Record News

26.07 / 10:05

Aviat CEO Merit Airlines IndiGo says working with Pratt & Whitney amid latest engine probe

NEW DELHI (Reuters) -IndiGo operator InterGlobe Aviation said on Wednesday it is working with Pratt & Whitney to assess any potential impact on its fleet, after a warning from the U.S. engine maker spooked global airlines.

26.07 / 09:09

FIVE Banks recovered over ₹10 trillion bad debt in past 9 years: FinMin

₹10 trillion of bad debt, the finance ministry informed Parliament, quoting provisional data for FY2022-23. Minister of state for finance Bhagwat Karad said in a reply in the lower house that various legislative and institutional mechanisms have played a key role in cleansing banks' balance sheets.

26.07 / 09:09

Provident show country National index fall National coal index records steep fall, hints at sufficient fuel stock

New Delhi: The National Coal Index (NCI) fell a significant 33.8% year-on-year to 157.7 points in May, in an indication that supplies in the country remain sufficient. “The National Coal Index (NCI) has shown a significant decline of 33.8% in May 2023 at 157.7 points compared to May 2022, where it was at 238.3 points, which indicates a strong supply of coal in the market, with sufficient availability to meet the growing demands," the coal ministry said in a statement. Similarly, NCI for non-coking coal declined 34.3% on year to 147.5 points in May.

26.07 / 08:21

UPS Virat Kohli vs Sachin Tendulkar all records: Who is better? West Indies legend Curtly Ambrose says this

international cricket. “I’m really happy he got a hundred.

26.07 / 08:21

COST Target Reckitt's sales volume dip takes shine off like-for-like sales beat

(Reuters) -Reckitt Benckiser's sales volume fell in the second quarter as the Dettol and Lysol cleaning products maker increased its price mix to tame soaring raw material costs, sending its shares down more than 2%.

26.07 / 08:21

FIVE film show performer Barbenheimer Box Office Day 5: Barbie vs Oppenheimer, who is winning as per collections in India?

₹2.30 crore India net. On its opening day (Friday), it collected ₹5 crore. The following day (Saturday) witnessed a 30% increase in collections, reaching ₹6.5 crore.

26.07 / 08:05

Lowe's Chart Check: After 18% rally in 3 months, ascending triangle breakout makes Linde India an attractive buy

Linde India, part of the chemical industry, has rallied by about 18% in the last 3 months to hit a fresh record high in July and the chart patterns suggest that the rally in the stock price could take the stock above Rs 5,000, a new record high. The stock rose from Rs 3,897 as on April 24 2023 to Rs 4,593 recorded on 24th July 2023 which translates into an upside of about 18% in 3 months. The stock rose more than 6% in a week.

26.07 / 07:59

UPS Provident Entertainment Mobile track Dwarka Expressway: A thriving hub for luxury housing

Dwarka Expressway has emerged as a thriving hub for luxury housing, offering a promising prospect for homebuyers and investors alike. The segment has witnessed a surge in new project launches, and completed or near-completion projects are in high demand, with limited availability. The combination of ample land banks, robust regulatory checks, and the presence of reputed developers positions the luxury housing segment in Dwarka Expressway for substantial future growth.

26.07 / 07:59

UPS Provident Digital Aware Action Why is the number of ITRs filed increasing? FM Nirmala Sitharaman shares reasons

ITR filing 2023: The number of ITRs filed has increased year-on-year since FY 2019-20. According to data shared by Finance Minister Nirmala Sitharaman in the Lok Sabha on Monday (July 24), the number of ITRs filed in FY 2019-20 was around 6.48 crore, which increase to 6.72 crore in FY 2020-21. In FY 2021-22, more than 6.94 crore returns were filed by taxpayers. However, in FY 2022-23, all previous records were broken as more than 7.4 crore returns were filed.

26.07 / 07:59

UPS CEO Tesla Hyundai Hyundai Motor lifts full-year outlook as Q2 profit up 15%

South Korea’s Hyundai Motor Co raised its annual sales and profit margin guidance on Wednesday, after recording a 15% rise in quarterly net profit helped by a weaker won currency, robust sales of electric vehicles (EVs) and increased production.

