IPL 2024 Update: IPL is one of the biggest sports leagues in the world. Now, Saudi Arabia wants to invest in the world’s biggest cricket league, IPL. Crown Prince Mohammed bin Salman visited India in September to participate in the IPL. Saudi Arabia wants to invest 5 billion dollars in IPL Saudi Arabia wants to…
PMI Service Sector: India’s service sector activity fell to a seven-month low in October. This decline has occurred due to the softening of production and demand amid competitive conditions and price pressure. The seasonally adjusted S&P Global India Services PMI business activity index reached 58.4 in October. It had reached a 13-year high of 61…
IDBI Bank Amrit Mahotsav FD: During the festive season, IDBI Bank is giving an opportunity to earn huge profits on Fixed Deposit (FD). IDBI Bank has extended its special FD scheme named ‘Amrit Mahotsav Callable FD’ till November 30, 2023. Amrit Mahotsav FD Under this special FD, the interest rates range from 7.10% to 7.65%….
A Swiss insurance company Zurich Insurance to buy a 51% stake in Kotak General Insurance for ₹4,051 crore. Kotak Mahindra Bank gave this information in an exchange filing on Thursday, November 2. Within a period of three years from the initial acquisition, Zurich Insurance will purchase an additional 19% stake in Kotak General Insurance. Who…
Tata Motors Result: Tata Motors has made a profit of Rs 3,783 crore in the second quarter (July-September) of the current financial year 2023-24. The company’s profit has increased due to the strong performance of its British unit Jaguar Land Rover. This has been the fourth consecutive quarter when the company’s profit has increased. Jaguar…
Reliance Industries is planning to raise Rs 15,000 crore through local currency bonds. If this plan to sell bonds is completed, it will be the company’s biggest domestic bond sale. This information has been given in a Bloomberg report. According to the report, this will be the first bond sale of Reliance Group after 2020…
The Enforcement Directorate (ED) has taken action against Jet Airways founder Naresh Goyal and five others in the Canara bank fraud case. ED has seized property worth Rs 538 crore in this case. The attached properties include 17 residential flats and bungalows and commercial campuses in the names of various companies and individuals. CBI and…
Shares of Rattan India Enterprises saw a rise of more than 11 percent today. After which the shares of the company reached the level of Rs 57.40. The reason for the rise in the shares of Ratan India Enterprises is that the company has received certificate from DGCA for its drone product. This news has…
GST collection October: The government has collected Rs 1.72 lakh crore from Goods and Services Tax (GST) in October 2023. This is 13% more than a year ago i.e. October 2022. Then Rs 1.51 lakh crore was collected from GST. A month ago in September, the government collected Rs 1.63 lakh crore from GST. Till…
Adani Wilmar Revenue: Adani Wilmar, Adani’s retail food business company, has released the results for the second quarter of the financial year 2023-24 (Q2FY24). The company has suffered a loss of ₹131 crore in the July-September quarter. The company had earned a profit of ₹48.76 crore during the same period of the last financial year….