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Cargo traffic at Mumbai airport jumps 28% to 7.7 lakh tonnes in 2021

Mumbai, Feb 3 (PTI) Cargo traffic at the city's Chhatrapati Shivaji Maharaj International Airport (CSMIA) jumped 28 per cent year-on-year to 7.7 lakh tonnes in 2021, the private aerodrome operator said on Thursday. The Mumbai airport also said it is expecting cargo traffic to return to 95 per cent of the pre-COVID-19 level this year, [...]

Bosch to invest over Rs 1,000 cr in localisation of advanced auto tech in 5 years

Mumbai, Feb 3 (PTI) Technology and services supplier Bosch, which has completed 100 years of its presence in the Indian market, has said it will invest more than Rs 1,000 crore in the localisation of advanced automotive technologies over the next five years. Besides, the company also launched its mobility marketplace to provide its mobility-related [...]
Timex Q3 Results: Net loss at Rs 5.10 cr

Timex Q3 Results: Net loss at Rs 5.10 cr

Leading watchmaker Timex Group India Ltd on Thursday reported a net loss of Rs 5.10 crore for the third quarter ended December 2021. The company had clocked a net profit of Rs 4 crore in the October-December period a year ago, it said in a regulatory filing. Revenue from operations rose 22.43 per cent to [...]

Business briefs 3

Rothschild & Co appoints veteran banker Naina Lal Kidwai as senior advisor, member of India board Mumbai, Feb 3 (PTI) Rothschild & Co, an investment bank, on Thursday announced the appointment of veteran banker Naina Lal Kidwai as a senior advisor and member of its India board. Kidwai, who has headed foreign lender HSBC in [...]

PGCIL approves investments worth Rs 677 cr

New Delhi, Feb 3 (PTI) Power Grid Corporation (PGCIL) on Thursday said its board has approved investments worth Rs 677.59 crore for transmission projects. The 'Committee of Directors on Investment on Projects' at its meeting held on February 2 (Wednesday) approved investments worth Rs 677.59 crore, it said in a BSE filing. The projects include [...]

Home First eyes 30% jump in loan sales at Rs 5,600 cr in FY22

Mumbai, Feb 3 (PTI) Affordable housing-focused Home First Finance, which primarily taps first-time homebuyers, is bullish on the market and is on course to disburse 30 per cent more loans over the last fiscal to close this year at around Rs 5,600 crore. The mortgage lender has been clocking a seven per cent growth in [...]

West Bengal govt to take over all international border truck terminuses

Kolkata, Feb 3 (PTI) The West Bengal government will take over all the truck terminuses at international borders in the state from private agencies, Chief Minister Mamata Banerjee said on Thursday Chairing a meeting with officials, Banerjee said the revenue generated by the terminuses was not reaching the government coffers and being "eaten up" by [...]
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