Business News India
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Netflix grows engagement in India by 30 per cent in 1st quarter of 2023 after price cuts | DETAILS
Business | Apr 19, 2023, 01:20 PM ISTBusiness news: Over time, Netflix has adapted our prices to meet local needs and to further deepen its penetration, it lowered prices in India by 20-60 per cent in December 2021.
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Tata Motors to hike prices of its passenger vehicles from May
Business | Apr 14, 2023, 01:27 PM ISTBusiness news: This will be the second price hike by the company for its PVs after it had increased in February.
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10:1 stock split: Apollo Micro Systems fixes record date for sub-division; shares hit upper circuit
Business | Apr 10, 2023, 11:50 AM ISTThe aerospace and defence company in an exchange filing informed that its equity shares will split in the ratio of 10:1. It means that each equity shares with a face value of Rs 10 will be sub-divided into 10 shares.
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MOS Utility IPO to launch on March 31: Know price band, GMP and other details
Business | Mar 29, 2023, 11:40 AM ISTThe allotment will be finalised on April 12 by the company. Unistone Capital Pvt Ltd is the Book Running Lead Manager (BRLM) to the issue and Skyline Financial Services Pvt Ltd. is the registrar.
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Securities transaction tax on futures, options contracts: What's the controversy?
Business | Mar 27, 2023, 04:04 PM ISTThe Securities Transaction Tax (STT) on options is proposed to be increased to 0.0625 per cent from 0.05 per cent and on futures contracts to 0.0125 from 0.01 per cent.
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True Power has become the lifeline of every home, industry & all setups: MD Hari Om Tiwari
Brand Content | Mar 15, 2023, 12:33 PM ISTWe have 3 state-of-the-art manufacturing plants equipped with modern machines and have well-established testing and quality inspection labs, says True Power MD Hari Om Tiwari
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India becoming new manufacturing hub: This small-cap stock gains on securing big export order
Business | Mar 15, 2023, 10:54 AM ISTBalu Forge is setting up a manufacturing facility in Belagavi town of Karnataka to increase production. During the Q3FY23, the company's net profit jumped by 38 per cent increase to Rs 11.45 crore YoY.
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IRB Infrastructure's toll collection in February month rises 27 per cent to Rs 351.75 crore | DEETS
Business | Mar 10, 2023, 01:55 PM ISTIRB Infrastructure toll collection: IRB Infra recently split its equity shares in a 10:1 ratio, meaning one share was divided into 10 shares bearing a face value of Rs 1 each. The company's order book currently stands at Rs 20,892 crore, including a construction order book of Rs 9,714 crore.
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BCL Industries to issue nearly 55 lakh convertible warrants; stock surges
Business | Mar 06, 2023, 10:03 AM ISTThe board has fixed the issue price at Rs 360 bearing a nominal value of Rs 10 each on a preferential basis after allottees pay 25 per cent of the issue price.
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How technology is redefining home-buying in India - Explained
Business | Mar 03, 2023, 06:08 PM ISTIndia’s commercial real estate (CRE) market has really grown stronger with the increasing occupier interest. Additionally, the rise of small and medium real estate land developers and a segment of institutional capital have acted as catalysts for the sector.
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Multibagger small-cap stock aims to be debt-free in next fiscal, announces rights issue
Business | Mar 02, 2023, 08:26 AM ISTThe company informed exchanges that it has paid back Rs 30 million. The total amount of bank debt has now been reduced to Rs 843 million and the overall bank-debt to Rs 857 million.
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750% return in 6 months: This small cap stock announces mega expansion plan
Business | Feb 28, 2023, 03:36 PM ISTShares of Vinny Overseas have delivered a massive 475 per cent return in the past one year, resulting in wealth gain for investors.
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Captain Polyplast posts highest-ever quarterly revenue on Budget announcements
Business | Feb 28, 2023, 01:04 PM ISTRamesh Kichadia, MD, Captain Polyplast, said that the management remains committed to strategy of growth and innovation and "look forward to continued success in the future".
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Share India announces record date for Rights Issue; stock up 2%
Business | Feb 27, 2023, 12:44 PM ISTWhen a company announces a Rights Issue, it issues additional shares to the existing shareholders at a special price in proportion to their holding.
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US based Sage Group signs 9-year deal with Avanta India for co-working centre in Delhi
Business | Feb 27, 2023, 11:53 AM ISTAvanta India, which is a part of UK-based Avanta Group, recently signed deals with IIFL and Kotak Group, offering them co-working spaces at its Connaught Place centre in the national capital.
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IRB Infra share split record date fixed - check ratio and price target
Business | Feb 20, 2023, 12:18 PM ISTThe company has fixed the record date for determining the eligibility of shareholders for the split. The record date is February 22.
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This small cap stock with 77% yield reports 8% increase in Q3 net profit QoQ
Business | Feb 16, 2023, 01:04 PM ISTThe company's net profit in the September quarter stood at Rs 3.33 crore. The net profit in the October-December quarter of FY22 was Rs 3.75 crore.
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BCL Industries shares rise after Q3 net profit grows 4%
Business | Feb 15, 2023, 01:26 PM ISTBCL Industries' shares have yielded a negative return of 6 per cent in the last one year. The scrip has advanced nearly 15 per cent in the last 6 months. In the last two years, the counter has zoomed a whopping 250 per cent.
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Small cap stock with 87% return in 2023 reports Rs 62 crore net profit in Q3
Business | Feb 15, 2023, 12:45 PM ISTThe company in the same quarter in the last financial year had reported a net loss of Rs 65 lakh, the company informed the exchanges.
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IRB Infra's Q3 net profit doubles to Rs 141 crore; stock to split 10:1
Business | Feb 14, 2023, 09:37 AM ISTThe total income during the quarter under review rose to Rs 1,570 crore as against Rs 1,497.78 crore during the corresponding period last fiscal.