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
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
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
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
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,