Business

[ad_1] Adani Ports’ operational revenue grew by 23% year-on-year to Rs 8,488 crore Adani Ports Q4 results: Adani Ports witnessed a substantial 50% year-on-year increase in consolidated net profit, reaching Rs 3,023 crore for the quarter ending March 2024, compared to Rs 2,025 crore in the previous year’s corresponding period.The company’s operational revenue grew by…

[ad_1] IndusInd Bank and Kotak Mahindra Bank, two leading banks of the private sector, have revised their interest rates on fixed deposits- former increasing the interest rate while the latter has reduced the interest offered on fixed deposits.The change in the interest rates are an effect of the changing market conditions and shifts in liquidity…

[ad_1] ITR filing: For individuals and those not requiring account audits, the submission deadline remains July 31. New ITR forms for FY 2024-25: The Income Tax Department has issued a new ITR-1 and ITR-4 for tax filing purposes for the assessment year 2025-26, simplifying the process for individuals with long term capital gains up to…

[ad_1] Elon Musk recently announced his intention to increase his focus on managing Tesla. (AP photo) Tesla’s board members contacted multiple executive search firms approximately a month ago, seeking potential candidates to succeed Chief Executive Officer Elon Musk, according to a report by the Wall Street Journal, which cited sources familiar with the discussions.The Wall…

[ad_1] The three iPhone manufacturers in India are Tata Electronics, Pegatron and Foxconn Hon Hai. (AI image) Apple’s iPhone exports from India to the US constituted 97.6% of total iPhone exports in March 2025, rising from 81.9% in the December-February 2025 period. This shift aimed to avoid increased tariffs on Chinese imports.According to an S&P…

[ad_1] Coldplay’s Ahmedabad concerts generated Rs 641 crore economic impact (Picture credit: ANI) NEW DELHI: British rock band Coldplay’s two-night ‘Music of the Spheres’ concerts in Ahmedabad created an estimated overall economic impact of Rs 641 crore, with a direct boost of Rs 392 crore to the city’s economy, a report by EY-Parthenon and BookMyShow…

[ad_1] NEW DELHI: With US tariffs looming large over global manufacturing hubs, some multinational electronics component suppliers started coming to India for partnerships and joint ventures.Leading electronics contract manufacturersDixon Technologies and Optiemus have struck partnerships with separate Taiwanese suppliers, growing their footprint in terms of product portfolio & potential client base. The development aligns with…

[ad_1] NEW DELHI: India’s largest oil refiner-fuel retailer IndianOil has hit the pause button on talks for a term deal for sourcing oil from Russia’s Rosneft amid New Delhi’s efforts to ramp up energy imports from the US with the aim of reducing its trade surplus.Company chairman A S Sahney said the move was prompted…

[ad_1] BENGALURU: Electric scooter maker Ather Energy closed its Rs 2,981-crore initial public offering (IPO) with a total subscription of 1.4times on Wednesday. This capped a three-day bidding window that saw strong interest from retail and institutional investors.The issue marked the first listing of the 2025-26 and the first major tech-led consumer IPO since 2023-24,…

[ad_1] MUMBAI: For British coffee chain Costa Coffee, there’s no going slow on India expansion despite an uncertain global macro environment, which has nudged many businesses to review their growth strategies.In India, where many people still love waking up to a hot cup of tea and debates over chai versus coffee continue to rage, parts…