National / Zee Biz
The FMCG company is likely to report a revenue of Rs 2,832 crore against Rs 2,678 crore year-on-year (YoY), up 6 per cent.
Central Bank of India Q4 Results:On the asset quality side, the bank's gross Non-Performing Assets (NPAs) were reduced to 4.5 per cent of gross advances as of March 31, 2024, compared to 8.44 per cent by the end of March 2023.
According to the filing, the BHEL has entered into a strategic partnership agreement for the railway signalling business with HIMA Middle East FZE, Dubai.
IGTL is a 51:49 joint venture company of IGL and VLLs subsidiary GGSPL and with thisround of capital infusion both the JV partners have infused capital of Rs 544 Million in thisJV company.
Indian Oil Q4 Results:State-run Indian Oil Corporation reported a 40 per cent quarter-on-quarter fall in standalone net profit to Rs4,840 crore for the January-March period.
TheGurkha offers a 9-inch infotainment display, complemented by a full digital instrument cluster and various creature comforts. However, compared to other SUVs in its segment, such as the Thar, it falls short on certain features.
SES ESG Research, a wholly owned subsidiary of Stakeholders Empowerment Services (SES), has received the certificate of registration from SEBI to operate as a provider ofenvironmental, social and governance (ESG) ratings.
The panels would be mounted on hydro-elastic membranes, at relevant sites to be identified by NHPC. The agreement is in continuation of efforts towards sustainable development and addition of renewable energy capacity by NHPC, which is engaged not only in hydro power development but also in various renewable energy projects such as solar, wind and green hydrogen projects.
Star Health Insurance Q4 Results:Star Health and Allied Insurancereported a 40 per cent increase in net profit to Rs 142 crore for the fourth quarter ended March 2024.
Quinn, the lender said, has delivered record profits and the strongest returns in over a decade, adding that he has successfully simplified and focused the bank, most recently with the sale of the Canada and Argentina operations.
The company introduced the medication after receiving the marketing authorisation from the Central Drugs Standard Control Organization (CDSCO) earlier last year.
Pratik Agarwal, Managing Director, Sterlite Power, said, the company's GPS business is experiencing significant growth. These products are essential in driving the sector's expansion over multiple decades, spurred by the global shift towards energy transition and decarbonization.
The company's product is therapeutically equivalent to Hikma International Pharmaceuticals LLC's Mitigare Capsules (0.6 mg), it added.
Transcom recently acquired homegrown IT services company VCosmos, which is now called Transcom India.
Investors seeking guaranteed returns and monthly income can invest in Post Office Monthly Income Scheme (MIS). A one-time investment will help you get a fixed monthly income in this post office scheme.
Corporate Bonds: Bank Fixed Deposits offer conservative returns, typically around 5 per cent to 7 per cent per annum, while Aggarwal informs that corporate bonds yield higher returns, ranging from 7 per cent to 14 per cent per annum based on credit ratings.
Subject to shareholder approval, the lender will explore various methods like QIP (Qualified Institutional Placement), FPO (Follow-on Public Offer), etc, for issuing 400 crore equity shares of Rs 10 each, the bank informed bourses.
In an annual report, which comes amid bigger strides being made by digital payment modes like UPI that has led to notion of decline in cash usage, the company said monthly average automated teller machine (ATMs) cash withdrawals were at Rs 1.35 crore in FY23.
The consolidated profit after tax (before exceptional items and Non-Controlling Interest) from continuing operations declined to Rs 145 crore in the fourth quarter of the last fiscal, as compared to Rs 694 crore in the corresponding period of the preceding year, according to a regulatory filing.
NSEIT offers advanced digital transformation and cybersecurity services to global customers in capital markets, insurance, and banking.The deal excludes its digital examinations business, as per a statement, which said Investcorp has entered into an agreement to acquire NSEIT.
The company has received an order from the Joint Commissioner, CGST and Central Excise, passed under the GST Act, raising a demand of Rs 1,11,60,156, imposing a penalty of Rs 11,16,016 and interest as applicable, Sun Pharmaceutical Industries said in a regulatory filing.
The company had posted a consolidated net profit of Rs 14.26 crore in the same period a year-ago, Shoppers Stop said in a regulatory filing.Consolidated revenue from operations during the quarter under review stood at Rs 1,046.34 crore as against Rs 923.90 crore in the corresponding period of the previous fiscal.
Hemant Bakshi has resigned from the company with immediate effect. Ola Cabs division might lay off 10-15 per cent employees, a source said.Bakshi had joined the company in January, 2024.
The company, which follows the July-June financial year, delivered sales of Rs 681 crore, up 10 per cent from the year-ago period, driven by superior innovations across the portfolio, and strong brand fundamentals, according to a regulatory filing.
The company had posted a consolidated net profit of Rs 44.95 crore in the January-March quarter a year ago, according to a regulatory filing from Trent Ltd, which operates retail stores under the brand names -- Westside, Zudio and Star.
