Page 172 - Bs Reporter/workspace/business Standard Web/video

APSEZ sets new record, handles highest ever rail cargo of 121 MMT in FY23

In FY23, APSEZ generated around Rs 14,000 crore in revenue from rail cargo for Indian Railways

SGX Nifty will be renamed as GIFT Nifty from July 3, confirms NSE

On April 17, SGX had issued a circular on migrating all Nifty positions to NSE IFSC

VIL still needs additional liquidity to survive, says Vodafone Group

Vodafone Group owns 32.29% stake in VIL while Aditya Birla group owns 18.07% stake in VIL after the government picked up 33% stake in the loss-making company

Chemplast Sanmar Q4 results: Net profit declines 80% to Rs 46 crore

For the full year, revenues were lower by 16% as compared to the last year - however, sales volumes of almost all the products were higher on a Y-o-Y basis

IRDAI lowers the solvency requirement for surety bonds to 1.5 times

Removes 30% exposure limit on each contract

Market regulator Sebi plans to expand QIB base to boost bond market

Looks to include SFBs and multi-state cooperatives, among others

Ministry of corporate affairs notifies timelines for fast-track M&As

Experts however said that while the government move is a step in the right direction, on the ground the implementation would be hard

Mondelez International names Samir Jain as president of India business

Jain joins Mondelez International from Bunge India, where he led the business as managing director for the last 10 years

LIC's new business premium drops 50% to Rs 5,810.1 crore in April

LIC's group single premium declined 65.76% to Rs 2899.63 crore in April while individual single premium dropped by 23.07% to 1014.47 crore

NSE posts consolidated net profit of Rs 7,356 cr; revenue at Rs 12,765 cr

The exchange earns from trading and other revenue lines, including fees from listing, index services, data services and colocation facilities

Amazon implements India layoffs to reduce workforce globally: Report

The downsizing round is part of the layoffs announcement made in March by Amazon CEO Andy Jassy, which was expected to impact 9,000 employees

Dish TV Institutional shareholders call for EGM, seek to remove 2 directors

The notice said the Board is acting at the behest of certain minority shareholders holding merely 4 percent stake in the company

Cognizant's new platform offers responsible AI for enterprise customers

Platform has a library of reusable generative AI models and agents, development tooling, and control components including API and access management, versioning, and auditing

Fertiliser firm Coromandel International's Q4 profit up 18% at Rs 290 cr

Company says 'strong growth' in products portfolio helped performance

Skipper Q4 PAT down 3.4%, sees highest-ever quarterly revenue of Rs 657 cr

Dip in profit largely due to MTM losses arising from the depreciation of the rupee to the dollar

Manufacturing firm Tube Investments' Q4 profit rises 74% at Rs 312 cr

Company's net profit in FY23 increases 24% at Rs 956 cr from Rs 769 cr in FY22

Karur Vysya Bank Q4 net profit up 59% at Rs 338 cr, deposits up 12%

Tamil Nadu-based lender says it faced 'an extremely challenging environment'

Realty stocks soar on Sebi proposal to formalise fractional ownership

Sobha Developers gains most at 11.5%, DLF and Mahindra Lifespace add over 7% each; BSE Realty index soara 4.3%, most among the 19-sectoral sub-indices

Nearly 30% of married Indian women face domestic violence, shows data

The bare statistics are always extraordinary and condign punishment a rare sighting for survivors (often silent or silenced) of domestic abuse

Shriram Life Insurance net rises over 50-fold to Rs 156 cr in FY23

Strong growth in individual non-single premiums drives better show