Brokerages expect Nifty50 companies to have cumulatively witnessed strong double-digit growth in their earnings in the first quarter of FY24 (Q1FY24). This growth in the combined earnings is expected to have been driven by banks, automakers, and oil & gas companies. Other sectors may report muted profit growth.
The 34-year-old TMC national general secretary was seen entering the new office of the central probe agency in central Delhi around 11 am.
The government is keen to amend the MMDR Act for transparency in the mining sector.
Suspended Jharkhand IAS officer Pooja Singhal was paid "commission" by subordinate staff from MGNREGA funds of Khunti district which she and her husband subsequently utilised for acquiring various properties, the Enforcement Directorate (ED) claimed in a statement on Wednesday.
Bokhiria along with former Congress MP Bharat Odedara, alleged gangster Bhima Dula Odedara, who is behind the bars in a murder case, and his son Lakshman Dula Odedara, who is chairman of Porbandar marketing yard, were sentenced to three years imprisonment and fined Rs 5,000 each.
Delhi Police on Monday arrested one of National Investigation Agency's (NIA) most wanted terrorists Mohammad Shahnawaz Alam and his two associates who were part of an Inter-Services Intelligence (ISI)-sponsored module 'disguised' as an Islamic State (IS) module and seized incriminating material, including those suspected to be used in an improvised explosive device (IED) fabrication, officials said.
A Bengaluru court on Wednesday reserved orders on the anticipatory bail applications of former Karnataka chief minister B S Yeddyurappa and his family members apprehending arrest in the illegal mining case registered by the Central Bureau of Investigation against them.
A Central Bureau of Investigation court in Bangalore on Tuesday adjourned to June 1 hearing on the anticipatory bail petitions of former Karnataka chief minister B S Yeddyurappa and his kin who apprehended arrest in an illegal mining case.
The central agency asked Banerjee to appear at its Kolkata office on Friday morning, he said.
Relieved by the Karnataka high court order quashing the FIR against him in an illegal mining case, B S Yeddyurappa on Wednesday pinned hopes on the Bharatiya Janata Party central leadership to render "justice" to him, indicating a renewed bid for his reinstatement as chief minister.
Jharkhand Chief Minister Hemant Soren on Thursday alleged blatant misuse of constitutional authorities and public agencies after reports claimed that the Election Commission recommended his disqualification as an MLA in the mining lease case.
Disillusioned with the 'politics' in South African cricket administration, Brian McMillan decided to stay away from the game.
The Karnataka high court on Thursday issued notice to the Central Bureau of Investigation on the anticipatory bail petitions filed by former Chief Minister B S Yeddyurappa and his family members in the illegal mining case.
In a surprise move, a complainant who had challenged Karnataka high court's move to quash the FIR against former Chief Minister B S Yeddyurappa in the alleged illegal mining case, Monday withdrew his appeal in the Supreme Court.
In a renewed bid to get the party to reinstate him, former Chief Minister of Karnataka B S Yeddyurappa has decided to move his members of Legislative Assembly to a resort on Monday.
According to the police, one of the accused had made IEDs and later tested them at several places in Delhi, Rajasthan and Haldwani in Uttarakhand.
India's corporate sector is likely to report a slowdown in revenue growth and earnings for the July-September 2023 period (Q2FY24), according to earnings estimates by brokerages, after the country's top listed companies posted higher than expected profits for the first quarter. The combined net profit of Nifty50 companies, based on brokerage estimates, is expected to have grown by 19.6 per cent year-on-year (Y-o-Y) to Rs 1.75 trillion in Q2FY24 - a sharp deceleration from 37.6 per cent Y-o-Y growth in the combined earnings of index companies in the April-June 2023 period. According to estimates, the combined earnings in the second quarter would be down 8.8 per cent on a quarter-on-quarter (Q-o-Q) basis and the lowest in the past three quarters.
Odisha's Health Minister Naba Kishore Das, a confidant of the chief minister, was shot and grievously injured when he got out of his car on Sunday, allegedly by a police officer who was captured, officials said.
