Page 14 of industry news

Vedanta Q4 output: Aluminium production up 4%, iron-ore sees double-digit jump

The company highlighted an 18 per cent increase in alumina production at its Lanjigarh refinery unit in Odisha, reaching 448,000…

Updated: April 4, 2024 15:45 IST

Senior level job roles to see average 20 per cent pay hike on buoyant economic sentiments: Report

According to the Michael Page India Salary Guide 2024, there is a resurgence in hiring within traditional industries, particularly evident…

Updated: April 4, 2024 15:22 IST

Kalpataru Projects, order, T&D business, EPC order, overseas markets

Kalpataru Projects International, arms bag orders worth Rs 2,071 crore

The new orders include orders in the Transmission & Distribution (T&D) business in overseas markets, the statement said.

Updated: March 28, 2024 11:16 IST

Fashion retailer H&M beats expectations in spring recovery

The Swedish group’s shares rose 12% in early trade after it posted an operating profit of 2.08 billion crowns ($196…

Updated: March 27, 2024 15:09 IST

L&T, Larsen and Toubro, Power Transmission & Distribution, order, solar panel, battery energy storage plant, renewable energy, order book

L&T bags multiple orders worth Rs 2,500 crore to Rs 5,000 crore

In a recent development, L&T has secured a notable project to construct the 165-bed Al Namaa General Hospital in Oman,…

Updated: March 27, 2024 13:00 IST

Reliance Power’s two subsidiaries settle Rs 1,023-crore debt

Reliance Power Ltd’s two subsidiaries — Kalai Power Pvt Ltd and Reliance Cleangen Ltd, have signed a debt settlement and…

Updated: March 27, 2024 11:46 IST

Avanse raises Rs 1,000 crore from investors led by Mubadala Investment Company

This round of funding was led by Mubadala Investment Company (Mubadala), the Abu Dhabi-based investment company, with participation from Avendus…

Updated: March 26, 2024 17:00 IST

Adani Group eyes 45 GW renewable energy capacity by 2030

The Adani Green Energy Gallery’ at the Science Museum in London, Gautam Adani said his group’s renewable energy arm, Adani…

Updated: March 26, 2024 12:32 IST

Adam Neumann bids over $500 million to buy back WeWork, source says

It’s not clear how Neumann is planning to line up financing for his bid, the source said, requesting anonymity as…

Updated: March 26, 2024 08:44 IST

Vodafone, Three deal faces in-depth inquiry unless solutions given urgently

The $19 billion deal was announced last year, and if it proceeds, would reduce the number of mobile networks in…

Updated: March 22, 2024 14:42 IST

Hindustan Zinc, JNCASR, MoU, zinc, battery technologies, lithium-ion batteries, sustainable energy

Government rejects Hindustan Zinc’s plan to split company, source says

The Indian government is the largest minority shareholder in Hindustan Zinc, owning a 29.54% stake, but was not consulted by…

Updated: March 22, 2024 13:04 IST

NMDC reduces iron ore lump rate by Rs 200 per tonne; fines by Rs 250 per tonne

The rates of lump ore have been revised to Rs 5,800 per tonne and that of fines to Rs 5,060…

Updated: March 21, 2024 14:40 IST

Unilever to spin off ice cream unit, cut 7,500 jobs for cost savings

The spinoff will begin immediately and is expected to complete by the end of 2025, the London-listed consumer goods group…

Updated: March 19, 2024 15:13 IST

Nykaa has huge lead, edge; to actively defend its turf: Founder & CEO Falguni Nayar

Nayar told PTI in an interview that retail is a “very big segment with space for many” and added that…

Updated: March 19, 2024 14:34 IST

Pfizer to slash stake in Sensodyne toothpaste-maker Haleon to 24%

The offer price per Security in the Global offer will be decided by book building process and is slated to…

Updated: March 19, 2024 08:26 IST

Insurance sector attracted Rs 54,000 crore FDI in last 9 years: Financial Services Secretary Vivek Joshi

The government increased the permissible FDI limit from 26 per cent in 2014 to 49 per cent in 2015 and…

Updated: March 18, 2024 15:33 IST

coal, coal industry, psu, Coal Ministry, industry, industry news

Coal PSUs must plan pithead-based thermal projects: Coal Secy Meena

The plan is that all new thermal projects of Coal India Ltd (CIL) and NLC India Ltd should come up…

March 17, 2024 13:21 IST

OYO to open 50 homestays in Odisha in next one year

The company, which has recently opened 65 homestays in Ayodhya, had stated that it plans to open 400 hotels and…

Updated: March 14, 2024 15:47 IST

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The Big Idea: E-commerce on the move

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Saahil Goel, MD and CEO of Shiprocket, along with his co-founders Gautam Kapoor, Vishesh Khurana, and Akshay Ghulati, started the company in 2012 after realizing the lack of affordable technology, shipping, and payment options for small businesses in India. They have since raised Rs 260 crore in funding and have helped over 100,000 small businesses reach 100 million Indian online shoppers.

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