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23.04 / 14:31
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ICICI Prudential Q4 Results: Net profit drops 26% YoY to Rs 174 crore, net premium income up 17%
Net premium income for the reporting period jumped 17% to Rs 14,788 crore.
23.04 / 14:31
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Volkswagen Taigun GT Line and GT Plus Sport launched in India: Here's what's new
Volkswagen has expanded its SUV lineup in India with the launch of two new variants of the popular Taigun model. According to a statement by the company, the new variants, namely the Taigun GT Line and Taigun GT Plus Sport, aim to provide Indian buyers with a more dynamic driving experience. Pricing and Features The Taigun GT Line, featuring a 1.0L TSI engine, is priced at Rs 14.08 lakh (ex-showroom), while the Taigun GT Plus Sport, powered by a 1.5L TSI engine, is priced at Rs 18.53 lakh (ex-showroom). Both variants offer a range of features and specifications to enhance the driving experience.
23.04 / 12:51
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Action plans for banana, mangoes exports among 20 agricultural products in works
action plans for around 20 agricultural products including banana, mangoes, potato and baby corn to boost their exports and these are likely to be ready in the next 3-4 months. “We have identified 20 products. At present, India’s share is low in global exports. We are working on a detailed action for all these products,” said Rajesh Agarwal, additional secretary, department of commerce, adding that the action plan will be discussed with all the stakeholders including states for further action. Fresh grapes, pomegranate, watermelon, guava, green chilly, capsicum, okra, garlic, onion, groundnut, alcoholic beverages, cashew nut, buffalo meat, jaggery, natural honey, and ghee are the other products included in the exercise as India aims to increase its share in global exports to 4-5% in the next few years from 2.5% now.
23.04 / 11:25
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Tata Consumer board approves dividend of Rs 7.75 per share
Tata Consumer Products' board of directors on Tuesday recommended a dividend payment of Rs 7.75 per share for the year ended March 31, 2024. The decision was taken in a board meeting held today to approve the company's January-March quarter earnings and the announcement was made after market hours. Tata Consumer shares today ended at Rs 1173 on the NSE, up by Rs 0.80 or 0.07% from the Monday closing price.
23.04 / 11:25
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Sensex rises! But these stocks fell 5% or more in Tuesday's session
On the BSE, Riddhi Corp. Service(down 17.32 per cent), Supershakti Metaliks(down 13.04 per cent), Clariant Chem(down 11.49 per cent), KM Sugar Mills(down 9.99 per cent) and Shree Bhavya Fabric(down 9.99 per cent) stood among the top losers in today's trade.
23.04 / 11:25
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Tata Consumer Q4 Results: Net profit falls 19% YoY to Rs 217 crore
Tata Consumer Products on Tuesday reported 19% fall in its consolidated net profit to Rs 217 crore for the quarter ended March 2024. It was Rs 269 crore in the last-year period. Revenue from operations during the reporting period rose 8% year-on-year to Rs 3,927 crore, compared with Rs 3,618 crore in the previous year quarter.
23.04 / 10:31
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BJP candidate lands in embarrassment over an eye injury complaint
Kollam, G Krishnakumar, has landed in an embarrassing situation as a local leader of the saffron party has been found responsible for the eye injury he sustained during a heated poll campaign. Krishnakumar had recently lodged a complaint with Kundara police, alleging that it was suspected to be an attack with a strong weapon by his political opponents.
23.04 / 10:29
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JSW, Reliance, TVS place bids for battery PLI sops
JSW Neo Energy, Reliance Industries, Lucas TVS, ACME Cleantech, Amara Raja, Anvi Power, and Waaree Energies have participated in auction of production linked incentives (PLI) for setting up new age battery manufacturing capacity in the country. An official statement said the companies have bid for setting up a cumulative capacity of 70 Giga Watt hours (GWh) while of sops are available only for 10 GWh. Technical bids for Rs 3,620 crore of PLI were opened on Tuesday. Bids have been received from these seven bidders under a global tender for the re-bidding of PLI for 10 GWh Advanced Chemistry Cell (ACC). The centre had approved a technology agnostic PLI Scheme under the National Programme on Advanced Chemistry Cell (ACC) Battery Storage in May 2021. The goal was to achieve manufacturing capacity of 50 GWh of ACC with a PLI outlay of Rs 18,100 crore.
