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Paytm shares plunge 5% as COO Bhavesh Gupta resigns
One 97 Communications Ltd., the parent company of Paytm, witnessed a significant 5% drop in share prices on Monday.
India's service sector shows highest growth in over a decade
Despite a slight dip in April, India's service sector continues to exhibit robust growth, driven by strong demand.
Cryptocurrency prices today: Check rates of Bitcoin, Ethereum, Dogecoin, Solana
Bitcoin has surged 1.22% in the past 24 hours to trade at $64,098.23. It is 2.38% up compared to last week.
India's metallurgical coal imports from Russia surge nearly threefold
India has seen a significant rise in its metallurgical coal imports from Russia over the past three fiscal years (FY), reaching approximately 15.1 million tons in 2023-24.
M&M Finance reports 10% drop in Q4 FY24 net profit
Mahindra & Mahindra Financial Services (M&M Finance), a prominent non-banking financial company, has reported a 10% year-on-year (YoY) decrease in its net profit for the fourth quarter of FY24.
Warren Buffett's Berkshire Hathaway eyes investment opportunities in India
Warren Buffett, CEO of Berkshire Hathaway, has recognized India as a land of 'unexplored opportunities.'
RBI data shows significant surge in housing sector credit
The Reserve Bank of India (RBI) has reported a substantial increase in credit outstanding to the housing sector.
Muthoot Finance's subsidiary files ₹1,300 crore IPO papers with SEBI
Belstar Microfinance Ltd, a subsidiary of Muthoot Finance, has filed its initial public offering (IPO) papers with the Securities and Exchange Board of India (SEBI).
Market cap of 6 major companies declined by ₹68,400 crore
Last week, six out of the 10 most valued firms experienced a significant decrease in their combined market valuation by ₹68,417.14 crore.
Cryptocurrency prices today: Check rates of Tether, Bitcoin, Ethereum, Dogecoin
Bitcoin has gone up by 0.50% in the past 24 hours to now trade at $63,367.18. Compared to last week, it is 0.71% down.
Paytm President Bhavesh Gupta steps down ahead of Q4 results
Bhavesh Gupta, the President and Chief Operating Officer (COO) of mobile payments giant Paytm, has resigned due to personal reasons.
IDBI Bank reports 44% surge in Q4 net profit
IDBI Bank, a prominent private sector lender, has reported a significant 44% increase in its net profit, for the fourth quarter of the fiscal year 2023-24.
BHIM planning to dive into e-commerce sector via ONDC
The Bharat Interface for Money (BHIM), a government-supported payment application, is set to venture into the e-commerce sector.
Kotak Mahindra Bank announces 17% net profit increase in Q4
Kotak Mahindra Bank, a prominent private sector lender, has reported a 16.88% year-on-year (YoY) rise in its consolidated net profit for the first quarter of the year.
Cryptocurrency prices today: Check rates of Bitcoin, Tether, Ethereum, Dogecoin
Bitcoin has surged by 6.08% in the past 24 hours to now trade at $63,130.61. It is 0.38% up in comparison to last week.
Luminar announces 20% reduction in workforce, shifts LiDAR production
LiDAR technology leader, Luminar, has announced a 20% reduction in its workforce as part of a strategic restructuring plan.
Adani Green's Q4 profit plummets 70% to ₹150 crore
Gautam Adani's Adani Green Energy has reported a significant 70% year-on-year (YoY) decrease in its consolidated net profit for the quarter ending March 2024, falling to ₹150 crore.
Sensex slips to 73,878 points, Nifty settles at 22,475 mark
Indian stock market's benchmark Sensex and Nifty indices witnessed a slump on Friday.
SEBI issues show-cause notices to six Adani Group companies
The Securities and Exchange Board of India (SEBI) has issued show-cause notices to six companies of the Adani Group.
Cryptocurrency prices today: Check rates of Bitcoin, Ethereum, Dogecoin, Solana
Bitcoin has risen 3.85% over the last 24 hours to trade at $59,596.73. It is down 7.63% from last week.
