37 C 
During the fourth quarter of last fiscal, the company's consolidated net profit surged to Rs 71.15 crore from just Rs 55 lakh in the year-ago period.
U.S. food regulator gathering information on MDH, Everest spices after alleged contamination
Hong Kong this month suspended sales of three MDH spice blends and an Everest spice mix for fish curries. Singapore ordered a recall of the Everest spice mix as well, saying it contains high levels of ethylene oxide.
HCLTech Q4 FY24 Results: HCLTech reported an 8.4 per cent fall in consolidated net profit to Rs3,986 crore for the fourth and final quarter of the financial year 2023-24.HCLTech declared a dividend of Rs18 per share with a record date of May 7.
RBL Bank Q4 results 2024: The private lender has declared strong operating profit growth of 49% YoY and 1.50 per share dividend for the eligible shareholders
In a move to protect depositors, the Federal Deposit Insurance Corporation (FDIC) has appointed Fulton Bank, N.A. of Lancaster, Pennsylvania, to assume substantially all deposits and purchase most assets of the failed Republic First Bank, based in Philadelphia.
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Apollo 24/7 secures Rs 2,475 cr investment and 12.1% Advent stake in mega merger with Keimed
The combined entity is valued at Rs 22,481 crore, positioning it as a leading retail health company in India. The merger aims to deliver substantial industry benefits and a pan-India presence, enhancing access to genuine medicines for 1.4 billion Indians within 24 hours.
Yes Bank Results Live Updates: Bank to post earnings on April 27, shares surge ahead of report
Yes Bank Results Live Updates: Shares of YES Bank Ltd experienced an uptick in the trading session on Friday, in anticipation of its upcoming earnings release. The private sector bank is set to announce its results for the quarter and the financial year that concluded on March 31 today.
Lok Sabha Election 2024 Live: Phase 2 witnesses 64% voter turnout; Tripura recorded highest at 80%
Google plans to invest USD 2 billion to build data centre in northeast Indiana, officials say
Google plans to invest USD 2 billion to build a data centre in northeastern Indiana that will help power its artificial intelligence technology and cloud business, company and state officials said.
Wall Street Humbled as Fast-Reversing Markets Confound the Pros
With inflation up, economic growth down and two-year Treasury yields testing 5%, Bill Gross sensed the music in markets was fading, and said it was time to get over the likes of the Magnificent Seven.
ICICI Bank Q4 results preview: Experts see rise in PAT, NII; contraction in NIMs
Q4 results 2024 today: ICICI Bank is likely to post mid-teen annual growth in net profit, driven by healthy loan book growth, say experts
Apollo Health to open 70 new diagnostic labs, to double down on clinic network
Apollo Health offers a comprehensive range of diagnostic services, from basic tests to specialised and super-specialised genetic testing. With over 100 labs currently, Apollo Health plans to add approximately 70 more labs in the next 12 to 18 months.
Q4 results 2024: Yes Bank, ICICI Bank to IDFC First Bank: 13 companies to declare Q4 results today
Q4 results 2024: 13 listed companies thare are going to declare Q4 resuls today include ICICI Bank, Yes Bank, IDFC First Bank, RBL Bank, and L&T Finance
Bank holiday today: Are banks open this Saturday, April 27?
Bank holiday on April 27: Essential banking services such as ATMs and Internet banking will continue to operate as normal. This closure aligns with the banks' usual operational schedule.
Google parent Alphabet soars past $2 trillion market cap on AI strength
Alphabet Inc. closed decisively above a $2 trillion market capitalization for the first time on Friday, as a powerhouse earnings report reassured investors that the Google parent would be a major player in artificial intelligence.
Mint Explainer: The brouhaha behind Indias masala mixes and their contamination
Mint takes a look into the possible implications for India's spices industry following the recall of certain food products by Hong Kong and Singapore authorities
Tesla Layoff: Elon Musk's EV maker to lay off 693 employees in Nevada after cars price cuts
Tesla Layoff: Earlier in the week, the company filed the notice with the Nevada Department of Employment, Training, and Rehabilitation in compliance with U.S. labour laws, requiring companies with 100 or more employees to provide 60 days' notice before major layoffs.
