Telecom operator Bharti Airtel on Tuesday posted a 31 per cent drop in consolidated profit to Rs 2,072 crore in the March quarter mainly due to devaluation of the Nigerian Naira. The company had registered a profit of Rs 3,005.6 crore in the year-ago period. The consolidated revenue of operations increased 4.4 per cent to Rs 37,599.1 crore during the quarter under review from Rs 36,009 crore a year earlier.
IMAGES from the FA Cup final played between Manchester City and Manchester United, at Wembley Stadium, London, Britain, on Saturday
Kansai Nerolac Paints has seen its market capitalisation (mcap) erode by over 5 per cent since May 3 after posting a subpar performance in the fourth quarter of 2023-24. Weighed down by stiff competition, the company has shed Rs 1,172 crore over the past two weeks in mcap. India's largest paint maker in terms of mcap, expects double-digit growth in the industrial segment and aims to maintain margins, but its performance in decorative paints could suffer amid competition.
Taiwan is keen to collaborate with India and help it become a leader in the semiconductor space, Jason Ho, chairman of the Taiwan Chamber of Commerce in India, said, asserting that the Taiwanese companies have the supply chain for things that the Indian market needs. Manufacturing semiconductors - used in electric and hybrid cars, drones, and communication devices - is fairly complicated, entails huge investment, and can be a cumbersome process.
The GST collection in February grew 12.5 per cent to over Rs 1.68 lakh crore, buoyed by domestic transactions, the finance ministry said on Friday. The total gross GST collection for the current fiscal (April 2023-February 2024) stands at Rs 18.40 lakh crore, 11.7 per cent higher than the mopup for the same period last fiscal.
In need of a victory to firm-up their position in the IPL play-offs race, Chennai Super Kings have the heavy task of nullifying a deeply hurt and frustrated Rajasthan Royals in Chennai on Sunday.
Notwithstanding robust volume growth and a strong performance from Jaguar Land Rover (JLR), Tata Motors, the country's second-largest automobile (auto) manufacturer by market capitalisation, disappointed the Street with its January-March quarter (Q4) results for 2023-24 (FY24). While consolidated revenues saw a 13 per cent increase, lower-than-expected realisations in the Indian operations weighed down overall performance.
Rinku Singh credits Gautam Gambhir for Sunil Narine's transformation as 'specialist opener'
'It is necessary to have a person at the top who can make strict decisions without hesitation. Modiji has done that.'
Test cricket will see two players featuring in their 100th game together for only the fourth time when India off-spinner Ravichandran Ashwin and England batter Jonny Bairstow take the field in Dharamsala on Thursday.
Delhi and Punjab are ruled by the AAP and these are the only two states that have free electricity supply, he said.
In Phase 6, indications are that the BJP, which is defending 40 seats, will lose in double digits and gain in single digits. Not good, if you are the ruling party scrambling to earn a working majority, with just one phase left to go, argues Prem Panicker.
Manufacturers of electric vehicles (EVs) have been lukewarm to the ad hoc subsidy scheme announced by the Centre for them. Sector majors have not been enthused by the lower level of incentives in the scheme, which has replaced the flagship Faster Adoption and Manufacturing of Electric (and Hybrid) Vehicles-II. Moreover, increased stringency in claiming subsidies and delays in disbursement have been cited by several original equipment manufacturers (OEMs).
'It is important to understand that the disability is not in the person.' 'The problem lies in societal attitude and the discriminatory treatment given to disabled people in our country.'
R Ashwin is always up for a challenge and two days from his landmark 100th Test, India's premier off-spinner looked back at the on-field battles he has enjoyed in international and domestic cricket.
The Indian women's team came from behind to beat Spain 3-2 in its final group game and progressed to the knockout phase.
Bengal veteran Abhimanyu Easwaran was on Saturday named captain of a 13-member India A squad for the upcoming four-day match against visiting England Lions which will be preceded by a warm-up fixture.
Images from the IPL 2024 match between Rajasthan Royals and Lucknow Super Giants at the Sawai Mansingh Stadium in Jaipur on Sunday.
From its lows this month, the stock of Sona BLW Precision Forgings is up 10 per cent on better-than-expected results. The stock rose by 4 per cent in the trading session on Tuesday after Japan's Nikkei Group said the Indian automotive component major has topped its rankings in terms of competitive advantage. The rankings are based on sales, profit margin, capital expenditure, research and development, and market capitalisation.
