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Adanis to invest Rs 20,000 crore to raise cargo capacity
As per reports, the company would invest Rs 5,000-Rs 6,000 crore each year in expanding its capacity with internal cash flow of about Rs 8,000 crore.
Jio Financial reports Rs 668 crore net profit in Q2
Total revenue from operations for JFSL rose about 48% on a sequential basis to Rs 608 crore.
Poor rains to affect production of pulses, oilseeds and cotton
The biggest dip in area under cultivation was seen in pulses, at 0.54mn hectares, followed by oilseeds at 0.33mn hectares and cotton by 0.41mn hectares.
REC commits ₹40,000 Crore for two Green Hydrogen and conventional projects in Odisha
Gurugram: REC Limited marked a significant milestone by signing three MoUs totalling ₹40,358 Crores to support and finance various projects in the vibrant state of Odisha. The signing ceremony took place in the presence of distinguished…
Flipkart’s shopping fest sees 1.4 billion visits
Kalyan Krishnamurthy, CEO, Flipkart Group, said the company created one lakh new job opportunities across supply chain, including fulfillment centers, sortation centers and delivery hubs.
Centuary Mattress plans rapid expansion in South with experience centers
It recently opened its first-ever experience center at Chennai and plans to establish five centers in each three cities in the next six months.
LinkedIn cuts more than 600 workers, about 3 percent of workforce
The Microsoft-owned career network is cutting about 668 roles across its engineering, product, talent and finance teams.
Jio Financial’s Q2 net profit doubles from previous three-month period
The consolidated net profit in three months ended September 30 rose to Rs 668.18 crore as compared to Rs 331.92 crore in the preceding quarter, the firm said in a stock exchange filing.
Markets fall for 3rd day on weak global equities, spike in Brent crude oil prices
The 30-share BSE Sensex declined 115.81 points or 0.17% to settle at 66,166.93. During the day, it fell 243.36 points or 0.36% to 66,039.38. The Nifty slipped 19.30 points or 0.10 % to 19,731.75.
What Google’s antitrust trial means for your search habits
Microsoft CEO Satya Nadella asserted Google has an almost hypnotic hold on users while testifying earlier this month during the trial.
Burmans’ takeover bid faces resistance from REL management
Religare management has approached SEBI as there is dissatisfaction over the valuation
D-Mart Q2 net profit falls 9 per cent to Rs 623.35 crore, sales up 18.7 per cent
During the June quarter, D-Mart opened nine new stores taking the total count to 336.
Growing e-waste an opportunity for manufacturers: Technology product makers
E-waste is an electronic product that is no longer needed, worn out, not working, or nearing the end of its utility for the user. These include wires to devices.
REC inks MoU with NICSI for IoT, Machine Learning Blockchain and Cyber Sefety
Gurugram: REC, a Maharatna under Ministry of Power has signed a Memorandum of Understanding (MoU) with National Informatics Centre Services Inc. (NICSI) under Ministry of Electronics & Information Technology (MEIT), for various…
No restriction on import of laptops, computers: Commerce secretary
On August 4, the government announced ban on laptops, all-in-one personal computers, and tablets.
Discount on Russian crude declines to lowest level since March 2022
“Total oil exports increased by 460 thousand barrels per day (kb/d) to 7.6 million barrels per day (Mbd), with crude oil accounting for 250 kb/d of the increase.
More than 40 million invest in MFs; monthly SIP investment at Rs 16K crore
Mutual fund folios reached an all-time high of Rs 15.71 crore in September 2023 as against Rs 15.42 crore in August 2023.
Infosys to pause on freshers’ hiring this year
This is the sixth consecutive quarter that Infosys has been seeing a decline in hiring and the second quarter in a row when its total workforce strength has slipped.
Travel fintech firm to disburse Rs 100 crore in 6-9 months at 0% interest to agents
SanKash offers plug-n-play API platform that allows merchants to embed a single 'pay later' button at checkout by aggregating multiple consumer financing providers.
Inflation cools to 5%, IIP at 14-month high
However, compared with September 2022, food inflation is still higher at 6.3% with big spikes in pulse and spices prices.
