A preliminary technical investigation into the blast at the Vedanta power plant in Chhattisgarh’s Sakti district has found that excessive fuel accumulation inside the boiler furnace led to a pressure…
Category: Companies
Waaree Renewable Technologies net up 66% to nearly ₹156 cr in March quarter
Waaree Renewable Technologies on Thursday posted over 66 per cent rise in its consolidated net profit to ₹155.72 crore in the March quarter compared to the year-ago period, mainly on…
Tata Sons Chairman says ‘no conflict’ in Srinivasan engaging McGovern to advise on Norton
There was no conflict of interest in Venu Srinivasan having engaged Gerry McGovern, who was then the Chief Creative Officer of Jaguar Land Rover, as consultant for Norton Motorcycles, according…
Delhi court sends ex-Reliance Group executives to 5 days’ ED custody
A Delhi court on Thursday sent former senior executives of Reliance Anil Ambani Group (RAAG) Amitabh Jhunjhunwala and Amit Bapna to five days of ED custody in an alleged bank…
LIV CEO claims business as usual amid reports of demise
LIV Golf CEO Scott O’Neil admitted the nascent golf league’s finances are “managed very tightly” and said structural changes are on the way, but he remained adamant Thursday that the…
HDFC Bank, ICICI Bank likely to post steady Q4; focus on commentary
HDFC Bank and ICICI Bank will kick off the banking sector’s March-quarter earnings season on Saturday, with brokerages expecting a stable performance but watching closely for management commentary on margins,…
India is one of our fastest-growing markets in Asia, says CTO of analytics platform Clickhouse
India is the one of fastest-growing markets in Asia for real-time analytics and artificial intelligence observability platform Clickhouse, according to a top executive at the firm. “On the revenue side,…
New York loses nearly $74 million for not revoking 33,000 illegal licenses for immigrant truckers
New York will lose more than $73.5 million in federal money because the Transportation Department said Thursday that state has refused to revoke nearly 33,000 for immigrants since an audit…
Trump Weighs Appointing Michael Murray to Lead Antitrust at DOJ
The White House is considering nominating attorney Michael Murray, who worked in the previous Trump administration, to lead antitrust enforcement at the US Justice Department, according to people familiar with…
Wipro announces ₹15,000 crore buyback amid revenue decline, weak outlook
Wipro Ltd on Thursday announced its largest-ever share buyback of ₹15,000 crore, even as India’s fourth-largest information technology (IT) services company capped a third straight year of revenue decline, and…