In FY23, Indian operations accounted for 41.6 per cent of the consolidated revenue of India's top five multinationals, up from 34 per cent in FY18 and 33.2 per cent and 34.2 per cent in FY21.
Ashwin is the only Indian to score a century and bag a five-wicket in a single Test. He has achieved this feat on three occasions.
Kevin de Bruyne struck twice to inspire Manchester City to a dominant 4-2 win at Crystal Palace on Saturday and move the champions level on points with Liverpool at the top of the Premier League table.
Along with offering a trophy and spot in the tennis history books, the four Grand Slams also provide serious financial incentive for would-be champions.
The year was 2014. A small boy in his teens stood in front of Noida's most famous cricket coach Phool Chand's office room, and there was no parent accompanying him.
The slowdown in private consumption in the economy is taking a toll on the growth of fast-moving consumer goods (FMCG). The net sales growth of listed FMCG companies hit a 14-quarter low of 2.5 per cent in October-December 2023 (Q3FY24). This is the lowest revenue growth for the industry since the June 2020 quarter, when the FMCG firms in the Business Standard sample had reported a 13.2 per cent Y-o-Y decline in combined net sales owing to the lockdown.
Maruti recorded a 13.12% year-on-year surge in average revenue earned per car in 2023 compared to M&M's 7.56%, Hyundai's 6.76% and Tata Motors' 1.88%.
Twenty-year-old Conor Bradley scored his first goal for Liverpool and claimed two assists as Juergen Klopp's team moved five points clear at the top
India will go unrepresented in five categories at the upcoming Zagreb Open in Croatia as Bajrang Punia, Antim Panghal and three others didn't give consent for their selection to the ad-hoc panel that announced a 13-member team on Tuesday.
Both Sen and Srikanth are fighting to be inside the top 16 by April 28 next year to qualify for the Paris Olympics.
Telugu Desam Party supremo N Chandrababu Naidu reached his house in Undavalli in Amaravati early on Wednesday after being released on bail in the Skill Development Corporation scam case.
In a 73-minute battle, Ayush, who hails from Sanoor near Karkala in Karnataka, showed his grit as he recovered from a game down to outwit his Indonesian opponent.
Adani group companies have reported a 13.7 per cent rise in cash reserve to Rs 45,895 crore in the first half of the current fiscal as earnings across the business rose while debt was almost unchanged. In the half-year credit performance report, Adani said while EBITDA rose to Rs 71,253 crore in April-September this fiscal from Rs 57,219 crore a year back, gross assets increased 6 per cent to about Rs 4.5 lakh crore. Gross debt was almost unchanged at Rs 2.26 lakh crore, but after considering cash reserves, the net debt at Rs 1.80 lakh crore was 3.6 per cent less than Rs 1.87 lakh crore in April-September 2022.
The four young men from Chittur in Palakkad district who died in a car accident in Jammu and Kashmir on December 5 are remembered by their village as 'hardworking youth' who used to go on such trips everywhere.
Jia Min was happy to execute her plan but acknowledged that her opponent was not at her best shape.
Sales of apparel were a mixed bag this festive season while those of consumer durables saw an uptick with mobiles, laptops, and air conditioners being in demand. In apparel, Tier-2 and -3 markets did better for some brands, because these have been witnessing an uptick for the past 18-20 months compared to metros. "The past two weeks have been good, and we saw a 13 per cent increase in value sales, and volume sales have also been similar," Manish Kapoor, managing director (MD) and chief executive officer (CEO), Pepe Jeans
Priyanshu Rajawat suffered a 13-21, 14-21, loss to Japan's Kanta Tsuneyama, while Aakarshi Kashyap went down 18-21, 10-21 to German Yvonne Li.
The Indonesian had defeated Sindhu twice in the last three meetings this year, including one at the Madrid Spain Masters final, though the Indian came into the match with an overall 8-2 head-to-head record.
Earlier in the day, the Indian women's table tennis team of Diya Parag Chitale, Ayhika Mukherjee and Sutirtha Mukherjee scripted a facile 3-0 victory over Nepal.
'It wasn't a happy time for us because Ibrahim was just three and we were very fond of the children. Tiger was really fond of Ibrahim and he would say, "That's a good lad." He didn't get that time with him. So we felt doubly deprived to lose Amrita and lose the two kids.
The 31-year-old also led Australia to a Commonwealth Games gold medal last year and is the country's leading run getter across formats
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