Mahindra & Mahindra on Wednesday posted a 20 per cent increase in its consolidated net profit at Rs 3,283 crore for the first quarter ended June 30, 2024. The Mumbai-based company had reported a profit after tax of Rs 2,745 crore in the year-ago period. Revenue rose 10 per cent year-on-year to Rs 37,218 crore as compared to Rs 33,892 crore in the June quarter of last fiscal, the company said.
Balraj Panwar progressed to the quarter-finals of the men's single sculls rowing competition after finishing second in Repechage 2 at the Paris Olympics on Sunday.
Quick commerce major Zepto has raised $340 million in a follow-on financing round at a valuation of $5 billion as it gears up for an initial public offering (IPO). This is Zepto's third big-ticket fundraise within a year. With this, the company has raised more than $1 billion in 12 months.
Trends in the global energy markets are crucial if India's growth outlook is to remain healthy. Prices for the Indian crude basket were averaging around $86.2 per barrel through Q1FY25 and then moderated to $84 in July and to $78-79 in August (so far). But global crude supply may outpace weak global demand in the short term.
Avishka Fernando scored a superb 96 and Dunith Wellalage took five wickets as Sri Lanka thumped India by 110 runs in Colombo.
Images from the US Open men's singles first round matches, at Flushing Meadows, New York, on Tuesday.
In a relief to former Aam Aadmi Party communication in-charge Vijay Nair, the Supreme Court on Monday granted him bail after nearly 23 months of incarceration in a money laundering case stemming from the alleged Delhi excise policy scam, observing that liberty is 'sacrosanct' and needs to be respected in cases involving even stringent laws.
Wholesale inflation fell to a 3-month low of 2.04 per cent in July on decline in prices of food items especially vegetables, government data released on Wednesday showed. The decline in wholesale price index (WPI) based inflation in July came after it rose for four months in a row till June, when it was 3.36 per cent. It was (-) 1.23 per cent in July last year. In April wholesale inflation stood at 1.19 per cent.
Out of 3,871 recovery certificates issued by the regulator in various cases, 807 have been certified as difficult to recover.
The active cases comprise 2.04 per cent of the total infections, while the national COVID-19 recovery rate increased to 98.71 per cent, the ministry said.
Retail inflation declined to a five-year low of 3.54 per cent in July mainly on account of subdued prices of food items, and base effect, according to official data released on Monday. The Consumer Price Index (CPI) based retail inflation was 5.08 per cent in June 2024 and 7.44 per cent in July 2023.
China's Zheng Qinwen is bidding to become the fourth woman to win Olympic gold and the US Open title in the same year
English Premier League champions Manchester City beat FA Cup winners Manchester United 7-6 on penalties to win the Community Shield.
Sreejesh was the cynosure of all eyes as he consistently denied Great Britain scoring opportunities
Apollo Hospitals Enterprise (APH) delivered an in-line performance for the April-June quarter of the financial year 2024-2025 (Q1FY25)with growth in the number of patients. AHLL (Apollo Health & Lifestyle), a subsidiary, posted sales growth and profitability. APH also reduced operational costs at Healthco.
An old bridge across Kali river in Uttara Kannada district collapsed in the small hours of Wednesday, resulting in heavy traffic along National Highway 66, connecting Goa to Karnataka.
Check out how India's athletes fared on Day 13, Thursday, August 8.
Twenty coaches of the Ahmedabad-bound Sabarmati Express passenger train derailed near Govindpuri station in Kanpur early Saturday after the engine hit an 'object placed on the track'.
The rematch between Carlos Alcaraz and Novak Djokovic was one of the most expensive get-in-final tickets in the history of the sport.
Dhankhar expressed his anguish on the conduct of Opposition members and left the House for a while.
India's previous best result in the men's golf at the Olympics was tied 42nd achieved by Anirban Lahiri at Tokyo three years ago.
The number of people who have recuperated from the disease surged to 4,39,67,340, while the case fatality rate was recorded at 1.19 per cent.
'Earlier there was no provision for considering TCS collected from the taxpayer for overall tax computation.' 'Now, credit will be given by the employer for TCS already collected to consider net tax to be deductible.'
