Highlights
Government has received Rs 134 crore from CONCOR as dividend tranche...
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New Delhi: Anup Chandra Pandey appointed as new Election Commissioner..
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New Delhi: LIC Chairman M R Kumar got nine-month extension from Govt..
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New Delhi: India Oil Refiners Shut for Work Before Likely Demand Pickup..
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PFC extended 3 crores support for construction of Dr. KB Hegdewar School..
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New Delhi: NBCC signs MoU with ALIMCO to contribute 100.62 lacs..
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New Delhi: BDL received order of Rs 372.98 crore to supply MRSAM Missile..
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New Delhi: Market-Cap of all good PSUs stood 19.45 Lakh..
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New Delhi:GAIL honored with Golden Peacock Award..
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New Delhi: HSCC's agreement of worth 1,800 crore for upgradation medical projects..
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news
Air Chief Marshal VR Chaudhari, CAS presented Presidential Awards to 51 IAF personnel
New Delhi: Air Chief Marshal VR Chaudhari, CAS presented Presidential Awards to 51 IAF personnel at an Investiture Ceremony held at the National War Memorial in New Delhi on 26 April 24.
Posted Date : 27-04-24
BEL participates in India-Mozambique Defence industry interaction event
Mozambique: BEL participated in the India-Mozambique Defence industry interaction event held from April 25-26, 2024, at Maputo, Mozambique, and showcased its might in strategic Defence Electronics.
The event aimed at promoting strategic partnerships between the two countries in the area of Defenc
Posted Date : 27-04-24
T. Rabi Sankar re appointed as Deputy Governor of RBI
The Central Government has re-appointed Shri T. Rabi Sankar as Deputy Governor, Reserve Bank of India for one year with effect from May 03, 2024, or until further orders, whichever is earlier.
"Sankar, who has a Master of Philosophy in Economics from the Jawaharlal Nehru University in Delhi,
Posted Date : 27-04-24
Yes Bank Announces Financial Results for the Q4FY24
Yes Bank has announced its final quarter results where Net Profit for Q4FY24 is at Rs 452 Crore up by 123.2% Y-o-Y and 95.2% Q-o-Q, for combined FY24 Net Profit is at Rs 1,251 Crore up by 74.4% Y-o-Y.
Non-interest income shows strong momentum across diverse and granular fee streams with Q4F
Posted Date : 27-04-24
State Bank of India partners with HCL Software to digitally transform customer engagement
As part of the five-year agreement, HCLSoftware will deploy the HCL Unica platform to enable SBI to digitally transform its customer interaction framework and provide hyper-personalized communication across the bank’s diverse digital marketing channels, while adhering to the Digital Personal D
Posted Date : 27-04-24
HCL Technologies Q4 earnings, Net profit rises to Rs 3,995 crore, board announces dividend
The company has reported a net profit of Rs 3995 crore for the March 2024 quarter against Rs 3981 crore in the March 2023 quarter. Net profit stood at Rs 4351 crore in the December 2023 quarter. The board declared an interim dividend of Rs 18 per share equity share of Rs 2/- each of the co
Posted Date : 27-04-24
SBI Card Q4 FY24 Revenue Rises 14 percent to Rs 4,475, PAT Grows 11 percent to Rs 662 Crore
The Board of Directors of SBI Cards and Payment Services Limited approved the Company's results for the Q4 FY24 and financial year ended March 31, 2024, at their meeting held on Friday, April 26, 2024.
The company’s total Revenue increased by 14% YoY at Rs 4,475 Cr in Q4 FY24 vs Rs 3,91
Posted Date : 27-04-24
NABARD and RBI Innovation Hub Collaborate for revolutionizing Digital agri lending
In a landmark partnership aimed at revolutionizing digital agri lending, the National Bank for Agriculture and Rural Development (NABARD) will integrate its e-KCC loan origination system portal with the Public Tech Platform for Frictionless Credit (PTPFC) of Reserve Bank Innovation Hub (RBIH).
