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New Delhi, Apr 7 (PTI) Domestic revenue of Jubilant Foodworks Ltd (JFL), the country's leading QSR chain operator, was up 6.2 per cent to Rs 1,686 crore in March quarter of 2025-26 fiscal year. For the full fiscal, revenue was at Rs 6,887.8 crore, said the Bhartiya family-promoted firm, which has franchise rights for global QSR brand as Domino's, Popeyes. Consolidated revenue, which includes income from international operations, came in at Rs 2,505.8 crore in March quarter, up 19.1 per cent ye ...Read More >
New Delhi, Apr 6 (PTI) Silver prices jumped Rs 5,000 to Rs 2.42 lakh per kilogram in the national capital on Monday, while gold advanced to Rs 1.53 lakh per 10 grams due to easing crude oil rates and a weak US dollar. According to the All India Sarafa Association, the white metal appreciated by Rs 5,000, or 2.11 per cent, to Rs 2,42,000 per kg (inclusive of all taxes) from Friday's closing level of Rs 2,37,000 per kg. Gold of 99.9 per cent purity also advanced by Rs 2,300, or 1.52 per cent, to ...Read More >
New Delhi, Apr 5 (PTI) State-owned India Infrastructure Finance Company Ltd (IIFCL) is aiming to double its exposure in Infrastructure Investment Trusts (InvITs) to Rs 6,000 crore during the ongoing fiscal year as part of its investment diversification strategy. IIFCL has exposure of about Rs 3,000 crore across nine InvITs as of March 31, 2026. "We hope to double our investment in InvITs during the current financial year. It should reach Rs 6,000 crore by the end of March 2027," IIFCL MD Rohit ...Read More >
Mumbai, Mar 30 (PTI) Bank credit to industry grew at faster pace of 13.5 per cent on the fortnight ending February 28, compared with 7.5 per cent in the year-ago period, according to the RBI data released on Monday. The buoyant growth is majorly driven by higher growth in 'infrastructure', 'all engineering', 'chemicals and chemical products', 'petroleum, coal products and nuclear fuels' and 'textiles', said the Reserve Bank of India (RBI). The RBI has released data on sectoral deployment of ba ...Read More >
New Delhi, Dec 17 (PTI) Biopharmaceutical firm Bristol Myers Squibb (BMS) and IT services company Accenture on Wednesday announced the opening of a new AI-powered content hub, Mosaic, in Mumbai. The generative AI-enabled facility is designed to accelerate BMS's global commercialisation strategy through enhanced digital capabilities, enabling the rapid creation of hyper-personalised, patient-centric content tailored for healthcare professionals, according to a joint statement. The launch of Mos ...Read More >
New Delhi, Dec 16 (PTI) Crude oil futures on Tuesday declined Rs 2 to Rs 5,158 per barrel as participants trimmed their positions amid weak demand in the spot market. On the Multi Commodity Exchange, crude oil for January delivery fell Rs 2 or 0.04 per cent to Rs 5,158 per barrel in 11,315 lots. Analysts said the prices fell after participants offloaded their holdings amid weak demand in the spot market. Globally, West Texas Intermediate crude oil was trading 0.76 per cent lower at USD 56.39 ...Read More >
New Delhi, Oct 16 (PTI) Quick commerce major Zepto on Thursday said that it has raised USD 450 million (about Rs 3,757.5 crore) in a funding round led by the California Public Employees' Retirement System (CalPERS) at a valuation of USD 7 billion. The funding comes nearly a year after its USD 350 million funding round in November last year, which valued the firm at USD 5 billion. "We've closed nearly USD 450 million, and most of that is primary. The valuation of the company was USD 7 billion b ...Read More >
Mumbai, Oct 16 (PTI) Equity markets ended sharply higher on Thursday, with the benchmark Sensex rising 862.23 points and the Nifty scaling 25,585.30 level, tracking a rally in global markets amid US Fed rate cut hopes. Fresh foreign fund inflows also added to the markets' optimism. The 30-share BSE Sensex jumped 862.23 points or 1.04 per cent to settle at 83,467.66. During the day, it zoomed 1,010.05 points or 1.22 per cent to 83,615.48. The 50-share NSE Nifty surged 261.75 points or 1.03 per ...Read More >
New Delhi, Oct 16 (PTI) Mobile entertainment app Kuku has raised USD 85 million in a funding round led by Granite Asia, previously known as GGV Capital, a top company official said on Thursday. Vertex Growth Fund, Krafton, IFC, Paramark, Tribe Capital India, and Bitkraft also participated in the funding round. Kuku, Founder and CEO, Lal Chand Bisu, told PTI that the fund will be mainly invested in content creation and building tools to support creators and storytelling. "We have raised USD 85 ...Read More >
New Delhi, Oct 1 (PTI) State-owned IREDA has sanctioned loans worth Rs 33,148 crore in April-September FY26, up 86 per cent from Rs 17,860 crore in the same period a year ago. In a statement on Wednesday, the company said its loan disbursements have also recorded healthy growth of 54 per cent to Rs 15,043 crore, up from Rs 9,787 crore in H1 of FY 2024-25. The company's outstanding loan book stood at Rs 84,445 crore as on September 30, 2025, reflecting a 31 per cent increase over Rs 64,564 cror ...Read More >
