Syrma SGS profit margins dip, stock plunges 18% in Q4FY24

Syrma yrma SGS Technology witnessed a sharp decline of 17.7%, with its shares dropping to Rs 387.75 each on the BSE during Monday's intraday trading session.

Murugappa Group to invest Rs 3,000 cr in EVs, enters e-SCV segment

The The Murugappa Group, headquartered in Chennai, is preparing to enter the electric small commercial vehicle (e-SCV) market.

KARNEX launches Global R&D center in Bangalore for automotive innovation

KARNE ARNEX, a prominent player in India's automotive software sector, strategically unveils its new global development and engineering center in Bengaluru, Karnataka. This strategic move signifies a pivotal achievement in KARNEX's mission to provide state-of-the-art solutions to the automotive industry.

SINGAPORE RETAILER TO OPERATE DUTY-FREE SHOPS AT NOIDA AIRPORT

Heinemann will run duty-free stores at Noida International Airport, while BWC Forwarders will manage domestic retail and international duty-paid retail

Indian banks get greener light for growth as loan quality improves (Fitch)

Fitch Ratings, a renowned credit rating agency, has highlighted a positive trend in asset quality at Indian banks, indicating a favourable business environment and strengthening banks’ potential for growth.

Mubadala energy doubles down, discovers more gas offshore Indonesia

Mubadala Energy, the renowned international energy company headquartered in Abu Dhabi and the operator of the South Andaman Gross Split PSC, has unveiled another significant gas discovery from the Tangkulo-1 Exploration well, located in South Andaman, approximately 65 kilometers offshore North Sumatra, Indonesia.

Strong demand boosts emirates group to AED18_7 billion profit

The Emirates Group has unveiled its 2023-24 Annual Report, showcasing remarkable achievements in profit, revenue, and cash balance levels, setting new records for the company.

VANTAGE MARKETS & CRISTINA GUTIERREZ HONOR MOMS

Gutierrez’s exceptional success in motorsport is rooted in her deep connection to her mother’s guidance, which she gratefully acknowledges as the foundation of her journey

India’s PE-VC market sees mixed results in challenging year

In 2023, Indian private equity and venture capital funding experienced a significant downturn, with deals decreasing by 35 percent from USD 62 billion in 2022 to USD 39 billion in 2023.

Paytm makes Easy Everyday Payments with UPI Lite Up to Rs 4,000, No PIN)

In a strategic move aimed at enhancing user expeLrience and streamlining everyday payments, One97 Communications Limited, the parent company of the renowned fintech giant Paytm, has unveiled its latest offering:

INDIA INKS 10-YEAR FEAL WITH IRAN TO MANAGE CHABAHAR PORT

India nears landmark deal with Iran to manage Chabahar Port, enhancing regional connectivity and strategic influence

Air India Express Rebuilding Flights, Stabilizing Network

An official stated on Sunday that Air India Express is gradually resuming its flights and stabilizing its network, while the cabin crew union underscored that all members who were previously absent due to illness have returned to work.

Gold ETFs: First Outflow Since March 2023, Rs 396 Cr On Profit Booking

Gold Exchange Traded Fund (ETF) witness Grund a net outflow of Rs 396 crore last month, making it the first withdrawal after March 2023, owing to profit booking.

India To Surpass Japan As 4th Largest Economy By 2025: Amitabh Kant

Amitabh Kant, India's G20 Asherpa and former CEO of Niti Aayog, highlighted several positive macroeconomic indicators and forecasted that India is poised to surpass Japan and become the world's fourthlargest economy by 2025.

US Rate Cuts: Core Inflation Cooling Offers Limited Relief For Fed

Underlying US inflation probably moderated in April for the first time in six months, offering a ray of hope that price pressures will start to ease again after a string of upside surprises.

Pre-rain audit of all buildings in Ulhasnagar

The Ulhasnagar Municipal Corporation (UMC) authorities have started a survey of dangerous and dilapidated buildings before monsoon season to avoid any incident which could claim people's lives.

Police bans gatherings within 100 metres from polling stations on May 20

Mumbai Police has issued guidelines restricting assembly of people within 100 metres from polling stations for all six Lok Sabha constituencies which will vote in the fifth phase of Lok Sabha elections 2024 on May 20.

