Daily Business News

 HERO MOTO CORP REPORTS REVENUE OF RS 8307 CRORE, WITH A GROWTH OF 12% AND PAT AT RS 859 CRORE, A GROWTH OF 37% DECLARES FINAL DIVIDEND OF Rs. 35 PER SHARE TOTAL DIVIDEND (INTERIM+FINAL) Rs. 100 PER SHARE i.e 5000%

HDFC  inform you that the Corporation has sold 1,87,06,774 equity shares of Re. 1 each of Siti Networks Limited (“Siti”), representing 2.15% of the paid-up share capital of Siti. Post the said sale, the Corporation would hold 5,66,67,989 equity shares of Re. 1 each of Siti representing 6.49% of its paid-up share capital.

  DUBAI, United Arab Emirates | BANGALORE, India – May 04, 2023 : Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO), a leading technology services and consulting company, announced the appointment of Soeren Lorenzen as the Chief Growth Officer of its Asia Pacific, Middle East and Africa (APMEA) strategic market unit. Soeren will lead APMEA’s sales, marketing, and partnerships teams. He will also work closely with Wipro’s Growth Office, bringing together the best of the company’s integrated capabilities and global scale to customers in the region.   Soeren comes to Wipro with over two decades of expertise in strategic account management, large deals pursuits, and sales excellence. Previously, he held a series of progressively higher positions in companies such as Hewlett Packard (HP), Injazat and Nilfisk. At HP, Soeren achieved the firm’s highest accreditation for Account General Managers responsible for driving growt

  ·          APSEZ records its highest-ever monthly cargo volume in Apr’23 at 32.3 MMT ·          Krishnapatnam Port and Tuna Port monthly volumes at an all-time high ·          Domestic container cargo volumes jumped 13.6% YoY   Ahmedabad, 4 May 2023: Adani Ports and Special Economic Zone Ltd (APSEZ), the largest integrated transport utility in India and a part of the diversified Adani Group, handled 32.3 MMT of total cargo in April 2023, implying a Y-o-Y growth of 12.8%. This growth in cargo volumes is supported by dry cargo volumes increase of 9% (iron ore 64%, non-coking coal 22%, and coastal coal 67%) and container volume increase of 13.6%.   “Growth in cargo volumes across most of our ports reflects that our strategy of improving operational efficiency is delivering results and this will  continue  to boost the ROCE of port assets” said Mr. Karan Adani, CEO and Whole Time D

Covid-19 India live updates:  India reports 3962 new Covid cases, 7873 Recovered, Total of active cases 40177 in the last 24 hours. 220.66 Total Vaccine doses have been administered so far under Nationwide Vaccination Drive 3962 new cases recorded in the last 24 hours. India's Active caseload currently stands at 40177 7873 Recoveries in the last 24 hours increases Total Recoveries to 4,42,61,476 3962 new cases recorded in the last 24 hours. 22Death cases in in the last 24 hours. 92.7 cr Total Tests conducted so far; 182294tests conducted in the last 24 hours

 

02/05/2023 17:30 Negative Tata Steel Q4 Results: Profit falls 82% YoY to Rs 1,705 crore; revenue drops 9% 02/05/2023 16:01 Positive Dialog, Axiata Group and Bharti Airtel sign binding term sheet to combine operations in Sri Lanka 02/05/2023 00:00 Positive TCS Named a Leader in the IDC MarketScape for Intelligent Digital Workplace Services, Asia/Pacific 02/05/2023 00:00 Positive Airtel Payments Bank rolls out face authentication for AePS 02/05/2023 00:00 Below Negative is hereby informed that a fire occurred at one of the VSF manufacturing Unit of the Company at Harihar, 02/05/2023 00:00 Positive NTPC coal output from captive mines more than doubled to 2.75 mt in April 02/05/2023 00:00 Top 5 Cars Launches This Month: MG Comet EV To Maruti Suzuki Jimny & More 02/05/2023 00:00 Positive Kotak Mahindra Bank Increases Annual Charges On Debit Cards; Details Here 02/05/2023 00:00 Positive Pine Labs To Accept Digital Rupee In Mumbai and Bengaluru, Partners With ICICI Bank 02/05/202

Titan Co.’s quarterly profit surged, in line with estimates, boosted by a favourable base and robust jewellery sales during the wedding season.  Consolidated net profit of the country’s largest branded jewellery maker rose 40% over the previous year to Rs 736 crore in the quarter ended March, according to its exchange filing.  That compares with the Rs 746.7-crore consensus estimate of analysts tra  

  we would like to inform you that as on date Axis Bank has Nil (fund based and non-fund based) outstanding from Go Airlines.  You are requested to take note of the above and arrange to bring the same to the notice of all concerned.

Covid-19 India live updates:  India reports 3720 new Covid cases,7698 Recovered ,Total active case 44175 in last 24 hours. 220.66 Total Vaccine doses have been administered so far under Nationwide Vaccination Drive 3720 new cases recorded in the last 24 hours. India's Active caseload currently stands at 44175 7698 Recoveries in the last 24 hours increases Total Recoveries to 4,42,61,476 3720 new cases recorded in the last 24 hours. 20Death cases in in the last 24 hours. 92.7 cr Total Tests conducted so far; 150735tests conducted in the last 24 hours

  Washington D.C, Texas & Mumbai, May 3, 2023 : JSW Steel USA Ohio, Inc. a subsidiary of JSW Steel Ltd. (India’s leading steel company and the flagship business of US $22 billion JSW Group), with over 750 employees in the United States, announced its plans to invest US$ 145 million in new projects to upgrade its manufacturing operations in Mingo Junction, Ohio. JSW Steel USA aims to meet the demand for quality steel products that are “melted & manufactured in the US”. This is in alignment with President Biden Administration’s Buy America policies. The new investments were announced at the SelectUSA Investment Summit held in National Harbour MD.   Announcing the new investments, Parth Jindal, Director of JSW Steel USA said, “These new investments reiterate JSW’s commitment to a sustainable & green future. The operational upgrades being made at JSW Steel USA are a progresive step towards achieving our long term ESG goals. These investments & p