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Net profit up 145% YoY, revenue up 22%
Business

Net profit up 145% YoY, revenue up 22%

Posted on: July 31, 2023

[ad_1] Maruti Suzuki India Ltd reported a rise of 145.3 per cent in profit after tax (PAT) to Rs 2,485.1 crore in the quarter that ended June […]

Foxconn to sign Rs 1,600 crore components plant deal with Tamil Nadu
Business

Foxconn to sign Rs 1,600 crore components plant deal with Tamil Nadu

Posted on: July 31, 2023

[ad_1] The facility will be separate from the current sprawling campus near Chennai where Foxconn assembles Apple’s iPhones and employs more than 35,000 people, the source said […]

DGCA renews air operator certificate of cash-strapped Jet Airways
Business

DGCA renews air operator certificate of cash-strapped Jet Airways

Posted on: July 31, 2023

[ad_1] Jalan-Kalrock Consortium, the winning bidder for bankrupt Jet Airways, on Monday said aviation regulator the Directorate General of Civil Aviation (DGCA) has renewed the airline’s air […]

Walmart buys Tiger Global’s stake in e-com giant Flipkart for $1.4 billion
Business

Walmart buys Tiger Global’s stake in e-com giant Flipkart for $1.4 billion

Posted on: July 31, 2023

[ad_1] By Hema Parmar   Walmart Inc. paid $1.4 billion to buy Tiger Global Management’s remaining stake in Flipkart, boosting its bet on the Indian retailer […]

Walmart buys out $1.4 billion hedge fund Tiger Global’s stake in Flipkart
Business

Walmart buys out $1.4 billion hedge fund Tiger Global’s stake in Flipkart

Posted on: July 31, 2023

[ad_1] Walmart has paid $1.4 billion to buy out hedge fund Tiger Global’s investment in e-commerce firm Flipkart, the Wall Street Journal reported on Sunday, citing a […]

Asia-Pacific indices trade higher; Brent at $84/bbl
Business

Asia-Pacific indices trade higher; Brent at $84/bbl

Posted on: July 31, 2023

[ad_1] Stock market live updates: At 7:05 am, the Gift Nifty quoted 19,784 levels, up 33-odd points Dalal Street is likely to start Monday’s trade on a positive, […]

Many chipmakers in talks for India plant: MoS IT Rajeev Chandrasekhar
Business

Many chipmakers in talks for India plant: MoS IT Rajeev Chandrasekhar

Posted on: July 30, 2023

[ad_1] Several semiconductor manufacturers have shown interest in building a chip-making plant in the country, after US-based memory chip producer Micron Technology announced plans to set up […]

RBI likely to maintain status-quo on key interest rates, say experts
Business

RBI likely to maintain status-quo on key interest rates, say experts

Posted on: July 30, 2023

[ad_1] The Reserve Bank is likely to maintain status-quo on the key interest rates for the third time in a row in its upcoming bi-monthly policy review […]

58.3 million tax returns filed for FY2022-23 till July 30
Business

58.3 million tax returns filed for FY2022-23 till July 30

Posted on: July 30, 2023

[ad_1] The last date for filing income tax returns for the previous year by salaried class and those who do not have to get their accounts audited is […]

Ceat lines up Rs 750 cr capex for FY24, says MD & CEO Arnab Banerjee
Business

Ceat lines up Rs 750 cr capex for FY24, says MD & CEO Arnab Banerjee

Posted on: July 30, 2023

[ad_1] Tyre maker Ceat Ltd has lined up a capex of around Rs 750 crore for the ongoing fiscal, mostly to be deployed in increasing production capacity […]

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