redBus launches ‘Route to 47’ campaign, connecting youth with India’s freedom struggle
(IANS) redBus, the world’s largest online bus ticketing platform, is set to introduce the “Route to 47: Roads of India's Revolutions” campaign as India......
Tag : Corporate News
India will increase its renewable energy storage capacity to 6GW by FY28: Report
(IANS) India’s renewable energy (RE) storage capacity is expected to surge 6GW by fiscal 2028 from less than 1GW operational as of March 2024. This...
WPI inflation eases to 3-month low of 2.04 pc in July
(IANS) India's wholesale price inflation slowed to a 3-month low of 2.04 per cent in July compared to the same month last year, mainly due...
Hindalco posts 25 pc increase in Q1, net profit at Rs 3074 crore
(IANS) Aditya Birla Group company Hindalco on Tuesday reported a 25 per cent increase in consolidated net profit to Rs 3,074 crore for the April-June...
Hero MotoCorp clocks 36 pc rise in Q1, net profit at Rs 1,123 crore
(IANS) India's largest two-wheeler maker Hero MotoCorp on Tuesday reported a 36 per cent jump in standalone net profit to Rs 1,123 crore for the...
India’s industrial production clocks 4.2 pc growth in June
(IANS) India’s Index of Industrial Production (IIP) rose by 4.2 per cent in June this year over the same month of the previous year, data...
India’s CPI inflation eases to 59-month low of 3.54 per cent
(IANS) India's consumer price inflation slowed to a 59-month low of 3.54 per cent in July this year compared to the same month of the...
RBI tightens rules for housing finance companies
The RBI on Monday issued revised guidelines as part of the phased transition towards tighter regulations for housing finance companies (HFCs) to harmon......
EXIM Bank sees India’s goods export surging to $111.7 billion in Q2
(IANS) India’s Export-Import Bank expects the country's goods exports to rise by 4.2 per cent to $111.7 billion in the July-Sept quarter of the current......
Adani Foundation receives ‘Van Pandit Award’ for afforestation initiatives in Mundra
(IANS) The Adani Foundation on Friday said it has won the ‘Van Pandit Award’ for planting more than 1,70,000 trees in Gujarat's Mundra in 2022-23....
Eicher Motors clocks 20 pc jump in Q1 net profit at Rs 1,101 crore
(IANS) Eicher Motors Ltd (EML), the parent company of Royal Enfield, on Thursday announced a 19.9 per cent increase in its consolidated net profit to...
India’s financial sector gaining strength from macroeconomic stability: RBI chief
RBI Governor Shaktikanta Das said on Thursday that the Indian financial system remains resilient and is gaining strength from broader macroeconomic sta......
FPIs invested over Rs 11,000 crore in IT sector last month: NSDL
(IANS) Foreign Portfolio Investors (FPIs) invested Rs11,763 crore ($1.40 billion) in July, according to NSDL data. It is the highest investment since A......
Frequency of reporting credit info to CICs being cut to 15 days or less: RBI chief
The RBI proposes to increase the frequency of reporting of credit information to credit information companies (CICs) to a fortnightly basis or at short......
RBI forecasts 7.2 pc GDP growth on back of rising urban, rural demand
(IANS) India’s domestic economic activity continues to sustain its momentum on the strength of investment demand, steady urban consumption and rising r......
RBI leaves repo rate unchanged to ensure price stability with growth
The RBI on Thursday kept the key policy repo rate unchanged at 6.5 per cent for a ninth consecutive meeting as it continued to maintain...
Fire in Mercedes-Benz, Kia electric cars trigger safety concerns
The recent electric vehicle fire incidents involving Mercedes-Benz and Kia models could not have come at a worse time for the local automotive industry......
Credit card spendings via UPI platform touch new high
The Unified Payments Interface (UPI) platform, a flagship of the Indian Digital Public Infrastructure (DPI) which has gone global, has added another fe......
Tata Power Q1 net profit jumps 31 pc to Rs 1,189 crore
Tata Power on Tuesday reported a 31 per cent jump in net profit at Rs 1,189 crore for the April-June quarter of 2024-25, compared to...
NSE gets record 5 companies listed in multiple cities in single day
The National Stock Exchange (NSE) on Tuesday said it achieved another milestone of listing five companies in a single day across the country with a...