Shares of Mahindra and Mahindra (M&M) rallied 3.6 per cent to Rs 1,518 per share on the BSE in Monday’s intra-day trade, after the company reported 60 per cent jump year-on-year (YoY) in consolidated profit-after-tax (PAT) to Rs 3,508 crore in the April-June quarter of fiscal year 2023-24 (Q1FY24). So far this… Continue reading M&M jumps 3% as Q1 results impresses Street; brokerages remain bullish
Author: Andrea Harvey
How to claim, eligibility and other details
Three weeks after launching the Central Registrar of Cooperative Societies (CRCS) Sahara portal, Union Home Minister Amit Shah on Friday initiated the process of refunding money of over two crore depositors of four cooperatives of the Sahara Group, which is being investigated for money laundering and financial embezzlement. An initial refund of Rs 10,000… Continue reading How to claim, eligibility and other details
Delhi services bill in Rajya Sabha on Monday; Cong, AAP issue whip to MPs
With the Delhi services bill set to be taken up in Rajya Sabha on Monday, the Congress and the Aam Aadmi Party have issued whips to their MPs asking them to be present in the Upper House till its adjournment. The Government of National Capital Territory of Delhi (Amendment) Bill, 2023, has already… Continue reading Delhi services bill in Rajya Sabha on Monday; Cong, AAP issue whip to MPs
After LS nod, Delhi services bill in RS today; AAP issues whip to its MPs
Home Minister Amit Shah will table The Government of the National Capital Territory of Delhi (Amendment) Bill, 2023, on Monday, August 7, in Rajya Sabha. Previously, the bill was passed in Lok Sabha on Thursday, August 3, as the opposition parties staged a walkout. At the same time, the Aam Aadmi Party (AAP)… Continue reading After LS nod, Delhi services bill in RS today; AAP issues whip to its MPs
Another batch of pilgrims leaves from J-K’s Srinagar for Amarnath Yatra
“The arrangements made for the yatra are very good, I have not seen such a facility anywhere, I would like to thank our Army for this. I will come here every year” Devi lal kumawat, a pilgrim told ANI | Photo: Twitter Another batch of pilgrims left from Pantha Chowk base camp in Srinagar… Continue reading Another batch of pilgrims leaves from J-K’s Srinagar for Amarnath Yatra
Zen Technologies hits 10% upper limit on strong Q1 performance
Shares of Zen Technologies were locked at the 10 per cent upper circuit at Rs 675 on the BSE in Monday’s intra-day trades after the company reported a strong set of earnings for the June quarter. The company’s net profit zoomed 474 per cent to Rs 47.13 crore for the quarter ended June… Continue reading Zen Technologies hits 10% upper limit on strong Q1 performance
China funded $130,000 to Solomon Islands newspaper for favourable coverage
The Chinese government granted more than USD 130,000 to Solomon Islands news company in exchange for agreeing to “promote the truth about China’s generosity and its true intention to help develop” the Pacific island country, a funding document and email reviewed by Radio Free Asia-affiliated news organization BenarNews has revealed. After the Solomon… Continue reading China funded $130,000 to Solomon Islands newspaper for favourable coverage
ASI team to continue survey of Gyanvapi mosque complex today in Varanasi
As the Archaeological Survey of India (ASI) continues its scientific survey of the Gyanvapi complex, an advocate representing the Hindu side, said on account of the fifth Monday of the ongoing ‘Sawan’month, there could be a small delay in starting the survey today. Today is the fourth day of the ongoing survey by… Continue reading ASI team to continue survey of Gyanvapi mosque complex today in Varanasi
Paytm rallies 12% as Vijay Shekhar Sharma buys 10.3% stake from Antfin
Shares of One97 Communications, the parent entity of Indian mobile payments and financial services company Paytm, surged 12 per cent to Rs 887.55 on the BSE in Monday’s intra-day trade after founder and chief executive officer (CEO) Vijay Shekhar Sharma entered into an agreement with Antfin to purchase 10.3 per cent stake in Paytm through… Continue reading Paytm rallies 12% as Vijay Shekhar Sharma buys 10.3% stake from Antfin
Investors in India see yet another year of high rates on price shock
By Subhadip Sircar and Malavika Kaur Makol Traders in India are pushing back rate-cut bets to later next year as a sudden spike in food prices may send inflation above the central bank’s tolerance limit. Overnight-indexed swaps show that India’s borrowing costs are likely to decline only in the second… Continue reading Investors in India see yet another year of high rates on price shock