New Delhi, Oct 1 (PTI) Six companies, including Vedanta Group firm Sterlite Electric, Rays Power Infra and Augmont Enterprises, have filed preliminary papers with markets regulator Sebi to raise funds through initial public offerings (IPOs). Rotomag Enertec, Oswal Cables and Pride Hotels have also approached Sebi with their respective draft papers. All six proposed issues will be a mix of fresh issues of equity shares and an offer for sale (OFS), according to their draft red herring prospectus ...Read More >
Explore India's FTA with EFTA: USD 100 billion investment, 1 million jobs, tariff reductions, and benefits for key sectors. New Delhi, Oct 1 (PTI) India's free trade agreement (FTA) with four European nation bloc European Free Trade Association (EFTA) comes into effect. It is aimed at boosting two-way commerce and investments. The EFTA members are Iceland, Liechtenstein, Norway, and Switzerland. It was signed on March 10, 2024. * What is an FTA? It is an arrangement between two or more count ...Read More >
Mangaluru, Sep 30 (PTI) Tuesday's areca and coconut prices. Areca (per quintal) Old Supari : Rs 36,000 to Rs 53,000, model Rs 44,500. New Supari : Rs 36,000 to Rs 49,000, model Rs 42,500. Koka : Rs 25,000 to Rs 28,000 model Rs 26,500. Coconut (per thousand) 1st quality: Rs 32,000 to Rs 42,000 model Rs 36,000. 2nd quality: Rs 28,000 to Rs 40,000 model Rs 35,000. ...Read More >
New Delhi, Sep 30 (PTI) Shares of payments solutions provider Seshaasai Technologies Ltd on Tuesday climbed 3 per cent in market debut trade over the issue price of Rs 423. The stock listed at Rs 436, up 3.07 per cent from the issue price on the BSE. At the NSE, it started trading at Rs 432, up 2.12 per cent. The company's market valuation stood at Rs 6,747.30 crore. The Rs 813-crore Initial Public Offering (IPO) of Seshaasai Technologies Ltd received 68.13 times subscription on the last day ...Read More >
New Delhi, Sep 29 (PTI) Commerce and Industry Minister Piyush Goyal and his team have shifted from WhatsApp to homegrown Arattai messaging platform, a move aimed at promoting the Made in India and swadeshi initiative of the government. WhatsApp is owned by US-based Meta (formerly known as Facebook). "Nothing beats the feeling of using a #Swadeshi product. So proud to be on @Arattai, a #MadeInIndia messaging platform that brings India closer," Goyal said in a post on X. "My team and I are on b ...Read More >
New Delhi, Sep 24 (PTI) The red brick industry has urged the government to reduce GST rates to 5 per cent and remove the sector from the Special Composition Scheme. Currently, red bricks under the Special Composition Scheme attract 6 per cent GST and 12 per cent with ITC. The threshold for GST levy is Rs 20 lakh turnover. The new two-slab GST (Goods and Services Tax) structure of 5 per cent and 18 per cent has replaced the earlier four-rate duty regime following the GST Council's sweeping refo ...Read More >
Dehradun, Sep 23 (PTI) Chief Minister Pushkar Singh Dhami on Tuesday said Uttarakhand has become a revenue-surplus state due to its good governance policies. Uttarakhand recorded a revenue surplus of Rs 5,310 crore in 2022-23, according to a recent report by the Comptroller and Auditor General of India (CAG). The state has joined the list of 16 states that have recorded a revenue surplus during 2022-23. "Inspired by Prime Minister Narendra Modi's commitment to a 'developed India,' we have tak ...Read More >
New Delhi, Sep 16 (PTI) Vedanta Resources CEO Deshnee Naidoo on Tuesday exuded optimism that the demerger of its Indian arm Vedanta will be completed in the current financial year and stressed that her focus at present is on the restructuring of the company. The National Company Law Tribunal (NCLT) on Wednesday will hear Vedanta Ltd's proposed demerger of key business verticals into separate entities. "Yes, I'm very optimistic. I think for me the work right now is actually restructuring the or ...Read More >
New Delhi, Sep 15 (PTI) The inter-ministerial consultations for the Export Promotion Mission have concluded and the proposal will soon be sent to the Union Cabinet seeking its approval, sources said. The government is considering support measures worth about Rs 25,000 crore for exporters under the Export Promotion Mission, announced in the Budget, for six financial years (2025-2031), PTI had reported citing sources last month. The mission, if approved, can help insulate domestic exporters from ...Read More >
New Delhi, Sep 15 (PTI) Luxury carmaker Mercedes-Benz is looking to increase prices early next year in order to offset the impact of a weakened rupee against the euro, according to the company's MD and CEO Santosh Iyer. The automaker has already increased prices by around 3.5-4 per cent this year. "We are still priced around 93-94 to the euro, and the euro today is at 103 level, which means we will be forced to take further price increases, maybe early next year," Iyer told PTI in an interacti ...Read More >
