BENGALURU: Titan Company reported a 52.5% year-on-year increase in net profit to Rs 1,091 crore for June quarter, backed by strong performances in jewellery and watches businesses, despite elevated gold prices. The Tata group firm’s revenue rose 24% to Rs 16,628 crore in the same period. Sequentially, it rose to about 11% from Rs 15,032…
Lucknow: Ex-Student Men’s United Club thrashed Yuva Club 6-0 in the District Football League match at Chowk Stadium on Thursday. Parmeet (12th and 40th minutes) and Qais (24th and 71st minutes) scored a brace each for the winners, while Mukesh (59th minute) and Anas (65th minute) netted one goal apiece.Meanwhile, Mid Winter Club edged past…
MUMBAI: In one of the biggest block deals this year, Indian Continent Investment, a promoter group entity of Bharti Airtel is selling a 0.8% stake in the telecom giant for about Rs 9,310 crore (over $1 billion). The deal is set to be executed through one or more block deals on Friday and is managed…
Lucknow: Another spell of rain accompanied by thunderstorms in some parts of the city provided relief from high humidity levels on Thursday. According to weatherman, similar rainfall activities are expected for next three days.“Rainfall received on Thursday was due to western disturbance and trough line passing through the state and similar conditions are expected over…
MUMBAI: RBI has granted its first universal bank approval in a decade, giving AU Small Finance Bank (SFB) in-principle approval to transition from an SFB to a universal bank-the first such nod since Bandhan and IDFC in 2015.Founded in 1996 by Sanjay Agarwal as AU Financiers, an NBFC in Jaipur, AU became an SFB in…
Lucknow: Uttar Pradesh’s Dhruv Jurel will lead Central Zone in the upcoming Duleep Trophy, which marks the beginning of the new domestic season. Rajat Patidar of MPCA has been named vice-captain.Besides Jurel, there are two other UP players in the squad, wicketkeeper-batsman Aryan Juyal and left-arm wrist spinner Kuldeep Yadav. Another UP player, Madhav Kaushik,…
HYDERABAD: Unending tariff wars coupled with weaker-than-expected US macroeconomic data and a depreciating rupee, fuelled gold’s rise to record highs in the Indian market on Thursday. The yellow metal crossed the Rs 1.02 lakh/10 gm mark to hit a high of Rs 1,02,155 on MCX and was quoting at all-time highs of Rs 1,02,700 and…
Lucknow: Maintaining that farmers remained its top priority, govt said on Thursday that agriculture is playing a pivotal role in transforming UP into a $1 trillion economy.“The state govt is working towards the farmers’ uplift. Govt has undertaken historic initiatives over the eight years under guidance of Prime Minister Narendra Modi,” a state govt spokesperson…
Pune: A group of 24 friends from the 1990 Std X batch of a school from Manchar’s Awasari Khurd village, about 60km from Pune, remained unreachable after the cloudburst and heavy rainfall at Uttarkashi in Uttarakhand on Tuesday. The state disaster management department said at least 149 tourists from Maharashtra were stranded in Uttarakhand.Awasari Khurd…
NEW DELHI: For all the noise over India being the tariff king, the US effective tariff rate for all countries is now estimated at 17%, Fitch Ratings has estimated after the latest reciprocal tariff announcements. The effective rate that Indian goods will pay to enter US before Aug 27 was estimated at 20.8%, including exempted…
