News Overview

The wheelsets will have 840 mm diameter and 25-tonne axle load capacity, and is a key component intended to boost India’s freight rail network.

Granules India, maintaining that it fully intends to respond in the time period allowed, as well as requesting a meeting with the FDA to show progress made in compliance, has taken care to make this clear as well.

The deal highlights HCLTech’s growing presence in AI-powered healthcare solutions and a bulwark as a preeminent IT services firm in the healthcare sector.

The company’s net profit jumped to ₹73 crore, as against ₹54.9 crore in the corresponding quarter last year supported by robust demand from key sectors.

EBITDA increased by 14.2% YoY to ₹370.2 crore for Q4FY23 as against ₹324.1 crore in Q4FY23, demonstrating consistent profitability.

The contract includes the installation of 2 x 25 KV traction system with Scott Connected Transformers for better railway electrification efficiency.

The contract is in line with India's renewable energy objectives and reinforces TP Solar’s role as a vital player in the country’s transition to solar energy.

The name ‘GoGo’ reflects both the connection of drivers and their vehicles as well as being a common global nickname for three-wheelers.

The company also committed to implementing renewable and clean energy projects in Assam with an investment potential of about 5,000 MW over the next five years.

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