Ashok Leyland posts 60% rise in Q3 net profit at Rs 580 crore
New Delhi, Feb 5 - Heavy vehicle manufacturer Ashok Leyland on Monday reported a 60 per cent increase in its standalone net profit at Rs 580 crore for the October-December quarter of the current financial year (FY 2023-24).
OECD raises India’s growth outlook for 2024 to 6.2%
New Delhi, Feb 5 - The Organisation for Economic Co-operation and Development (OECD) has raised India's growth outlook for 2024 to 6.2 per cent in its latest interim economic outlook released on Monday.
Adani Total Gas inks pact with INOXCVA to strengthen LNG ecosystem in India
Ahmedabad, Feb 5 - Adani Total Gas Ltd (ATGL), India's leading city gas distribution company and INOX India Ltd (INOXCVA), one of the world's leading cryogenic liquid storage, have joined hands for boosting the LNG ecosystem in the country.
Govt moving to one regulator system for food safety certification
New Delhi, Feb 5 - In a move that would facilitate ease of doing business through the concept of 'One Nation, One Commodity, One Regulator', the Food Safety and Standards Authority of India (FSSAI) has approved various amendments to streamline food safety and
Vice Prez Dhankhar to inaugurate World Sustainable Development Summit
New Delhi, Feb 5 - The World Sustainable Development Summit (WSDS) will be inaugurated by Vice-President Jagdeep Dhankhar on Tuesday here, an official said on Monday.
Govt rakes in Rs 600 crore as penalties from taxpayers’ delay in PAN-Aadhar link
New Delhi, Feb 5 - The government has collected over Rs 600 crore as penalties from persons who failed to meet the deadline for linking their PAN with their Aadhaar card, the Parliament was told on Monday.
India well positioned to use AI to make software development more productive: Google
New Delhi, Feb 5 - India is well positioned to use artificial intelligence (AI) to make software development more productive in the country, Google said in a blogpost on Monday.
Adani Electricity taps in sunshine, wind & AI to reduce Mumbaikars’ power bills
Mumbai, Feb 5 - The Adani Electricity Mumbai Ltd is in its endeavour to ease the consumers' power-related woes in Mumbai is making good use of abundant bright sunshine, free-flowing winds all while incorporating 'Artificial Intelligence' to reduce the power bills of the
Interim J&K budget presented in Parliament
Srinagar, Feb 5 - Finance Minister Nirmala Sithraman on Monday presented the Jammu and Kashmir Interim Budget 2024 and revised estimates of J&K for the current fiscal in the Parliament.
Paytm denies reports on selling its wallet business, says ‘market speculation’
New Delhi, Feb 5 - Leading financial services company Paytm on Monday denied reports that it is in talks with a few interested investors to sell its wallet business, amid the Reserve Bank of India’s (RBI) ban on the Paytm Payments Bank.
Kochi to host 6th edition of Indian Boat and Marine Show
Kochi, Feb 5 - Kerala's commercial capital, Kochi will host the 6th edition of India Boat & Marine Show (IBMS), the country's premier boating, marine, and water sports industry-related expo here from February 8 to 10.
Airtel Q3 net profit jumps 54% to Rs 2,442 crore
New Delhi, Feb 5 - Telecom major Bharti Airtel Ltd on Monday reported a 54 per cent jump in consolidated net profit at Rs 2,442 crore for the October-December quarter of the current financial year.
PM Suryodaya Yojana: Know about Centre’s scheme to harness solar energy, empower the poor with ‘free electricity’
New Delhi, Feb 5 - The ‘Pradhan Mantri Suryodaya Yojana’, launched by Prime Minister Narendra Modi on January 22 this year, is a path-breaking initiative aimed at making electricity bills of poor and middle class citizens ‘zero’ while helping them make substantial gains
US investment firm Vanguard cuts Ola’s valuation to $1.88 bn
New Delhi, Feb 5 - US-based investment firm Vanguard has reportedly slashed down ride-hailing major Ola's valuation to less than $2 billion.
90% Indian CIOs to increase spending on AI tools in 2024: Report
New Delhi, Feb 5 - Artificial Intelligence (AI) is dominating the mindshare of Indian Chief Information Officers (CIO)s, with more than 90 per cent looking to increase spending on right tools, according to a report on Monday.
Indian bank credit in FY25 to be 12-14%: S&P Global Ratings
Chennai, Feb 5 - Indian bank credit could be restricted to 12-14 per cent in fiscal 2025 if deposit growth remains tepid coupled with increasing cost of funds and competition for funds, said S&P Global Ratings in a report.
Hydrant Refuelling System launched at all parking bays of Terminal 1: DIAL
New Delhi, Feb 5 - In a major leap towards environmental sustainability, GMR-led Delhi International Airport Limited (DIAL) on Monday announced the launch of an advanced Hydrant Refuelling System (HRS) at all parking bays of Terminal 1.
Sunshine, wind and AI help Adani Electricity ‘curb’ Mumbaikars’ power bills
Mumbai, Feb 5 - The Adani Electricity Mumbai Ltd is in its endeavour to ease the consumer's stress in Mumbai is making good use of abundant bright sunshine, merrily blowing winds and a smart dosage of 'Artificial Intelligence'.
Incofin & Fiedlin invest Rs 60cr in Kashmir-based horticulture technology enterprise
Srinagar, Feb 5 - Qul Fruitwall (Qul), the Kashmir-based horticultural startup, becomes the first private sector enterprise to receive global institutional capital in Jammu and Kashmir.
Mukesh Ambani ranked No. 1 Indian & No. 2 globally in Brand Guardianship Index 2024
New Delhi, Feb 5 - Mukesh Ambani, Chairman and Managing Director of Reliance Industries Limited, was ranked 1st among all Indians and 2nd globally in the Brand Guardianship Index 2024 compiled by Brand Finance.