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Economy
Canara Bank posts 18.4 pc jump in Q4 net profit, declares dividend of 16 per share
Mumbai May 8 (IANS) Canara Bank on Wednesday reported an 18.4 per cent rise in its net profit to Rs 3,757.23 crore for the January-March quarter of 2023-24 compared to the same period of the previous year.
On a sequential basis, the bank's!-->…
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Bharat Forge registers 59 pc surge in Q4 net profit
New Delhi, May 8 (IANS) Auto and defence component manufacturer Bharat Forge on Wednesday reported a 59.3 per cent surge in net profit to Rs 389.6 crore for the January-March quarter of 2023-24 compared to the corresponding figure of Rs!-->…
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India’s data centre capacity to double to 2,000 MW by 2026, green energy is the key
Mumbai, May 8 (IANS) India's data centre capacity is set to double to reach 2000 MW by 2026, as the country transitions towards a developed market economy amid a rise in 'green energy' solutions, a report showed on Wednesday.
The growth!-->…
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Air India Express row: ‘Concern genuine’, says Delhi Regional Labour Commissioner to Tata Sons…
New Delhi, May 8 (IANS) Delhi Regional Labour Commissioner Ashok Perumalla has written an email to Tata Sons Chairman N. Chandrasekaran stating that the concerns raised by the union and cabin crew members of Air India Express are genuine!-->…
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US-based Lam Research to expand chip fabrication equipment supply chain in India
Bengaluru, May 8 (IANS) As India begins its ambitious semiconductor journey under the vision of Prime Minister Narendra Modi, US-based Lam Research Corporation on Wednesday announced plans to expand its global chip fabrication equipment!-->…
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5 big announcements from Apple’s ‘Let Loose’ event
New Delhi, May 8 (IANS) Apple has made big announcements at its 'Let Loose' event in which it unveiled the new iPad Pro, M4 chip, redesigned 11-inch and all-new 13-inch iPad Air with M2 chip, Final Cut Pro for iPad 2, and the all-new Logic!-->…
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High possibility of 8 pc GDP growth for India in 2023-24: CEA Nageswaran
New Delhi, May 8 (IANS) There is a high possibility of India's economic growth touching 8 per cent in 2023-24, government's Chief Economic Adviser (CEA) V Anantha Nageswaran said on Wednesday.
Speaking at an event here, the CEA said that he!-->…
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Gates Foundation-backed Axmed raises funds to help poor countries access critical medicines
Basel, May 8 (IANS) Axmed, a Switzerland-based B2B marketplace platform, on Wednesday announced a $2 million seed funding round to accelerate the affordability, availability, and distribution of essential and innovative medicines to low-and!-->…
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NSE, BSE to conduct special trading session on May 18
New Delhi, May 8 (IANS) NSE and BSE will hold a special live session on May 18 to perform intra-day switch-over to their respective disaster recovery site.
Stock exchanges informed their trading members that a special live trading session!-->…
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Google launches its Wallet app in India
New Delhi, May 8 (IANS) Google on Wednesday launched its Wallet app in India, which will offer fast and secure access to everyday essentials, enabling people to conveniently store and retrieve important digital documents like boarding!-->…
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