DCM Shriram on Thursday reported a 73.49 per cent growth in its consolidated profit after tax at Rs 401.19 crore for the quarter ended March. The company's profit after tax (PAT) stood at Rs 231.24 crore during the corresponding period of 2020-21, DCM Shriram said in a BSE filing. Total revenue from operations of the [...]
Logistics services provider Blue Dart Express Ltd on Thursday reported an increase of 52.18 per cent in its consolidated net profit at Rs 136.97 crore for the fourth quarter ended March 2022. The company had posted a net profit of Rs 90 crore in the January-March quarter a year ago, Blue Dart Express said in [...]
New Delhi, May 5 (PTI)Social media company Meta Platforms, Inc – the parent organisation of popular platforms Instagram and Facebook -- has told the Delhi High Court that the rights under Article 19 (free speech) of the Constitution of India cannot be invoked against it by a user and that it is a private entity which does [...]
New Delhi, May 5 (PTI) Telecom service providers' gross revenue declined by 2.64 per cent to Rs 69,695 crore in December 2021 quarter, according to the latest data published by the telecom regulator Trai.The gross revenue of the telecom service providers (TSPs) was Rs 71,588 crore in the same period a year ago, the quarterly [...]
Islamabad, May 5 (PTI) Pakistan has requested Saudi Arabia not to withdraw its deposits given to its central bank and extend its oil facility for the cash-strapped country. Finance Minister Miftah Ismail while addressing a press conference in Karachi on Wednesday said Islamabad had requested Riyadh, which is considering rolling over dollar deposits as Islamabad [...]
Mumbai, May 5 (PTI) Rising for the fourth straight session, the rupee appreciated by 5 paise to close at 76.35 against the US dollar on Thursday after the US Federal Reserve hiked rates by 50 basis points on expected lines but played down prospects of a more aggressive rate action at its next meeting. At [...]
Kolkata, May 5 (PTI) E-commerce major Flipkart on Thursday signed a Memorandum of Understanding (MoU) with Paschim Banga Society of Skill Development (PBSSD), part of the West Bengal government's technical education, to impart industry training to youths to help create a pool of skilled supply chain operators in the state. After completing the course and [...]
New Delhi, May 5 (PTI) Alkesh Kumar Sharma has assumed charge as new Secretary for the Ministry of Electronics and Information Technology, an official release said on Thursday.Sharma, an Indian Administrative Services Officer of the 1990 batch from Kerala cadre, has earlier served as additional secretary and secretary in the Cabinet Secretariat.In addition to other [...]
Kotak Mahindra Bank Limited (Kotak) on Thursday announced an increase in interest rates on fixed deposit across multiple tenor baskets for its retail customers by up to 0.35 per cent. The increase in FD (Fixed Deposit) rates comes after the Reserve Bank of India announced a 40 basis points hike in the repo rate, Kotak [...]
Cases related to bank loan frauds, embezzlement of government funds and duping of investors through ponzi scams constitute almost half of the money laundering investigations taken up by the ED since it was empowered to investigate serious financial crimes about 16 years back. Cases of corruption in the government and public sector come next as [...]
