Toyota Kirloskar Motor (TKM) has made waves in the automotive market with the official announcement of the New Grade G-AT for the Toyota Rumion, alongside the reopening of E-CNG bookings. This latest addition to the Rumion lineup is anticipated to elevate the vehicle’s market presence with its spacious and comfortable design, superior fuel efficiency, and…
UltraTech Cement Ltd on Monday reported 35.24% rise in consolidated net profit at Rs 2,258.58 Crore for the fourth quarter (Q 4) ended March 31, 2024. The foremost cement maker had posted a consolidated net profit of Rs 1,670.10 Crore in the January to March quarter. In the last financial year, according to a regulatory…
Tata Motors, India’s largest commercial vehicle manufacturer, announced the inauguration of a new commercial vehicle spare parts warehouse in Guwahati. The state-of-the-art facility is fully digitalised and spans across 1 lakh square feet, stocking spare parts for the entire commercial vehicle portfolio. The addition of the new facility will enable the company faster turnaround times…
In a response to the allegations made against the spices of MDH, it said its products doesn’t contain ethylene oxide or any other harmful products as well as the company has not got any communication from regulators and authorities in Hong Kong or Singapore about alleged contamination in its products. Hong Kong earlier this month…
Yes Bank Q4 Results Highlights: Indian private lender Yes Bank reported a significant 123% year-on-year growth in net profit for the fourth quarter (Q4) of FY24,increased to ₹452 crore from ₹202.4 crore in the same quarter last year, well above analysts’ expectations. Sequentially, profits increased 95.2% from the previous quarter, according to the earnings report dated…
SBI Life Insurance on April 26 reported net profit of Rs 810 crore for the March quarter, up 4 ℅ from the year-ago period. The insurer’s net premium income stood at Rs 25,116 crore as against Rs 19,896 crore last year. The solvency ratio fell to 1.96 percent as against 2.15 percent last year. For…
HDFC Life has recently announced a strategic corporate agency tie-up with Peerless Financial Products Distribution Ltd. (PFPDL). This collaboration aims to amplify HDFC Life’s presence, particularly in Tier 2 and Tier 3 cities, leveraging PFPDL’s extensive network spanning 42 locations. PFPDL, a subsidiary of Peerless General Finance & Investment Co. Ltd (PGFI), boasts a significant…
Actress Sanjana Sanghi’s relentless pursuit of making world a better place and her dedication to empowering the Youth are second to none! As an UNDP Youth Champion, she has garnered widespread admiration, attracting audiences not just with her acting talent but also with her noble humanitarian work. Now, the model has added another feather to…
India’s markets regulator found that twelve offshore funds investing in Adani Group companies violated disclosure rules and exceeded investment limits, Reuters reported. In August last year, Reuters had initially revealed that Sebi had detected violations of rules regarding disclosures by listed entities and restrictions on offshore fund holdings. Additionally, the regulatory authority was investigating links…
As the National Stock Exchange of India (NSE) prepares to unveil derivatives linked to the Nifty Next 50 index (NIFTYNXT50) on April 24, 2024, it’s worth considering the profound implications of this move. Beyond the numbers and market dynamics, the introduction of these derivatives represents a significant step towards fostering inclusive financial growth and empowering…
