State-owned Central Bank of India on Wednesday reported 64 per cent jump in profit at Rs 458 crore for December quarter 2022-23, aided by a decline in bad loans and improvement in Net Interest Income (NII). The Mumbai-based bank had posted a net profit of Rs 279 crore in the year-ago period. The bank's total [...]
On Wednesday, shares of PTC India were locked in the upper circuit and climbed to the ₹100 mark at 9.50 A.M. The shares of the power trading company rose after reports suggested various interested buyers including names such as Tata Power, Adani Group, Greenko, and JSW Energy. In the past month, the small-cap energy stock [...]
Agro Chem Federation of India (ACFI) has demanded that the government should cut import duty on crop protection chemicals in the upcoming budget and also provide fiscal incentives to private players for undertaking research. The ACFI is an industry body representing manufacturers/ importers of technical and formulation of pesticides at the pan-India level. "India presently [...]
Ace investor Ashish Kacholia increased his stake in Gravita India in the December quarter of the financial year (Q3FY23). The company’s shares were trading at ₹ 449.35 apiece at 02:58 PM on the National Stock Exchange (NSE). Gravita India is one of the largest lead producers in India. Its business is organized across four specialized [...]
Women from tier 2 cities have been enthusiastically participating to be a part of the workforce and have also started opting for unconventional roles for flexibility and better income opportunities, says a report. In 2022, jobs and professional networking platform 'apna' witnessed more than 31 million professional conversations among women from tier 1, tier 2, [...]
Adani Green Energy arm Adani Renewable Energy Holding Two Ltd will acquire 50 per cent equity in Essel Saurya Urja Company of Rajasthan Ltd from Essel Infraprojects for Rs 15 crore. Adani Renewable Energy Holding Two Ltd (ESUCRL) has entered into a binding term sheet with Essel Infraprojects Ltd on January 17, 2023 to this [...]
Prices of luxury properties appreciated by 8-12 per cent during the last year across major cities and has breached the 2015 peak level, according to India Sotheby's International Realty. In its annual 'Luxury Outlook Survey 2023', India Sotheby's International Realty (ISIR) revealed that 61 per cent of High-Net-worth Individuals (HNIs) and Ultra High-Net-worth Individuals (UHNIs) [...]
Ahead of the Budget session of Parliament, the finance ministry has sought expenditure proposals for the second and final batch of Supplementary Demands for Grants from various ministries and departments. The final batch of Supplementary Demands for Grants for 2022-23 is proposed to be placed before Parliament in the ensuing session, the ministry said in [...]
The shares of Adcon Capital services gained 4.81% on Wednesday and were locked at ₹ 5.01 apiece, at an upper circuit. Its shares have been on a gaining streak since November 2022. Incorporated in 1994, Adcon Capital Services Ltd is a Non-deposit taking NBFC (Non-Banking Financial Company). It is engaged in the business of providing [...]
360 ONE (earlier known as IIFL Wealth & Asset Management) on Wednesday said it has completed the acquisition of controlling stake in early-stage venture investments platform Mumbai Angels. Mumbai Angels, one of the leading players in the early-stage investment space, will now be looking at deals with a deeper penetration in the early-stage startup pool, [...]