Billionaire Anil Agarwal's mining group Vedanta on Monday said it has withdrawn cases in the Delhi high court as well as before an international arbitration tribunal to settle a Rs 20,495 crore retrospective tax dispute with the government. Post slapping of a Rs 10,247 crore tax demand on UK's Cairn Energy Plc for alleged capital gains made on a 2016 internal reorganisation prior to the listing of its India business, the Income Tax Department had sought Rs 20,495 crore in taxes (including penalty) from Cairn India for failing to deduct tax on capital gains made by its British parent. Cairn India was in 2011 bought by Agarwal's group and subsequently, the firm was merged with Vedanta Ltd.
Dissident Congress leader Sachin Pilot began a 125-km foot march from Ajmer to Jaipur on Thursday, challenging Chief Minister Ashok Gehlot and the party's top brass as assembly elections in Rajasthan approach.
Former Karnataka Chief Minister B S Yeddyurappa will be in New Delhi on March 12 and will seek his reinstatement as CM of Karnataka.
Banerjee, the 34-year-old nephew of West Bengal Chief Minister Mamata Banerjee, is stated to have sent an email to the investigating officer of the case citing some personal reasons for his non-appearance.
Blind's drab narrative has no place for emotions or edge. Its prolonged cat-and-mouse game goes on and on till it arrives at its (literally) eye-popping conclusion, notes Sukanya Verma.
The Lafarge mining case has highlighted the appalling weakness of the environmental clearance procedures at all levels, writes Latha Jishnu.
'For no other leader of India do so many people turn up for an event every year without invitation.'
Andhra Pradesh Director General of Police V Dinesh Reddy, against whom the Supreme Court has ordered a Central Bureau of Investigation probe in regards to his alleged assets, has said that the assets under investigation have nothing to do with him or his family.
The Enforcement Directorate on Wednesday said it has arrested two persons in Chennai for alleged illegal exchange of Rs 6 crore in old notes "in connivance with" sand-mining baron J Sekhar Reddy as part of its money laundering probe post demonetisation.
It also promised financial assistance of Rs 24,000 annually to all dependent widows and single mothers, two free LPG cylinders to all the beneficiaries of the PM Ujjwala Yojana and 24x7 power supply.
The ruling Congress is seeking to retain power in Chhattisgarh by banking on the welfare schemes of the Bhupesh Baghel government, while the Bharatiya Janata Party is hoping to corner it on the issues of alleged corruption, religious conversions and unfulfilled poll promises.
This tangled tale of good versus evil could have been far more intriguing, observes Mayur Sanap.
'Inter-ministerial coordination, information on the proposed PSUs, and due diligence are taking longer than expected to conclude the process.'
The Enforcement Directorate (ED) has summoned West Bengal Chief Minister Mamata Banerjee's nephew and Trinamool Congress MP Abhishek Banerjee and his wife for questioning in a money laundering case linked to an alleged coal scam in the state, officials said on Saturday.
'They have so much to battle every hour but they still have a smile on their faces. At times, they stumble and fall but they get up and continue their struggle. Their resilience is what I love about them. That's what inspires me as an actor to keep moving. They don't stop. Neither do I.'
After a lot of stormy talk-session with his party high command, acting Chief Minister of Karnataka B S Yeddyurappa, who stepped down from his post, was eventually done in by the Lokayukta's report on illegal mining. Vicky Nanjappa explains the exact case against the chief minister, which forced the top leadership of the Bharatiya Janata Party to seek his resignation.
After a lot of stormy talk-session with his party high command, acting Chief Minister of Karnataka B S Yeddyurappa, who stepped down from his post, was eventually done in by the Lokayukta's report on illegal mining. Vicky Nanjappa explains the exact case against the chief minister, which forced the top leadership of the Bharatiya Janata Party to seek his resignation.
'Switching loyalty from one party to another is completely unfair as it devalues my vote.'
The monthly electricity bills of the majority of domestic consumers in Delhi -- who use more than 200 units and up to 600 units -- will be hiked by up to Rs 265 due to an increase in the power purchase adjustment cost (PPAC) levied by discoms in the city, officials said on Monday.
The ED had earlier claimed that Abhishek Banerjee was a beneficiary of funds obtained from this illegal trade.
The Central Bureau of Investigation has registered three separate cases against senior officials of Northern Coalfields Limited, a mini-ratna company and a major subsidiary of the Coal India Limited at Singrauli, in connection with alleged corruption cases related to procurement of mining equipment and financial irregularities.
