The Employees’ Provident Fund Organisation (EPFO) has announced an interest rate of 8.25 percent for the employees’ provident fund in 2023-24, marking a three-year high. This is up from 8.15 percent in 2022-23 and 8.10 percent in 2021-22.
In Q3 FY24, Honasa Consumer, the parent company of Mamaearth, reported a 250% increase in profit to Rs 26 crore
In the third quarter, revenue from operations rose by 28% year-on-year to Rs 488 crore from Rs 382 crore in the corresponding quarter of the previous year.
SEBI prohibits 15 guest experts from Zee Business channel for illegal trading, imposes ₹7.41 crore fine on them
SEBI has penalized 15 guest experts from Zee Business channel for unauthorized trading, totaling gains of ₹7.41 crore. They are instructed to pay the amount and are restricted from trading securities until further notice.
Jefferies downgrades ITC to ‘Hold’ as British American Tobacco considers selling stake
ITC’s stock dropped approximately 4 percent at market close following reports of major shareholder BAT considering a partial stake sale. What are the key concerns?
LIC’s Q3 Earnings surge by 49% YoY to Rs 9,444 crore; announces dividend of Rs 4 per share
LIC’s net premium income increased by 4.7% year-on-year to Rs 1.17 lakh crore for the quarter, as reported in a regulatory filing.
Ratan Tata’s pet project, an animal hospital in Mumbai, is set to open next month
At 86 years old, renowned for his compassion toward stray animals, Ratan Tata will inaugurate a state-of-the-art animal hospital in Mumbai. This initiative, inspired by his challenge to find advanced care for his injured pet, will open in March.
DBS, Singapore’s largest bank, reduces executive pay following service disruptions
DBS Group Holdings Ltd. reported a net profit of over $10 billion for 2023, exceeding its medium-term goal. CEO Piyush Gupta’s variable pay was reduced by 30% due to disruptions in digital banking last year.
The Reserve Bank of India (RBI) has maintained the repo rate at 6.5% for the sixth consecutive time .
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Kashmiri cricket bat makers are considering legal action against Shark Tank India’s claims and are seeking INR 500 crores in compensation
On January 30, Saad and Hamad Tramboo, two young entrepreneurs from Kashmir representing Tramboo Sports, presented their business idea for Kashmir willow bat manufacturing on an episode of Shark Tank India.