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
Zerodha founder Nithin Kamath is championing long-term impact through Rainmatter, his investment fund focused on climate tech, healthcare, and sustainability. In the past year alone, Rainmatter has backed 47 startups, prioritizing initiatives that make the planet more livable and people healthier. “What is the use of money if the planet we live on is destroyed
Kingfisher-maker United Breweries Ltd on Wednesday announced that it has decided to suspend the supply of beer to Telangana Beverages Corporation Ltd (TGBCL), with immediate effect. The company said that it took this decision because TGBCL has not revised the basic price of its beer since 2019-2020, resulting in huge losses for the company. In
The markets remained rangebound today. The Sensex closed the session 50.62 points, or 0.06% lower at 78,148.49, while the Nifty finished 19 points or 0.08% at 23,688.80. However, there are some stocks that surged in trade today coupled with strong volume – Here are the top three stocks with high volumes in a muted market
7th Pay Commission News: The next dearness allowance (DA) revision for central government employees is due this month. However, the announcement will probably be made in the first week of March, as witnessed on several occasions in the past due to a lag in the release of the All-India Consumer Price Index for Industrial Workers
With the fiscal third quarter earnings season all set to commence this week, brokerage firms said that the Indian IT services sector is expected to post a mixed performance during the seasonally weak quarter. Q3 is traditionally considered weak due to seasonal furloughs which, per analysts, is expected to weigh down the IT sector’s growth.
