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  1. L&T gets solar power projects in Middle East

    L&T gets solar power projects in Middle East

    New Delhi, Larsen & Toubro on Monday said its renewable energy arm has received two orders from a leading developer in the Middle East to build two gigawatt scale solar PV plants."The renewables arm of Larsen & Toubro (L&T) has finalized a mega order with a leading developer in the Middle East...
  2. Sensex, Nifty trade flat as Titan, bank stocks top decliners

    Sensex, Nifty trade flat as Titan, bank stocks top decliners

    In the pre-open, Nifty was flat at 24329.45 and Sensex was down 0.1 per cent at 79915.00.Shares of Titan Company fell nearly 4 per cent after it reported slow growth in sales of its jewelery segment.Barring capital goods, FMCG and all other sectoral indices are trading in the red.Shares of...
  3. LG Energy Solution's operating profit falls 58 percent as EV sales decline

    LG Energy Solution's operating profit falls 58 percent as EV sales decline

    Operating profit for the three months ended June is forecast to decline to 195.3 billion won ($142 million) from 460.6 billion won in the same period last year, LGES said in a statement."Falling lithium and other metal prices weighed on EV battery prices and led to lower demand for automakers...
  4. Will fight Apple over 'arbitrary' changes: Epic Games CEO

    Will fight Apple over 'arbitrary' changes: Epic Games CEO

    In Europe, the new DMA allowed Epic to launch its own Epic Games Store on iOS and allow Apple to bring its popular Fortnite back to the platform with lower commissions.However, Apple rejected the Games Store twice.The gaming company said in a post on X that Apple has told some press channels...
  5. PC Jewelers gets PNB approval for one-time settlement of dues

    PC Jewelers gets PNB approval for one-time settlement of dues

    New Delhi, PC Jeweler Ltd on Sunday said Punjab National Bank has given its approval for one-time settlement of its dues.In a regulatory approval, PC Jeweler informed that "Punjab National Bank, the third largest bank after State Bank of India among the company's consortium banks in terms of...
  6. Nykaa expects consolidated revenue to grow 22-23% in April-June quarter

    Nykaa expects consolidated revenue to grow 22-23% in April-June quarter

    New Delhi, FSN E-Commerce Ventures, the parent company of Nykaa, on Sunday forecast a year-on-year consolidated revenue growth of around 22-23 per cent in the first quarter of 2024-25 (FY25), with growth momentum equivalent. for the fashion industry, but which is characterized by a "very...
  7. Janaki Patel is the new president of Patel Engineering after the death of Rupen Patel.

    Janaki Patel is the new president of Patel Engineering after the death of Rupen Patel.

    NEW DELHI: Janaki Patel has been appointed chairman of Patel Engineering following the death of her husband and company chairman and managing director Rupen Patel, according to a statement.Rupen Patel, chairman and managing director of Patel Engineering Limited, passed away late Friday night...
  8. 'Paytm was like a daughter to me who met with an accident': CEO Vijay Shekhar Sharma

    'Paytm was like a daughter to me who met with an accident': CEO Vijay Shekhar Sharma

    Speaking symbolically on the foundation day of the 7th JITO Incubation and Innovation Fund (JIIF), Sharma said, "As a founder, my company is like my daughter...As a company, we are maturing. It was...it's just like if a daughter who is a school topper met with an accident while going for the...
  9. Air India's first Airbus A320 Neo aircraft reaches New Delhi

    Air India's first Airbus A320 Neo aircraft reaches New Delhi

    The A320neo aircraft joining the Air India fleet will have a three-class configuration: eight luxurious business class seats, 24 premium economy seats with extra legroom and 132 economy class seats, the company said."The introduction of premium economy cabins on narrow-body aircraft is a first...
  10. Samsung's unionized workers to go on three-day strike in South Korea this week

    Samsung's unionized workers to go on three-day strike in South Korea this week

    The National Samsung Electronics Union (NSEU), the largest labor union with 28,000 members, announced strike plans last week, saying it aimed to disrupt production.This number represents approximately 22 percent of Samsung Electronics' total workforce of approximately 125,000. The actual...
  11. Nexgen Energia plans to invest Rs 15,000 crore over 10 years to open 5,000 green diesel, CBG pumps.

    Nexgen Energia plans to invest Rs 15,000 crore over 10 years to open 5,000 green diesel, CBG pumps.

