A report by Union Bank of India suggests that the Reserve Bank of India (RBI) is likely to transfer approximately Rs 1 lakh crore to govt in FY25, indicating a …
India News
Tata Motors Group boosts FY25 investment plan by Rs 43,000 crore, with a significant portion allocated to THIS luxury brand.
At the earnings conference, Tata Motors Group CFO PB Balaji mentioned that JLR’s investment concluded at 3.3 billion pounds (over Rs 33,000 crore), while Tata Motors invested over Rs 8,200 …
Nestle India’s royalty increase plan denied by majority shareholders.
In 2019, following feedback from investors and proxy firms, the company announced plans to seek shareholder approval every five years for royalty payments to the parent company. Nestle India’s majority …
SEBI suggests monitoring crypto trading, while RBI maintains concerns about ‘risk’.
SEBI proposed various regulators oversee cryptocurrency-related activities within their jurisdiction, advocating against a unified digital asset regulator. RBI supports banning stablecoins, designed to stabilize against fiat currency volatility. In 2021, …
Vedanta to Hold Board Meeting on May 16 for FY25 First Dividend and Fundraising Plans
Vedanta to Hold Board Meeting: Anil Agarwal-led Vedanta Ltd. announced a board meeting on May 16, 2024, to discuss the first interim dividend for FY25. The meeting will also explore …
Sundar Pichai-led Google terminates entire Python team, citing cost-cutting measures.
Google intends to establish a new team in Munich, Germany, purportedly to leverage “more economical” labor, as per the report. In recent weeks, Google has terminated numerous employees, particularly in …
Reliance, under Mukesh Ambani’s leadership, is broadening its scope into multiple facets of daily life. Already deeply entrenched in consumers’ routines, Reliance spans from soap to mobile phones. Now, with …
JPMorgan CEO Dimon praises Indian PM Modi’s remarkable achievements.
JPMorgan Chase’s Jamie Dimon applauds Indian PM Narendra Modi for uplifting millions from poverty. Modi’s decade-long tenure with the BJP/NDA coalition witnesses India’s economic growth. Amid ongoing elections, Modi seeks …
HDFC Bank Q4 2024 Earnings Update: Net profit climbs 37% YoY to ₹16,512 crore; Retail loans drive 108.9% growth.
“HDFC Bank Q4FY24 Earnings Update: India’s Largest Private Sector Bank, a NIFTY50 heavyweight, records a 37.1% YoY increase in Profit After Tax to ₹16,512 crore for the quarter ending March …
Government instructs e-commerce platforms to exclude Bournvita from the ‘health drinks’ category.
The Commerce Ministry directs e-commerce firms to exclude drinks like Bournvita from the “healthy drinks” section. The Commerce Ministry directs e-commerce firms to exclude drinks like Bournvita from the “healthy …