Stock markets rebound as GST revenues hit record in April

Stock markets rebound as GST revenues hit record in April

Friday, 03 May 2024 | PTI | Mumbai

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...

Infant food formulation done on global basis, racial stereotype charges unfortunate: Nestle

Tuesday, 30 April 2024 | PTI | GurugramGurugram

Nestle India Chairman & Managing Director Suresh Narayanan on Monday asserted that the company’s infant food formulation for children below 18 months is done on a global basis and the allegation that “it is racially stereotyped is unfortunate” and untrue. Addressing reporters here, he said the amount of sugar content in...

Urja Arpan conclave organised

Tuesday, 30 April 2024 | PNS | New Delhi

Tata Power Delhi Distribution Limited (Tata Power-DDL), a leading power utility supplying electricity to a populace of 7 million in North Delhi, hosted the second edition of Urja Arpan Conclave on April 24, 2024, to commemorate the World Earth Day. The conclave focused on the Demand Side Management journey of Tata...

Good growth, cloud migration, GenAI gaining traction: HCLTech CEO

Tuesday, 30 April 2024 | PTI | New Delhi

HCL Technologies’ FY25 guidance of 3-5 per cent represents a “good growth” in current environment, CEO C Vijayakumar said, adding cloud migration and GenAI projects are gaining traction but financial services vertical could face ‘headwinds’. Vijayakumar told PTI in an interview that HCL Technologies (HCLTech) is keen on acquisitions in areas...

Dish TV launches service for customers in Delhi to access TV, OTT content

Tuesday, 30 April 2024 | PTI | New Delhi

Direct-to-home service provider Dish TV on Monday said its existing as well as new customers in Delhi can now access TV and OTT content from popular apps without paying an additional cost. With the ‘Dish TV Smart+’ service, all Dish TV and D2H customers can access to content on popular...

Indegene `1,842 crore IPO to open on May 6

Tuesday, 30 April 2024 | PTI | New Delhi

Indegene Ltd, a healthcare tech firm focused on the global life sciences industry, on Monday said it has fixed the price band at Rs 430 to Rs 452 per share for its Rs 1,842-crore initial share-sale offer that opens for public subscription on May 6. The initial public offering (IPO)...

Increasing global uncertainties may impact demand, India’s exports: FIEO

Tuesday, 30 April 2024 | PTI | New Delhi

The escalating geopolitical tension may have implications for the country’s exports in the first quarter of 2024-25 as it is likely to impact global demand, apex exporters body FIEO said. The global uncertainties caused by continuing war between Russia and Ukraine has impacted India’s outbound shipments in 2023-24, which recorded a...

India Inc revenue growth weakest since September 2021: Crisil Report

Tuesday, 30 April 2024 | PTI | Mumbai

India Inc is likely to log 4-6 per cent revenue growth in the January-March quarter of 2023-24, marking the slowest quarterly growth since recovery from the Covid-19 pandemic which began in September 2021, said a Crisil report. The report is based on an analysis of 350 companies which exclude financial services and...

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