Industry

India’s December trade deficit has come in lower than estimates at $21.94 billion compared to the revised November trade deficit of $32.84 billion. This is primarily on the basis of higher exports and month-on-month drop in overseas shipments. According to a Reuters poll, December trade deficit was expected to be at $27.33 billion Earlier last

Adani Green Energy Ltd (AGEL) on Wednesday announced that its operational capacity for the 9 months ended December 31, 2024, increased by 37 per cent on-year to 11,609 MW with greenfield addition of 2,693 MW solar and 438 MW wind power plants. In a regulatory filing, AGEL said that in terms of solar power plants

While majors in the IT sector like Tata Consultancy Services (TCS) and HCL Tech already having released their fiscal third quarter earnings, another giant in the industry, Infosys is all set to release its Q3 numbers on Thursday (January 16). Brokerage firms and analysts said that the company will post a muted revenue growth on

– By Deepak Binyani Imagine a nation where cities are not just centers of population but engines of global innovation, economic powerhouses, and beacons of sustainability. India stands at the threshold of this transformation, driven by the Smart Cities Mission—an initiative that has the potential to reshape our urban future and redefine the trajectory of

Infosys is likely to report muted earnings in the quarter ended December due to seasonal challenges. While revenue growth is expected to remain modest on a sequential basis, net profit is likely to see a slight increase. Analysts also anticipate a potential upward revision in the company’s revenue guidance for fiscal 2025. According to average

Fast-food chains in India are expected to feel the pressure of an ongoing economic slowdown in Q3FY25, as consumers continue to cut back on discretionary spending, particularly in urban areas, according to analysts. Despite the festive October-December quarter being crucial for quick-service restaurants (QSRs), Bernstein highlights hat high food inflation and low real wage growth

Wonderchef, the kitchen appliance brand backed by celebrity chef Sanjeev Kapoor, has turned profitable in FY24, reporting a net profit of Rs 1.5 crore, according to data from the Registrar of Companies (RoC). It was against a total loss of Rs 51.8 crore in FY23. Ravi Saxena, managing director of Wonderchef, told FE that the

BrightNight, a renewable power producer, on Tuesday announced that it has commissioned the first phase of its 115 MW hybrid renewable power project, Optima Maharashtra, in Dharashiv, Southern Maharashtra. This is one of the state’s first co-located wind-solar projects.  Spanning around 500 acres, Optima Maharashtra integrates advanced wind and solar technologies, powered by BrightNight’s proprietary