The Economic Review advocates a renewed preparation of India’s strategy for the textile sector in accordance with the increasing global demand of products made from man -made fiber (MMF). India accounts for 9.2 percent of MMF production, which is much less than global giants such as Vietnam, China and Taiwan. This is important in future … Read more
The economic review states that uncertainty is increasing as the global trade situation changes due to increasing protectionism. In such a situation, India will need to increase business competition by reducing the cost to promote export competition and improve the convenience. The report said, ‘There has been a significant change in global trade situation in … Read more
The Economic Review states that Artificial Intelligence (AI), which is making rapid progress, offers unprecedented opportunities for labor markets worldwide as well as serious challenges. The review states that India needs to seriously consider the influences of AI and for this it will have to focus on establishing a great institute. The review said, “It … Read more
The Board of Tata Capital, the major financial services unit of Tata Sons, has approved changes in its Memorandum of Association as per the provisions of the Companies Act 2013 and adopted a new set of the Articles of Association (AOA). These changes are being made under the company’s list of listed in the end … Read more
Nestle India, a major company that produces everyday goods (FM CG), increased net profit in the third quarter of the current financial year 2025 to Rs 688 crore. The company’s profits have strengthened by a two -digit increase in beverages business. The company’s net profit was Rs 655.6 crore in the same period last year. … Read more
The net profit of the government company ONGC fell 19.4% to ₹ 8,621.69 crore in the third quarter (October-December) of FY 2024-25. It was ₹ 10,703.13 crore in the same quarter last year. The main reason for this decline was the decrease in crude oil prices. On the quarter -rate quarter, the profit also declined … Read more
Electric vehicle manufacturer Ola Electric unveiled its S-1 Jane 3 portfolio on Friday. The S1 X (2 kW) will start from Rs 79,999 under the new portfolio prepared on the Advanced Gen 3 platform and the 5.3 kW S1 Pro+ Scooter will have an initial price of Rs 1,69,999. Bhavish Aggarwal, chairman and managing director … Read more
Vedanta Limited said on Friday that his consolidated net profit increased by 76.2% to Rs 3,547 crore in the quarter ended December 31, 2024. In the same quarter of last year, the company recorded a profit of Rs 2,013 crore. The company’s total income increased by 9.5% to Rs 39,795 crore in this quarter, which … Read more
On Friday, there was a sharp jump in shares of defense sector companies. In BSE, shares of major companies of this sector climbed 9% in intraday. This fast in the market has come due to hopes of getting big orders in the coming days. Garden Reach Shipbuilders and Engineers (GRSE), BEML, Majhgaon Dock Shipbuilders (MDL), … Read more
The integrated net profit of Raymond Limited, active in real estate and engineering business, increased by 75 percent to Rs 72.28 crore in the October-December quarter of the current financial year. The net profit of the company was Rs 41.35 crore in the same quarter of the last financial year. In the information given to … Read more