NA
Posted Date : 27-04-24
RBI Draft Guidelines on Digital Lending Transparency in Aggregation of Loan Products from Multiple Lenders
The central bank has invited the reference to the ‘Guidelines on Digital Lending’ issued vide Circular dated September 02, 2022, and the Statement on Developmental and Regulatory Policies dated December 08, 2023 wherein it was announced to issue a regulatory framework for aggre
Posted Date : 27-04-24
IndusInd Bank announces successful execution of RBI’s programmable CBDC pilot
IndusInd Bank has announced the successful execution of RBI’s programmable CBDC pilot, being the first Bank. This pilot project is executed in collaboration with Circularity Innovation Hub India Private Limited (CIH), as an alternate form of CBDC wherein the Bank can program the end use o
Posted Date : 27-04-24
IndusInd Bank Q4 results, net profit up by 21 percent
The Board of Directors of IndusInd Bank Limited approved the financial results of the Bank for the Quarter/ Year ended March 31, 2024, at their meeting held in Mumbai on Thursday, April 25, 2024. The Net Profit stood at Rs 8,977 crores for the year ended March 31, 2024, up by 21% over the prev
Posted Date : 27-04-24
Indian Air Force ushers in Digital Transformation with DigiLocker Integration
New Delhi: The Indian Air Force (IAF) embarked on a transformative digital journey by integrating with the DigiLocker platform, a flagship initiative under the Digital India programme, here on April 26, 2024. In a ceremonial event held at Air Headquarters, Vayu Bhawan, the IAF and Ministry of Electr
Posted Date : 26-04-24
19th Meeting of TOLIC (U) of Bhubaneswar organized at NALCO
Bhubaneswar: The 19th half-yearly meeting of Bhubaneswar Town Official Language Implementation Committee (Undertakings) was organized today at NALCO’s Corporate Office. Shri Sridhar Patra, Chairman-cum-Managing Director of NALCO, presided over the meeting. In the meeting, Shri Nirmal Kumar Dub
Posted Date : 26-04-24
Shriram Finance Posts Q4 FY 2023 Results
Mumbai: The Board Meeting of Shriram Finance Limited (SFL) (Formerly known as Shriram Transport Finance Company Limited STFC)) was held today to consider the audited financial results for the fourth quarter and the year ended 31st March 2024.
Financials (Standalone) :
Fo
Posted Date : 26-04-24
Indian Coast Guard Delegation Participates In World Border Security Congress In Istanbul
A two-member Indian Coast Guard delegation led by Additional Director General S Paramesh participated in the World Border Security Congress 2024 being conducted in Istanbul, Turkiye. The event was organized from April 24-26 in Istanbul.
The Indian Coast Guard presented a maritime perspective
Posted Date : 26-04-24
Tata Communications continues to be recognised for 11th straight year in Gartner Magic Quadrant
Tata Communications, the leading global comm tech (communications technology) player, proudly announces that it has been recognized as a Leader in the 2024 Gartner Magic Quadrant for Global WAN Services for the 11th consecutive year.
The evaluation from Gartner was based on specific criteria that
Posted Date : 26-04-24
Bank of Maharashtra Q4 results, Net Profit increased by 44.95 percent to Rs 1,218 crore
Based on the quarter ending, the Net Profit increased by 44.95 % to Rs 1,218 crore in Q4FY24 on a Y-o-Y basis as against Rs 840 crore for Q4FY23. The same is increased by 17.59 % on a Q-o-Q sequential basis.
Operating Profit has shown a growth of 19.10 % on a Y-o-Y basis to Rs 2,210 crore for Q4F
Posted Date : 26-04-24
ICICI Bank blocked 17,000 credit card data
These cards were unknowingly and erroneously linked to the wrong users in the bank's digital channels. The bank, however, has assured customers that the error has been rectified and there have been no reported instances of misuse. The lender has also promised to compensate any user who experienc
Posted Date : 26-04-24
RBI announces auction sale of Government securities
The Reserve Bank of India has announced the auction for the sale of Government Securities worth Rs 32,000 crore. The auction is scheduled to take place on Friday and aims to facilitate the sale or (re-issue) of Government Securities through a multiple price-based method.
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Posted Date : 26-04-24
IEEFA releases Indian States' Electricity Transition 2024 report
The first edition of the Institute for Energy Economics and Financial Analysis (IEEFA) and Ember’s State Electricity Transition (SET) report in 2023 analyzed 16 Indian states to help identify the areas that require action and attention at the state level. This year’s report builds on tha
Posted Date : 26-04-24