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Category: Business Updates

Business Updates

West Asian conflict could trigger ‘dual shock’ to global commodity markets: World Bank

October 12, 2023By businessreputationdata

The World Bank underlined that if the conflict escalates, policymakers in developing countries will need to take steps to manage a potential increase in headline inflation.

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Business Updates

NDTV Q2 net profit falls 57.4% to Rs 5.55 crore impacted by lower revenue and higher expenses

October 10, 2023By businessreputationdata

NDTV’s consolidated revenue from operations was Rs 95.55 crore as against Rs 105.8 crore in the year-ago period.

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Business Updates

In Instagram post, Ratan Tata flags fake interview recommending investments

October 9, 2023By businessreputationdata

In the fake video, Tata addresses Sona Agrawal as his manager.

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Business Updates

Kotak Mahindra Bank shares decline nearly 4% after earnings announcement

October 9, 2023By businessreputationdata

In a regulatory filing on Saturday, ICICI Bank reported a 44 per cent jump in its consolidated net profit for the April-June quarter of 2023-24 to Rs 10,636 crore compared to the year-ago period.

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Business Updates

Disney explores strategic options for India business: report

October 8, 2023By businessreputationdata

Business service exports have become a critical part of India’s economy but the sector has been hit by a slowdown in global demand for software and challenges in big urban centres.

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Business Updates

Parekh announces retirement: ‘Time to hang up boots’

October 8, 2023By businessreputationdata

The BSE Sensex surged 803 points, or 1.26 per cent, to close at an all-time high of 64,718.56. The broader Nifty gained 216.95 points, or 1.14 per cent, to a fresh peak of 19,189.05. During the previous week, Sensex rose by over 1,700 points.

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Business Updates

Infosys slips over 4% after marginal rise in Q2 net profit, revised FY24 revenue guidance

October 7, 2023By businessreputationdata

Shares of IT major Infosys Ltd slumped over 4 per cent on Friday to hit 6-week low after the company posted a marginal rise in its Q2 net profit, and also revised its FY24 revenue guidance.

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Business Updates

Sankey Prasad is Colliers CMD for India, Middle East

October 5, 2023By businessreputationdata

Effective immediately, Sankey Prasad becomes Chairman and MD (CMD) for India and CMD for the Middle East Engineering business which is under the name of Colliers Project Leaders Middle East.

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Business Updates

Commerce ministry working on criteria for laptop, computer importers to provide licences in smooth ways: Official

October 5, 2023By businessreputationdata

As the government has decided to impose import curbs on these electronic devices, importers would have to seek a license from the Directorate General of Foreign Trade (DGFT) from November 1.

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Business Updates

RBI, Bank of England sign MoU for cooperation in CCIL issue

October 4, 2023By businessreputationdata

ESMA’s action came after the RBI did not allow it to supervise domestic CCPs, which were providing clearing services

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