1

Dabur Q2 profit down 17.6% to ₹417.5 cr impacted by inflation, squeeze in urban demand

The company had posted a net profit of ₹507.04 crore in the July-September quarter a year ago, Dabur India said in a regulatory filing




1

HDFC Bank unit HDB Financial Services files with SEBI for ₹12,500 crore IPO

The Public Offer Includes a reservation of Equity Shares for subscription by Eligible Employees and a reservation Equity Shares of Face Value of ₹10 each for subscription by eligible HDFC Bank shareholders




1

Royal Enfield October sales up 31% to 1,10,574 units

The company exported 8,688 motorcycles during the month




1

High-value debt listed entities: SEBI proposes doubling threshold to ₹1,000 crore

Further, SEBI has proposed tweaking framework for ESG Rating Providers, particularly for those using a subscriber-pays model




1

Government infuses ₹1,650 crore in Rashtriya Ispat Nigam Limited

“SBICAPS, a wholly-owned subsidiary of the State Bank of India, is preparing a report on the sustainability of RINL,” a press note said




1

India becoming part of global drug development operation of BMS: Samit Hirawat 

Samit Hirawat discussed India’s growing significance as a site for clinical trials, innovations in drug development, and how technology is poised to help bring new products to market faster




1

L&T, E2E Network form alliance for deployment of Gen AI solutions in India

“The partnership is a significant step towards adoption of GenAI solutions in India to foster a fundamental shift in the way Accelerated Computing on Cloud is used by Indian organisations,” the companies said




1

Noel Tata appointed to Tata Sons board 

The move follows Noel Tata's appointment last month as the chairman of the powerful and influential philanthropic arm of the Tata group, called Tata Trusts




1

Macrotech Developers to acquire Bain Capital’s stake in three digital infra platform entities for ₹307 crore 

The entities include Bellissimo Digital Infrastructure Development Management Pvt. Ltd., Palava Induslogic 4 Pvt. Ltd., and Bellissimo In City FC Mumbai 1 Pvt. Ltd., facilitated through Securities Purchase Agreements (SPAs).




1

Israel signs deal to acquire 25 F-15 fighter jets from Boeing Co

Delivery of the F-15 aircraft will begin in 2031, with 4-6 aircraft to be supplied annually




1

Mahindra & Mahindra Q2 net profit rises 35% to ₹3,171 crore

The company, consolidated revenue for the period grew 10% to ₹37,924 crore Year on Year (YoY)




1

SBI Q2 net profit jumps 23% to ₹19,782 cr

The consolidated net profit for the corresponding period last year stood at ₹16,099 crore.




1

Tata Motors Q2 consolidated net profit declines 11% to ₹3,343 crore

The company had posted a consolidated net profit of ₹3,832 crore in the same quarter of the last fiscal, Tata Motors said in a regulatory filing.




1

Singapore Airlines to invest additional ₹3,195 crore in Air India post-Vistara merger

Full-service carrier Vistara, which started flying on January 9, 2015, is a joint venture between Tatas and Singapore Airlines, where the latter holds a 49% shareholding




1

LTTS to acquire California firm Intelliswift for an aggregate consideration of $110 million

As per the filing, Intelliswift services four of the top five hyperscalers and caters to over 25 Fortune 500 companies including five of the top 10 ER&D spenders in Software and Technology




1

Aurobindo arm CuraTeQ Biologics gets GMP certificate from EMA 

The GMP inspection, conducted by EMA representatives, assessed mammalian and microbial drug substance manufacturing facility sections, prefilled syringes and vials filling, packaging and QC testing and release laboratories.




1

Centre greenlights ₹177-crore Muthalapozhi harbour development

Six villages chosen for climate resilient scheme, and five fishing harbours in line for modernisation project




1

Water supply to 11 wards in Thiruvananthapuram to be disrupted till 10 a.m. on November 3




1

Vizhinjam poised to clock half a million cargo throughput this FY, eight times higher than targeted volume

While the initial projection for Phase I was 1 to 1.5 million cargo units per annum, the seaport has already handled 1.08 lakh cargo units – just three months into the trial run period




1

Livelihood support for 187 extremely poor under Ujjeevanam in capital district

Aid up to ₹50,000 made available to 207 individuals by Kudumbashree district mission




1

‘Few investors hold equity MFs for 10-15 years’

Investors can benefit from systematic investments to get best returns




1

What do commodity traders plan to bet on in 2018?

Market players, both old and new, share their hopes and fears with Portfolio




1

J&K Terror Attacks: Data Show Terrorists Get Edge In Jammu; 13 Militants Among 44 Killed, 8 Of 10 Districts Hit

As per official data, Doda, Kathua and Reasi districts recorded nine killings each this year followed by Kishtwar (five), Udhampur (four), Jammu and Rajouri (three each), and Poonch (two).




1

Jharkhand Polls: As Phase-1 Campaigning Ends, Amit Shah Pitches 'Committee' Against Infiltrators, Legislation To Ban Land Transfer

Jharkhand Vidhansabha Chunav: Amit Shah said that legislation will be brought to prevent the transfer of land to infiltrators on their marrying tribal women. 




