New Delhi, Oct 29 (PTI) Following are the top business stories at 2055 hours:
DCM68 BIZ-ADANI-ENTERPRISES
* Adani flagship firm's net profit zooms eight-fold
New Delhi: Adani Enterprises Ltd -- the flagship firm of billionaire Gautam Adani's conglomerate -- on Tuesday posted nearly an eight-fold rise in net profit in the September quarter on strong earnings from airports and new energy units that offset the drag from coal trading business. *
DEL86 AVI-FLIGHTS-BOMB THREATS
* Over 100 flights get bomb threats on Tuesday
New Delhi/ Mumbai: More than 100 flights operated by various Indian airlines received bomb threats on Tuesday, according to sources. *
DEL85 BIZ-LD DHANTERAS
* Record gold prices mute Dhanteras sales; volumes may drop 10 pc
New Delhi: Gold sales on Dhanteras are estimated to drop 10 per cent in volume terms year-on-year on sharp 33 per cent annual rise in rates of the yellow metal, according to industry players. *
DEL81 AP-LDALL LOKESH
* Nara Lokesh meets Tesla's new CFO, pitches Anantapur for Tesla unit
Amaravati: Andhra Pradesh Minister Nara Lokesh, on his visit to the US, met with Indian-origin business leaders, including Microsoft CEO Satya Nadella, Adobe chief executive Shantanu Narayen, and Apple VP operations Priya Balasubramaniam, as he sought US investments in areas ranging from AI to manufacturing, agritech and e-governance. *
DEL65 BIZ-2NDLD RESULTS-MARUTI SUZUKI
* Maruti Suzuki Q2 net profit dips 18 pc to Rs 3,102 crore; revenue at Rs 37,449 cr
New Delhi: Maruti Suzuki India on Tuesday reported an 18 per cent year-on-year dip in consolidated net profit to Rs 3,102 crore for the second quarter ended September, mainly on account of higher provisioning following the withdrawal of indexation benefit and changes in the long-term capital gains taxation. *
DEL57 BIZ-LD-STOCKS
* Sensex advances 364 pts on late buying in banking, oil shares
Mumbai: Benchmark Sensex recouped its early losses to close higher by nearly 364 points on Tuesday, extending gains to the second day on the back of late buying in banking and oil shares. *
DEL87 BIZ-LD RUPEE
* Rupee gains 2 paise against US dollar
Mumbai: The rupee gained 2 paise to settle at 84.05 against the US dollar on Tuesday, helped by a positive trend in domestic equities and lower global crude prices. *
DEL41 BIZ-RESULTS-LD ADANIPORTS
* APSEZ Q2 net profit rises 37 pc to Rs 2,413.54 cr on higher revenues
New Delhi: Adani Ports and Special Economic Zone (APSEZ) on Tuesday reported a 37 per cent rise in consolidated net profit at Rs 2,413.54 crore for the quarter ended September 2024, mainly on the back of higher revenues. *
DEL33 BIZ-LD JSW GROUP-POSCO
* South Korea's POSCO joins hands with JSW Group to tap India's steel, renewable energy market
New Delhi: South Korea's POSCO Group on Tuesday signed an agreement with Sajjan Jindal's JSW Group to set up an integrated steel plant in India with an initial capacity of 5 million tonnes per annum (MTPA), which, as per industry estimates may cost around Rs 40,000 crore. *
DEL60 BIZ-GOLD-PRICE
* Gold rises Rs 300 to Rs 81,400 per 10 grams on Dhanteras
New Delhi: Gold price rose by Rs 300 to Rs 81,400 per 10 grams, near its record high level, in the national capital on Tuesday due to heavy demand for Dhanteras by jewellers and retailers, according to the All India Sarafa Association. *