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Here’s why Disney’s deal to sell Indian ops will follow Murdoch’s logic
Business

Here’s why Disney’s deal to sell Indian ops will follow Murdoch’s logic

Posted on: October 26, 2023

[ad_1] By Andy Mukherjee A new class of competition is disrupting legacy media in the world’s most-populous nation, leading to a second change in the ownership […]

Sebi bars finfluencer from securities market, asks to disgorge Rs 17 cr
Business

Sebi bars finfluencer from securities market, asks to disgorge Rs 17 cr

Posted on: October 25, 2023

[ad_1] The Securities and Exchange Board of India (Sebi) on Wednesday barred financial influencer Mohammad Nasiruddin Ansari, operating with the handle ‘Baap of Chart’ and known as […]

CMS Info System Q2 net profit up 16%, managed ATM services income grows 26%
Business

CMS Info System Q2 net profit up 16%, managed ATM services income grows 26%

Posted on: October 25, 2023

[ad_1] CMS Info System Ltd, a managed ATM business and IT services provider, reported a 16.41 per cent year-on-year (Y-o-Y) growth in consolidated net profit at Rs […]

Net profit increases 49% to Rs 1,295 cr
Business

Net profit increases 49% to Rs 1,295 cr

Posted on: October 25, 2023

[ad_1] Illustration: Ajay Mohanty Telecom infrastructure company Indus Towers on Wednesday posted a 49 per cent increase in consolidated net profit to Rs 1,295 crore in the […]

CBDC can play important role in cross-border payment, says RBI Guv
Business

CBDC can play important role in cross-border payment, says RBI Guv

Posted on: October 25, 2023

[ad_1] Reserve Bank Governor Shaktikanta Das has said that the Central Bank Digital Currency (CBDC), which is being promoted by the central bank, can play an important […]

NFRA probing Adani Group’s auditor SR Batliboi, an EY member firm
Business

NFRA probing Adani Group’s auditor SR Batliboi, an EY member firm

Posted on: October 25, 2023

[ad_1] India’s accounting regulator is investigating an EY member firm that audits five companies that are part of billionaire Gautam Adani’s eponymous conglomerate, a source familiar with […]

Essar plans to make Saudi Arabia regional hub to drive expansion locally
Business

Essar plans to make Saudi Arabia regional hub to drive expansion locally

Posted on: October 25, 2023

[ad_1] Indian conglomerate Essar Group plans to make Saudi Arabia a hub to drive its expansion locally and regionally, its chief executive Prashant Ruia said on Wednesday. […]

GMR Airports purchases 11% more stake in GMR Hyderabad Airport for $100 mn
Business

GMR Airports purchases 11% more stake in GMR Hyderabad Airport for $100 mn

Posted on: October 25, 2023

[ad_1] GMR Airports Limited (GAL) on Wednesday said it will increase its stake in GMR Hyderabad International Airport Limited (GHIAL)  by acquiring an 11 per cent stake […]

Net profit down 61.6%, revenue drops 2%
Business

Net profit down 61.6%, revenue drops 2%

Posted on: October 25, 2023

[ad_1] Mahindra & Mahindra group’s IT services business, Tech Mahindra’s net profit for the second quarter of FY24 was down 61.6 per cent at Rs 494 crore. […]

HMD Global expects 25-30% sales growth in Nokia phones with Easy Pay launch
Business

HMD Global expects 25-30% sales growth in Nokia phones with Easy Pay launch

Posted on: October 25, 2023

[ad_1] Nokia brand mobile device maker HMD Global expects a 25-30 per cent increase in sales in handsets on the back of the introduction of Easy Pay […]

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