Jindal Stainless to operate stainless steel melt shop in Indonesia
Jindal Stainless, on Wednesday, announced its entry into a joint venture with a Singapore-based company to develop and operate a stainless steel melt shop (SMS) in Indonesia. The company further announced that it will invest around rupees 1,900 crores to expand its downstream lines in Jajpur and Odisha to increase...
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American Express will open its campus in India
03 May 2024 | PNS -
Rupee falls 3 paise to settle at 43.46 against US dollar
03 May 2024 | PTI -
Paul John Nirvana bags Gold medal in London competition
03 May 2024 | Pioneer News Service -
China, Hong Kong account for 56 per cent of India’s total imports of electronics, telecom, electrical products: GTRI
03 May 2024 | PTI -
Federal Bank Q4 profit rises marginally to Rs 906 crore
03 May 2024 | PTI -
Digital payment has transformed financial landscape: Airtel Payments Bank CEO
03 May 2024 | PTI -
SK Finance files draft papers with Sebi to garner `2,200 crore via IPO
03 May 2024 | PTI
India among fastest growing markets with potential to be among top 10: Airbnb CBO
India is one of the “fastest-growing markets” for online accommodation hosting platform Airbnb and the country has the potential to be among its top 10 global markets in the coming years, according to its Chief Business Officer Dave Stephenson. The company is investing in India to tap the opportunity of...
Stock markets rebound as GST revenues hit record in April
Stock markets rebounded on Thursday with benchmark Sensex closing higher by 128 points as record GST collections in April, positive manufacturing data, and foreign fund inflows boosted investor sentiment. The 30-share BSE Sensex climbed 128.33 points or 0.17 per cent to settle at 74,611.11. During the day, it jumped 329.65 points...
Adani Ports Q4 net profit jumps 77 pc to Rs 2,014.77 crore
Adani Ports and Special Economic Zone Limited (APSEZ) on Thursday reported a 76.87 per cent jump in consolidated net profit to Rs 2,014.77 crore for the fourth quarter ended March 2024. The country's largest integrated logistics player had clocked a profit of Rs 1,139.07 crore in the corresponding period of the...
Kotak Mahindra Bank shares decline over 4 pc; hit 52-week low
Shares of Kotak Mahindra Bank on Thursday declined over 4 per cent after the company announced that its joint managing director K V S Manian, a veteran at the lender, has stepped down with immediate effect. The private sector lender's stock tanked 4.38 per cent to hit its 52-week low of...
GST collection breaches Rs 2 lakh cr-milestone; at Rs 2.10 lakh crore in April
The country's gross GST collections hit a record high of Rs 2.10 lakh crore in April, growing 12.4 per cent year on year driven by a strong increase in domestic transactions and imports. GST collections breach landmark milestone of Rs 2 lakh crore, the finance ministry said in a statement. "The Gross...
Adani Energy Solutions' Q4 net profit falls 13 pc to Rs 381 cr
Adani Energy Solutions Ltd (AESL) on Tuesday posted a 13.26 per cent fall in its consolidated net profit to Rs 381.29 crore during the quarter ended March 2024 on account of increased expenses. Its net profit after tax was at Rs 439.60 crore in the January-March period of the preceding 2022-23...
India's gold demand up 8 pc in Jan-Mar to 136.6 tonne despite high rate
India's gold demand rose 8 per cent annually to 136.6 tonne in the March quarter helped by a strong economic environment despite prices touching historic highs, according to the World Gold Council. The aggressive gold buying by the Reserve Bank of India (RBI) also contributed to the rise in demand. India's gold...
