Adani Green Energy on Wednesday posted a nearly 20 per cent rise in its consolidated net profit to Rs 49 crore in the October-December quarter compared to the year-ago period mainly on the back of higher revenues. The company had reported a consolidated net profit of Rs 41 crore in the quarter ended on December [...]
New Delhi, Feb 2 (PTI) 'Tata Group is excited to work together to make Air India the airline of choice in terms of passenger comfort and service'. This is an audio message from Ratan Tata played onboard some Air India flights. Tata Group completed the takeover of the loss-making Air India on January 27. On [...]
New Delhi, Feb 2 (PTI) The Budget announcement of taxing 'virtual digital assets' or crypto currencies will help the Income-Tax department measure the "depth" of this trade in the country, know the investors and the nature of their investments and it does not "attach any legality" to these transactions, CBDT Chairman J B Mohapatra said. [...]
New Delhi, Feb 2 (PTI) Direct-to-consumer (D2C) lifestyle brand Zouk on Wednesday said it aims to garner Rs 100 crore annual revenue run rate by FY23 as it looks to expand product range and strengthen international operations across the US and Middle East.Founded by Disha Singh and Pradeep Krishnakumar, Zouk makes laptop bags, tote handbags, [...]
Bengaluru, Feb 2 (PTI) The Karnataka government has approved 88 industrial projects worth Rs 2,367.99 crore that would generate jobs for over 10,904 people in the State. The 129th meeting of the State Level Single Window Clearance Committee (SLSWCC) held under the chairmanship of Minister for Large and Medium Scale Industries Murugesh R Nirani on [...]
Mangaluru, Feb 2 (PTI): Following are areca nut and coconut prices. Areca (per QTL) Old Supari : Rs 48000 to Rs 53500 model Rs 51500 New Supari : Rs 40000 to Rs 45000 model Rs 43000 Koka: Rs 30000 to Rs 39000 model Rs 35000 Coconut [per thousand]: 1st quality: Rs 18000 to Rs 20000 [...]
Prime Minister Narendra Modi on Wednesday said the digital rupee, proposed in the union budget, could be exchanged for cash and will open new opportunities in the fintech sector. Addressing the 'Atmanirbha Arthavyavastha' (self-reliant economy) symposium organised by the BJP, he said the central bank digital currency or the digital rupee will make online payments [...]
Domestic rating agency CRISIL on Wednesday estimated FY23 real GDP growth at 7.8 per cent as compared with the 8.5 per cent projected in the Economic Survey. Finance Minister Nirmala Sitharaman's Budget proposals focused on loosening the purse strings by boosting capital expenditure and going slow on fiscal consolidation are aimed in the right direction, [...]
New Delhi, Feb 2 (PTI) Adani Green Energy on Wednesday posted a nearly 20 per cent rise in its consolidated net profit to Rs 49 crore in the October-December quarter compared to the year-ago period mainly on the back of higher revenues. The company had reported a consolidated net profit of Rs 41 crore in [...]