New Delhi, May 3 (PTI) Adani Transmission Ltd on Tuesday said it received shareholders' approval for issuance of 1.56 crore shares worth around Rs 3,850 crore on a preferential basis to Green Transmission Investment Holding RSC Ltd. At present, IHC Capital Holding LLC is the principal shareholder of Green Transmission Investment Holding RSC Ltd. At [...]
Copenhagen, May 3 (PTI) Prime Minister Narendra Modi on Tuesday met his Danish counterpart Mette Frederiksen here and the two leaders reviewed progress of the India-Denmark Green Strategic Partnership and also exchanged views on regional and global issues. As a special gesture, Frederiksen received Modi at the airport. He arrived here from Germany. Modi was [...]
Kolkata, May 3 (PTI) Jewellers of Kolkata are happy on the auspicious day of Akshaya Tritiya to witness a footfall jump of 30-40 per cent compared to normal days as soaring inflation, the Ukraine crisis, besides religious sentiments, influenced people to purchase gold and bullion as assets. Shops this year ordered calendars and sweetmeats for [...]
Panaji, May 3 (PTI) Three labourers died in a blast in an under-maintenance ammonia tank at a plant of Zuari Agro Chemicals Ltd (ZACL) in Vasco town in south Goa on Tuesday afternoon, company sources said.Chief Minister Pramod Sawant tweeted “It is very unfortunate to hear about the tragic death of three labourers in a [...]
Copenhagen, May 3 (PTI) Prime Minister Narendra Modi on Tuesday invited Danish companies and pension funds to invest in India's infrastructure sector and green industries. Addressing media after his talks with Danish counterpart Mette Frederiksen, Modi said that over 200 Danish companies are already present in India and benefiting from the 'ease of doing business' [...]
New Delhi, May 3 (PTI) JSW Energy on Tuesday posted an over eight-fold jump in consolidated net profit to an all-time high of Rs 864 crore in the quarter ended March, mainly on the back of higher revenues. The company had posted a consolidated net profit of Rs 107 crore in the year-ago period, it [...]
Copenhagen, May 3 (PTI) Prime Minister Narendra Modi on Tuesday appealed for an immediate ceasefire in Ukraine and return to the path of dialogue and diplomacy to resolve the crisis, even as his Danish counterpart Mette Frederiksen hoped that India will use its influence over Russia to end the war. The two leaders discussed the [...]
New Delhi, May 3 (PTI) Network18 Media & Investments Ltd on Tuesday reported a 2 per cent increase in its consolidated net profit at Rs 209.93 crore for the fourth quarter ended March 2022. The company had posted a net profit of Rs 205.80 crore during the same quarter a year ago, Network18 Media & [...]
Mumbai, May 3 (PTI) Affordable housing finance companies' (AHFCs) loan book is likely to expand by 17-20 per cent in the current financial year, supported by the government's higher focus on housing and a favourable tax regime, says a report. As on December 31, 2021, the total loan book of AHFCs stood at Rs 66,221 [...]
New Delhi, May 3 (PTI) Serum Institute of India's coronavirus vaccine Covovax is now available for children across the country, company CEO Adar Poonawalla said on Tuesday. In a post on Twitter, he said Covovax, which has been developed by Novavax, "is now available for children in India". He further said, "This is the only [...]
New Delhi, May 3 (PTI) Adani Green Energy Ltd (AGEL) has received the approval of shareholders for the issuance of over two crore shares worth around Rs 3,850 crore on a preferential basis to Green Energy Investment Holding RSC Ltd. The current principal shareholder of Green Energy Investment Holding RSC Ltd is IHC Capital Holding [...]
Kolkata, May 3 (PTI) Economists on Tuesday are not convinced about the latest monthly unemployment data released by the Centre for Monitoring India Economy (CMIE), particularly about the statistics of the rural areas.They asserted that it is difficult to get the real picture of unemployment from the methodology used by the CMIE to get the [...]
Colombo, May 3 (PTI) The Sri Lankan government on Tuesday announced that it will provide cash allowances ranging between Rs 3,000 and Rs 7,500 to low income families "severely affected" by the current economic crisis in the country. The decision was taken in a Cabinet meeting held on Monday. World Bank assistance would be used [...]
New Delhi, May 3 (PTI) GE T&D India on Tuesday said its director Rajendra Sheshadri Iyer has resigned from its board with effect from May 2, 2022. "Rajendra Sheshadri Iyer, Director of the Company has resigned from the Board of Directors of the Company w.e.f. May 2, 2022, since he has given notice of his [...]
New Delhi, May 3 (PTI) Expressing concerns over telecom regulator Trai's recommendations on spectrum auction, satellite communications industry body SIA has written to the government urging it to align the radiowaves allocation policy with Europe and over 120 countries. Satcom Industry Association (SIA), in a letter to Telecom Minister Ashwani Vaishnaw, expressed serious concerns on [...]
New Delhi, May 3 (PTI) Software-as-a-service startup Toplyne on Tuesday said it raised USD 15 million (about Rs 115 crore) in a funding round led by Tiger Global and Sequoia Capital India. Existing investors Together Fund, Sequoia India's Surge and angel investors from Canva, Vercel and Zoominfo also participated in the funding round. The company [...]
Thiruvananthapuram, May 3 (PTI) After Kerala-based fintech firm 'Open Financial Technologies' became India's 100th unicorn, Chief Minister Pinarayi Vijayan said it was a proud day for the state's startup ecosystem. The startup, which is supported by the state government's Kerala Startup Mission (KSUM), has raised USD 50 million from Mumbai-headquartered IIFL Finance in its Series [...]
Bengaluru, Karnataka, India – Business Wire India A fully integrated real estate company, BHADRA Group has launched its iconic boutique luxury project ‘BHADRA LANDMARK – Haudin Road’. Located in the middle of the beautiful Bengaluru’s Central Business District (CBD) area, the project is exemplary in many ways. Speaking on the launch, Mr. SARVESHAA SB, Managing [...]
When we invest in the stock market, there are so many stock market questions that we want answers for. But, if there is one thing that you will need to know when you invest in the stock market - that would be - that change is the only constant. That is how the market works. [...]
