Domestic equity benchmarks turned green in the intraday trade after opening in the red territory on Tuesday amid mixed sentiment in global markets. The Nifty Bank index was trading 128 points or 0.25% higher on Tuesday at 43,317 levels. Here are 3 bank stocks that gained more than 5 percent on Tuesday after they announced [...]
The Indian Railways registered earnings of approximately ₹ 48,913 crores in the nine months ended December (April 2022 to December 2022). This is an escalation of 71% as compared to ₹ 28,569 during the corresponding period last year. The number of passengers with reserved bookings rose to 59.61 crores, up 6.35% as compared to 56.05 [...]
The Indian markets have started the new year on a happy note as the benchmark indices opened higher in green on Monday. With the new year, Indian companies have transitioned from Q3 to the last quarter and are set to release their earnings for the period. Here are two Tata stocks that remained in focus [...]
Online food delivery platform Zomato Ltd said its Co-founder and Chief Technology Officer Gunjan Patidar resigned from the post on Monday. Patidar was one of the first few employees of Zomato and built the core tech systems for the company, it said in a regulatory filing. "Over the last ten plus years, he also nurtured [...]
Maruti Suzuki India on Tuesday reported a 28 per cent rise in exports at 2,63,068 units in 2022, its highest ever overseas shipments. The company's previous highest exports was achieved in 2021 with 2,05,450 units. The highest exported models in 2022 were Dzire, Swift, S-Presso, Baleno and Brezza, the company said in a statement. "Crossing [...]
Public-private partnership in port infrastructure has been an important source of investment in the sector and the Ministry of Ports, Shipping and Waterways (MoPSW) has a pipeline of 44 projects for total investment of Rs 22,900 crore till 2024-25, Union Minister Sarbananda Sonowal said on Tuesday. Moreover, the government is working on the guidelines for [...]
Prices of refrigerators are likely to increase by up to 5 per cent as the revised norms of the Bureau of Energy Efficiency (BEE) have become applicable from January 1 this year. According to manufacturers like Godrej Appliances, Haier and Panasonic, implementation of the new norms may put an additional burden of 2-5 per cent [...]
The Indian Performing Right Society (IPRS) Ltd has moved the insolvency tribunal NCLT against Zee Entertainment Enterprise Ltd, claiming a default of Rs 211.41 crore, the media major said in a regulatory filing. However, Zee Entertainment Enterprise Ltd (ZEEL) added that it "will be filing its reply rejecting the claim on, inter alia, the ground [...]
Vedanta group firm Hindustan Zinc on Monday said its mined metal output registered a marginal rise of one per cent to 2,54,000 tonnes in the third quarter of the current fiscal. The company's mined metal production was 2,52,000 tonnes in the year-ago period. In a statement, the company said that the mined metal production stood at [...]
Grounded carrier Jet Airways on Monday said Sanjiv Kapoor remains the CEO-designate of the company till the airline's ownership is transferred to the consortium by the lenders. Earlier CNBCTV18 reported that the head of the Jet Airways management committee and erstwhile Resolution Professional Ashish Chhawchharia in a notice to Kapoor has asked him to refrain [...]
