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…

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…

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…

Kotak Mahindra Bank acquires Standard Chartered India's personal loan biz for Rs 3,330 cr

Mumbai (IANS) Kotak Mahindra Bank on Thursday said it has completed the acquisition of the personal loan portfolio of Standard Chartered India for Rs 3,330 crore. 

The acquisition, which received the necessary regulatory approvals, will help…

India's airlines log 6 pc rise in traffic with 16 crore flyers on domestic routes in 2024

New Delhi (IANS) India’s domestic air passenger traffic rose by 6.12 per cent to 16.13 crore in 2024 from 15.2 crore in the previous year, according to the latest data compiled by the Directorate General of Civil Aviation (DGCA). 

The country’s…

Sensex jumps 566 points, Nifty holds at 23,000 as US tariff fears ease

Mumbai (IANS) The Indian stock market witnessed a roller-coaster ride on Wednesday, as benchmark indices Sensex and Nifty bounced back strongly in the latter half of the day after uncertainties over impending US trade tariff eased. 

At the…

India witnesses 8 pc jump in average flat size in 2024, NCR sees 29 pc

Mumbai (IANS) Average flat sizes in the top seven Indian cities rose by 8 per cent annually in 2024 – from 1,420 square feet in 2023 to 1,540 square feet in 2024, said a report on Wednesday. 

The national capital region (NCR) saw the steepest…

Trump 2.0 jitters: Sensex tanks over 1,200 points, Nifty ends at 23,024

Mumbai (IANS) As the new US President Donald Trump began his second innings with signing several executive orders along with sounding threats about impending trade tariffs on certain countries and BRICS nations, both Sensex and Nifty plunged on Tuesday.

Indian stock market trades flat as new US President avoids tariffs on Day 1

Mumbai (IANS) Indian benchmark indices traded almost flat on Tuesday morning, tracking gains in Asia, after Donald Trump took over as the 47th US President and did not immediately impose trade tariffs as widely expected. The Nifty 50 was up 0.25 per…

Paytm log 10 pc revenue jump at Rs 1,828 crore in Q3, PAT improved by Rs 208 crore

New Delhi (IANS) Leading payments and financial services company, Paytm, on Monday reported impressive robust growth across key financial metrics. The company’s operating revenue surged by 10 per cent quarter-on-quarter (QoQ) to Rs 1,828 crore in…