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Tata Group  secured  IPL sponsorship rights  for 5 years  for $300 million 

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Some IPL franchise owners  went  on to buy teams in  the  T20 leagues in the  UAE,  South Africa, West Indies and the United States. Tata...
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ICICI  Bank’s  Q3 net  profit rose  23.6% to Rs 10,272 crore 

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 In  Q3FY24,  provisions included Rs 627 crore  for investment  in  alternative investment funds, according to  the  RBI's  December  notification.     ICICI Bank, the private  sector  lender, ...
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Standardised norms in offing to check AI systems, robustness

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Once the norms are devised, companies deploying AI technologies would be rated on various parameters like the time taken to restore the system in...
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“January  22  is  not a state  holiday”: the sudden declaration of a  holiday  makes  banking  federations  and market  participants angry  

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The stock market opened  on Saturday  with no move to recover from  the  disaster  expected.  However,  markets will remain  closed  on Monday as the...
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Boeing hopes there will be no ‘significant delays’ in aircraft deliveries to India due to 737 MAX 9 problems 

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  Even though  India does not have any MAX 9 aircraft in service, the Directorate General of Civil Aviation (DGCA) has made  spot checks  of...
Funding

Modi inaugurates Boeing campus in  Bangalore  

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| Companies no longer need to wait to build  the  first  aircraft designed and  manufactured  entirely in India:  PM   The  Prime Minister emphasized  that India...
Funding

RIL’s  net  profit grew  10.9%  thanks to  strong performance  in the digital and retail businesses.  

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 Jio Platforms Ltd,  RIL's  digital arm,  posted  an  11.6%  rise in net profit  to  Rs 5,445 crore  in  the December quarter (Rs 4,881 crore...
Funding

HUL  remains stable  on weak rural demand 

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 The  company's  total  revenue  was Rs 15,473 crore in the third quarter, up  0.10%  from Rs 15,456 crore in the  previous  quarter.    Hindustan Unilever Limited...
Funding

Smart  City  Mission: Modi  Govt Reveals  BIG  Update  on  Projects;  6,650 completed  to date  in 100 cities 

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  According to  the ministry, special  vehicles in these 100 cities are developing about 8,000 multi-sectoral projects  worth  over Rs 1.7  billion.    The Union  Ministry of ...
Funding

Tata Consumer Products approves fundraising of upto Rs 6500 cr; to use infusion to fund Capital Foods & Organic India acquisitions 

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 Tata Consumer Products on Friday announced that its board of directors have considered and approved the fundraising of up to Rs 6,500 crore. In...
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