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court sets aside order directing spicejet to pay maran Rs.270 crore

New Delhi, May 18 -- Indian budget airline SpiceJet won a major reprieve on Friday as the Delhi high court overturned a previous ruling directing the airline to refund over Rs.270 crore to former prom... Read More


Kirloskar Ferrous Q4 PAT drops 81% YoY to Rs 18 cr

Mumbai, May 18 -- The company's revenue from operation fell 1.89% to Rs 1,535.92 crore in Q4 FY24 as compared to Rs 1,565.56 crore posted in the same period last year. Profit before exceptional items... Read More


Quick Wrap: Nifty Media Index records a surge of 1.24%

Mumbai, May 18 -- Nifty Media index ended up 1.24% at 1834.35 today. The index has lost 2.00% over last one month. Among the constituents, Zee Entertainment Enterprises Ltd jumped 4.37%, Saregama Indi... Read More


Prosecco versus Champagne: How to tell the sparkling wines apart & more

Hong Kong, May 18 -- In the world of sparkling wines, the popular vote goes to an Italian and a French number. Although both are deliciously effervescent and packaged exquisitely - they come with diff... Read More


ZEEL reports turnaround Q4 numbers

Mumbai, May 18 -- Revenue from operations increased 2.7% to Rs 2,169.9 crore in Q4 FY24 as compared with Rs 2112.1 crore in Q4 FY23. Pre-tax profit was Rs 114 crore in Q4 FY24 as against pre-tax loss... Read More


Bank mergers: lessons for a sucker in despair

Dhaka, May 18 -- Only a few days or weeks before the Bangladesh Bank (BB) issued the April 4, 2024 circular, introducing guidelines for both voluntary and compulsory mergers, the Chairman of the ailin... Read More


'Meeting global standards, fostering innovation, investing in basic education are keys to progress in global value chains'

New Delhi, May 18 -- During the Annual Business Summit 2024 of the Confederation of Indian Industry (CII), the session on 'Mapping India's ascent in the Realignment of GVCs' emphasised the importance ... Read More


Birgunj Dry Port Customs Office collects Rs 40.3 billion in revenue in 10 months of current FY

BIRGUNJ, May 18 -- The Dry Port Customs Office in Birgunj has collected Rs 40.3 billion in revenue in the first 10 months of the current Fiscal Year (FY). This marks the achievement of 60.72 percent o... Read More


NHPC Q4 PAT slides 18% to Rs 610 cr

Mumbai, May 18 -- Revenue from operations decreased 6.93% year on year (YoY) to Rs 1,888.14 crore in the quarter ended 31 March 2024. Profit before tax and regulatory deferral account balances for th... Read More


Nestle India ends higher after public shareholders reject royalty hike proposal to Swiss parent

Mumbai, May 18 -- As per the company's exchange filing, 57% public shareholders of Nestle India voted against the said proposal while remaning 43% voted in favor of the same. As on 31 March 2024, Pu... Read More