New Delhi, Apr 11 (PTI) Gujarat has topped Niti Aayog's State Energy and Climate Index-Round 1 (SECI) among larger states, which ranks states and Union territories (UTs) on six parameters, including discoms' performance, energy efficiency and environmental sustainability. Gujarat was followed by Kerala and Punjab, according to the government think tank's report. Chhattisgarh, Madhya Pradesh [...]
Mumbai, Apr 11 (PTI) Godrej Industries Ltd (GIL) on Monday announced the launch of Godrej Capital (GCL), the financial services arm of the group. GCL is the holding entity for Godrej Housing Finance, a housing finance company and Godrej Finance Ltd, which is an NBFC (Non-Banking Financial Company). The Group plans to invest Rs 5,000 [...]
Bhubaneswar, Apr 11 (PTI) JSW Utkal Steel Ltd (JUSL), a wholly-owned subsidiary of JSW Steel Ltd, has got the environmental clearance for setting up a 13.2 MTPA green-field integrated steel plant near Paradip from the union ministry of environment and forest and climate change, a senior official of the company said. The mega crude steel [...]
Mumbai, Apr 11 (PTI) Trading in markets regulated by the Reserve Bank of India (RBI) will start from 9 am onwards from April 18, with the restoration of pre-pandemic trading timings. Currently, the markets open at 10 am. The trading hours for various markets regulated by RBI were changed on April 7, 2020 in the [...]
Mumbai, Apr 11 (PTI) Companies are not able to pass on the pressure from rising input costs to buyers, and this is likely to result in a compression in corporate profit margins for the March quarter, a report said on Monday. Operating profit margins for companies are set to fall by as much as 3 [...]
Mumbai, Maharashtra, India (NewsVoir) Lasa Supergenerics Limited, a vertically integrated group spanning the entire animal and human healthcare value chain has announced its financial results for the fourth quarter and Financial Year ended March 31st, 2022. Q4FY22 performance overview compared with Q3FY22 • Revenues from operations stood at Rs. 51.21 crore as compared to 15.74 [...]
New Delhi, Apr 11 (PTI) State-owned NBCC (India) Ltd has received work orders to protect defence lands, mainly by constructing boundary walls. The work orders have been awarded to the company by the Directorate General Defence Estates (DGDE), according to a company statement on Monday. A Memorandum of Understanding (MoU) was signed between Satyam Mohan, [...]
New Delhi, Apr 11 (PTI) Microfinance lender CreditAccess Grameen on Monday said its total disbursements in March 2022 rose 25 per cent to Rs 2,257 crore.The company's disbursements were of Rs 1,806 crore in the year-ago same month. In February 2022, CA Grameen had disbursed Rs 1,746 crore worth loans.The gross loan portfolio grew 22.2 [...]
Mumbai, Apr 11 (PTI) German premium carmaker Mercedes-Benz has extended its service programme 'Premiere Express Prime' to a total of 11 cities and 25 franchise partner locations (FPLs) in the country, the company said on Monday. The company has also extended its 'Fast Lane Body and Paint Repairs' service programme to 22 FPLs. The 11 [...]
The YFI Conclave, an annual event by SBI Youth for India brings together various stakeholders of the SBI Youth for India fellowship to exchange ideas and collaborate toward the upliftment of rural communities New Delhi, Delhi, India (NewsVoir) SBI Youth for India fellowship is a 13-month rural development initiative by SBI Foundation that allows urban [...]
India has banned the import of certain defence equipment in order to boost local manufacturing. As a result, analysts expect that defence stocks like Hindustan Aeronautics Ltd., Bharat Electronics Ltd., Larsen & Toubro Ltd. and others will benefit. The Indian government released its "third positive indigenisation list" of 101 items on Thursday, which comprises highly [...]
New Delhi, Apr 11 (PTI) Credit rating agency ICRA on Monday said it expects the outlook for commercial real estate segment to remain stable during the current fiscal year. "ICRA expects the outlook of commercial real estate, both of the office segment and the retail malls segment to be stable for FY2023. The revision in [...]
New Delhi, Apr 11 (PTI) Swiss tech major Garmin recorded a double-digit growth in revenues from India in 2021, helped by rising sales of wearables. The company did not share the exact numbers. The business growth last year was backed by its fitness and wellness segment, according to a statement from Garmin India, a unit [...]
New Delhi, Apr 11 (PTI) Shares of Veranda Learning Solutions Ltd made a mixed debut on the exchanges on Monday, where it settled with 17 per cent premium on BSE against the issue price of Rs 137. In contrast, on the NSE, it ended at Rs 131.25 apiece, lower by 4.19 per cent. Earlier in [...]
In an unexpected turn of events, Elon Musk, the world's richest man and the biggest shareholder of Twitter, has decided not to join the board of the micro-blogging platform. The decision of Musk -- who has made a raft of suggestions in recent days for Twitter, even wondering whether its headquarters should be turned into [...]
Mumbai, Apr 11 (PTI) India's domestic air passenger traffic is estimated to have grown by around 59 per cent year-on-year to 84 million in FY22, although it is still about 40 per cent lower as compared to the pre-pandemic level, credit ratings agency Icra said on Monday. It also expects elevated Aviation Turbine Fuel [...]
Mumbai, Apr 11 (PTI) A private equity fund manager sponsored by the Oman Investment Authority and State Bank of India on Monday said it has invested Rs 75 crore in Kolkata-based jewellery retailer Senco Gold. The investment of Rs 75 crore by Oman India Joint Investment Fund II (OIJIF II) will be through equity for [...]
New Delhi, Apr 11 (PTI) India Yamaha Motor (IYM) Pvt Ltd on Monday launched an anniversary edition of its flagship 155cc supersport motorcycle YZF-R15M priced at Rs 1.88 lakh (ex-showroom, Delhi).The company also announced the launch of a new version of its popular MT-15 bike model with a price starting at Rs 1.6 lakh (ex-Showroom, [...]
New Delhi, Delhi, India (NewsVoir) Solis Yanmar is one of the world’s leading tractor brands that delivers pioneering technologies for supreme customer satisfaction and remains synonymous with toughness, durability as well as performance. Following an extraordinary approach to ensure ‘Future is now’ for farmers, Solis Yanmar has proudly achieved a historical milestone of 13,000th tractor [...]
