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Page 46 of industry news

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IT sector, IT growth, Icra, Europe, Indian IT services, top news, business news, latest news,
IT sector growth to inch up to 6 per cent in FY25, hiring to be moderate for 3 qtrs: Icra

The slower growth will have an impact on the hiring plans, the agency said, adding that staff addition will continue…

December 4, 2023 21:00 IST
SpiceJet
NCLT rejects insolvency plea against SpiceJet by aircraft lessor Willis Lease

A two-member Delhi-based NCLT bench rejected the plea moved by US-based Willis Lease Finance Corporation after SpiceJet questioned the maintainability…

December 4, 2023 20:29 IST
funding, investment, startup, NRI investment, returns, social impact, market fluctuations, Pre-IPOs, SMEs, unicorns, angel investors, venture capital funds, direct investment, taxation
ReNew inks initial pact with Asian Development Bank for USD 5.3 bn funding

The initial pact covers lending of more than USD 5.3 billion between 2023 and 2028, it informed.

December 4, 2023 17:59 IST
Sony
Sony India posts 32 per cent rise in profit to Rs 136.7 crore in FY23

Sony India, a wholly owned subsidiary of Japan’s tech major Sony Corporation.

December 4, 2023 16:42 IST
Coal India, Pralhad Joshi, Rajya Sabha, latest news, business news, top news,
CIL initiates actions to fulfil all resources required to achieve 1 billion tonnes annual production target

Coal India accounts for over 80 per cent of domestic coal output. From April 2020 to October 15, 2023.

December 4, 2023 16:19 IST
ONGC, Krishna Godavari basin, Oil and Natural Gas Corporation (ONGC), Minister of State for Petroleum and Natural Gas, latest new, top news, business news,
ONGC to start commercial oil production from KG block in May 2024, says Rameswar Teli

Minister of State for Petroleum and Natural Gas Rameswar Teli said ONGC’s KG basin project, KG-DWN-98/2, is in “challenging geology”.

Updated: December 4, 2023 16:03 IST
Industry news, infra news, infra spending, financial express news
Corporate order book grows as govt spends big on infra

Private sector capex not yet broad-based

December 4, 2023 02:30 IST
Credgenics, Fintech startups, Fintech startup in India, Fintech startup news, Credgenics news, Credgenics India
Fintech startup Credgenics eyes profitability in FY24

The company also plans to more than double to its topline in FY24 to Rs 200-250 crore, from over Rs…

December 4, 2023 01:30 IST
FMCG sales, FMCG sales news, FMCG, FMCG news, India FMCG
Kiranas grapple with poor FMCG sales amid weak demand

Kiranas are a vital distribution channel for FMCG companies which constitute 80% of their business.

December 4, 2023 01:20 IST
Vendanta
‘We will double manufacturing revenue to Rs 12,000-crore in 2 years’

In RE and transmission, Vedanta plans to invest $1-2 bn each every year

Updated: December 4, 2023 13:56 IST
investment, China India, Investment from China, India China relations
Free flow of investments from China despite 2020 fiat

Since the putting curbs on investments from countries sharing land border via PN3, investments from China have been impacted the…

December 4, 2023 00:15 IST
Indian Oil Corporation, IOC Q3 results, quarter earnings, profit, revenue, EBITDA, oil & gas sector
IOC raises Panipat refinery expansion cost by 10 per cent, pushes completion deadline by a year

Indian Oil Corporation (IOC), the nation’s top oil firm, has revised the estimates of cost of expanding the Panipat refinery…

December 3, 2023 17:12 IST
Wipro news, Wipro investment, Wipro Consumer Care-Ventures, Wipro latest news
Rs 250-crore startup fund by Wipro arm

Its first venture capital fund, which had a corpus of Rs 200 crore, was launched about four years ago and…

December 3, 2023 05:15 IST
NCLAT, DHFL news, NCLAT DHFL, Dewan Housing Finance Corporation
NCLAT upholds NFRA orders against DHFL branch auditors

The orders were issued in April 2023 following investigations into their professional misconduct.

December 3, 2023 02:00 IST
Coal, commercial mines, top news, business news, latest news, commercial coal mines,
Coal output from captive, commercial mines rises 37 per cent to 11.9 MT in Nov

Coal, commercial mines, top news, business news, latest news, commercial coal mines,

December 2, 2023 14:34 IST
Bharti Airtel, Bharti Airtel Q3 results, quarter earnings, profit, revenue, EBITDA, ARPU, Mobile services, home services, digital TV revenue
Bharti Telecom buys 1.35 per cent stake in Bharti Airtel for Rs 8,301 crore

According to the block deal data available with the National Stock Exchange (NSE), Bharti Telecom purchased more than 8.11 crore…

December 2, 2023 10:05 IST
HUL, HUL splits business, HUL news, Hindustan Unilever, Hindustan Unilever news
HUL splits beauty and personal care business

Harman Dhillon would lead the beauty and well-being division, and Kartik Chandrasekhar would lead the personal care business.

December 2, 2023 05:50 IST
Raymond, Raymond group, raymond news, industry news
The ‘trust’ factor in promoter family feuds

The very public rift has thus brought the issue of ring-fencing a business from the adverse fallout of a marital…

Updated: December 2, 2023 10:57 IST
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66 dead, 6.5 lakh affected: What made Assam’s floods so devastating?
66 dead, 6.5 lakh affected: What made Assam’s floods so devastating?
India News1 min ago

Assam is experiencing severe floods, resulting in 66 deaths and over 6.54 lakh people affected across 10 districts. The state has set up 90 relief camps and 184 relief centres, providing shelter to 18,902 people. The floods have caused significant damage to agriculture and infrastructure, with many villages submerged and roads destroyed.

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