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GST revenue at Rs 1.78L cr in March, 2nd highest ever
The exceptional performance was primarily driven by a significant 17.6% increase in GST collection from domestic transactions.
AV Birla group to demerge Madura from retail unit
In a statement, the AV Birla group said the board of Aditya Birla Fashion has authorized the management to evaluate a vertical demerger of Madura Fashion from the former into a separate listed company.
REC wins SKOCH ESG Award 2024 in Renewable Energy Financing Category
With expansion and lateral diversification in its portfolio REC aims to achieve an asset value of Rs. 3 lac crores by 2030.
Zee reduces workforce by 50% in Tech & Innovation Centre in Bengaluru
This action by Zee came after Sony Pictures Networks India (SPNI) (now known as Culver Max Entertainment) earlier this year decided to terminate its merger with ZEEL
Healthy, tough competition in Indian aviation market; price sensitive too: IndiGo CEO
Air ticket prices in the country are deregulated, and fares are mostly a function of supply and demand.
443 infra projects hit by cost overrun of Rs 4.92 lakh crore in Feb 2024
However, the number of delayed projects decreases to 568 if the delay is calculated on the basis of the latest schedule of completion, the report said.
Samsung launches Galaxy F15 5G smartphone in India for Rs 11,999
The device boasts a massive 6000mAh battery and a vibrant sAMOLED display
In FY24, Government-e-Marketplace procurement doubles to Rs 4L cr
In 2016, merchandise value in the portal stood at Rs 422 crore and in 2021-22 it stood at Rs 1.06 lakh crore.
Foreign investors turn net buyers in Indian stock market for second month
The latest data available from the National Securities Depository Limited (NSDL) showed that the FPIs bought stocks worth Rs 35,098 crore in March. In February, they bought stocks worth Rs 1,539 crore.
‘Really well-spoken, PM Modi’, top tech leaders hail candid chat with Bill Gates
Veteran investor and Info Edge Founder Sanjeev Bikhchandani termed the conversation between Bill Gates and PM Modi as "very interesting".
India’s foreign exchange kitty rises for 5th week in a row
India's foreign exchange reserves rose for a fifth straight week to touch the $642.63 billion mark as of March 22
Why Adani-Ambani ‘power tie-up’ is not as surprising as it appears
The acquisition of a 26% stake in Adani's power plant is a regulatory prerequisite for purchasing power from the company under the 'captive power plant' category
CIL exceeds coal supply target for power sector
The company supplied 610.8 million tonnes (MT) of coal to thermal power plants across the country, surpassing the set target of 610 MT.
Core sector growth slows to 6.7% in Feb
However, on a sequential basis, the growth rate is highest in the last three months.
Mkt ends FY24 on high note, indices surge most in 3 yrs
Despite a sharp correction in March, small- and mid-caps outperformed the benchmarks, adding 70% and 60%, respectively, in FY24.
Commercial vehicle market to remain soft in 2024, says Daimler India MD
Arya said the export volume to remain flat and the growth would come from domestic sales. DICV, wholly-owned subsidiary of German-based Daimler Truck AG, exports three brands Fuso, Mercedes-Benz and Frieghtliner to 60 markets.
China wins WTO dispute with Australia over steel products
Beijing took its complaint to the WTO in June 2021 over Australia’s extra duties on railway wheels, wind towers and stainless steel sinks imported from China.
Housing sales hit fresh decadal high, grew 14% in the first quarter to 1.30 lakh units
Mumbai Metropolitan Region (MMR) and Pune accounted for over 51% of the total sales in the top 7 cities, with MMR recording a 24% yearly jump and Pune witnessing an over 15% yearly rise.
Sensex tanks 469 points in early trade on foreign fund outflows, weak US markets
From the Sensex basket, PowerGrid, Maruti, Bharti Airtel, Asian Paints, UltraTech Cement and Titan were the major laggards.
‘High attrition rate is still a major concern in banking sector’: Ujjivan SFB CEO
In November last year, RBI Governor Shaktikanta Das expressed concern over high attrition rates in certain private-sector banks.