BUSINESS

Hyderabad: Cygni opens 4.8 GWh BESS Gigafactory, to double output by 2027
May 4, 2025

Hyderabad: Cygni opens 4.8 GWh BESS Gigafactory, to double output by 2027

Set up with an investment of over Rs.100 crores, the 1,60,000 sq. ft Phase-I facility is located on a 5-acre…
Huge interest among global firms to collaborate with Indian Institute of Creative Technology: Vaishnaw at WAVES event
May 4, 2025

Huge interest among global firms to collaborate with Indian Institute of Creative Technology: Vaishnaw at WAVES event

The Information and Broadcasting minister made these remarks after seven leading firms — JioStar, Google, Adobe, Meta, Apple, NVIDIA and…
SBI Q4 profit declines 10 per cent to Rs 18,643 crore
May 4, 2025

SBI Q4 profit declines 10 per cent to Rs 18,643 crore

India’s biggest lender had earned a profit of Rs 20,698 crore in the January-March period of 2023-24 New Delhi: State Bank…
India bans direct, indirect imports of all goods from Pakistan
May 4, 2025

India bans direct, indirect imports of all goods from Pakistan

A provision in this regard has been added in Foreign Trade Policy (FTP) 2023 “to prohibit direct or indirect import…
Coal India Ltd’s coal offtake drops to 63.4 MT in April
May 3, 2025

Coal India Ltd’s coal offtake drops to 63.4 MT in April

Coal offtake refers to the volume of coal supplied from a coal pithead. It’s different from coal production as it…
Majority of iPhones sold in US will be made in India in June quarter: Apple CEO
May 3, 2025

Majority of iPhones sold in US will be made in India in June quarter: Apple CEO

During the company’s second-quarter earnings call, Apple CEO Tim Cook said that Vietnam will become the country of origin for…
Sensex surges over 800 points, Nifty hits record high on India-US trade deal hopes
May 3, 2025

Sensex surges over 800 points, Nifty hits record high on India-US trade deal hopes

A strong global market trend further bolstered investor sentiment, lifting equities. The 30-share BSE Sensex rallied 500.81 points to 80,743.05…
Rupee rallies 77 paise to 83.77 against dollar amid robust GST data and foreign inflows
May 3, 2025

Rupee rallies 77 paise to 83.77 against dollar amid robust GST data and foreign inflows

Forex traders noted that GST collections surged to a record ₹2.37 lakh crore in April, indicating strong domestic demand. Additionally,…
Eternal to shut Zomato Quick, Everyday businesses
May 3, 2025

Eternal to shut Zomato Quick, Everyday businesses

Zomato, which re-branded itself to Eternal in March, reported a net profit of Rs 39 crore for the fourth quarter…
Prime Minister Modi to commission Vizhinjam seaport on May 2
May 2, 2025

Prime Minister Modi to commission Vizhinjam seaport on May 2

Vizhinjam is India’s first dedicated transshipment port and also the country’s first semi-automated port. The deep-water port has been developed…
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