Business News

Coal India Ltd (CIL) reported production of 57.57 million tonnes in April 2023 as against 53.47 million tonnes of the year-ago period, thus showing a rise of 7.67 per cent.

After the move, the latest retail price of a 19 kg LPG cylinder in Delhi now stands at Rs 1,856.50.

For top IT firms in India, the BFSI sector in the US is the key revenue segment but with the recent banking crisis, growth in the firms has been hit.

However, Jio-bp -- the brand under which RBML retails fuel -- isn't selling regular diesel but high performance diesel designed for Indian vehicles and roads to give better fuel economy.

ED had on Saturday searched three premises in Bengaluru linked to the company over alleged foreign exchange law violations.

In the first half of April, FPIs showed strong buying activity, indicating a renewed sense of optimism in the Indian equity market.

SEBI has also told SC that it may require to depose “key managerial persons” from the seven listed Adani companies before the investigation into the allegations made by Hindenburg can be concluded. Market regulator Securities and…

This week, Bain & Co. said police questioned staff in its Shanghai office. The consulting company gave no details of what investigators were looking for.

As per the guidelines, the chairman is selected from the four managing directors of the company.

Wipro was the biggest gainer in the Sensex pack, rising 2.89 per cent, followed by Nestle, State Bank of India, Larsen & Toubro, ITC, Tech Mahindra, Reliance Industries, etc.

The output of crude oil declined by 2.8 per cent, power by 1.8 per cent and cement by 0.8 per cent in March this year.

Earlier this week, Vedanta Resources Ltd, the parent company of Mumbai-listed mining giant Vedanta Ltd, said it has paid all its maturing loans and bonds due in this month to reduce its gross debt.

Business models can sometimes create risks in certain parts of the balance sheet of a bank which going forward can blow up into a bigger crisis, Das said.

More than 311.8 million e-KYC transactions were carried out during March 2023, a rise of over 16.3 per cent against February levels.

PowerGrid was the biggest gainer among the Sensex components, spurting 2.59 per cent, followed by IndusInd Bank, Larsen & Toubro, Nestle, HCL Tech, Axis Bank, etc.

Google parent Alphabet has incurred $2.6 billion in charges related to reductions in its workforce and office space in the first quarter of this year.

In Tamil Nadu, Andhra Pradesh and Telangana, it is only 0.9 per cent. Karnataka is the lowest at 0.7 per cent.

India’s export of petroleum products decreased by 10.9% in March 2023 and 2.7% during April 2022-March 2023 as compared to the corresponding period of the previous year.

Tax deducted at source (TDS) has become a very effective tool for the government to increase the taxpayer’s base.

His comment comes weeks after PhonePe launched a hyperlocal commerce app Pincode, which is built on the ONDC platform.