Zensar Technologies Q4 Results Live : profit rise by 45.39% YOY
Zensar Technologies Q4 Results Live : Revenue increased by 1.41% YoY & profit increased by 45.39% YoY
Welspun Living Q4 Results Live : profit rise by 16.44% YOY
Welspun Living Q4 Results Live : Revenue increased by 19.56% YoY & profit increased by 16.44% YoY
Oracle Financial Services Softwa Q4 Results Live : profit rise by 16.86% YOY
Oracle Financial Services Softwa Q4 Results Live : Revenue increased by 11.69% YoY & profit increased by 16.86% YoY
ACC Q4 Results Live : profit rise by 300.96% YOY
ACC Q4 Results Live : Revenue increased by 12.9% YoY & profit increased by 300.96% YoY
Bajaj Finance Q4 Results Live : profit rise by 21.11% YOY
Bajaj Finance Q4 Results Live : Revenue increased by 30.71% YoY & profit increased by 21.11% YoY
Tech Mahindra Q4 Results Live : profit falls by 40.86% YOY
Tech Mahindra Q4 Results Live : Revenue decreased by 6.17% YoY & profit decreased by 40.86% YoY
Avantel Q4 Results Live : profit rise by 26.23% YOY
Avantel Q4 Results Live : Revenue decreased by 20.5% YoY & profit increased by 26.23% YoY
Chennai Petroleum Corporation Q4 Results Live : profit falls by 38% YOY
Chennai Petroleum Corporation Q4 Results Live : Revenue decreased by 2.47% YoY & profit decreased by 38% YoY
Tanla Platforms Q4 Results Live : profit rise by 8.27% YOY
Tanla Platforms Q4 Results Live : Revenue increased by 20.6% YoY & profit increased by 8.27% YoY
PNGS Gargi Fashion Jewellery Q4 Results Live : profit rise by 69.77% YOY
PNGS Gargi Fashion Jewellery Q4 Results Live : Revenue increased by 116.93% YoY & profit increased by 69.77% YoY
Dalmia Bharat Q4 Results Live : profit falls by 46.52% YOY
Dalmia Bharat Q4 Results Live : Revenue increased by 10.1% YoY & profit decreased by 46.52% YoY
Gayatri Sugars Q4 Results Live : profit falls by 50.04% YOY
Gayatri Sugars Q4 Results Live : Revenue decreased by 0.89% YoY & profit decreased by 50.04% YoY
Bombay Wire Ropes Q4 results : profit at 0.03Cr, Revenue decreased by 0% YoY
Bombay Wire Ropes Q4 results : Revenue decreased by 0% YoY & profit at 0.03Cr
Coromandel International Q4 Results Live : profit falls by 34.95% YOY
Coromandel International Q4 Results Live : Revenue decreased by 28.55% YoY & profit decreased by 34.95% YoY
L&T Technology Services Q4 Results Live : profit rise by 0.24% YOY
L&T Technology Services Q4 Results Live : Revenue increased by 7.04% YoY & profit increased by 0.24% YoY
Supreme Petrochemicals Q4 Results Live : profit falls by 17.71% YOY
Supreme Petrochemicals Q4 Results Live : Revenue increased by 12.69% YoY & profit decreasedby 17.71% YoY
Enkei Wheels India Q1 results : profit at 8.87Cr, Revenue increased by 67.34% YoY
Enkei Wheels India Q1 results : Revenue increased by 67.34% YoY & profit at 8.87Cr
Laurus Labs Q4 Results Live : profit falls by 26.58% YOY
Laurus Labs Q4 Results Live : Revenue increased by 4.26% YoY & profit decreased by 26.58% YoY
Aavas Financiers Q4 Results Live : profit rise by 12.34% YOY
Aavas Financiers Q4 Results Live : Revenue increased by 21.41% YoY & profit increased by 12.34% YoY
Netflix release date for 'A Family Affair': When to watch Nicole Kidman, Zac Efron's movie
'A Family Affair' featuring Nicole Kidman, Zac Efron will be releasing on Netflix. We have all details from the OTT streaming giant.
King Charles to resume public duties amid cancer treatment progress
King Charles III to resume public duties after medical approval, with managed events and continued treatment programme. The palace spokesperson confirmed no full summer programme, with audiences with Prime Minister Rishi Sunak continuing as part of official state business.
