[ad_1] Indian conglomerate Essar Group plans to make Saudi Arabia a hub to drive its expansion locally and regionally, its chief executive Prashant Ruia said on Wednesday. […]
GMR Airports purchases 11% more stake in GMR Hyderabad Airport for $100 mn
[ad_1] GMR Airports Limited (GAL) on Wednesday said it will increase its stake in GMR Hyderabad International Airport Limited (GHIAL) by acquiring an 11 per cent stake […]
Net profit down 61.6%, revenue drops 2%
[ad_1] Mahindra & Mahindra group’s IT services business, Tech Mahindra’s net profit for the second quarter of FY24 was down 61.6 per cent at Rs 494 crore. […]
HMD Global expects 25-30% sales growth in Nokia phones with Easy Pay launch
[ad_1] Nokia brand mobile device maker HMD Global expects a 25-30 per cent increase in sales in handsets on the back of the introduction of Easy Pay […]
IOC starts producing ‘reference’ petrol, diesel for testing automobiles
[ad_1] Indian Oil Corporation (IOC) has begun producing specialised ‘reference’ petrol and diesel, which are used for testing automobiles, for the first time in India, sources said. […]
Net profit falls 61% YoY to Rs 505 crore
[ad_1] [L to R] – CP Gurnani, Chief Executive Officer & Managing Director, Tech Mahindra and New CEO & MD Mohit Joshi (Photo: Kamlesh Pednekar) The consolidated […]
Hilton’s revenue rises by 12%, beat estimates on record lodging prices
[ad_1] Hilton Worldwide Holdings beat Wall Street estimates for third-quarter revenue and lifted its annual forecast on Wednesday, as record lodging prices and higher occupancy levels boosted […]
Net profit up 10% to Rs 5,864 crore, NII up 19%
[ad_1] Private lender Axis Bank on Wednesday reported a 10.01 per cent rise in its standalone net profit of Rs 5,863.56 crore in the quarter that ended […]
Adani Group’s auditor EY faces inquiry by national accounting regulator
[ad_1] Anders Melin and Anto Antony One of the Adani Group’s longtime auditors is being scrutinized by India’s accounting regulator, according to people familiar with […]
Jio can deploy 5G cell every 10 sec, deployed 85% 5G in India: Akash Ambani
[ad_1] Telecom major Reliance Jio has deployed 85 per cent 5G network in India and has the capability to deploy one 5G cell in every 10 seconds, […]