    Noida, green energy solutions company NexGen Energia plans an investment of Rs 15,000 crore to open 5,000 green diesel and compressed biogas (CBG) pumps in the country over the next 10 years.The Noida-based company recently inaugurated its first CBG pump in Mau district of Uttar Pradesh...
  12. Signature Global Q1 sales bookings jump 3.5x to Rs 3,120 crore on strong demand

    Signature Global Q1 sales bookings jump 3.5x to Rs 3,120 crore on strong demand

    New Delhi: Real estate firm Signature Global on Sunday reported a 3.5-fold rise in sales bookings to Rs 3,120 crore for the April-June quarter due to high demand for its housing projects.The company's sales bookings stood at Rs 820 crore in the same period last year.According to a regulatory...
  13. Hyundai Motor sales in India reach record level ahead of planned IPO

    Hyundai Motor sales in India reach record level ahead of planned IPO

    According to Federation of Automobile Dealers Associations of India (FADA) data, Hyundai sold 272,207 units in India from January to June this year, up 2 percent compared to 266,760 units sold in the same period in 2023.According to the report of Yonhap news agency, this is the largest sales...
  14. Pixxel hopes to deliver satellites for IAF by mid-2025

    Pixxel hopes to deliver satellites for IAF by mid-2025

    New Delhi: The Indian Air Force (IAF) may launch satellites acquired from space firm Pixxel by mid-2025, boosting its capabilities to maintain surveillance at the country's borders and beyond.The IAF signed a contract with Bengaluru-based Pixxel Space, founded by young entrepreneurs Awais...
  15. JM Financial has approved a plan to consolidate its loan and distressed credit businesses

    JM Financial has approved a plan to consolidate its loan and distressed credit businesses

    New Delhi, Financial services group JM Financial on Saturday said it has decided to consolidate its stake in wholesale loan syndication and distressed loan businesses under a single platform.The consolidation aims to leverage JM Financial Group's expertise to achieve higher risk-adjusted...
  16. Worker dies after falling from crane at Tata Steel's Jamshedpur plant

    Worker dies after falling from crane at Tata Steel's Jamshedpur plant

    A 32-year-old employee died after falling from a crane at Tata Steelworks in Jamshedpur on Saturday, the company said in a statement.The crane operator was taken to Tata Main Hospital, where doctors declared him brought dead."It is with deep regret that we confirm a tragic incident at our...
  17. Paytm founder Vijay Shekhar Sharma says we should have done better, there is no secret in this

    Paytm founder Vijay Shekhar Sharma says we should have done better, there is no secret in this

    In New Delhi, Paytm founder Vijay Shekhar Sharma on Saturday spoke about what he learned from the RBI's action on Paytm Payments Bank and admitted that it was an emotional setback on a personal level, while on a professional level it was a lesson learned on how better fulfill responsibilities...
  18. Delhi Lieutenant Governor approves investigation against Satyendar Jain in CCTV corruption case; Sarcasm on business in AAP, BJP

    Delhi Lieutenant Governor approves investigation against Satyendar Jain in CCTV corruption case; Sarcasm on business in AAP, BJP

    New Delhi, Delhi L-G V K Saxena has approved a recommendation for a probe against jailed former Delhi minister Satyendar Jain in a corruption case related to installation of CCTV in the city, Raj Niwas officials said on Saturday.The ruling Aam Aadmi Party (AAP) alleged that the case against...
  19. Future Group's FMCG arm FCL has not paid Rs 449.04 crore till June end

    Future Group's FMCG arm FCL has not paid Rs 449.04 crore till June end

    New Delhi: Debt-laden Future Group's FMCG arm Future Consumer on Saturday said it has defaulted in payment of Rs 449.04 crore due to bank loans as well as bond holders of the company due June end.The total default till June 30, 2024 includes an amount of Rs 284.81 crore on loan and revolving...
  20. Paytm founder Vijay Shekhar Sharma lauds government's support for startup ecosystem

    Paytm founder Vijay Shekhar Sharma lauds government's support for startup ecosystem

    New Delhi, [India], Vijay Shekhar Sharma, founder of fintech company Paytm, praises the current government for creating an enabling environment for Indian startups to launch, grow and succeed. Speaking at the JITO Incubation and Innovation Foundation (JIIF) Innovation Conclave, Sharma...
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