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Kalpataru Projects receives orders worth Rs 2,273 crore

Kalpataru Projects International Limited (KPIL) on Wednesday announced that the company along with its Joint Ventures (JVs) and international subsidiaries have secured new orders of awards of Rs 2,273 crore. The orders received are for the Transmission & Distribution (T&D) business in India and overseas market, and residential building projects in India. Also ReadMiddle class

Q2 Result 2024 Live Updates: Eicher Motors, Vodafone Idea, Godrej Industries, Senco Gold, others releasing Q2 results today

Go to Live UpdatesQ2 Earnings 2024 Live Updates: While majority of companies across sectors including Tata Consultancy Services (TCS), HCL Technologies, Infosys, Wipro, Tech Mahindra, Reliance Industries,  Mahindra and Mahindra, Bharti Airtel, HUL, ITC, Marico, Dabur India, Nestle India, L&T, Adani Enterprises, Apollo Hospitals, Mankind Pharma, Nykaa, Godfrey Phillips, LIC, SBI, Axis Bank, HDFC Bank

Middle class hit by low wages, costly realty: Britannia’s Berry

The urban slowdown within the domestic fast-moving consumer goods (FMCG) market that has hurt the financial performance of most majors in the September quarter is due to rising housing prices and low wage hikes, Britannia’s vice chairman and MD Varun Berry said during an earnings’ call on Tuesday. Speaking to investors, Berry said, “The first

Shiprocket now turns to quick deliveries for offline merchants

Shiprocket, a Logistics unicorn, is betting on quick deliveries by offline merchants to fuel its next level of growth. In August this year, the Gurugram-based company launched Shiprocket Quick, an on-demand local delivery solution, to enable offline merchants to meet consumer expectations for 2-hour to same-day deliveries in categories such as food, grocery, pet care

Centre urges states to list electricity utilities

To meet the investment requirements in the power sector owing to rising demand, the government has suggested states and union territories to consider listing their power generation, transmission, and distribution companies on stock exchanges. Union minister for power Manohar Lal Khattar on Tuesday said that the country’s power sector requires an estimated investment of Rs

90 per cent of India-Russia trade in local currency now

Around 90% of trade between India and Russia is now being conducted using local or alternate currencies while the remaining still happens in other freely convertible ones, Russian Deputy Prime Minister Denis Manturov said Tuesday. “Share of local and alternative currencies keeps growing in bilateral trade. It is now approaching 90%. We deem it necessary

Nykaa’s profit zooms 66 per cent

Beauty and fashion firm FSN E-commerce, which operates Nykaa, posted a 66% jump in profit after tax (PAT) year-on-year to Rs 13 crore compared to Rs 7.8 crore a year ago. Revenue from operations stood at Rs 1,874.7 crore, up 24% from Rs 1,507 crore in Q2FY24. Ebitda stood at Rs 103.7 crore, up 29%

Q3 exports to grow 1.8 per cent on year: Exim Bank

India’s merchandise exports are expected to grow 1.85% on year in October-December quarter to $ 107 billion, according to a forecast. “Non-oil exports are forecast to amount $ 91.7 billion, with a y-o-y growth of 7.39%, during Q3 of FY 2025. Non-oil and non-gems and jewellery exports are forecast to amount $ 82.7 bn, with
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