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Category: Business

Business

Vodafone Idea Q3 net loss narrows to Rs 6,609 crore

Posted on February 11, 2025 By admin
Vodafone Idea Q3 net loss narrows to Rs 6,609 crore

Vodafone Idea’s total subscriber base stood at 19.98 crore and 4G subscriber base at 12.6 crore. | Photo Credit: Reuters Vodafone Idea Ltd for the third quarter ended December 31, 2024 narrowed its net loss to ₹6,609 crore from net loss of ₹6,986 crore in the year ago period. The telecom company’s revenue from operations…

Read More “Vodafone Idea Q3 net loss narrows to Rs 6,609 crore” »

Business

Net direct tax kitty swells 15% to ₹17.78 lakh crore till Feb 10

Posted on February 11, 2025 By admin
Net direct tax kitty swells 15% to ₹17.78 lakh crore till Feb 10

Net collections from securities transaction tax is pegged at ₹55,000 crore in this fiscal in the Revised Estimates, higher than the Budget Estimate. File | Photo Credit: Getty Images/iStockphoto Net direct tax collection grew 14.69% to over ₹17.78 lakh crore so far this fiscal, government data showed on Tuesday, February 11, 2025. As per…

Read More “Net direct tax kitty swells 15% to ₹17.78 lakh crore till Feb 10” »

Business

Economy on speedy rebound, India to remain fastest growing nation: Sitharaman

Posted on February 11, 2025 By admin
Economy on speedy rebound, India to remain fastest growing nation: Sitharaman

Finance Minister Nirmala Sitharaman speaks in the Lok Sabha on February 11, 2025. Photo: Sansad TV via PTI India’s economy is in the midst of “a speedy rebound” after a brief moderation in the second quarter of this year, Finance Minister Nirmala Sitharaman said on Tuesday, asserting that the Union Budget 2025-26 has sought to…

Read More “Economy on speedy rebound, India to remain fastest growing nation: Sitharaman” »

Business

Union Budget has failed to a provide roadmap for Viksit Bharat: Akhilesh Yadav

Posted on February 11, 2025 By admin
Union Budget has failed to a provide roadmap for Viksit Bharat: Akhilesh Yadav

Samajwadi Party MP Akhilesh Yadav speaks in the Lok Sabha on February 11, 2025. Photo: Sansad TV via PTI Samajwadi Party (SP) chief Akhilesh Yadav on Tuesday (February 11, 2025) said that the Union Budget was “only for the rich people of the country”, and had failed to provide any roadmap for ‘Viksit Bharat’ (developed…

Read More “Union Budget has failed to a provide roadmap for Viksit Bharat: Akhilesh Yadav” »

Business

Parliamentary proceedings: Govt using almost entire borrowings in FY’26 towards capex, says Sitharaman in Lok Sabha

Posted on February 11, 2025 By admin
Parliamentary proceedings: Govt using almost entire borrowings in FY’26 towards capex, says Sitharaman in Lok Sabha

Union Finance Minister Nirmala Sitharaman speaks in the Lok Sabha during the Budget session of Parliament, in New Delhi, on February 11, 2025. | Photo Credit: PTI The Government is using almost the entire borrowing in 2025-26 towards financing capital expenditure, Finance Minister Nirmala Sitharaman said on Tuesday (February 11, 2025) She said the effective…

Read More “Parliamentary proceedings: Govt using almost entire borrowings in FY’26 towards capex, says Sitharaman in Lok Sabha” »

Business

LeRemitt unveils LeDoc, a document management solution for foreign trade 

Posted on February 11, 2025 By admin
LeRemitt unveils LeDoc, a document management solution for foreign trade 

The logo of LeDoc, an AI-powered document management platform for trade documentation. Photo: https://www.leremitt.com/ LeRemitt, a fintech platform focused on facilitating cross-border payments for MSME goods and services exporters has announced the launch of LeDoc, an Al-powered platform designed to streamline trade documentation and compliance management. LeDoc is the latest addition to LeRemitt’s Global Trade…

Read More “LeRemitt unveils LeDoc, a document management solution for foreign trade ” »

Business

Cyient DLM bags production contract from Boeing for precision-machined parts, assemblies 

Posted on February 11, 2025 By admin
Cyient DLM bags production contract from Boeing for precision-machined parts, assemblies 

Senior Director – Supply Chain of Boeing India Ashwani Bhargava (left) with Senior V-P and CTO of Cyient DLM Kaushal Jadia at the signing of the production contract. Photo: Special Arrangement Integrated electronics manufacturing solutions provider Cyient DLM has bagged a production contract from Boeing Global Services (BGS) for precision-machined parts and assemblies. The awarding…

Read More “Cyient DLM bags production contract from Boeing for precision-machined parts, assemblies ” »

Business

Sensex dropped 1,018.20 points over 1% amid foreign fund exodus

Posted on February 11, 2025 By admin
Sensex dropped 1,018.20 points over 1% amid foreign fund exodus

People walk past a live screen on the facade of Bombay Stock Exchange (BSE) building in Mumbai on February 11, 2025. | Photo Credit: AP India’s stock markets tripped for the fifth straight day on Tuesday (February 11, 2025), as U.S. President Donald Trump’s tariff pronouncements and the fear of a growing trade war continued…

Read More “Sensex dropped 1,018.20 points over 1% amid foreign fund exodus” »

Business

Rupee ends 63 paise higher at 86.82 against U.S. dollar; logs highest one-day gain in 2 years

Posted on February 11, 2025 By admin
Rupee ends 63 paise higher at 86.82 against U.S. dollar; logs highest one-day gain in 2 years

At the interbank foreign exchange, the rupee opened at 87.45 against the greenback and touched the intraday high of 86.61 during the session. File. | Photo Credit: Reuters The rupee on Tuesday (February 11, 2025) rallied 63 paise, recording its steepest single-day recovery in nearly two years, to settle at 86.82 (provisional) against the U.S….

Read More “Rupee ends 63 paise higher at 86.82 against U.S. dollar; logs highest one-day gain in 2 years” »

Business

L&T CMD S.N. Subrahmanyan: Mobilisation of labour for development in cities a problem in India

Posted on February 11, 2025 By admin
L&T CMD S.N. Subrahmanyan: Mobilisation of labour for development in cities a problem in India

S.N. Subrahmanyan, CMD of L&T, speaks at the CII Mystic South Global Linkage Summit in Chennai on February 11, 2025. | Photo Credit: Akhila Easwaran Mobilisation of labour from villages and towns for infrastructure development in India’s cities is a problem, as labourers do not want to come and work in cities for various reasons, such…

Read More “L&T CMD S.N. Subrahmanyan: Mobilisation of labour for development in cities a problem in India” »

Business

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