Business

[ad_1] BENGALURU: The National Company Law Tribunal (NCLT) has directed disciplinary action against the resolution professional (RP) managing the beleaguered edtech startup Byju’s insolvency case, citing misconduct and decisions that impacted the proceedings and stakeholders.The tribunal issued a ruling mandating the reinstatement of US-based Glas Trust and Aditya Birla Finance to the Committee of Creditors…

[ad_1] NEW DELHI: About 58% of the establishments were headed by female proprietors in the manufacturing sector in 2023-24, an increase of 4 percentage points from the previous year, results of a survey showed on Wednesday.The detailed results of the Annual Survey of Unincorporated Sector Enterprises (ASUSE) 2023-24 also showed that overall, 28.1% of total…

[ad_1] NEW DELHI: Maruti Suzuki India said its consolidated net profit jumped 16% to Rs 3,727 crore in Dec quarter, riding on higher sales. It had reported a net profit of Rs 3,207 crore in Oct-Dec of last fiscal. Total revenue from operations grew to Rs 38,764 crore in Q3 against Rs 33,513 crore in…

[ad_1] NEW DELHI: Microsoft-backed OpenAI’s chief Sam Altman is planning to visit India next week, three sources with direct knowledge of the matter said, in what could be his first visit in two years at a time when the company faces legal challenges in the country.The sources said Altman has scheduled his trip to New…

[ad_1] Adani Ports and Special Economic Zone (APSEZ) reported a 14per centyear-on-year (YoY) increase in consolidated net profit for the December quarter of FY24-25, reaching Rs 2,518.39 crore. The growth was driven by higher income, according to the company’s regulatory filing on Thursday.India’s largest integrated logistics player had recorded a profit of Rs 2,208.21 crore…

[ad_1] The US economy wrapped up 2024 on a solid note, with consumer spending and government support playing key roles in driving growth, according to new data from the Commerce Department.Despite some challenges, the economy grew by 2.3% in the fourth quarter, slightly below the 2.4% that economists had expected. For the full year, GDP…

[ad_1] NEW DELHI: IndiGo’s chief executive officer Pieter Elbers on Tuesday described his visit to the world’s largest religious gathering at the Mahakumbh Mela in Prayagraj as unparalleled, saying, “no word, sentence or picture can properly describe this place or the energy.”The 2025 edition of Mahakumbh holds special significance, taking place under a unique celestial…

[ad_1] Budget 2025 income tax expectations: With an intent to provide taxpayers with more disposable income, one may expect an increase in the basic exemption limi. (AI image) By Surabhi MarwahBudget 2025 income tax expectations: As we move closer to February 1, 2025, the nation is keen to listen to the Finance Minister’s speech unveiling…

[ad_1] Gold traders including jewellers and bullion sellers are looking forward for strategy aimed towards strengthening the Indian middle class’ ability to buy gold. (AI image) Union Budget 2025 Expectations:Gold traders including jewellers and bullion sellers are looking forward to Finance minister Nirmala Sitharaman to outline a strategy aimed towards strengthening the Indian middle class’…