financial

VMS Industries Limited, a leading player in ship recycling and asset decommissioning, announced the declaration of a first interim dividend of Rs. 0.50 per share, which is 5% of the face value of Rs. 10 per share for the financial year 2024-25. This announcement was made during a meeting of the...

PNNMumbai (Maharashtra) [India], July 6: Emerald Finance Limited (BSE:EMERALD), a dynamic company offering a spectrum of banking products and financial services, today announced its unaudited financial results for Q1FY20. declare.Commenting on the financial performance, Sanjay Agarwal...

Kolkata: The fast-moving consumer goods (FMCG) sector is expected to see revenue growth of 7-9 per cent this financial year, according to a report released by Crisil Ratings on Saturday.The expected revenue growth in this financial year (2024-25) will be supported by higher volume growth due...

Gandhinagar (Gujarat) [India], Gujarat has recorded a 55 per cent rise in foreign direct investment (FDI) inflow during the financial year 2023-24, according to data released by the Department for Promotion of Industry and Internal Trade (DPIIT).According to DPIIT data released on Friday...

PNNNew Delhi [India], July 6: In 2024, the business landscape will be redefined by companies that are not only achieving success but also driving significant changes in various industries. From cutting-edge technology solutions to toxin-free consumer products, these organizations are...

Berhampur, the development board of the Marda Jagannath temple near Mathura in Odisha's Ganjam district, has sought financial assistance from the state government to perform daily rituals and maintenance of the more than 300-year-old temple, an official said.The temple served as a safe hideout...

As part of the workshop, Anna Roy, Mission Director, WEP and Chief Economic Advisor, NITI Aayog, launched several initiatives.Highlights included the announcement of a partnership between MAVIM and MSC under FWC to improve access to finance through alternative credit scoring mechanisms and...

Mumbai, RBI has canceled the license of Shimsha Co-operative Bank Niamitha, Maddur (Karnataka) in view of its deteriorating financial condition.As a result, the bank ceases to transact banking business from the close of business on Friday (July 05, 2024), the Reserve Bank said in a statement...

Ahmedabad, Gujarat, has attracted foreign direct investment (FDI) of $7.3 billion in the financial year 2023-24, an increase of 55 per cent over the previous fiscal year, the state government said in a statement on Friday.With this, Gujarat now stands second in the country after Maharashtra in...

Starting in Varanasi, the ambitious initiative promises substantial financial savings and environmental benefits to residents through next-generation rooftop solar solutions, the company said on Friday.Consumers in the state can avail a maximum subsidy of up to Rs 1,08,000 for rooftop solar...

New Delhi, ACESO, a technology platform in the insurance assignment business, plans to add 60 more channel partners in the current financial year.The company currently has 40 channel partners."Currently, we have 40 channel partners and we want to add another 60 more channel partners during...

Mumbai, Reserve Bank CEO Neeraj Nigam on Friday said low participation of women in the workforce is a barrier to financial inclusion efforts and also broader economic growth.He said there is also a need to increase the supply of credit to women, noting that only 7 percent of total outstanding...

PNNMumbai (Maharashtra) [India], July 5: LoanXpress.com, a digital platform owned by Vermillion Finalytics, is dedicated to helping small and medium businesses (SMEs) in India to raise debt capital from lenders. Recently, the platform has expanded its focus to the ESG (environmental, social...

CHENNAI: Private sector life insurance company Shriram Life Insurance Company has launched a deferred annuity plan aimed at providing a stable retirement income for customers, the company said.With annuity plans starting at Rs 60,000 per annum, the entry age for the plan is 40 to 75 years and...

Addressing an event while being awarded the prestigious Honorary Fellowship at the London School of Economics and Political Science (LSE), Singh further said that he is honored to join the ranks of Indians like Nobel laureate Professor Amartya Sen and former President KR Narayanan. Feeling. ...

PNNMumbai (Maharashtra) [India], July 5: The National Stock Exchange (NSE) has approved the draft Red Herring Prospectus (DRHP) of Positron Energy Limited, facilitating the initial public offering (IPO) of the company. Positron Energy Limited had filed necessary documents with the stock...

A senior official revealed the ministry's plan to increase production to produce 4,485 non-AC coaches in the current financial year (2024-25) and 5,444 of these non-AC coaches in 2025-26.Additionally, the Railways plans to manufacture more than 5,300 general coaches to significantly increase...

New Delhi, Ahead of the presentation of the Union Budget, Andhra Pradesh Chief Minister N. Chandrababu Naidu on Friday met Union Finance Minister Nirmala Sitharaman and pressed for enhanced financial support to the debt-ridden state.Sources said Naidu, during the meeting at North Block...

New Delhi, Kalyan Jewelers on Friday reported 27 per cent year-on-year growth in consolidated revenue for the first quarter of financial year 2024-25, driven by strong performance in both the Indian and Middle Eastern markets.The company had reported a consolidated net revenue of Rs 4,376...

The cost of the vegetarian thali increased due to an increase of 30 per cent, 46 per cent and 59 per cent in prices of tomatoes, onions and potatoes respectively, mainly due to the low base of the previous financial year.“Tomatoes, onions and potatoes have been major contributors to this...