26.07 / 07:59

UPS Digital Manufacturing CEO performer CEAT Q1 profit jumps multi-fold at Rs 144.61 crore on high demand, revenue up 4.1%

Tyre manufacturer CEAT Ltd posted a fiscal first quarter profit jump of 1463.4 per cent or almost a 15-fold increase at Rs 144.61 crore as against Rs 9.25 crore during the corresponding quarter of FY23. It posted revenue from operations at Rs 2935.17 crore, up 4.1 per cent as against Rs 2818.38 crore in the first quarter of financial years 2022-23. The company EBITDA stood at Rs 387.2 crore. CEAT recorded a total income for the quarter at Rs 2938.42 crore, up 4.2 per cent as against Rs 2821.14 crore a year earlier. However, the total expenses for the quarter stood at Rs 2739.14 crore, down 2.8 per cent from Rs 2816.66 crore during Q1FY23.

26.07 / 07:59

Out of 74 million ITRs filed in FY23, 70% claimed nil tax liability

Number of Income Tax Return (ITR) filings reached a record 74 million in FY23, but 51.2 million or 70% of these were zero-tax ITRs, meaning nil tax liability was claimed by the taxpayers.

26.07 / 07:59

Aware social Why is Income Tax Return trending? Will Govt Extend ITR Due Date for AY 2023-24? All Details

Income Tax Return Due Date AY 2023-24 Latest News: With just 6 days left before the July 31 deadline for filing Income Tax Return (ITR) for Assessment Year 2023-24, ‘IncomeTaxReturn’ topic has started trending on social media.

26.07 / 07:45

UPS IPO Provident performer track hospital Yatharth Hospital IPO subscribed 30% so far on first day of bidding process

Yatharth Hospital was subscribed 30% in the first few hours on the first day of the bidding process on Wednesday. At 12.04 pm, the public issue garnered 30% bids, with its retail portion subscribed 47%. The portion reserved for non-institutional investors (NIIs) received 28% bids so far today.

26.07 / 07:35

COST UPS Lowe's CBA swings the axe on staff; job cuts across the board

Commonwealth Bank is following in the footsteps of its peers, setting the wheels in motion for a sizeable round of staff cuts.

26.07 / 07:35

FIVE RIO dividend Rio Tinto’s profit and dividend miss estimates

Rio Tinto’s half-year profit has slumped 34 per cent following weaker commodity prices, and the $US5.7 billion ($8.4 billion) underlying profit and $US1.77 per share interim dividend have fallen short of analyst expectations.

26.07 / 06:27

Citi Waters Extreme show Yamuna's water level below danger mark, but rain causes worry

Yamuna river in Delhi flowed below the danger mark of 205.33 metres on Wednesday but is expected to rise again following heavy rain in parts of the capital and upper catchment areas in the morning. According to the Central Water Commission (CWC), the water level at the Old Railway Bridge (ORB) stood at 205.09 metres at 9 am. The Safdarjung Observatory, Delhi's primary weather station, recorded 37.1 mm of rainfall in the 24 hours that ended at 8:30 am, meteorological office data showed.

26.07 / 06:07

UPS Target show Buyback week L&T shares jump 4% to 52-week high post Q1, buyback announcement. How to trade now?

Top brokerages Jefferies and Kotak Institutional Equities have come out with their views on the stock. While the former has a 'Buy' stance, the latter recommended 'Reduce', calling the valuation expensive. L&T reported a 46.5% year-on-year (YoY) growth in consolidated net profit for the quarter ended June 2023 to Rs 2,493 crore.

26.07 / 05:55

Target FIVE Progressive Action band share price fall Asian Paints share price extends fall after Q1 results; Should you buy, sell or hold? Check what brokerages have to say

Asian Paints share price fell nearly a percent on Wednesday, extending its decline from a 4% fall witnessed in the previous session, after the company declared its Q1 results. The paint maker reported a consolidated net profit of ₹1,574.84 crore in the first quarter ended June 2023, recording a 52% growth from ₹1,036.03 crore in the corresponding quarter last year.

26.07 / 05:53

COST UPS awards Celebrity country shock Warning Austal shares plunge after shock loss warning

Shipbuilder Austal has warned it is in danger of sinking to a loss after a big blowout in costs associated with a US Navy contract.

26.07 / 05:19

Citi Booking Manufacturing performer voice share price ITC Share Price Falls as Investors Disappointed with Demerger Ratio

hotel industry that are worth discussing today. The first is about booming hotel rates ahead of the scheduled ODI International World Cup. The 2023 men's cricket world cup will be hosted by India from 5 October 2023 to 19 November 2023.

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