TRAI recommended the merging of FBG and PBG for Mobile Number Portability license, into a single Bank Guarantee, and favoured submission of electronic bank guarantee (eBG) for ease of doing business.
Wipro CEO and Managing Director Thierry Delaporte noted that the company’s first quarter results came on a strong backbone of large deal bookings, robust client additions and resilient margins.
All broader market indices, except for India Vix and Nifty Microcap 250, closed in negative.
There were tenders worth Rs 3,40,400 crore in the same period a year ago and Rs 3,38,400 crore in the first quarter of FY24.
Domestic sales rose marginally to 50,701 units last month, from 50,500 units in the year-ago period, Hyundai Motor said.
GAIL’s standalone net profit of Rs 2,404.89 crore in July-September, or Rs 3.66 per share, was 54.4 per cent higher than Rs 1,537.07 crore, or Rs 2.34 a share, profit in the same period last year.
Since opening its first cafe in October 2012, Tata Starbucks’ store count has grown to 390. It has opened 57 stores so far this fiscal year and had added 71 in the previous fiscal.
Although petrol and diesel prices are deregulated, the three OMCs in the past have kept fuel prices frozen around key elections, particularly if the global rates dictated a price increase.
In a separate order, the RBI also imposed a penalty of Rs 3.95 crore on Kotak Mahindra Bank for various violations of rules.
Spread across 54,000 sq ft and located near Terminal 3, at Delhi Airport’s cargo complex, Air India’s centralised warehousing facility will improve the turnaround time of flights operating out of Delhi, the company said.