New Delhi, May 5 (PTI) Realty firm Godrej Properties is targeting at least 27 per cent growth in its sales bookings this fiscal year to cross Rs 10,000 crore mark as it plans to launch many projects across major cities to encash on "decisive uptrend" in housing demand, a top company official said.In an interview [...]
Chennai, May 5 (PTI) Public sector Indian Bank has signed a memorandum of understanding with the Government of Haryana to provide smartphones to Lambardars (tax collectors) of the state through E-Rupee coupons, the bank said on Thursday. Indian Bank provides technology-financial services and such facilities would also be extended to other state governments, a bank [...]
New Delhi, May 5 (PTI) Gurugram-based Startup Buddy's parent company Real Time Management Consultancy Services on Thursday said that it has launched 'Real-Time Accelerator Fund' with a target corpus of Rs 100 crore. There is also a green shoe option of another Rs 100 crore, according to a statement. Startup Buddy was incorporated in 2015 [...]
Chennai, May 5 (PTI) Private sector Karur Vysya Bank has bagged the Best Micro Small and Medium Enterprises Friendly Bank and the Best Innovative Bank in the runner-up categories, the Tamil Nadu-based bank said on Thursday. Union Minister for Micro, Small and Medium Enterprises Narayan Rane presented the awards to the bank's General Manager, Commercial [...]
New Delhi, May 5 (PTI) The Civil Aviation Ministry on Thursday invited second round of applications for the production-linked incentive (PLI) scheme that was announced last year to boost drone manufacturing in India. The first round of applications for this scheme were invited on March 10 and its results were announced on April 20, wherein [...]
New Delhi, May 5 (PTI) Gujarat-based AMNS India has reported an EBITDA of USD 470 million for March 2022 quarter, registering a growth of 16.62 per cent over the year-ago period, its parent company ArcelorMittal said on Thursday. EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortisation. The company had posted an EBITDA of [...]
New Delhi, May 5 (PTI) Supply chain company Delhivery on Thursday said it has set a price band of Rs 462-487 a share for its Rs 5,235-crore initial public offering (IPO), which will open for subscription on May 11. At the upper end of the price band, the company is valued at Rs 35,284 crore, [...]
New Delhi, May 5 (PTI) Tata Power Solar Systems on Thursday said it has won India’s largest solar engineering procurement and construction (EPC) order for 1 GW project worth Rs 5,500 crore from state-owned SJVN Ltd. According to a company statement, this EPC order has been designed keeping in mind the innovative use of ‘Make [...]
Solid performance in an uncertain environment Bengaluru, Karnataka, India – Business Wire India Q1 2022 HIGHLIGHTS • Strong growth in orders (26%) and revenue (21%) • Emerging sectors & core sector recovery create momentum • Capacity utilization & operation efficiencies yield traction in profit • Published the first Business Responsibility and Sustainability Report (BRSR) 2021 [...]