Suzlon on Tuesday said it has got a third order of 204.75 MW from Jindal Green Wind 1, a subsidiary of Jindal Renewables. This partnership is also now Suzlon’s largest Commercial & Industrial (C&I) order with a cumulative capacity of 907.20 MW. Earlier, Suzlon secured two orders to power Jindal Steel’s plants in Chhattisgarh and
Coforge has signed a 13-year partnership contract worth approximately $1.56 billion with US-based Sabre Corporation, a travel technology company. The agreement aims to strengthen the existing collaboration between the two firms, enabling Sabre to enhance its product roadmap and accelerate the delivery of AI-enabled solutions. Speaking on the partnership, Sudhir Singh, CEO & Executive Director
Overall improvement in demand sentiment and green shoots of recovery visible in the urban areas are likely to ease the pains of FMCG companies from the January-March quarter, according to industry experts. However, they noted that commodities like coffee, tea, and cocoa continue to face inflationary pressures and will require close monitoring. ALSO READDeepinder Goyal’s
The fourth quarter of the current fiscal year is expected to see a record Rs 60,000 crore launches of projects by top listed developers. This is a substantial increase from the Rs 24,000 crore worth launches in the corresponding period of the previous year. A recent report by Kotak Institutional Equities attributed the sharp increase
The Competition Commission of India (CCI) has dismissed an antitrust case against Microsoft for bundling the Windows 10 operating system (OS) with its pre-installed antivirus software. The regulator ruled that the there is no indication that Microsoft has placed any restrictions or mandatory conditions on users regarding the use of Microsoft Defender, the anti-virus software.
Aadit Palicha, co-founder and CEO of Zepto, on Tuesday termed as “inaccurate”, the statement made by Zomato founder and CEO Deepinder Goyal that more than half of the quarterly cash burn in the quick commerce industry comes from the Bengaluru-based firm alone. Palicha was referring to a statement made by Goyal in an interview to
Amid global uncertainties and supply chain disruptions, prime minister Narendra Modi on Tuesday asked the industry not to be a mere spectator, but to take advantage of the opportunities by investing more. Speaking in a webinar with stakeholders to finalise the blueprint for implementing measures announced in the budget, he said new modes of credit
With the looming uncertainty due to rising trade tensions and economic uncertainties on the back of Trump tariffs, brokerage firms are trimming their earnings estimates for the IT services players. In line with this, InCred Equities has trimmed its earnings estimates for Tata Consultancy Services (TCS) to ‘account for tariff-led uncertainty’. The brokerage firm had
Gold prices have reached an unprecedented milestone, surpassing $3,000 an ounce for the first time in history. This surge is largely fuelled by a vigorous buying spree by global central banks, states Bloomberg. Since Russia’s 2022 invasion of Ukraine, central banks have increasingly turned to gold to diversify reserves and reduce dependency on the US
Gold pierced through the psychological milestone of $3,000 an ounce on Friday for the first time, building on an historic rally as trade tensions and U.S. rate cut bets supercharge its appeal as a safe haven asset. Spot gold was up 0.4% at $3,000.39 an ounce at 1031 GMT. Prices have scaled 13 all-time highs
Asia shares rose on Friday and global markets attempted a rebound after a brutal selloff earlier in the week, while gold reached a record as the latest escalation of global trade tensions left nervous investors seeking safe-haven assets. Relief over the likely aversion of a US government shutdown boosted stocks in Asian trade, after Senate
When it comes to amassing vast wealth, the general perception is that billionaires are just lucky. But the reality is different. Billionaires invest very wisely to grow their wealth. Their strategies are so effective that not only do they increase their wealth, but they also do not have to pay much tax. Let’s know what
After a brief lull in big-ticket IPOs, the Indian stock market is gearing up for another major listing – this time from a household name in consumer electronics. After Hyundai Motors India made waves last year, another South Korean giant, LG Electronics India, is ready to debut on the Indian stock exchanges. The consumer electronics
