PTI | | Posted by Yagya Sharma State-owned power giant NTPC on Saturday reported a nearly 5 per cent rise in its consolidated net profit to ₹4,854.36 crore for the December quarter, mainly due to higher revenue. Also Read| Maruti Suzuki Q3 result: Net profit more than doubled, revenue upContinue Reading
The second month of 2023 is only three days, and the Reserve Bank of India (RBI) has released the list of holidays in February. The forthcoming month will have as many as 10 holidays, including the second and fourth Saturdays and Sundays. February does not have any national or publicContinue Reading
Ahead of the annual budget presentation, an India-centric top US strategic and business advocacy group has urged Union Finance Minister Nirmala Sitharaman to simplify and rationalise direct and indirect taxation system in India, a move it believes would increase the confidence of global investors and yield greater foreign direct investment.Continue Reading
India’s largest life insurer is plowing more money into Gautam Adani’s flagship unit, undeterred by a short seller’s fraud allegations that wiped out more than $50 billion of the conglomerate’s market value in two sessions. State-controlled Life Insurance Corp. of India is spending about 3 billion rupees ($37 million) asContinue Reading
As the shares of Indian billionaire Gautam Adani faced a bloodbath on Friday following a report by a US investment firm claiming it had committed “brazen” corporate fraud, concerns have been raised over its implications for financial stability and savings of crores of Indians in financial institutions such as LifeContinue Reading
Layoffs at tech giant Google – billed as the ‘largest’ in its history – coupled with those at several other major IT services firms, including Meta, Microsoft and Amazon, have unleashed mayhem worldwide as tens of thousands of people scramble to find new jobs amid fears of a global recession.Continue Reading
Boeing expects to hire 10,000 workers in 2023 as it recovers from the pandemic and increases jetliner production, but will trim some support jobs, the U.S. planemaker said Friday. The Arlington, Virginia-based company boosted overall employment by about 14,000 workers in 2022 to 156,000 as of Dec. 31, up fromContinue Reading
In 1937, a hydrogen-powered German airship flying into New Jersey caught fire and crashed, killing 35 passengers on board. It was sort of a man-made disaster as some 100 people were loaded on to a balloon filled with the most flammable material in the universe. The airship was named Hindenburg.Continue Reading
Reliance Jio on Friday announced the launch of the 5G services across six states of the Northeast circle by connecting seven cities, namely, Shillong, Imphal, Aizawl, Agartala, Itanagar, Kohima and Dimapur with its True 5G network. True 5G is now live in 191 cities across the country, it said. AlsoContinue Reading
India’s Adani Enterprises Ltd began a record $2.45 billion secondary share sale for retail investors on Friday, as a heavy selloff in Adani group companies intensified after an attack by a US-based short seller. Seven listed companies of the Adani conglomerate – controlled by one of the world’s richest menContinue Reading