NEWS
India’s wholesale price inflation at a 9-month high of 0.73% in December
15 Jan 2024
Wholesale price inflation in India, based on the wholesale price index (WPI), stood at a nine-month high of 0.73 per cent in December 2023, preliminary data released by the commerce ministry on Monday showed.
DRDO test-flies new generation Akash missile
15 Jan 2024
Defence Research and Development Organisation (DRDO) on Friday made a successful flight-test of the new generation Akash (Akash-NG) missile from the Integrated Test Range (ITR), Chandipur off the Odisha coast.
NLC awards 2400 MW Odisha thermal power project to BHEL
15 Jan 2024
NLC India Ltd has awarded the contract for setting up a 2,400 MW pit head green field thermal power project at Jharsuguda District in Odisha, to BHEL.
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Citigroup plans to cut 20,000 jobs globally by 2026
15 Jan 2024
US banking and financial services giant Citigroup is planning to lay off 20,000 of its workforce - roughly 8 per cent of its 239,000 global headcount by 2026, as part of a mega restructuring.
NASA, Lockheed revive supersonic travel dreams with X-59 QueSST aircraft
15 Jan 2024
US space agency NASA and defence aircraft maker Lockheed Martin on Friday jointly unveiled a prototype of the agency’s experimental aircraft X-59
Tata Consumer Products to acquire Capital Foods and Organic India for Rs7,000 cr
15 Jan 2024
Tata Consumer Products, the consumer goods arm of the Tata Group has agreed to acquire 100 per cent shares in Capital Foods, and Organic India for a total consideration of Rs7,000 crore.
DMart’s consolidated Q3 net profit up 17% at Rs.690 cr
14 Jan 2024
Avenue Supermarts Ltd (ASL), which runs the DMart retail chain, has reported a consolidated net profit of Rs690 crore for fiscal third quarter ended 31 December 2023
Infosys to acquire chip designer InSemi for Rs280 crore
13 Jan 2024
IT services major Infosys on Thursday announced a definitive agreement to acquire InSemi, a leading semiconductor design and embedded services provider for Rs280 crore.
India’s consumer price inflation at 5-month high of 5.93% in December
13 Jan 2024
Consumer price inflation in India, based on the Consumer Price Index (CPI), rose to 5.93 per cent in December 2023 from 5.55 per cent in November
NTPC Green Energy signs MoUs with GSPC, GPPL for green hydrogen initiatives
13 Jan 2024
NTPC Green Energy Ltd (NGEL) has signed memoranda of understanding (MoUs) with Gujarat State Petroleum Corporation Ltd (GSPC) and Gujarat Pipavav Port Ltd (GPPL)
Hertz shifts gears: Opts for gas cars over EVs, including Teslas
12 Jan 2024
Hertz Global Holdings, a car rental company, is set to sell about 20,000 electric vehicles. This number even includes cars that have been manufactured by Tesla.
Mukesh Ambani re-enters the $100 billion club
12 Jan 2024
Mukesh Ambani, the prominent figure in India’s business landscape, has reclaimed his position in the exclusive $100 billion club. On Thursday, 11 January 2024, the chairman of Reliance Industries Ltd. witnessed his wealth surge by $2.8 billion, reaching an impressive $101.8 billion.
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