India could allow foreign companies to take a stake of up to 49% in its nuclear power plants, three government sources said, as New Delhi draws up plans to open up its most-guarded sector to help achieve goals to cut carbon emissions. The government has considered changing its nuclear foreign investment framework since 2023. The
Airtel has launched a new international roaming plan for its users that will be applicable in 189 countries. The new international roaming plan aims to smooth the user experience in different countries without worrying about different international roaming zones and recharge packs. ALSO READBharti seeks equity swap for AGR dues The plan offers users access
Nestle India released its fourth quarter results for FY25 on Thursday wherein it posted profit for the period at Rs 873.46 crore, missing estimates. This was down 6.50 per cent in comparison to Rs 934.17 crore recorded during the corresponding quarter of FY24. It posted revenue from operations at Rs 5503.88 crore, posting a growth
Suzlon Energy Ltd on Wednesday announced that it has consolidated its largest partnership with NTPC Green Energy Ltd (NGEL) to 1,544 MW, with a recent award win of 378 MW wind energy project. In a regulatory filing, the company said that the win strengthens Suzlon’s undisputed market leadership and commitment to sustainable, large‐scale growth. As
The past week saw major banking companies in the news for varied reasons – be it better-than-expected quarter results or probe on discrepancy cases. In the last month, the Bank Nifty has risen nearly 8 per cent in 5 days and 9 per cent and it has gained over 8 per cent so far in
Eyeing a strong recovery, the cement industry is expected to report volume growth of 5-6 per cent YoY in Q4FY25, stated a report by Nomura. This, it added, will be on the back of improved demand and channel stocking. “Within our coverage universe, we expect Ultratech and Ambuja to have recorded the highest volume growth
Eversource Capital is reportedly in advanced discussions to acquire BluSmart for approximately Rs 850 crore. According to a CNBC-TV18 report, the investment firm has made a non-binding offer and is expected to reach a final decision within the next two weeks. ALSO READWill return wallet balance to customers in 90 days: BluSmart As part of
Cognizant Technology Solutions has disclosed in its latest regulatory filing that its Chief Executive Officer, Ravi Kumar, received a total annual compensation of $16.1 million for 2024, marking an 11% increase from the previous year. In 2023, Kumar’s total compensation stood at $22.6 million, boosted by a significant one-time equity award granted at the time
Prices of real estate in the surrounding areas of Jewar airport in Noida have nearly doubled in the last three years with property developers vying with one another to pick up land parcels. About 390 acres of land near the Noida International airport, along the Yamuna Expressway, has been snapped up in last 12 months, according
Reliance Jio continued to lead the monthly mobile subscriber additions for the second month in a row, registering 2.17 million new users in March, according to the data released by the Telecom Regulatory Authority of India (Trai). Bharti Airtel, country’s second largest telco, added 1.25 million subscribers during the month. After losing 20,720 subscribers in
Tension between India and Pakistan continues to grow in the aftermath of Operation Sindoor. However, the markets have shown a significantly mature reaction to the uncertainties across the border. The indices are in wait and watch mode but that doesn’t mean that the market is short of bargain buys. Leading brokerage house, Motilal Oswal has
Taxpayers can now file their returns for the recently concluded financial year using several forms notified recently by the Central Board of Direct Taxes. The Income Tax Department has officially released ITR Forms 1 to 5 over the past fortnight — with the other documents expected in the coming days. Several changes have been introduced
KFC, Pizza Hut operator Sapphire Foods on Wednesday released its fiscal fourth quarter earnings report wherein profit remained flat at Rs 2.02 crore. It posted revenue from operations at Rs 711.34 crore. This was 12.61 per cent higher in comparison to Rs 631.70 crore recorded during the corresponding quarter of FY24. The company EBITDA stood
