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IndiaTV Business: Google News Feed: Digest for April 28, 2023

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Star Housing Finance has reported strong performance during the fourth quarter of FY23. The home loan company with an emphasis on rural areas has posted a 136 per cent jump in the gross loan book at Rs 250 crore year-on-year.
Equity benchmark Sensex climbed over 400 points to reclaim the 60,000 mark on Monday, on strong buying in financial stocks after earnings from ICICI Bank and Reliance Industries matched street expectations. The 30-share BSE Sensex jumped 401.04 points or 0.67 per cent to reach the 60,000-level and settled for the day at 60,056.10.
India led the global refurbished smartphone market with 19 per cent (year-on-year) growth in 2022, as Apple captured 49 per cent of the refurbished smartphone market, followed by Samsung at 26 per cent, a report showed on Monday.
One of India's most celebrated businessmen and former Chairman of Tata Sons was conferred with the highest Australian civilian honur, the Order of Australia for his contributions to the field of business even in Australia.
As the amount of data and the complexity of decision-making continue to grow, about 87 per cent of business leaders in India said that they will let a robot make their decisions, a new study has shown.
Maruti Suzuki Q4 Results: Maruti Suzuki India on Wednesday reported a 42 per cent rise in consolidated net profit to Rs 2,671 crore for the fourth quarter ended March 2023, driven by higher sales, improved realisation and favourable forex movement.

Stock markets rise for 3rd session; Sensex gains 169 pts

Wednesday 26 April 2023 12:05 PM UTC+00
Mumbai: Equity benchmark indices Sensex and Nifty extended their rally for the third straight session on Wednesday amid buying in index majors IndusInd Bank, Nestle India and HCL Tech. However, continuous foreign fund outflows and a weak trend in global equities restricted gains in the market, traders said. The 30-share BSE Sensex climbed 169.87 points or 0.28 per cent to settle at 60,300.58. During the day, it jumped 232.08 points or 0.38 per cent to 60,362.79. The broader NSE Nifty advanced 44.35 points or 0.25 per cent to end at 17,813.60.
New Delhi: Indian IT services company Infosys on Wednesday (April 26) said that it has joined hands with Walmart Commerce Technologies to help retailers leverage technology solutions that simplify customer and store employee experiences. Infosys will help retailers implement and use Store Assist, which enables them to provide seamless omnichannel experiences such as pickup, delivery and ship from store for both employees and customers.
National Medical Devices Policy: The Union government on Wednesday approved National Medical Devices Policy with an aim to increase domestic production and reduce imports of such equipment.
New Delhi: Aadhaar holders have carried out nearly 2.31 billion authentication transactions in the month of March 2023, indicative of the growing usage of Aadhaar and the growth of the digital economy in the country, the Ministry of Electronics & IT (MeitY) said on Wednesday (April 26). The numbers in March outpaced February's 2.26 billion authentications.
Star Housing Finance has reported strong performance during the fourth quarter of FY23. The home loan company with an emphasis on rural areas has posted a 136 per cent jump in the gross loan book at Rs 250 crore year-on-year.
Equity benchmark Sensex climbed over 400 points to reclaim the 60,000 mark on Monday, on strong buying in financial stocks after earnings from ICICI Bank and Reliance Industries matched street expectations. The 30-share BSE Sensex jumped 401.04 points or 0.67 per cent to reach the 60,000-level and settled for the day at 60,056.10.
India led the global refurbished smartphone market with 19 per cent (year-on-year) growth in 2022, as Apple captured 49 per cent of the refurbished smartphone market, followed by Samsung at 26 per cent, a report showed on Monday.
One of India's most celebrated businessmen and former Chairman of Tata Sons was conferred with the highest Australian civilian honur, the Order of Australia for his contributions to the field of business even in Australia.
As the amount of data and the complexity of decision-making continue to grow, about 87 per cent of business leaders in India said that they will let a robot make their decisions, a new study has shown.
Maruti Suzuki Q4 Results: Maruti Suzuki India on Wednesday reported a 42 per cent rise in consolidated net profit to Rs 2,671 crore for the fourth quarter ended March 2023, driven by higher sales, improved realisation and favourable forex movement.

