Chennai (IANS) Old generation private bank Karur Vysya Bank on Monday said it closed Q1FY24 with 56.77 per cent growth in net profit as compared to the corresponding period of the previous year. According to Karur Vysya Bank, it had … read more
New Delhi (IANS) Markets were on a roll last week and it seemed that there was no stopping their upward rise. They gained on four of the five trading sessions and continued to scale new heights on virtually every session. … read more
Abu Dhabi (IANS) The meeting of Indian PM Narendra Modi and UAE President Sheikh Mohammed bin Zayed Al Nahyan in Abu Dhabi on Saturday comes with many new landmark initiatives. They discussed strengthening the ”distinguished historical relations” between the UAE … read more
New Delhi (IANS) India’s trade deficit in merchandise trade slid to $20.13 billion in June from $22.1 billion in May, according to a Commerce Ministry data released on Friday. Merchandise exports in June was at $32.97 billion, while imports were … read more
New Delhi (IANS) Chennai-based edtech startup Skill-Lync has again laid off employees — this time nearly 225 employees or 20 per cent of its workforce — to cut operational costs. Skill-Lync co-founder Suryanarayanan Paneerselvam on Thursday confirmed fresh layoffs to … read more
New Delhi (IANS) India Inc saw just 16 deals amounting to $98 million in the second quarter (Q2) this year in the auto sector, registering a substantial decline in overall deal activity, with a 92 per cent drop in values … read more
New Delhi (IANS) ITC, despite facing a challenging business environment, has demonstrated strong performance across all operating segments as a result of its ITC Next strategy. The diversified conglomerate recently released its Annual Report for FY 2022-23, showcasing impressive financial … read more
New Delhi (IANS) The government on Monday said that the decision of Taiwanese giant Foxconn to withdraw from its semiconductor joint venture (JV) with Vedanta has no impact on India’s semiconductor goals. Both Foxconn and Vedanta have significant investments in … read more
New Delhi (IANS) Markets continued making new highs during the week, but showed their vulnerable side as well when they corrected on Friday, the last day of the week quite sharply. They have become volatile and are subject to sharp … read more
New Delhi (IANS) In a bid to optimise utilisation of accommodation in trains, the Union Railways Ministry on Saturday announced the introduction of a discounted fare scheme in AC sitting trains. “With a view to optimise utilisation of accommodation in … read more