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CarDekho appoints Mayank Jain as the CEO of its new auto business

Automotive platform CarDekho Group has appointed media industry professional Mayank Jain as the CEO of its new auto business. Jain will be responsible for strengthening the organizations new auto offering, and deepening engagement with OEMs, dealer network and other enterprise partners, the platform said in a release. He will be reporting to CarDekho CEO and Co-founder Amit Jain, and operate out of the CarDekho Gurugram office, it said. "Mayank is a highly reputed professional in the media ...
Amit Jain Southeast Asia Cardekho Gurugram Mayank Jain Cardekhogaadi Trust Mark Stores British Telecom

GM profit surges to $2.98 billion on sales of higher-margin trucks

Read more about GM profit surges to $2.98 billion on sales of higher-margin trucks on Business Standard. General Motors first-quarter net income surged to $2.98 billion as strong US consumer demand and higher prices offset production cuts brought on by a global shortage of computer chips
Ford Motor Co General Motor Wall Street Ford Motor Petroleum Politics Economic Bubbles

Dish TV India Ltd leads gainers in 'A' group

Alembic Ltd, PTC India Financial Services Ltd, Borosil Renewables Ltd and Agro Tech Foods Ltd are among the other gainers in the BSEs A group today, 04 May 2021. Alembic Ltd, PTC India Financial Services Ltd, Borosil Renewables Ltd and Agro Tech Foods Ltd are among the other gainers in the BSEs A group today, 04 May 2021. Dish TV India Ltd surged 20.00% to Rs 12 at 11:48 IST. The stock was the biggest gainer in the BSEs A group. On the BSE, 86.93 lakh shares were traded on the counter so far as...
Alembic Ltd Tv India Ltd Borosil Renewables Ltd Agro Tech Foods Ltd India Financial Services Ltd Financial Services Ltd

Volumes jump at Dish TV India Ltd counter

Dish TV India Ltd saw volume of 756.93 lakh shares by 14:14 IST on NSE, a 12.61 fold spurt over two-week average daily volume of 60.02 lakh shares Grindwell Norton Ltd, Angel Broking Ltd, Venkys (India) Ltd, Alembic Ltd are among the other stocks to see a surge in volumes on NSE today, 04 May 2021. Dish TV India Ltd saw volume of 756.93 lakh shares by 14:14 IST on NSE, a 12.61 fold spurt over two-week average daily volume of 60.02 lakh shares. The stock increased 13.00% to Rs.11.30. Volumes st...
Angel Broking Ltd Grindwell Norton Ltd Alembic Ltd Tv India Ltd Venkys India Ltd Norton Ltd

Volumes soar at Sobha Ltd counter

Sobha Ltd clocked volume of 1.05 lakh shares by 10:48 IST on BSE, a 4.69 times surge over two-week average daily volume of 22306 shares Dish TV India Ltd, KRBL Ltd, General Insurance Corporation of India, New India Assurance Company Ltd are among the other stocks to see a surge in volumes on BSE today, 04 May 2021. Sobha Ltd clocked volume of 1.05 lakh shares by 10:48 IST on BSE, a 4.69 times surge over two-week average daily volume of 22306 shares. The stock lost 1.16% to Rs.486.75. Volumes s...
Insurance Corporation Of India India Assurance Company Ltd Tv India Ltd Sobha Ltd General Insurance Corporation New India Assurance Company Ltd

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Japan's Sony Corp expects profit to decline after pandemic boom

Japans Sony Corp on Wednesday said it expects operating income to slip 4.3% this business year following record profit from sales of music, gaming and other content to people forced to stay at home by COVID-19 lockdown measures. That demand has helped Sony continue its shift from consumer electronics to entertainment content and digital subscription services, though analysts said it may wane as more people in key markets such as the United States get vaccinated against the novel coronavirus. ...
United States Tim Kelly Christopher Cushing T Inc Japan Sony Corp On Walt Disney Co

Network18 Media climbs after Q4 PAT jumps 242% YoY to Rs 206 cr

Network18 Media & Investments rallied 2.86% to Rs 39.60 after the companys consolidated net profit surged 241.91% to Rs 205.80 crore on 3.40% decline in revenue from operations to Rs 1,414.70 crore in Q4 FY21 over Q4 FY20. Consolidated operating EBITDA jumped 24% to Rs 279 crore in Q4 FY21 as against Rs 225 crore in Q4 FY20. Operating EBITDA margin improved to 19.7% in Q4 FY21 as compared to 15.4% in Q4 FY20. The Q4 earnings were announced after market hours on Tuesday, 20 April 2021. The marke...
Ram Navami Adil Zainulbhai Bigg Boss Dance Deewane Operational Expenditure Capital Market

Australia cancels two infra deals with China on national interest grounds

Australia has cancelled two Chinese Belt and Road infrastructure building initiative deals with a state government, provoking an angry response from Beijing. The bilateral deals with Victoria state were among four vetoed under new laws that give the federal government power to overrule international agreements by lower-level administrations that violate the national interest, Foreign Minister Marise Payne said late Wednesday. The Belt and Road deals struck with Beijing in 2018 and 2019 trigge...
Marise Payne Chinese Embassy Victoria Education Department Australian Broadcasting Corp Chinese Communist Party Chinese Belt

TV18 Broadcast Q4 PAT soars 77% to Rs 251 cr

On a consolidated basis, TV18 Broadcasts net profit surged 77.02% to Rs 251.08 crore on 5.40% decline in revenue from operations to Rs 1,347.94 crore in Q4 FY21 over Q4 FY20. Consolidated operating EBITDA jumped 16% to Rs 279 crore in Q4 FY21 as against Rs 240 crore in Q4 FY20. Operating EBITDA margin improved to 20.7% in Q4 FY21 as compared to 16.9% in Q4 FY20. The Q4 result was announced made after market hours yesterday, 20 April 2021. The group debt sharply reduced to Rs 893 crore in March ...
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