The Indian government has set its sights on significantly boosting rooftop solar installations across the country, with a particular focus on the residential sector. The recently launched PM-Surya Ghar: Muft Bijli Yojana (PM-SGB MY) scheme offers a compelling incentive – free electricity up to 300 units per month – for up to 10 million households …
One of the most important aspects of infrastructure is power, which is essential for national welfare and economic progress. For the Indian economy to grow steadily, a suitable electricity infrastructure must be developed, and one is being developed. India has one of the world’s most diverse electricity industries. Power generation can come from various sources, …
Bandhan Bank’s Q4FY24 results were announced today and it showcased a significant decline in net profit due to substantial loan write-offs, despite an improvement in net interest income (NII). The bank reported a net profit of Rs.55 crore, marking a steep 94% drop from Rs.876 crore in the same quarter of the previous year. This …
In the current trading session, benchmark indices are trading positively, with the Sensex up by 0.38% and the Nifty gaining 0.33%. Nifty Auto, Nifty Metal, and Nifty Realty are the leading sectors in positive territory, while Nifty IT and Nifty Pharma are among the top losers. M&M, JSW Steel, and Ultratech Cement are among the …
JSW Steel Limited is an Indian multinational steel producer based in Mumbai and is a flagship company of the JSW Group, The Steel company has reported its Q4 FY 2023-24 earnings today after market hours. Q4 Performance of JSW Steel The Steel Giant has reported below market estimates net profits for this quarter, The next …
During Friday’s trading sessions, these three equities gained significantly with price and volume activity, indicating potential bullish action. Here’s an in-depth look. Pudumjee Paper Products Ltd Pudumjee Paper Products Ltd showed a significant price movement today, reaching a high of Rs 96.5 with a traded volume of 4,753,566 shares. The stock is currently trading at …
Zydus Lifesciences Ltd., a prominent Indian pharmaceutical company renowned for its innovation, announced a significant agreement for the US market. Zydus Lifesciences Global FZE, a wholly-owned subsidiary, has entered an exclusive licensing and supply agreement with MSN Laboratories for Cabozantinib Tablets, the generic version of the established drug CABOMETYX®. Strategic Partnership for US Market Entry …
JK Paper Ltd., a leading Indian paper and packaging board company, announced a strategic move to solidify its position in the growing packaging sector. The company’s Board of Directors, on May 17, 2024, approved the acquisition of the remaining 15% equity stake in its subsidiaries, Horizon Packs Private Ltd (HPPL) and Securipax Packaging Private Ltd …
Artificial Intelligence (AI) stands as a transformative force in the 21st century, driving innovation and productivity across sectors. For India, harnessing AI is not just a technological necessity but a strategic imperative to propel its aspirations of becoming a developed nation and securing a place among the world’s top three economies. The potential of AI …
In a move to bolster its liquefied natural gas (LNG) transportation capabilities, GAIL (India) Limited has signed a significant 14-year time charter agreement with Cool Company Ltd. This strategic partnership with the pure-play LNG shipping company secures a newbuild LNG carrier for GAIL’s fleet, with the charter commencing in early 2025. The agreement offers GAIL …
