Business

NCLT directed the resolution professional of cash-strapped grounded airlines Go First to submit details of the subsequent developments

Britannia Industries Ltd on Friday reported a 35.65 per cent rise in consolidated net profit at Rs 455.45 crore for the first quarter ended June 2023.

Equity benchmark indices Sensex and Nifty snapped their three-session losing streak to close nearly 1 per cent higher on Friday.

Guar seed prices on Friday increased Rs 50 to Rs 5,719 per 10 quintals in futures trade after speculators widened their positions following a firm trend in the spot market.

Zinc prices on Friday fell by 0.13 per cent to Rs 223.20 per kilogramme in the futures trade as speculators reduced their exposure taking negative cues from the spot market.

The country's biggest bank SBI on Friday posted over two-fold jump in standalone net profit at Rs 16,884 crore for the first quarter of the current financial year.

While India saw a lesser rise in crypto attacks, there has been a huge growth in ransomware and IoT attacks overall.

Bouncing back from a three-day decline, the 30-share BSE Sensex climbed 300.1 points to 65,540.78 in early trade. The NSE Nifty advanced 105.9 points to 19,487.55.

Forex traders said the rupee opened on a flat note as losses in dollar index, and positive Asian currencies supported sentiments, while rise in crude oil prices dented investors.

IT stocks are leading the gains with Wipro up more than 2 per cent, Tech Mahindra, HCL Tech, TCS are all up more than 1 per cent.

The company had posted a net loss of Rs 186 crore in the same quarter last fiscal, Zomato said in a regulatory filing on Thursday.

Dunzo app, which joined the ONDC less than two weeks ago, is already witnessing high volumes, according to a senior executive

The company delivered revenues of $8.4 billion, a 23 per cent year-over-year drop and 52 per cent decrease in net income to $1.8 billion, mainly due to an ongoing slump in the smartphone industry.

Premium electric vehicle maker Odysse on Thursday announced a strategic collaboration with electric two-wheeler MaaS provider Bud-e.

The high court termed as “misconceived” the contention of the RP that 2 of the 10 aircraft have been flown by Go Airlines

Indian equities saw profit booking for third consecutive day amid weak global cues ahead of BOE interest rate decision

Losses in ICICI Bank and HDFC Bank also added to the ongoing weak trend in the benchmark indices

Go First airline has announced a further extension of flight cancellations till August 6, the airline announced in a tweet

Importers of these items would now have to seek permission or license from the government for their inbound shipments

Under the schedule, maximum of Rs 250 crore and minimum Rs 50 crore can be imposed on entity violating the norms

Adani Enterprises on Thursday posted 44.41 per cent jump in consolidated profit after tax (PAT) at Rs 676.93 crore for June quarter 2023-24 on account of reduced expenses.

Indian benchmark indices felt the heat with major corrections seen of around 2.50 per cent in the last two days keeping rupee at lower levels, Jateen Trivedi, VP Research Analyst said

The Bank of England raised its main interest rate Thursday to a fresh 15-year high as it tries to bring down persistently high inflation.

Zomato reported a profit of 20 million rupees ($241,861.37) for the quarter ended June 30.