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
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
Omantel and Airgain Partner to Redefine 5G Connectivity Across MENA
San Diego, United States: Omantel, the leading telecommunication services provider in the Sultanate of Oman, has formed a multi-year strategic partnership with Airgain Inc. (NASDAQ: AIRG), a global frontrunner in wireless connectivity solutions, to redefine 5G connectivity across the Middle East and North Africa (MENA)
Godrej Design Lab’s Conscious Trends Report Highlights India’s Role in Global Decarbonization Efforts
New Delhi, Delhi, India: Godrej Design Lab, part of the Godrej Enterprises Group, in collaboration with the Council on Energy, Environment and Water (CEEW) and Integrative Design Solutions (IDS), has unveiled the ‘Building a Climate-Conscious India: Scalable Solutions for a Low-Carbon Built Environment’ report at
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
Draft legal metrology rules released promptly to ensure real Indian time
New Delhi: The government on Monday notified rules to harmonize all Indian clocks with indigenous atomic clocks to lend the Indian Standard Time a “millisecond to nanosecond accuracy”. The draft Legal Metrology (Indian Standard Time) Rules, 2025, notified by the Department of Consumer Affairs (DoCA), seeks to ensure
Hytera to Showcase Latest Mission-Critical Communication Technologies at MWC25
Shenzhen, China: Hytera Communications (SZSE: 002583), a leading global provider of professional communications technologies and solutions, is thrilled to announce its participation in the Mobile World Congress 2025 (MWC25), taking place from March 3rd to 6th, 2025, at the Fira Gran Via in Barcelona, Spain.
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