The shares of visa processing service providers hit the upper circuit after the company’s board of directors announced the right issue. On Tuesday’s early trade, Du Digital Global Ltd shares hit the upper circuit of Rs 51.95 apiece, up around 4.95 percent a share on the National Stock Exchange, and the company has a market [...]
India successfully launched the Chandrayaan-3 mission to the moon on July 14, 2023. Chandrayaan-3’s lander module is expected to attempt soft landing on the moon on August 23, 2023. This landing involves the hard work of the Indian Space Research Organisation (ISRO) and many companies which are listed on the stock exchanges Here are a [...]
The profit margin is the amount of money left over after subtracting all expenditures. It is a percentage that indicates how profitable the company's pricing strategy is, how effectively the organization can control expenses, and how efficiently it uses raw resources to produce products or services. The net profit margin is the amount of profit [...]
A majority (80 per cent) of small and medium enterprises in the country believe the government funding is key to unlocking digitalisation in the future, according to a study by Gartner-acquired software selection platform Capterra. The 'State of Digitalisation in India survey: Major barriers and role of government' report is based on responses collected from [...]
Diversified group L&T on Monday said it has secured a "significant" order from Perdaman Chemicals & Fertilisers to build a 2.3 million tonne urea plant in Australia. On completion, this facility will be the largest urea plant in Australia and one of the largest in the world, the company said. Without disclosing the deal value, [...]
State-owned hydro power giant NHPC has inked an initial pact with RITES to construct railway siding for a 2,880 MW Dibang multipurpose project in Arunachal Pradesh. "NHPC signed an MoU with RITES for Construction of Railway Siding at Pasighat (Arunachal Pradesh) for NHPC’s 2,880 MW Dibang Multi Purpose Project at NHPC Corporate Office on 21st [...]
The value of foreign portfolio investors' holdings in domestic equities reached USD 626 billion in the three months ended June 2023, which was 20 per cent higher from the year-ago period, according to a Morningstar report. This could be attributed to good performance in the domestic equity markets as well as strong net inflows from [...]
Global integrated logistics operator Maersk on Monday said it is planning to add more than 300 electric vehicles to its fleet in India by October. Maersk has already deployed over 200 Electric Vehicles (EVs) across 15 cities in the country, and is planning to expand to another 11 cities, taking its overall EV fleet to [...]
Amidst a digital renaissance, India's crypto landscape is undergoing a profound transformation, catalyzed by a wave of groundbreaking blockchain projects. These projects epitomize the nation's ability to embrace innovation and redefine traditional paradigms. Join us as we delve into the heart of India's crypto renaissance, exploring the top projects that are shaping the nation's technological [...]
Chennai-based Casagrand on Monday said it plans to invest Rs 8,000 crore to develop realty projects in Maharashtra over the next three years. The company said it plans to develop 20 million square feet in Mumbai and Pune as part of its expansion plan. It, however, did not share any specific detail on the plans. [...]
