New Delhi, May 3 (PTI) SBI Cards and Payment Services (SBI Card) on Tuesday said its chief financial officer (CFO) Nalin Negi has resigned from his post. His last working day with the company will be July 31, 2022, SBI Card said in a regulatory filing. Earlier last week, the pure-play credit card issuer posted [...]
Mumbai, May 3 (PTI) A jump in advertising could lead to an increase of up to 25 per cent in print media revenues in FY23, but pressure from higher newsprint costs because of Russia's Ukraine invasion will dent profitability, a report said on Tuesday. The operating profit margins for print media players can narrow by [...]
Mumbai, May 3 (PTI) Cumin prices are likely to soar by up to 30-35 per cent to touch a five-year high of Rs 165-170 per kg in the 2021-2022 crop season following a decline in production, low acreage and damage to the crop due to excess rainfall, according to a report. Cumin appears set to [...]
New Delhi, Delhi, India – Business Wire India Recently the United States Agency for International Development (USAID), through its MOMENTUM Routine Immunization Transformation and Equity project, organized a collaborative virtual event “Expanding Coverage of COVID-19 vaccination for 12-14 year olds,” bringing together key stakeholders to discuss current COVID-19 vaccination progress for young adolescents and the [...]
New Delhi, May 3 (PTI) Aurobindo Pharma on Tuesday said its wholly-owned arm Eugia Pharma Specialties Ltd has received final approval from the US health regulator to manufacture and market its generic version of Bortezomib for injection used to treat certain types of cancer. The approval by the US Food and Drug Administration (USFDA) is [...]
New Delhi, May 3 (PTI) CCTV-based video analytics solutions company Graymatics is considering raising at least USD 20 million (around Rs 153 crore) by the end of 2022, as it looks to scale up business growth by tapping into global opportunities in smart city projects and transportation, retail and other key verticals. The Singapore-based cognitive [...]
9th Indian Material Recycling Conference (IMRC) of Material Recycling Association of India (MRAI), which is one of the foremost events in the recycling industry, is all set to take place at Leela Ambience Convention Hotel, Shahdara, Delhi between May 5-7, 2022. The conference is meticulously planned to focus on various topics and sessions such as [...]
New Delhi, May 3 (PTI) The BSE smallcap and midcap indices have underperformed the benchmark gauge so far this year, falling up to 4 per cent, with experts saying a hawkish US Fed and soaring inflation may lead to more market volatility in the near term. Domestic equity markets have faced many headwinds in recent [...]
Bhubaneswar, May 3 (PTI) Odisha has recorded the highest-ever state GST collection of Rs 1,714.78 crore in April this year, registering a 52.20 per cent growth over the year-ago month, a senior official said on Tuesday.The state GST (SGST) mop-up was Rs 1,126.67 crore in the corresponding month last year.The collection of goods and services [...]
Realty firm Godrej Properties on Tuesday reported a consolidated net profit of Rs 260.47 crore for the quarter ended in March while its sales bookings grew by 23 per cent to Rs 3,248 crore on improved housing demand despite the second wave of the COVID-pandemic. The company had posted a net loss of Rs 191.57 [...]
New Delhi, May 3 (PTI) Mahagram, a fintech company, has launched citizen service delivery portal GramSevak.com to provide doorstep financial services to the masses. Citizens in rural and urban areas can use the platform to access e-governance, banking, and insurance services with the support of their local Gram Sevak representatives. The company said it expects [...]
New Delhi, May 3 (PTI) Eris Lifesciences Ltd on Tuesday reported a 17 per cent increase in consolidated net profit at Rs 79.97 crore for the fourth quarter ended March 2022. The company had posted a consolidated net profit of Rs 68.24 crore in the same quarter a year ago, Eris Lifesciences said in a [...]
New Delhi, May 3 (PTI) Godrej Properties on Tuesday reported a consolidated net profit of Rs 260.47 crore for the quarter ended March 2022 on higher income. The company had posted a net loss of Rs 191.57 crore in the year-ago period. Total income increased to Rs 1,522.57 crore during January-March quarter of the last [...]
New Delhi, May 3 (PTI) Jeep India, a part of automotive group Stellantis, on Tuesday announced the opening of bookings for its upcoming SUV Meridian, the production of which has also commenced from its joint venture manufacturing facility at Ranjangaon, Maharashtra. Customers can book the Meridian either at Jeep India dealership network or through the [...]
New Delhi, May 3 (PTI) Zydus Lifesciences Ltd on Tuesday said it has received the final approval from the US health regulator to market its generic version of Bortezomib for injection used to treat certain types of cancer. The approval by the US Food and Drug Administration (USFDA) is for single-dose vial of Bortezomib for [...]
Adani Wilmar Ltd (AWL) on Tuesday announced the acquisition of several brands, including the renowned 'Kohinoor' brand from McCormick Switzerland GMBH to strengthen its leadership in food business. The deal size was not disclosed. The acquisition would give AWL exclusive rights over the brand 'Kohinoor' basmati rice along with 'Ready to Cook', 'Ready to Eat' [...]
The auspicious day of Akshaya Tritiya has begun on a strong note as jewellers are witnessing good footfalls and being a public holiday on Tuesday, consumers are flocking to the stores early before the temperature soars. "Jewellers across the country have opened their stores early across the country and there is a strong momentum in [...]
