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Reliance Jewels on Wednesday announced the launch of its newest collection, Aabhar, marking a milestone of 17 years in the business. The curated jewellery collection of this year’s Aabhar includes a special collection of earrings created as a heartfelt tribute to customers, whose constant support and loyalty have been an integral part of the brand’s […]
JioFinance has taken an important move towards its global expansion by enabling payments in Paris. This is the first overseas market expansion for the company as the JioFinance app is now available for transactions at certain tourist sites in the capital city of France. JioFinance will enable payments for tickets to renowned attractions like the […]
Adani Power Ltd. (APL) on Wednesday announced its financial results for the first quarter ended June 30, 2024. On the financial results, CEO of Adani Power Limited, S B Khyalia said, “As Adani Power grows from strength to strength, we have undertaken advanced development activities to secure execution pipelines for three ultra-supercritical projects of 1,600 […]
India’s leading City Gas Distribution (CGD) company Adani Total Gas Ltd (ATGL) on Monday announced its operational and financial performance for the quarter ended on June 30. “It has been a good start for FY25 as ATGL delivered a robust operational and financial performance by achieving a 21% YoY EBITDA growth on the back of […]
Semiconductor company MediaTek and Jio Platforms subsidiary JioThings have jointly unveiled an indigenously made Internet of Things platform for the two-wheeler EV industry. According to the statement, the platform’s purpose is to increase MediaTek and Jio Things’ worldwide footprint in the two-wheeler industry by offering Smart Digital Cluster and Smart Module that are specifically designed […]
Adani Green Energy Ltd. (AGEL) on Thursday released its financial results for the quarter that ended on June 30, 2024, showing notable growth and exceptional operational performance. On the financial results, AGEL CEO Amit Singh said, “We are working relentlessly towards the development of world’s largest single-location renewable energy plant of 30 GW at Khavda […]
A delegation from the Gem & Jewellery Export Promotion Council (GJEPC), led by Chairman Vipul Shah, met the key members from the Kashmir Chamber of Commerce & Industry (KCCI) and All Kashmir Gold Dealer Association as well as local gem and jewellery trade members. Also, in attendance from GJEPC were Kirit Bhansali, Vice Chairman, Nirav […]
Reliance Industries on Friday disclosed a 4 per cent year-on-year (YoY) decline in the June quarter’s (Q1 FY25) consolidated net profit, even as its revenue moved up 11.5 per cent YoY. Strong contributions from the consumer and upstream sectors have helped the company’s consolidated EBITDA for the reviewed quarter rise, more than compensating for the […]
After a dream run for the last two years, salary hikes in IT companies in the country are falling to single-digit percentages. For many IT professionals, excluding a select club of top performers and those with niche skills, salary increases have moderated in the range of 5% to 9% in financial year 2023-24. Three of […]
Sirius Digitech Limited, a joint venture between the Adani Group and Sirius International Holding (Sirius), a subsidiary of International Holding Company (IHC), signed a deal for the acquisition of Coredge.io Private Limited, a cutting-edge sovereign AI and cloud platform company. “As nations increasingly prioritise data security, it is more important than ever that organisations have […]
Adani Ports & SEZ has announced the arrival of the first mother ship at its Vizhinjam port, marking a significant milestone in India’s maritime history. This event positions Vizhinjam as a key player in global transshipment. The inauguration was led by Kerala’s Chief Minister, Pinarayi Vijayan, with V. N. Vasavan, Kerala’s Minister for Ports, presiding over the gathering. Sarbananda Sonowal, […]
The US-based short seller Hindenburg Research shared an early access copy of its report against the Adani Group of companies with the New York-based hedge fund manager Mark Kingdon, two months before publishing it which resulted in profiting from a deal from the share price movement, as per apex securities market regulator of India,. The […]
‘Koo’ co-founders Mayank Bidawatka and Aprameya Radhakrishna on Wednesday decided to shut down the multilingual social media platform after many attempts to get investors were unsuccessful. “Here’s the final update from our end. Our partnership talks fell through, and we will be discontinuing our service (Koo platform) to the public. We explored partnerships with multiple […]
Hindenburg Research has named Uday Kotak as the facilitator of the bet against Gautam Adani for its client, Kingdon Capital, on Tuesday in response to a show cause notice from the Securities and Exchange Board of India (SEBI), adding a new twist to the controversy surrounding its report on the Adani Group. According to the […]
Following the achievement of the first WomenLeaders India Fellowship driven by Reliance Foundation and Vital Voices to support women leaders in the social sector in 2022–23, Reliance Foundation and Vital Voices have opened applications for the 2024–25 cohort on Monday. The Reliance Foundation is the philanthropic arm of Reliance Industries Limited. For the first time, […]
A home loan is a significant financial commitment. Managing it well is crucial for financial stability. One useful tool that can help is a home loan instalment calculator. Here’s what you need to know about them. What is a Home Loan Instalment Calculator? A home loan instalment calculator helps you calculate your monthly home loan […]
Gold can never lose its glitter for Indians. No matter how poor or rich a person is, a piece of gold jewellery will always be a staple asset in his locker. It is a financially prudent move to invest in gold. A study has found that an average Indian household has 18% of their total […]
The gross non-performing asset (GNPA) ratio for Indian banks plummeted to a 12-year low of 2.8% in March 2024. According to the Reserve Bank of India’s (RBI) recently released Financial Stability Report, this ratio is projected to decrease further to 2.5% by the end of the financial year 2024-25. Understanding GNPA Ratio: The GNPA ratio […]
Reliance Industries Limited’s subsidiary, Model Economic Township Limited (METL), has proudly welcomed BEUMER India as its first German customer to the integrated greenfield Smart City, MET City in Jhajjar, Haryana. This exciting development marks the expansion of the MET City family to over 570 companies from 10 different countries. BEUMER India conducted a ground-breaking ceremony […]
Paytm, the digital payments and financial services company owned by One 97 Communications, is making significant strides in its travel segment. The company recently announced partnerships with renowned travel aggregators such as Skyscanner, GoogleFlights, and Wego. Additionally, Paytm plans to collaborate with international aggregators, including Cambodia Angkor Air, SalamAir, and FlyDubai. The disclosure, filed under […]
