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Bank

Indian-origin Ajay Banga confirmed as next president of World Bank.

Nidhi Mishra -
On Wednesday, the World Bank’s board of governors elected former Mastercard CEO Ajay Banga as president for a five-year term. Banga, an Indian-born finance...
Bank

Indian banks immune from liquidity crisis in West: Govt officials

Nidhi Mishra -
The government is keeping a close watch on the banking crisis in the West but says India will not be affected as it strengthened...
Bank

Air India pilots get stern warning over license renewal, AEP delays.

Nidhi Mishra -
Air India has warned its pilots to renew their licenses and Airport Entry Passes (AEP) on time or face disciplinary action and financial penalties....
Bank

‘Tough times’: Go First staff, hopes airline survives, scouts for options

Nidhi Mishra -
Go First’s employees, who have faced financial challenges during the pandemic, hope the government will help the airline fly out of the crisis. The...
Business

Godrej Properties sees a 15% rise in FY24 bookings value after the Q4 profit jump.

Nidhi Mishra -
Godrej Properties Ltd, an Indian real estate developer, reported a 58.2% jump in fourth-quarter profit on Wednesday and said it expects to increase its...
Stock Market

MRF Q4 net profit doubles to Rs 341 cr, declares Rs 169/share dividend

Nidhi Mishra -
MRF, the tire manufacturer, has reported a 106% rise in its consolidated net profit for the fourth quarter of FY23, which stood at Rs...
Business

The coal ministry aims to produce 1,012 million tonnes of dry fuel in FY24.

Nidhi Mishra -
According to its action plan, the Coal Ministry has set a target to produce 1,012 million tonnes of dry fuel in the current financial...

Trai recommends IB ministry grant infra status to telcos and broadcasters.

Nidhi Mishra -
On Wednesday, the Telecom Regulatory Authority of India (Trai) recommended that the government grant infrastructure status to the broadcasting and cable service sector. Trai...
Business

Trai backs Jio’s method to calculate additional charges for shared spectrum.

Nidhi Mishra -
Reliance Jio has won a significant victory in its legal battle with the Department of Telecommunications (DoT) over calculating spectrum usage charges (SUC) in...
Business

Tata Steel Q4 net profit down 82% to Rs 1,704.86 crore but beats estimates

Nidhi Mishra -
Tata Steel, India's largest private steelmaker, has reported a decreased consolidated net profit by 82.52% YoY to INR1,704.86 crore ($227.5m) for the January-March quarter...
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