Page 170 of industry

Red Sea crisis has added to pricing pressure: Adani Wilmar CEO

What we need to understand is that India can produce only certain types of oil seeds.

February 10, 2024 04:30 IST

rbi, reserve bank of india, nbfc, banking, industry

Uncharacteristic of NBFCs to seek bank licences: RBI DG

Rao told NBFCs to be mindful of their underwriting practices and risks emerging from lending concentrated in one segment.

February 10, 2024 04:00 IST

opec, international energy agency, iea, russia, china, india, Organisation of Petroleum Exporting Countries

Diverse sourcing a risk to India’s energy security: IEA Markets Head

OPEC and Russia had earlier capped their production amid demand destruction from the world’s top cosnumers, the US and China.

February 10, 2024 03:00 IST

fintech, finance startups, fintech startups, startups, industry

Govt meets fintechs, banks to tackle cyber frauds

The meeting, which was a follow-up on the November 28 meeting, focused on assessing the preparedness of banks and financial…

February 10, 2024 02:15 IST

Blinkit’s GOV is expected to grow 19.8% in Q4

Blinkit will outpace Zomato’s food delivery business: Analysts

Brokerage firm, Nomura expects Blinkit’s gross order value to be higher than that of the food delivery business by FY28…

February 10, 2024 02:00 IST

hotel industry, hospitality industry, RevPAR growth, ARR growth, occupancy, expansion, new hotel signings, room addition, business travel, leisure travel

Indian Hotels to nearly double capex spend in FY25

While the Tata group company historically incurred capex spends between 4% to 5% of its annual revenue (FY23 revenue stood…

February 10, 2024 01:45 IST

licious, frozen meat licious, licious meat products, licious layoff

Licious lays off 3% of its workforce

The company said in a statement that the layoffs would be made in one go and won’t be undertaken in…

February 10, 2024 01:30 IST

Tech Mahindra Q1 Results 2024: The results will be declared on July 25.

New MD and CEO Mohit Joshi starts on a positive note at Tech Mahindra; goes the Infosys way to create centralised delivery

Joshi is currently in the process of defining his long-term strategy and the company is now focused on three tracks…

February 10, 2024 01:15 IST

semiconductors, semiconductor chips, semiconductor fabs, economy

Govt may clear select chip projects before poll dates are announced

Currently four proposals for setting up semiconductor fabrication units and thirteen for setting up compound semiconductor fabs and assembly, testing,…

February 10, 2024 01:00 IST

omc, cpse, Central Public Sector Enterprises, oil cmpanies, industry

OMCs drag CPSEs down in FY23, net fall 15%; dividend payouts by state-run firms remain strong

Of the Rs 38,000 crore annual decline in aggregate CPSE net profits, almost all was attributable to the inability of…

February 10, 2024 00:45 IST

LeverageEdu’s revenue, losses surge

Employee benefits emerged as the largest expenditure, constituting 38% of the total costs and witnessing an over two-fold increase to…

February 10, 2024 00:30 IST

telecom companies, telecos, telecos agr, industry news

Telcos’ AGR up 2% QoQ in July-September quarter

AGR is the revenue based on which the telcos pay license fee and spectrum usage charges (SUC) to the government.

February 10, 2024 00:15 IST

ongc, ongc andaman digging, andaman wells, ongc digging

ONGC to start drilling Andaman wells in May

The identified blocks in the Andaman are expected to contain large reserves of hydrocarbons and the company is confident of…

February 10, 2024 00:05 IST

dish tv, dish tv quarterly results, dish tv results, industry news

Dish TV India Q3 net loss narrows marginally to Rs 2.83 crore

Consolidated revenue from operations during the quarter under review stood at Rs 470.27 crore as against Rs 552.09 crore in…

February 9, 2024 19:06 IST

nirma, glenmark life sciences, glenmark-nirma deal, industry

Nirma Rs 1,343 crore open offer to buy more stake in Glenmark Life Sciences to start on Feb 15

The development follows Nirma’s deal to acquire 75 per cent stake in Glenmark Life Sciences for Rs 5,651.5 crore agreed…

February 9, 2024 18:57 IST

airtel payments bank, airtel, airtel payments, fastag, paytm

Airtel Payments Bank sees spike in new customers applying for bank accounts, FASTag

Airtel Payments Bank said it continued to witness a strong growth trajectory in the December 2023 quarter with revenues at…

February 9, 2024 18:17 IST

tata power, tata power q3 results, tata, tata group, industry news

Tata Power posts marginal growth in Q3 profit

The company posted a growth of 4% in its revenue from operations at Rs 14,651 crore in Q3FY24 compared with…

Updated: February 9, 2024 19:37 IST

carbon tax, european union, eu, industry

House panel asks govt to seek carbon tax deferment

CBAM entered into a reporting phase from October 1 last year where exporters of seven products including steel, aluminium, cement…

February 9, 2024 02:00 IST

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