New Delhi, May 5 (PTI) Union Minister Anupriya Patel on Thursday said technology is the way to move forward and 'Industry 4.0' aims to increase productivity, efficiency and address sustainability and climate change issues. Industry 4.0 refers to a new phase of industrial revolution that focuses on technologies like machine learning, automation and big data. [...]
Mumbai, May 5 (PTI) KONE Elevators India, a wholly-owned subsidiary of KONE Corporation, on Thursday announced the installation of world's largest passenger lift, which can carry over 200 people at a go, at the Jio World Centre in the city. The 5-stop and 16-tonne elevator installed at Jio World Centre (JWC), BKC, Mumbai is spread [...]
New Delhi, May 5 (PTI) Shares of Adani Power on Thursday rallied nearly 5 per cent after the company's consolidated net profit jumped to Rs 4,645.47 crore in the March quarter. The stock climbed 4.40 per cent to settle at Rs 277.90 apiece on the BSE. During the day, it rallied 4.99 per cent to [...]
Jindal Stainless Hisar Ltd (JSHL) on Thursday reported 64 per cent jump in consolidated net profit at Rs 574.70 crore for the quarter ended March 31, 2022, mainly on account of increased income. The company's net profit stood at Rs 350.65 crore in January-March 2020-21, JSHL said in a BSE filing. Total income during the [...]
Equity indices surrendered early gains to close flat on Thursday as profit-taking took hold amid a rally in global markets, even as the US Federal Reserve hiked rates on expected lines to combat inflation. Recovering after a severe drubbing in the previous session following the RBI's surprise rate hike, the 30-share BSE benchmark Sensex soared [...]
Adani Power's consolidated net profit jumped multi-fold to Rs 4,645.47 crore in the March quarter from Rs 13.13 crore in the year-ago period, mainly on the back of higher revenues. Total income of the company surged 93 per cent to Rs 13,308 crore in the March quarter, from Rs 6,902 crore in the same period [...]
New Delhi, May 5 (PTI) Startup Flipspaces, which is into interior design, has acquired Renomania, a platform for end customers to comprehensively discover and engage with architects, interior designers and brands.The acquisition is a 100 per cent sale of the platform’s assets, database and all technology and related intellectual property (IP), Flipspaces said in a [...]
New Delhi, May 5 (PTI) Airtel Payments Bank has appointed Manish Pandey as its new Chief Information Security Officer. Pandey will head the information and cyber security practice for Airtel Payments Bank and report to Pradeep Rangi, Chief Risk Officer. "We welcome Manish Pandey, our new Chief Information Security Officer, on board," Airtel Payments Bank [...]
Borosil Renewables' March 2022 quarter net profit fell to Rs 46.38 crore against Rs 66.87 crore in the year-ago period, mainly due to lower revenues. The total income declined to Rs 182.33 crore in the quarter from Rs 196.90 crore a year ago, showed a regulatory filing on Thursday. Its net profit rose to Rs [...]
Pune, Maharashtra, India (NewsVoir) Returns on investment with market-linked instruments can be elusive, especially with global factors constantly interfering with local indices. However, investors can forecast their earnings with certainty with a fixed-income instrument like the Bajaj Finance Fixed Deposit. To help investors plan for their future goals, Bajaj Finance even offers a convenient online [...]
