India, Chinese Taipei ask WTO body to delay ruling on ICT import duties dispute till July 26

India, Chinese Taipei ask WTO body to delay ruling on ICT import duties dispute till July 26

Saturday, 27 April 2024 | PTI | New Delhi

India and Chinese Taipei have asked the WTO's dispute settlement body not to adopt any ruling against New Delhi's import duties on certain information and technology products till July 26 as both sides are engaged in resolving the matter, an official said. The issue came up during a meeting of the...

Motilal Oswal reports multi fold jump in profit

Saturday, 27 April 2024 | PTI | New Delhi

Motilal Oswal Financial Services Ltd on Friday reported an over four-fold jump in profit after tax to Rs 724.6 crore for the March 2024 quarter, driven by strong growth in the capital market as well as wealth & asset management businesses. In comparison, the company had a profit after tax (PAT)...

RBI action on Kotak Mahindra Bank may restrain credit growth: S&P

Saturday, 27 April 2024 | PTI | New Delhi

S&P Global Ratings on Friday said RBI’s regulatory action on Kotak Mahindra Bank could restrain the lender’s credit growth and profitability. The RBI on Wednesday barred Kotak Mahindra Bank from issuing fresh credit cards and onboarding new customers online. Credit cards are a higher-yielding target growth segment for Kotak Mahindra Bank. This...

Deloitte projects India’s FY25 GDP growth at 6.6 per cent

Saturday, 27 April 2024 | PTI | New Delhi

Deloitte India on Friday said it estimates India’s GDP growth at 6.6 per cent in the current fiscal helped by consumption expenditure, exports rebound and capital flows. In its India’s economic outlook report, Deloitte said the rapid growth of the middle-income class has led to rising purchasing power and even created...

Reliance gets thumbs-up from S&P, Fitch as strong earnings keep leverage in check

Reliance gets thumbs-up from S&P, Fitch as strong earnings keep leverage in check

Friday, 26 April 2024 | PTI | New Delhi

Reliance Industries Ltd has won a vote of confidence from global rating agencies S&P and Fitch after its robust earnings in the fiscal year ended March 31, 2024, supported its growth aspirations and kept leverage under check. S&P Global Ratings and Fitch Ratings in separate notes spoke of its EBITDA (loosely...

Tech Mahindra shares zoom over 13 pc as co unveils three-year roadmap to bounce back

Tech Mahindra shares zoom over 13 pc as co unveils three-year roadmap to bounce back

Friday, 26 April 2024 | PTI | New Delhi

Shares of Tech Mahindra on Friday surged over 13 per cent after the company's CEO outlined an ambitious three-year roadmap to accelerate revenue growth and lift margins. The stock jumped 13 per cent to Rs 1,344.95 on the BSE. At the NSE, it climbed 13.16 per cent to Rs 1,347.

Indian housing market outlook bullish: Report

Indian housing market outlook bullish: Report

Friday, 26 April 2024 | PTI | New Delhi

Consumers sentiments in India’s housing market remain positive despite a rise in prices, according to realty portal Magicbricks. On Thursday, Magicbricks released a report ‘Housing Sentiment Index’ based on the survey of over 4,500 customers across 11 cities. “Despite inflationary pressures, the Housing Sentiment Index (HSI) across India remains robust with strong...

SRM IST hosts Conference on Occupational Therapy

Friday, 26 April 2024 | PNS | KATTANKULATHUR

In his presidential address at the inauguration of the National Conference on Autism, 2024, on Wednesday, Dr P Sathyanarayanan, Pro Chancellor (Academics), SRM Institute of Science and Technology, said SRM College of Occupational Therapy, since its inception in 1996, had provided treatment to more than 5,000 people through the occupational...

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