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Category: Business and Trade news

Century Plyboards’ Q4 net profit falls 34 pc, expenses climb

Century Plyboards’ Q4 net profit falls 34 pc, expenses climb

Business and Trade news May 29, 2025

Mumbai, May 29 (IANS) Century Plyboards (India) Limited on Thursday reported a 34 per cent year-on-year (YoY) drop in its net profit to Rs 52.50 crore for the fourth quarter… Continue reading Century Plyboards’ Q4 net profit falls 34 pc, expenses climb

85.5 pc of Indian households now own at least 1 smartphone: Centre

85.5 pc of Indian households now own at least 1 smartphone: Centre

Business and Trade news May 29, 2025

New Delhi, May 29 (IANS) A comprehensive survey by the Ministry of Statistics on Thursday showed that in rural areas, approximately 96.8 per cent of persons in the age group… Continue reading 85.5 pc of Indian households now own at least 1 smartphone: Centre

Electronics manufacturing, chips and GCC growth steps in right direction: Sunil Mittal

Electronics manufacturing, chips and GCC growth steps in right direction: Sunil Mittal

Business and Trade news May 29, 2025

New Delhi, May 29 (IANS) Sunil Bharti Mittal, Chairman of Bharti Enterprises, on Thursday urged the industry to aspire for bigger goals and build trust with all stakeholders in the… Continue reading Electronics manufacturing, chips and GCC growth steps in right direction: Sunil Mittal

Indian stock market ends in green over positive global cues

Indian stock market ends in green over positive global cues

Business and Trade news May 29, 2025

Mumbai, May 29 (IANS) The Indian stock market closed in green on Thursday amid positive global cues. Sensex closed 320.70 points or 0.39 per cent up at 81,633.02 while Nifty… Continue reading Indian stock market ends in green over positive global cues

Apex Ecotech’s Q4 net profit falls 18 pc, revenue drops 31 pc

Apex Ecotech’s Q4 net profit falls 18 pc, revenue drops 31 pc

Business and Trade news May 29, 2025

Mumbai, May 29 (IANS) Apex Ecotech Limited has reported a weak performance for the fourth quarter of FY25, with the company’s net profit dropped by 18.2 per cent year-on-year (YoY)… Continue reading Apex Ecotech’s Q4 net profit falls 18 pc, revenue drops 31 pc

Venus Pipes and Tubes clocks 5.2 pc drop in Q4 profit

Venus Pipes and Tubes clocks 5.2 pc drop in Q4 profit

Business and Trade news May 29, 2025

Mumbai, May 29 (IANS) Venus Pipes and Tubes Limited, a leading manufacturer and exporter of stainless-steel pipes and tubes, has reported a 5.2 per cent year-on-year drop in its profit… Continue reading Venus Pipes and Tubes clocks 5.2 pc drop in Q4 profit

Total telephone subscribers in India increase to 1,203.84 million in April

Total telephone subscribers in India increase to 1,203.84 million in April

Business and Trade news May 29, 2025

New Delhi, May 29 (IANS) The number of total telephone subscribers in India increased from 1,200.80 million at the end of March to 1,203.84 million in April, a monthly growth… Continue reading Total telephone subscribers in India increase to 1,203.84 million in April

Accel’s high-impact AI summit in Bengaluru to spotlight India’s emerging global edge

Accel’s high-impact AI summit in Bengaluru to spotlight India’s emerging global edge

Business and Trade news May 29, 2025

Bengaluru, May 29 (IANS) Global venture capital firm Accel on Thursday said it will host the second edition of its flagship AI Summit in Bengaluru on June 4, convening some… Continue reading Accel’s high-impact AI summit in Bengaluru to spotlight India’s emerging global edge

Swiggy shares plunge 41 pc, trade below IPO price

Swiggy shares plunge 41 pc, trade below IPO price

Business and Trade news May 29, 2025

Mumbai, May 29 (IANS) Swiggy’s stock has taken a sharp hit in 2025, falling by 41 per cent, so far, this year and trading below its IPO listing price since… Continue reading Swiggy shares plunge 41 pc, trade below IPO price

AI agents to drive next wave of enterprise transformation in 2025: Nasscom

AI agents to drive next wave of enterprise transformation in 2025: Nasscom

Business and Trade news May 29, 2025

New Delhi, May 29 (IANS) Enterprises are expected to spend 3-4 times more funds on AI agents in 2025, signalling a strategic reallocation of budgets away from classical AI and… Continue reading AI agents to drive next wave of enterprise transformation in 2025: Nasscom

India’s fintech lenders draw younger, more rural customer base: Report

India’s fintech lenders draw younger, more rural customer base: Report

Business and Trade news May 29, 2025

Mumbai, May 29 (IANS) The fintech sector lenders are drawing a younger and more rural customer base, with 61 per cent of borrowers being under the age of 30, and… Continue reading India’s fintech lenders draw younger, more rural customer base: Report

IndusInd Bank's stock in turmoil as SEBI bans CEO from securities market

IndusInd Bank’s stock in turmoil as SEBI bans CEO from securities market

Business and Trade news May 29, 2025

Mumbai, May 29 (IANS) The stock of IndusInd Bank has declined 11 per cent since March 10 following the bank’s disclosure of suspected fraud and concerns over insider trading. On… Continue reading IndusInd Bank’s stock in turmoil as SEBI bans CEO from securities market

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