Business
7 Indian startups approved for chip designing: Rajeev Chandrasekhar

7 Indian startups approved for chip designing: Rajeev Chandrasekhar

29-07-2023  comments

Bengaluru (IANS) The government aims to build a robust, globally competitive presence in the global semiconductor ecosystem in the next 10 years and so far, seven chip design startups have been approved for funding and assistance in developing their…

Competitive behaviour needs to be gauged prior to market monopolisation, says Parliamentary panel

Competitive behaviour needs to be gauged prior to market monopolisation, says Parliamentary panel

28-07-2023  comments

New Delhi (IANS) A Parliamentary panel has taken serious note of the challenges posed by the winner-take-all markets where winners emerge within a few years of the market having evolved, and by the time, anti-competitive policies are formulated, the…

India's electronics manufacturing jumps from $30 bn to $100 bn: PM Modi

India's electronics manufacturing jumps from $30 bn to $100 bn: PM Modi

28-07-2023  comments

Gandhinagar (IANS) Prime Minister Narendra Modi on Friday revealed that India’s electronic manufacturing has exceeded $100 billion from $30 billion in 2014.

He made the revelation after officially opening the SemiconIndia 2023 here.

The…

IOC logs Rs 13,750 crore Q1 PAT

IOC logs Rs 13,750 crore Q1 PAT

28-07-2023  comments

Chennai (IANS) Oil marketing major Indian Oil Corporation Ltd (IOC) on Friday said it closed the first quarter of FY24 with a net profit of Rs 13,750.44 crore.

In a regulatory filing, the company said during Q1FY24, it had earned a total income…

Pre-booking for 'Make in India' foldables begins in India with cool pricing, attractive offers

Pre-booking for 'Make in India' foldables begins in India with cool pricing, attractive offers

27-07-2023  comments

Seou (IANS) Samsung on Thursday announced the availability of its next generation of 'Make in India' foldables, Galaxy Watch and new tablets in the country that will go on pre-booking from July 27 (12 noon onwards) across all leading online…

Resolution of top insolvency cases marred by low realisations

Resolution of top insolvency cases marred by low realisations

27-07-2023  comments

New Delhi (IANS) Jaypee Infratech resolution under IBC has netted the highest realisation as a percentage of admitted claims at 88 per cent among the top ten cases.

Jaypee Infratech insolvency commenced in 2017 and concluded in 2023 with the…

Centre plans to bring PLI scheme for chemicals, petrochemicals sectors: Sitharaman

Centre plans to bring PLI scheme for chemicals, petrochemicals sectors: Sitharaman

27-07-2023  comments

New Delhi (IANS) The central government has said that it will look at bringing a productivity-linked incentive (PLI) scheme for the chemicals and petrochemicals sector.

Addressing an industry body event organised by FICCI, Finance Minister…

Nestle India logs Rs 698 cr PAT for Q2, extends financial year

Nestle India logs Rs 698 cr PAT for Q2, extends financial year

27-07-2023  comments

Chennai (IANS) Nestle Ltd on Thursday said it closed the second quarter of FY23 with a net profit of Rs 698.34 crore.

In a regulatory filing, the company said during the second quarter of FY23, it had earned a total income of Rs 4,682.48 crore…

Reliance, L&T lead Sensex surge

Reliance, L&T lead Sensex surge

26-07-2023  comments

New Delhi (IANS) Globally market participants will be closely watching US Federal Reserve chief Jerome Powell’s comments about the disinflation process in the US and the likely trend in interest rate, says V.K, Vijayakumar, Chief Investment Strategist…

Punjab National Bank logs Rs 1,255 cr Q1 PAT

Punjab National Bank logs Rs 1,255 cr Q1 PAT

26-07-2023  comments

Chennai (IANS) Public sector Punjab National Bank on Wednesday said it closed the first quarter of FY24 with a net profit of Rs 1,255.41 crore.

In a regulatory filing, the bank said it closed the Q1FY24 with a total income of Rs 28,579.27 crore…

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