The Times of India

India Business News: NEW DELHI: SBI Life Insurance on Friday reported 4 per cent rise in net profit at Rs 811 crore for the fourth quarter ended March 2024 as value of new.

Google's parent company Alphabet announced its inaugural dividend and a $70 billion stock repurchase, resulting in the stock price soaring by almost 16% after the market closed. The dividend amount per share will be 20 cents. Alphabet is returning capital while spending billions of dollars on data centres to compete with rivals on generative artificial intelligence (AI).

India Business News: MUMBAI: Market benchmarks Sensex and Nifty wilted under selling pressure on Friday after a five-day rally as investors pared exposure to banking, fina.

International Business News: Google and Microsoft rallied on Friday as the technology bellwethers showed that hefty investments into artificial intelligence could reap more immedi.

In April 2024, bank holidays impact operations with closures on specific Saturdays. ATMs and online services remain available. India's banks follow a distinctive schedule, open on select Saturdays and closed on national festivals.

Individuals whose PAN became inoperative due to non-linkage faced higher tax deduction at source (TDS) or tax collection at source rates. For example, the TDS on house rent allowance for individuals with inoperative PANs increased to 20%.

Tata Electronics is internally developing sophisticated high-precision machines for producing iPhone casings, aiming to enhance local capabilities and export the machines in the future. This move is expected to boost India's electronics export industry and reduce reliance on specific parts.

Nestle India's net profit rose by 27% to Rs 934 crore in the March quarter, driven by strong growth across its product portfolio amidst challenges from food inflation and volatile commodity prices.

Stock market today: BSE Sensex and Nifty50, the Indian equity benchmark indices, opened in green on Friday marking another day of positive run for Dalal Street. While BSE Sensex opened 100 points up, Nifty50 was above 22,600.

MUMBAI: For big banks, a penalty slapped by RBI for violations had as much impact as a traffic violation fine for a BMW owner.

NEW DELHI: Resilient growth, robust economic activity indicators, price stability, and steady external sector performance continue to support the coun.

India Business News: MUMBAI: Food delivery major Swiggy has received the go ahead from its shareholders to float a $1.

India Business News: MUMBAI: Acting on government advisory against selling beverage mix and drinks such as Bournvita, Horlicks and Boost as "health drinks", a non-existent.

India Business News: BENGALURU: TCS CEO K Krithivasan said that within a year, there would be a "minimal" requirement for call centres due to the rapid progress in AI tech.