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Sun Pharma posts 16.5% rise in Q3 net profit, declares dividend of Rs 8.50/share

Jan 31, 2024

Mumbai, Jan 31 (IANS) Sun Pharmaceutical Industries Ltd on Wednesday reported a 16.52 per cent rise in net profit at Rs 2,523.75 crore for the October-December quarter of the current financial year on the back of strong sales in the domestic and US markets.The company had reported a net profit of Rs 2,166.01 crore in the same period of the previous…

Positive build-up in markets ahead of Interim Budget

Jan 31, 2024

Mumbai, Jan 31 (IANS) A positive build-up was reflected in Indian markets prior to the Interim Budget (Feb 1) on Wednesday and although expectations are low, the market anticipates a lower fiscal deficit supported by buoyant tax revenues,…

Business

Flipkart to roll out same day delivery in 20 cities from February

Jan 31, 2024

New Delhi, Jan 31 (IANS) E-commerce major Flipkart on Wednesday announced that it is gearing to roll out same day delivery of products across multiple categories in metro and non-metros cities. The move will see customers across cities,…

Business

Maruti Suzuki India logs Rs 3,130 crore PAT for Q3

Jan 31, 2024

Chennai, Jan 31 (IANS) Passenger car major Maruti Suzuki India Ltd closed the third quarter of FY24 with a higher net profit of Rs 3,130 crore on the back of lower material cost and increased sales volume.In a regulatory filing on…

Business

Durable smartphone screens: HONOR understands the need of the hour

Jan 31, 2024

New Delhi, Jan 31 (IANS) Most people are closely attached to their phones. The slightest harm to their handset can be enough to send them into a tizzy. The sight of someone accidentally dropping their phone, rushing to pick it up, and…

Business

Storytelling platform Wattpad cuts nearly 15% jobs in another layoff round

Jan 31, 2024

San Francisco, Jan 31 (IANS) Canada-based storytelling platform Wattpad has slashed nearly 15 per cent of its workforce in another round of layoffs conducted earlier this month. The company has laid off around 30 employees, TechCrunch…

Business

Lotte Wellfood to invest Rs 200 crore in Haryana

Jan 31, 2024

Chennai, Jan 31 (IANS) South Korean confectionery major Lotte Wellfood will be investing about Rs 200 crore in Haryana to make Lotte Pepero for the global market.The company’s subsidiary Havmor ice cream which is a 100% and one of the…

Business

L&T shares slump over 4% on lower than expected margins

Jan 31, 2024

New Delhi, Jan 31 (IANS) Larsen & Toubro shares slumped over 4 per cent on Wednesday after the company missed profit estimates due to lower than expected margins. L&T shares were down 4.4 per cent at Rs 3472 on BSE. Motilal…

Business

‘Made in India’ Samsung Galaxy S24 series goes on sale

Jan 31, 2024

New Delhi, Jan 31 (IANS) Samsung on Wednesday announced that its recently launched flagship smartphone series -- Galaxy S24, is now available to buy in India. The ’Made in India’ Galaxy S24 series comes with Live Translate, Interpreter,…

Business

India’s demand for gold dips amid soaring prices: WGC report

Jan 31, 2024

Mumbai, Jan 31 (IANS) India’s gold demand fell 3% in 2023 to 747.5 tonnes, which is the lowest since 2020, as soaring prices reduced the demand for jewellery, according to a World Gold Council report released on Wednesday.Indian gold…

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