Page 151 - Bs Reporter/workspace/business Standard Web/video

Brookfield, RIL sign MoU to explore renewable opportunities in Australia

Under the MoU, Brookfield will collaborate with RIL to assess potential capital investment and skill development opportunities in Australia's renewable energy sector

KKR to acquire majority stake in pallet pooling platform Leap India

Leap India provides various supply-chain solutions, including equipment pooling, returnable packaging, inventory management and movement, transportation, and repair and maintenance

Indian Overseas Bank records 28% rise in Q1 net profit to Rs 504 crore

The Chennai-based bank's total business increased to Rs 4.56 trillion as on June 2023, up from Rs 4.24 trillion in June 2022

Tax filing for AY24 touches all-time high, surpasses 67.7 million

On 31 July, the final day for filing, the number of ITRs peaked with over 6.433 million ITRs submitted in a single day, the I-T department reported

Murugappa Group's Chola sees 28% rise in first quarter net profit

Chola's Home Loan business disbursed Rs 1,454 crore in Q1 FY24, a substantial 138 per cent growth from Rs 611 crore in Q1 FY23

TVS ILP plans $400-mn investment to double portfolio to 20 mn sq ft

Infra and warehouse firm strengthens partnership with NIIF IFL

Credit cards in force hit new high in June; spends decline over May

HDFC Bank maintained its leadership position with 18.35 million cards, followed by SBI Card at 17.34 million, ICICI Bank at 14.8 million, and Axis Bank at 12.5 million

Rupee continues to remain stable in July, ends flat at 82.25 a dollar

For the week ended July 21, foreign exchange reserves were at $607 billion as compared to $562 billion on December 30, 2022

LIC Mutual Fund completes the takeover of IDBI Mutual Fund schemes

At the end of June, the AUM of LIC MF and IDBI MF stood at Rs. 18,400 crore and Rs. 3,650 crore, respectively

SAT declines to grant any immediate relief to Yes Bank's Rana Kapoor

Refusing to grant a stay on the notice, the tribunal pointed out that there was no urgency and asked the original matter to be heard as scheduled previously

'It's a good thing': Why BAT sees value in holding on to ITC stake

Working with Indian cigarette maker for new nicotine product would be 'massive opportunity', says BAT CEO

Institutional investors vote against Siemens's sale of motors business

Nearly 78.5 per cent of the public institutional investors voted against the deal

Benchmark indices Sensex, Nifty decline after four weeks of gains

Nifty logs weekly decline of 0.5%, Sensex 0.8%

Indiabulls Housing board okays 62.5% dividend payout, rebranding plans

To Rs 35,000 cr via NCDs; to rebrand itself

DFS secretary expects general insurers to post record profit like PSBs

Bima Vahak, Bima Vistar, Bima Sugam will be game changer, says Irdai chairman

Vedanta to build its first make-in-India chip within 2.5 yrs: Anil Agarwal

The Vedanta-Foxconn JV was reportedly in talks with ST Microelectronics for a technology tie-up, but that did not materialise

Over 50 million income tax returns filed till July 27; 88% e-verified

The department reached the milestone of 50 million ITRs on July 27, three days earlier this year, compared to the preceding year

Slowdown in gems & jewellery to hit SMEs hard: CRISIL SME Tracker

Recessionary pressures in the US, which is the largest market for cut and polished diamonds, are likely to impact demand and, in turn, revenue and profitability

Opposition leaders to visit Manipur; CBI to probe sexual assault case

The Congress questioned how the Lok Sabha could transact other Bills when the Opposition bloc's no-confidence motion was pending

Coromandel International posts consolidated net profit of Rs 494 cr in Q1

Coromandel's total income for the quarter ended June 2023 was also down marginally to Rs 5,738 crore versus Rs 5,783 crore for the quarter ended June 2022