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Business

Zinc futures gain on strong demand
Business, News

Zinc futures gain on strong demand

New Delhi, May 26 Zinc prices rose by 40 paise to Rs 257.15 per kg in futures trade on Monday amid strong spot demand. Zinc contracts for June delivery rose 40 paise, or 0.16 percent, to Rs 257.15 per kg on the Multi Commodity Exchange in a business of 2,244 lots. Zinc prices rose in futures trade as participants increased the size of their deals following a rise in demand from consumer industries, market sources said.
Toyota Kirloskar Motor opens new dealership in Jorhat, bringsquality service closer to consumers
Business

Toyota Kirloskar Motor opens new dealership in Jorhat, bringsquality service closer to consumers

Toyota Kirloskar Motor (TKM) has launched its new dealership, Preet Toyota, in Jorhat, Assam, aiming to provide customers in Northeast India with easier access to Toyota’s trusted vehicles and services. Spread across 26,000 sq. ft., the facility offers a full range of Sales, Service, and Spares (3S) support, including the T Gloss studio for premium car care and Toyota U-Trust for buying, selling, and exchanging used cars. The inauguration was attended by senior Toyota officials including Mr. Masaru Shimada and Mr. Arun G Nair. For consumers in Jorhat, this new dealership means convenient access to popular models like the Innova Hycross, Fortuner, and luxury cars like the Camry Hybrid. The dealership is well-equipped to deliver a seamless and trustworthy ownership experience, reflecting...
JSW Steel’s fourth quarter profit increase 13.54% to Rs 1,501 crore
Business, News

JSW Steel’s fourth quarter profit increase 13.54% to Rs 1,501 crore

New Delhi, Sajjan Jindal-led JSW Steel on Friday reported that its consolidated net profit rose 13.54 per cent to Rs 1,501 crore in the March 2025 quarter due to reduction in expenses. The company said in an exchange filing that it had a net profit of Rs 1,322 crore in the January-March period of the previous fiscal. The company's total income during the fourth quarter declined to Rs 45,049 crore from Rs 46,511 crore in the fourth quarter of FY 2024. However, JSW Steel reduced expenses to Rs 43,032 crore from Rs 44,401 crore in the same quarter a year ago. For the full FY25, the company's net profit declined 61 percent to Rs 3,491 crore as against Rs 8,973 crore in FY24. "The profit after tax of Rs 1,501 crore in the fourth quarter is after considering a charge of Rs 44 cro...
Gold price rose to Rs 98,650 per 10 grams, silver gains
Business, News

Gold price rose to Rs 98,650 per 10 grams, silver gains

New Delhi, May 22 Gold prices in the national capital on Thursday rose by Rs 200 to Rs 98,650 per 10 grams on increased demand from local jewellers and stockists, according to the All India Sarafa Association.Gold of 99.5 percent purity rose by Rs 200 to Rs 98,200 per 10 grams (inclusive of all taxes) on Thursday.In contrast, silver prices in local markets rose by Rs 2,040 to Rs 1,01,200 per kg (inclusive of all taxes) on Thursday.Strong global trends and rising tensions in the Middle East also supported local prices, the association said."Gold prices continued to rise as the US dollar remained under pressure following fresh concerns over economic stability," said Chintan Mehta, chief executive officer, Abans Financial Services.US President Donald Trump's proposed budget, which includes s...
Copper futures prices jump on increased spot demand
Business, News

Copper futures prices jump on increased spot demand

New Delhi, May 22: Copper futures prices rose 0.24 percent to Rs 862.85 per kg on Thursday due to increased spot demand. The price of copper contracts for June delivery on the Multi Commodity Exchange rose by Rs 2.10 or 0.24 percent to Rs 862.85 per kg in a business turnover of 5,270 lots. Analysts attributed the rise in copper prices to higher bets by participants.
Vi enhances three international roaming (IR) postpaid plans this travel season
Business

