New Delhi (IANS) Reliance Jio’s healthy Q4 results shows the industry is digesting the impact of tariff hikes in the form of meaningful increase in its average revenue per user, said multinational investment bank UBS. In December 2021, 20-25 per cent … read more
New Delhi (IANS) The initial public offering of insurance major Life Insurance Corporation of India has been subscribed 1.02 times on second day of the issue. It received bids for 16.48 crore equity shares against offer size of 16.2 crore equity … read more
New Delhi (IANS) The Central government is organising an investor meet in Mumbai on Friday to develop the PPP model to achieve 100 million ton coal gasification, which is considered a cleaner option compared to burning of coal, and focus on … read more
New Delhi (IANS) Ola Electric has grabbed the top spot in the fast-growing electric vehicle (EV) market in India, in just five months of launching its first e-scooter. According to the government’s Vahan portal data, Ola registered 12,689 e-scooter units in … read more
Bengaluru (IANS) IT major Wipro announced its financial results for the fourth quarter of FY22 ended March 31 on Saturday. According to an official statement issued by the company, its gross revenue stood at Rs 208.6 billion ($2.7 billion1), an increase … read more
New Delhi (IANS) The combined holdings of the domestic mutual funds and direct households in stocks have risen over 600 basis points since 2015, whereas those of foreign portfolio investors (FPI) have declined about 150 basis points, said global investment bank … read more
New Delhi (IANS) The Supreme Court on Friday rejected the challenge against the constitutional validity of the Maharashtra Protection of Interest of Depositors (in Financial Establishments) (MPID) Act, as it upheld the attachment of properties of 63 moons Technologies by the … read more
New Delhi (IANS) The Central Bureau of Investigation (CBI) on Thursday filed its first charge sheet against National Stock Exchange’s ex-MD and CEO Chitra Ramkrishna, and ex Group Operating Officer Anand Subramanian in connection with the NSE co-location scam. Both Ramkrishna … read more
New Delhi (IANS) High cost of ‘fuel and power’ due to the Russia-Ukraine war along with those of primary articles pushed up India’s March 2022 wholesale inflation to a 4-month high level. Accordingly, the annual rate of inflation, based on wholesale … read more
New Delhi (IANS) Automobile major Maruti Suzuki India on Friday launched the next-gen Ertiga MPV. As per the company, the next generation of the MPV is powered by an all-new ‘Next-Gen’ K-series 1.5L Dual Jet, Dual VVT engine with smart ‘Hybrid … read more