New Delhi, May 2 (PTI) Jindal Stainless Ltd (JSL) on Monday posted a 156 per cent jump in consolidated net profit at Rs 749.88 crore for the March quarter, mainly on account of higher income. In the year-ago quarter, its net profit stood at Rs 292.61 crore, the company said in a regulatory filing. Total [...]
New Delhi, May 2 (PTI) Ayana Renewable Power and Greenstat Hydrogen India have collaborated for the development of green hydrogen projects powered by renewable energy in India. The first pilot project will come up in Karnataka. "National Investment and Infrastructure Fund (NIIF) backed Ayana Renewable Power (Ayana) and Norway-based Greenstat ASA’s subsidiary Greenstat Hydrogen India, [...]
New Delhi, May 2 (PTI) The early arrival of summer and the subsequent heat wave have led to soaring demand for residential air conditioners, with manufacturers such as Voltas, Panasonic, Hitachi, LG and Haier posting record growth sales in April. The sales have also been boosted by pent-up demand and a low base of April [...]
India presents fabulous investment opportunities in the clean energy sector - Mr. Tulsi Tanti - Chairman, Indian Wind Turbine Manufacturers Association (IWTMA) New Delhi, Delhi, India (NewsVoir) High on the pioneering clean energy initiative undertaken by Prime Minister Narendra Modi, which aims to make India the frontline nation globally in clean energy generation, the Indian [...]
HDFC ERGO launches an innovative motor insurance policy under the ‘Sandbox’ program of IRDAI Mumbai, Maharashtra, India (NewsVoir) • ‘Pay as you drive’ offers distance-based insurance under the own damage section to reduce the upfront insurance costs • The offering has been extended as a pilot with Maruti Suzuki India Limited to its customers buying [...]
Suzuki Motorcycle India on Monday reported sales of 71,987 units in April, a dip of 8 per cent from 77,849 units sold in the same month last year. The company said its domestic sales last month stood at 54,327 units, while exports were at 17,660 units. "Two-wheeler industry continues to navigate through the challenges thrown [...]
Shares of Bajaj Auto Ltd on Monday fell by nearly 3 per cent after the company reported a 20 per cent decline in total sales in April. The stock went lower by 2.75 per cent to settle at Rs 3,624.50 apiece on the BSE. During the day, it tumbled 3.18 per cent to Rs 3,608.30. [...]
Edible oil major Adani Wilmar on Monday reported a 26 per cent decline in consolidated net profit at Rs 234.29 crore for the quarter ended March on higher tax expenses. The company had posted a net profit of Rs 315 crore in the year-ago period. In a regulatory filing, Adani Wilmar reported that its total [...]
India's gold jewellery demand is likely to grow steadily at 11 per cent during the current financial year due to strong retail performance last year, according to a report. Within the jewellery retail industry, revenues of organised retailers are likely to grow at a higher pace of 14 per cent, backed by their aggressive store [...]
New Delhi, May 2 (PTI) The Centre for Development of Telematics (C-DOT) and the Centre for Development of Advanced Computing (C-DAC) have signed a pact for cooperation in the diverse areas of Telecom and ICT, to spur indigenous technological design and development, according to an official release. The Memorandum of Understanding (MoU) between the two [...]
On Monday, the Indian Stock Market closed lower with Sensex down by −84.88 pts (-0.15%) and traded at closing points of 56,975.99. On the other hand, Nifty 50 closed at 17,069.10 and down by −33.45 pts (-0.20%). NSE’s benchmark index has given a negative return of -5.45% in the last one month. As markets are [...]
Mumbai, May 2 (PTI) Equities remained under pressure for the second session running on Monday as investors stayed on the sidelines ahead of a crucial meeting of the US Federal Reserve this week where it is expected to go for an aggressive rate hike to tame runaway inflation. A weak rupee and persistent foreign fund [...]
Avani Institute of Design in collaboration with Design Future Foundation (DFF), USA, and DEZACT, London is curating an online design workshop, ‘MetaPlay’ which investigates the potential of using emerging technologies such as parametric design and modeling tools and Augmented Reality/Virtual Reality tools to explore and rethink about built environment design using digital media. This six-day [...]
JAIPUR, India, May 2, 2022 /PRNewswire/ -- Raniwala 1881, based in the heart of the pink city - Jaipur is the connoisseur of the bridal jewellery of Rajasthan. The brand is known for infusing imagination and creativity in every single piece that it curates while remaining strongly rooted in its history and heritage. It takes [...]
Hosur, Tamil Nadu, India (NewsVoir) TVS Motor Company sales grew by 24 percent from 238,983 units in the month of April 2021 to 295,308 units in April 2022. Two-Wheeler Total two-wheelers sales grew by 24 percent, from 226,193 units in April 2021 to 280,022 units in April 2022. Domestic two-wheeler sales grew by 37 percent, [...]
Lucknow, Uttar Pradesh, India (NewsVoir) • Over Five lakh students will participate in the drive • Approx. 1500-2000 tons of dry waste will be collected and prevented from ending up in an unprocessed form in landfills • Hon’ble Kaushal Kishore, Minister of State, Ministry of Housing and Urban Affairs, Govt. of India was the Chief [...]
Berlin, May 2 (PTI) External Affairs Minister S Jaishankar met his German counterpart Annalena Baerbock on Monday and the two leaders reviewed the bilateral cooperation and discussed the Russia-Ukraine conflict and the Indo-Pacific. Jaishankar, who is here as part of Prime Minister Narendra Modi’s delegation, said that he had “good conversation” with Minister for Foreign [...]
CG Power and Industrial Solutions on Monday reported 89 per cent fall in consolidated net profit at Rs 111.65 crore for the quarter ended March 2022. In the year-ago quarter, the net profit was at Rs 992.89 crore, it said in a regulatory filing. Total income in January-March 2022 was at Rs 1,514.84 crore as [...]
