[ad_1] Automotive giant Tata Motors posted a consolidated net profit of Rs 3,202 crore in the first quarter (Q1) of 2023-24 (FY24), beating Street estimates, riding on a […]
L&T gets board nod for Rs 10K cr share buyback; Q1 profit surges 46.5% YoY
[ad_1] Engineering conglomerate Larsen & Toubro (L&T) on Tuesday announced a buyback of up to Rs 10,000 crore. It also reported a 46.5 per cent year-on-year rise […]
Market regulator Sebi puts on hold regulations on index providers
[ad_1] The Securities and Exchange Board of India (Sebi) has put on hold its decision to bring index providers within the regulatory ambit. The new regulations could […]
IMF raises India’s FY24 GDP growth forecast by 20 basis points to 6.1%
[ad_1] The International Monetary Fund (IMF) on Tuesday raised the FY24 growth forecast for India by 20 basis points to 6.1 per cent, citing the country’s stronger-than-expected […]
Aviation regulator removes SpiceJet from enhanced surveillance regime
[ad_1] India’s aviation regulator has removed SpiceJet from its so-called enhanced surveillance, saying the no-frills airline had taken “suitable maintenance action”. The Directorate General of Civil […]
Net profit jumps 46%; special dividend of Rs 6 a share declared
[ad_1] Illustration: Ajay Mohanty The net profit of Larsen & Toubro (L&T) for the first quarter of the current financial year (Q1YFY24) saw a rise of 46.4 […]
Auto giant records net profit of Rs 3,202 crore
[ad_1] Tata Motors on Tuesday recorded a consolidated net profit of Rs 3,202.2 crore in the quarter that ended on June 30 as compared to a loss […]
Bajaj Auto net profit up 41.35% YoY at Rs 1,644 cr, revenue rises 29.4%
[ad_1] Bajaj Auto posted a 41.35 per cent year-on-year (YoY) rise in its net profit for the quarter that ended on June 30, 2023, the company said […]
Russia plans to lower oil export discount to $20/bbl, says finance minister
[ad_1] Russia’s finance ministry plans to cut the discount it uses to set taxes on the country’s crude oil exports to $20 per barrel from $25 currently, […]
Prosus says Raveendran Byju was unable to fulfil his fiduciary duty
[ad_1] Byju’s reporting and governance structures did not evolve sufficiently for a company of its scale, the edtech firm’s biggest institutional investor Prosus has said. This is […]