New Delhi (IANS) India Inc recorded 2,007 deals worth $127 billion last year, a 6 per cent decrease in deal volumes over 2021, despite the global macroeconomic conditions, a report showed on Friday. The year also recorded 11 multi-billion-dollar deals … read more
Chennai (IANS) Companies in cement, automobile, consumers and specialty chemicals might see margin expansion in 2023, said Motilal Oswal Asset Management Company (MOAMC). While inflation does seem to have peaked in 2022, central bankers are not letting their guard down. … read more
New Delhi (IANS) The union cabinet on Wednesday cleared the government’s ambitious National Green Hydrogen Mission with an outlay of Rs 19,744 crore. It aims to make India a global hub for green hydrogen production and fuel cell technology. Under … read more
New Delhi (IANS) Mobile Premier League (MPL), one of the most valued gaming platforms, has registered losses to the tune of about $149.3 million in FY22, from $48.3 million in FY21 — a three times surge, media reports said on … read more
New Delhi (IANS) Online food delivery platform Swiggy’s losses doubled to Rs 3,629 crore in FY22 compared to Rs 1,617 crore in the last fiscal year. Total expenses went up 131 per cent to Rs 9,574.5 crore in FY22. According … read more
New Delhi (IANS) The GST collections for December 2022 stood at Rs 1,49,507 crore — 2.5 per cent more than Rs 1,45,867 crore collected in November 2022, according to figures released by the Finance Ministry on Sunday. However, on year-on-year … read more
New Delhi (IANS) The government’s reforms to boost local manufacturing have triggered the creation of new jobs in the sector, and 60 per cent of employers in the manufacturing segment aim to recruit and expand their resource pool in the … read more
New Delhi (IANS) Under India’s G20 presidency, one of the priorities is to develop a framework for global regulation, including the possibility of prohibition of unbacked crypto assets, stablecoins and DeFi (Decentralised Finance), the Reserve Bank of India (RBI) has … read more
Chennai (IANS) The Nifty of NSE is to attain a level of 19,500 by the end of next year and the Sensex of the BSE at 64,500, forecast Emkay Global Financial Services. Emkay Global expects Nifty to attain a level … read more
New Delhi (IANS) Paving the way for the global hospitality industry, in a one of its kind remarkable feat, 10 properties of the ITC Hotels Group have attained “Net Zero Carbon Status” by achieving coveted “LEED Zero Carbon Certification” by … read more