Saturday, November 1

Business

Toyota Kirloskar Motor launches the Innova Crysta GX+; set new standards in comfort and performance
Business

Toyota Kirloskar Motor launches the Innova Crysta GX+; set new standards in comfort and performance

Toyota Kirloskar Motor (TKM) has once again raised the bar in the MPV segment with the introduction of the new Innova Crysta GX+ grade. Packed with 14 additional features, the GX+ grade embodies TKM's commitment to customer satisfaction, offering a perfect blend of functionality and style. The Innova Crysta GX+ is designed to cater to diverse customer preferences, featuring a rear camera, auto-fold mirrors, DVR, diamond-cut alloys, wooden panels, and premium fabric seats. Available in 7- and 8-seater options, this new grade comes in five vibrant colors, adding a touch of individuality to every journey.Mr. Sabari Manohar, Vice President of Sales-Service-Used Car Business at Toyota Kirloskar Motor, expressed, "The Innova brand has long been synonymous with quality and trust, setting indu...
Dr Reddy’s profit after tax gain 36% to Rs 1,307 Crore, revenue Rs 7,083 Crore
Business, Latest

Dr Reddy’s profit after tax gain 36% to Rs 1,307 Crore, revenue Rs 7,083 Crore

Dr Reddy's Laboratories on Tuesday reported a 36% rise in its consolidated profit after tax to Rs 1,307 Crore for the quarter ending March 2024 due to strong sales in the US market. The Hyderabad-based drug major had reported a profit after tax of Rs 959 Crore in the January-March quarter of financial year 2022-23. Revenue increased to Rs 7,083 Crore in the period under review from Rs 6,297 Crore in Q4FY13. For the full year ending March 31, 2024, the drug major said its PAT increased to Rs 5,568 Crore compared to Rs 4,507 Crore in financial year 2022-23. Revenue increased to Rs 27,916 Crore in FY24, compared to Rs 24,588 Crore in FY23. “Our growth and profitability in FY2024 is driven by our performance in the US. We have also made significant progress on future growth drivers t...
Samsung’s ‘Solve for Tomorrow’ event fuels innovation in Guwahati
Business

Samsung’s ‘Solve for Tomorrow’ event fuels innovation in Guwahati

Samsung's 'Solve for Tomorrow' event witnessed an extraordinary display of youth innovation as over a hundred students from Guwahati showcased their environmental solutions at IIT Guwahati and the Royal Global University. The event, a national education and innovation competition, attracted enthusiastic participation from young minds committed to addressing pressing global issues. Students, aged 14 to 22, presented diverse solutions ranging from waste segregation to climate unpredictability. They emphasized the importance of platforms like 'Solve for Tomorrow' in guiding their ideas towards impactful solutions that benefit society.Dr. Jatin Wahane, a Karamveer Chakra recipient and esteemed rocket scientist, inspired attendees with his insights into transformative innovation. Samsung's ...
Samsung’s ‘Solve for Tomorrow’ event fuels innovation in Guwahati
Business

Samsung’s ‘Solve for Tomorrow’ event fuels innovation in Guwahati

Samsung's 'Solve for Tomorrow' event witnessed an extraordinary display of youth innovation as over a hundred students from Guwahati showcased their environmental solutions at IIT Guwahati and the Royal Global University. The event, a national education and innovation competition, attracted enthusiastic participation from young minds committed to addressing pressing global issues. Students, aged 14 to 22, presented diverse solutions ranging from waste segregation to climate unpredictability. They emphasized the importance of platforms like 'Solve for Tomorrow' in guiding their ideas towards impactful solutions that benefit society.Dr. Jatin Wahane, a Karamveer Chakra recipient and esteemed rocket scientist, inspired attendees with his insights into transformative innovation. Samsung...
Yamaha’s ‘Call of Blue Weekend’ creates a roaring success in Shillong
Business

Yamaha’s ‘Call of Blue Weekend’ creates a roaring success in Shillong

Yamaha enthusiasts in Shillong were treated to an electrifying experience as India Yamaha Motor Pvt. Ltd. (IYM) rolled out its much-anticipated "Call of the Blue" (COTB) Weekend event today at the Polo Parking Lot, Golf Link. With over 750 passionate Yamaha fans in attendance, the atmosphere was charged with excitement and anticipation. The event served as a platform for Yamaha aficionados to immerse themselves in the world of premium two-wheelers, showcasing the brand's latest models and cutting-edge technology. Activities such as the Gymkhana Ride and Wooden Plank Challenge allowed participants to demonstrate their riding skills and receive expert guidance for improvement, fostering a sense of community among attendees. Among the highlights were the stunning displays of Yamaha's S...
NSE Q4 results: Profit upturn 20% to Rs 2,488 Crore
Business, Latest

