Mumbai: Gautam Adani led Adani Group’s flagship firm Adani Enterprises Ltd said on Thursday that its quarterly profit more than doubled, riding on a strong performance from its key coal trading division, Reuters reported.
The World Bank said in an official announcement that Ajay Banga has been appointed as its next president.
Mumbai/IBNS: ONGC’s Uran Plant in Navi Mumbai has signed a research and development (R&D) agreement with the Indian Institute of Technology, Bombay (IIT-B) to develop an innovative gas sweetening process using nano-fluids.
Mumbai: Adani Wilmar Ltd on Wednesday said it recorded a 15% volume growth in Q4 FY23 while consolidated revenue witnessed a decline of 7% to Rs 13,873 crore, due to a fall in prices of edible oil.
New Delhi/IBNS: NTPC Group has reached a significant milestone in the power sector, with an installed capacity of 72304 MW.
Mumbai/IBNS: Fintech group BharatPe Wednesday said it has completed its acquisition of a majority stake in Trillion Loans, a renowned NBFC (Non-Banking Financial Company) based out of Mumbai. The deal was completed in the month of April.
Kolkata/IBNS: Telecom major Bharti Airtel said it has entered a strategic partnership with Bridgepointe Technologies, a tech advisory firm that helps mid-market and enterprise companies bridge the gap between tech investments and business results.
New Delhi/IBNS: The Ministry of Coal has finalised the total coal production target of 1012 MT for FY 2023-24.
New Delhi: On the occasion of the first anniversary of the implementation of the India-UAE Comprehensive Economic Partnership Agreement (CEPA) recently, Commerce Secretary Sunil Barthwal congratulated the people of India and the UAE on the milestone and talked about CEPA’s role as a growth engine for India-UAE bilateral trade over the past 11 months.
Locals can now access new-age digital economy after the government-funded 4G tower of Airtel started services last week in Lumpo village of Arunachal Pradesh.
Mumbai/IBNS: Public sector lender UCO Bank on Tuesday posted the highest ever annual net profit of Rs 1862.34 crore for the year FY23, a y-o-y growth of 100.30% against Rs 929.76 crore for FY22.
Mumbai: Auto major Mahindra & Mahindra Ltd Tuesday said its overall auto sales for the month of April 2023 stood at 62,294 vehicles.
New Delhi/IBNS: Raj Kumar Dubey on Tuesday joined Bharat Petroleum Corporation Limited (BPCL) as the Director (Human Resources), the state-run refiner said.
Hyderabad: Income Tax (IT) officials on Tuesday raided several shopping malls here to investigate potential tax evasion.
New Delhi/IBNS: India’s largest iron ore producer NMDC reported a production of 3.51 Million Tonne (MT) and a sale of 3.43 Million Tonne in April 2023, recording the best-ever performance for any April month in NMDC history, the Ministry of Steel said Saturday.
New Delhi/IBNS: Government-owned power generator NTPC has registered a growth of 148% in coal production from its captive mines in April 2023 as compared to production registered in April last year.
New Delhi/IBNS: MOIL has registered the best April production performance since inception with a production of 1.31 lakh tonnes of manganese ore in April 2023.
New Delhi: The daily toll collection through the FASTag system achieved a historic milestone, reaching an all-time high collection of Rs 193.15 crore with 1.16 crore transactions recorded in a single day on April 29, the Ministry of Road Transport & Highways.
Jammu: A mysterious explosion at a fuel station, believed to be caused by a short circuit in the Narwal area, has caused tremendous panic among the people.
In a significant decision, the Bangladesh government has granted India permission to use Chattogram and Mongla ports to transit and trans-shipment cargo vessels, media reports said.
Geneva: The Future of Jobs Report 2023 suggests that almost a quarter of jobs (23%) are expected to change in the next five years through growth of 10.2% and decline of 12.3%.
After Saturday’s ED searches, Byju Raveendran, the CEO of educational platform Byju's, in a letter to his employees stated that the company has brought more foreign direct investment (FDI) to India than any other startup and no FEMA rules.
New York: Twitter CEO Elon Musk has drawn flak after the company changed its parental leave policy by slashing the period from 20 weeks to 14 days (2 weeks), as per internal company documents accessed by New York Times.
New Delhi/IBNS: The Centre has appointed Debadatta Chand as the company's Managing Director (MD) and Chief Executive Officer (CEO), Bank of Baroda said on Saturday.
New Delhi: Directorate of Enforcement (ED) conducted searches at three locations-two business and one residential- of Raveendran Byju and his company in Bengaluru over alleged violation of the provisions of Foreign Exchange Management Act (FEMA), the probe agency said on Saturday.
New Delhi: Stock market regulator Securities and Exchange Board of India (SEBI) on Saturday sought more time to complete its probe into US short seller Hindenburg Reseach's allegations of “brazen stock manipulation” and an “accounting fraud scheme” against the Adani group.
San Francisco/UNI/IBNS: Twitter has announced an option to monetize accounts, which will allow all its users to earn money from their posts.
Shenzhen: Smartphone maker Apple on Friday previewed Apple MixC Shenzhen, the second store in this vibrant city.
New Delhi: The combined output of India's eight core industries dropped to a five-month low of 3.6% year-on-year in March 2023 as against 7.2% in the previous month, data from Commerce Ministry showed on Friday.
Washington/New Delhi: India is expected to be the world's fastest-growing economy, despite facing significant challenges like financial sector turbulence, inflationary pressures, the impact of the Russia-Ukraine conflict, and the continued effects of the Covid-19 pandemic in the last three years, according to the International Monetary Fund's World Economic Outlook report.
