Posts in category Business Standard
Landmark Cars gets LoI from MG Motor for Mumbai dealership (08-02-2024)
Landmark Cars said that it has received a letter of intent (LoI) from MG Motor India for opening a dealership in Mumbai, Maharashtra.
Star Cement hits record high as PAT climbs 39% YoY in Q3 (08-02-2024)
Star Cement rallied 4.61% to Rs 196.40 after the cement maker's consolidated net profit grew 39.06% to Rs 73.52 crore in Q3 FY24 as against Rs 52.87 crore in Q3 FY23.
Darshan Orna Ltd leads gainers in ‘B’ group (08-02-2024)
National Standard (India) Ltd, Geecee Ventures Ltd, TRF Ltd and Vadilal Industries Ltd are among the other gainers in the BSE's 'B' group today, 08 February 2024.
Borosil Renewables slumps on reporting net loss of Rs 15 cr in Q3 FY23 (08-02-2024)
Borosil Renewables declined 7.59% to Rs 561.85 after the company reported consolidated net loss of Rs 15.55 crore in Q3 FY24 as compared with net profit of Rs 5.23 crore recorded in Q3 FY23.
General Insurance Corporation of India leads gainers in ‘A’ group (08-02-2024)
New India Assurance Company Ltd, Just Dial Ltd, Trent Ltd and Cummins India Ltd are among the other gainers in the BSE's 'A' group today, 08 February 2024.
TCS inks multi-year agreement to modernize Enento Group’s IT infrastructure, digital workplace (08-02-2024)
Tata Consultancy Services (TCS) said that it has entered into a strategic partnership with Enento Group for transforming the latter's IT applications, cloud, digital workplace, and IT security for resilient business operations.
Sensex tumbles 628 pts; PSU bank rally for 2nd day (08-02-2024)
At 11:26 IST, the barometer index, the S&P BSE Sensex, dropped 627.49 points or 0.87% to 71,524.51. The Nifty 50 index declined 173.95 points or 0.79% to 21,756.55.
RBI Proposes to enable additional use cases for CBDC pilot (08-02-2024)
The CBDC Retail (CBDC-R) pilot currently enables Person to Person (P2P) and Person to Merchant (P2M) transactions using Digital Rupee wallets provided by pilot banks. The Reserve Bank of India now proposed to enable additional use cases using programmability and offline functionality. Programmability will permit users like, for instance, government agencies to ensure that payments are made for defined benefits. Similarly, corporates will be able to program specified expenditures like business travel for their employees. Additional features like validity period or geographical areas within which CDBC may be used can also be programmed. Second, it is proposed to introduce an offline functionality in CBDC-R for enabling transactions in areas with poor or limited internet connectivity. Multiple offline solutions (proximity and non-proximity based) across hilly areas, rural and urban locations will be tested for this purpose. These functionalities will be introduced through the pilots in .
Rate sensitive shares trade mixed post RBI policy; SBI surges 6% (08-02-2024)
The Reserve Bank of India's Monetary Policy Committee (RBI MPC) on Thursday decided to keep the repo rate unchanged at 6.5 per cent for the sixth consecutive time.
Sobha slides after Q3 PAT drops 53% YoY to Rs 15 cr (08-02-2024)
Sobha declined 4.01% to Rs 1,413.10 after the real estate developer's consolidated net profit dropped 52.58% to Rs 15.08 crore in Q3 FY24 as against Rs 31.80 crore posted in Q3 FY23.