WASHINGTON/NEW DELHI: The US state department on Thursday formally notified US Congress of its approval of the sale to India of 31 MQ-9B Drones and associated military equipment worth $3.99 billion, overcoming token resistance from some lawmakers who, according to reports, wanted New Delhi to carry out a “meaningful investigation” into the alleged plot to…
Consumer discretionary major Titan on Thursday reported a 9% year-on-year (YoY) growth in its standalone net profit at Rs 1,040 crore in the third quarter. It was Rs 951 crore a year ago. The profit figure was lower than ET NOW poll estimate of Rs 1,159 crore. Revenue from operations jumped 20% YoY to Rs…
BENGALURU: Indian conglomerate Raymond reported a third-quarter profit jump on Thursday, as healthy demand for its high-margin branded apparel and real estate offerings outweighed a rise in costs. The company’s consolidated profit after tax nearly doubled to 1.84 billion rupees ($22 million) in the three months to Dec. 31, it said in an exchange filing….
representative image India’s gold consumption in 2023 dropped by 3% from the previous year to 747.5 tonnes, according to World Gold Council (WGC) data, as price increase dampened jewellery sales. Demand for gold jewellery in 2023 dropped by 6% to 562.3 tonnes compared with 2022, WGC data released on Wednesday showed. The year, however, saw…
CHENNAI: The ‘spin quartet’. It’s an idea that evokes a sense of nostalgia and respect in equal measure if you’re an Indian cricket fan. But post the late 1970s, when Bishan Singh Bedi, BS Chandrasekhar, Erapalli Prasanna and Srinivas Venkataraghavan retired from the sport, India haven’t gone back to the formula. Now, however, there’s an…
New Delhi: VIP Industries, a luggage and travel accessories maker, on Tuesday, has reported a decline of 83.78 per cent in consolidated net profit at Rs 7.15 crore for the third quarter ended in December 2023 from a consolidated net profit of Rs 44.10 crore in the same quarter of the previous financial year, it…
Spanish fashion brand Mango said India is a crucial market for its global growth due to surging demand for women’s western wear, retail infrastructure built over the past decade and online adoption in India. “India is one of the 10-15 markets that matter the most today in the strategy of Mango for the growth of…
Deep discord fuelled by competing ambitions and differing strategies became more apparent within INDIA bloc following JD(U)’s exit from the alliance. Despite sharing a common goal of countering BJP in the upcoming Lok Sabha elections, internal conflicts have undermined the bloc formed in July 2023. CM Mamata Banerjee announces TMC will contest Lok Sabha polls…
The TOI Sports Desk excels in a myriad of roles that capture the essence of live sporting events and deliver compelling content to readers worldwide. From running live blogs for India and non-India cricket matches to global spectacles featuring Indian talents, like the Chess World Cup final featuring Praggnanandhaa and the Badminton World Championships semifinal…
British fashion retailer Superdry is to explore a radical restructuring that could include substantial numbers of store closures and job cuts, Sky News reported on Saturday. Superdry declined to comment on the report when contacted by Reuters. Sky News report reported that Superdry and its advisers at PricewaterhouseCoopers (PwC) are starting work on plans that…
