New Delhi (IANS) The Union Government has authorised the release of tax devolution to the tune of Rs 72,961.21 crore to state governments for the month of November 2023 just ahead of the festive season. This will enable the state … read more
New Delhi (IANS) Investors will closely scrutinise the economic data from the US, including the PMI and nonfarm payroll releases, to gain further insights into US economic performance, says Vinod Nair, Head of Research at Geojit Financial Services. The corporate … read more
New Delhi (IANS) Logistics services provider Delhivery’s net loss in the September quarter of the current financial year was more than halved to Rs 103 crore, while revenue increased by 8 per cent to Rs 1,942 crore, despite higher inflation … read more
New Delhi (IANS) Re-commerce marketplace Cashify saw its losses surging 49.5 per cent to Rs 148 crore in FY23 from Rs 99 crore in FY22. The company’s revenue from operations went up 63.9 per cent to Rs 816 crore in … read more
New Delhi (IANS) Hero MotoCorp on Wednesday reported a 47 per cent jump in net profit at Rs 1,054 crore for the July-Sep quarter of the current financial year. The two-wheeler major had registered a profit of Rs 716 crore … read more
New Delhi (IANS) India’s fiscal deficit for the first six months (April-September) of the current financial year was Rs 7.02 lakh crore which works out to 39.3 per cent of the estimate for the whole year, according to government data … read more
New Delhi (IANS) Google-backed edtech platform Cuemath’s losses went up by 8.3 per cent to reach Rs 235 crore in FY23, from Rs 217 crore in FY22. The startup’s revenue from operations nosedived 18.6 per cent to Rs 120.5 crore … read more
London (IANS) Oil prices on Monday fell again as there are fears that Israel’s move to expand its military operations in Gaza can lead to a regional conflict which can adversely affect the global economy, media reports said. Brent crude, … read more
New Delhi, Oct 29 (IANS) Apple’s revenue in India hit nearly Rs 50,000 crore in FY23, with sales increasing 48 per cent to Rs 49,321 crore and net profit rising 76 per cent to Rs 2,229 crore. It is the … read more
New Delhi (IANS) V K Vijayakumar, Chief Investment Strategist at Geojit Financial Services, said FPI selling continues unabated impacting financial services and IT segment more than others. In October, FPIs have sold equity for Rs 20356 crore. The selling through … read more