[ad_1] CHENNAI: Dairy company Hatsun Agro Product (HAP) has acquired Milk Mantra Dairy and its brand ‘Milky Moo‘ for Rs 233 crore. The acquisition of the Bhubaneswar-based company is part of strengthening HAP’s presence in the eastern Indian market. Milk Mantra Dairy has two processing facilities in Odisha. It offers a range of dairy products…
[ad_1] MUMBAI: Mobikwik, has launched a full-service version of RBI‘s central bank digital currency (CBDC) – e-rupee – in partnership with Yes Bank on its app. This new product is available to all its Android users. The e-rupee wallet allows users to send and receive funds to other e-rupee wallets as well as regular bank…
[ad_1] NEW DELHI: Hyundai India said its consolidated profit declined by 19% to Rs 1,161 crore for third quarter ended Dec 31, 2024, hit by subdued demand. The auto major had reported a net profit of Rs 1,425 crore in Q3 of last fiscal. Total revenue from operations fell to Rs 16,648 crore against Rs…
[ad_1] The Federal Reserve kept its benchmark lending rate unchanged at between 4.25 percent and 4.50 percent on Wednesday, despite pressure from President Trump for further cuts in the first rate decision following his return to office.The central bank said that the unemployment rate has “stabilized at a low level in recent months, and labor…
[ad_1] CHENNAI: TVS Motor posted an 8% rise in Q3 profit-before-tax to Rs 837 crore as against Rs 775 crore in the Dec quarter of FY24. “Profit-before-tax for the quarter includes a fair valuation loss of Rs 41 crore as against gain of Rs 65 crore during Q3 of last year,” the company said in…
[ad_1] MUMBAI: Florida-based investor Digvijay Laxmansinh Gaekwad, who has shown interest in purchasing Religare Enterprises, will need to appoint a merchant banker to comply with Sebi‘s takeover rules. After that, he will seek the regulator’s approval to make an offer for the New Delhi-based financial services company. This comes after Sebi on Tuesday “returned” Gaekwad’s…
[ad_1] MUMBAI: Florida-based investor Digvijay Laxmansinh Gaekwad, who has shown interest in purchasing Religare Enterprises, will need to appoint a merchant banker to comply with Sebi‘s takeover rules. After that, he will seek the regulator’s approval to make an offer for the New Delhi-based financial services company. This comes after Sebi on Tuesday “returned” Gaekwad’s…
[ad_1] Budget 2025 income tax expectations: What will the income tax slabs and income tax rates after Union Budget 2025? Will FM Nirmala Sitharaman raise the standard deduction further under the new income tax regime and include popular exemptions like Section 80C, HRA, Section 80D? With the new income tax regime becoming the default tax…
[ad_1] Top stock picks for today (AI image) Stock market recommendations: According to Mehul Kothari, DVP – Technical Research, Anand Rathi Shares and Stock Brokers, Concor, Aditya Birla Real Estate and Ramco Cements are the top stock picks for today:CONCOR: BUY Between ₹740 – ₹730 | SL: ₹699 | TGT: ₹815CONCOR has been correcting from…
[ad_1] The total acquisition cost for 100 shares of ITC Hotels amounts to Rs 54,040 for ITC shareholders. ITC Hotels stock listing: ITC Hotels made its market debut on Wednesday, with shares listing at Rs 188 on BSE and Rs 180 on NSE, achieving a market capitalisation of approximately Rs 39,000 crore, benefiting 37 lakh…
