GMR Group secures Rs 6,300-crore investment from ADIA
NEW DELHI: Infra major GMR Group on Wednesday said it has entered into an agreement with a wholly owned subsidiary of Abu Dhabi Investment Authority (ADIA) for an investment of Rs 6,300 crore in the form of structured debt instruments, allowing the former to reduce its pledged shareholding on its
Bajaj Finserv Q2 profit up 8% at Rs 2,087 crore
NEW DELHI: Bajaj Finserv on Wednesday reported an 8 per cent rise in its consolidated net profit to Rs 2,087 crore for the second quarter ended September 30. The company had posted a profit of Rs 1,929 crore in the July-September quarter a year ago. The total consolidated income increased
Binance Employee, in Custody for 8 Months in Nigeria, Will Be Released
Prosecutors have dropped the criminal case against Tigran Gambaryan so he can receive medical care, a government spokesman said. Source link
TVS Motor Co Q2 net profit rises 41 per cent to Rs 588.13 crore
Chennai-based TVS Motor Company on Wednesday reported a 41.4 per cent rise in consolidated net profit at Rs 588.13 crore in the second quarter ended September 30, 2024 riding on record sales. The company had posted a net profit of Rs 415.93 crore in the same quarter last fiscal, TVS
Character.ai Faces Lawsuit After Teen’s Suicide
The mother of a 14-year-old Florida boy says he became obsessed with a chatbot on Character.AI before his death. Source link
Silver better than gold for investment? Silver prices cross Rs 1 lakh mark!
Analysts highlight the growing appeal of silver as a more affordable alternative to gold. (AI image) Silver rate today: Silver prices continue to soar, with the precious metal crossing the Rs 1 lakh mark for the second consecutive day in the physical market. On Tuesday, silver traded at Rs 1,01,323
Goldman Sachs cuts Indian stocks to neutral on slowing growth
India’s record stock rally is already showing signs of fatigue. Goldman Sachs Group Inc tactically lowered Indian equities to neutral from overweight as slowing economic growth dents the outlook for corporate earnings.“While we believe the structural positive case for India remains intact, economic growth is cyclically slowing down across many
McDonald’s Quarter Pounders Linked to Deadly E. Coli Outbreak
Nearly 50 people have become ill and one person has died, amid infections that may have been caused by slivered onions, the C.D.C. reported. Source link
Zomato Q2 results: Net profit of Rs 176 crore recorded for September quarter
Zomato Ltd on Tuesday reported a consolidated net profit of Rs 176 crore for the second quarter ending September 30, 2024. This marks an increase from the Rs 36 crore net profit reported in the same quarter last fiscal year. The online food delivery giant’s consolidated revenue from operations stood
ICICI Prudential Life’s Q2 profit rises to Rs 252 crore
ICICI Prudential Life Insurance Company reported a 3 per cent rise in its net profit for the September quarter, reaching Rs 252 crore, compared to Rs 244 crore in the same quarter last year.Its total income rose to Rs 25,229 crore, up from Rs 17,436 crore during the same period