23.04 / 10:28
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ACC share price up 1.9 per cent
ACC Ltd. traded 1.9 per cent up at Rs 2449.05 at around 12:17PM (IST) on Tuesday. The stock had closed at Rs 2403.25 in the previous session. Equity benchmark Sensex traded 265.83 points higher at 73914.45 around the same time.
23.04 / 10:28
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Russia warns of direct clash of N-Powers over Ukraine
Russia said on Monday that US, British and French military support for Ukraine has pushed the world to the brink of a direct clash between the world's biggest nuclear powers that could end in catastrophe. President Vladimir Putin's 2022 invasion of Ukraine has touched off the worst breakdown in relations between Russia and the West since the 1962 Cuban Missile Crisis, according to Russian and US diplomats. Russian foreign minister Sergei Lavrov said the US and NATO were obsessed with the idea of inflicting «strategic defeat» on Russia.
23.04 / 10:16
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Union minister Arjun Munda files nomination as BJP candidate
Jharkhand chief minister Arjun Munda on Tuesday filed his nomination as the BJP candidate for the Khunti Lok Sabha constituency in the state. Jharkhand Mukti Morcha MLA Joba Manjhi also filed her nomination during the day as the INDIA bloc candidate for the Singhbhum (ST) Lok Sabha seat. Jharkhand BJP president Babulal Marandi, AJSU Party chief Sudesh Mahto and other senior leaders accompanied Munda when he submitted his nomination papers to the returning officer at the Khunti district collectorate. Before filing his nomination, Munda offered prayers at a temple in Khunti.
23.04 / 10:16
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BJP expels KS Eshwarappa for 6 years after rebel leader decides to contest independently from Shivamogga
KS Eshwarappa for six years after he decided to contest independently from Shivamogga constituency. KS Eshwarappa is contesting as an independent from Shivamogga. He will fight against BY Raghvendra, son of former Chief Minister BS Yediyurappa. The party in a statement said that KS Eshwarappa has «embarrassed» the party by going to the polls as an independent candidate.
23.04 / 10:14
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No spike in rejections, we just want good students to enrol, says Australia’s High Commissioner to India
visa rejections among Indian students planning to pursue higher education in Australia. Amid reports that these rejections might be causing Indian students to reconsider their plans, Green clarified the situation, stating that the statistics do not support claims of a surge in visa rejections. According to Green, the data he reviewed indicates that the number of visa rejections this year is quite similar to the previous year, indicating no significant increase. He emphasized that, unlike some other countries, Australia has not imposed a cap on the number of foreign students entering the country. This approach aligns with Australia's commitment to attracting and welcoming international students. Do you meet the immigration criteria? Check here «There has not been a surge in rejection of students. I have looked at these statistics myself and they are very similar to this year to what they were last year,» Green told ANI. He explained that while Australia is open to foreign students, it seeks to ensure they come from reputable institutions and are well-matched with suitable courses, leading to a positive educational experience. Green acknowledged the need to maintain high standards, emphasizing that the selection process aims to benefit both the students and the Australian education system.
23.04 / 10:13
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BJP drops Ladakh MP Namgyal, names local council chief Tashi Gyalson as candidate
BJP on Tuesday named Tashi Gyalson as its candidate from Ladakh Lok Sabha seat, dropping sitting MP Jamyang Tsering Namgyal. Gyalson is the chairman-cum-chief executive councillor of Ladakh Autonomous Hill Development Council in Leh. Namgyal had hit the headlines in 2019 with his viral speech in Lok Sabha to defend the Narendra Modi government's decision to repeal Article 370 and making Ladakh as a separate Union Territory. The BJP's decision to drop Namgyal comes amid resentment towards the ruling party among a section of Buddhists in Leh.
