Reliance Consumer Products firm acquires SIL Foods
Bengaluru-based Reliance Consumer Products Limited (RCPL) has announced the acquisition of Mumbai-based SIL Foods for an undisclosed sum. This acquisition marked a significant milestone for RCPL in its pursuit of building a futuristic business with a solid foundation, the company said in a statement on Wednesday. “Reliance Consumer Products is
Politics News Today Live Updates on January 26, 2025: Critical of dynasty politics, Nitish Kumar to now welcome son into JDU? Nishant likely to join politics after Holi
Politics News Today Live Updates: In today’s complex political climate, understanding the latest developments is essential. Our Politics News delivers comprehensive coverage of government actions, policy changes, and significant political events both nationally and globally. Whether it’s legislative reforms, political debates, or diplomatic talks, we provide in-depth analysis and timely
Windfall for Telangana at Davos as Sun Petrochemicals to invest ₹45,500 crore
Telangana Chief Minister A. Revanth Reddy with AP Chief Minister N. Chandrababu Naidu and Maharashtra Chief Minister Devendra Fadnavis at the World Economic Conference in Davos, Switzerland on Wednesday. The third day of the World Economic Forum saw a windfall for Telangana as the government signed MoUs worth thousands of
OpenAI, SoftBank each commit $19 billion to Stargate AI data center: Report
On Tuesday, U.S. President Donald Trump announced that OpenAI, SoftBank Group and Oracle will unveil Stargate and invest $500 billion over the next four years [File] | Photo Credit: AP OpenAI and Japanese conglomerate SoftBank will each commit $19 billion to fund Stargate, a joint venture to develop data centers
Rupee declines 5 paise to 86.40 against US dollar in early trade
The rupee declined 5 paise to 86.40 against the US dollar in early trade on Thursday (January 23, 2025) amid a strengthening greenback. While a drop in crude oil rates and an upward trend in the domestic equity markets prevented further decline in the local currency, forex traders expected it
Business journey observability platform VuNet Systems raises ₹60 crore in Series B round
From left – Bharat Joshi, Jithesh Kaveetil and Ashwin Ramachandran | Photo Credit: Special Arrangement VuNet Systems, a provider of AI-based Business Journey Observability, said it has raised ₹60 crore in a Series B funding round to accelerate global expansion and strengthen product innovation. The round was led by Pravega
Can implement new pilot duty, rest norms in a phased manner from July 1, DGCA tells Delhi High Court
One of the key elements of the DGCA proposal made public in January 2024 but hanging fire is the curtailment of night flying, which has been opposed by both IndiGo and Air India. | Photo Credit: The Hindu The DGCA informed Delhi High Court on Thursday (January 23, 2025) that
UltraTech Cement Q3 PAT down 17% to ₹1,474 crore, sales volume up 10% YoY
UltraTech Cement Ltd, an Aditya Birla Group company, for the third quarter ended December 31 reported a 17% decline in consolidated net profit to ₹1,474 crore as compared with ₹1,775 crore a year earlier. Revenue from operations grew marginally by 2.7% to Rs 17,193 crore from Rs 16,740 crore in the same period last year. During the quarter,
Rupee rises 18 paise to 86.26 against U.S. dollar in early trade
On January 23, 2025, Rupee declined nine paise to settle at 86.44 against the U.S. dollar. File | Photo Credit: The Hindu Rupee appreciated 18 paise to 86.26 against the U.S. dollar in morning trade on Friday (January 24, 2025), supported by positive domestic equities and soft American currency index.
Sale of profit-making FSNL to Japanese company anti-national: CITU
Tapan Sen, former MP and CITU general secretary. | Photo Credit: RAO GN Left-leaning Centre of Indian Trade Unions (CITU) has questioned the Union government’s decision to sell public sector firm Ferro Scrap Nigam Limited (FSNL) to a Japanese corporation. A subsidiary of MSTC Limited, the FSNL had recently made