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Economy
TANCEM to set up 10 MW solar power plant for captive use
Chennai : Tamil Nadu Cement Corporation Ltd (TANCEM) will be setting up a 10 MW solar power plant at an outlay of Rs 65 crore for captive use, said Minister for Industries Thangam Thennarasu on Tuesday.
As per the Policy Note presented!-->…
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Public Cloud spending in India to touch $7.5 bn this year
Mumbai : The end-user spending on public cloud in India is likely to reach $7.5 billion in 2022 -- growing 29.3 per cent from 2021, a Gartner report said on Tuesday.
Cloud system infrastructure services (IaaS) is forecast to record the!-->…
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Geo-political conditions dim prospects for Samsung stock in near future
Seoul : Samsung Electronics' estimate-beating earnings seem not to be enough to calm investors who remain wary over headwinds from rising inflation, rate hikes and geopolitical risks, analysts said on Tuesday.
Shares of Samsung, the!-->…
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Indian private sector to drive carbon transition: Moody’s
Chennai: Indian private sector has to drive the carbon transition efforts as the country's significant economic development needs will constrain the government's ability to extend sufficient financial support, said Moody's Investors!-->…
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Indian job market shows 6% YoY growth post Covid slump: Report
Bengaluru: With economic activity showing impressive recovery from Covid's grip, hiring demand witnessed a 6 per cent year-on-year growth in the month of March 2022, according to a report.
The Monster Employment Index (MEI) showed online!-->…
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Equity indices largely steady in early trade after a storm
New Delhi: After a bloodbath the previous day, benchmark equity indices traded largely steady in early trade on Tuesday.
At 9.30 a.m., Sensex was at 57,195 points, up 0.05 per cent, whereas Nifty was at 17,212 points, up 0.2 per cent.!-->…
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Land acquisition for JSW project to be done in 5 months: Odisha
Bhubaneswar: The Odisha government has targeted to complete the land acquisition process for the proposed steel plant project of JSW Utkal Steel Ltd (JUSL) in Odisha's Jagatsinghpur district in next five months, an official said.
The!-->…
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SMP, Kolkata aims towards improved infrastructure for greater productivity
Kolkata: Syama Prasad Mookerjee Port (SMP), Kolkata, is planning several measures to increase productivity and reduce the turn around time for ships calling on the port facilities at Haldia and Kolkata. If things go as planned, night!-->…
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3 firms submit bids for SsangYong Motor acquisition
Seoul : Three firms have submitted their bids to acquire the debt-ridden automaker SsangYong Motor Co, sources here said on Monday, after a previous sales deal with a local electric vehicle maker fell apart.
Local underwear company!-->…
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SC directs banks not to impose penalty on EMI default by Amrapali home buyers
New Delhi : In relief for several thousands of Amrapali home buyers who booked their flats under subvention scheme, the Supreme Court on Monday directed the banks not to impose penalties on default of EMI payment.
A bench of Justices!-->…
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