The View: When will the daytime talk show be back with new episodes?
For devoted fans of The View, the absence of their favorite daytime talk show for the past week may have raised questions. However, there's no need to worry, as the hit series will soon be back with fresh episodes.
CSB Bank Q4 Results: Net profit of private sector lender falls 3% to Rs 151 crore
On the asset quality side, the bank's gross non-performing assets (NPAs) rose to 1.47 per cent of gross advances as of March 31, 2024, from 1.26 per cent at the end of March 2023.
Its revenue from contracts with customers rose 62.39 per cent to Rs 80.03 crore against Rs 49.28 crore in Q4 FY23, according to a regulatory filing by the company on Thursday.
Britain's King Charles III will resume public duties next week after cancer treatment, palace says
The palace said Charles would make a public visit to a cancer treatment centre on Tuesday in the first of several appearances he will make in coming weeks. One of his first major engagements will be hosting a state visit by the emperor and empress of Japan in June. The palace didn't provide an update on the king's health or his treatment, though it says that the medical team are very encouraged by the progress made so far and remain positive about the King's continued recovery.
ATC Telecom Infrastructure exits Vodafone Idea; sells entire stake for Rs 1,840 crore
Citigroup Global Markets Mauritius acquired more than 49.12 crore shares, amounting to a 0.98 per cent stake in VIL. The shares were bought at an average price of Rs 12.70, taking the deal value to Rs 623.88 crore.
CESC acquires company engaged in under-construction 300 MW solar park in Rajasthan
In a regulatory filing, CESC said Purvah Green Power has completed the acquisition of the 100 per cent stake in Bhadla Three SKP Green Ventures at a consideration of Rs 3.84 crore.
HCL Technologies projects weaker year ahead than FY24
HCL Technologies saw its operating margin remain flat through FY24, as discretionary deals continue to remain thin.
Maruti Suzuki plans an affordable hybrid rollout
The carmakers Japanese parent, Suzuki, is working on technology that would make hybrid vehicles affordable in India.Maruti is also seriously considering bringing Suzukis plug-in hybrids to India, although not immediately
IREDA granted Navratna status from department of public enterprises
IREDA's performance in the January-March quarter exhibited enhanced margins and improved asset quality.
'Lord of the Rings' trilogy to return to theaters. When will the three-day event begin?
Warner Bros. and Fathom Events have collaborated for this three-day event that begins June 8 with the first movie, 2001s 'The Fellowship Of The Ring.' It will be followed by 2002s 'The Two Towers' on June 9 and 2003s 'The Return of the King' on June 10.
Aditya Birla AMC Q4 dividend: Asset management firm announces Rs 13.50 dividend alongwith Q4 results
The company registered the highest-ever profit in FY24. Its total revenue for FY24 is at Rs 16.4 billion; up 21 per cent YoY.
Rahul Gandhi's 'Uncle Sam' has come up with plan to gobble up people's wealth: BJP
Prime Minister Narendra Modi on Thursday seized upon a remark by Sam Pitroda, the US-based president of the Congress overseas wing, on inheritance tax to step up the ruling BJP's attack on the issue of wealth redistribution. The Congress distanced itself from Pitroda's comments and asserted it had no plan to introduce such a tax.
Apollo Hospitals' unit to raise Rs 2,475 crore from PE firm Advent International
Asubsidiary of Apollo Hospitals, Apollo 24|7 said it has also entered into a frameworkagreement to integrate 100 per cent of Keimed Private Ltd.
India's aviation-hub dreams get new wings as IndiGo takes long-haul route
A firm order for 30 Airbus wide-body aircraft by IndiGo along with purchase rights for another 70, coupled with Air Indias 70 wide-body aircraft order in 2023, could provide a competitive edge to domestic airlines against foreign carriers.
Swiggy makes confidential filing for IPO
Earlier this week, Swiggy secured shareholder approval for a potential $1.25 billion public offering
The board hasannounced the record date of the dividend i.e. May 7, 2024, and the same will be paid on May 15, 2024.
