Category: Finance

IFL Enterprises Ltd turnaround business operations; Net profit grows 5-fold to Rs. 88 lakh in Q3FY24
Finance

IFL Enterprises Ltd turnaround business operations; Net profit grows 5-fold to Rs. 88 lakh in Q3FY24

Company to enter into new business domains such as trading of agricultural produce, including fruits, vegetables, seeds, organic products, herbal products, and agri-commodities. During nine months ended December 2023, Company has allotted 4.54 crore bonus equity shares in a 1:4 ratio and 2.2 crore bonus shares in 1:10 ratio to eligible investors Ahmedabad (Gujarat) [India], […]

Read More
Spacenet reports 486% surge on PAT year-on-year basis
Finance

Spacenet reports 486% surge on PAT year-on-year basis

Hyderabad (Andhra Pradesh) [India], February 14: Hyderabad based Spacenet Enterprises India Limited (NSE: SPCENET), a prominent global trading entity with substantial operations in Hong Kong and Dubai, has reported an exceptional 486% increase in its consolidated profit after tax (PAT) on an annual basis. This significant growth highlights Spacenet’s focused strategy on diversifying its investment […]

Read More
India’s Interim Budget Points to Steady Growth Across Key Sectors
Finance

India’s Interim Budget Points to Steady Growth Across Key Sectors

New Delhi (India), February 12: As India heads into national elections in 2024, Finance Minister Nirmala Sitharaman presented an upbeat interim budget focusing on sustained inclusive growth. Clear strategies were outlined across sectors like healthcare, agriculture, infrastructure and e-commerce that buoyed market sentiments while putting people first. Healthcare: More Holistic Vision, But Milestones Ahead The […]

Read More
Indian Budget 2024 Offers Insights for Crypto Investors: 5 Takeaways
Finance

Indian Budget 2024 Offers Insights for Crypto Investors: 5 Takeaways

The Indian budget for 2024 has not introduced specific new regulations or tax changes for the cryptocurrency sector directly in its announcements. However, there are significant expectations and discussions within the industry regarding potential changes that could impact the sector: Taxation and Regulation Clarity The industry is eagerly awaiting clearer regulations and a more favorable […]

Read More
Institute of Actuaries of India Unveils Global Conference of Actuaries (GCA) with a Focus on “Data, Disruptions, and the Actuary”
Finance

Institute of Actuaries of India Unveils Global Conference of Actuaries (GCA) with a Focus on “Data, Disruptions, and the Actuary”

Mumbai (Maharashtra) [India], February 7: The Institute of Actuaries of India (IAI) unveiled the Global Conference of Actuaries (GCA) 2024, set to take place from 12th to 14th February 2024 at Westin Hotel, Mumbai. Themed “Data, Disruptions, and the Actuary,” this conference aims to provide a comprehensive overview of the transformative role of data and […]

Read More
Hilton Metal Forging Ltd eyeing big business for Railway Forged Wagon Wheel
Finance

Hilton Metal Forging Ltd eyeing big business for Railway Forged Wagon Wheel

Company has installed capacity to manufacture 48,000 Wheels annually; Company is also looking forward to bigger Railway Forged Wagon Wheel Orders in the near future through tender route. Mumbai (Maharashtra) [India], February 6: Hilton Metal Forging Ltd – prominent manufacturer and distributor in the steel forging industry, specializing in products such as for railway forged […]

Read More