Nestle India Q4 Result: The news that Nestle India’s net profit for the December quarter increased by 4.4 percent year over year to Rs 655.6 crore caused a divided response from brokers. In spite of projections, the FMCG giant’s operating revenue increased by 8.05 percent to Rs 4,600 crore. For the fourth quarter, Motilal Oswal…
Tata Group Market Capital: The Tata Group became the first Indian business conglomerate to reach the historic milestone of having a collective market capitalization of over Rs 30 lakh crore. Increased share purchases of Tata Consultancy Services, Tata Motors, Tata Power, and Indian Hotels during the current year drove this spike in shareholder value. Notable…
TCS Market Cap Hits ₹15 Lakh Crore: The largest IT company in the nation, Tata Consultancy Services (TCS), made history today in trading when it became the first company to reach a market capitalization of ₹15 lakh crore. The second-most valuable Indian company is the Tata Group. TCS shares increased by 4% during today’s trading…
Bharti Airtel Q3 Results: In its financial performance for the quarter ended December 31, 2023, telecom company Bharti Airtel Ltd. reported a sizable net profit. Comparing the same period last year to this one, the consolidated net profit increased by 54% to Rs 2,442 crore from Rs 1,588 crore. From Rs 35,804 crore in Q3FY23…
Budget 2024 Key Highlights: Finance Minister Nirmala Sitharaman introduced the Interim Union Budget for the fiscal year 2024–25 in the Parliament earlier today. This was the last budget of the second term of the government headed by Prime Minister Narendra Modi and the sixth one presented by the current FM. After the formation of the…
In Monday’s trading, shares of Reliance Industries Ltd. (RIL), the most valuable company in India based on market capitalization (m-cap), surged 7% to reach a record high. The oil-to-telecom giant actually increased its market capitalization intraday by Rs 1.20 lakh crore, reaching Rs 19,53,253.43 crore today from Rs 18,33,737.60 crore on Thursday. The increase in…
To improve the integrity of the H-1B Visa registration procedure and lower the possibility of fraud, US Citizenship and Immigration Services (USCIS) has put in place a new rule. This rule introduces a beneficiary-centric selection process and will take effect with the fiscal year 2025 (FY 2025) H-1B cap. Regardless of the quantity of registrations…
Mountain Flights From Nepalgunj To Kailash Mansarovar: A special mountain flight from Nepalgunj to the sacred Kailash Mansarovar has begun for the first time. A unique flight carrying 38 Indian pilgrims took off on Monday. A major turning point in religious tourism, the flight offers a unique chance to see the serene Mansarovar Lake and the…
Gold Rate Today: On Wednesday, January 31, the domestic futures market saw a lackluster morning session for gold as investors awaited the US Federal Reserve’s impending decision and muted global cues. Further pressure on gold prices was also applied by the dollar index’s appreciation. Due to investors’ tempered bets on swift and significant rate cuts…
Tesla’s stock fell more than 12% after CEO Elon Musk issued a warning that sales growth would not pick up this year, even in spite of price cuts that have already negatively impacted the company’s margins and heightened investor apprehension about weak demand and competition from China. Elon Musk stated on Wednesday that growth will…
