While China#39;s red-hot power and coal markets have cooled somewhat after government intervention, energy prices remain elevated worldwide as temperatures fall with the onset of the northern winter.
Samsung India logs 39% rise in profit at Rs 4,041 crore, revenue flat in FY21
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Samsung India#39;s total revenue declined by 1.46 percent to Rs 77,501.4 crore in the fiscal ended March 2021 compared to Rs 78,651.2 crore in the preceding financial year, according to the Registrar of Companies filing - shared by market intelligence firm To
Central Bank of India Q2 net profit jumps 55% to Rs 250 crore
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On the asset quality front, net non-performing assets (NPAs or bad loans) reduced to 4.51 percent as of September 30, 2021, from 5.60 percent by end of the same month last year.
Facebook froze as anti-vaccine comments swarmed users
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Facebookâs internal discussions were revealed in disclosures made to the Securities and Exchange Commission and provided to Congress in redacted form by former Facebook employee-turned-whistleblower Frances Haugenâs legal counsel.
Honda Cars partners Bank of Maharashtra for vehicle financing solutions
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The partnership will help customers to avail car finance schemes with a low-interest rate and hassle-free quick sanction of loans on purchase of new Amaze, Jazz, WR-V and City, the automaker said in a statement.
Glenmark launches unique fixed dose combination drug for diabetes
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The Mumbai based drug firm said it has introduced fixed dose combination (FDC) of its novel, patent protected Sodium Glucose Co-Transporter Inhibitor (SGLT2i) â Remogliflozin Etabonate and another widely used DPP4 inhibitor (Dipeptidyl Peptidase 4 inhibi
Adani group exploring investment in Sri Lanka#39;s renewable energy sector: Official
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The comments came a day after Adani Group chairman Gautam Adani called on Sri Lankan President Gotabaya Rajapaksa here, weeks after his company inked a deal with the state-owned Sri Lanka Ports Authority (SLPA) to develop and run the strategic Colombo Portâ
Elon Musk now more valuable than Exxonâs market capitalisation
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Tesla market capTesla CEO Elon Musk took to Twitter to celebrate the EV maker reaching the milestone $1 trillion market capitalisation, besides expressing surprise at the velocity of the share price surge.
Tata Steel installs generator at UK plant to recycle gases into energy
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The generator will convert gases generated at Tataâs plant in Port Talbot, Wales, into useful energy, cutting its energy bill by millions of pounds each year and slashing CO2 emissions, the company said in a statement on Monday.
Workers across the country facing medical problems and other life crises have been fired when the attendance software mistakenly marked them as no-shows, according to former and current human resources staff members, some who would speak only anonymously for
Quick Heal September net profit rises 20.1% to Rs 34.6 crore
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The company was able to manage its working capital in an efficient way which has resulted in better cash flow. Its cash and cash equivalents stood at Rs 3,166 million as of September 30, 2021.
Bharti Airtel accepts 4-year moratorium on spectrum, AGR payments
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Bharti Airtel Chairman Sunil Mittal had last month said the company will opt for payment moratorium and redirect the cashflow to aggressively build networks.
Starbucks eyes faster India expansion with new store formats
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India is one of Starbucks#39; fastest growing markets globally. The market for coffee shops in the country has surged even as tea remains a more affordable and popular beverage.
Dwarikesh Sugar Q2 PAT rises over two-fold to Rs 39.63 crore
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Total income of the company went up by 20.91 percent during the quarter under review to Rs 506.17 crore compared to Rs 418.62 crore in the year-ago period.
Tesla races toward $1 trillion market capitalization club on record Hertz order
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Tesla would have to top $995.75 to become a company worth a trillion dollars, according to Reuters calculations based on its latest filing. The world#39;s most valuable carmaker will join an elite club that includes Apple Inc, Amazon.com Inc, Microsoft Corp a
Wall Street pause ahead of earnings from tech giants
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Investors have been pleased with most of the reports so far, which have confirmed worries about higher costs, but also offered encouraging commentary about strong consumer demand that is enabling many companies to pass on price increases.
Ceat Q2 net profit skids 77% to Rs 42 crore; approves plan to raise Rs 500 crore
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Consolidated revenue from operations during the quarter under review stood at Rs 2,451.76 crore as against Rs 1,978.47 crore in the year-ago period, Ceat Ltd said in a regulatory filing.
Serum Institute of India seeks regular marketing authorisation from DCGI for Covishield
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The Pune-based SII has submitted the final phase 2/3 clinical study report of India with its application for grant of regular market authorization for Covishield, an official source said.
Economy likely to register 9.5% growth this fiscal: UBS Securities
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Equity strategist Sunil Tirumalai said during a one-day virtual macro tour last week, the broad consensus among policymakers was that the economy was in a swift recovery mode thanks to the progressive re-opening after the second wave.
Indian economy likely to register 9.5% growth this fiscal: UBS Securities
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Equity strategist Sunil Tirumalai said during a one-day virtual macro tour last week, the broad consensus among policymakers was that the economy was in a swift recovery mode thanks to the progressive re-opening after the second wave.
Solar power tariffs may rise next fiscal on increased taxes: Crisil
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If there is no correction, tariff may further rise by 15-20 paisa per unit to maintain the said returns, Crisil warned and, distribution utilities have been wary in the past to participate in bids above Rs 2.5 per unit.
Govt signs share purchase agreement with Tata Sons for Rs 18,000-crore Air India sale
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Air India Director â Finance Vinod Hejmadi, Civil Aviation Ministry Joint Secretary Satyendra Mishra and Supraprakash Mukhopadhyay from the Tata Group signed the share purchase agreement (SPA).