New Delhi, Sep 14 (PTI) A Delhi-bound IndiGo aircraft, carrying over 150 people, aborted take-off at the Lucknow airport due to a technical issue on Saturday, according to a source. There were more than 150 people, including Samajwadi Party leader and Lok Sabha member Dimple Yadav, in the flight, the source added. An IndiGo aircraft operating the flight 6E2111 from Lucknow to Delhi aborted take-off on Saturday. A technical issue was noticed by the operating crew, when the aircraft was on the r ...Read More >
New Delhi, Aug 28 (PTI) As the 50 per cent tariffs imposed by the US come into effect, close to one-fourth of India's textile exports may be severely impacted in the next six months, with America being the largest export market for the country's apparel industry and exporters grappling with order cancellations, experts said on Thursday. However, the extension of duty-free import of cotton by three more months till December 31 is expected to bring some much-needed relief to the domestic textile ...Read More >
Surat (Gujarat) [India], August 21: KP Group, a leading name in India's renewable energy sector, is stepping up its expansion with a clear goal of reaching 10 GW capacity by 2030. With projects already underway in Gujarat, the Group is working on projects in Rajasthan, Madhya Pradesh, Odisha, Andhra Pradesh and Maharashtra, supported by a strong order book and government partnerships. KP Group has signed memoranda of understanding with Gujarat, Odisha, Rajasthan and Madhya Pradesh for over 2.6 ...Read More >
New Delhi, Aug 26 (PTI) Avadhut Sathe Trading Academy, which is facing Sebi scrutiny over allegations of misleading investors with stock tips disguised as education, on Tuesday said it is fully cooperating with the regulator and remains committed to providing any additional information or assistance sought. Avadhut Sathe Trading Academy is operated by financial influencer Avadhut Sathe. In its statement, the academy said, "We are fully cooperating with Sebi and remain committed to providing an ...Read More >
New Delhi, Aug 14 (PTI) Inox Wind on Thursday said its consolidated net profit more than doubled to Rs 97.34 crore in the June quarter compared to the year-ago period, mainly due to higher revenues. It had posted a consolidated net profit of Rs 41.59 crore in the year-ago period, a BSE filing showed. Total income rose to Rs 862.56 crore during the quarter from Rs 654.64 crore in the same period a year ago. Its order execution during the quarter increased to 146 MW, with order book at 3.1 GW. ...Read More >
Mandya (Karnataka) [India], July 19 (ANI): A vehicle in the convoy of Karnataka Deputy Chief Minister DK Shivakumar overturned on the Bengaluru-Mysuru Expressway near Mandya district on Saturday, leaving two police personnel injured. Shivakumar, who was following the escort vehicle in his own car, was unharmed in the incident, said officials. Also Read | Chandan Mishra Murder: 5 Held in West Bengal, Prime Suspects Manage to Flee, Say Police. The incident occurred near Goudahalli-T.M. Hosur wh ...Read More >
New Delhi, Jul 19 (PTI) The Indian box office minted Rs 5,723 crore in the first six months of 2025, marking a 14 per cent year-on-year growth, a new industry report has said. The 'India Box Office Report: Jan-Jun 2025', released by Ormax Media on Saturday, highlighted that 17 films crossed the Rs 100 crore mark at the domestic box office between January and June, an increase from just 10 titles that achieved the same feat during the first half of 2024. "The cumulative box office for Jan-Jun r ...Read More >
New Delhi, July 18 (SocialNews.XYZ) The All India Football Federation have congratulated Inter Kashi on being adjudged the I-League Champions following the decision by the Court of Arbitration for Sport (CAS). CAS has partially upheld an appeal by Inter Kashi Football Club (Inter Kashi FC) against Churchill Brothers FC Goa, Namdhari FC, Real Kashmir FC, and AIFF. CAS has ruled that the AIFF shall declare Inter Kashi FC as winners of the I-League 2024-25. After an unsuccessful first procedure i ...Read More >
New Delhi, Jul 18 (PTI) Hindustan Zinc Ltd (HZL) CEO Arun Misra on Friday rejected US short-seller Viceroy's allegation that Vedanta has violated the brand fee agreement with the government, saying that a due process was followed by the board. Viceroy Research in a recent report had alleged that Vedanta violated its agreement with the government with regard to collection of brand fee from HZL. "We are very clear in our approach. We take matters to board after due consultation, legal vetting... ...Read More >
MUMBAI: The Indian equity indices opened lower on Friday as heavyweights like Axis Bank and Bharti Airtel were among the top losers in the BSE benchmark. At 9.25 am, Sensex was down 171 points or 0.21 per cent at 82, 087 and Nifty was down 35 points or 0.14 per cent at 25, 075. In the Sensex pack, M&M, Tata Steel, Power Grid, L&T, UltraTech Cement, Infosys, Tata Motors, BEL, NTPC, TCS, Trent and Maruti Suzuki were top gainers. Axis Bank, Bharti Airtel, Kotak Mahindra Bank, Tech Mahindr ...Read More >
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