India’s renewable energy RE) ambitions could increase the country’s annual solar import bill to $ 30 billion from $ 7 billion currently with most of it coming from China and as the entire world faces the same issue in its efforts to decarbonise key countries need to unite to global scale solar manufacturing facilities, according
By Dr Mohit Tantia Rajasthan has emerged as a prime destination for solar energy investment, not just in India, but globally. With an impressive installed capacity of 22,860 MW, the state now ranks first in the country in solar energy production. As India pushes toward its ambitious goal of achieving 500 GW of non-fossil fuel
India has proposed to the United States to convert their memorandum of understanding in critical minerals into a critical minerals agreement (CMA) that will give the benefits of a free trade agreement to the trade of electric vehicles. “I have suggested that our critical minerals MoU should be converted to critical minerals partnership agreement and
Kotak Mahindra Bank’s standalone profit rose 5% to Rs 3,344 crore in the second quarter of current fiscal from Rs 3,191 crore in the same quarter previous year, helped by healthy growth in net interest income and improvement in asset quality. The net profit was below expectations as Bloomberg analysts expected the lender to post
Tech Mahindra reported a higher-than-expected earnings in the September quarter on the back of improved revenue growth in communications, hi-tech and media, and banking, financial services and insurance verticals. The consolidated revenue rose over 2% sequentially to Rs 13,313.2 crore in July-September against Rs 13,005.5 crore reported in the June quarter. The topline also beat
Indian business leaders have launched a promising round of discussions in Mexico, aiming to unlock fresh trade and investment opportunities. The high-profile meeting, organized by the India México Business Chamber under the leadership of Amparo Kushelevich, signals a deeper alignment between the two nations as they explore ways to boost economic ties across sectors such
Finance Minister of India, Nirmala Sitharaman, kicked off her official visit to Mexico in the vibrant city of Guadalajara, a renowned IT hub in Latin America. Her choice of Guadalajara as her starting point underscores India’s commitment to fostering strong technological partnerships with Mexico and strengthening the region’s high-tech ecosystem. During her visit, she participated
The top four Indian IT services firms —TCS, Infosys, Wipro, and HCLTech — saw year-on-year decline in their total contract value (TCV) during the July-September period, due to the absence of mega deals and continued lumpiness in large deals. Further, geographically, revenue contribution from North America continued to decline for most them. Despite this, they
While the consumer durable and electronics industry posted a double digit growth in 2024, it is poised for remarkable growth in 2025, driven by adoption of premium, value added, feature-led products and will be fueled by policies like the Production-Linked Incentive (PLI) scheme on the supply side. Per industry leaders, the segment has long been
Domino’s India operator Jubilant Foodworks on Monday announced the company business update for the quarter ended December 2024 with a growth of 56.2 per cent on-year growth in consolidated revenue from operations at Rs 2153.20 crore. This also includes the acquisition of DP Eurasia, the exclusive master franchisee of the Domino’s Pizza brand in Turkey
The GMP price of an IPO always gets investors talking before the issue opens. It is the same story with the Quadrant Future Tek IPO, which has already created a buzz in the market even before it officially opens. A mainboard issue, Quadrant Future Tek IPO is set to open for its three days of
The GIFT Nifty indicates that the BSE Sensex and NSE Nifty 50 are likely to open lower on Monday, January 6. Indian stock markets ended in the red on January 3. The Sensex dropped 720.60 points or 0.90% to settle at 79,223.11, while the Nifty lost 184 points or 0.76% to close at 24,004.75. Similarly
The central government has received a new proposal to reduce the timeframe for the restoration of commuted portion of pension from 15 years to 12 years. The Confederation of Central Government Employees and Workers, which represents about 7 lakh staff across various central departments, last week shot off a letter to Union Cabinet Secretary TV