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Category: Business and Trade news

Govt to launch nationwide hackathon on CCTV solutions for law enforcement

Govt to launch nationwide hackathon on CCTV solutions for law enforcement

Business and Trade news May 23, 2025

New Delhi, May 22 (IANS) The Bureau of Police Research and Development (BPR&D), under the Ministry of Home Affairs (MHA), on Thursday announced to organise a nationwide hackathon on CCTV… Continue reading Govt to launch nationwide hackathon on CCTV solutions for law enforcement

Samsung Biologics plans to separate CDMO, biosimilar biz

Samsung Biologics plans to separate CDMO, biosimilar biz

Business and Trade news May 23, 2025

Seoul, May 22 (IANS) Samsung Biologics, a biotech arm of South Korea’s Samsung Group, said on Thursday it plans to spin off its biosimilar development business to streamline its operations… Continue reading Samsung Biologics plans to separate CDMO, biosimilar biz

Naver founder, Nvidia CEO Jensen Huang discuss AI cooperation

Naver founder, Nvidia CEO Jensen Huang discuss AI cooperation

Business and Trade news May 23, 2025

Seoul, May 22 (IANS) Lee Hae-jin, founder of South Korea’s top portal Naver Corp., met with Nvidia Chief Executive Officer (CEO) Jensen Huang in Taiwan on Thursday to discuss cooperation… Continue reading Naver founder, Nvidia CEO Jensen Huang discuss AI cooperation

Nearly 90 firms file draft papers for IPOs in 1st five months of 2025

Nearly 90 firms file draft papers for IPOs in 1st five months of 2025

Business and Trade news May 23, 2025

New Delhi, May 22 (IANS) Despite ongoing global market volatility, nearly 90 companies have submitted draft red herring prospectuses (DRHPs) with the Securities and Exchange Board of India (SEBI) between… Continue reading Nearly 90 firms file draft papers for IPOs in 1st five months of 2025

HFCL clocks Rs 81.4 crore Q4 loss, revenue falls 40 pc

HFCL clocks Rs 81.4 crore Q4 loss, revenue falls 40 pc

Business and Trade news May 23, 2025

Mumbai, May 22 (IANS) The Mahendra Nahata-run HFCL Limited on Thursday announced that the company’s net loss for the fourth quarter (Q4 FY25) widened to Rs 81.4 crore, compared to… Continue reading HFCL clocks Rs 81.4 crore Q4 loss, revenue falls 40 pc

Fitch Ratings ups India’s growth potential to 6.4 pc over next 5 years

Fitch Ratings ups India’s growth potential to 6.4 pc over next 5 years

Business and Trade news May 22, 2025

New Delhi, May 22 (IANS) Global rating agency Fitch Ratings on Thursday raised India’s GDP growth potential by 0.2 percentage points to 6.4 per cent over the next five years,… Continue reading Fitch Ratings ups India’s growth potential to 6.4 pc over next 5 years

Mamaearth parent Honasa Consumer’s profit falls 18 pc in Q4, down 34 pc for full fiscal

Mamaearth parent Honasa Consumer’s profit falls 18 pc in Q4, down 34 pc for full fiscal

Business and Trade news May 22, 2025

Mumbai, May 22 (IANS) Mamaearth’s parent company Honasa Consumer Limited, founded by Ghazal Alagh and Varun Alagh, on Thursday posted a net profit of Rs 25 crore, down 18 per… Continue reading Mamaearth parent Honasa Consumer’s profit falls 18 pc in Q4, down 34 pc for full fiscal

Barbeque Nation slips into wider net loss in Q4, revenue drops

Barbeque Nation slips into wider net loss in Q4, revenue drops

Business and Trade news May 22, 2025

Mumbai, May 22 (IANS) Barbeque Nation on Thursday saw its net loss widening sharply in the fourth quarter (Q4) of FY25 — slipping to Rs 20.61 crore, compared to a… Continue reading Barbeque Nation slips into wider net loss in Q4, revenue drops

Indian stock markets end lower due to weak global cues

Indian stock markets end lower due to weak global cues

Business and Trade news May 22, 2025

Mumbai, May 22 (IANS) Indian equity markets ended lower on Thursday due to weak global cues, especially from the Asian markets which affected investor sentiment. At the closing bell, the… Continue reading Indian stock markets end lower due to weak global cues

Gokaldas Exports’ Q4 profit up amid rising expenses

Gokaldas Exports’ Q4 profit up amid rising expenses

Business and Trade news May 22, 2025

Mumbai, May 22 (IANS) Apparel manufacturer and exporter Gokaldas Exports Limited on Thursday reported a strong performance in the fourth quarter (Q4) of FY25, with its consolidated net profit soared… Continue reading Gokaldas Exports’ Q4 profit up amid rising expenses

Hinduja goes into damage-control mode as fraud rocks IndusInd Bank

Hinduja goes into damage-control mode as fraud rocks IndusInd Bank

Business and Trade news May 22, 2025

New Delhi, May 22 (IANS) Ashok P. Hinduja, Chairman, IndusInd International Holdings Limited (IIHL) which is the promoter of IndusInd Bank, went into damage-control mode on Thursday following the announcement… Continue reading Hinduja goes into damage-control mode as fraud rocks IndusInd Bank

Emami Realty’s Q4 loss widens over 4-fold, revenue plunges 76 pc

Emami Realty’s Q4 loss widens over 4-fold, revenue plunges 76 pc

Business and Trade news May 22, 2025

Mumbai, May 22 (IANS) Real estate firm Emami Realty Limited on Thursday reported a sharp fall in its financial performance for the March quarter (Q4 FY25), as its consolidated net… Continue reading Emami Realty’s Q4 loss widens over 4-fold, revenue plunges 76 pc

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