Affle Q4 profit jumps three-fold to Rs 59 crore; revenue rises to Rs 177.58 crore

Affle Q4 profit jumps three-fold to Rs 59 crore; revenue rises to Rs 177.58 crore Affle delivered broad-based growth from both existing and new customers across the top 10 resilient industry verticals, it said in a statement.

Fortis Healthcare posts Q4 net profit of Rs 62.36 crore

Fortis Healthcare posts Q4 net profit of Rs 62.36 crore Revenue from operations of the company stood at Rs 4,030.12 crore for the financial year ended March 2021.

Central Bank of India allots over 280 crore preferential shares to govt for capital infusion

Central Bank of India allots over 280 crore preferential shares to govt for capital infusion The allotment has been done subsequent to passing of the special resolution by shareholders at an extraordinary general meeting held on May 18, it said.

Freight train on DFC clocks record speed of 99.38 kmph, runs faster than Rajdhani trains

Freight train on DFC clocks record speed of 99.38 kmph, runs faster than Rajdhani trains The freight train on Saturday which achieved the highest speed completed its 351 km journey in three hours and twenty minutes.

Kotak Mahindra Bank board approves proposal to raise Rs 5,000 crore via debt

Kotak Mahindra Bank board approves proposal to raise Rs 5,000 crore via debt The capital is to be raised in one or more tranches, subject to the approval of the members of the bank at the ensuing Annual General Meeting and any other approvals, it said.

Gold prices end flat on firm rupee, inflation hedge; to hover around Rs 51,200 per 10 gm in June

Gold prices end flat on firm rupee, inflation hedge; to hover around Rs 51,200 per 10 gm in June The bullion metal has been trading higher than 20, 50 and 100 days#39; moving averages but lower than the 5 and 200 days’ moving averages on the daily chart.

Mahindra Mahindra expects car sales to take two years to rebound after COVID shock

Mahindra Mahindra expects car sales to take two years to rebound after COVID shock Battered by the pandemic in 2020 and an economic slowdown in 2019, passenger vehicle sales in India fell to 2.7 million units in the last fiscal year - their lowest level in six years and well below the peak of 3.4 million units in fiscal year 2019.

Crude oil prices climb 4.16% on improved demand forecast; resistance seen around Rs 5,000

Crude oil prices climb 4.16% on improved demand forecast; resistance seen around Rs 5,000 Prices could move higher as demand could continue to lend support. However, concerns about Indian demand and expectations for potential supply increase from Iran could cap upside.

This week in Auto: Mahindra rolls out product plans, Auto companies fight Coronavirus, worker unrest and more

This week in Auto: Mahindra rolls out product plans, Auto companies fight Coronavirus, worker unrest and more Here is a complete list of all the important developments of the week in the auto space

Dominican court blocks removal of fugitive businessman Mehul Choksi: Here#39;s all you need to know about extradition

Dominican court blocks removal of fugitive businessman Mehul Choksi: Here#39;s all you need to know about extradition The Dominican court has restrained local authorities from removing Mehul Choksi from the country, throwing up a hurdle to India#39;s attempts to have him brought home and tried in the PNB scam.

MCX natural gas futures rise 2.4% to Rs 217.50/mmBtu; experts advise sell-on-rise strategy

MCX natural gas futures rise 2.4% to Rs 217.50/mmBtu; experts advise sell-on-rise strategy NYMEX Natural Gas could trade in the range of $2.75-$3.35 levels in the coming week.

Amazon#39;s MGM deal | Amul celebrates with tropical ad, says #39;Bezos gets the lion’s share#39;

Amazon#39;s MGM deal | Amul celebrates with tropical ad, says #39;Bezos gets the lion’s share#39; The ad was created by Amul and its advertising agency daCunha Communications which features Amazon’s Jeff Bezos standing next to Leo. Leo is the eighth lion that is being used in the MGM logo since 1957.

War of words over vegan milk: Here is how Amul MD RS Sodhi has replied to PETA India

War of words over vegan milk: Here is how Amul MD RS Sodhi has replied to PETA India In a letter to Amul Managing Director RS Sodhi, PETA said the dairy cooperative society should get benefitted from the booming vegan food and milk market.

Apple delays launch of Podcast Subscription service until June

Apple delays launch of Podcast Subscription service until June Apple’s new Podcast Subscriptions service will allow users to sign up for freemium or paid podcast shows as posted by creators.

FM Nirmala Sitharaman on next stimulus package: ‘Not taken final call, consulting states’

FM Nirmala Sitharaman on next stimulus package: ‘Not taken final call, consulting states’ FM Nirmala Sitharaman’s statement came at a time when chorus for another stimulus package has grown amid massive stress in the economy due to curbs linked to the second wave of COVID-19

US pips Mauritius as second largest source of FDI in India in 2020-21: DPIIT data

US pips Mauritius as second largest source of FDI in India in 2020-21: DPIIT data Singapore remained the top source of foreign direct investment (FDI) into the country for the third consecutive fiscal at $17.41 billion.

COVID-19 impact? Offshore accounting jobs are coming to India

COVID-19 impact? Offshore accounting jobs are coming to India There is a boom in offshore accounting jobs in India with remote working become the new normal. Indian professionals in various levels of their CA qualification can now get a chance to join global accounting firms.

Tiger Global, B Capital in talks to pick up stake in PharmEasy: Report

Tiger Global, B Capital in talks to pick up stake in PharmEasy: Report The deal is expected to value PharmEasy#39;s parent company API Holdings at around $1.8 billion.

PETA India asks Amul to switch to producing vegan milk

PETA India asks Amul to switch to producing vegan milk In a letter to Amul Managing Director RS Sodhi, PETA said the dairy cooperative society should get benefitted from the booming vegan food and milk market.

Top cryptocurrency prices today: Bitcoin, dogecoin, ethereum and more

Top cryptocurrency prices today: Bitcoin, dogecoin, ethereum and more Top cryptocurrency prices today: All major cryptocurrencies including Bitcoin were trading in the red, with volatility persisting in the market.