Business Standard - April 25, 2024Add to Favorites

Business Standard - April 25, 2024Add to Favorites

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April 25, 2024

HUL Q4 net profit slips 1.6%; demand pickup expected

Hindustan Unilever (HUL), India's largest fast-moving consumer goods (FMCG) company, on Wednesday reported a slight dip in its consolidated net profit (attributable to the owners of the company) for the March quarter of 2023-24.

2 mins

Kotak Mahindra Bank faces RBI curbs over IT concerns

CANNOT ADD NEW CUSTOMERS ONLINE OR ISSUE FRESH CREDIT CARDS

Kotak Mahindra Bank faces RBI curbs over IT concerns

3 mins

India Inc to tap pvt credit for new projects: PwC

Private credit is fast emerging as a major source of finance for projects in India as several entrepreneurs are looking for short-term debt to bridge the funding gap due to difference in pricing for equity dilution, top officials at PwC India said.

1 min

LTI Mindtree misses revenue, profit estimates

IT services major LTIMindtree reported a net profit of ₹1,100 crore for the fourth quarter of financial year 2023-24 (FY24), down 1.2 per cent year-on-year (Y-o-Y) from ₹1,141 crore in the same quarter last financial year.

LTI Mindtree misses revenue, profit estimates

1 min

Silver price rally: HZL to enter into value-adds

Earlier this month, Hindustan Zinc (HZL) announced its rise to become the world's thirdlargest producer of silver.

1 min

SC's whip in Patanjali case a wake-up call for FMCG sector

With the Supreme Court cracking down on Patanjali over misleading advertisements, the advertisement industry is concerned.

SC's whip in Patanjali case a wake-up call for FMCG sector

2 mins

For now, Tesla to build cars at existing factories

Tesla said on Tuesday that it will use its existing factories to build new and more affordable vehicles as early as late this year.

For now, Tesla to build cars at existing factories

1 min

Loan to Vi: Banks to check repayment schedule first

Telco needs to raise about ₹25,000 crore through loans

2 mins

Centre not seeking changes in SC's spectrum auction ruling

The government has not asked the Supreme Court (SC) to amend its 2012 judgment on 2G spectrum allotment, said highly placed sources on Wednesday.

1 min

Cong's 'dangerous intentions' visible: PM

PM lying since election slipping away from BJP's grasp, says Rahul Gandhi

Cong's 'dangerous intentions' visible: PM

2 mins

BJP hopes to open Kerala account with Suresh Gopi

Draped in crisp white mundu and veshti, Prime Minister Narendra Modi landed in Guruvayur's Sreekrishna Temple in Kerala's Thrissur district in January this year.

BJP hopes to open Kerala account with Suresh Gopi

2 mins

Kerala accounts for nearly 75% registered NRI voters

Around three of every four overseas Indians, who have registered to vote, are from Kerala.

1 min

Chavan looks to bolster to BJP's Nanded prospects

It is quite unusual that both Prime Minister Narendra Modi and Union Home Minister Amit Shah hold public rallies in the same constituency.

1 min

Tumkur looks to weave a new story

In the bustling city of Tumkur in Karnataka, where the sounds of a vibrant textile industry once echoed through the streets, a sombre mood prevails in the air.

Tumkur looks to weave a new story

2 mins

Tiles cementing mkt in marble heartland

Kishangarh stone traders push for GST rate cut, incentives

Tiles cementing mkt in marble heartland

3 mins

Noida, Ghaziabad sit on opposite sides of the fence

The poll heat is rising in tandem with the daily temperature.

Noida, Ghaziabad sit on opposite sides of the fence

3 mins

AI boost, labour law clarity on IT sector's mind ahead of elections

The Indian information technology (IT) sector is expecting a stronger push towards making India a global artificial intelligence (AI) powerhouse from the government that will take office after the ongoing general elections.

AI boost, labour law clarity on IT sector's mind ahead of elections

2 mins

Rlys look to decongest junctions, chokepoints

Govt has set up a committee to work on the concept of Amrit Yard

Rlys look to decongest junctions, chokepoints

1 min

TikTok's time running out in US

Senate passes Bill forcing parent company to sell or face ban

1 min

'Need little bit more of that in US': Dimon is all praise for Modi

Jamie Dimon, the chief executive of US banking giant JPMorgan Chase, has praised Prime Minister Narendra Modi and berated the \"liberal press\" for criticising him.

1 min

Wanted: An executive to repair Boeing

When Boeing named Stephanie Pope to the new position of chief operating officer in December, the move was widely viewed as a sign that she might succeed the company's chief executive, Dave Calhoun, in the next few years.

Wanted: An executive to repair Boeing

2 mins

US clears much-awaited $95 bn aid

Biden signs the Bill into law after US Senate's nod; says 'it's a great day for world peace'

US clears much-awaited $95 bn aid

2 mins

Calcutta HC's SSC order heats up the election classroom

Political analysts believe cancelling of 25,753 appointments will have serious ramifications

Calcutta HC's SSC order heats up the election classroom

2 mins

Proxy advisory firms give TaMo DVR conversion plan the thumbs up

Move, they say, will simplify capital structure and eliminate price discount

2 mins

Financialisation of savings drives up demat a/cs in Ladakh

Mizoram & Lakshadweep also see spike in demat account registrations

Financialisation of savings drives up demat a/cs in Ladakh

2 mins

Growth businesses hold the key for Tata Consumer

Tata Consumer Products reported Q4 results which were more or less in line with analyst consensus but disappointed the market.

2 mins

Call for caution on micro, small, midcap stocks amid sharp run-up

Shares of smallcap companies continued their upward march from the March 2024 lows, with the S&P BSE Smallcap index hitting a new high of ₹46,958.21 on Wednesday in intraday trade.

2 mins

KRAS: Over 73% of KYC records are validated

Know-your-customer (KYC) registration agencies said on Wednesday that 73 per cent of the 108.3 million KYC records were validated as of March 31, 2024, and that the system was in place for the rest of the investors to validate their KYC.

1 min

FY24 credit card spends rose 27%

Increased to ₹18.26 trillion from nearly ₹14 trillion a year ago

1 min

Axis Bank back in black with ₹7,129 cr Q4 profit

NII grew 11% to ₹13,089 cr, while fee income grew by 23% to ₹5,637 cr

Axis Bank back in black with ₹7,129 cr Q4 profit

1 min

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Business Standard is India's leading business daily.
A preferred choice of serious business readers, Business Standard is acknowledged as a quality leader.

Business Standard stands for reporting that stresses accuracy and credibility, commentary that is informed, independent and fair, and journalism that is rooted in ethical conduct and defined by a sacrosanct bond with the reader. All Business Standard journalists sign on to a code of conduct that is available on the website.

Business Standard's editorial team is led by Shyamal Majumdar.

The English newspaper is published from 12 centers - New Delhi, Mumbai, Kolkata, Bengaluru, Chennai, Ahmedabad, Hyderabad, Chandigarh, Lucknow, Pune, Kochi and Bhubaneswar. It is also printed from Bhopal.

The Hindi Business Standard is published from eight centres - New Delhi, Mumbai, Kolkata, Patna, Lucknow, Bhopal, Chandigarh and Raipur.

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