Power Grid Corporation of India Limited (POWERGRID) on Wednesday announced its financial results for the fourth quarter (Q4) of the financial year 2024 (FY24) ending March 31, 2024.The state-owned company reported a nearly 4 per cent decline in its consolidated net profit to ₹4,166.33 Crore in the March quarter, mainly due to a marginal decline…
Paytm’s revenue from operations declined 2.8 percent year-on-year (YoY) to Rs 2,267.1 Crore from Rs 2,464.6 Crore in the same quarter of FY23.According to the company’s regulatory filing, fintech firm One97 Communications Ltd, owner of Paytm, has widened its loss to Rs 550 Crore in Q4FY22. The company had incurred a consolidated loss of Rs…
Data shared by the Ministry of Commerce and Industry on Monday showed that the maximum residue level (MRL) for EtO in Singapore was 50 mg/kg, while in the EU it was 0.02 to 0.01 mg/kg and in Japan it was 0.01.The Spices Board of India is carrying out inspections at several MDH and Everest processing…
Brokerage firm Elara Securities has upgraded defense PSU stock Hindustan Aeronautics Limited (HAL) to ‘Buy’ from ‘Accumulate’. The company has upgraded Hindustan Aeronautics Limited (HAL) to ‘Buy’ from ‘Accumulate’. -Its net profit for the fourth quarter results (Q4 FY24) increased year-on-year to ₹4,308.7 crore. The brokerage firm has also raised the target price of the…
The United Nations has revised India’s growth projections for 2024, with the country’s economy now projected to grow about seven percent this year, driven mainly by strong public investment and resilient private consumption.“India’s economy is projected to grow by 6.9% in 2024 and 6.6% in 2025, driven mainly by strong public investment and resilient private…
After Singapore and Hong Kong, Nepal has also took a decision to ban the consumption and sale of spices made by Everest and MDH amid concerns over traces of harmful chemicals in the products. Nepal’s Department of Food Technology and Quality Control has began testing the spices from the two Indian brands for ethylene oxide,…
PhonePe on Wednesday(15, May 2024) joined hands with LankaPay to allow its users to pay using UPI across Sri Lanka. To mark the partnership, PhonePe said its app users traveling to Sri Lanka can do payments using UPI across LankaPay QR merchants. The transactions will be promoted by the UPI and LankaPay National Payment Network….
Oil prices enlarged from the precedent session on Thursday on signs of stronger demand in the US, where data showed affectation slower than markets expected, and bolstering arguments for interest rate cuts that could lead to further consumption.Brent futures enlarge 32, or0.4, to$83.07 a barrel at 0620 GMT, while U.S. West Texas Intermediate crude( WTI)…
Mumbai: Abans Holdings, a diversified financial services company, on Tuesday said it booked a consolidated net profit of Rs 89.2 crore during the financial year 2024 (FY24), compared to Rs 70 crore during the previous financial year, an increase of 27.4%. The company reported 18.6% growth in consolidated total income during FY2024 to Rs 1,380…
Petroleum-based lubricants used in internal combustion engines (ICEs) are being threatened by the growing trend of electric vehicles (EVs), which run on batteries instead of engines. Gulf Oil Lubricants India Limited, part of the Hinduja Group-owned Gulf Oil International, is a leading player in the domestic lubricants market and is valued at around Rs 4,500…
