by PTI News | Feb 15, 2022 | 6:17 pm | News
Mumbai, Feb 15 (PTI) To offset the high attrition rate and execute about USD 2-billion order pipeline, global private equity major Carlyle Group-controlled Hexaware Technologies is adding 10,000 more to its 25,000-strong headcount this year, a senior company official has said. Last October, the Carlyle Group offered a reported USD 3 billion to Baring Private [...]
by PTI News | Feb 15, 2022 | 6:16 pm | Corporate Action, News
Mumbai, Feb 15 (PTI) The Aditya Birla Group has invested an undisclosed amount in Zand, an upcoming digital bank in the United Arab Emirates (UAE). The USD 45-billion diversified conglomerate joins other investors like Franklin Templeton, Al Hail Holding LLC, Al Sayyah and Sons Investments LLC, Global Development Group, Mohamed Alabbar, Olivier Crespin, and Yusuff [...]
by PTI News | Feb 15, 2022 | 6:15 pm | News
New Delhi, Feb 15 (PTI) Ministry of Road Transport and Highways on Tuesday said it has made significant progress under PM Gati Shakti National Master Plan aimed at improving multi-modal connectivity and last mile connectivity across the country. Gati Shakti is a digital platform that will bring 16 ministries, including railways and roadways together, for [...]
by PTI News | Feb 15, 2022 | 6:11 pm | Company Results, News
New Delhi, Feb 15 (PTI) State-owned NBCC Ltd has reported a 10 per cent decline in consolidated net profit at Rs 87.03 crore for the quarter ended December.Its profit stood at Rs 96.98 crore in the year-ago period.Total income also fell to Rs 2,056.31 crore in the third quarter of the fiscal from Rs 2,149.17 [...]
by PTI News | Feb 15, 2022 | 6:09 pm | Corporate Action, News
Mangaluru, Feb 15 (PTI) Shyamprasad Kamath Mundkur has been appointed as executive director (refinery) of Mangalore Refinery and Petrochemicals Limited (MRPL) with effect from June 1, 2022, a company release here said. A native of Mangalore, Kamath is currently holding the post of group general manager (technical services) at MRPL. Kamath had joined MRPL in [...]
by PTI News | Feb 15, 2022 | 5:59 pm | Economy, News
Mumbai, Feb 15 (PTI) Union Minister for Electronics and Information Technology, Ashwini Vaishnaw, on Tuesday said the government and the ruling BJP have social harmony and inclusive development as a part of their thought process. “We as the government, in BJP, we believe in inclusive development, we believe in 'Antodaya' as a major philosophy, as [...]
by PTI News | Feb 15, 2022 | 5:59 pm | Economy, News
Mumbai, Feb 15 (PTI) The budget session of the Maharashtra legislature will be held in Mumbai between March 3 and March 25. The annual budget will be tabled on March 11, an official said on Tuesday. Earlier, a discussion was held to host the budget session in Nagpur but due to the MLA hostel there [...]
by PTI News | Feb 15, 2022 | 5:53 pm | Foreign Exchange and Rupee Price, News
Mumbai, Feb 15 (PTI) Snapping its five-session losing streak, the rupee surged 28 paise to close at 75.32 against the US dollar on Tuesday amid signs of easing Russia-Ukraine tensions. A recovery in domestic equities and weakness of the greenback overseas further helped the domestic currency, analysts said. At the interbank forex market, the local [...]
by PTI News | Feb 15, 2022 | 5:46 pm | Economy, News
Nagpur, Feb 15 (PTI) Coal Secretary Anil Kumar Jain on Tuesday said the import of coal for thermal power generation will end in India by 2024 and the domestic production of the dry-fuel is expected to rise by 10 per cent. Jain was in Nagpur for a review meeting with Western Coalfields Ltd (WCL), a [...]
by PTI News | Feb 15, 2022 | 5:42 pm | Economy, News
Bhopal, Feb 15 (PTI) Prime Minister Narendra Modi will virtually inaugurate the 550 TPD (tonne per day) capacity Bio-CNG plant at Indore in Madhya Pradesh on February 19, a state government official said on Tuesday. Besides inaugurating this plant, the prime minister will interact with Swacchata entrepreneurs of Bhopal, Indore and Dewas on the occasion, [...]
