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Repo rate announcement by Governor Das tomorrow; all you must know
Business

Repo rate announcement by Governor Das tomorrow; all you must know

Posted on: August 9, 2023

[ad_1] The Reserve Bank of India’s (RBI’s) six-member monetary policy committee (MPC) is holding its three-day meeting to decide the key interest rates in India. The meeting […]

RBI likely to keep rate and policy stance unchanged to control inflation
Business

RBI likely to keep rate and policy stance unchanged to control inflation

Posted on: August 9, 2023

[ad_1] India’s central bank is expected keep its benchmark rate and policy stance unchanged for a third consecutive meeting to support growth while food inflation accelerates in […]

Shriram Group tycoon who gave away $750 mn sees profit in loans to poor
Business

Shriram Group tycoon who gave away $750 mn sees profit in loans to poor

Posted on: August 9, 2023

[ad_1] By Anto Antony   He built a fortune lending to low-income borrowers shunned by banks. He paid staff below-market wages and thought they still earned […]

Stock market LIVE: Gift Nifty flat; China inflation eases after 28 months
Business

Stock market LIVE: Gift Nifty flat; China inflation eases after 28 months

Posted on: August 9, 2023

[ad_1] Stock market LIVE updates on August 9, 2023: The Reserve Bank of India’s monetary policy meeting will enter its second day today [ad_2] Source link

‘Simple’ licensing norms in the works; MoS IT meets PC, laptop makers
Business

‘Simple’ licensing norms in the works; MoS IT meets PC, laptop makers

Posted on: August 9, 2023

[ad_1] Minister of State for Electronics and Information Technology Rajeev Chandrasekhar on Tuesday met with top laptop, tablet and personal computer (PC) makers and assured them that […]

Adani Enterprises considering sale of 44% stake in Wilmar Venture
Business

Adani Enterprises considering sale of 44% stake in Wilmar Venture

Posted on: August 8, 2023

[ad_1] Adani Wilmar enters whole wheat market in India under its brand Fortune Adani Wilmar reports 60% fall in net profit in Q4FY23, revenue up 7% Stocks to […]

MPL to lay off 350 employees after 28% GST imposed on online gaming
Business

MPL to lay off 350 employees after 28% GST imposed on online gaming

Posted on: August 8, 2023

[ad_1] India’s popular online gaming and fantasy sports startup Mobile Premier League (MPL) is laying off 350 employees, representing about 50 per cent of its India workforce, […]

Net profit falls 10% to Rs 7,941.40 crore
Business

Net profit falls 10% to Rs 7,941.40 crore

Posted on: August 8, 2023

[ad_1] Coal India on Tuesday posted a 10.1 per cent fall in its consolidated net profit to Rs 7,941.40 crore for the quarter ended on June 30, […]

Carlyle to acquire minority stake in Quest Global; Bain, Advent to exit
Business

Carlyle to acquire minority stake in Quest Global; Bain, Advent to exit

Posted on: August 8, 2023

[ad_1] Global investment firm Carlyle will acquire a significant minority stake in Quest Global. Equity for this transaction will come from funds managed and advised by entities […]

Consolidated net profit up 80% to Rs 2,119 cr
Business

Consolidated net profit up 80% to Rs 2,119 cr

Posted on: August 8, 2023

[ad_1] Adani Ports and Special Economic Zone Limited (APSEZ) on Tuesday posted 80 per cent rise in its consolidated net profit at Rs 2,119.38 crore during the […]

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