The Khadi and Village Industries Commission (KVIC) has achieved a milestone, with its turnover crossing 1.70 lakh crore for the first time in independent India’s history, according to the Ministry of Micro, Small and Medium Enterprises. KVIC Chairman Manoj Kumar shared provisional figures for the financial year 2024–25, marking record growth across production, sales, and…
NEW DELHI: Google has reached a settlement with the Competition Commission of India (CCI) in a case involving alleged unfair business practices in the Android TV segment. As part of the settlement, Google has agreed to pay Rs 20.24 crore to the regulator, according to news agency PTI. This marks the first case to be…
The combined market capitalisation of India’s ten most valued companies soared by Rs 3,84,004.73 crore last week, driven by a strong rebound in equities, with HDFC Bank and Bharti Airtel emerging as the top gainers.The BSE benchmark Sensex rallied 3,395.94 points or 4.51 per cent, while the NSE Nifty surged 1,023.1 points or 4.48 per…
Sanjiv Goenka memes break the internet (Screengrab) NEW DELHI: Rishabh Pant‘s return to competitive cricket in IPL 2025 was expected to be a triumphant chapter in his comeback story, but things haven’t quite clicked for the Lucknow Super Giants (LSG) skipper. On Saturday evening, his struggles continued as he managed just 3 runs off 9…
ICICI Bank on Saturday announced a 15.7% year-on-year increase in its consolidated net profit for the January–March quarter, reaching Rs 13,502 crore.On a standalone basis, the private sector lender’s net profit rose by 18% to Rs 12,630 crore, compared to Rs 10,708 crore in the same quarter last year.The bank’s core net interest income (NII)…
Private sector lender Yes Bankon Saturday reported a 63.3% year-on-year (YoY) increase in standalone net profit to Rs 738 crore for the March quarter. Net interest income (NII) also rose by 5.7% YoY to Rs 2,276.3 crore.Both net profit and NII exceeded Street estimates.During the quarter, the bank’s interest income grew by 2.3% YoY to…
Representative image (Picture credit: ANI) India’s central bank saw a sharp jump in the value of its gold reserves during the week ending April 11, driven by a global rally in gold prices amid heightened geopolitical and economic uncertainty.According to data released by the Reserve Bank of India (RBI) on Friday, the value of its…
Indian markets wrapped up the trading week on a high note, with benchmark indices BSE Sensex and Nifty50 registering gains of over 6 per cent in the last four sessions.This spike was fueled by a combination of returning foreign investment, eased inflation, and hopes for a favourable monsoon season that helped lift investor confidence.The BSE…
Diversified conglomerate ITC Ltd on Thursday announced that it will acquire Sresta Natural Bioproducts Pvt Ltd (SNBPL), the company behind the 24 Mantra Organic brand, for Rs 472.50 crore, in a move to strengthen its presence in the high-growth organic packaged foods space.According to a regulatory filing, ITC has signed a share purchase agreement to…
Infosys, India’s second-largest IT services firm, on Thursday reported a 11.7 per cent year-on-year drop in consolidated net profit for the March quarter, which stood at Rs 7,033 crore.In the corresponding period last year, the company had posted a profit of Rs 7,969 crore.Despite the decline in quarterly profit, Infosys surpassed its full-year revenue guidance….