Apple announces record $110B buyback as Q2 results meet expectations
Apple has announced a record-breaking $110 billion share buyback, marking a 22% increase from last year's $90 billion authorization.
Adani Enterprises's Q4 net profit declines 38% to ₹451 crore
Gautam Adani-led Adani Enterprises has announced a significant 38% year-on-year decrease in its consolidated net profit for the fourth quarter ending March 2024.
Sensex crosses 74,600 mark, Nifty settles below 22,650
The stock market on Thursday ended on a sluggish note but in the green.
RBI's interest rate cut expectations pushed back to late 2024
A recent survey conducted by Bloomberg indicates that the Reserve Bank of India (RBI) may postpone its planned interest rate cut until the last quarter of 2024.
Adani Ports's Q4 profit surges 76% to ₹2,040 crore
Adani Ports and Special Economic Zone Limited (APSEZ) has reported a significant 76% increase in its consolidated net profit for the quarter ending March 31, 2024.
Freshworks CEO Girish Mathrubootham steps down, Dennis Woodside takes over
Girish Mathrubootham, the driving force behind NASDAQ-listed SaaS company Freshworks, has stepped down as CEO.
Cryptocurrency prices: Here are rates of Bitcoin, Ethereum, Dogecoin, Tether
Bitcoin has shed 4.54% over the last 24 hours, trading at $57,439.01. It is 10.69% lower than previous week.
NCLT issues notice in BYJU'S insolvency case initiated by OPPO
The National Company Law Tribunal (NCLT) in Bengaluru has issued a notice regarding an insolvency plea against ed-tech giant BYJU'S, initiated by mobile phone manufacturer OPPO.
J&J proposes to settle talc cancer lawsuits for $6.5 billion
Johnson & Johnson has proposed a $6.475 billion settlement to resolve numerous lawsuits, alleging that its talc-based products, including baby powder, contain asbestos and have caused ovarian cancer in users.
Silicon Valley giants back start-up that pumps poop below ground
Silicon Valley's leading tech companies have invested $58.3 million in Vaulted Deep, a climate change start-up.
Adani Wilmar's Q4 net profit surges 59% to ₹156 crore
Adani Wilmar, a joint venture between Adani Enterprises and Wilmar International, has reported a significant 59% increase in its standalone net profit for the quarter ending March 31, 2024.
Ambuja Cements's Q4 profit soars 64% to ₹1,055 crore
Ambuja Cements, owned by Gautam Adani, has reported a significant 64% increase in its consolidated net profit for the March quarter, amounting to ₹1,055 crore.
FirstCry CEO's monthly salary drops by 49% to ₹8.6 crore
Supam Maheshwari, the founder and CEO of FirstCry, has experienced a significant reduction in his monthly salary.
GST collections reach record high of ₹2.1L crore in April
India's Goods and Services Tax (GST) collections reached an all-time high in April 2024, with gross collections amounting to ₹2.1 lakh crore.
Cryptocurrency prices today: Check rates of Bitcoin, Ethereum, Solana, Polygon
Bitcoin has shed 5.73% over the last 24 hours, trading at $59,760.48. It is 10.49% lower than previous week.
Amazon reports $143.3B revenue in Q1, beats market expectations
Amazon's first quarter earnings and revenue have surpassed Wall Street's predictions, largely due to a surge in advertising and cloud computing.
Godrej family splits 127-year-old conglomerate: Know who gets what
The influential Godrej family has announced a significant restructuring of their shareholding within the group.
Paramount Global CEO Bob Bakish steps down amid acquisition talks
In a significant development, Paramount Global has announced that its CEO, Bob Bakish, is stepping down.
Indian Oil's Q4 profits falls 49% to ₹5,488 crore
Indian Oil Corporation Limited (IOCL) has reported a significant 49% drop in its consolidated net profit for the fourth quarter of the fiscal year 2023-24.
Sensex closes at 74,482 points, Nifty settles above 22,600 mark
The stock market closed on a negative note on Tuesday.