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IndusInd Bank reported a net profit of Rs 1,016 crore on a consolidated basis in the April-June quarter of the financial year 2021-22, compared to Rs 510 crore in the corresponding quarter last year, marking a growth of 99 per cent year-on-year. The bank’s net profit almost doubled in the …

Wiliot, a technology company backed by Amazon Web Services and Qualcomm Inc, said on Tuesday it raised $200 million in a funding round led by SoftBank Vision Fund 2.The company, which makes chips that can be embedded on product packaging to help track items during their manufacturing, shipping, and sale, …

Excise duty on petrol and diesel was hiked 43 per cent and 68 per cent in 11 months Excise duty on petrol and diesel went up by 43 per cent and 68.8 per cent respectively between March 2020 and February 2021, even as fuel prices have sky rocketed over the past …

Centre released 600 lakh tonnes of food grains under Pradhan Mantri Garib Kalyan Ann Yojana Centre released around 600 lakh tonnes of food grains during the Coronavirus pandemic year 2020-21 and 2021-22 under Pradhan Mantri Garib Kalyan Ann Yojana (PMGKAY). According to Ministry of Consumer Affairs data, out of the …

The International Monetary Fund (IMF) lowered India’s growth projection from 12.5 per cent to 9.5 per cent for fiscal 2021-22, following the severe second wave of COVID-19 pandemic in the country. Promoted Listen to the latest songs, only on JioSaavn.com

Indigo airlines reported its sixth consecutive quarterly loss for April-June period of 2021-22 InterGlobe Aviation Limited, which owns IndiGo airlines, reported its sixth consecutive quarterly loss mainly due to flight restrictions induced by the second wave of the Coronavirus pandemic across the country. Its June quarter net loss stood at Rs 3,174.2 …

Flipkart filed an appeal in the Supreme Court, challenging the state’s decision Walmart’s Flipkart has appealed to the Supreme Court against a state court’s decision that allowed an antitrust probe into the e-commerce firm and its rival Amazon.com Inc to continue, three sources told Reuters on Tuesday. The High Court …

Reliance Industries stock fell nearly 1 per cent to hit an intraday low of Rs 2,084.75 on the BSE. Shares of the country’s most valuable company, Reliance Industries, fell nearly 1 per cent to hit an intraday low of Rs 2,084.75 on the BSE after its net profit in June …

Tatva Chintan Pharma’s initial public offering (IPO) was subscribed 180.36 times Tatva Chintan is likely to finalise the basis of allotment for shares on Monday, July 26. Tatva Chintan Pharma’s Rs 500 crore initial public offering (IPO) consisted of a fresh issue of shares worth Rs 225 crore and an …

Byju’s has acquired higher education platform Great Learning Digital learning platform Byju’s has acquired higher education platform Great Learning and after-school learning app Toppr. The development has come less than a week after it had acquired US-based online reading platform for children, Epic for $500 million. In April this year, Byju’s had …