23.04 / 10:11
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Air India enters into codeshare pact with Japan's All Nippon Airways
Air India has entered into a codeshare partnership with Japan's All Nippon Airways. With the codeshare, effective for travel from May 23, Air India and All Nippon Airways passengers can fly to their desired destination by combining those flights between India and Japan with a single ticket. Air India will add its 'AI' designator code on ANA's flights between Tokyo Haneda and Delhi as well as Tokyo Narita and Mumbai. ANA will add its 'NH' designator code on Air India's flight between Tokyo Narita and Delhi, a release said on Tuesday.
23.04 / 10:01
23.04 / 09:57
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Indian Oil Corp. shares fall 0.76% as Nifty gains
Indian Oil Corporation Ltd. slipped 0.76 per cent to Rs 169.55 in Tuesday's trade. It hit a high of Rs 173.3 and low of Rs 169.4 during the session. On the technical charts, the 200-DMA of the stock stood at Rs 123.6, while the 50-DMA was at Rs 172.49. If a stock trades above 50-DMA and 200-DMA, it usually means the immediate trend is upward. On the other hand, if the stock trades below 50-DMA and 200-DMA, it is considered a bearish trend and if trades between these averages, then it suggests the stock can go either way.
23.04 / 09:57
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L&T manufactures hydrotreating reactor for refinery in Mexico
Engineering and construction conglomerate Larsen & Toubro (L&T) on Tuesday said it has manufactured a hydrotreating reactor for the Antonio Dovali Jaime Refinery at Salina Cruz, in Mexico. The reactor has been dispatched for Mexico from the company's A M Naik Heavy Engineering Complex at Hazira in Gujarat. «Equipped with critical Cr-Mo-V metallurgy, the hydrotreating reactor is based on a technology developed by France-headquartered Axens. It has been manufactured at the Hazira Complex in a record 15 months,» it said in a statement. The reactor uses hydrotreating process, which is a catalytic conversion in petroleum refining, among others, for removing impurities such as nitrogen and sulphur compounds from hydrocarbon streams.
23.04 / 09:44
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Buy Adani Ports & Special Economic Zone, target price Rs 1590: Motilal Oswal
Adani Ports & Special Economic Zone with a target price of Rs 1590. The current market price of Adani Ports & Special Economic Zone Ltd. is Rs 1321. Adani Ports & Special Economic Zone Ltd., incorporated in the year 1998, is a Large Cap company (having a market cap of Rs 285375.96 Crore) operating in Shipping sector.
23.04 / 09:41
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The Watchers: Everything we know about trailer, plot, cast and director
The Watchers,' a suspenseful thriller from writer-director Ishana Night Shyamalan. Set against a backdrop of eerie woods, the film follows Mina (Dakota Fanning) as she grapples with a harrowing mystery that unfolds amidst a group of strangers. Plot and Trailer
23.04 / 09:40
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HSBC Bank balance can’t be taxed, says I-T tribunal
HSBC Geneva, a tax order has questioned the very approach of the Income Tax (I-T) department in going after individuals whose names figured in the infamous list of information that was stolen by an employee of the Swiss private banking arm of the British bank. In a decision that could have a bearing on other `HSBC account’ cases, a tax tribunal last week has ruled that the I-T department cannot go back 16 years to reopen old matters to tax the ‘peak balance’ lying in such bank accounts. Why? Because, according to the Mumbai bench of the Income Tax Appellate Tribunal — a quasi judicial authority — a bank balance reflects 'assets' and not ‘income’, and, under the law, only income can be taxed. Till now, in many HSBC matters, tax claims have been raised on the maximum amounts that were lying in the bank accounts — primarily because that was the only information that the I-T department had in 2010-11 when it received the data.
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