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Centre extends restriction on export of sugar beyond October: Govt order
Business

Centre extends restriction on export of sugar beyond October: Govt order

Posted on: October 18, 2023

[ad_1] The government on Wednesday again extended restrictions on sugar exports beyond October 31 next year, a move aimed at increasing the availability of the commodity in […]

Adidas lifts revenue guidance, forecasts smaller 2023 operating loss
Business

Adidas lifts revenue guidance, forecasts smaller 2023 operating loss

Posted on: October 18, 2023

[ad_1] Sportswear giant Adidas lifted its revenue forecast and cut its expected loss for 2023 on Tuesday, citing Yeezy shoe sales and a stronger core business.   […]

Musk’s X to test charging users $1 a year to reduce spam, bot accounts
Business

Musk’s X to test charging users $1 a year to reduce spam, bot accounts

Posted on: October 18, 2023

[ad_1] By Aisha Counts X, the social network formerly known as Twitter, began testing a $1-per-year subscription fee for new accounts on the web that want […]

Asian indices mixed; China Q3 GDP comes at 4.9%
Business

Asian indices mixed; China Q3 GDP comes at 4.9%

Posted on: October 18, 2023

[ad_1] Stock market LIVE updates: Stock-specific action will be the key market theme on Wednesday as Q2FY24 results gain steam. At 7:25 AM, Gift Nifty was quoting […]

Here’s why India’s war on informal labour is bad for its workers
Business

Here’s why India’s war on informal labour is bad for its workers

Posted on: October 18, 2023

[ad_1] By Andy Mukherjee India’s mission to bring its vast workforce into formal jobs is faltering, leaving a majority of nonfarm labour in unincorporated businesses. It […]

Net profit rises 14.22% to Rs 116.5 crore
Business

Net profit rises 14.22% to Rs 116.5 crore

Posted on: October 17, 2023

[ad_1] Syngene International Ltd on Tuesday reported a 14.22 per cent increase in consolidated net profit at Rs 116.5 crore in the September quarter. The company […]

I-T moves HC against tribunal for favouring LIC in Rs 5K cr tax cases
Business

I-T moves HC against tribunal for favouring LIC in Rs 5K cr tax cases

Posted on: October 17, 2023

[ad_1] Life Insurance Corporation (LIC) on Tuesday said that the Income Tax Authority has filed an appeal with the Bombay High Court against the Income Tax Appellate […]

Ericsson India sales jump 3.5 times to about Rs 7,400 cr in Jul-Sept qtr
Business

Ericsson India sales jump 3.5 times to about Rs 7,400 cr in Jul-Sept qtr

Posted on: October 17, 2023

[ad_1] Swedish telecom gear maker Ericsson’s net sales in India grew over 3.5 times to about Rs 7,400 crore (9.6 billion Swedish Krona) in the third quarter […]

Govt cuts windfall tax on petroleum crude, will be effective from Oct 18
Business

Govt cuts windfall tax on petroleum crude, will be effective from Oct 18

Posted on: October 17, 2023

[ad_1] India has cut windfall tax on petroleum crude, aviation turbine fuel and diesel, according to a government notification on Tuesday. The windfall tax on petroleum […]

VPA inks deals with NHAI, Trion worth Rs 1,400 cr
Business

VPA inks deals with NHAI, Trion worth Rs 1,400 cr

Posted on: October 17, 2023

[ad_1] The Visakhapatnam Port Authority (VPA) on Tuesday entered into agreements with the National Highways Authority of India (NHAI) and Trion Properties to execute projects worth Rs […]

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