Vi enhances three international roaming (IR) postpaid plans this travel season

In response to the accelerating growth of international travel from India, Vi has upgraded its International Roaming (IR) postpaid plans, offering double data, unlimited incoming calls, and baggage protection across 145+ countries. This move aligns strategically with the Ministry of Civil Aviation’s report of an 11.4% increase in international passenger traffic from January to November 2024, signaling strong demand for reliable global connectivity solutions. Vi’s enhanced IR packs, starting at Rs 649, now provide significant value by doubling data allowances—from 1GB on the one-day pack to 30GB on the 30-day plan—while maintaining unlimited free incoming calls and SMS benefits. Customers can activate these plans up to 60 days in advance via the Vi app or website, supported by 24x7 roam...
Jayant Chaudhary launches North East Apprenticeship Pilot to boost youth skilling and employment
Business

Jayant Chaudhary launches North East Apprenticeship Pilot to boost youth skilling and employment

In a significant step toward empowering youth and fostering inclusive regional development, Union Minister of State (Independent Charge) for Skill Development and Entrepreneurship Jayant Chaudhary and Mizoram Chief Minister Lalduhoma jointly launched the North East Apprenticeship Pilot Scheme in Aizawl on Tuesday. The scheme, aligned with the Prime Minister’s vision of Viksit Bharat, aims to provide structured and paid apprenticeship opportunities to over 26,000 youth from the North East. Beneficiaries will receive an additional ₹1,500 per month for a year, apart from the regular stipend under the National Apprenticeship Promotion Scheme (NAPS). A total of ₹43.94 crore has been allocated, including ₹4 crore for outreach and implementation. Minister Chaudhary called it a “defining mo...
Vi Launches Campaign Celebrating 100,000 New Towers
Business

Vi Launches Campaign Celebrating 100,000 New Towers

Vodafone Idea Limited (Vi) today announced a significant milestone in its network expansion journey, adding more than 100,000 new towers across India within the first six months of FY24-25. This strategic enhancement underscores Vi’s commitment to delivering superior connectivity and expanding its 4G and 5G footprint nationwide. In line with this achievement, Vi launched an innovative campaign featuring “Netties,” animated mobile tower avatars portrayed as a cricket team, symbolizing the brand’s network strength and agility during the IPL season. Developed by Ogilvy India, the campaign includes two TV commercials running across multiple platforms including TV, OTT, radio, and social media. Vi has successfully rolled out 5G services in Mumbai, Chandigarh, and Patna, with plans underway ...
NLC India’s fourth quarter profit increase to Rs 468.46 crore
Business, News

NLC India’s fourth quarter profit increase to Rs 468.46 crore

New Delhi, May 20, NLC India Limited on Monday reported that its consolidated profit for the quarter ended March 2025 rose four-fold to Rs 468.46 crore.The company had reported a consolidated profit of Rs 113.95 crore in the same quarter a year ago.NLC India Limited said in a notice to BSE that the consolidated income of the company in the January-March quarter declined to Rs 3,971.90 crore from Rs 4,034.53 crore in the same quarter a year ago.The company said in a statement that in addition to the interim dividend of 15 percent (Rs 1.5 per share) on the paid-up equity share capital already declared and paid, a final dividend of 15 percent for 2024-25 has been recommended, subject to the approval of the shareholders at the Annual General Meeting.NLC is a public sector company engaged in l...
Aluminium Futures jump on Fresh Bets
Business, News

Aluminium Futures jump on Fresh Bets

New Delhi, May 19 Aluminium prices on Monday rose marginally by Rs 1.25 to Rs 239.10 per kilogram in the futures market as speculators built up fresh positions amid a positive trend in the spot market. On the Multi Commodity Exchange, aluminium for delivery in June increased Rs 1.25 or 0.52 percent to Rs 239.10 per kg in 2,154 lots. Analysts said fresh positions created by traders amid demand from consuming industries supported aluminium prices in the futures market.