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Marico signs agreement to acquire majority stake in Satiya Nutraceuticals

In an all cash deal, the maker of Parachute Coconut oil will buy the stake in the company for an aggregate consideration of upto Rs 369 crore

Gift Nifty logs highest-ever turnover of $12.4 billion on July 25

Gift Nifty, which was being traded at the Singapore Exchange (SGX), has been transitioned to GIFT City in Gujarat

Schneider Electric withdraws appeal from SAT against Sebi's order

Company will have to follow Sebi's January 2021 directions within six months

IPO of Yatharth Hospital subscribed 1.1 times on first day of issue

For the year ended March 2023, the company had reported net profit of Rs 66 crore on revenues of Rs 520 crore

Omron Healthcare starts construction of manufacturing unit in Tamil Nadu

The new manufacturing unit is expected to start functioning by March 2025

CAIT and WhatsApp to digitally train and upskill 10 million local traders

The partnership's goal is to localize digitization efforts to unleash growth opportunities for businesses with hyper-local digital trainings in 11 Indian languages across all 29 Indian states

SBI Life Insurance Q1 results: Net profit rises 45% to Rs 380 crore

New Business Premium (NBP) has grown by 11% to Rs 6210 crore in Q1 FY 24 aided by growth in single premium business by 18%

Monsoon session: I-T raids up 8% in FY23, Rs 1.15 trillion GST fraud & more

GST authorities - both at Centre and states - have detected cases of fraudulent availment of Input Tax Credit on fake GST invoices involving amount of Rs 1.15 trillion

HCLTech announces launch of its global delivery center in Morocco

The launch follows the signing of a MoU between HCLTech and the Government of Morocco in 2022 to invest in the country's technology sector

CEAT Q1 net profit increases 15-fold on dip in raw material prices

During the Q1 of FY24, the company's total income was also seen up by 4 per cent to Rs 2,938 crore against Rs 2,821 crore during the Q1 of FY23

TVS Supply Chain Solutions obtains approval from Sebi to launch its IPO

TVS Supply Chain plans raise Rs 750 crore in fresh capital through the IPO

Pixxel wins grant to develop miniaturised multi-payload satellites for IAF

Pixxel has solidified its position as a leading innovator in the space tech sector, building and launching made in India and the world's highest-resolution commercial hyperspectral imaging satellites

S&P revises outlook on B'desh to negative; affirms 'BB-' long term ratings

Bangladesh's external vulnerabilities are rising, marked by sustained pressure on its foreign exchange reserves despite a material decline in the country's current account deficit

IIT Madras research improves understanding of inter-organ communication

Researchers develop computational approach to study interactions between genes responsible for inter-organ communication

TVS Supply Chain Solutions gets Sebi's approval for launching IPO

It will be the first IPO by TVS family company in three decades, after TVS Electronic in 1994

HDFC AMC's Q1 profit surges 52% to Rs 478 crore; revenue rises 10%

The operating profit for the quarter was Rs 413 crore, 11 per cent higher than the last year's figure of Rs 374 crore, the AMC said in a press release

Monsoon session: NARCL acquired Rs 21K crore of bad loans in Q4FY23

A Parliamentary panel on Monday asked the government to look at the feasibility of setting up a specialised security agency for airports amid rising air passenger traffic

TVS Motor Q1 results: Net profit rises 42% to Rs 434 cr, revenue up 24%

The overall two-wheeler and three-wheeler sales including exports grew by 5% registering sales of 9.53 lakh units in the quarter ended June 2023

Tamilnad Mercantile Bank Q1 results: Net profit up 12% to Rs 261 crore

The bank's total income during the period was up by 16 per cent, from Rs 1,142 crore in June 2022-23 to Rs 1,323 crore in the fourth quarter of FY24

AST SpaceMobile opens research centre in Hyderabad's Sattva Knowledge City

The facility will focus on next-generation hardware, software, space-related technologies and operations