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Industry players divided over capacity, penalty issues for PLI-AAC bids
Business

Industry players divided over capacity, penalty issues for PLI-AAC bids

Posted on: July 25, 2023

[ad_1] The Union government on Monday facilitated a stakeholder consultation with industry representatives for their inputs and suggestions before the start of the re-bidding process of the […]

Net profit plunges 92% but still beats estimates
Business

Net profit plunges 92% but still beats estimates

Posted on: July 24, 2023

[ad_1] Tata Steel reported a 92 per cent fall year-on-year (YoY) in its consolidated net profit (attributable to the owners of the company) for the June 2023 […]

Instant settlement of share transactions in the works: Sebi chief
Business

Instant settlement of share transactions in the works: Sebi chief

Posted on: July 24, 2023

[ad_1] The Securities and Exchange Board of India (Sebi) is working on an ambitious plan to settle secondary market trades on a real-time basis. The proposal comes […]

100,000 tax notices to be disposed of by March: FM Nirmala Sitharaman
Business

100,000 tax notices to be disposed of by March: FM Nirmala Sitharaman

Posted on: July 24, 2023

[ad_1] About 100,000 reassessment notices issued by the income-tax (I-T) department in the past years — where the income escaped from tax was above Rs 50 lakh […]

Net profit rises 42.2% to Rs 434.3 crore
Business

Net profit rises 42.2% to Rs 434.3 crore

Posted on: July 24, 2023

[ad_1] TVS Motor on Monday reported a 42.2 per cent rise in its net profit in the quarter that ended on June 30 to Rs 434.3 crore […]

Sebi to consider permitting delisting via fixed price: Madhabi Puri
Business

Sebi to consider permitting delisting via fixed price: Madhabi Puri

Posted on: July 24, 2023

[ad_1] India’s markets regulator will consider permitting the delisting of companies via fixed price instead of the reverse book-building procedure, Chairperson Madhabi Puri Buch said on Monday. […]

Elon Musk-owned Twitter changes blue bird logo to ‘X’ as part of rebranding
Business

Elon Musk-owned Twitter changes blue bird logo to ‘X’ as part of rebranding

Posted on: July 24, 2023

[ad_1] Elon Musk-owned Twitter on Monday launched its new logo, X, which replaced the blue bird as part of a wider rebranding. The social media network’s […]

Tata Steel Q1 consolidated net profit falls over 93% to Rs 524.85 cr
Business

Tata Steel Q1 consolidated net profit falls over 93% to Rs 524.85 cr

Posted on: July 24, 2023

[ad_1] Tata Steel on Monday posted over 93 per cent decline in consolidated net profit to Rs 524.85 crore for the April-June quarter of 2023-24 on account […]

Centre approves 8.15% interest for 60 million EPFO subscribers in FY23
Business

Centre approves 8.15% interest for 60 million EPFO subscribers in FY23

Posted on: July 24, 2023

[ad_1] The labour ministry has, in a circular issued on Monday, approved an interest rate of 8.15 per cent to be credited into the accounts of nearly 60 […]

Net profit jumps by 62% YoY, GNPA ratio down to 5%
Business

Net profit jumps by 62% YoY, GNPA ratio down to 5%

Posted on: July 24, 2023

[ad_1] Illustration: Ajay Mohanty IDBI Bank saw its net profit for the first quarter of the current financial year (Q1FY24) jump 62 per cent year-on-year (YoY) to […]

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