India is not "rethinking" supporting investments from China, said Commerce and Industry Minister Piyush Goyal on Tuesday, referring to a proposal made in the Economic Survey 2024. The survey by India's chief economic advisor last week said India had two "choices" to benefit from the so-called China plus one strategy, either by integrating into that country's supply chain or by promoting foreign direct investment (FDI). "Chief economic advisor's report speaks about new ideas and gives out their own thinking. It is not at all binding on the government and there is no rethinking to support Chinese investments in the country," Goyal told reporters in Delhi.
Everyone at Chooralmala thought that the 1.30pm landslide would be the only one, and many had gone back to bed, hoping that others who screamed for help would be safe.
Telecom operator Bharti Airtel reported more than 2.5 times jump in its consolidated profit to Rs 4,160 crore in the April-June quarter of 2024-25 compared to the year-ago period driven by an improvement in average revenue per user and an exceptional gain of Rs 735 crore. The company had posted a profit of Rs 1,612.5 crore in the same period a year ago. The consolidated revenue from operations of Bharti Airtel increased by 2.8 per cent to Rs 38,506.4 crore during the reported quarter from Rs 37,440 crore in the June quarter of the last year.
India's current account deficit (CAD) may dip further in the March quarter of FY24 as pressure from the negative net exports during the January-March period eased to an 11-quarter high. A part of the gross domestic product (GDP) data, net export- which is usually negative for India - captures the difference between exports and imports of both goods and services, while the CAD data, released by the Reserve Bank of India (RBI), also factors in private transfer receipts.
Automobile exports from India rose 15.5 per cent year-on-year in the June quarter with all verticals, barring three-wheelers, recording growth in shipments, according to the latest SIAM data. Overall shipments stood at 11,92,577 units in the first quarter the current fiscal year, as compared with 10,32,449 units in the same period of the last fiscal. Passenger vehicle exports stood at 1,80,483 units in the first quarter, registering a jump of 19 per cent over 152,156 units in the same period last year.
Private sector lender Yes Bank on Saturday reported a 46.7 per cent growth in net profit to Rs 502 crore for the June 2024 quarter, helped by a reduction in provisions. The city-headquartered bank's core net interest income rose 12.2 per cent to Rs 2,000 crore. Its net interest margin stayed flat at 2.4 per cent.
Western Railway stated that local train services were running normally on Monday morning, however, commuters claimed trains were running late by 5 to 10 minutes.
"There is plenty of talent...": Vaughan on Virat, Rohit,Jadeja retiring from T20Is
Flight operations at Chhatrapati Shivaji Maharaj International Airport were suspended twice for a brief period due to inclement weather and low visibility, a source said.
A group comprising top tech startups and unicorns has raised several "serious concerns" over a platform-based gig workers Bill proposed by the Karnataka government, saying it would hurt the ease of doing business. They told the state government the Bill in its current form would hamper operations and increase regulatory and compliance burden on the nascent gig and startup economy, according to sources.
Security personnel conducted extensive checks on the aircraft and found no danger, allowing the flight to proceed as planned, a Cochin International Airport spokesperson said in a statement in Kochi.
Abhishek Sharma said he kept belief in his hitting ability despite getting out for a duck in his international debut.
Few finance ministers announce any taxation measure that could upset the stock market. Ms Sitharaman decided to take that risk, observes A K Bhattacharya.
Germany coach Julian Nagelsmann -- who for the third time named the same starting 11 -- is a big fan of Havertz, but the fact an old-school number 9 like Fuellkrug saved the day may prompt calls for the side to have a clear focal point up front.
The wholesale inflation rose for the third consecutive month in May at 2.61 per cent on account of rise in prices of food articles, especially vegetables, and manufactured items. The wholesale price index (WPI) based inflation was 1.26 per cent in the previous month. It was (-) 3.61 per cent in May 2023. "Positive rate of inflation in May, 2024 is primarily due to increase in prices of food articles, manufacture of food products, crude petroleum & natural gas, mineral oils, other manufacturing etc," the ministry of commerce & industry said in a statement on Friday.
Spain's path to European Championship success was forged the hard way thanks to a remarkable collective effort, with several squad players coming off the bench at key moments to make decisive contributions when the team needed them the most.
'With the deployment of a higher degree of mechanisation, awarding contractual mining to MDOs and operational efficiency, we feel confident of achieving the desired target.'
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