Banking

LIC Q4 Net Rises Fivefold To Rs 13,421 Cr, Net Premium Income Dips 8.3%

The value of new business (VNB) margin for 2022-23 was 16.2 per cent (net) as compared to 15.1 per cent (net) in the pre... Read more

Indian IT Firms To See Revenue Decelerate By 5%: S&P Global Ratings

S&P Global Ratings rates the three top IT services players: Infosys, HCLTech, and Wipro Read more

Nykaa Q4 Earnings Slip 72% To Rs 2.4 Crore, Even As Revenue Rises 34%

This came as the firm witnessed a demand slump for its fashion business, and expenses surged due to growing cost of mate... Read more

NCLAT Asks 3 More Go First Lessors To Approach NCLT For Recovery Of Planes

The National Company Law Appellate Tribunal (NCLAT) on Wednesday directed three aircraft lessors of Go First to approach... Read more

Icra Q4 Net Profit Up 14.5% YoY To Rs 38.6 Cr; Revenue Rises 16.4%

Consolidated revenue from operations increased by 17.6 per cent YoY to Rs 403.2 crore in FY23 Read more

Amazon Leads $20 Mn Funding Round In Children's Fashion Brand Hopscotch

Start-up says it will use the money for marketing, broaden its selection, get more customers Read more

Biocon Shares Trim Most Of Early Gains, End Flat Amid Profit-taking

Shares of Biocon trimmed most of their early gains and ended flat on Wednesday amid profit-taking. During the early tra... Read more

Honda Cars India To Hike Prices Of Amaze, City By Upto 1% From June

Honda Cars India on Wednesday said it will hike prices of its sedans City and Amaze by up to 1 per cent from June in ord... Read more

Mahindra & Mahindra Sells Entire Stake In Mahindra CIE At Rs 447.6 A Share

MCIE is engaged in the business of production and sale of automotive components to original equipment manufacturers and ... Read more

Uber Partners EV Makers To Boost Transition Towards Sustainable Mobility

Ride-hailing app Uber on Wednesday announced partnerships with various electric vehicle makers and other entities in Ind... Read more

DGCA To Conduct Audit Of Go First's Preparedness Before Allowing Flights

Aviation regulator DGCA will conduct an audit of Go First's preparedness before approving resumption of flights by the c... Read more

Apple Signs Multibillion-dollar Deal With Broadcom To Develop 5G Components

Apple has announced a new multiyear, multibillion-dollar agreement with the US-based technology and advanced manufacturi... Read more

Falling Behind In Online Sales, Xiaomi To Focus On Offline Channels

Industry estimates say that more than 60 per cent of Xiaomi India's revenue comes from online sales Read more

Adani Green Energy To Seek Board Approval To Raise Up To $1 Billion

On May 13, two Adani Group companies, Adani Enterprises and Adani Transmission, received the approval of the board to ra... Read more

Rajiv Jain's GQG Partners To Invest Another $1 Bn In Adani Group Stocks

On Tuesday, GQG Partners raised their stake in the Adani conglomerate by 10% to $3.5 billion Read more