Stock markets rise for 3rd session; Sensex gains 169 pts

Wednesday 26 April 2023 12:05 PM UTC+00
Mumbai: Equity benchmark indices Sensex and Nifty extended their rally for the third straight session on Wednesday amid buying in index majors IndusInd Bank, Nestle India and HCL Tech. However, continuous foreign fund outflows and a weak trend in global equities restricted gains in the market, traders said. The 30-share BSE Sensex climbed 169.87 points or 0.28 per cent to settle at 60,300.58. During the day, it jumped 232.08 points or 0.38 per cent to 60,362.79. The broader NSE Nifty advanced 44.35 points or 0.25 per cent to end at 17,813.60.
New Delhi: Indian IT services company Infosys on Wednesday (April 26) said that it has joined hands with Walmart Commerce Technologies to help retailers leverage technology solutions that simplify customer and store employee experiences. Infosys will help retailers implement and use Store Assist, which enables them to provide seamless omnichannel experiences such as pickup, delivery and ship from store for both employees and customers.
National Medical Devices Policy: The Union government on Wednesday approved National Medical Devices Policy with an aim to increase domestic production and reduce imports of such equipment.
New Delhi: Aadhaar holders have carried out nearly 2.31 billion authentication transactions in the month of March 2023, indicative of the growing usage of Aadhaar and the growth of the digital economy in the country, the Ministry of Electronics & IT (MeitY) said on Wednesday (April 26). The numbers in March outpaced February's 2.26 billion authentications.
India led the global refurbished smartphone market with 19 per cent (year-on-year) growth in 2022, as Apple captured 49 per cent of the refurbished smartphone market, followed by Samsung at 26 per cent, a report showed on Monday.
One of India's most celebrated businessmen and former Chairman of Tata Sons was conferred with the highest Australian civilian honur, the Order of Australia for his contributions to the field of business even in Australia.
As the amount of data and the complexity of decision-making continue to grow, about 87 per cent of business leaders in India said that they will let a robot make their decisions, a new study has shown.
Maruti Suzuki Q4 Results: Maruti Suzuki India on Wednesday reported a 42 per cent rise in consolidated net profit to Rs 2,671 crore for the fourth quarter ended March 2023, driven by higher sales, improved realisation and favourable forex movement.

Stock markets rise for 3rd session; Sensex gains 169 pts

Wednesday 26 April 2023 12:05 PM UTC+00
Mumbai: Equity benchmark indices Sensex and Nifty extended their rally for the third straight session on Wednesday amid buying in index majors IndusInd Bank, Nestle India and HCL Tech. However, continuous foreign fund outflows and a weak trend in global equities restricted gains in the market, traders said. The 30-share BSE Sensex climbed 169.87 points or 0.28 per cent to settle at 60,300.58. During the day, it jumped 232.08 points or 0.38 per cent to 60,362.79. The broader NSE Nifty advanced 44.35 points or 0.25 per cent to end at 17,813.60.
New Delhi: Indian IT services company Infosys on Wednesday (April 26) said that it has joined hands with Walmart Commerce Technologies to help retailers leverage technology solutions that simplify customer and store employee experiences. Infosys will help retailers implement and use Store Assist, which enables them to provide seamless omnichannel experiences such as pickup, delivery and ship from store for both employees and customers.
National Medical Devices Policy: The Union government on Wednesday approved National Medical Devices Policy with an aim to increase domestic production and reduce imports of such equipment.
New Delhi: Aadhaar holders have carried out nearly 2.31 billion authentication transactions in the month of March 2023, indicative of the growing usage of Aadhaar and the growth of the digital economy in the country, the Ministry of Electronics & IT (MeitY) said on Wednesday (April 26). The numbers in March outpaced February's 2.26 billion authentications.
Reliance Capital auction: A Hinduja Group firm has emerged as the highest bidder with an offer of Rs 9,650 crore to take over debt-ridden Reliance Capital in the second round of auction, sources said.
Hardwyn India Bonus, Split News: Hardwyn India shares are in focus today as the company has approved sub-division of equity shares and bonus issuance. The architectural hardware maker has informed exchanges that the board has approved split in the ratio of 1:10 and bonus in the ratio of 1:3.
Maruti Suzuki Q4 Results: Maruti Suzuki India on Wednesday reported a 42 per cent rise in consolidated net profit to Rs 2,671 crore for the fourth quarter ended March 2023, driven by higher sales, improved realisation and favourable forex movement.

