Investment announcements in India reach Rs 32.01 lakh crore in 9 months this fiscal

New Delhi (IANS) The total investment announcements stood at Rs 32.01 lakh crore in the nine months this fiscal (FY25), marking a 39 per cent increase from Rs 23 lakh crore in the same period last fiscal, reflecting a positive investment outlook,…

Indian Oil’s net profit crosses Rs 2,873 crore in Oct-Dec quarter

New Delhi (IANS) Indian Oil Corporation (IOC) on Monday announced a net profit of Rs 2,873.53 crore for the October-December quarter of the current financial year, which represents a sharp recovery from the mere Rs 180 crore net profit recorded by…

EVs likely to hit 30-35 pc of annual vehicle sales in India by FY30

New Delhi (IANS) The electric vehicle (EV) revolution is in full throttle and EVs could hit 30-35 per cent of annual vehicle sales in India by FY30, though internal combustion engine (ICE) vehicles will still dominate the roads, co-existing with EVs…

India-US bilateral trade records robust growth in Dec

New Delhi (IANS) India’s trade with the USA is on the upswing with robust growth being recorded in December in the bilateral exports of the two countries despite the disruption in shipping due to geopolitical tensions. 

India’s merchandise…

Government e-Marketplace surpasses Rs 4 lakh cr GMV within 10 months this fiscal

New Delhi (IANS) Setting a new benchmark, the government e-Marketplace (GeM) has surpassed last years’ gross merchandise value (GMV) of Rs 4 lakh crore within 10 months this fiscal (FY25). 

The GeM clocked a GMV of Rs 4.09 lakh crore as on…

Yes Bank's Q3 net profit jumps 165 pc YoY to Rs 612 crore

Mumbai (IANS) Private sector lender Yes Bank on Saturday reported 165 per cent surge in net profit (year-on-year) at Rs 612.3 crore for the third quarter of FY25, from Rs 231.5 crore in the same quarter last year. 

The bank’s net interest income…

2 new IPOs to hit market next week, six listings awaited

Mumbai (IANS) Two new initial public offerings (IPOs) will open for investors next week -- one mainboard and the other an SME public issue. 

Among the upcoming public offerings, Dr Agarwal's Healthcare will launch its IPO in the mainline…

India records 39 per cent surge in investments to Rs 32 lakh crore in 9 months of FY 25

New Delhi (IANS) India has recorded a robust 39 per cent surge to Rs 32 lakh crore in domestic investments announced by public and private sector companies during the first nine months (April-Dec) of the current financial year (FY25), compared to…

Godrej Consumer logs 14 pc profit drop in Q3, declares interim dividend

Mumbai (IANS) Godrej Consumer Products Limited (GCPL) on Friday reported a net profit of Rs 498.31 crore for the October-December period (Q3) of FY25, a 14 per cent decline compared to Rs 581.06 crore in the same period last year. 

The company’s…

Reports on projects in Sri Lanka being cancelled false and misleading: Adani Group

Ahmedabad (IANS) The Adani Group on Friday categorically denied reports claiming that Adani's 484 MW wind power projects in Mannar and Pooneryn in Sri Lanka have been cancelled. 

Terming such reports as "false and misleading", a company…