Economy

IRCTC’s net profit more than doubled during the January-March period to ₹214 crore: Dividend declared.

IRCTC’s net profit more than doubled during the January-March period to ₹214 crore: Dividend declared.

IRCTC's net profit more than doubled during the January-March period to ₹214 crore, compared with ₹104 crore in the corresponding period of last year. IRCTC, the catering and tourism arm of Indian Railways, reported 103% growth in revenue from operations to ₹691 crore in the fourth quarter as against ₹339 crore in the last year quarter. The company's board has recommended a dividend of ₹1.50 per share for the financial year 2021-22. On Monday, IRCTC's scrip rose 6.67% to settle at ₹696 on NSE. Segment wise, revenues…
Read More
Cashaa and Chainlink Collaborate to Bring Crypto and Defi Solutions to the Masses

Cashaa and Chainlink Collaborate to Bring Crypto and Defi Solutions to the Masses

New Delhi  Cashaa, a crypto-friendly neo-bank, has now integrated Chainlink a crypto project which has a market cap of 12 Billion USD—open-source, and decentralized price feeds on its platform, available across various cryptocurrencies, stablecoins, indices, commodities, and more. The price feeds shall provide users with more accurate, tamper-proof exchange rates on the platform. Cashaa aims at staying transparent with the users, and the association with Chainlink comes in line with the same. Cashaa started as a peer to peer money transfer platform but over time we have become…
Read More
The history of Hallmarking Jewellery across the Globe.

The history of Hallmarking Jewellery across the Globe.

Have you ever wonderedon the tiny inscriptions that are imprinted on the reverse of gold, silver, platinum articles or jewellery? Chances that you are wearing the jewel of the stated purity. These marks are there for several reasons – a. The maker is proud of his work, hence signed the piece with a seal or symbol; b. To track merchandise as they flow through the chain of work in a workshop; c. Because a legal process has been adopted, as in few countries making it mandatory before…
Read More
Reliance Retail has acquires licence to manufacture and market consumer durable products under the iconic Indian brands BPL and Kelvinator

Reliance Retail has acquires licence to manufacture and market consumer durable products under the iconic Indian brands BPL and Kelvinator

Making a big foray into electronics manufacturing and distribution, billionaire Mukesh Ambani-led Reliance Industries Limited (RIL)’s subsidiary Reliance Retail has acquired the licence to manufacture and market consumer durable products under the iconic Indian brands BPL and Kelvinator, reports Hindu Businessline. Reliance is said to have readied an aggressive marketing and distribution plan to revive the two old Indian brands and push the sales through its offline and online platforms. The products of the two brands will also be distributed across local electronic stores, retail and online portals. Reliance…
Read More
Agarwal Industrial Corporation Limited shines again, reports 277% Growth in PAT in Q1FY22 (YOY)

Agarwal Industrial Corporation Limited shines again, reports 277% Growth in PAT in Q1FY22 (YOY)

Mumbai: Agarwal Industrial Corporation Limited (BSE: 531921 |NSE: AGARIND ), one of India’s largest integrated player in Bitumen, continued its growth trajectory, closing the first quarter of F.Y. 2021-22 with triple digit growth in both top and bottom line.   The Consolidated Revenue of the Company grew 177% (YoY) to Rs. 407.94 Crore. The Company, along with its subsidiaries, continued to maintain its track record of consistent growth performance. The consolidated profit after tax grew 277% YoY toRs. 15.07Crore. The Company has built a credible track-record in building…
Read More
AADHAR, UPI, Aarogya Setu & CoWin App has been India’s incredible success towards digitization in financial and healthcare sector: Himanshu Kapania

AADHAR, UPI, Aarogya Setu & CoWin App has been India’s incredible success towards digitization in financial and healthcare sector: Himanshu Kapania

India has embraced the SDG targets and is on the way to achieve the climate change goals: Naina Lal KidwaiThe recovery in India has been delayed, it has not been derailed: Shailesh Pathak NEW DELHI, 17 August 2021: Mr Himanshu Kapania, Vice Chairman, Grasim & Director Telecom, Aditya Birla Management Corporation Pvt Ltd. & Chair, BBC Working Group on Digital Economy (India) at the BRICS Business Forum, yesterday said that India aims to develop digitization of healthcare with an exchange program among BRICS nations to support and implement health monitoring &…
Read More
“I have brokered and been present at the meeting of Mr. Sandesara with the Prime Minister of Kosovo, as well as with the prime ministers and presidents of the region and not only”:Agnesa Vuthaj

“I have brokered and been present at the meeting of Mr. Sandesara with the Prime Minister of Kosovo, as well as with the prime ministers and presidents of the region and not only”:Agnesa Vuthaj

The news began that former Miss Albania, Agnesa Vuthaj, is the girlfriend of Indian billionaire Cheetan Sandesara. In rehearsal, there was only one video of Sandesara, taken on a private jet, in the background where a woman's voice was heard asking her to say something. "For me the Sandesara family is a second family",says Agnesa Vuthaj According to Magazina.al, the voice belongs to Agnesa Vuthaj and this is proof of their love affair. It was also later said that Sandesara was in the process of buying a…
Read More
Utkarsh Small Finance Bank gets SEBI approval to float IPO

Utkarsh Small Finance Bank gets SEBI approval to float IPO

Varanasi, Uttar Pradesh based, Utkarsh Small Finance Bank Ltd, has received market regulator Securities and Exchange Board of India’s (SEBI) nod to raise Rs. 1350 crore through the Initial Public Offering (IPO) route. The company had filed DRHP with SEBI on March 5, 2019. The IPO consists of fresh issue aggregating up to Rs 750 crore and an offer for sale of up to Rs  600 crore by the selling shareholder Utkarsh Coreinvest Ltd. The equity shares, of face value Rs 10 each, will be listed on the National Stock Exchange…
Read More
Alembic Pharmaceuticals announces financial aid up to 50 lakhs for their employees who passed away in Covid.

Alembic Pharmaceuticals announces financial aid up to 50 lakhs for their employees who passed away in Covid.

Vadodara (Gujarat) : When it comes to Employee welfare with Alembic Pharmaceuticals Ltd it is not just the employer but also the employees who have started a Benevolent Fund and are contributing generously for their departed team members who passed in this second wave of Covid. The Management of the 114-year-old Alembic Pharmaceuticals Ltd has announced Financial Aid of between 15 lakhs to 50 lakhs to their deceased employees, which is over and above all other benefits applicable. Talking to the media, Mr. Pranav Amin, Managing Director…
Read More
Alembic Pharmaceuticals recieves USFDA approval for bipolar depression.

Alembic Pharmaceuticals recieves USFDA approval for bipolar depression.

Drug firm Alembic Pharmaceuticals on Friday said it has received final approval from the US health regulator for Lurasidone Hydrochloride tablets, used to treat bipolar depression. The approved product is therapeutically equivalent to the reference listed drug product (RLD) Latuda tablets of Sunovion Pharmaceuticals Inc. The company has received approval from the US Food and Drug Administration (USFDA) for its abbreviated new drug application (ANDA) Lurasidone Hydrochloride tablets in the strengths of 20 mg, 40 mg, 60 mg, 80 mg, and 120 mg, Alembic Pharmaceuticals said in a regulatory filing.Quoting IQVIA data, Alembic Pharma said Lurasidone Hydrochloride…
Read More
No widgets found. Go to Widget page and add the widget in Offcanvas Sidebar Widget Area.