Coal fired generation capacity in focus for energy security
India will focus on setting up more coal-fired power projects as well as keep adding renewable generation capacity to achieve 24x7 electricity supply for all in 2024 amid economic expansion and the need to ensure energy security in these times of rising geopolitical uncertainties. In a reflection of ambitious plans, the...
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Significant rise in gap between standalone, consolidated net profit of Reliance Industries
26 December 2023 | PTI -
Small stocks lead 2023 bull run
26 December 2023 | PTI -
First rupee payment for UAE oil: India looks for more deals
26 December 2023 | PTI -
Disinvestment fetches Rs 4.20 lakh crore in 10 years
26 December 2023 | PTI -
Significant rise in gap between standalone, consolidated net profit of Reliance Industries
25 December 2023 | PTI -
Running at 100 pc capacity now, NINL was home to snakes, scorpions when acquired by Tata Steel, says MD Mehta
25 December 2023 | PTI -
Better volumes, rural demand revival, double digit volume growth in 2024
25 December 2023 | PTI
75K sellers on Meesho hit double digit growth in sales
Around 75,000 sellers achieved double-digit growth while over 20,000 sellers witnessed a 10-times jump in their business on Softbank-backed e-commerce firm Meesho, the company said on Sunday. Meesho is the first unicorn e-commerce firm to have reported profit this year and it claims to have maintained the profitability since it first...
‘Office demand jumps 92 per cent in October, December in top 6 cities’
Office space demand surged 92 per cent during October-December period across six major cities on better demand of workspace from corporates and coworking operators, according to Colliers India. Real estate consultant Colliers India report shows that gross leasing of office space stood at 20.2 million square feet in the fourth quarter...
Cyber risks biggest threat faced by Indian firms: Survey
Cyber risks are cited as the biggest threat faced by Indian organisations with 38 per cent of respondents feeling highly or extremely exposed to it, says a survey. With this, cybersecurity has jumped two spots from number three to number one on the risk radar when compared to the 2022 Global...
Infosys loses mega contract as global client terminates $1.5 bn deal
IT services firm Infosys has said that a global company has decided to terminate a multi-year contract worth USD 1.5 billion with it. On September 14, 2023, Infosys announced a pact with a global company to offer enhanced digital experiences alongside modernisation and business operations services leveraging Infosys platforms and AI...
‘India steel production grows 11 per cent in November’
India has registered an increase of 11.4 per cent in its crude steel production at 11.7 million tonne (MT) in November this year, according to World Steel Association (worldsteel). During January-November, the country’s production was 12.1 per cent higher year on year (y-o-y) at 128.2 MT, the global body said in...
India economic growth to boost demand of corporates: Fitch
Leading credit rating firm Fitch Ratings expects that India’s resilient economic growth will boost demand of the corporates. In its latest research report on ‘India Corporates: Sector Trends 2024’, Fitch said that this is a sequel to the robust performance of the corporates in 2023 and will offset weakness from slowing...
‘Steps taken to control food items prices’
Food and Consumer Affairs Minister Piyush Goyal on Sunday noted that the Centre has taken many pro-active steps in last few years to control retail prices of food items and said the government will keep inflation under control while ensuring country’s economic growth. He was addressing an event, organised by the...