Newsmen Business Desk

Nifty Closes Lower Following Two Consecutive Sessions of Rally
Newsmen Business Desk -
Jasani reported that at the close, the Nifty exhibited a decline of 0.91%, equivalent to 197.8 points, settling at 21,513. The cash market volumes on the NSE remained below Rs.1 lakh crore, indicative of subdued sentiments in the market.
Incredible Growth: Fintech Unicorn Incred Records Rs 109 Cr Profit in FY23, Revenue Surges Over 77%
Newsmen Business Desk -
The financials filed with the Registrar of Companies (RoC) reveal that Incred's revenue witnessed a remarkable surge of 77.46%, reaching Rs 866 crore in FY23, compared to Rs 488 crore in FY22.
Vistara Expands Horizons: Direct Flights from Mumbai to Paris Soon to Take Off
Newsmen Business Desk -
Currently, Vistara operates five weekly flights to Paris from Delhi. With the addition of the Mumbai-Paris route, the Gurugram-based airline aims to strengthen connectivity between India and Europe.
Uber India's Fiscal Year 2023: Rs 679 Cr Ride Revenue, Losses Surge by 57%
Newsmen Business Desk -
Rides on the platform contributed to 25% of the total operating revenue, witnessing a substantial 75% increase to Rs 679 crore in FY23.
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Milestone Achievement: Patanjali Foods Reaches New 52-Week High
Newsmen Business Desk -
Over the past year, Patanjali Foods has delivered a robust 43% return, with a 5.3% rise in the last month and a notable 34% increase in the last quarter.
Optimal Comfort at a Price: IndiGo Introduces Front Row Aisle or Window Seat Selection with Charges up to Rs 2K
Newsmen Business Desk -
According to information on the airline's website, passengers choosing window or aisle seats in the front row of an A321 aircraft (typically accommodating 222 seats) will now be subject to a fee of Rs 2,000.
RBI Plans Auction of Government Bonds Worth Rs 33,000 Crore on January 12th
Newsmen Business Desk -
These categories include the “7.37 per cent Government Security 2028” valued at Rs. 7,000 crore, the “7.18 per cent Government Security 2033” valued at Rs. 16,000 crore, and the “7.30 per cent Government Security 2053” worth Rs. 10,000 crore.
Current Fiscal Year Sees Direct Tax Collections Surge by 21%, Exceeding Rs 13.7 Lakh Crore
Newsmen Business Desk -
This robust collection comprises Corporation Tax at Rs 6,94,798 crore (net of refund) and Personal Income Tax, including Securities Transaction Tax (STT), at Rs 6,72,962 crore (net of refund).
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BP Halts Red Sea Oil Shipments Post Houthi Rebel Attacks
Newsmen Business Desk -
Several freight companies have also suspended their ships after being targeted by Houthi rebels in Yemen.
Profit-Taking Emerges Following a Sharp Three-Day Rally
Newsmen Business Desk -
Global markets traded cautiously ahead of the Bank of Japan's meeting, potentially signaling changes in its ultra-loose monetary policy.
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