Mindtree Q2 profit up 88%, growth in IT industry
Mindtree Ltd posted an 88% year on year wise rise in net profit to Rs 253.7 crore for the second quarter-ended September on the back of operational efficiencies and improved … Read More
Category: Business
Govt. invites tender for Mumbai-Ahmedabad bullet train
The Indian government on Wednesday invited tenders for the design and construction of a 237 km long mainline for a high-speed rail corridor from Mumbai to Ahmedabad in order to … Read More
Ambani’s Fortune grows by $2 billion in a day, makes him 5th richest man
Mukesh Ambani, chairman of Reliance Industries Limited becomes the world’s fifth richest man, according to the latest Forbes World’s Billionaires (real time) index. Presently Ambani’s net worth is at $ … Read More
Serum Institute collaborates with Oxford University
Pharma giant Serum Institute of India has claims that it will start producing the Oxford University covid-19 vaccine in two to three weeks. The company also plans to bring it … Read More
Coal India revenue dips by 3.6% and Q4 profit falls by 23%
India’s largest coal mining company Coal India has announced a combined profit of Rs 4,637.95 crores for quarter four which is from January to March 2020. It has fallen sharply … Read More
After faceoff in Ladakh, boycott Chinese products movement on rise
After the violence in Ladakh on Monday, anger erupted in the nation against China and people are demanding an economic ban on Chinese goods. The first initiative was taken by … Read More
Patanjali claims success against the COVID-19 virus
Cases of Covid-19 are increasing day by day. So far the number has crossed the 3 lakh mark and over 8900 people have died all over the country. In last … Read More
JIO expand its wing in e-commerce by launching JioMart
Reliance finally released its e-commerce platform JioMart across India. The main objective of this platform is to deliver grocery items across the country. Initially JioMart was tried in Mumbai as … Read More
RBI extends moratorium on EMI’s
The Reserve Bank of India has extended EMI moratorium on term loans for three more months i.e., up to 31st August. Moratorium on EMI means that the borrowers wouldn’t have … Read More
Vista buys 2.3 % stake worth $1.5 billion in Reliance Jio
The Texas based Vista equity buys stake worth of 11,367 crores for a 2.32 % equity stake in Reliance Jio. It makes Vista third largest investor in Jio. “Jio Platforms, a wholly owned subsidiary of Reliance Industries Limited, is a next-generation technology company building a Digital Society for India by bringing together Jio’s leading digital apps, digital ecosystems and India’s high-speed connectivity platform under … Read More