030 says Ajay Piramal at CII Annual Business Summit 2024 Ajay Piramal, Chairman of the Piramal Group, delivered a compelling vision for India's economic future at the Confederation of Indian Industry (CII) Annual Business Summit 2024, held in New Delhi on Saturday. Speaking to ANI, Piramal outlined his projections for India's economy and emphasized the significant advancements needed in the electric vehicle (EV) sector to sustain growth. Piramal expressed optimism about India's economic trajectory, predicting that by 2029, India will become the world's third-largest economy, trailing only the United States and China. Underscoring the rapid progress expected over the next two decades, he said, Let's say in 2047, we'll have - we'll be the third-largest economy, maybe a USD 40 billion economy. Even now, in the next - I think by 2029, we'll be the third-largest economy. So only the U.S. and China will be ahead of us. So that's a big progress the country is making. Highlighting the importance of equitable development, Piramal discussed the 'aspirational districts' initiative launched in 2017 by Prime Minister Narendra Modi. These districts, identified for their lagging development indicators, are critical to achieving sustainable development goals (SDGs). Piramal said, And despite that, there are parts of India which if we were to also bring them up, then India's GDP will grow up and the economy will also grow. So that's what I also talked about. So the aspirational districts were identified in 2017 by the Honorable Prime Minister. These were where the sustainable development goes. We are half of the rest of what we need to be. I believe that if we work together, in partnership with the government, all civil societies and NGOs, India can achieve all the SDGs by 2030. The task is too huge to be done by any one person alone, hence, collaboration is a must, he added. Transitioning to the subject of technological disruption, Piramal emphasized the need to accelerate the adoption of electric vehicles (EVs) across India. He pointed out that two-wheelers and three-wheelers, which make up about 75 per cent of the country's vehicle population, are pivotal in this transition. (ANI)
Southwest Monsoon likely to advance into South Anadaman Sea around Sunday: IMD
The India Meteorological Department forecasts the Southwest Monsoon in South Andaman Sea, Southeast Bay of Bengal, and Nicobar Islands. Heavy rainfall expected in Peninsular India. Heatwave conditions continue in Northwest, East, and Central India with alerts for multiple states.
Future of manufacturing: Unilevers Dubai factory leads the charge in 4th industrial revolution
Why are Chinese nationalists turning on Chinese brands?
Even Huawei isnt patriotic enough, apparently
Nestle India shareholders reject proposal to hike royalty payment to parent
The motion called for the royalty paid to its parent to increase to 5.25% of net sales, net of taxes, compared to the current level of 4.5% over 5 years
N Vaghul, ex-ICICI Bank Chairman, on ventilator
Narayanan Vaghul, the Indian banker credited with building ICICI Bank, is in critical condition. He was the youngest chairman of Bank of India at 44 and was responsible for the return of KV Kamath to India from the Asian Development Bank in the mid-1990s. Vaghul is a recipient of Padma Bhushan in 2010 and has served as a director in several Indian conglomerates.
Sundaram Home Finance Q4 Results: Net profit at Rs 57 crore; disbursements breach Rs 5,000 crore
Sundaram Home Finance Q4 Results:Disbursements made during the quarter under review went up by 20 per cent to Rs 1,469 crore, as compared to Rs 1,222 crore registered in the same period of last year.
IDFC First Bank shareholders approve merger of IDFC Ltd with itself
Under the proposed reverse merger scheme, IDFC shareholders will get 155 shares for every 100 shares held in the bank. IDFC Ltd and IDFC First Bank shares have a face value of 10 each.
