iPhone exports from India touch new all-time high in April-June quarter
(IANS) In yet another success story of India’s local manufacturing push, iPhone maker Apple has achieved record exports numbers in the April-June quart......
Tag : Corporate News
WhatsApp now has 100 million monthly active users in US: Mark Zuckerberg
26 (IANS) Meta-owned WhatsApp has reached 100 million users in the US, said its CEO Mark Zuckerberg. This is the first time the social media...
OpenAI takes on Google Search, unveils AI-powered SearchGPT
26 (IANS) ChatGPT maker OpenAI has announced its foray into the search market dominated by Google, with launching SearchGPT which is an AI-powered sear......
RBI issues circular on tighter liquidity norms for banks
The Reserve Bank of India (RBI) on Thursday issued a draft circular on the Basel III framework on liquidity standards, which will require banks to...
Canara Bank clocks 10.5 per cent jump in Q1 net profit at Rs 3,905 crore
Canara Bank on Thursday reported a 10.5 per cent jump in net profit for the April-June quarter of the current financial year to Rs 3,905...
Nasscom, Meta launch open source GenAI challenge for Indian startups, developers
(IANS) IT industry’s apex body Nasscom on Thursday partnered Meta (formerly Facebook) to launch the 'Open-Source Generative AI Grand Challenge', aimed......
Adani Energy Solutions posts 73 pc net profit growth in Q1, revenue surges 43 pc
(IANS) Adani Energy Solutions Ltd (AESL) on Thursday reported strong results for the April-June quarter, as operational revenue surged 47 per cent to R......
Adani Green Energy’s cash profit surges 32 pc to Rs 1,390 crore in Q1 FY25, revenue up 24 pc
(IANS) Adani Green Energy Ltd (AGEL) on Thursday reported robust results for the April-June quarter (Q1) of the current fiscal, clocking a 23 per cent......
Tech Mahindra posts 1.2 pc revenue drop in Q1, PAT up 23 pc at Rs 851 crore
Global IT services and consulting provider Tech Mahindra on Thursday reported a 1.2 per cent decrease in revenue for the April-June quarter (year-on-ye......
OPEC receives compensation plans for overproduction from Iraq, Kazakhstan, Russia
The Organisation of the Petroleum Exporting Countries (OPEC) Secretariat said that it received compensation plans from Iraq, Kazakhstan, and Russia for......
Google Maps to alert about road widths, flyovers, EV charging stations in India
(IANS) Google on Thursday announced several new features to enable more efficient and sustainable journeys via Maps in India, powered by artificial int......
RBI tightens rules for domestic money transfers
The Reserve Bank of India (RBI) has tightened the framework for domestic money transfers in order to keep track of both cash pay-in and pay-out...
Axis Bank posts 4 per cent rise in Q1 net profit at Rs 6,035 crore
(IANS) Axis Bank on Wednesday reported a net profit of Rs 6,035 crore for the April-June quarter of 2024-25, up 4 per cent from the...
L&T net profit jumps 12 pc to Rs 2,786 crore in April-June quarter
(IANS) Engineering and construction major Larsen and Toubro (L T) on Wednesday reported a 12 per cent increase in its consolidated net profit to Rs...
SEBI study warns against intra-day trading risks in equity cash as young traders rise
The share of young intra-day traders (age less than 30 years) grew 48 per cent in FY2022-23 as compared to 18 per cent in FY2018-19,...
Abolishing angel tax to benefit entire Indian startup ecosystem: Experts
(IANS) The Indian startup ecosystem players on Wednesday applauded the Budget 2024 for doing away with the angel tax, which was levied on money raised......
Budget heralds big bang tax reforms, simplifies long term capital gains: Experts
(IANS) The Union Budget under Prime Minister Narendra Modi 3.0 contains some big bang tax reforms and the government is sticking to its path of...
Here’s how new capital gain proposal helps investors save tax
(IANS) The proposal to remove indexation benefit in the long-term capital gain calculation in the Union Budget 2024-25 will ultimately be beneficial to......
Adani Green begins wind generation from Khavda renewable energy plant
(IANS) Adani Green Energy Limited (AGEL) on Wednesday said it has operationalised the first 250 MW wind capacity at the world’s largest 30,000 MW (30...
Apple’s Watch for kids service now live in India
(IANS) Tech giant Apple on Wednesday made its watch for kids feature available in India that comes with easy calling, texting, and activity monitoring.......