Dearness Allowance Hike, Children Education Allowance (CEA), Hostel Subsidy, CEA for Divyang children of Government employees, Special Child Care to women with disabilities, 7th Pay Commission:Alongwith the Dearness Alowance hike, the limit of a number of allowances for Central Government employees was automatically raised by 25 per cent after the Dearness Relief (DR) was hiked to 50 per cent from January 1, 2024.
The RBI has cancelled the licence ofAcemoney India Limited, a non-banking financial company, exercising its powers underSection 45-IA (6) of the Reserve Bank of India Act, 1934.The company, which had received the certificate of registration inFebruary 2017, provided loan services through a number of apps, including AgMoney,NiceCash, Leading Cash, TopCash, CreditEasy, InhanCash, KeyBorrow, Loan Union, Instant Loan, Urupee, RupeeUp, RupeeYes, Cashfull, Dreamloan, and Cash Dove.
FD Vs NSC Post Office Schemes: Like banks, many types of schemes are run by the post office, in which, one can get good guaranteed returns. Know about two such schemes which provide good interest along with tax benefits.
Total income duringthe quarter rose to Rs 1,806 crore from Rs 1,628 crore.
Havells India Q4 FY24 Results Preview: FMEG firm Havells India is likely to register a3.9 per cent year-on-year increase in consolidated net profit to Rs372 crore for the January-March period, according to Zee Business research. Havells is scheduled to report its financial results for the fourth and final quarter of FY24 on Tuesday, April 30.
We are making significant strides in building the network infrastructure required to facilitate widespread adoption of 5G in Karnataka, CEO-Karnataka, Bharti Airtel, Vivek Mehendiratta, said.
Evaluating cut and chip resistance of tyres is crucial for EVs due to their unique characteristics, such as regenerative braking and high-speed acceleration.
The company had reported a consolidated net loss of Rs 43.99 crore in the quarter ended on March 31, 2023, a regulatory filing said.
Mutual Fund Step-up SIP: When you start investing in a mutual fund scheme through a Systematic Investment Plan (SIP), you invest a fixed amount every month. But if you want, you can also opt for a top-up SIP, where you can increase SIP amount every year. Since you get compound growth in SIP investment, increasing SIP amount every year may help you achieve your investment goal faster and can multiply your money by many times.
The leading cement maker had posted a consolidated net profit of Rs 1,670.10 crore in the January-March quarter of the last fiscal, according to a regulatory filing from UltraTech.
GRM has a market for its rice in 42 countries and is India's third leading rice exporter.
Indian Oil Corporation Q4 Preview: Zee Business analysts estimate the company's standalone net profit at Rs 8,000 crore, against Rs 8,063 crore logged in the previous quarter, which implies a one per cent decline.
Oister has previously invested in marquee funds like Blume Ventures and Stride Ventures.
The Okhali project is part of an agreement with the Uttarakhand government signed last year to develop a total of 80 MW greenfield hydropower capacity in the state at an investment of Rs 1,000 crore, Kundan Green Energy said in a statement.
The contract entails the comprehensive supply of solar PV modules incorporating advanced bifacial technology for the 2,375 MW RE (Renewable Energy) Park near village Khavda, Great Rann of Kutch, Gujarat, it said.
Post Office Scheme for Women: Finance Minister Nirmala Sitharaman announced Mahila Samman Savings Certificate (MSSC) in last year's budget. The scheme was started from April 1, 2023. One of the prominent persons in the country to invest in the scheme is Union Minister Smriti Irani, who invested in it last year. Know the special features of the scheme.
China brought back samples from the moon's near side in the first sample retrieval in more than four decades, confirming for the first time it could safely return an uncrewed spacecraft to Earth from the lunar surface.
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, which is unfit for human consumption and a cancer risk with long exposure.
Chartered accountants' apex body ICAI has found three EY India affiliate entities guilty of professional misconduct. The CA body has reprimanded two of the three entities for breaches of the Chartered Accountants Act.
The meeting was presided over by Suhail bin Mohammed Al Mazrouei, Minister of Energy and Infrastructure, and attended by members of the Committee from various federal and local entities.
Ircon International Ltd (IRCON) under its joint venture with Dineshchandra R Agrawal Infracon Pvt Ltd (DRA) i.E. Ircon-DRA JV has been awarded the LoA for the construction of Kottavalasa-Koraput Doubling Project from Shivalingapuram Station to Borraguhalu Station..., the Railway PSU said in an exchange filing.
We are targeting a growth of 25 per cent in the next three years and we should double the balance sheet size to Rs 2.5 lakh crore by the time we complete one decade of existence, AU Small Finance Bank managing director Sanjay Agarwal told PTI.
The Turkish Humanitarian Relief Foundation (IHH) is the primary organizer of the civilian Freedom Flotilla Coalition, which is comprised of human rights activists, including lawyers, doctors and nurses who came together to deliver aid directly to Gaza.
In 2016, the U.S. DOJ called on Mercedes-Benz to conduct an internal investigation into possible manipulated emissions, values in diesel vehicles.
As part of the five-year agreement, HCLSoftware will deploy the HCL Unica platform to enable SBI to digitally transform its customer interaction framework.