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Read more about the article Indian Government Gives Samsung Permission to Import Laptops and Tablets

Indian Government Gives Samsung Permission to Import Laptops and Tablets

  • Post author:cioworld
  • Post published:November 3, 2023
  • Post category:News
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The Indian government abruptly stopped allowing brands without a license to import laptops, PCs, and tablets into the nation three months ago. Brands were forced to start assembling laptops locally…

Continue ReadingIndian Government Gives Samsung Permission to Import Laptops and Tablets
Read more about the article October Saw a Spike in GST Receipts to ₹1.72 lakh cr, the Second-Highest Ever

October Saw a Spike in GST Receipts to ₹1.72 lakh cr, the Second-Highest Ever

  • Post author:cioworld
  • Post published:November 2, 2023
  • Post category:News
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The Finance Ministry announced on Wednesday that the government has received over Rs 1.72 lakh crore through GST in October, driven by greater compliance and the demand of the festive…

Continue ReadingOctober Saw a Spike in GST Receipts to ₹1.72 lakh cr, the Second-Highest Ever
Read more about the article With a Profit of Rs 13,713.08 Crore, Indian Oil Surpasses Forecasts

With a Profit of Rs 13,713.08 Crore, Indian Oil Surpasses Forecasts

  • Post author:cioworld
  • Post published:November 1, 2023
  • Post category:News
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Indian Oil Corporation Ltd. exceeded expectations on Tuesday by reporting a Q2 profit of Rs 13,713.08 crore as opposed to a loss of Rs 910.21 crore in the second quarter…

Continue ReadingWith a Profit of Rs 13,713.08 Crore, Indian Oil Surpasses Forecasts
Read more about the article In All-Share Agreement, AU Small Finance Bank and Fincare SFB Poised to Merge

In All-Share Agreement, AU Small Finance Bank and Fincare SFB Poised to Merge

  • Post author:cioworld
  • Post published:October 30, 2023
  • Post category:News
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Fincare Small Finance Bank and AU Small Finance Bank (AU SFB) are scheduled to merge in an all-share agreement that may be the first merger in the history of small…

Continue ReadingIn All-Share Agreement, AU Small Finance Bank and Fincare SFB Poised to Merge
Read more about the article Reliance Shares Start the Day 2% Up on Strong Q2 Earnings
Image used for informative purpose only. Picture Credit: www.moneycontrol.com

Reliance Shares Start the Day 2% Up on Strong Q2 Earnings

  • Post author:cioworld
  • Post published:October 30, 2023
  • Post category:News
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Reliance Industries Ltd.'s stock rose more than 2 percent at the opening thanks to solid earnings and successful results in the company's upstream, retail, and Jio divisions. At 9.33 am…

Continue ReadingReliance Shares Start the Day 2% Up on Strong Q2 Earnings
Read more about the article In Q2FY24, Punjab National Bank’s Earnings Soars to ₹ 1,756 crore, up 327%

In Q2FY24, Punjab National Bank’s Earnings Soars to ₹ 1,756 crore, up 327%

  • Post author:cioworld
  • Post published:October 27, 2023
  • Post category:News
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Due to a significant increase in its net interest income (NII) and a decrease in credit expenses, Punjab National Bank, a public lender, saw a staggering 327.14 percent year-over-year (Y-o-Y)…

Continue ReadingIn Q2FY24, Punjab National Bank’s Earnings Soars to ₹ 1,756 crore, up 327%
Read more about the article Gen AI is now the CEO’s top priority: KPMG CEO Outlook 2023 Report

Gen AI is now the CEO’s top priority: KPMG CEO Outlook 2023 Report

  • Post author:cioworld
  • Post published:October 26, 2023
  • Post category:News
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Global CEOs now rank investing in generative artificial intelligence (Gen-AI) as their top priority, according to the recently published KPMG CEO Outlook 2023 research. CEOs are optimistic about their development…

Continue ReadingGen AI is now the CEO’s top priority: KPMG CEO Outlook 2023 Report
Read more about the article Mamaearth Plans Rs. 1,700 Crore IPO by October End

Mamaearth Plans Rs. 1,700 Crore IPO by October End

  • Post author:cioworld
  • Post published:October 25, 2023
  • Post category:News
  • Post comments:0 Comments

Honasa Consumer Ltd, the company behind popular FMCG brands Mamaearth and The Derma Co, is set to launch its initial public offering (IPO) in late October or early November. This…

Continue ReadingMamaearth Plans Rs. 1,700 Crore IPO by October End
Read more about the article Government Mulls PSU Insurer Capital Boost in Q4 

Government Mulls PSU Insurer Capital Boost in Q4 

  • Post author:cioworld
  • Post published:October 23, 2023
  • Post category:News
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The Finance Ministry is considering capital infusion into three loss-making public sector general insurance companies based on their nine-month financial performance. The infusion, if required, would likely take place in…

Continue ReadingGovernment Mulls PSU Insurer Capital Boost in Q4 
Read more about the article Tata Comms’ Q2 Net Profit Drops 58% on Growth Investments

Tata Comms’ Q2 Net Profit Drops 58% on Growth Investments

  • Post author:cioworld
  • Post published:October 20, 2023
  • Post category:News
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Tata Communications Ltd reported a 58% year-on-year drop in net profit to 221.3 crore for the second quarter ending September 30, 2023, on Thursday. The business had a net profit…

Continue ReadingTata Comms’ Q2 Net Profit Drops 58% on Growth Investments
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