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India
Business

India's growth on resilient trajectory, equity markets in consolidation phase

Mumbai, Dec 14: India’s economic momentum is expected to recover in the second half of FY25, driven by a rebound in government capex post elections, recovery in rural consumption, and on the back of festive season demand, a report by Motilal Oswal Private Wealth (MOPW) said on Saturday. The growth...
TCS inks 5 year deal with Telenor Denmark to deliver IT infra services
Business

TCS inks 5 year deal with Telenor Denmark to deliver IT infra services

Mumbai, Dec 12: IT major Tata Consultancy Services (TCS) on Thursday said it has extended partnership with Telenor Denmark (TnDK), the second largest mobile operator in the Danish market, to deliver IT infrastructure services. The extended partnership will see TCS manage the telecom operator’s IT...
NLC’s first supercritical power plant starts commercial operations
Business

NLC’s first supercritical power plant starts commercial operations

New Delhi, Dec 12: NLC India Limited (NLCIL) on Thursday announced the commencement of commercial operations of the first unit of its super critical 3 x 660 MW Ghatampur Thermal Power Plant, developed through Neyveli Uttar Pradesh Power Limited, a joint venture with UP Rajya Vidyut Utpadan Nigam...
India seeking mutually beneficial FTA with EU: Piyush Goyal
Business

India seeking mutually beneficial FTA with EU: Piyush Goyal

New Delhi, Dec 12: Commerce and Industry Minister Piyush Goyal has highlighted that India is aiming for a balanced, comprehensive and mutually beneficial Free Trade Agreement (FTA) with the EU, according to an official statement issued on Thursday.At a meeting held here with Ambassadors of the...
Indian share market continues flattish trajectory, Sensex above 81,500
Business

Indian share market continues flattish trajectory, Sensex above 81,500

Mumbai, Dec 11: The Indian stock market continued its flattish opening trajectory this week, as selling was seen in Nifty's financial service and private bank sector in early trade on Wednesday. At around 9:27 am, Sensex was trading at 81,515.06 after gaining 5.01 points or 0.01 per cent, while the...
Asiana Airlines set to officially become a Korean Air subsidiary
Business

Asiana Airlines set to officially become a Korean Air subsidiary

Seoul, Dec 11: A full scale integration between Korean Air and Asiana Airlines is expected to proceed in earnest, according to industry observers on Wednesday, following the closing of the protracted merger deal first announced four years ago. Korean Air has invested some 700 billion won ($489.5...
Adani to finance Sri Lankan Port project on its own, withdraws request for US DFC funding
Business

Adani to finance Sri Lankan Port project on its own, withdraws request for US...

Mumbai, Dec 11: The Adani Ports and Special Economic Zones (APSEZ) Ltd on Tuesday said it will use its own resources to fund a Sri Lankan port project and not seek US funding. In a stock exchange filing, Adani Ports said the project "is on track for commissioning by early next year”. “We would like...
We value Amazon
Business

We value Amazon's efforts to empower businesses from urban centres to rural...

New Delhi, Dec 10: Union Minister of Road Transport and Highways, Nitin Gadkari, said on Tuesday that the government values Amazon's efforts to leverage its logistics expertise across India, empowering businesses from urban centres to rural areas, as the e-commerce giant announced a series of...
Indian ESDM industry projected to surpass Rs 9 lakh crore by FY28
Business

Indian ESDM industry projected to surpass Rs 9 lakh crore by FY28

New Delhi, Dec 10: The Indian electronics system design and manufacturing (ESDM) industry, valued at about Rs 2.09 lakh crore in FY23, is estimated to reach Rs 9.09 lakh crore by FY28E, at a compound annual growth rate (CAGR) of 34 per cent, a report said on Tuesday.The key growth drivers include...
India’s retail inflation likely to ease: Report
Business

India’s retail inflation likely to ease: Report

New Delhi, Dec 10: India’s retail inflation based on the Consumer Price Index (CPI) is expected to ease to 5.5 per cent in November due to a decline in food prices, according to a Morgan Stanley report."We expect CPI inflation to edge downwards to 5.5 per cent in November from 6.2 per cent in...
India, Norway forge deeper economic ties, plan to launch startup bridge
Business

India, Norway forge deeper economic ties, plan to launch startup bridge

Mumbai, Dec 9: Union Commerce and Industry Minister Piyush Goyal on Sunday proposed to launch a startup bridge between Norway and India, as the two countries discuss various ways to boost trade ties. Norwegian Ambassador to India, May-Elin Stener, suggested that the startup initiative could be...
Centre’s millet scheme is boosting farmers’ incomes: Minister
Business

Centre’s millet scheme is boosting farmers’ incomes: Minister

New Delhi, Dec 9: The Centre’s scheme to promote millet-based products has boosted local production and procurement of agricultural produce, which has benefited farmers, Minister of State for Food Processing Industries, Ravneet Singh Bittu informed the Rajya Sabha on Monday.Thirty beneficiaries were...
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