Business
Kotak Mahindra Bank's Q4 net profit grows 33%

Kotak Mahindra Bank's Q4 net profit grows 33%

03-05-2021  comments

Mumbai (IANS) Kotak Mahindra Bank on Monday reported a 32.8 per cent increase in its standalone net profit for the January-March quarter on a year-on-year (YoY) basis at Rs 1,682.37 crore.

During the same period of FY20, the bank had reported…

India's exports in April rise to $30.2 bn, trade deficit surges

India's exports in April rise to $30.2 bn, trade deficit surges

02-05-2021  comments

New Delhi (IANS) India's merchandise exports in April 2021 was $30.21 billion, higher by 197.03 per cent over $10.17 billion in April 2020.

Exports last month also recorded a 16.03 per cent growth over $26.04 billion in April 2019, said…

Global tablet shipments reach 40M units in Q1, Apple leads

Global tablet shipments reach 40M units in Q1, Apple leads

02-05-2021  comments

New Delhi (IANS) Tablets had an outstanding first quarter of 2021 with 55.2 per cent growth (YoY) and shipments totalling 39.9 million units, according to preliminary data from the International Data Corporation (IDC).

Apple led the tablet…

Maruti Suzuki reports sales of 159,691 units in April

Maruti Suzuki reports sales of 159,691 units in April

01-05-2021  comments

New Delhi (IANS) Automobile major Maruti Suzuki India on Saturday reported a total sales of 159,691 units in April 2021.

According to the company, total sales in the month include domestic sales of 137,151 units, sales to other OEMs at 5,303…

April GST collection sets new record, surges over Rs 1.41L cr

April GST collection sets new record, surges over Rs 1.41L cr

01-05-2021  comments

New Delhi (IANS) India's gross GST revenue collection reached a new record high of over Rs 1.41 lakh crore in April 2021, beating all expectations of lower collections in wake disruptions clauses by fresh wave of Covid-19.

Accordingly,…

Sensex down 983 points as banking stocks plunge

Sensex down 983 points as banking stocks plunge

30-04-2021  comments

Mumbai (IANS) The Indian stock market witnessed a freefall on Friday with the BSE Sensex closing nearly 1,000 points lower.

Heavy selling was witnessed in banking and finance stocks.

The decline came amid surging Covid-19 cases in the…

'Post Covid world looks promising for India's food processing industry'

'Post Covid world looks promising for India's food processing industry'

29-04-2021  comments

New Delhi (IANS) The post Covid-19 world looks promising for India's food processing industry as it recalibrates itself to capitalize on increased opportunities in the industry and ears up to capture new markets, a KPMG report on Indian food processing…

India's GDP may grow at 11% in FY22: ADB

India's GDP may grow at 11% in FY22: ADB

28-04-2021  comments

New Delhi (IANS) The Indian economy is likely to grow at 11 per cent in the current financial year, said the Asian Development Bank (ADB).

In its report, 'Asian Development Outlook (ADO) 2021', the ADB also noted that the recent surge…

Sensex up 300 points, metal stocks rise

Sensex up 300 points, metal stocks rise

27-04-2021  comments

Mumbai (IANS) The key Indian equity indices traded on a positive note on Tuesday morning with the BSE Sensex rising over 300 points.

Healthy buying was witnessed in metal and telecom stocks.

Around 10.05 a.m., Sensex was trading at 48,703.10,…

Lenskart acquihires DailyJoy, to hire over 100 in 6 months

Lenskart acquihires DailyJoy, to hire over 100 in 6 months

27-04-2021  comments

New Delhi (IANS) Eye-wear brand Lenskart on Tuesday said it has acqui-hired essential delivery startup DailyJoy along with opening a technology centre in Hyderabad that will provide employment to more than 100 people across engineering, product and…

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