Tata Steel Q3 PAT declines 43% to ₹295 crore
Tata Steel Ltd. reported a 43% decline in third-quarter consolidated net profit to ₹295 crore compared with ₹522 crore in the year-earlier period. Consolidated sales income dropped 3% year-on-year to ₹54,231 crore. On a standalone basis, the company’s net profit for the quarter declined 17% to ₹3,879 crore from
Canara Bank posts 12% increase in Q3 net profit
Canara Bank on Monday reported 12.25% year-on-year growth in net profit for the third quarter ended December 31, 2024 at ₹4,104 crore. During Q3, the bank’s operating profit grew 15.15% to ₹ 7,837 crore. Its domestic deposit stood at ₹12,57,426 crore, a 7.76% year-on-year increase. Domestic advances (gross) stood at
Indian Oil Corporation Q3 Results: IOC posts record fuel sales but inventory losses tank Q3 profit by 64%
A view of the Indian Oil Corporation terminal. Photo used for representation purpose only. | Photo Credit: G.N. Rao Indian Oil Corporation (IOC), the nation’s biggest oil firm, on Monday (January 27, 2025) reported a 64% drop in its December quarter net profit as inventory and foreign exchange losses eroded
Kinaxis Announces Co-Development Partnership with University of Ottawa
Ottawa, Ontario, Canada: Kinaxis® (TSX:KXS), a global leader in end-to-end supply chain orchestration, today announced a partnership with the University of Ottawa (uOttawa) to co-innovate on technologies that power supply chain applications. The 5-year partnership will develop relevant and strategic innovation within AI/ML, optimization and
Zoho’s Sridhar Vembu transitions to Chief Scientist role; steps down as CEO to focus on R&D
Zoho Corporation CEO Sridhar Vembu stepped down to focus on the company’s research and development initiatives as its Chief Scientist. | Photo Credit: The Hindu Global technology firm Zoho Corporation CEO Sridhar Vembu has stepped down from the post to focus on the company’s research and development initiatives as its
Rupee falls 11 paise to close at 86.33 against U.S. dollar
The rupee closes at 86.33 against dollar, influenced by strong dollar demand, muted equities, and upcoming Union Budget. File | Photo Credit: The Hindu The rupee depreciated 11 paise to close at 86.33 (provisional) against the U.S. dollar on Monday (January 27, 2025), as strong dollar demand and a muted
Wheels India Q3 net profit surges 79% to ₹22.57 crore, revenue down 6%
Srivats Ram, MD, Wheels India Ltd | Photo Credit: Special Arrangement Wheels India Ltd for the third quarter ended December 31, 2024, reported net profit of ₹22.57 crore compared with ₹12.58 crore in the year ago period, up 79%. The company during the quarter registered revenues of ₹1,058 crore as
SLB Capturi and Aker Solutions Win Contract to Deliver Carbon Capture Solution for Hafslund Celsio
Oslo, Norway: SLB (NYSE: SLB) today announced that SLB Capturi, in collaboration with Aker Solutions, has been awarded an engineering, procurement, construction, installation and commissioning (EPCIC) contract from Hafslund Celsio AS to deliver a carbon capture solution at its waste-to-energy facility in Klemetsrud, Oslo. Hafslund
Godrej Enterprises Group Launches GEEVEES Awards 2025
The Locks and Architectural Solutions, a business unit of Godrej Enterprises Group, a name synonymous with trust, quality is pleased to announce the launch of the fourth season of the GEEVEES Awards 2025, a platform dedicated to recognizing innovation and excellence in architecture and interior design. The award has been
Union Budget 2025: MGNREGA wages must be increased to ₹400 per day, says Jairam Ramesh
Accusing the Modi government of perpetuating a policy of indifference to the plight of MGNREGA workers, the Congress on Monday (January 27, 2025) demanded that the Union Budget must increase MGNREGA wages and the Aadhar-Based Payment Bridge Systems not be made mandatory. The Opposition party demanded that MGNREGA wages be