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CRUDE A CONCERN, OUTLINES COMPANY - HUL to bring focus back on 19 brands
Jawa says these brands with ₹1,000-cr turnover or more to drive topline
Bowlers peg Bangladesh back on a flat surface
Jadeja used skill, experience, natural talent to outwit batters in middle overs
NLC charts out ₹83,000-crore capex plan
To add 1 GW RE capacity in FY25, coal gasification plant to be operational by FY27
Govt forecasts stable food prices during festive season
Chopra said that rice prices are expected to see a sharp drop in the next three to four months with the harvesting of paddy crops
Nokia to cut 14,000 jobs in overhaul to save costs
NOKIA OYJ PLANS to cut as many as 14,000 jobs, or 16% of its workforce, as a dearth of investment in fifth-generation mobile infrastructure forces it to take cost-cutting measures.
New regulation is changing the game for content creators
From influencer to educator
Geopolitical tensions keep markets on tenterhooks
EQUITAS SFB Q2 PROFIT JUMPS 70% TO 2198 CRORE
Asked Google to make Tensor chipset in India in three years, says Vaishnaw
AS GOOGLE ANNOUNCED its plans to manufacture Pixel smartphones in India, communications and IT minister Ashwini Vaishnaw has asked the company to also start manufacturing the Tensor chipset in the country within the next three years. Google Tensor is the custom-built chip that goes into Pixel smartphones to perform advanced tasks.
Emirates to add premium economy on India flights from month-end
EMIRATES, ONE OF the world's biggest airlines, will add 'premium economy' seating options to and from Mumbai and Bengaluru by the end of this month to cash in on the persistent demand.
UltraTech Cement profit jumps 69.6% to ₹1,281 cr
However, missed estimates on both profit and revenue
Birla Tyres insolvency: NCLT's nod to Himadri-Dalmia offer
HIMADRI SPECIALITY CHEMICAL on Thursday said that the National Company Law Tribunal (NCLT) has \"verbally\" approved the joint resolution plan submitted by the company and Dalmia Bharat Refractories to acquire Birla Tyres under the insolvency process.
Go First extends cancellation of flights till Nov 30
FACING SEVERAL LEGAL hurdles, Go First has extended its flight cancellation period until November 30, due to operational reasons. The airline has been grounded since May 3 and is currently under bankruptcy protection.
Tata Comm Q2 profit plunges 58%
TATA COMMUNICATIONS ON Thursday reported a 58% decline in its consolidated profit after tax to ₹221.26 crore for the second quarter ended September 30.
Pivoting from smaller clients to defend margins: Wipro CFO Iyer
WIPRO, THE COUNTRY'S fourth largest IT firm, saw the number of active clients fall by 51 during the second quarter.
One-time gain: Nestle profit up 37%
FMCG GIANT NESTLE India on Thursday said its consolidated net profit increased by 37.28 % y-o-y to ₹908.08 crore for the quarter ended September 30. The net profit includes a one-time gain of ₹106.4 crore.
ITC profit rises 6% on FMCG biz push
CIGARETTES-TO-HOTELS MAJOR ITC reported a consolidated net profit of ₹4,898 crore for Q2FY24, a growth of 6% versus the previous year, as it prepares to demerge its hotel business.
Monsoon withdraws four days past usual date
THE INDIA METEOROLOGICAL Department (IMD) on Thursday announced the complete withdrawal of southwest monsoon from the entire country four days later than the normal date of October 15, The southwest monsoon, which accounts for more than 75% of the annual rainfall, had commenced withdrawal from southwest Rajasthan,signalling the end of its four-month (June- September) journey.
HUL profit up 4% on resilient urban spend
Volume growth at 2% in Q2; rural demand remains subdued
Despite external risks, broad-based growth visible, says apex bank
A BROAD-BASED gaining of momentum is discernible in high frequency economic indicators despite external risks, the Reserve Bank of India (RBI) said on Thursday, adding that a moderation in retail inflation in September from its July peak strengthened the macroeconomic fundamentals.
India needs its own protection and indemnity entity, says FM
FINANCE MINISTER NIRMALA Sitharaman on Thursday batted for an Indian-owned protection and indemnity (P&I) insurance entity to provide greater strategic flexibility in shipping operations that are vulnerable to international sanctions.
Govt eases drawing rights to put spending on fast track
Sanction orders to be released to new agencies for central sector schemes
Tata Group plans $1 bn fresh capital infusion into super app
TATA GROUP IS weighing to put in $1 billion of fresh capital into its super app venture as the salt to-software conglomerate seeks to improve the digital business, according to people familiar with the matter.
Sebi takes carrot & stick route on bond issuances
Both incentives as well as disincentives in new norms
Centre dilutes norms for laptop imports
THE GOVERNMENT ON Thursday sought to allay the concerns over the decision to put imports of certain computer hardware in restricted category, with mandatory licensing, by coming up with a liberal authorisation process.
Made in India Google Pixel phone next year
GOOGLE ON THURSDAY said it will launch its first 'Made in India' Pixel phone next year. The company will manufacture its latest Pixel 8 series in India in partnership with domestic and international contract manufacturers.
IBM To Support Indian Startups, Researchers With AI Tools
Inks MoUs with govt on semiconductor, quantum tech and AI
Can Cricket Propel India To The Top Of The Esports Game?
JetSynthesys bets big on mobile games created in India
China's Economy Grows 4.9% In Q3
CHINA'S ECONOMY GREW at faster-than-expected a clip in the Rapidly weakening growth in the world's second-biggest economy since the second quarter prompted authorities to step up their support steps, with Wednesday's batch of data indicating the stimulus is starting to gain traction although a property crisis and other headwinds continue to pose risks to the outlook third quarter, while consumption and industrial activity in September also surprised on the upside, suggesting the recent flurry of policy measures is helping to bolster a tentative recovery.
New spectrum bands: Trai paper on pricing soon
DoT may hold next auction in January or February 2024
IIFL Finance profit up 25% on strong growth in loans
THE CONSOLIDATED NET profit of IIFL Finance rose 25% year-on-year in July-September quarter due to a growth in its loan book and an improvement in asset quality.