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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…
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” »
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….
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…
As many as six U.S. Congressmen have written to the newly appointed Attorney General of the United States against “questionable” decisions made by the U.S. Department of Justice (DoJ) such as the indictment against the Adani Group in an alleged bribery scam, which “jeopardises the relationship with close ally India”. Lance Gooden, Pat Fallon, Mike…
Read More “Six U.S. Congressmen write to new Attorney General against Adani’s indictment” »
Adani Power’s Godda plant in Jharkhand. File | Photo Credit: adanipower.com Bangladesh has asked Adani Power to fully resume supplies from its 1,600-megawatt plant in Jharkhand, a Bangladesh official said, after more than three months of reduced sales with supplies halved due to low winter demand and payment disputes. Adani, which signed a 25-year contract…
The rupee gained 61 paise to 86.84 against the U.S. dollar in early trade. File | Photo Credit: Reuters The rupee gained 61 paise to 86.84 against the U.S. dollar in early trade on Tuesday (February 11, 2025), after nearing closer to 88-level on Monday, amid high volatility as heightened trade war fears have created…
Read More “Rupee rises 61 paise to 86.84 against U.S. dollar in early trade” »
A screen displaying the Sensex results on the facade of the Bombay Stock Exchange (BSE) building in Mumbai. File | Photo Credit: Reuters Market benchmark indices Sensex and Nifty declined in early trade on Tuesday (February 11, 2025) amid unabated foreign fund outflows and fresh U.S. tariffs that ignited trade war fears. Declining for the…
Read More “Stock markets decline in early trade amid relentless foreign fund outflows” »
ONGC has signed a contract with BP p.l.c which will serve as the Technical Services Provider (TSP) for the Mumbai High field. File | Photo Credit: ONGC Oil and Natural Gas Corporation Ltd (ONGC) has signed a contract with BP p.l.c which will serve as the Technical Services Provider (TSP) for the Mumbai High field,…
Read More “ONGC appoints bp to stabilise production decline at Mumbai High field, boost output” »
The Centre’s proposal to set up an Urban Challenge Fund of ₹1 lakh crore is an interesting idea to push urban infrastructure build-out. Finance Minister Nirmala Sitharaman spelt it out in the Lok Sabha during the Budget session of Parliament, in New Delhi, Saturday, Feb. 1, 2025. | Photo Credit: Sansad TV The Union Budget…
Read More “Budget 2025-26: A promising first step, but miles to go” »