Adani Power Ltd (APL) has started exporting power to Bangladesh from its 1,600 MW ultra-supercritical power project in Jharkhand. In a regulator filing on Monday, the company said Unit 2 of 800 MW capacity of its 2x800 MW ultra-supercritical power project of its wholly-owned subsidiary Adani Power (Jharkhand) Ltd (APJL) has achieved commercial operations at [...]
IT company L&T Technology Services on Monday said it has partnered with state-owned Bharat Sanchar Nigam Limited (BSNL) for the deployment of private 5G network for enterprise customers. According to the agreement framework signed by both companies, the spectrum will be provided by BSNL using both PLMN (public land mobile network) and isolated allotment. L&T [...]
Axis Bank on Monday said it will continue to grow 4-6 per cent faster than the industry in the medium to long term, helped by focus on rural and semi-urban markets, improving digital infrastructure and Citibank India retail business. Fiscal year 2023 was a breakout year for digital banking platform Axis 2.0 and the early [...]
India's largest software exporter TCS has won the contract for running and maintaining the government procurement portal GeM, Commerce and Industry Minister Piyush Goyal said on Monday. The Government e-Market (GeM) portal was launched on August 9, 2016, by the commerce ministry for online purchases of goods and services by all the central government ministries [...]
Benchmark equity indices Sensex and Nifty advanced in early trade on Tuesday helped by buying in index majors HDFC twins and Infosys amid a mixed trend in Asian markets. The 30-share BSE Sensex climbed 235.52 points to 63,205.52 in early trade. The NSE Nifty advanced 72.4 points to 18,763.60. From the Sensex pack, Tata Steel, [...]
PTC India Financial Services (PFS), a subsidiary of PTC India, has appointed Mahendra Lodha as Director (Finance) and CFO, the company said in a regulatory filing. PTC India Financial Services is a finance company and systematically important non-deposit-taking NBFC. It is an Infrastructure Finance Company, classified by the RBI and listed on the NSE and [...]
IT services and solutions provider Synoptics Technologies on Monday said it has fixed a price of Rs 237 a share for its initial offer sale, which will open on June 30. The initial public offering (IPO) will conclude on July 5. The minimum application size is 600 shares and multiples thereafter. Its shares will be [...]
Construction and hospitality firm PKH Ventures on Monday said it has fixed a price band of Rs 140-148 a share for its initial share sale, which will open for public subscription on June 30. The initial public offering (IPO) will conclude on July 4, the company announced. The public issue comprises a fresh issue of [...]
The Chief Executive Officer of Bharti Airtel's enterprise arm Airtel Business, Ajay Chitkara, has resigned from the company, according to a filing. Following the resignation, Bharti Airtel has restructured leadership in the enterprise arm by dividing it into three segments. "Ajay Chitkara, CEO Airtel Business, has decided to move on from Airtel. He will continue [...]
Benchmark equity indices Sensex and Nifty closed on a mixed note in a volatile trade on Monday amid weak trends in the global markets. Selling in index heavyweight Reliance Industries and Tata Consultancy Services also played a spoilsport. In a lacklustre trading, the 30-share BSE Sensex dipped 9.37 points or 0.01 per cent to settle [...]