NSE Q4 results: Profit upturn 20% to Rs 2,488 Crore

 The National Stock Exchange (NSE) on Friday reported :  20% year-on-year rise in consolidated net profit at Rs 2,488 Crore for the three months ending March 2024. NSE said in a statement that consolidated operating revenue in the January-March quarter of financial year 2023-24 stood at Rs 4,625 Crore, showing a growth of 34% year-on-year. Apart from trading, the exchange said the total profit was also supported by other revenue lines as well as listing, index services, data services and co-location facility. The NSE board has optional a dividend of Rs 90 per share (pre-bonus) for the financial year ending 2023-24, which equates to a payout of Rs 4,455 Crore. Also, the board has recommended issuing 4 bonus shares for every existing 1 share. This increase in the au...
Etihad Airways expands interline partnerships with five airlines for seamless travel experience
Business

Etihad Airways expands interline partnerships with five airlines for seamless travel experience

Eithad has collaborated with Kam Air in Afghanistan, Jeju Air in Korea, Myanmar Airways International, SKY express in Greece and Rex Airlines in Australia. Etihad Airways has established reciprocal interline collaborations with 5 new airline partners, further widening travel options for people across its expanding global network. The interline agreements provide customers of all airlines involved enhanced connectivity to destinations across each other's networks, allowing guests to book their entire journey on a single ticket and have their baggage checked through seamlessly to their destination. Arik De, Etihad's Chief Revenue and Commercial Officer, said, "We continue to broaden our network reach enabling seamless connection across our network, giving our guests a broader range...
Vi unveils new international roaming packs for Azerbaijan and 12 other African countries
Business

Vi unveils new international roaming packs for Azerbaijan and 12 other African countries

Azerbaijan has experienced a significant increase in Indian tourists visiting the country in recent years. A 2023 study revealed a 100% increase in tourism, with 120,000 Indian visitors visiting Azerbaijan, a significant increase from the previous year. Vi, a leading telecom operator, has introduced new international roaming packs for Azerbaijan and 12 other African countries to cater to the country's growing popularity. Vi Postpaid users can now enjoy seamless connectivity in Azerbaijan and African countries with international roaming packs starting at just Rs 749 for travelers to Cameroon, Sudan, Rwanda, Ivory Coast, Liberia, and South Sudan.  Vi Postpaid users will have a variety of options including a 24-hour pack, a 10-day pack, a 14-day pack, and a 30-day pack to stay con...
Share of Russian crude in India’s imports progress to nearly 40% in April
Business, Finance

Share of Russian crude in India’s imports progress to nearly 40% in April

Russia increased its share of Indian crude imports from 30% in March to nearly 40% in April, closing at its all-time peak of 42% last July, as higher global oil prices forced Indian refiners to seek concessional Russian oil, inspired to increase barrel intake to reduce their average crude oil purchasing cost. Indian refiners imported 1.78 million barrels per day (mb/d) of crude oil from Russia in April, up 19% from March, according to energy cargo tracker Vortexa.
Tamil Nadu: Private bank held a woman hostage after husband didn’t pay loan installment of Rupees 770 in Salem
Business

Tamil Nadu: Private bank held a woman hostage after husband didn’t pay loan installment of Rupees 770 in Salem

A shocking incident took place in Tamil Nadu’s Salem district when a branch of a private bank allegedly held a woman captive on Wednesday(1, May) after her husband failed to pay a loan installment. The woman was eventually let go after her husband paid the loan installment of Rs 770. He borrowed Rs 35,000  According to employees of the branch, the man identified as Selvam (name changed) a daily wager who lives in  Dukiyambalayam, next to Vazhappadi in Salem district had been provided a loan of Rs 35,000 with a weekly installment of Rupees 770 for 52 weeks. He is said to have asked for the loan due to a severe financial crisis in his house. The woman was confined to the bank In this case, he failed to pay the installment for this week. Suba, a bank employee, went t...