BHEL reports net loss of Rs 163 crore for Oct-Dec quarter
New Delhi, Feb 13 - Bharat Heavy Electricals Ltd on Tuesday reported a standalone net loss of Rs 163 crore for the October-December quarter of the current financial year.
Sensex gains 500 points led by private sector banks
New Delhi, Feb 13 - BSE Sensex is up more than 500 points in afternoon trade on Tuesday led by private sector banks.
Google Meet rolls out ‘companion mode’ on Android, iOS devices
New Delhi, Feb 13 - Google has rolled out its second screen “companion mode” to the Meet app on Android and iOS.
Aircraft engine maker Pratt & Whitney sets up new digital capability centre in Bengaluru
Chennai, Feb 13 - Global aircraft engine manufacturer Pratt & Whitney on Tuesday said it has established its new India Digital Capability Centre (IDCC) in Bengaluru.
Freshers’ hiring intent up 6 per cent in India, E-com & tech startups lead
New Delhi, Feb 13 - The intent for hiring freshers in India has increased to 68 per cent in the first half (HY1) of 2024 (January-June 2024), up six per cent from HY1 2023, with e-commerce and tech startups leading, a new report
Hindalco shares slump 13 per cent after Novelis results
New Delhi, Feb 13 - Hindalco Industries shares slumped 13 per cent on Tuesday after its subsidiary, Novelis reported a project escalation cost for its Bay Minette plant.
Tata Motors cuts prices of electric cars by up to Rs 1.2 lakh
New Delhi, Feb 13 - Tata Motors on Tuesday cut the prices of its electric cars by up to Rs 1.20 lakh as the company passed on to consumers the decline in the cost of battery cells of electric vehicles.
Cautious optimism for auto retail sector in Feb
Chennai, Feb 13 - The February outlook for the automobile industry leans toward cautious optimism with growth potential, said the Federation of Automobile Dealers Associations (FADA).
RBI supports fintech sector, but customer interest is of prime importance: Guv Das
New Delhi, Feb 12 - The Governor of Reserve Bank of India (RBI), Shaktikanta Das, said on Monday that while the central bank is supportive of the fintech sector, it is also committed to protect the interests of the customers as well as
Adani Electricity unveils India’s First Advanced Distribution Management System (ADMS) in Mumbai
Mumbai, Feb 13 - The Adani Electricity Mumbai Ltd has launched the country’s first state-of-the-art Advanced Distribution Management System to fix power supply glitches within a short time for its 31.50 lakh consumers, officials said here.
Chennai Airport to have 9 aerobridges by 2025 to cater to wide bodied long haul flights
Chennai, Feb 12 - The Chennai Airport terminal complex has 13 aerobridges, and one additional aerobridge for wide bodied long haul aircraft is under construction and will be operational by March 2024, said the Ministry of Civil Aviation.
Sensex down more than 500 points
New Delhi, Feb 12 - BSE Sensex on Monday fell more than 500 points on broad based selling.
EaseMyTrip plans to build 5-star hotel in Ayodhya, triggers surge in share price
New Delhi, Feb 12 - Travel agency EaseMyTrip has announced plans of building a luxury five-star hotel in Ayodhya near the Sri Ram Mandir which led to a surge in the company’s share price on Monday.
India Inc expects higher manufacturing sector growth in Jan-March quarter
New Delhi, Feb 12 - Apex business chamber FICCI’s quarterly survey on manufacturing released on Monday reveals a sustained and continued period of growth for India’s manufacturing sector in the last quarter of financial year 2023-2024.
Centre tells states to meet guidelines for ensuring adequate power to consumers
New Delhi, Feb 12 - Union Ministry of Power has sent a detailed letter to all states and union territories for adherence to “Resource Adequacy Guidelines” in order to ensure adequate growth in the nation’s power capacity in line with the rapidly growing
Microsoft ends week with $3.125 tn MCap, becomes most valuable company ever
New York, Feb 10 - Microsoft ended the week with a market capitalisation of $3.125 trillion, the highest for any company ever, Barron’s reported.
Assam Budget to be presented today
Guwahati, Feb 12 - The Assam Budget for 2024-25 financial year is scheduled to be tabled Monday by Finance Minister Ajanta Neog in the Assam Assembly.
Microsoft ends week with $3.125 tn MCap, becomes most valuable company ever
New York, Feb 10 - Microsoft ended the week with a market capitalisation of $3.125 trillion, the highest for any company ever, Barron’s reported.
German chemicals firm BASF to withdraw from Xinjiang after Uyghur abuse claims
London, Feb 10 - The German chemicals producer BASF has said it will withdraw from its two joint ventures in Xinjiang, after reports about alleged human rights abuses relating to its partner company, which BASF’s CEO said crossed a red line, media reported.
$300 bn electronics production in few years a realistic, achievable target: IT Minister
New Delhi, Feb 10 - India has embarked on the journey to reach $300 billion electronics production, including $100 billion in exports, in the coming few years which is a realistic and achievable target for the government, Union Minister for Electronics and IT