Mumbai International Airport raises $750 mn from Apollo managed credit fund
The proceed from the issuance of notes will be used to clear off debts & for expansion purposes.
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“Ukraine will win,” says UK PM Boris Johnson as he announces £300 mn military aid
PM Johnson hailed the Ukrainians for their fight against the Russian invasion. He further assured of supply of military & humanitarian aid to Ukraine.
Congress questions government on LIC IPO
LIC IPO is set to be open on May 4 for subscription. The government has set the price band at Rs 902- 949 a share.
Apple’s top 5 most profitable business segment
On January 3, 2022, during an intraday trading, the mcap of Apple surged past $3 trillion. But how does Apple earn so much? The answer lies in the performance of its various segments.
Jodhpur Communal Clash: Four policemen injured, Internet suspended
As Eid & Parshuram Jayanti is being celebrated on the same day. The violence took over on placing religious flags.
Adani Wilmar buys Kohinoor Brand Rice for an undisclosed amount
Adani Wilmar bought the rice brand from McCormick Switzerland GMBH for an undisclosed amount.
Adani Wilmar becomes India’s largest FMCG company as revenue surges 46% YoY
Adani Wilmar has surpassed Hindustan Unilever (HUL) & took the first position as an FMCG giant.
Britannia Industries reports net profit of Rs 380 crore in Q4, announces dividend
The biscuit maker recorded an income of Rs 3,508.35 crore from the sales of goods in Q4.
EU likely to ban import of Russian oil & gas by year-end: Report
EU energy minister will meet today for a crisis meeting amid fuel shortage.
PM Narendra Modi lands in Germany, scheduled to meet Chancellor Olaf Scholz
PM Modi will interact with leaders of the corporate world & is expected to announce partnerships with the government of Germany.
Committed to clear misunderstanding with govt: Xiaomi on ED’s action
An investigation was launched against Xiaomi & ED claimed that illegal remittances were sent abroad by the firm.
IDFC First Bank reports 168% YoY surge in net profit to Rs 342 crore in Q4
The net interest income (NII) rose 36% YoY to Rs 2,669 crore in Q4FY22, it was Rs 1,960 crore in the same quarter the previous year.
“Technology an essential part of judicial system,” says PM Modi at joint conference of CMs & Chief Justices
The joint conference is organized to create frameworks & form some simple processes so that justice can be delivered on time.
IndusInd Bank net profit surges 55% YoY to Rs 1,361 crore in Q4
The bank posted a gross NPA of 2.27% & a net NPA of 0.64% in Q4.
Wipro reports net profit of ₹3,087 crore in Q4
Revenue from operations surged 28% to Rs 20,860 crore in Q4.
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