Govt may consider giving agri subsidies via direct benefit transfer: Shivraj Singh Chouhan
New Delhi, Jan 27 (PTI) The government is trying to bring policy-level changes for simplifying agriculture, Union Minister Shivraj Singh Chouhan on Monday said and indicated that providing subsidies on fertiliser, seed and farming equipment through direct benefit transfer could be considered in the future. In an interaction with farmers,
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
FrieslandCampina Selects Wipro to Transform their IT Operations
Amersfoort, Netherlands & Bengaluru, Karnataka, India: Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO), a leading technology services and consulting company, today announced that it has been selected by FrieslandCampina, a global dairy company with over 150 years of heritage, as their trusted strategic
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
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
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