Info Edge, Rahul Yadav’s 4B Networks to enter arbitration
NEW DELHI: The dispute between Info Edge and its portfolio company 4B Networks has reached arbitration after the management of the proptech startup led by Rahul Yadav failed to furnish details to the ...
Tech Mahindra reports disappointing Q1 numbers; net profit falls 38% to Rs 692.5 crore
MUMBAI: The country's fifth largest IT services company Tech Mahindra on Wednesday reported a 38 per cent fall in June quarter net profit at Rs 692.5 crore due to a sharp narrowing of the profit margi ...
L&T profit jumps 36 per cent to Rs 3,116.12 crore in Q1
NEW DELHI: Larsen and Toubro (L&T) on Tuesday posted a 36 per cent rise in consolidated net profit to Rs 3,116.12 crore in the June quarter, mainly helped by higher income.The company's board has ...
Govt ratifies 8.15% interest rate on Employees Provident Fund for 2022-23
NEW DELHI: The Employees Provident Fund Organisation (EPFO) on Monday announced an interest rate of 8.15% for Employees' Provident Fund (EPF) accounts for the financial year 2022-23.The announcement w ...
ICICI Q1 profit zooms 40% to Rs 9,648 crore, Kotak jumps 67%
MUMBAI: ICICI Bank has reported a record net profit of Rs 9,648 crore in Q1-2024—a 39.7% increase from Rs 6,905 crore in Q1-2023.Meanwhile, Kotak Mahindra Bank exceeded analyst estimates to report a 6 ...
AI tech to boost capability, won’t lead to job loss: Minister
NEW DELHI: Asserting that the advent of Artificial Intelligence (AI) will not lead to job losses in India, minister of state for electronics and IT Rajeev Chandrasekhar said on Friday that the governm ...