For the quarter (Q4 FY24), the company registered a revenue of Rs 28,499 crore, up 7.1 per cent YoY, with net income at Rs 3,986 crore, down 8.4 per cent on a quarterly basis and up 0.1 per cent YoY.
Mahindra Holidays & Resorts Q4 results: PAT jumps 47.7% to Rs 83.2 crore
For the entire 2023-24, the company reported a consolidated profit after tax of Rs 116.05 crore against Rs 113.82 crore in the preceding fiscal, according to a regulatory filing.
SBI Life Q4 Results: Net profit rises 4% to Rs 811 crore, exceeds analysts' expectations
SBI Life Q4 FY24 Results: SBI Life Insurance Company reported a 4.4 per cent rise in standalone net profit to Rs810.8 crore for the quarter ended March 31.
RBI releases draft regulation for web aggregation of loan products in digital lending
The RBI said banks and NBFCs should ensure that their LSPs provide a so-called digital view of all the loan offers available to the borrower from all the willing lenders that the LSP has arrangements with.
Apollo Hospitals' arm to raise 2,475 crore from Advent International
The transaction will also see the merger of two units under Apollo Healthco its wholesale pharma distribution unit Keimed Pvt Ltd and online healthcare business Apollo 24/7
SBI Card Q4 results: Net profit rises 11% to 662 crore, revenue up 14% to 4,475 crore
SBI Card Q4 results: Company posted 11.05 per cent year-on-year (YoY) increase in its net profit for the March quarter of the financial year 2023-24, reaching 662.37 crore compared to 596.47 crore reported in the corresponding period of the previous year.
HCL Tech Q4 results: Attrition rate drops to 12.4% as tech giant posts net profit of 3,986 crore
HCL Technologies reported a net profit of 3,986 crore in Q4 FY24 with attrition rate decreasing to 12.4% and a net addition of 1,537 individuals.
Bajaj Holdings Q4 results: Net profit doubles to 2716.1 crore, dividend declared
Bajaj Holdings Q4 results: The total income of the company registered exponential growth of 1052% from 106 crore in the previous fiscal year to 1,221.6 crore during Q4FY24
HCL Tech Q4 results: Tech giant announces interim dividend of 18/share for FY25; Details here
HCL Tech Q4 results: Net profit at 3,986 crore, announces interim dividend of 18 per share
Delhi HC asks DGCA to deregister aircraft of Go First airline lessors in 5 working days
The court ordered that all maintenance tasks in respect of the aircraft shall be undertaken by the lessors and all of their authorized representatives up to and until the time the aircraft are de-registered and exported, in pursuance of Rule 32A of the Aircraft Rules.
Multibagger KSB announces 1:5 stock split
The board of pump and valve maker KSB on Friday approved splitting its shares in the ratio of 1 to 5.
Macrotech Developers, which sells its properties under the Lodha brand, registered a 20 per cent growth in its sale bookings (also called pre-sales) to a record Rs 14,520 crore last fiscal.
Shriram Finance Q4 dividend: NBFC announces Rs 20 dividend alongwith results
Shriram Finance's consolidated net profit increased by 22.27 per cent to Rs 5,543 crore in Q4FY24 from Rs 4,533.63 crore in Q4FY23. Its net interest income for the fourth quarter ended 31st March 2024 increased by 22.27 per cent to Rs 5,543.47 crore as against Rs 4,533.63 crore in the same period of the previous year.
Kotak Mahindra Bank faces setback in credit card growth, profitability due to RBIs curbs: S&P Global
The global ratings agency said the curb will not materially affect Kotak Banks ratings (BBB-/Stable/A-3) as credit cards make up a small (4 per cent of total loans) portion of the portfolio.
Maruti Suzuki Q4 Results: The country's largest car maker's revenue from operations rose 19.3 per cent to 38,235 crore, compared to 32,048 crore in the year-ago period.
Centre to allocate higher sales quota to sugar mills in May to tame prices
The government fears that rising prices at the mill level may lead to a spike in retail prices if not curbed immediately by releasing higher stocks of sugar.
Delhi High Court directs DGCA to process applications moved by various lessors to de-register their aircrafts on lease with the crisis-hit airline Go First.
