it

BSNL on higher gear with seven new services, including spam blocking solution

Sporting a brand new logo, BSNL also introduced low latency 5G connectivity for mining operations in partnership with the Centre for Development of Advanced Computing




it

Bajaj Finserv Q2 net profit grows 8% to ₹2,087 crore

Consolidated total income of the company for the period grew 30% to ₹33,704 crore as compared with ₹26,023 crore a year ago




it

Disney Hotstar head Sajith Sivanandan quits after India merger with Reliance: Report

The leadership has yet to decide if JioCinema will continue as a separate app, said two of the sources, who all spoke on condition of anonymity, as the discussions are private




it

Zomato, Swiggy hike platform fee in certain cities amid festive season




it

Cabinet approves ₹1,000-crore venture capital fund for space tech firms

The fund will be professionally run and will select approximately 40 firms on the basis of commercialization potential, Union Minister Ashwini Vaishnaw said




it

JSW Steel Q2 net profit falls more than 85% to ₹404 crore; output grows 7% to 6.77 MT

“The total income decreased to ₹39,837 crore in the second quarter of the current fiscal as against ₹44,821 crore a year ago,” JSW Steel said in a regulatory filing




it

ICICI Bank Q2 profit rises 14.5% to ₹11,746 crore




it

Yes Bank standalone net profit doubles to ₹553 crore in Q2FY25

During the quarter, CRISIL and Care upgraded the bank’s Basel III Tier 2 infrastructure bonds rating to A+ from A, the company said in its statement.




it

FSSAI is now more pro-active, industry-centred with fast responses: Nestle

Narayanan also lauded the efforts of the different leadership of FSSAI in the last ten years at different stages for the setting of NABL-accreditated laboratories across the country




it

Bvlgari starts digital boutique in India in tie up with Tata CLiQ Luxury

The digital boutique will also house Bvlgari time-pieces including the Serpenti, the Octo Finissimo collection, as well as the Octo Roma.




it

Ambuja Cements Q2 net profit falls 42% to ₹456 crore

The company’s revenue from operations for the quarter ending September 30, 2024 grew marginally to ₹7,516 crore as compared with ₹7,424 crore in the same period last year




it

IOC Q2 net profit slumps 98% on fall in refining, fuel margin

IOC and other state-owned fuel retailers — HPCL and BPCL — had last year made extraordinary gains from holding petrol and diesel prices despite a drop in cost.




it

India’s IT services market grew 6.1% in 2023, reaching a size of $14.5 bn: International Data Corporation

While IT investments showed a slower recovery compared to the previous year, digital transformation (DX) initiatives and IT environments would continue to drive market growth




it

IT Minister Nara Lokesh calls on Microsoft CEO Satya Nadella, other tech CEOs in U.S.

IT Minister Nara Lokesh, during his interactions with tech CEOs in the U.S., projected the State Government’s vision of Andhra Pradesh becoming a technology hub




it

Maruti Suzuki Q2 net profit falls 17% to ₹3,069 crore

Maruti Suzuki India Ltd. reports 17% drop in net profit due to tax changes, plans amalgamation with subsidiary




it

Sensex, Nifty rise on buying in bank stocks, positive global cues

Equity indices Sensex and Nifty rise on fag-end buying, global market trends, and institutional investors’ support




it

Castrol India names Kedar Lele as its new MD

Castrol India appoints Kedar Lele as new Managing Director, bringing vast experience from Hindustan Unilever to drive growth




it

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




it

Sensex, Nifty decline in early trade on unabated foreign fund outflows, selling in IT stocks