JITENDRA RATHI NAMED NATIONAL WORKING PRESIDENT OF INDIAN WRESTLING FEDERATION

The responsibility of the new National Working President of the Indian Style Wrestling Federation has been handed over to JitendraRathi, son of the former President of the Federation, the late Nafe Singh Rathi.

CALCUTTA HIGH COURT: AO CANNOT DRAW AN ADVERSE INFERENCE FOR MERE NON-RESPONSE FROM DIRECTORS TO NOTICES

The Calcutta High Court in the case Principal Commissioner of Income Tax Vs Atlantic Dealers Pvt. Ltd was deciding as to whether the addition made under Section 68 of the Income Tax Act, 1961, was justified or not.

DELHI HIGH COURT REGISTERS SUO MOTO CASE: TRIAL COURT DISCHARGES TWO MEN ACCUSED OF SORTING CHILD PORNOGRAPHIC MATERIAL

The Delhi High Court in the case Tulir Charitable Trust v.

DELHI HIGH COURT: ISSUE OF LIMITATION IN SECTION 11 PETITION SHOULD BE DEFERRED TO ARBITRAL TRIBUNAL, COURT MAY ADDRESS ONLY IN SPECIFIC CIRCUMSTANCES | ARBITRATION ACT

The Delhi High. Court in the case M/S Kimaya Buildtech Llp Vs K. C. Software Pvt. Ltd & Ors. observed and has held that the court may address the issue of limitation during a petition under Section 11 of the Arbitration and Conciliation Act, 1996, but only under specific circumstances.

Japan's Teleworking shrinks, Hybrid work surges: Govt. survey

With With the gradual decline of the COVID-19 pandemic, Japan is observing a significant change in work dynamics, as more people adopt a \"hybrid work\" approach, blending remote and inoffice work.

ISRAEL SECURES EMERGENCY WHEAT SUPPLY: SIGNS PACT WITH ROMANIA

In a bid to fortify Israeli food security, Minister of Agriculture, Avi Dichter, signed a memorandum of understanding with Romanian officials

HDFC LAGS AS THE MCAP OF 6 OF THE TOP 10 MOST VALUABLE COMPANIES DROPS BY RS 1.73 TRN

The combined market valuation of six of the top-10 most valued firms eroded by Rs 1,73,097.59 crore last week

SAIL-Bhilai to establish Chhattisgarh’s first 15-MW floating solar plant

The Bhilai Steel Plant (BSP), a Chhattisgarhbased unit of the state-owned Steel Authority of India Limited SAIL), is set to inaugurate the state’s inaugural 15-megawatt MW) floating solar project at its Maroda-1 reservoir to enhance its environmental sustainability.

Retail growth in India fueled by Tier 2 cities as key drivers

Ke Frank India, a property consultancy firm, reveals that India’s Tier 2 cities, notably Lucknow, are asserting themselves as pivotal players in the nation’s retail landscape, claiming an impressive 18.4% share of gross leasable area.

KEJRIWAL UNVEILS GUARANTEE’ FOR LS POLLS: AAP’S PLEDGE FOR CHANGE

On KejriwalkiGuarantee”, hesaid24X7 power supply, good education and health facilities, and arranging two crore jobs for youths every year are part of it

State-owned retailers IOC, BPCL, HPCL record Rs 81,000 er profit in FY24

State-owned fuel retailers Indian Oil Corporation, Bharat Petroleum Corporation Ltd, and Hindustan Petroleum Corporation Ltd collectively recorded robust profits amounting to approximately Rs 81,000 crore in FY24.

March records 449 Infra projects with Rs 5.01 trillion cost overrun: MoSPI

An official report revealed that in March 2024, a total of 449 infrastructure projects, each requiring an investment of Rs 150 crore or more, experienced a cost overrun exceeding Rs 5.01 trillion.

MODI GOVT AIMS TO REVIVE 14 CLOSED SUGAR MILLS: BIHAR DEPUTY CM

Bihar Deputy Chief Minister Samrat Choudhary on Sunday said that the Modi government was working to restart 14 sugar mills that were closed in the past