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Home  Business

Business

Schneider Electric to infuse Rs 350 cr in Indian subsidiary Luminous Power

Schneider Electric to infuse Rs 350 cr in Indian subsidiary Luminous Power

  • ONGC reports Rs 6,734 cr net profit in Q4

    Also, the company reversed impairment losses, recording an exceptional gain of Rs 2,613 crore in the quarter.
  • Garmin launches new smartwatch in India at Rs 20,990

    Priced at Rs 20,990, the all-new Forerunner 55 comes in 3 exciting colours -- black, aqua and monterra grey and is available on both online and offline stores.
  • Nothing partners with Flipkart to launch Ear 1 in India

    With decades of customer experience and robust delivery capabilities, Flipkart will play an integral role in building Nothing's presence in India and launching its highly anticipated true wireless earbuds Ear 1.
  • ‘Indian healthcare needs immediate intervention’

    Immediate interventions are needed to enable higher vaccine production and distribution. Physical supply chain and inventory management needs to be enhanced, particularly in the rural areas.
  • Sensex surges 226 points to end at record high; Nifty tops 15,850

    Tata Steel was the top gainer in the Sensex pack, rising over 4 per cent, followed by Axis Bank, SBI, ICICI Bank, Bajaj Finserv, L&T and Maruti.
  • Hyderabad-based Cyient gets four awards from Nasscom

    "These awards are a testament to our continued commitment to innovation for our customers and community. Most importantly, I am grateful to our associates who deliver excellence every day", said Krishna Bodanapu
  • LIC Housing Finance to raise Rs 2,334 cr

    Stock price of LIC Housing Finance rose on Friday on the back of the announcement of equity capital coming in.
  • TN power sector companies incurred Rs 13,000 Cr loss: CAG

    The CAG report said the power utility incurred an additional cost of Rs 7,396 crore in higher power purchase and generation costs.
  • SpiceJet monsoon sale offers air tickets at Rs 999

    On Thursday, full service carrier Vistara had announced a 48-hour 'Monsoon Sale' across its domestic network that offers a one-way all-in fare starting Rs 1,099.
  • US economy grew at 6.4% in 2021 Q1

    Inflation, meanwhile, is expected to climb to 3.4 per cent by year-end, 1 percentage point up from the March projection.
  • Sitharaman points at investment opportunities in India to US investors

    The broad messages conveyed to the investors include the "significant drop" in daily Covid cases and "strong relief and reforms" undertaken by Government during the pandemic times
  • Sensex sheds initial gains to trade flat

    The Nifty50 on the National Stock Exchange was trading at 15,781.00, lower by just 9.45 points or 0.06 per cent from its previous close.
  • NAFED plans to open about 200 grocery stores by end of fiscal

    The NAFED Bazar in Gurugram is an initiative of a women cooperative society in Uttarakhand.
  • Fuel prices remain unchanged on Friday

    With fuel prices remaining unchanged on Friday, petrol continued to cost Rs 97.76 per litre and diesel Rs 88.30 per litre in Delhi.
  • Microsoft announces Windows 11 operating system

    "We have simplified the design and user experience to empower your productivity and inspire your creativity. It's modern, fresh, clean and beautiful," Panos Panay, Chief Product Officer, Windows + Devices, said in a statement.
  • Sensex, Nifty open on positive note amid positive global cues

    The 30-share BSE index was trading 65.90 points or 0.13 per cent higher at 52,764.90 in initial deals. Similarly, the broader NSE Nifty advanced 32 points or 0.20 per cent to 15,822.45.
  • PLI to boost battery manufacturing: IESA

    Scheme to lead to net savings of Rs 2 lakh crores-Rs 2.5 lakh crores on account of oil import bill reduction
  • Vijayaraman Subramanian is new Verizon India MD

    Subramanian would play a key role in spearheading the company as a strategic development centre, an emerging innovation hub and drive cutting edge capabilities.
  • Reliance to conclude Aramco deal this year; Aramco rep on co board

    Mukesh Ambani told shareholders that RIL is expected to sell 20 per cent stake in its oil-to-chemical unit to Saudi Aramco
  • S&P cuts India’s FY22 growth forecast to 9.5%

    GDP growth in the current fiscal was estimated to be in double digits initially, but a severe second wave of pandemic has led to various agencies cut growth projections.
  • Hyderabad: Govt entities, corporates organise vaccine drive for employees

    Startup ecosystem enablers, T-Hub and WE Hub have also vaccinated their startup employees.
  • Regulatory constraints affecting renewable energy projects

    States have either completely withdrawn or reduced the concessions or incentives on open access charges.
  • ‘Angel investors must think beyond money’

    TiE Global board of trustees chairman Praveen Tailam informed that just one round of investment in any startup will not be sufficient.
  • Sensex rallies 393 points amid firm global cues; IT stocks shine

    Infosys was the top gainer in the Sensex pack, rising over 3 per cent, followed by TCS, Tech Mahindra, HCL Tech and Asian Paints.
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