The Sensex and Nifty fall due to IT stocks and foreign fund outflows; Larsen & Toubro gains, U.S. markets close negative




it

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




it

Mahindra October auto sales up 20% YoY to 96,648 units; SUV sales up 25%

Including exports, the total SUV sales were 55,571 units. The domestic sales for Commercial Vehicles stood at 28812 units




it

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

The company exported 8,688 motorcycles during the month




it

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




it

Lower sales realisation hit margins of cement makers in Q2

Industry observers said the increase in sales volume of UltraTech and Ambuja Cements is mainly due to the several acquisitions by both companies that consolidated their position further in the industry




it

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




it

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




it

Automobile retail sales witness 64% growth in October: FADA

The convergence of major festivals (Navratri & Diwali) in October significantly boosted consumer demand, FADA said.




it

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).




it

TCS signs multi year deal with Air France-KLM to modernise the airline group’s data

Over the next three years, TCS will modernise the airline group’s data by moving it to cloud, promoting the next generation of data-driven aviation. 




it

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)




it

Fintech Progcap to digitise supply chains of MSMEs to make them part of formal economy




it

Trent Ltd Q2 net profit surges 44% to ₹339 crore

Consumer sentiment has remained relatively muted says Chairman Noel N Tata




it

In a win for Elon Musk, Scindia says no to spectrum auction pitch from Ambani, Mittal

Elon Musk's Starlink and global peers like Amazon's Project Kuiper back an administrative allocation of spectrum for satellite broadband




it

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.




it

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.




it

Tea industry calls for scientific quality grading of tea

During the 141 th AGM of Indian Tea Association, the stakeholders of tea industry highlighted the challenges faced by the industry which included the “unsustainable increase in costs” amidst “unremunerative prices” with “adverse weather conditions across Assam and Bengal” further aggravating the situation. 




it

Ratan Tata’s absence deeply felt across the world, writes PM Narendra Modi

He wore his achievements lightly, with humility and kindness.




it

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




it

Ambuja Cements seeks CCI nod to acquire majority stake in Orient Cement

Assuming full acceptance of open offer, the stake of Ambuja Cements will stand at 72.8%, said a notice filed with the CCI on Friday




it

Air India-Vistara merger complete; integrated entity to operate over 5,600 weekly flights

With the merger, Singapore Airlines will have a 25.1% stake in the enlarged Air India. Vistara was a joint venture between Tatas and Singapore Airlines.




it

Industrial output returns to positive trajectory in September

The Index of Industrial Production inched up 0.7% from August levels to touch 146.7, but this was still the second weakest output level since December 2023.




it

BCCI tells NCLT that it will move application for withdrawal of insolvency plea against Byju’s

Last month, Supreme Court had set aside a judgement of the National Company Law Appellate Tribunal (NCLAT) allowing a ₹158 crore settlement between ed-tech firm Byju’s with the BCCI.




it

Check backdoor appointments to govt. vacancies: Chennithala




it

Digital University Kerala presents report on digital transformation study of judicial systems to Kerala High Court

DUK Vice-Chancellor emphasises the report’s focus on harnessing cutting-edge technology to streamline the judicial process, reduce case pendency and optimise case management workflows.




it

Palakkad Assembly by-poll: CPI(M)-BJP move to exploit ‘dissension’ in Congress over Mamkootathil’s candidature

The parties spotlight a letter ostensibly written by the District Congress Committee to the party’s national leadership requesting K. Muraleedharan’s candidature in Palakkad. Mr. Muraleedharan later confirms that his name was on the DCC list.




it

Digital creator Gokul Raj’s takes on everyday life appeal to all ages with relatable Kerala sketches

The former radio and television jockey usually does a solo act that looks at the funny side of domestic life



  • Life & Style

it

Closure of Alappuzha weather observatory to leave a hole in forecasting capabilities of IMD on coastal stretch

IMD has temporarily closed down the observatory, which started functioning in 1931, in the wake of an eviction notice issued by Port department




it

Kerala digital varsity’s Centre for Digital Transformation in Culture to get a website




it

NoRKA warns public to be vigilant against fake recruitment ads




it

LDF seeks to exploit disclosure against BJP leadership in Kodakara hawala case

Chief Minister asks State police to explore legal options for reinvestigation. Government has resolved to flag alleged laxity on the part of ED, I-T department in pursuing case with Centre