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Tata Power Trading, a subsidiary of Tata Power, and Singapore-based asset manager and operator Keppel have entered into a strategic collaboration to launch Cooling-as-a-Service (CaaS) solutions in India. CaaS offers businesses and building owners long-term, energy-efficient cooling solutions without the need for heavy infrastructure investment, enabling significant energy and cost savings, the companies said in

The Securities and Exchange Board of India (SEBI) proposed on Thursday to mandate that valuations of mutual fund investments in repo transactions with a tenure of up to 30 days be conducted on a mark-to-market basis, aligning them with the norms for all other money market and debt instruments. Currently, the valuation of repurchase (repo)

Godrej Consumer Products (GCPL) on Thursday reported a 13.5% year-on-year rise in consolidated net profit to Rs 491 crore for the quarter ended September 30 (Q2FY25), marginally below Street estimates of Rs 499 crore. Revenue from operations was up nearly 2% y-o-y to Rs 3,667 crore, which compares favourably with a Rs 3,631-crore estimate by

The top Muhurat trading picks of 2023 have given an average return of nearly 6%, significantly underperforming the benchmark indices. While only 3 of the 12 gave returns above benchmark indices, none outperformed broader market indices. The data considers recommendations made by 11 brokerage firms for Samvat 2080, and includes only 12 stocks which were

Kia launched the new-gen Carnival called Carnival Limousine earlier this month at a price of Rs 63.90 lakh (ex-showroom). This makes the new Carnival almost Rs 30 lakh dearer than its predecessor. Interestingly, Kia claims the new Carnival to be locally assembled CKD model whereas the previous-gen model was a fully-imported CBU. The Korean carmaker

Worker safety at construction sites is a critical concern, especially considering the high-risk nature of the industry. Construction workers face numerous hazards daily, from falls to machinery accidents, and tragically, many lives are lost each year due to accidents that could have been prevented. According to recent data, accidents at construction sites in India have

8th Pay Commission: The National Council of the Joint Consultative Machinery (JCM), the apex body in the JCM scheme which deals with various issues affecting central government employees, will reportedly hold a meeting next month. The scheme of JCM is a platform for constructive dialogue between the representatives of the staff side and the official

Petronet LNG on Thursday reported a surge of 4% in its consolidated net profit on year at Rs 848.99 crore in the quarter ended September. However, on a sequential basis, the company’s net profit declined by as much as 23% due to a decline in the revenue from operations. The company’s revenue from operations for