Corporate earnings are likely to witness a sharp revival in the next financial year backed by economic recovery, said a report by Kotak Institutional Equities. "We expect 28 per cent and 19 per cent growth in net profits of the Nifty-50 Index in FY2022 and FY2023 following 11 per cent growth in FY202," it said....
Amid the ongoing coronavirus pandemic, the Yogi Adityanath government has challenged its critics claiming that 26,62,960 people have been provided employment in the last eight months. An action plan was prepared on the instructions of the Uttar Pradesh Chief Minister. Acting on this action plan, 26,62,960 people have been employed in 6,65,74...
Tech giant IBM has acquired Montreal-based fintech company Expertus Technologies for an undisclosed sum - a move that is aimed at strengthening IBM's portfolio as an end-to-end digital payments solution provider and further advancing IBM's hybrid cloud and AI strategy....
Oil companies may have provided relief to consumers by keeping the pump prices of petrol and diesel static for the past nine days even on rising global oil prices, but it is the heavy load of taxes that has kept the two auto fuels price closer to all-time high levels now with the pandemic-...
Futures Enterprises Ltd. (FEL) on Wednesday reported a consolidated net loss of Rs 283.63 crore for the July-September quarter. During the same quarter of the last financial year, the company had reported a consolidated net profit of Rs 17 crore. ...
IIT Hyderabad-incubated startup Pure EV is collaborating with CSIR-CECRI on indigenizing Lithium-Ion Battery (LIB) technology for electric vehicles. Pure EV has signed a MoU with CSIR-CECRI to undertake joint research on the production of battery packs, validation of LIB cells and addressing the ...
Global technology services company NTT Ltd. on Wednesday said Abhijit Dubey will succeed Jason Goodall as its Global Chief Executive Officer. Dubey takes the role following over 20 years with global advisory firm McKinsey & Company....
Oil marketing companies continued to hold back any change in retail prices of petrol and diesel continuing with their wait and watch stance that has kept the prices of the two auto fuels static for past nine days. Accordingly, there was no change in retail price of auto fuels on Wednesday ...
Mukesh Ambani, Chairman, Reliance Industries Limited (RIL) has said that the partnership between Jio and Facebook is great for India, Indians and small Indian businesses....
Samsung Electronics took the number one position in the global foldable smartphone market this year with the launch of new devices, a report said on Tuesday, as the company tries to further solidify its status in the burgeoning sector. ...
