May 3, 2024

MRPL Q4 net profit slumps 40%, company declares dividend of ₹2

Mangalore Refinery and Petrochemicals Ltd (MRPL) on Friday (May 3) reported a 40.5% year-on-year (YoY) decline in net profit at ₹1,138.5 crore for the fourth quarter […]
May 3, 2024

AMD set to fuel growing demand for AI compute, says CTO

Chipmaker AMD is poised to power the surging demand for AI compute with its wide range of product portfolio, the company’s Chief Technology Officer Mark Papermaster said on […]
May 3, 2024

HCL Tech, Cisco launch ‘Pervasive Wireless Mobility as-a-Service’ for secured connectivity across enterprises

IT services company HCL Technologies and network giant Cisco have announced the launch of ‘Pervasive Wireless Mobility as-a-Service that brings secured and seamless enterprise-wide connectivity for […]
May 3, 2024

Raymond board approves reappoint of Gautam Singhania as MD, despite corporate governance allegations

Textiles to engineering conglomerate Raymond’s board has reappointed Gautam Singhania, who is embroiled in a divorce battle with his wife Nawaz Modi Singhania,  as managing director […]
May 3, 2024

Adani Green Energy net down 39%

Adani Green Energy, the renewable energy arm of Adani group, posted a 39% drop in its profit in Q4FY24 at Rs 310 crore as compared to […]
May 3, 2024

Titan Q4 results: Net profit up 7% on year; announces dividend of Rs 11/share

Titan, a Tata Group company, announced its net profit for Q4 FY24 standing at Rs 786 crore, an increase of 7% year-on-year, compared to Rs 734 […]
May 3, 2024

Refined sunflower oil volumes to drop by 8-10% in 2025, said CRISIL

Indian refined sunflower oil volumes are estimated to decline by 8-10 per cent in fiscal 2025, said a report by CRISIL Ratings. This, it added, is […]
May 3, 2024

Why is Nifty 50 witnessing series of retracements after touching record highs?

Stock market today: Continuing its upward trajectory from Thursday, the Indian stock market experienced a significant rally in early morning trading as the Nifty 50 reached a new milestone […]
May 3, 2024

Foreign funds can issue participatory notes to investors, India’s GIFT regulator say

Foreign funds registered with India’s markets regulator and with operations at GIFT City can issue so-called participatory notes, the financial services regulator at GIFT said late […]