Adani Green’s revenue from power supply jumped 55 per cent to Rs 2,059 crore YoY, from Rs 1,328 crore.
Aviation safety regulator DGCA has suspended flying licence of two IndiGo pilots for violating safety norms and Standard Operating Procedures (SoPs) while landing at the Ahmedabad airport last month, a senior official has said.
The regulator has appointed Satya Prakash Pathak, former chief general manager of State Bank of India as administrator to manage the affairs of the urban co-operative bank (UCB) during the 12-month period.
The RBI revised upwards real GDP growth forecast for FY24 to 7% from 6.5% earlier.
Sebi in July, sent a notice to Yes Bank former MD and CEO Rana Kapoor asking him to pay Rs 2.22 crore in a case of misselling the private sector lender’s Additional Tier-1 (AT1) bonds and warned of arrest and attachment of assets as well as bank accounts if he fails to make the payment within 15 days.
A strong rally in IT shares Infosys, TCS, Wipro and HCL Tech after better than expected Q3 results helped the indices scale new record high levels. Oil & gas and energy sector shares also boosted the rally.
Shares of IndusInd Bank climbed nearly 4 per cent on Wednesday morning after the company reported a 30 per cent jump in its consolidated net profit in the April-June quarter.
Asian Paints on Thursday reported a smaller-than-expected jump in second-quarter profit, hurt by muted sales.
The 30-share BSE Sensex jumped 475.88 points to 71,913.07 — its all-time peak — in early trade. The Nifty climbed 138.8 points to reach its record high of 21,591.90.
India’s crude steel production rose 14.7 per cent to 69.65 million tonne (MT) during April-September period of 2023-24 fiscal year, according to SteelMint India.