i

Public sector banks’ net profit surged 26% in April-Sept period

Public sector banks in India see 26% growth in net profit, reflecting financial health and technological advancements



  • Money & Banking

i

Excess rains spurs use of more herbicides this kharif cropping season

Agrochemical makers have seen sales of herbicides going up this kharif season, even though the offtake in other categories such as insecticides and fungicides were muted




i

GlobalLogic to hire 1400 in 3 years

Opens delivery centre in Hyderabad




i

Air quality during Diwali worse in North India compared to South India

Delhi’s average AQI rose from 295 (Oct 24-Oct 30) to 353 (Oct 31-Nov 6), Jaipur went from 196 to 243, and Patna jumped from 126 to 232




i

Hyundai profits slip in Q2 & H1 on weak domestic demand, geopolitical tensions

Net profit skids 15.5 per cent to ₹1,375.5 crore in the September quarter; domestic sales drop 5.8% to 149,639 units in the quarter under review




i

Surge in AI-based attacks a concern: Sophos report

‘Only 39 per cent of companies in the country feel prepared to withstand a prolonged ransomware attack’




i

Cox & Kings to return to biz, five years after insolvency 

Cox & Kings, which was among the largest players in tours and meeting and incentive segment, suspended operations following a cash crunch in October 2019.




i

Samara Capital scouts for ₹1,500-crore investment opportunity

The private equity company has closed three deals in the last few months




i

Finance Commission Conclave to map effective devolution of fiscal powers to local bodies

Organised by Panchayati Raj Ministry, the Conclave attempts to bring together key stakeholders like the Central & State Finance Commission for the development of ‘grameen bharat’




i

Govt working to improve R&D in drone sector for Indian IP creation: Rajnath Singh

The Centre is committed to creating an ‘Adaptive Defence’ in the country to counter challenges posed by the fast-changing world, says Defence Minister




i

Jefferies cuts FY25 earnings estimates for 63% of 121 firms

Jefferies projects Nifty 50 companies’ earnings will grow by only 10 per cent in FY25




i

Hindustan Coca-Cola Beverages net profit soars in FY24, revenues up 10 per cent

As part of this strategy, it divested company-owned bottling operations to independent bottlers in Rajasthan, Bihar, parts of West Bengal and North East during FY24




i

‘Slowdown in earnings growth pulling down markets’

Fundamentals of economy still remains strong: Mukherjea




i

Swiggy’s IPO to deliver ₹9,000 crore in employee wealth for 5,000 employees

Nearly 5,000 current and former employees are set to benefit, with around 500 Swiggy employees to enter the ‘crore-pati’ club when the firm makes its stock market debut, according to sources




i

CuraTeQ Biologics’ Hydrogen plant gets GMP certificate from EMA

The GMP inspection, conducted by EMA representatives from April 8-12, 2024, assessed mammalian and microbial drug substance manufacturing facility sections




i

HCLTech appoints Arjun A Sethi as Chief Growth Officer for strategic segments

Sethi’s international experience spans the Americas, Middle East, and APAC across government and PE, and financial services




i

Maize research body seeks funding to undertake research on managing aflatoxin in DDGS

IIMR says various technologies can be used to reduce the aflatoxin




i

Jai Balaji Industries’ net profit down 24%, shares to split 1:5

The Board approved splitting of each equity share of face value of Rs 10 each into 5 equity shares of face value of Rs 2 each




i

Shocker to economy: Costlier veggies drive Oct inflation to 14-month high

 Base effect to blame too; vegetable inflation to ease on kharif arrivals




i

3M India reports 8% dip in Q2 profit at ₹134 crore, hit by rising costs

Company’s revenue experienced a 7 per cent increase to ₹1,111 crore




i

AT&C loss widens: Centre suggests States to calculate technical & commercial losses separately

The total outstanding debt of Discoms is currently around ₹6.84 lakh crore. Accumulated losses stand at ₹6.46 lakh crore.




i

India among global top-10 for all 3 major IP rights

India ranked fourth globally in trademark filings, with a 6.1 per cent increase in 2023




i

Internships’ efficacy

Push industry-academia ties, rural reach, soft skills




i

Eveready Industries consolidated profit jumps 16% for Q2FY25

The company’s revenue remained flat at Rs ₹362.61 crore for the quarter under review as against Rs ₹364.89 crore for the corresponding period last fiscal, according to a stock exchange filing




i

FSSAI cautions quick commerce, e-commerce platforms on violations of expiry date regulations, misleading claims

Minimum shelf life regulations of at least 45 days must be enforced: FSSAI to platforms




i

Constitutional clarity on property rights

The recent Supreme Court ruling, strengthening individual property rights and limiting arbitrary State acquisition, is progressive




i

Russia committed on signing free trade pact between India and EAEU, says Manturov

Jaishankar, Manturov direct working groups to work towards enhancing market access to meet $100 bn trade target by 2030




i

Do MSPs cover cost of production?

