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The company has expanded its rural coverage to 43,000 towns as of December 2024, up from 5,000 in March 2022. File | Photo Credit: Reuters Adani Wilmar on Monday (January 27, 2025) posted over a twofold jump in consolidated net profit at ₹410.93 crore for December quarter 2024-25 on strong edible oil sales. The company…
Read More “Adani Wilmar Q3 profit more than doubles to ₹411 crore” »
Srivats Ram, MD, Wheels India Ltd | Photo Credit: Special Arrangement Wheels India Ltd for the third quarter ended December 31, 2024, reported net profit of ₹22.57 crore compared with ₹12.58 crore in the year ago period, up 79%. The company during the quarter registered revenues of ₹1,058 crore as compared with ₹1,131 crore in…
Read More “Wheels India Q3 net profit surges 79% to ₹22.57 crore, revenue down 6%” »
Accusing the Modi government of perpetuating a policy of indifference to the plight of MGNREGA workers, the Congress on Monday (January 27, 2025) demanded that the Union Budget must increase MGNREGA wages and the Aadhar-Based Payment Bridge Systems not be made mandatory. The Opposition party demanded that MGNREGA wages be increased with the goal of…
Read More “Union Budget 2025: MGNREGA wages must be increased to ₹400 per day, says Jairam Ramesh” »
News agency ANI filed a lawsuit against OpenAI in 2024. File | Photo Credit: Reuters Digital news units of billionaires Gautam Adani and Mukesh Ambani, and other outlets such as TheIndian Express and the Hindustan Times, have mounted a legal challenge against OpenAI’s improper use of copyright content, legal papers show. The filing of the…
Read More “OpenAI to face digital news firms of Mukesh Ambani, Gautam Adani in copyright battle” »
According to exchange data, FIIs offloaded equities worth ₹2,758.49 crore on Friday (January 24, 2025). File photo | Photo Credit: PTI Equity benchmark indices, Sensex and Nifty, declined in early trade on Monday (January 27, 2025), dragged down by losses in Telecom and Industrials stocks amid muted global market trends. Also, the continuous foreign…
Read More “Markets fall in early trade, dragged down by Telecom stocks, weak global cues” »
The rupee depreciated 22 paise to 86.44 against the US dollar in early trade on Monday (January 27, 2025), weighed down by the strength of the American currency in the overseas market and a muted trend in domestic equities. Forex traders said the Indian rupee gained on Friday (January 24, 2025) but opened on a…
Read More “Rupee falls 22 paise to 86.44 against US dollar in early trade” »
The successful fundraising has allowed the airline to settle claims of about $308.4 million at a negotiated amount of $76.1 million, the airline’s chief business officer Debojo Mahrshi told The Hindu. | Photo Credit: Special Arrangement In its bid to revive the ailing airline and its grounded fleet, SpiceJet will spend half of the…
Read More “SpiceJet plans a turnaround, but faces a challenge” »
Tapan Sen, former MP and CITU general secretary. | Photo Credit: RAO GN Left-leaning Centre of Indian Trade Unions (CITU) has questioned the Union government’s decision to sell public sector firm Ferro Scrap Nigam Limited (FSNL) to a Japanese corporation. A subsidiary of MSTC Limited, the FSNL had recently made a disclosure that its 100%…
Read More “Sale of profit-making FSNL to Japanese company anti-national: CITU” »
Launch of Kia Syros in Chennai on January 25, 2025. | Photo Credit: R. Ravindran From panoramic sunroof to wireless charging, stolen vehicle tracking to front ventilated seats, customers in Chennai were given a glimpse of what Kia promises to offer in its new compact SUV, the Syros. R. Arunkumar, chief executive officer, VST Central…
Read More “Customers get a glimpse of the new compact SUV Kia Syros” »
Image for representation. | Photo Credit: The Hindu Stakeholders from the healthcare sector, specifying their expectations from the upcoming Union budget, sought higher budget allocation for the sector; reduction in Goods and Services Tax (GST) and import duties on critical medical equipment and supplies; lower treatment costs for patients; and easy accessibility to various schemes…
