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Kalyan Jewellers says festive demand robust despite higher gold price
Kalyan Jewellers has recorded a 27% jump in its profit in the second quarter of the financial year amid the rising gold prices.
India’s hospitality industry icon PRS Oberoi passes away at 94
Son of late Rai Bahadur MS Oberoi, the founder of The Oberoi Group, PRS Oberoi had also been instrumental in developing the Trident chain of hotels.
India soon to become home to 2,000 global capability centres
While Bengaluru, Hyderabad, Chennai, Mumbai, Pune, and Delhi NCR remain popular sites for GCC establishments in India,
After strong Muhurat trading session, market witnesses selling pressure
“The sharp deceleration in II P growth, from 10.3% in August to 5.8% in September, and weakening Manufacturing PMI reflects global trends driven by rising interest rates and inflation.
Diwali season retail sales might have hit new high
The Confederation of All India Traders (CAITait) on Monday said the retail markets of the country registered a record trade of Rs 3.75 lakh crore.
Retail inflation at 4.87% in October
Food inflation rate sees mixed trend, oil and fat prices fall 14%, pulse prices rise 19%
BSNL’s Rs 1,000 cr telecom gear order may go to HFCL
The telco has been procuring indigenous telecom gear for its networks.
32-yr-old Academic from Andhra decodes the world of theories and contradictions
In recognition of his exceptional contributions to the field, Sivakrishnamraju was honoured with the Young Scientist Award from VD Good Technology Institution in New Delhi.
Sensex ends 354 points higher in Mahurat session
The broader Nifty50 of the National Stock Exchange advanced 100.20 points or 0.52% to settle at 19,525.55 led by gains in IT, infra and energy shares.
Online sales, ravaging monsoon and low apple production hit Diwali sales in Himachal
The market has been on a downward trend since demonetisation, followed by implementation of the Goods and Services Tax, Covid pandemic and the monsoon fury.
A fragile global economy is at stake as US and China seek to cool tensions at APEC summit
The global economy is expected to grow a lacklustre 3 per cent this year and 2.9 per cent in 2024, according to the International Monetary Fund.
War Clouds turn the Spotlight on Gold
After a brief lull, it was witnessed again following the break-out of hostilities between Russia and Ukraine, which has since, escalated into a full blown war too.
ONGC’s second-quarter net profit falls 20 per cent
Oil prices globally had risen sharply in April-June 2022, after Russia’s invasion of Ukraine led to uncertainties over supply and demand, but rates have cooled this year.
Dabur’s Burman family and Religare Enterprises set for a protracted corporate battle
Burmans made an open offer to buy an additional 26 per cent stake in Religare from public shareholders to become the majority stakeholder.
150 Bangladesh garment factories shut, 11,000 workers charged after clashes over minimum wage
Conditions are dire for many of the sector's four million workers, the vast majority of whom are women whose monthly pay, until recently, started at 8,300 taka ($75 - Indian Rs 6300).
Retail holding in NSE cos all-time high at 7.62%
The share of the government (as promoter) increased to a five-year high of 8.79% in September.
LIC net profit for Q2 drops 50%
LIC reported that profit after tax (PAT) for the half year ended September 30, 2023,was Rs 17,469 crore.
Ranjan Pai buys out Davidson Kempner’s debt in Byju’s
With this, Davidson Kempner exits Byju's and brings to a close its dispute with Byju's over a $250 million loan.
‘Telecom Dept doesn’t make call threatening disconnection’
Any such call should be treated as suspicious Lately, there has been surge in people getting calls claiming that mobile numbers will be disconnected within two hours by the DoT.
REC signs MoU with RailTel, to Finance Infra Projects in Telecom, IT and Railway Signaling
Gurugram: Power Sector Maharatna REC Limited signed an MoU with RailTel on Thursday, to extend financial assistance upto Rs. 30,000 Crore for Infrastructure Projects to be executed by RailTel in next 5 years. These projects encompass a wide…
