Sunday, Feb 9 2025 | Time 13:58 Hrs(IST)
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Business Economy

Western Carriers secures Rs 1,089 Cr order from Vedanta

08 Feb 2025 | 11:55 PM

Kolkata, Feb 8 (UNI) Kolkata-based Western Carriers (India) Ltd (WCIL), one of India’s leading private, multimodal, rail-focused, 4PL asset-light logistics companies, has secured a Rs 1,089 crore order from Vedanta Limited.
"This makes it one of....

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Amara Raja Energy & Mobilbity Q3FY25 standalone PBT raises 27 pc y-o-y to Rs 422.16 crore

08 Feb 2025 | 9:51 PM

Hyderabad, Feb 8 (UNI) Amara Raja Energy & Mobility Limited (ARE&M), a comprehensive solutions provider in the Energy & Mobility space, on Saturday reported a 27 per cent year-on-year increase in standalone profit before tax (after exceptional....

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Priya Living launches in Hyderabad, redefining senior living with connection and purpose

08 Feb 2025 | 7:45 PM

Hyderabad, Feb 8 (UNI) Priya Living, founded by Silicon Valley entrepreneur Arun Paul, has made its debut in India, introducing a transformative vision of aging—one that embraces connection, growth, and joy instead of retreat.

Unveiled in....

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DTDC enters rapid commerce space; starts 2-4 hour rapid delivery

08 Feb 2025 | 6:17 PM

New Delhi, Feb 8 (UNI) An integrated express logistics firm with domestic and international operations DTDC is making an entry into the rapid commerce space by launching 2–4 hour rapid delivery and same-day delivery services.
This expansion is a....

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Gokaldas Exports net up 65 pc at Rs 50 crore in Q3

Gokaldas Exports net up 65 pc at Rs 50 crore in Q3

08 Feb 2025 | 5:29 PM

New Delhi, Feb 8 (UNI) Gokaldas Exports on Saturday reported 65 percent jump in Profit After Tax (PAT) year-on-year at Rs 50 crore during the third quarter (October-December) of 2024-25, versus Rs 30 crore in the same quarter of last financial....

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Good coordination between RBI, Govt on issues like growth, inflation: Sitharaman

Good coordination between RBI, Govt on issues like growth, inflation: Sitharaman

08 Feb 2025 | 2:31 PM

New Delhi, Feb 8 (UNI) Finance Minister Nirmala Sitharaman on Saturday said there is good coordination between the Government and the Reserve Bank of India (RBI) and no one encroaches on the other’s territory and that is always good for the....

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RBI’s decision to ease policy rates will act as “catalyst” for boosting economy

RBI’s decision to ease policy rates will act as “catalyst” for boosting economy

07 Feb 2025 | 7:37 PM

New Delhi, Feb 7 (UNI) Within a week of major relief in the income tax for up to Rs 12 lakh in the Union Budget, reversal of policy interest rates by the Reserve Bank of India by 25 bps (first time in 5 years) will act as a “catalyst”....

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Meghalaya initiates interventions to promote collaboration and partnership with Japan

07 Feb 2025 | 7:25 PM

Shillong, Feb 7 (UNI) Meghalaya Chief Minister Conrad Sangma on Friday said that the state has initiated interventions to promote collaboration and partnership with Japan, leveraging the strong bilateral relationship that India shares with Japan.see more..

Infosys lays off 700 recruits after months: NITES

07 Feb 2025 | 7:18 PM

Mysuru, Feb 7 (UNI) In a disturbing development, Infosys has reportedly initiated the termination of approximately 700 campus recruits who were onboarded in October 2024.
"In a shocking and unethical move, Infosys has begun forcefully laying....

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DBS Foundation collaborates with Haqdarshak to grow Financial Literacy Program with SGD 5.1 Million in funding

07 Feb 2025 | 6:32 PM

Kolkata, Feb 07 (UNI) DBS Foundation in partnership with Haqdarshak Empowerment Solutions Pvt. Ltd (HESPL) has announced a new program designed to help advance financial inclusion with a focus on rural India.
The program is part of DBS Bank's....

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Ola Electric maintains leadership position in EV 2Ws in Q3 FY25 with 25.5 pc market share

07 Feb 2025 | 6:23 PM

Kolkata, Feb 07 (UNI) Ola Electric has maintained leadership position through Q3 FY25 with a 25.5 per cent market share (as per VAHAN data) driven by the company’s singular EV focus, strong product portfolio and technology leadership.
Ola....

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RBI fines Federal Bank, Karur Vysya Bank for non-compliance to directions

07 Feb 2025 | 6:19 PM

New Delhi, Feb 7 (UNI) The Reserve Bank of India (RBI) has imposed a monetary penalty on two private lenders – Federal Bank and Karur Vysya Bank Limited for non-compliance with certain directions on “Interest Rate on Deposits” in case of Federal Bank....

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RBI decision to cut repo rate signals supportive approach toward sustaining economic growth : Kalra

07 Feb 2025 | 5:18 PM

Kolkata, Feb 07 (UNI) Pankaj Kalra, CEO, Essar Oil and Gas Exploration and Production Limited, on Friday welcomed RBI’s decision to cut the repo rate by 25 basis points, saying it is a move that signals a supportive approach toward sustaining....

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Reduction in repo rate positive step toward boosting credit availability : Neotia

07 Feb 2025 | 5:07 PM

Kolkata, Feb 07 (UNI) Ambuja Neotia Group Chairman Harshavardhan Neotia on Friday welcomed a reduction in the repo rate by 25 basis points to 6.25 per cent, saying it is a positive step toward boosting credit availability and making home loans more....

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TN drives expansion of Godrej Capital, achieves 100 pc growth

07 Feb 2025 | 5:00 PM

Chennai, Feb 7 (UNI) Godrej Capital, the financial services arm of the Godrej
Industries Group, has achieved 100% growth over the past year in Tamil Nadu.
The South contributes more than 30% to the company's Rs 15,000 crore business, see more..

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