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Updated: 55 min 53 sec ago

USFDA pulls up Natco Pharma for several violations at Telangana plant

Sun, 04/21/2024 - 06:03
The US health regulator stated that the company failed to thoroughly investigate any discrepancy or failure of a batch or any of its components to meet any of its specification

Hybrid MFs stage comeback; see Rs 1.45 trn inflows driven by investments

Sun, 04/21/2024 - 05:49
Hybrid funds are mutual fund schemes that typically invest in a combination of equity and debt securities and sometimes in other asset categories such as gold

FPIs withdraw over Rs 5,200 crore in April so far from domestic equities

Sun, 04/21/2024 - 05:44
Foreign investors dumped domestic equities worth over Rs 5,200 crore in April so far on concerns over tweaks in India's tax treaty with Mauritius, which would now impose higher scrutiny on investments made here via the island nation. This came ...

Mcap of 6 of top 10 valued firms at Rs 1.40 trillion; TCS, Infosys lag

Sun, 04/21/2024 - 05:16
The market valuation of TCS tanked by Rs 62,538.64 crore to Rs 13,84,804.91 crore, the most among the top 10 firms

Q4 earnings, global trends major triggers for markets this week: Analysts

Sun, 04/21/2024 - 04:49
HDFC Bank on Saturday reported a 2.11 per cent growth in consolidated net profit to Rs 17,622.38 crore for the March 2024 quarter against Rs 17,257.87 crore in the preceding December quarter

Federal Reserve's preferred inflation gauge set to back rate-cut patience

Sun, 04/21/2024 - 03:54
Policymakers' preferred inflation gauge - the personal consumption expenditures price index - probably stayed elevated in March, according to data due in the coming week

Ex-RBI chief wants govt to bring White Paper on freebies. Here's why

Sun, 04/21/2024 - 03:53
Former RBI Governor D Subbarao's advice to the govt is that it should educate the public on the implications of political freebies and seek consensus through a White Paper to restrain giveaways

JSW Energy arm bags 700 MW solar project from NTPC; capacity up at 13.3 GW

Sat, 04/20/2024 - 17:55
The company's current installed generation capacity is 7.2 GW and expects to have 9.8 GW of installed capacity by CY24

'Keeping him in jail like conviction before trial'... Rana Kapoor gets bail

Sat, 04/20/2024 - 16:56
Kapoor was arrested in March 2020 in a money laundering case by the Enforcement Directorate (ED). He was booked in eight cases by ED and Central Bureau of Investigation related to fraud at Yes Bank

India's fresh formal job creation slowed to three-month low in February

Sat, 04/20/2024 - 15:04
In what suggests some robustness, nearly 67 per cent of the total new EPF subscribers belong to the 18-28 age group, a cohort mostly comprised of new entrants to the labour market

Gems, jeweller exports in FY24 dip by 12.17% to Rs 2.65 trillion: GJEPC

Sat, 04/20/2024 - 12:15
Provisional gross export of Polished Lab Grown Diamonds dipped by 13.79 per cent Rs 11,611.25 crores (USD 1,402.3 million in FY24 compared to Rs 13,468.32 crore (USD 1,680.22 million) of FY23

Govt aims to make India attractive for manufacturing, services: Sitharaman

Sat, 04/20/2024 - 11:38
She was responding to a query on American tech billionaire Elon Musk postponing his meeting with Prime Minister Narendra Modi

NSE IX gets SEC class relief; permits US clients to trade on equity index

Sat, 04/20/2024 - 11:27
The class relief allows NSE IX members to get acquainted with equity indices at NSE IX through activities with approved broker-dealers and financial institutions in the US

HDFC Bank Q4 results: Profit jumps 37% to Rs 16,512 crore, NII up 24.5%

Sat, 04/20/2024 - 10:18
Boosted by trading gains and robust credit performance, HDFC Bank's net interest income rose 24.5% in the March quarter, with net profit reaching Rs 16,512 crore in significant year-on-year growth

UltraTech to acquire India Cements' 1.1 mtpa grinding unit for Rs 315 cr

Sat, 04/20/2024 - 09:53
Strengthening its market in Maharashtra, UltraTech Cement will secure a grinding unit with a capacity of 1.1 million tonnes per annum, including a captive railway siding, from India Cements

Zomato faces Rs 11.81 crore GST demand and penalty order, plans to appeal

Sat, 04/20/2024 - 09:41
Facing a GST demand for export services to subsidiaries from July 2017 to March 2021, Zomato plans to challenge the Rs 11.81 crore penalty and demand in appellate court

Food delivery firm Zomato gets Rs 11.82 crore GST related tax demand notice

Sat, 04/20/2024 - 08:51
The order was passed by the Additional Commissioner, Central Goods and Services Tax, Gurugram

Iran minister Amir-Abdollahian denies Israeli involvement in drone incident

Sat, 04/20/2024 - 08:16
Israel-Iran conflict: Amid ongoing tensions with Israel, Iran's foreign minister has dismissed Israel's link to the recent drone attack, citing internal origin and minimal impact

Netflix Q1CY24: Best results since 2020; 9.3 mn new subscribers acquired

Sat, 04/20/2024 - 07:21
Driven by new series, ad-supported tier, and enhanced subscriber policies, Netflix achieved $2.3 billion in net income and $9.3 billion in revenues during the January-March quarter of 2024

Heavy rains, flood in Dubai expose weaknesses to a rapidly changing climate

Sat, 04/20/2024 - 06:13
The flooding washed away homes and caused dozens of fatalities

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