Maruti Suzuki Q4 Results: Maruti Suzuki India reported a 47.8 per cent year-on-year jump in standalone net profit to Rs3,877.8crore for the quarter ended March 31. Its quarterly revenue grew 19.3 per cent to Rs 38,234.9 crore.The auto giant declared a dividend of Rs 125 per share.
Freed Israeli hostage recounts Hamas captor's marriage proposal and how she handled it
Noga and Shiri face Hamas in Gaza, Netanyahu's cabinet targets strongholds. Death toll rises, crisis deepens with civilian displacement. Aid agencies struggle amid Palestinian casualties.
SC issues show cause notice to AIFF president over delay in election petition
The Supreme Court issued a show cause notice to Kalyan Chaubey, President of the All India Football Federation, for seeking adjournments in an election petition before the Calcutta High Court, accusing him of employing delaying tactics. The petition pertains to the Maniktala assembly constituency in North Kolkata, vacated after the demise of TMC MLA Sadhan Pandey in 2022.
Lok Sabha Elections 2024 Phase 2: Hema Malini, Navneet Rana to Danish Ali-Key candidates react
Weaving Wamsutta in portfolio is a gamechanger, says Indo Count
With the acquisition of Wamsutta from Bed Bath & Beyond, Indo Count expects its revenue and margin profile to reasonably improve in the next two to three years
Nomura net profit leaps as retail income surges
The results show Nomura's continued recovery after it was forced to slash its profit targets for its three core businesses - retail, wholesale and investment management - last May after the market turmoil.
Yes Bank Q4 Result Preview: Strong PAT growth likely even as NIIs may may fall 3% YoY
Yes Bank Q4 Result Preview: Yes Bank is projected to announce a net profit ranging from Rs 252 crore to Rs 427 crore for the quarter ending March 31, 2024, as per estimates by three brokerages. This represents a significant year-on-year (YoY) increase of 24% to 111%
Tata Chemicals Q4 preview: PAT to erode 73% YoY; decline in soda ash price to weigh on co.'s revenue
Further, net profit more than halved to Rs 158 crore as against Rs 391 crore in the same quarter a year-ago.
Sandur Manganese to acquire 80% stake in Arjas Steel
The company did not reveal the financial details of the deal. However, the enterprise value of Arjas Steel Pvt Ltd (ASPL) is Rs 3,000 crore.
REC to announce Q4 results next week; NII likely to rise 22.3% YoY
REC Q4 Results Preview:REC is expected to report loan growth of 19 to 20 per cent.
With new Airbus order, IndiGo is likely taking a flight to becoming premium
Indias largest airlines decision to buy 30 Airbus A350-900s with options for 70 more could be the first of many steps to shedding its inherent low-cost speciality.
Will funding hibernation end for Indian startups? Investors see inflow rebound in 2024
Startups funding in India declined by 40% in 2024 from January to March compared to the previous year, totaling $2 billion. Two new unicorns emerged in 2024. Investors are optimistic about the startup ecosystem's potential for rapid recovery and growth.
Nokia maker HMD Global open to sourcing chips from India, says top executive
Ravi Kunwar, vice-president, India and APAC at HMD Global, told Mint that the country will be a production and export hub for both the Nokia and HMD brands.
Capria closes Rs 153 crore India Opportunity Fund following multi-fold returnfrom Awign exit
Capria Venturessaid it has closed its Rs 153 crore India Opportunity Fund after receiving multi-fold return from exiting HR tech firm Awign. The venture capital firm has sold its stake in Awign to Japan-based human resource solutions provider Mynavi Corporation.
Bank of Maharashtra Q4 results: Profit jumps 45% to Rs 1,218 crore
Bank of Maharashtra Q4 results:State-owned Bank of Maharashtra (BoM) on Friday reported a 45 per cent jump in its net profit to Rs 1,218 crore for the March quarter, helped by a decline in bad loans and a rise in interest income.
UltraTech Cement Q4 result preview: PAT likely to grow 24.7%; realisation expected to decline 2%
UltraTech Cement is likely to report a revenue of Rs 20,440 crore against Rs 18,662 crore year-on-year (YoY), up 9.5 per cent.
Q4 FY2024: Infrastructure major GG Engineering announces quarterly results
In FY23, the company reported a total income of Rs 11,082.83 lakh or Rs 110 crore.
