New Delhi, Feb 14 (PTI) The Production Linked Incentives Scheme for the automobile and auto components sector will lead to creation of 7.5 lakh additional jobs and incremental production worth Rs 2,31,500 crore over the next five years, a top official said on Monday. Ford, Tata Motors, Suzuki, Hyundai, Kia and Mahindra & Mahindra are among the [...]
New Delhi, Feb 14 (PTI) Future Retail Ltd (FRL) on Monday reported the widening of its consolidated net loss to Rs 1,063.36 crore for the third quarter ended on December 31, 2021. The company had posted a net loss of Rs 846.92 crore in the corresponding quarter last year, FRL said in a BSE filing. [...]
Korba, Feb 14 (PTI) A 55-year-old contract employee was killed after he was trapped in a machine at the Balco aluminium plant in Chhattisgarh's Korba district on Monday, police said. The incident occurred around 8:30 AM in the Green Anode section of the plant located in Korba, a police official said. The deceased is identified [...]
Hyderabad, Feb 14 (PTI) Consolidating its leadership position, the Indian School of Business (ISB) has topped the chart among the country's business schools in two prestigious global rankings. A press release from the B-School said ISB's Post Graduate Programme in Management (PGP) has been ranked 32nd in the Financial Times (FT) Global MBA 2022 ranking, [...]
New Delhi, Feb 14 (PTI) Richest Indian Mukesh Ambani's conglomerate on Monday announced a joint venture to provide satellite-based broadband services across India, as it joins the race with billionaires Elon Musk's SpaceX and Sunil Mittal's OneWeb to offer reliable, high-speed internet everywhere. Jio Platforms -- the telecom and digital services arm of oil-to-retail conglomerate [...]
New Delhi, Feb 14 (PTI) Direct-to-home firm Dish TV India Ltd on Monday reported a 7.17 per cent decline in its consolidated net profit to Rs 80.21 crore for the third quarter ended in December 2021. The company had reported a net profit of Rs 86.41 crore in the October-December quarter a year ago, Dish [...]
New Delhi, Feb 14 (PTI) Crisis-hit Jaypee Infratech on Monday reported a consolidated net loss of Rs 540.03 crore for the quarter ended in December. Its net loss stood at Rs 472.14 crore in the year-ago period. Total income rose to Rs 294.76 crore in the third quarter of this fiscal year from Rs 248.57 [...]
New Delhi, Feb 14 (PTI) Jio Platforms will invest USD 200 million, about Rs 1,500 crore, in SoftBank-backed Inmobi's Glance platform, which provides mobile lock screen content including videos and advertisement on it. Glance will use the funds raised to double down on growth in Asia as well as launch in key global markets including [...]
Mumbai, Feb 14 (PTI) Online travel company Yatra Online on Monday announced its partnership with Cleartrip, owned by the Flipkart Group, to offer a wider hotel inventory to its customers. This strategic association between Yatra and Cleartrip, both leading brands in the online travel space in India, aims to provide a boost to the entire [...]
Adani Enterprises on Monday reported a 99.4 per cent decline in consolidated profit to Rs 1.80 crore for the quarter ended December 31, 2021. The company had posted a consolidated profit of Rs 343.17 crore in the corresponding quarter last fiscal, Adani Enterprises said in a BSE filing. Its consolidated income during the third quarter [...]