Poly Medicure Q4 Results Live : profit rise by 16.23% YOY
Poly Medicure Q4 Results Live : Revenue increased by 23.21% YoY & profit increasedby 16.23% YoY
Bharat Bijlee Q4 Results Live : profit rise by 80.66% YOY
Bharat Bijlee Q4 Results Live : Revenue increased by 36.69% YoY & profit increased by 80.66% YoY
Glaxosmithkline Pharmaceuticals Q4 Results Live : profit rise by 45.76% YOY
Glaxosmithkline Pharmaceuticals Q4 Results Live : Revenue increased by 18.08% YoY & profit increased by 45.76% YoY
Indraprastha Medical Corp Q4 Results Live : profit rise by 57.11% YOY
Indraprastha Medical Corp Q4 Results Live : Revenue increased by 15.17% YoY & profit increased by 57.11% YoY
Godrej Industries Q4 results : loss at 311.81Cr, Revenue decreased by 5.87% YoY
Godrej Industries Q4 results : Revenue decreased by 5.87% YoY & loss at 311.81Cr
JSW Steel Q4 Results Live : profit falls by 64.55% YOY
JSW Steel Q4 Results Live : Revenue decreased by 1.48% YoY & profit decreased by 64.55% YoY
Zydus Lifesciences Q4 Results Live : profit rise by 298.62% YOY
Zydus Lifesciences Q4 Results Live : Revenue increased by 18.56% YoY & profit increased by 298.62% YoY
TV Today Network Q4 Results Live : profit rise by 95.9% YOY
TV Today Network Q4 Results Live : Revenue increased by 16.42% YoY & profit increased by 95.9% YoY
Rising rates of hypertension driving growth in cardiac drugs market
The growth rate of the market value of anti-hypertensives recorded fluctuations over the years but maintained a stable demand overall, according to Pharmatrac data.
Modi's allegation of insult to Uttar Pradesh, a cheap tactic says DMK chief M K Stalin
DMK President M K Stalin criticizes PM Narendra Modi for divisive propaganda and neglecting key issues like reservation and welfare schemes in Tamil Nadu, accusing him of obstructing development projects and spreading lies during elections.
Hindus not represented in USCIRF, says Indian diaspora body
The head of a top Indian diaspora think-tank criticizes the US Commission on International Religious Freedom for lacking diversity and producing biased reports on India and Hindus. USCIRF announced new members Maureen Ferguson, Vicky Hartzler, Asif Mahmood, and re-appointments of Stephen Schneck, Eric Ueland. Khanderao Kand criticizes the missed historic opportunity for diversity and balance in the commission.
Celebrity Kangana vs 'royal' Vikramaditya on Himachal's Mandi seat: Clash of richest titans
In Himachal Pradesh's Mandi Lok Sabha constituency, the BJP's Kangana Ranaut and Congress's Vikramaditya Singh engage in a fierce campaign focusing on development, governance, and legacy. The battle for voter support intensifies as the two candidates highlight their agendas and seek to sway the electorate.
Dispelling AI Misconceptions: Insights from Salesforce India
Amidst India's socio-economic challenges, Arundhati Bhattacharya, Chairperson and CEO of Salesforce India sees AI as a potent tool for catalyzing positive change. Catch the full Mint interview:
Indian Oil signs second long-term LNG deal with France's TotalEnergies
Under the contract, TotalEnergies would supply 1 million metric tonne LNG per annum (mmtpa) to Indian Oil for a period of around 10 years.
