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
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
To end birthright citizenship, Donald Trump misreads the constitution
In his inauguration speech Donald Trump promised that, in his administration, “we will not forget our constitution.” Before the day was over, Mr Trump had signed an executive order that, if implemented, would apparently end birthright citizenship, which is guaranteed by the 14th Amendment to the constitution. According to the
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
Philips Launches AI Enabled CT 5300 at AOCR 2025
Chennai, Tamil Nadu, India: Royal Philips (NYSE: PHG, AEX: PHIA), a global leader in health technology, launched the AI enabled CT 5300 at the 23rd Asian Oceanian Congress of Radiology (AOCR) 2025. Philips also celebrated the installation of 1500+ Helium Free 1.5T wide Bore (70 cm)
Rupee falls 22 paise to 86.44 against US dollar in early trade
The rupee depreciated 22 paise to 86.44 against the US dollar in early trade on Monday (January 27, 2025), weighed down by the strength of the American currency in the overseas market and a muted trend in domestic equities. Forex traders said the Indian rupee gained on Friday (January 24,