BEL bags fresh batch of orders worth Rs 531 crore
Bengaluru, Jan 28 (IANS) Navratna Defence Public Sector Undertaking Bharat Electronics Limited (BEL) has secured additional orders worth Rs 531 crore over the last two weeks, the company said in a statement on Tuesday. Major orders include advanced Composite Communication System for ship, Communication equipment, Medical Electronics, Electro Optics, Active Radar Homing Head for missiles, […]
BHEL’s net profit more than doubles in Oct-Dec quarter
New Delhi, Jan 28 (IANS) Government-owned Bharat Heavy Electricals Ltd (BHEL) on Tuesday reported a more than twofold jump in consolidated net profit at Rs 135 crore for the October-December quarter of the current financial year, according to a regulatory filing by the company. The company had posted a net profit of Rs 60.31 crore […]
Budget 2025-26: Income tax payers want FM Sitharaman to cut rates
New Delhi, Jan 26 (IANS) A pre-budget survey reveals that individual taxpayers want relief on the personal tax front to increase their disposable income in Budget 2025-26 to be presented in Parliament by Finance Minister Nirmala Sitharaman on February 1. A majority of respondents, 57 per cent, want lower tax rates, while 25 per cent […]
2 new IPOs to hit market next week, six listings awaited
Mumbai, Jan 25 (IANS) Two new initial public offerings (IPOs) will open for investors next week — one mainboard and the other an SME public issue. Among the upcoming public offerings, Dr Agarwal’s Healthcare will launch its IPO in the mainline segment on January 29 and will remain open until January 31. The IPO of […]
India’s strategic advantage in GCCs highlighted at WEF 2025
Davos, Jan 22 (IANS) India’s strategic advantage in Global Capability Centres (GCCs) was highlighted at a session organised by the Confederation of Indian Industry as part of the brainstorming at the WEF meet here on Wednesday. Nadir Godrej, Chairman & Managing Director, Godrej Industries Ltd, said, “India’s strong startup ecology is an opportunity for collaboration. […]
Assam can house an automobile manufacturing ecosystem: CM Sarma
Guwahati, Jan 20 (IANS) Assam Chief Minister Himanta Biswa Sarma on Monday said that his state is now prepared for becoming an ecosystem of automobile manufacturing ecosystem that can transform the entire northeast. Sarma is on a visit to the South Korean capital Seoul to showcase Assam’s strength to come up as a potential destination […]
Wipro’s Q3 net profit rises 4.5 pc to Rs 3,254 crore
Bengaluru, Jan 17 (IANS) IT software major Wipro Ltd reported a 4.5 per cent sequential increase in consolidated net profit to Rs 3,354 crore for the October-December quarter of the current financial year compared to the preceding quarter. The company has declared an interim dividend of Rs 6 per share. The total revenue of the […]
IREDA finalises pact for joint venture to set up 900 MW hydroelectric project in Nepal
New Delhi, Jan 17 (IANS) The Indian Renewable Energy Development Agency Ltd. (IREDA) on Thursday finalised a joint venture agreement with SJVN Ltd., GMR Energy Ltd., and Nepal Electricity Authority (NEA) for the development of the 900 MW Upper Karnali Hydroelectric Project in Nepal as part of a strategic initiative aimed to strengthen regional energy […]
Adani Group’s copper arm joins Washington-based International Copper Association
Washington, Jan 16 (IANS) Kutch Copper Ltd, an Adani Group company, has joined the International Copper Association (ICA) as its newest member. Headquartered in Washington DC, ICA is a not-for-profit trade association representing half the world’s copper production, with 33 members across six continents. Strategically located in Mundra on the Gujarat coast, Kutch Copper is […]
Cote d’Ivoire increases oil, gas output with Baleine Phase 2
Abidjan, Jan 16 (IANS) Cote d’Ivoire’s oil and gas production is expected to rise to a total of 75,000 to 85,000 barrels per day of crude oil from the current output of 30,000 barrels per day following the “successful” start of production in phase 2 of the Baleine field, the government said. “The cumulative production […]
