Economy

Mumbai:  The Indian stock market opened flat on Friday as buying was seen in the auto, IT, financial services and PSU Bank sectors. Axis Bank and ITC were among the top gainers at Nifty. The Sensex was trading at 80,139.30 after gaining…
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Mumbai:  In the AI era, data centres are going to be a powerhouse for the tech ecosystem and India's data centres capacity will increase to 5,000 megawatts in the next seven or eight years, Yotta Data Services co-founder-CEO and MD Sunil…
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Ahmedabad: Adani Wilmar Ltd on Thursday reported its highest-ever half-yearly net profit at Rs 624 crore for the first six months of the current fiscal (FY25). In Q2 FY25, the Adani Group company clocked Rs 326 crore in standalone profit…
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Ahmedabad: Adani Total Gas Ltd (ATGL) on Thursday reported a seven per cent increase in consolidated net profit (year-on-year) at Rs 186 crore in Q2 FY25, while operational revenue saw a 12 per cent jump, reaching Rs 1,315 crore. EBITDA…
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New Delhi: The Cabinet Committee on Economic Affairs (CCEA) on Thursday approved two railway projects with an estimated cost of Rs 6,798 crore. The projects will be completed in five years to provide connectivity, facilitate ease of…
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New Delhi: Congress General Secretary Priyanka Gandhi Vadra often criticises the government, but her key choice for investments includes PSU shares. According to the affidavit submitted by Priyanka Gandhi, who is making her electoral…
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Mumbai: The Indian stock market closed flat on Thursday as selling was seen in the auto and IT sectors, with Hindustan Unilever Ltd being among the top losers, after it reported a 4 per cent drop in standalone net profit for Q2 at Rs…
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Ahmedabad: Cement and building materials leader ACC Ltd, part of the diversified Adani Group, on Thursday reported the highest quarterly revenue at Rs 4,614 crore, up 4 per cent (year-on-year). The company clocked volume growth of 15 per…
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New Delhi: The Union Cabinet, chaired by Prime Minister Narendra Modi, on Thursday approved the setting up of a Rs 1,000 crore venture capital (VC) fund dedicated to the growing space sector. The deployment period of the proposed VC…
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New Delhi: Logistics and supply chain company Shiprocket has reported Rs 595 crore net loss in the fiscal 2024, a 75 per cent increase from Rs 340 crore loss in FY23. The reported Rs (-) 595 crore PAT is primarily driven by three key…
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