Results for the first quarter of IRCON International’s fiscal 2023–24 (Q1FY24) were issued on August 8 and showed a gain of 29.6% in net profit to ₹187 crores, up from …
Business
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Business
Who Is Tesla’s New Chief Accounting Officer (CFO), Vaibhav Taneja?
by Team, Endocby Team, EndocZachary Kirkhorn, the previous chief accounting officer of the automobile and clean energy company Tesla, announced his resignation on Monday. Vaibhav Taneja, 45, was subsequently named as his replacement. In…
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FinanceBusiness
Maruti Suzuki To Issue Preferential Shares To Parent Company Suzuki Motor For Gujarat Facility
by Team, Endocby Team, EndocMaruti Suzuki will issue equity shares to Suzuki Motor Corporation on a preferential allotment basis prior to the company’s acquisition of Suzuki Motor Gujarat Private Limited (SMG), the company announced…
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Vijay Shekhar Sharma, the creator of Paytm, will buy a 10.30% interest in the business from Antfin Holding BV. 6.53 crore Paytm shares would be transferred by Antfin to Resilient…
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BusinessFinance
Highlights of Reliance Industries Limited (RIL)’s $17.7 trillion conglomerate from the annual report FY23
by Team, Endocby Team, EndocReliance Industries Limited discussed its future sustainability goals, the emphasis on Giga plants, and plans to produce green hydrogen in its annual report for FY 23. Reliance Industries Limited, one…
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BusinessFinance
SBI Has Been The Largest Lender Of Home Loans And Always Will Be, Claims Chairman Dinesh Khara
by Team, Endocby Team, EndocDinesh Khara, the chairman of State Bank of India (SBI), stated on August 4 that the public sector bank has led the market for home loans and will continue to…
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BusinessFinance
Why Did The Government Ban Computer And Laptop Imports? How Is It Benefiting India?
by Team, Endocby Team, EndocWith immediate effect, India has restricted some models of computer, tablet, and laptop imports, citing security concerns and the need to support indigenous production. According to the government, it is…
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Private Indian telcos Reliance Jio, Bharti Airtel, and Vodafone Idea are at odds with international businesses operating in the nation, like Amazon, over the definition of international SMS costs and…
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CountryBusiness
Railways to ask the government for approval of their ₹5.25 lakh crore linking proposal
by Team, Endocby Team, EndocIndia is working on an ambitious plan to build transport corridors for coal, iron ore, bauxite, and cement, allowing for the smooth transportation of these materials. Based on the PM…
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Singapore Airlines To Develop Network In India By Increasing The Number Of Flights
by Team, Endocby Team, EndocSingapore Airlines (SIA) has announced another record-breaking quarter, with net profits up 98.4% from the same period last year to SGD 734 million (USD 552 million). It reached a passenger…
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TechnologyBusiness
Elon Musk’s X Unveils The Global Ad Income Program For Verified Creators
by Team, Endocby Team, EndocX, formerly known as Twitter, has today formally begun its global ad income program for verified creators to earn money from advertising. What Is The Global Ad Income Program About?…
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Business
Senior Management Positions At Tata Consultancy Services (TCS) Has Changed
by Team, Endocby Team, EndocPDF Senior management positions (SMP) have changed, according to Tata Consultancy Services (TCS). Indian stock market bourses were advised of the changes in exchange communication by the country’s largest IT…
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Business
Kantar’s In-Home Brand Rankings for 2023 Show Parle At The Top
by Team, Endocby Team, EndocAccording to the Kantar Brand Footprint India 2023 study, which was released on Thursday, the biscuit brand Parle has been the “most-chosen” in-home brand among fast-moving consumer goods for a…
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New Policy of Disney Hotstar In an effort to combat account sharing, Disney’s streaming service in India, Disney Hotstar, is introducing a new policy that limits login access to only…
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Business
Renault Nissan’s Chennai Facility Hits A Production Milestone By Producing 2.5 Million Automobiles
by Team, Endocby Team, EndocIn a statement, Renault Nissan Automotive Pvt. Ltd. (RNAIPL) stated that 2.5 million vehicles have been produced at its cutting-edge Chennai facility. The alliance facility has produced approximately 1.92 lakh…
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TechnologyBusiness
Top Chip Sectors Like Foxconn, Micron, And AMD To Attend The Semicon India Conference
by Team, Endocby Team, EndocLeading chip sectors including Foxconn, AMD, Micron, and IBM will be present at the Gandhinagar, Gujarat, Semicon India conference. The purpose of the event is to draw investment into the…
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BusinessTechnology
Top US Automakers Plan To Create A New Firm To Compete With Tesla’s Supremacy In EV Charging
by Team, Endocby Team, EndocInitiative of US Automakers to Compete With Tesla In Matters of EV Charging To compete with Tesla’s EV charging infrastructure and benefit from the subsidies provided by the Biden administration,…
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Pankaj Munjal, the CEO of Hero Motors, a maker of auto parts, has selected three investment banks for an IPO that might raise up to 1,500Cr. The principal manager of…
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BusinessFinance
Visa Teams Up With Adani Group With A Goal of 40 Crore Customers
by Team, Endocby Team, EndocVisa and the Adani Group, a significant Indian conglomerate, have signed new co-brand credit card agreements during the most recent quarter. According to Ryan McInerney, CEO of Visa, this alliance…
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FinanceBusiness
Ambani’s Reliance Retail is a potential investment target for a sovereign fund from Qatar
by Team, Endocby Team, EndocAccording to three persons with knowledge of the negotiations, the Qatar Investment Authority (QIA), Qatar’s sovereign fund, is in talks to acquire a share in Mukesh Ambani’s Reliance Retail Ventures,…
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TechnologyBusinessFinance
Elon Musk’s Bold Plan: Turning Twitter Into A Leader In Financial Services
by Team, Endocby Team, EndocThe multi-billionaire businessman Elon Musk wants to turn Twitter into a comprehensive platform for financial services. According to Bloomberg, this bold endeavor is not the first time an internet giant…
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FinanceBusiness
Live Results for Tata Motors’ First Quarter: The Automaker Might Have A Successful Year With A 2,600 Crore Net Profit
by Team, Endocby Team, EndocTata Motors, the world’s largest automaker, is anticipated to post good financial results for the three months ended June 2023, driven by rising margins and robust sales at its luxury…
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BusinessCountry
The European Union Carbon Tax Would Be Contested By India At The WTO
by Team, Endocby Team, EndocIn order to achieve net zero emissions of greenhouse gases by 2050—earlier than India’s goal of 2070—the European Union last month approved the first-ever plan to impose a tax on…
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Last week, Café Coffee Day, the chain’s owner, was admitted to corporate insolvency. According to reports cited by Economic Times, IndusInd Bank petitioned the National Company Law Tribunal (NCLT), putting…
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Elon Musk, the owner of Twitter, said on Sunday that he intends to rename the service and get rid of its recognisable logo. The Twitter name, and eventually all the…