Adani Total Gas clocks 7 pc jump in net profit at Rs 186 crore in Q2, revenue up 12 pc

Ahmedabad (IANS) Adani Total Gas Ltd (ATGL) on Thursday reported a seven per cent increase in consolidated net profit (year-on-year) at Rs 186 crore in Q2 FY25, while operational revenue saw a 12 per cent jump, reaching Rs 1,315 crore. EBITDA rose…

Indian D2C jewellery segment garners $103 mn in funding this year, surpasses US

Bengaluru (IANS) The Indian direct-to consumer (D2C) jewellery segment, with over 550 startups, has garnered $103 million in funding this year to date, according to a report on Thursday.

In 2023, the D2C jewellery segment in India raised a…

Indian insurance sector must cover vulnerable sections, tap 1 bn people by 2047: Report

New Delhi (IANS) Insurance sector in India grew at an impressive 15 per cent compound annual growth rate (CAGR) over the past two decades, with premiums reaching Rs 10.4 lakh crore in FY23, and there is immense potential for growth that remains untapped,…

Zomato clocks over 30 pc net profit loss in Q2, to raise Rs 8,500 crore via QIP

New Delhi (IANS) Online food aggregator Zomato on Tuesday reported over 30 per cent loss in net profit at Rs 176 crore (quarter-on-quarter) in the July-September period, from Rs 253 crore in the previous quarter (Q1 FY25). 

Zomato's board…

India’s growth story remains intact, real GDP likely to grow at 7.2 pc in FY25: RBI Guv

New Delhi (IANS) India’s growth story remains intact as its fundamental drivers – consumption and investment demand – are gaining momentum, the RBI Governor Shaktikanta Das has stressed, adding that the country is likely to see real GDP growth at…

Bigger homes continue to dominate buyers’ demand in India: Report

Mumbai (IANS) Bigger homes continue to dominate demand in India and in the first half this year, at least 51 per cent property preferred 3-BHKs and 39 per cent opted for 2-BHKs, a report showed on Monday. 

Premium and luxury homes demand surged…

Hyundai Motor India set to make stock market debut after record IPO

New Delhi/Seoul (IANS) The Indian subsidiary of South Korean automotive giant Hyundai Motor is set to make its stock market debut this week following a record initial public offering (IPO), according to industry officials on Monday. 

Shares…

Maldivian President decides to introduce India's UPI in Maldives

Male (IANS) Maldivian President Mohamed Muizzu has decided to take the necessary steps to introduce India's Unified Payment Interface (UPI) in the Maldives. 

The move is expected to bring significant benefits to the Maldivian economy, including…

EPFO adds 18.53 lakh members in August, new members up amid job growth

New Delhi (IANS) The Employees' Provident Fund Organisation (EPFO) on Sunday said it added 18.53 lakh net members in the month of August, a 9.07 per cent year-on-year growth compared to August 2023.  

The EPFO enrolled around 9.30 lakh…

India sees 14 pc growth in vehicle exports in H1 FY25

 New Delhi (IANS) The vehicle exports from India bounced back in the first six month of the current financial year (FY25) compared to the same period last fiscal, with more than 2.52 million automobiles shipped abroad. The auto exports stood at 25,28,248…