GAIL secures 14-year charter with CoolCo for newly built LNG carrier
GAIL secures 14-year charter with CoolCo for newly built LNG carrier GAIL (India) Limited has signed a 14-year Time Charter Party with Cool Company Ltd, in a move to bolster its LNG carrier fleet, for a newly built LNG carrier. According to a press release, the charter agreement is set to commence in early 2025, with GAIL retaining an option to extend the charter by an additional two years beyond the initial 14-year period. This strategic partnership underscores GAIL's commitment to enhancing its LNG transportation capabilities in response to India's burgeoning demand for natural gas. Currently, GAIL operates a fleet of four LNG carriers. The addition of the new vessel aligns with the company's strategic plans to meet the rising demand for natural gas in India. S Bairagi, Executive Director (Marketing - Shipping & International LNG) of GAIL, expressed enthusiasm about the agreement, stating, GAIL is looking forward to taking delivery of the LNG carrier as part of its ambitious plans for meeting the large and growing demand for natural gas in India. CoolCo's CEO, Richard Tyrrell, also highlighted the importance of the agreement, saying, We are delighted to announce a long-term charter with GAIL, the leading gas company in one of the highest growth markets for LNG. The leading-edge technology and best-in-class economic and environmental performance of this newbuild LNG carrier secure GAIL's ability to transport clean-burning LNG in a highly efficient and cost-effective manner for many years to come. As India continues to expand its infrastructure to support natural gas usage, such strategic alliances are critical for meeting energy demands sustainably. The new LNG carrier, equipped with advanced technology, is expected to play a crucial role in this dynamic growth phase, ensuring efficient and environmentally friendly transportation of LNG. (ANI)
Q4 Results Today: Ujjivan Small Finance Bank, Krsnaa Diagnostics, Dodla Dairy, Data Patterns (India), Patel Engineering, Parag Milk Foods, Precision Wires India and Jain Irrigation Systems will today announce their earnings for the fourth quarter of FY24.
Personal guarantors in the crosshairs as lenders step up heat to recover their dues
The National Company Law Tribunal admitted 81 petitions against personal guarantors between January and March, the highest in seven quarters.Total debt involved in petitions against personal guarantors at the end of March was about 1.88 trillion
Bank Holidays: Are banks open THIS Saturday, May 18? Check details
Are banks open today? Yes they as there is a holiday only on the second and fourth Saturdays and all the Sundays in every month
Lenders refuse to extend RCap resolution deadline as Hindujas delay repayment
Changes in consortium structure and legal issues may be reasons for lenders' refusal extend deadline.
Rane Holdings Q4 results : profit at 31.4Cr, Revenue decreased by 7.19% YoY
Rane Holdings Q4 results : Revenue decreased by 7.19% YoY & profit at 31.4Cr
Granules India Q4 Results Live : profit rise by 8.4% YOY
Granules India Q4 Results Live : Revenue decreased by 1.65% YoY & profit increased by 8.4% YoY
Clean Science & Technology Q4 Results Live : profit falls by 12.74% YOY
Clean Science & Technology Q4 Results Live : Revenue increased by 4.92% YoY & profit decreased by 12.74% YoY
Mukand Q4 Results Live : profit falls by 76.8% YOY
Mukand Q4 Results Live : Revenue decreased by 5.58% YoY & profit decreased by 76.8% YoY
Premco Global Q4 Results Live : profit rise by 59.56% YOY
Premco Global Q4 Results Live : Revenue increased by 5.44% YoY & profit increased by 59.56% YoY
Kokuyo Camlin Q4 Results Live : profit rise by 18.93% YOY
Kokuyo Camlin Q4 Results Live : Revenue increased by 0.46% YoY & profit increased by 18.93% YoY
SNL Bearings Q4 Results Live : profit rise by 35.29% YOY
SNL Bearings Q4 Results Live : Revenue increased by 1.15% YoY & profit increased by 35.29% YoY
A2Z Infra Engineering Q4 Results Live : loss falls by 98.09% YOY
A2Z Infra Engineering Q4 Results Live : Revenue increased by 8.01% YoY & loss decreased by 98.09% YoY
Sicagen India Q4 Results Live : profit falls by 72.52% YOY
Sicagen India Q4 Results Live : Revenue decreased by 2.72% YoY & profit decreased by 72.52% YoY
HPL Electric & Power Q4 Results Live : profit rise by 21.84% YOY
HPL Electric & Power Q4 Results Live : Revenue increased by 16.91% YoY & profit increased by 21.84% YoY
Pricol Q4 Results Live : profit rise by 39.25% YOY
Pricol Q4 Results Live : Revenue increased by 11.59% YoY & profit increased by 39.25% YoY
ECI issues notice to BJP's Abhijit Gangopadhyay over remark on Mamata Banerjee
The Election Commission of India issued a showcause notice to Abhijit Gangopadhyay, a BJP candidate, for improper comments about Mamata Banerjee, seeking a ban on public activities and criminal proceedings.
