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Home  Business

Business

Icra cuts its FY22 GDP estimate by 0.5 pc

Icra cuts its FY22 GDP estimate by 0.5 pc

  • Nestle India Ltd Q4 profit rises 14.6pc

    The company, which follows January-December financial year, had posted a profit of Rs 525.43 crore in the same period a year ago.
  • Retail inflation rises marginally in March

    Mainly due to higher prices of certain food items.
  • RBI not accumulating reserves, says Commerce Secy

    Commerce Secretary Anup Wadhawan said that India's overall forex reserves have been fairly steady, below $500-600 billion, and the country is not accumulating reserves like China.
  • ISB tops Operations Management research rankings from India

    'The SCM Journal List', a ranking of best management research universities, B-schools, and organizations, ranked ISB at #1 in India and amongst the top 100 globally.
  • Bharat Biotech takes up Covaxin capacity expansion

    Hyderabad-based vaccine maker implements expansion across multiple facilities in Hyderabad and Bengaluru to reach about 700 million doses per year capacity
  • T-Hub partners with UK’s Digital Catapult

    The partnership has enabled the creation of ‘The UK-India Immersive Technology Sustainability Expert Group’.
  • Equity management platform Qapita raises funds

    Qapita helps private companies and startups record and manage capitalisation tables (cap tables) and employee stock ownership plans (ESOPs).
  • Rupee rises 23 paise to 74.64 against US dollar in early trade

    The dollar index, which gauges the greenback's strength against a basket of six currencies, fell 0.14 per cent to 90.94.
  • Sensex rebounds over 500 points in early trade; Nifty reclaims 14,500

    On the Sensex, barring three IT stocks -- HCL Tech, Tech Mahindra and TCS -- all shares were trading in the green.
  • Automakers fear dent in sales as covid cases surge

    The country's largest carmaker Maruti Suzuki stated that the auto sales were correlated closely with economic growth and also (being a discretionary purchase) with the consumer sentiment.
  • IEX starts cross-border electricity trade

    This is a first-of-its-kind initiative for the exchanges to expand their power markets beyond India to the South Asia region
  • Covid woes resurface; investors lose Rs 3.53 lakh crore

    After crashing over 1,469 points in early trade, the 30-share BSE Sensex pared some initial losses to close at 47,949.42, down 882.61 points or 1.81 percent.
  • Supreme Court stays proceedings in Amazon-Future case

    Amazon had moved the apex court on April 8 challenging the Delhi High Court's division bench order that had vacated a stay on Kishore Biyani-led Future Group.
  • P&G commissions solar plant in Hyderabad

    Makes it the first site in India and only the fifth site globally to house a solar plant
  • Gold jumps Rs 411; silver gains Rs 338

    The Indian rupee slumped 52 paise to 74.87 against the US dollar in opening trade on Monday.
  • OPPO brings A54 smartphone in 3 variants to India

    OPPO A54 with 4GB RAM + 64GB ROM will cost Rs 13,490, the 4GB RAM + 128GB ROM variant will be available for Rs 14,490 and the and 6GB RAM + 128GB ROM model will cost Rs 15,990.
  • Siemens to use Google Cloud to improve shop floor productivity

    "The potential for artificial intelligence to radically transform the plant floor is far from being exhausted. Many manufacturers are still stuck in AI ‘pilot projects' today, we want to change that," said Axel Lorenz
  • AB InBev adopts renewable energy at Telangana facility

    Replaces 18 per cent of its electricity with solar power at Crown brewery in the State, following similar efforts at Mysore and Aurangabad facilities
  • Rupee slumps 52 paise to 74.87 against US dollar in early trade

    In the domestic equity market, the 30-share BSE benchmark Sensex was trading 1,189.83 points lower at 47,642.20.
  • Fintech unicorn Razorpay raises $160 million, takes valuation to $3billion

    With this, Razorpay that became a unicorn in October last year has tripled its valuation in under six months.
  • Sensex crashes over 1,300 points; Nifty below 14,300

    Bajaj Auto was the top loser in the Sensex pack, dropping over 5 per cent, followed by IndusInd Bank, SBI, ICICI Bank, Bajaj Finance and Axis Bank.
  • GST officers to be soon armed with real-time data on vehicles moving without e-way

    The tax officers would also be provided analysis reports on identifying e-way bill EWB with no movement of goods as it would help officials identifying cases of circular trading
  • Future Retail board, lenders approve debt restructuring plan

    It now requires the approval of the expert committee, under the chairmanship of the K.V. Kamath constituted by the Reserve Bank of India.
  • Prepare for greater uncertainty: Niti Aayog vice-chairman

    Consumer as well as investor sentiments likely to be hit as the situation has turned far more difficult
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