1

Jharkhand Phase-1 Roundup: Curtains Come Down On Campaigning For 43 Of 81 Assembly Seats

A total of 1.37 crore voters out of the total 2,60 crore are eligible to participate in the voting on November 13. 




1

168 House Democrats ask Trump to rescind Bannon’s appointment

"We strongly urge you to rescind this appointment immediately and build a diverse White House staff who are committed to the core American values of inclusiveness, diversity and tolerance," the letter delivered to the Trump said.




1

Tintin drawing sells for record 1.55 mn euros in Paris

Artcurial’s comics expert Eric Leroy described the "Explorers on the Moon" as "a key moment in the history of comic book art... it has become mythic for many lovers and collectors of comic strips.




1

15 missing in Indonesia boat accident

After a speedboat collided with a Vietnamese cargo vessel




1

Data | Low-income countries have received only 0.27% of the COVID-19 vaccine doses administered so far

Due to wide disparity in vaccine supply, of the 52 countries in Africa, 38 have given at least one dose to <5% of population




1

COVID-19 triples across Europe on past six weeks; hospitalisations double: World Health Organisation

WHO's Europe director Dr. Hans Kluge described COVID-19 as “a nasty and potentially deadly illness” that people should not underestimate.




1

Data Point | Understanding the goals and vision of COP27 

The Data Point is a bi-weekly newsletter in which The Hindu’s Data team decodes the numbers behind today’s biggest stories.  




1

Wholesale price rise at 4-month low of 1.3% in August

Vegetable prices down 10% from last August, but pulses, fruits, potatoes and onions remain in high inflation zone




1

Post-1991, southern States emerged as leaders: EAC-PM

Punjab and West Bengal have recorded sharp declines in per capita income after a head start




1

Rupee falls 11 paise to close at 83.65 against U.S. dollar

According to exchange data, FIIs were net buyers in the capital markets as they purchased shares worth ₹404.42 crore on September 23




1

Government retains borrowing target, to raise ₹6.61 lakh crore in H2 to fund revenue gap

The gross market borrowing of ₹6.61 lakh crore shall be completed through 21 weekly auctions.




1

GST Council sets up GoM on compensation cess; panel to submit report by December 31

In the GST regime, compensation cess at varied rates is levied on luxury, sin and demerit goods over and above the 28% tax




1

FPIs inflow hit 9-month high of ₹57,359 cr in equities in September; surpasses ₹1 lakh cr mark

In the debt markets, FPIs infused ₹8,543 crore through the Voluntary Retention Route (VRR) and ₹22,023 crore via the Fully Accessible Route (FRR) in September




1

Mcap of 8 of top-10 most valued firms surges ₹1.21 lakh crore; Reliance biggest winner

The market valuation of Reliance Industries jumped ₹53,652.92 crore to ₹20,65,197.60 crore




1

India’s current account deficit in Q1 FY25 widens to $9.7 billion

The current account surplus for Q4:2023-24 was revised downwards to $ 4.6 billion from US$ 5.7 billion earlier due to an upward adjustment of customs data on merchandise imports, the RBI said.




1

RBI Monetary Policy Committee meeting: policy rate unchanged at 6.5% for 10th time in a row

‘RBI changes stance of monetary policy to ‘neutral’ from withdrawal of accomodation,’ says Shaktikanta Das.




1

India’s forex kitty drops by $3.71 billion to $701.176 billion

In the previous reporting week, the reserves had jumped by $12.588 billion to an all-time high of $704.885 billion.




1

Net direct tax collection grows 18% to ₹11.25 lakh cr

The income tax department had collected ₹9.51 lakh crore during the same period a year ago.




1

Indian conglomerates to spend $800 billion in new projects in 10 years: S&P Global Ratings’ report 

“The Vedanta, Tata, Adani, Reliance and JSW groups alone are prepping about $350 billion of investment in these sectors over the next decade,” Neel Gopalakrishnan of S&P Global Ratings said




1

Market capitalisation of four of top-10 valued firms jumps ₹81,151 crore; ICICI, HDFC Bank biggest gainers

Reliance Industries continued to remain the most-valued domestic firm, followed by TCS, HDFC Bank, Bharti Airtel




1

Core sector output at 10-month low in September, deepening growth anxieties

Steel, power, oil and gas output growth slows, though cement output grows faster; economists say industrial production growth likely slowed in September, and may drag down annual growth projections




1

Rupee may depreciate 8-10% during Trump 2.0, says SBI report

Forex traders said the rupee is likely to remain under pressure unless there is a softening in the dollar index or a slowdown in foreign fund outflows




1

Net direct tax collection grows 15.41% to ₹12.11 lakh crore till Nov 10

Refunds worth ₹2.92 lakh crore was issued during the period, a 53% jump over year-ago period.




1

At nearly 5-year high, 42.2% vegetable price rise propelled October retail inflation past 6.2% 

“High food inflation in October, 2024 is mainly due to increase in inflation of vegetables, fruits and oils and fats,” the National Statistical Office said




1

On the Draw — December 1, 2023




1

On the Draw — December 11,2023