News Overview

Siemens reported a 45% increase in standalone net profit, reaching ₹775 crore, compared to the previous year.

Last week, NBCC won a ₹202 crore contract from the Rajasthan State Industrial Development and Investment Corporation (RIICO).

SECI had earlier imposed a three-year ban under the National Solar Mission, citing submission of fake bank guarantees by Reliance NU BESS.

The shareholders approved the QIP proposal of Zomato on 23 November 2024. Last month, the board decided to raise capital through this route.

In addition to debt repayment and other basic business needs, the Rs 10,000 crore IPO proceeds will be invested in its wholly-owned subsidiary, NTPC Renewable Energy.

OpenText's dedication to the growth and development of the region is demonstrated by this strategic investment

The park was once planned to be 1.2 million square feet in size, requiring an investment of Rs 700 crore.

The business stated that it is "open for further submissions before the relevant authorities" in response to the show-cause notices.

Reservations for the two EVs have already been made by Ola. Delivery of the scooters would start in April 2025, Bhavish added.

Rahul Gandhi, the leader of the Congress and a strong opponent of Adani, stated that Gautam Adani ought to be taken into custody.