UN raises India's 2024 growth forecast to 6.9%
The revision by the UN follows similar moves by other multilateral agencies following India's strong economic performance last fiscal.
The BJP aims to maintain and improve its performance in western Odisha, focusing on the leadership of Dharmendra Pradhan. The party won three out of five Lok Sabha seats in the region in 2019, and is working to secure its position in the upcoming polls. Pradhan, a prominent leader in the state, is contesting from Sambalpur this time. BJP faces competition from BJD, which has a strong presence in the region with schemes for the poor and tribals. The upcoming elections in Odisha are crucial, with Chief Minister Naveen Patnaik contesting from two seats, indicating a tough contest.
Boeing shareholders re-elect CEO David Calhoun, approve $32.8 million compensation: Reports
The planemaker firm came under heavy criticism on 5 January 2024 after a door plug blew out on a 737 Max jetliner operated by Alaska Airlines.
Siemens Gamesa's India wind biz up for sale at $1 billion valuation
Siemens Gamesa is expecting to break even by 2026 and is now choosing to focus only on the US and European markets.
Govt lens on misuse of antibiotics, DCGI seeks report within 2 weeks
This comes in the backdrop of excessive and irrational use of antibiotics in India which fail to work in patients when they are routinely exposed to these drugs.
CEO Pallia overhauls Wipro top management
Chief operating officer Amit Choudhary is second top-level exit as Pallia brings in his lieutenants.
JB Chemicals & Pharmaceuticals Q4 Results: Company reports 43% increase in PAT to Rs 126 crore
Revenue increased to Rs 862 crore in the fourth quarter as against Rs 762 crore in the year-ago period, JB Chemicals & Pharmaceuticals said in a statement. For the year ended March 31, 2024, the company said its PAT increased 35 per cent to Rs 553 crore as compared with Rs 410 crore in FY23.
BEML bags order for rear dump trucks worth Rs 250 crore from Northern Coalfields
The BH100 rear dump trucks are engineered to transport payloads of up to 100 tonnes and are specifically designed for the efficient handling of overburden and coal in heavy-duty mining operations, the company said in a press release.
Needle-Free Injection System: SII to acquire 20% stake in IntegriMedical
Needle-Free Injection System:IntegriMedical has developed a US patented Needle-Free Injection System (N-FIS) that utilizes high-velocity jet stream using mechanical power to effectively and consistently administer biologics and drugs.
Cremica eyes fundraise as investor plans exit
Kroll Inc's asset management unit that acquired a minority stake in Cremica from private equity firm Rabo Equity Advisors in 2022, plans to exit
Zee on track to achieving balanced cost structure, enhanced performance: Punit Goenka
Zee Entertainment swung to a net profit of 13.35 crore in the March quarter, with income increasing 3% to 2,185 crore.In February, Zee had said it was charting a three-pronged approachcutting costs, reducing businesses overlaps, and enhancing qualityafter its merger with Sony collapsed
JSW Steel Q4 Results: Net profit falls 65% to Rs 1,322 crore
During the period under review, its expenses stood at Rs 44,401 crore, as against Rs 43,170 crore a year ago.
LT Foods Q4 Results: Company posts 14% jump in net profit on strong sales
Total income rose to Rs 2,091.73 crore during the January-March quarter of 2023-24, from Rs 1,834.95 crore in the same period a year ago, the company said in a regulatory filing.
RBI calls for better governance in asset reconstruction companies
RBI pointed out that it has come across several cases of non-compliance by these asset reconstruction companies and reiterated that regulations need to be followed
