RBI may not change repo rate owing to food inflation
The Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC) will continue to remain cautious on the inflationary trends and may not change the re......
Tag : Corporate News
India expected to clock 7.2 pc GDP growth in 2024-25: Report
(IANS) India's economy is expected to clock a 7 to 7.2 per cent growth rate in 2024-25 supported by a rebounding rural economy, strong manufacturing...
ONDC’s monthly orders hit record 12 million in July
(IANS) The government-run Open Network for Digital Commerce (ONDC) on Monday announced that it has continued its impressive growth trajectory in July 2......
Bharti Airtel’s net profit surges to Rs 4,160 crore in Q1 after exceptional items
(IANS) Bharti Airtel on Monday reported net profit (after exceptional items) at Rs 4,160 crore, up by 158 per cent (year-on-year), in the April-June qu......
Bangladesh unrest: Air India cancels flights to and from Dhaka
(IANS) National carrier Air India on Monday announced it has cancelled flights to and from Dhaka with immediate effect, amid the growing unrest in the......
Adani Energy Solutions raises Rs 8,373 crore via QIP, largest in India’s power sector
(IANS) Adani Energy Solutions Ltd (AESL) on Monday announced it has successfully raised Rs 8,373 crore ($1 billion) via the qualified institutional pla......
India stands to gain as global oil prices decline to 8-month low
(IANS) India, the world’s third-largest importer of crude oil, stands to gain as oil prices have fallen to an eitht-month low at $75.8 a barrel...
Three advanced IT hardware factories to boost local manufacturing in India
(IANS) In a fillip to the ‘Make in India’ initiative, contract manufacturing company Zetwerk on Monday made it official to partner with Bengaluru-based......
Adani’s Ambuja Cements to invest Rs 1,600 crore to set up cement plant in Bihar
Ambuja Cements, part of the diversified Adani Portfolio, on Saturday announced to invest Rs 1,600 crore to set up a 6 MTPA cement grinding unit...
Tata Electronics holds groundbreaking ceremony of Rs 27,000 crore chip plant in Assam
(IANS) In a fillip to Prime Minister Narendra Modi's vision to make India a global semiconductor manufacturing hub, Tata Electronics on Saturday held t......
EV registration up over 43 pc in FY24, Rs 17,896 crore invested: Centre
(IANS) The number of electric vehicles (EVs) registered in FY24 increased significantly by 42.06 per cent as compared to FY23, the Parliament was told......
Titan records 1 per cent dip in Q1 net profit at Rs 770 crore
Jeweller and watchmaker Titan Ltd on Friday said its standalone net profit declined by 1 per cent to Rs 770 crore in the April-June quarter...
Chip giant Intel to lay off 15,000 employees, reduce spending by $10 bn
3 (IANS) Chip-maker Intel has announced to lay off more than 15 per cent of its workforce — or about 15,000 employees — after posting...
Improved monsoon leads to power demand moderation in India: Report
(IANS) As monsoon coverage improves, power demand in India has moderated, especially in the southern regions, a report showed on Friday. Power demand i......
Apple sets another quarterly revenue record in India: Tim Cook
(IANS) Apple has once again set quarterly revenue record (April-June period) in India, riding on robust local manufacturing amid the government's push......
Billionaire Druckenmiller invests in Adani Energy’s $1 billion QIP that oversubscribed 6 times
(IANS) As the Adani Energy Solutions' $1-billion qualified institutional placement (QIP) was oversubscribed six times, garnering a demand of more than......
Tata Motors Q1 net profit shoots up 74 per cent as JLR sales zoom
Tata Motors on Thursday reported a 74 per cent increase in net profit to Rs 5,566 crore for the April-June quarter of the current financial...
Mineral production sees robust growth in Q1, India 2nd largest aluminium producer in world
(IANS) India, which has become the second-largest aluminium producer in the world, saw robust growth in production of key minerals, such as iron ore an......
Adani Ports clocks record net profit at Rs 3,107 crore in Q1, revenue up 21 pc
(IANS) Adani Ports and Special Economic Zone (APSEZ) on Thursday posted the highest-ever net profit at Rs 3,107 crore (up 47 per cent year-on-year) alo......
ESTABLISHMENT OF COMPRESSED NATURAL GAS INFRASTRUCTURE
Establishment of Compressed Natural Gas (CNG) stations is part of the development of City Gas Distribution (CGD) Network and the same is being carried......