Canara Bank profit jumps 18 pc to Rs 3,757 cr in Q4

New Delhi, May 8 (UNI) Public sector lender Canara Bank on Wednesday reported 18.34% year-on-year rise in standalone net profit at Rs 3,757.23 crore for January-March quarter (Q4) of financial year 2023-24.
The bank had posted a profit of Rs 3....

PolicyBoss.com launches Liver Brokerage & InstaPay features

New Delhi, May 8 (UNI) PolicyBoss.com, a new-age insurance solutions provider, Wednesday launched two innovative features - Live Brokerage and InstaPay.
With these features, Point of Sales Persons (PoSPs) registered with the company can get....

Toyota logs record net profit in fiscal 2023

Tokyo, May 8 (UNI) Toyota Motor Corp. said Wednesday it saw a record net profit of 4.94 trillion yen (31.82 billion U.S. dollars) for the fiscal year of 2023, citing robust demand and the yen's depreciation.
The figure doubled from the....

Rupee rises against USD

Mumbai, May 8 (UNI) The Rupee on Wednesday rose marginally by one paisa at 83.50
against USD in opening session on selling of US Dollar by bankers and exporters, dealers at the Foreign Exchange said.
The Rupee recorded intra days....

Sensex drops over 300 pts

Mumbai, May 8 (UNI) The BSE Sensex on Wednesday lost another 365 pts at 73,145 in opening session as renewed selling was seen in FMCG, Health Care and Industrials stocks.
The National Stock Exchange (NSE) declined 106.05 pts at 22,196....

New Delhi, May 7 (UNI) Leading pharma company Dr Reddy’s Laboratories on Tuesday announced 36 per cent jump in net profit at Rs 1307 crore during fourth quarter (January-March) of financial year 2023-24 compared to Rs 959.2 crore in the same quarter....

YES BANK, global co EBANX announce partnership for payment processing in India

New Delhi, May 7 (UNI) India's private sector bank YES BANK, and EBANX, a global fintech company specialised in payment solutions for emerging markets, on Tuesday announced a strategic partnership for payment processing in India, for the global....

Agri Startup Hectar Global expands into Bangladesh

Chennai, May 7 (UNI) B2B cross-border agri-trade startup Hectar Global today announced its strategic expansion into the Bangladesh market to strengthen its downstream trade capabilities.
The move is in line with Hectar’s global expansion....

Shyam Metalics Group commences operation at recently acquired Ramsarup Plant

Kolkata, May 07 (UNI) Shyam Metalics and Energy Ltd, the metals manufacturing company, has announced the commencement of operation at recently acquired Ramsarup plant following its indirect acquisition through its wholly owned subsidiary Shyam Sel....

Indian stock market bleeds; Sensex plunges over 383 points

Mumbai, May 7 (UNI) Snubbing the rally in the foreign bourses, India’s stock market plunged nearly 400 points as the 30-share sensex ended at 73511.85 for the day, down 383.69 points from previous close.
Foreign Institutional....

Jindal Stainless supplies spl alloy steel in DRDO’s SMART system for Navy

New Delhi, May 7 (UNI) Integrated steel maker Jindal Stainless on Tuesday said it has developed a specialized 3mm special alloy steel to be used for structural application in the Supersonic Missile – Assisted Release of Torpedo (SMART) system, aimed....

Rural FMCG market outgrows urban in Q1 of 2024: NielsenIQ

New Delhi, May 7 (UNI) India's fast-moving consumer goods (FMCG) sector saw rural markets outshining urban growth for the first time in five quarters during January-March quarter (Q1) of calendar year 2024, leading consumer intelligence company....

Rupee falls 2 paise against USD

Mumbai, May 7 (UNI) The Rupee on Tuesday declined 2 paise to close at 83.51 against the USD on rising demand for US Dollar by bankers and importers, dealers at the Foreign exchange said.
No major fluctuation was seen during the day as the....

Sensex down 383.69 pts

Mumbai, May 7 (UNI) The BSE Sensex on Tuesday dropped 383.69 pts to settle down 73511.85 as selling was seen in Metal, Realty, Power and Oil and Gas stocks despite firm global market amid hope's of rate cuts this year.
The National....

Route Mobile Limited announces Q4 FY24 & FY24 results

New Delhi, May 7 (UNI) Route Mobile Limited (“Route Mobile”), a leading cloud communication platform service provider to enterprises, over-the-top (“OTT”) players, and mobile network operators, has announced its financial results for the fourth....