Page 1575 - Press Trust Of India/workspace/business Standard Web/video

Deepak Builders' IPO gets subscribed 41.54 times on last day of offer

The Rs 260 crore share sale got bids for 37,24,76,076 shares against 89,67,061 shares on offer, according to an update on the NSE

Shiprocket loss widens to Rs 595 cr in FY24 on restructuring costs

Shiprocket said that the company has reduced cash flow burn by almost half to Rs 100 crore in FY'24 from Rs 191 crore in FY'23 and is on path to full profitability in the current fiscal year

GST appeals authority upholds notice of Rs 139 cr against Maruti Suzuki

The country's largest carmaker said it will be filing an appeal against the appellate order before the Tribunal

Sebi bars First Overseas Capital to be lead manager for fresh mandates

The regulator also issued a show cause notice to First Overseas Capital for alleged violations of the provision of Merchant Bankers (MB) regulations

BSNL making operating profit, added subscribers in last 3 months: Scindia

Speaking at Express Adda, he said Bharat Sanchar Nigam Ltd (BSNL) is offering telephone services in remotest village and a network upgrade is improving its service

Airtel's AI system blocks 154 mn spam calls, 8 mn such SMS in West Bengal

Developed in-house by Airtel's data scientists, the AI-powered solution uses a proprietary algorithm to identify and classify calls and SMSes as "suspected spam"

MobiKwik launches fixed deposit product with up to 9.5% interest rate

MobiKwik Fixed Deposits allows users to start investing with as little as Rs 1,000 and earn up to 9.5 per cent returns per annum without opening a new bank account, it said

Govt formulating new broadcast policy to regulate OTTs: Minister Murugan

Murugan said the government was holding 'detailed conversations' with various stakeholders to allow private FM radio channels to broadcast news bulletins in addition to the service rendered by AIR

Piramal Enterprises Q2FY25 results: Net profit triples to Rs 163 cr

Its core net interest income was up 17% to Rs 881 crore, while recoveries of Rs 181 crore from alternate investment fund investments in the first half of the fiscal helped the other income grow

Schaeffler India Q3 results: Net profit marginally grows to Rs 236.41 crore

Revenue from operations during reporting quarter, however, rose 14% to Rs 2,116.3 crore in third quarter of 2024, from Rs 1,853.6 crore in year-ago period, company said in a regulatory filing

DGFT notifies policy conditions for exports of sesame seeds to US

In a separate notice, the DGFT notified the procedure for filing of annual Remission of Duties and Taxes on Exported Products (RoDTEP) return

AU Small Finance Bank Q2 results: Net profit jumps 42% to Rs 571 cr

Total income rose to Rs 4,549 crore in the quarter under review from Rs 2,957 crore in the same period a year ago, AU Small Finance Bank said in a regulatory filing

Global carbon black industry likely to grow by 50% to $42 bn by 2032: APCBC

The global carbon black industry is entering a new phase, with accelerating demand in emerging markets like India and across the Asia Pacific region

Brics calls for ceasefire in Gaza, denounces Israel for 'mass killings'

The escalating conflict in West Asia figured prominently in the Kazan Declaration, adopted by the leaders who participated in the 16th summit of the group in this Russian city

Tata Hitachi expresses concerns over Chinese imports, seeks govt support

Tata Hitachi Managing Director Sandeep Singh stated that the market share of Chinese excavators in India has surged to 20-22 per cent, a concerning trend given the country's focus on self-reliance

Bengal evacuates 114,000 people as Cyclone Dana approaches Odisha coast

The cyclone, with wind speeds expected to reach up to 120 kmph (75 mph), is likely to hit between Bhitarkanika National Park and Dhamra Port in Odisha by Friday morning

PM Modi holds bilateral talks with Uzbek, UAE Presidents on Brics sidelines

PM Modi arrived in the heritage city of Kazan on Tuesday for the 16th Brics Summit

Birla Corp Q2 results: Net loss at Rs 25 cr, revenue falls to Rs 1,970 cr

Revenue of the cement maker during the July-September quarter decreased 14.8 per cent to Rs 1,970 crore from Rs 2,312 crore in the previous corresponding period

PM Modi leaves for India after attending 16th Brics summit in Russia

"PM @narendramodi wraps up an impactful visit to Kazan and emplanes for New Delhi," the Ministry of External Affairs (MEA) posted on X

United Spirits Q2 results: Net profit marginally rises to Rs 341 crore

The company had posted a consolidated net profit of Rs 339 crore in the same quarter of the last fiscal, United Spirits Ltd said in a regulatory filing