Prasanna Kumar Motupalli was on Thursday appointed as Chairman and Managing Director (CMD) of the state-run NLC India Ltd (NLCIL), a Personnel Ministry order said. The Appointments Committee of the Cabinet has approved Motupalli's appointment till the date of his superannuation that is June 30, 2026, it said. Motupalli, Executive Director of NTPC Ltd, is [...]
Corporate India is indicating cautious hiring in the March quarter of 2023 as concerns rise over possible recession and steady inflation, a survey said on Thursday. According to the ManpowerGroup Employment Outlook Survey, based on interviews with nearly 3,030 public and private employers, hiring intentions will decrease in the quarter both on year-on-year and quarter-on-quarter [...]
Microsoft Chairman and CEO Satya Nadella, who is on a four-day visit to India, met Prime Minister Narendra Modi, and pledged the company's support in helping the country realise the Digital India vision. The Microsoft top honcho described his meeting with the PM as "insightful", and lauded the government's deep focus on sustainable and inclusive [...]
Hindustan Petroleum Corporation Limited (HPCL), a Maharatna oil marketing company, has signed a Memorandum of Understanding with “NTPC Green Energy Ltd, the green energy arm of NTPC Limited, for Renewable Energy Business and Green Power for HPCL Refineries and other Business Units. According to the BSE Filing, The MOU envisages cooperation and collaboration in the [...]
The shares of the tyre manufacturer, TVS Srichakra Limited, opened at Rs 3,250 levels and gained as much as 10 per cent in the early hours to reach a new 52-week high of Rs 3,644. The stock rallied Automotive Tyre Manufacturers Association said that the tyre industry is set to boom in the coming years. [...]
The shares of Engineers India Ltd gained 7.73% on Thursday’s early trades to reach an intraday high of ₹ 85.00 apiece on the National Stock Exchange (NSE). Its shares were trading at ₹ 84.40 apiece at 11:33 AM on Thursday. It was one of the biggest gainers in the ‘A’ Group after volumes jumped at [...]
The All India Gem and Jewellery Domestic Council (GJC) on Thursday said its members have elected Saiyam Mehra as Chairman and Rajesh Rokde as Vice Chairman of the industry body for a period of two years (2023-24). GJC represents over 6,00,000 industry players comprising manufacturers, wholesalers, retailers, distributors, laboratories, gemologists, designers and allied services providers. [...]
State-owned BSNL will start 5G services in 2024, Union Telecom Minister Ashwini Vaishnaw said on Thursday. BSNL has shortlisted a TCS and C-DOT led consortium for rolling out 4G network, which will be upgraded to 5G in about a year of placing the order under the contract. "BSNL will start 5G services in 2024," Vaishnaw [...]
The Biden administration has proposed a massive hike in immigration fees, including the much sought-after H-1B visas for high-skilled foreign workers which is very popular among Indian tech professionals. Under the proposed rule, published by the US Citizenship and Immigration Services (USCIS) on Wednesday, the application for the H-1B visa increases from USD 460 to [...]
The shares of Bajaj Finance Limited opened at Rs 6,490 and tumbled by more than 7 percent to reach an intra-day low of Rs 6,025.05. The shares tanked despite the company marking the highest loans booked in a quarter at 7.8 MM compared to 7.4 MM in Q3 FY22. The company’s assets under management grew [...]
