Business News India
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Go First: Lessors' applications shown 'rejected' due to technical glitch, DGCA to Delhi High Court
Business | May 31, 2023, 09:18 PM ISTIn a major blow to its passengers, the low-cost airline stopped flying on May 3 and is undergoing voluntary insolvency resolution proceedings before the National Company Law Tribunal.
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FMCG player Mishtann Foods signs MoU with Gujarat govt for setting up ethanol plant for Rs 2,250 cr
Business | May 31, 2023, 03:25 PM ISTRevenue from operations grew by 10.04 per cent from Rs. 153.47 crore in Q4 FY22 to Rs. 168.89 crore in Q4 FY23 primarily driven by robust demand for various products in the domestic and international markets.
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BCL Industries declares twin corporate actions of dividend, split in Q4 results
Business | Jun 21, 2023, 03:24 PM ISTThe company board has recommended an equity dividend of Rs 5 per share of face value of Rs 10 each i.e. @ 50% for the financial year ended March 31, 2023.
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Tax collection in India one of the highest, says Economist Surjit Bhalla | DETAILS
Business | May 28, 2023, 06:24 PM ISTTax collection in India: While speaking to media, Bhalla said reduction in tax rate is required to accelerate the pace of economic growth.
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Dynamic Cables Q4 net profit grows 18% boosted by higher income
Business | May 24, 2023, 11:21 AM ISTThe company's board of directors has approved a final dividend of Rs 0.50 per share of Rs 10 each for FY23, according to a statement.
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FPI bought equity worth Rs 18,617 crore in May
Business | May 14, 2023, 04:47 PM ISTBusiness news: FPIs have been continuous buyers during the last 12 trading sessions. In May, through 12th, they bought equity for Rs 18,617 crore. Financials continue to be the favourite sector of FPIs. They were buyers in capital goods and autos too.
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India-EU Trade, Technology Council first meeting in Brussels on May 16
Business | May 14, 2023, 01:19 PM ISTCommerce and Industry Minister Piyush Goyal is one of the co-chairs along with External Affairs Minister (EAM) S Jaishankar and Union Minister of State for Electronics and Information Technology (MeitY) Rajeev Chandrasekhar.
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Sensex, Nifty rebound over 1 pc amid rally in global markets
Business | May 08, 2023, 04:26 PM ISTThe 30-share BSE Sensex rallied 709.96 points or 1.16 per cent to settle at 61,764.25. During the day, it jumped 799.9 points or 1.31 per cent to 61,854.19.
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India's foreign exchange reserves rise USD 4.5 billion to USD 588.78 billion
Business | May 06, 2023, 02:55 PM ISTBusiness news: In October 2021, the country's foreign exchange reserves touched an all-time high of about USD 645 billion. Much of the decline can be attributed to RBI's recent intervention and a rise in the cost of imported goods.
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Sensex, Nifty fall over 1 pc on selling in HDFC twins
Business | May 05, 2023, 04:29 PM ISTBoth the stocks fell sharply amid reports that the merged HDFC entity could see significant outflow.
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Air India, Vistara enter interline partnership
Business | May 03, 2023, 02:50 PM ISTBusiness news: Under this partnership, passengers will now be able to receive their boarding passes at the first point of departure for all the travel sectors on a single ticket, and have their baggage checked-in through to their final destinations.
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SpiceJet to revive 25 grounded aircraft amid Go First bankruptcy
Business | May 03, 2023, 12:33 PM ISTSpicejet business news: The budget airline expects a stronger balance sheet, post-hive-off of SpiceXpress. SpiceJet is one of India's airlines that has made flying affordable for Indians.
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Apollo Micro Systems shares to split 10:1; stock hits upper circuit - check record date
Business | May 02, 2023, 11:58 AM ISTTrading in Apollo Micro Systems shares was halted after the aerospace and defence stock hit the upper circuit of 5 per cent at Rs 328.75 on BSE.
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Noida sees major jump in property prices with circle rates going up | READ DETAILS
Business | Apr 30, 2023, 01:04 PM ISTBusiness news: On August 11, 2022, the property prices were increased by about 14 per cent and in the meeting held on April 23, 2023, the proposal to increase the prices by 10 per cent was approved.
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Multibagger Stock: Integra Essentia posts three-fold increase in net profit in fourth quarter
Business | Apr 28, 2023, 12:19 PM ISTMultibagger Stock: The company has reported three-fold increase in consolidated net profit at Rs 1.68 crore during the March 2023 quarter, Integra Essentia said in a BSE filing.
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Google took action against over 3,500 loan apps in India for violating norms in 2022
Business | Apr 27, 2023, 10:37 PM ISTGoogle took action against over 3,500 loan apps in India in 2022 for violating Play Store policy requirements.
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This BSE listed small cap firm cuts debt by 40% in FY23 as it plans to go debt-free by year-end
Business | Apr 27, 2023, 06:04 PM ISTAccording to a regulator filing by the company, it had cut the debt by Rs. 74.34 crores from Rs 173.50 crore to Rs. 99.16 crore.
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Infosys teams up with Walmart Commerce Technologies to deliver scalable omni-channel solutions
Business | Apr 26, 2023, 08:09 PM ISTInfosys will help retailers implement and use Store Assist, which enables them to provide seamless omnichannel experiences such as pickup, delivery and ship from store for both employees and customers.
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After 215% return in 1 year, this multibagger stock to consider 2nd bonus in a year and split
Business | Apr 20, 2023, 03:28 PM ISTIf New Delhi based company declares bonus, this would be second such corporate action within a year.
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Tesla's income drops 24 per cent to $2.7 billion amid EV price cuts
Business | Apr 20, 2023, 02:35 PM ISTTesla business news: Tesla shares fell 4 per cent in after-hours trading late on Wednesday (April 19). In an earnings call with analysts, Musk said Tesla will start delivering its long-delayed Cybertruck in the third quarter of 2023.