Crop costs. They do not seem to factor in climate risk, input costs and factor costs adequately




i

Merger regulation ushers in a regime of fairplay

It will promote ease of doing business, while at the same time safeguarding consumer welfare




i

BSE net zooms to ₹346 cr in Q2

Income more than doubled to Rs ₹819 crore from ₹367 crore




i

NFRA Board approves revamp proposals on 40 auditing standards

Also approves revised SA600 despite ICAI concerns; NFRA also okays revised auditing standard on ‘Joint Audits’




i

Letters to the Editor dated November 12, 2024




i

Editorial: Insider trading curbs on all material events is unnecessary

They will impose a significant compliance burden on companies




i

Repco Home Finance’s Q2 net up 15% at ₹113 crore

Net interest income saw a slight increase to ₹176 crore compared to ₹173 crore in the previous year



  • Money & Banking

i

We are the only brand in India, with zero stock at dealers: Mercedes-Benz India CEO

Mercedes-Benz India is targeting double-digit growth in India by the end of the year, says Santosh Iyer, CEO of the automobile giant




i

Take recovery from ‘avoidance transactions’ seriously, IBBI tells creditors. 

Recovery for creditors could go up at least 10 per cent on such approach, says IBBI Chief Mital; Till Sep 2024, total clawback on avoidance transactions applications stood at ₹7,516 crore




i

National Insurance Company’s Q2 net profit jumps 80%

The India’s oldest general insurance company said that health insurance continued to be the major premium earner comprising about 45 per cent of the total product portfolio



  • Money & Banking

i

Day trading guide for November 13, 2024: Intraday supports, resistances for Nifty50 stocks

Here are the intraday supports and resistances for widely traded stocks such as Reliance Industries, ITC, ONGC, Infosys, HDFC Bank, TCS, and SBI



  • Day trading guide

i

Today’s Stock Recommendation: November 13, 2024

The stock idea that we have for you today is Apollo Tyres.




i

Razorpay launches venture investment program to support early-stage B2B startups

Aimed at startups, the program will offer tech integration, market access, and personalized mentorship




i

Mobile display assembly with or without support to attract basic custom duty of 10 per cent: CBIC

The Directorate of Revenue Intelligence recently booked Vivo and Oppo for mis-declaration of certain items




i

Apple’s new iPhone 14 to show India closing tech gap with China

Tech giant is seeking alternatives as Xi Jinping’s administration clashes with the US and imposes lockdowns across the country




i

Will Reliance Jio’s affordable 5G smartphone disrupt the handset market?

5G enabled smartphones are presently priced above ₹15,000 and only 20 per cent of smartphones sold in India are 5G enabled




i

Nokia launches eco-friendly smartphones, subscription service Circular

Nokia also introduced three smartphones and a tablet



  • Mobiles & Tablets

i

Google to launch Pixel Watch, Pixel 7 on Oct 6

Google offered a sneak peek of the Pixel 7 smartphones and Pixel Watch during its I/O event in May



  • Mobiles & Tablets

i

Apple maintains prices on new iPhones despite inflation

New iPhone14 models to boast better cameras, faster processors and a longer lasting battery




i

Lenovo Tab P12 Pro Review: Work in ‘Pro’gress

A tablet with noteworthy specs, but not without its share of imperfections




i

Apple may move a quarter of iPhone production to India by 2025: JP Morgan

25 per cent of all Apple products, including Mac, iPad, Apple Watch and AirPods, to be manufactured outside China by 2025



  • Mobiles & Tablets

i

Apple drops plan to raise iPhone output on faltering demand

Demand for Apple’s higher-priced iPhone 14 Pro models is stronger than for entry-level versions: Sources



  • Mobiles & Tablets

i

Apple iPhone exports from India double in boon to PM’s plan

India-made iPhone exports are set to reach $2.5 billion in the 12 months through March 2023, as against $1.3 billion worth exported in the year through March 2022



  • Mobiles & Tablets