Stock markets rise for 3rd session; Sensex gains 169 pts

Wednesday 26 April 2023 12:05 PM UTC+00
Mumbai: Equity benchmark indices Sensex and Nifty extended their rally for the third straight session on Wednesday amid buying in index majors IndusInd Bank, Nestle India and HCL Tech. However, continuous foreign fund outflows and a weak trend in global equities restricted gains in the market, traders said. The 30-share BSE Sensex climbed 169.87 points or 0.28 per cent to settle at 60,300.58. During the day, it jumped 232.08 points or 0.38 per cent to 60,362.79. The broader NSE Nifty advanced 44.35 points or 0.25 per cent to end at 17,813.60.
New Delhi: Indian IT services company Infosys on Wednesday (April 26) said that it has joined hands with Walmart Commerce Technologies to help retailers leverage technology solutions that simplify customer and store employee experiences. Infosys will help retailers implement and use Store Assist, which enables them to provide seamless omnichannel experiences such as pickup, delivery and ship from store for both employees and customers.
National Medical Devices Policy: The Union government on Wednesday approved National Medical Devices Policy with an aim to increase domestic production and reduce imports of such equipment.
New Delhi: Aadhaar holders have carried out nearly 2.31 billion authentication transactions in the month of March 2023, indicative of the growing usage of Aadhaar and the growth of the digital economy in the country, the Ministry of Electronics & IT (MeitY) said on Wednesday (April 26). The numbers in March outpaced February's 2.26 billion authentications.
Reliance Capital auction: A Hinduja Group firm has emerged as the highest bidder with an offer of Rs 9,650 crore to take over debt-ridden Reliance Capital in the second round of auction, sources said.
Hardwyn India Bonus, Split News: Hardwyn India shares are in focus today as the company has approved sub-division of equity shares and bonus issuance. The architectural hardware maker has informed exchanges that the board has approved split in the ratio of 1:10 and bonus in the ratio of 1:3.

JTL Industries shares gains as net profit doubles in Q4FY23

Thursday 27 April 2023 09:32 AM UTC+00
Shares of steel pipes maker JTL Industries traded positive on Thursday on the back of strong quarterly earnings. The shares opened sharply higher at Rs 346 from previous close of Rs 328.60. It held firmly in green around 2:30 PM to trade at Rs 334 apiece.
Mishtann Foods shares nudged higher today before surrendering the gains after the FMCG major announced that it has incorporated a new subsidiary in the United Arab of Emirates (UAE) to import Thai rice and Jasmine rice from Thailand.
Dehradun: With an aim to provide seamless coverage, a high data rate and a reliable communications system to pilgrims, Reliance Jio on Thursday (April 27) announced the launch of its True 5G services at the Char Dham temples in Uttarakhand. This move will give Jio True 5G users access to the Jio 5G network from across the country visiting Kedarnath, Badrinath, Yamunotri, and Gangotri dhams.
National Medical Devices Policy: The Union government on Wednesday approved National Medical Devices Policy with an aim to increase domestic production and reduce imports of such equipment.
New Delhi: Aadhaar holders have carried out nearly 2.31 billion authentication transactions in the month of March 2023, indicative of the growing usage of Aadhaar and the growth of the digital economy in the country, the Ministry of Electronics & IT (MeitY) said on Wednesday (April 26). The numbers in March outpaced February's 2.26 billion authentications.
Reliance Capital auction: A Hinduja Group firm has emerged as the highest bidder with an offer of Rs 9,650 crore to take over debt-ridden Reliance Capital in the second round of auction, sources said.
Hardwyn India Bonus, Split News: Hardwyn India shares are in focus today as the company has approved sub-division of equity shares and bonus issuance. The architectural hardware maker has informed exchanges that the board has approved split in the ratio of 1:10 and bonus in the ratio of 1:3.

JTL Industries shares gains as net profit doubles in Q4FY23

Thursday 27 April 2023 09:32 AM UTC+00
Shares of steel pipes maker JTL Industries traded positive on Thursday on the back of strong quarterly earnings. The shares opened sharply higher at Rs 346 from previous close of Rs 328.60. It held firmly in green around 2:30 PM to trade at Rs 334 apiece.
Mishtann Foods shares nudged higher today before surrendering the gains after the FMCG major announced that it has incorporated a new subsidiary in the United Arab of Emirates (UAE) to import Thai rice and Jasmine rice from Thailand.
Dehradun: With an aim to provide seamless coverage, a high data rate and a reliable communications system to pilgrims, Reliance Jio on Thursday (April 27) announced the launch of its True 5G services at the Char Dham temples in Uttarakhand. This move will give Jio True 5G users access to the Jio 5G network from across the country visiting Kedarnath, Badrinath, Yamunotri, and Gangotri dhams.
Sindhu Trade Links, a New Delhi based company that is primarily engaged in transportation logistics and support services, has informed exchanges that it has reduced its debt by around 40 per cent. The current outstanding of secured Bank/NBFCs-debt has reached below Rs 100 crore.
New Delhi: Billionaire tycoon Gautam Adani's Group is looking to raise USD 1-1.5 billion for financing new green energy projects in the conglomerate's biggest borrowing since the group came under attack from a US short seller in January.
Air India: The Tata Group-owned Air India will hire more than 1,000 pilots, including captains and trainers, as part of its fleet expansion and network. The airline in an advertisement mentioned that over 500 aircraft are joining its fleet.
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