Just Dial shares zoom over 13 per cent

Just Dial shares zoom over 13 per cent

Friday, 19 April 2024 | PTI | new delhi

Shares of Just Dial Ltd on Thursday zoomed over 13 per cent after the company reported a 38.44 per cent rise in consolidated net profit in the March quarter. The stock climbed 12.97 per cent to settle at Rs 1,009.95 on the BSE. During the day, it zoomed 14.63 per cent...

Middle East conflict, US inflation, foreign fund outflows drag markets lower from record peaks

Thursday, 18 April 2024 | PTI | New Delhi

Global uncertainties, mainly escalating tensions between Iran and Israel, have led to a massive correction in the equity markets in the last three days after a record-shattering rally that saw the BSE Sensex crossing the historic 75,000 mark last week. Hotter-than-expected US inflation data fuelled concerns that the Federal Reserve will...

India power consumption rises to 70.66 billion units in first half of April

Thursday, 18 April 2024 | PTI | New Delhi

India’s power consumption grew nearly 10 per cent year-on-year to 70.66 billion units (BU) in the first half of April this year, showing improvement in economic activities and consumption patterns, according to the power ministry data. According to the data, power consumption in the country rose to 70.66 BU during April...

Women participation in tech roles in non tech sectors to grow by 2027: Report

Thursday, 18 April 2024 | PTI | Mumbai

Women’s participation in technology roles in non-tech businesses is expected to grow by nearly a quarter by 2027 across all levels, including freshers, junior, mid-senior, leadership, and C-Suite levels, a report said on Wednesday. The tech women’s participation rate in non-tech industries stood at 19.4 lakh workforce in 2023, which is...

Funskool seeks to transform India into global hub for toy manufacturing

Thursday, 18 April 2024 | PTI | Chennai

Toy manufacturer Funskool India, part of tyre major MRF Group, has taken up expansion at its manufacturing facilities in Tamil Nadu to make India a global hub for toy manufacturing. The expansion work at its premises in Ranipet, would effectively double the manufacturing capacities. The upgraded facilities in both Unit 1 and...

Indian economy projected to grow 6.5 per cent in 2024, says UNCTAD

Thursday, 18 April 2024 | PTI | United Nations

India’s economy is projected to grow by 6.5 per cent in 2024, according to a report by the UN which noted that multinationals extending their manufacturing processes into the country to diversify their supply chains will have a positive impact on Indian exports. UN Trade and Development (UNCTAD) in its report...

India not reaping benefits of demographic dividend: Raghuram Rajan

India not reaping benefits of demographic dividend: Raghuram Rajan

Wednesday, 17 April 2024 | PTI | Washington

India is not reaping the benefits of demographic dividends, former RBI governor Raghuram Rajan said on Tuesday, emphasising that there is a need to focus on improving the human capital and enhancing their skill sets. “I think we are in the midst of it (demographic dividend), but the problem is we...

Ahead of FPO, Vodafone Idea garners Rs 5,400 cr from anchor investors

Ahead of FPO, Vodafone Idea garners Rs 5,400 cr from anchor investors

Wednesday, 17 April 2024 | PTI | New Delhi

Just ahead of its mega FPO opening to public investors, Vodafone Idea (VIL) has announced closure of its anchor book allocation, raising about Rs 5,400 crore from marquee global as well as domestic investors, according to a statutory filing by the telco. This could be the third-largest anchor book after One...

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