Top news on 24 July: From quarter one results of L&T, Axis Bank to fa fatal plane crash in Nepal's Kathmandu, several newsmakers dominated 24 July. Take a look below.
Engineering and construction giant Larsen and Toubro (L&T) announced a 12 per cent year-on-year increase in its consolidated net profit, reaching ₹2,786 crore for the quarter ending June 30, 2024, on Wednesday. According to brokerage estimates, the profit were not up to the mark to the street estimates.
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Axis Bank announced its April-June quarter results for fiscal 2024-25 (Q1FY25) on Wednesday, July 24, reporting a rise of four per cent in net profit at ₹6,035 crore, compared to ₹5,797 crore in the corresponding period last year.
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In a tragic incident, a Saurya Airlines plane crashed during takeoff from Kathmandu, resulting in 18 fatalities on Wednesday, July 24. Reports indicate that the pilot miraculously survived the crash, which occurred due to a fire onboard the aircraft.
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Leaders of INDIA bloc protested against 'discriminatory' Union Budget 2024 demanding equal treatment to all States. Congress President Mallikarjun Kharge stated, 'Many didn't get justice. We are fighting for justice.'
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BMW Motorrad has unveiled its top-tier electric scooter, the CE 04, in India, marking its entry into the premium segment of electric two-wheelers in the country. The CE 04 is available at a price of ₹14.90 lakh (ex-showroom) and will be sold as a fully built unit.
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Thyrocare Technologies shares surged 19.99 per cent to a new all-time high of ₹778 on the Bombay Stock Exchange (BSE). This spike followed the company's announcement of a 46 per cent year-on-year increase in profit after tax, reaching ₹24.7 crore for the first quarter ending June 2024.
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Bangladesh Foreign Minister Hasan Mahmud objected to West Bengal Chief Minister Mamata Banerjee's recent remark offering “shelter” to people from Bangladesh amid ongoing protests there. In a video doing the rounds on social media, Mahmud said Banerjee's statement created "confusion" and that the Bangladesh government had sent a note to the Narendra Modi-led government on the matter.
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