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Adani Power commences supply to Bangladesh from Godda plant in Jharkhand

Supply was to start in March. However, Bangladesh Power Development Board had sought relief from rising imported coal prices. Unit will source coal from Adani-owned Carmichael mine in Australia

Adani Power commences supply to Bangladesh from Godda plant in Jharkhand
Updated On : 09 Apr 2023 | 11:08 PM IST

Unfazed by competition from RIL, expect broad-based growth in FY24: GCPL

Godrej Consumer Products Ltd is unfazed by the prospect of competition from Reliance's entry into the FMCG sector, having seen multiple disruptions

Unfazed by competition from RIL, expect broad-based growth in FY24: GCPL
Updated On : 09 Apr 2023 | 10:51 PM IST

Amul expects 20% revenue growth to Rs 66,000 cr in FY24; no rate hike plans

GCMMF, which sells dairy products under the Amul brand, is expecting 20 per cent growth in its revenue this fiscal to around Rs 66,000 crore on rising demand, its MD Jayen Mehta said

Amul expects 20% revenue growth to Rs 66,000 cr in FY24; no rate hike plans
Updated On : 09 Apr 2023 | 10:49 PM IST

Maruti eyes doubling SUV sales in FY24; aims top position with 25% share

The country's largest car maker Maruti Suzuki India aims to more than double its SUV sales this year and take the leadership position in the fast-growing segment with a market share of over 25%

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Updated On : 09 Apr 2023 | 10:47 PM IST

LTIMindtree delays onboarding and extends training for assessment

Move will impact 600-700; letter says freshers have no other option but to accept the programme

LTIMindtree delays onboarding and extends training for assessment
Updated On : 09 Apr 2023 | 10:39 PM IST

L&T is lowest bidder for New Delhi station revamp with Rs 8,740 cr offer

Infra major was in the fray with Shapoorji Pallonji for largest station upgrade project; its submission is over Rs 3,000 crore beyond the Centre's estimate

L&T is lowest bidder for New Delhi station revamp with Rs 8,740 cr offer
Updated On : 09 Apr 2023 | 10:33 PM IST

CMS Info Systems aims 3 times revenue of Rs 5,000-crore by FY30

It is looking to start new business lines like collection and recover services

CMS Info Systems aims 3 times revenue of Rs 5,000-crore by FY30
Updated On : 09 Apr 2023 | 8:17 PM IST

SBI Foundation commits Rs 3 mn grant to eight select social ventures

Four top winning ideas are given support of Rs 6 lakh each while four runners-up are given Rs 1.5 lakh each, he said after the selection process on Sunday

SBI Foundation commits Rs 3 mn grant to eight select social ventures
Updated On : 09 Apr 2023 | 7:55 PM IST

NTPC coal output rises 65% year-on-year to 23 million tonnes in FY23

State-owned power giant NTPC on Sunday said its captive coal mines have registered 65 per cent year-on-year production growth to over 23 million tonnes in FY23

NTPC coal output rises 65% year-on-year to 23 million tonnes in FY23
Updated On : 09 Apr 2023 | 4:52 PM IST

GAIL Gas Ltd announces reduction in prices of CNG, PNG by upto Rs 7

GAIL Gas Ltd on Sunday announced a reduction of up to Rs 7 in the prices of CNG and piped cooking gas following a reduction in input gas price

GAIL Gas Ltd announces reduction in prices of CNG, PNG by upto Rs 7
Updated On : 09 Apr 2023 | 1:56 PM IST

Adani Total, Torrent Gas reduce CNG, PNG price after Centre revise prices

In a respite to lakhs of domestic gas and CNG vehicle owners, Adani Total Gas Ltd and Torrent Gas reduced CNG and PNG prices

Adani Total, Torrent Gas reduce CNG, PNG price after Centre revise prices
Updated On : 08 Apr 2023 | 8:05 PM IST

NBFC firm REC raises $750 million through issuance of green bonds

State-owned non-banking finance firm REC Ltd on Saturday said it has raised $750 million (about Rs 6,138 crore) through issuance of green bonds

NBFC firm REC raises $750 million through issuance of green bonds
Updated On : 08 Apr 2023 | 4:22 PM IST

Macrotech adds 12 land parcels in FY23 to build new projects to meet demand

Realty firm Macrotech Developers has added 12 land parcels for the development last fiscal, with an estimated revenue potential of nearly Rs 20,000 crore

Macrotech adds 12 land parcels in FY23 to build new projects to meet demand
Updated On : 08 Apr 2023 | 3:29 PM IST

Healthtech platform Practo lays off 41 employees, mostly engineers

The company said in a statement that upholding a high bar for performance and productivity is crucial to maintaining this level of growth

Healthtech platform Practo lays off 41 employees, mostly engineers
Updated On : 08 Apr 2023 | 2:55 PM IST

UltraTech uses LNG trucks to transport cement as part of ESG initiative

UltraTech is making strides in its commitment to sustainability and decarbonisation of its operations with this second deployment of GreenLine's LNG-powered fleet of trucks

UltraTech uses LNG trucks to transport cement as part of ESG initiative
Updated On : 08 Apr 2023 | 11:47 AM IST

Adani Gas reduces prices of CNG by Rs 8.13/kg, PNG by Rs 5.06/scm

ATGL also announced a reduction in PNG prices for Industrial and Commercial Consumers by Rs 3.0 per scm its geographical areas (GAs)

Adani Gas reduces prices of CNG by Rs 8.13/kg, PNG by Rs 5.06/scm
Updated On : 08 Apr 2023 | 7:58 AM IST

Temasek buys majority stake in Manipal Health in largest wellness deal

Takes stake from promoters, TPG, NIIF at Rs 40,000 crore enterprise value

Temasek buys majority stake in Manipal Health in largest wellness deal
Updated On : 07 Apr 2023 | 11:48 PM IST

ZestMoney laying off 100 employees after deal with PhonePe fails

PhonePe in talks with BNPL firm to hire some staff left after acquisition talks fail

ZestMoney laying off 100 employees after deal with PhonePe fails
Updated On : 07 Apr 2023 | 11:34 PM IST

Vedanta-Foxconn likely to get conditional approval for fab plant

But Foxconn, the largest EMS player in the world, buys over $40 billion worth of semiconductor chips annually for its customers

Vedanta-Foxconn likely to get conditional approval for fab plant
Updated On : 07 Apr 2023 | 11:17 PM IST

OMC marketing earnings expected to rise in fourth quarter, say analysts

Blended marketing margins rose to a 10-month high of about Rs 2.5 per litre in December, multiple analysts said

OMC marketing earnings expected to rise in fourth quarter, say analysts
Updated On : 07 Apr 2023 | 11:00 PM IST