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Rolls-Royce’s profit rises to 57%-thumnail

Rolls-Royce’s profit rises to 57%

Rolls-Royce reported a 57% rise in underlying operating profit on Thursday, saying its turnaround plan was already underway and progressing rapidly. Britain’s Rolls-Royce on Thursday beat expectations for a 57%

Business

Feb 23, 2023

Olectra in partnership with Reliance to unveil hydrogen bus-thumnail

Olectra in partnership with Reliance to unveil hydrogen bus

On Thursday, Olectra Greentech entered into a technology partnership with Reliance to launch hydrogen buses, a carbon-free alternative to traditional public transport. Founded in 2000, Olectra Greentech is a pioneer

Business

Feb 23, 2023

PM Modi to inaugurate Shivamogga airport on February 27-thumnail

PM Modi to inaugurate Shivamogga airport on February 27

Greenfield Domestic Airport in the Shivamogga district of Sogane is part of the Centre’s UDAN initiative to make air travel affordable for all. Prime Minister Narendra Modi will inaugurate Shivamogga

News

Feb 23, 2023

NSE gets final approval to launch the Social Stock Exchange as a separate unit-thumnail

NSE gets final approval to launch the Social Stock Exchange as a separate unit

The SSE component will provide a new way for social enterprises to fund social initiatives, increase their visibility and bring greater transparency to how social enterprises raise and spend funds.

Business

Feb 23, 2023

Indian cos’ ESG reporting improves markedly after Sebi surge-thumnail

Indian cos’ ESG reporting improves markedly after Sebi surge

The energy and utilities sector reports nearly 50% of companies’ ESG metrics, while service sector entities have historically performed well in reporting data Indian companies’ environmental, social, and governance (ESG)

Business

Feb 23, 2023

<strong>Kratos Studio, a Web3 gaming startup founded by a former Nazara CEO, receives seed funding of Rs 160 crore</strong>-thumnail

Kratos Studio, a Web3 gaming startup founded by a former Nazara CEO, receives seed funding of Rs 160 crore

Kratos Studios, a web-based game firm, reported raising Rs 160 crore in a seed round that was led by Accel and included Prosus Ventures, Courtside Ventures, Nexus Venture Partners, Nazara

Insights

Feb 23, 2023

<strong>For the EV business, Tata Motors is likely to raise $1 billion</strong>-thumnail

For the EV business, Tata Motors is likely to raise $1 billion

To expand its domestic electric vehicle industry, Tata Motors is reportedly looking to raise $1 billion. According to Reuters, citing the Economic Times, the manufacturer has begun discussions with sovereign

Business

Feb 23, 2023

<strong>At the UAE’s defence expo, an Abu Dhabi defence firm signs an MOU with India’s HAL</strong>-thumnail

At the UAE’s defence expo, an Abu Dhabi defence firm signs an MOU with India’s HAL

At the International Defence Expo and Conference on Wednesday, Hindustan Aeronautics (HAL), an aerospace company in India, and EDGE, the top defence company in the UAE, inked a Memorandum of

Business

Feb 23, 2023

<strong>Tata Steel acquires shares worth $300 million in NINL, increasing its stake to 5.23%</strong>-thumnail

Tata Steel acquires shares worth $300 million in NINL, increasing its stake to 5.23%

On Wednesday, Tata Steel disclosed that it had purchased Rs 300 crore worth of shares in Neelachal Ispat Nigam Ltd., a firm that is an indirect subsidiary of the company.

Business

Feb 23, 2023

“Middle Eastern firms invest in J&K: Emaar Mall planned in Srinagar”-thumnail

“Middle Eastern firms invest in J&K: Emaar Mall planned in Srinagar”

Jammu & Kashmir has become a focal point for foreign investors, particularly from West Asian nations, with various sectors such as shopping malls and food processing garnering attention. Emaar Group,

Business

Feb 22, 2023

Samsung has topped the global TV market for 17 straight years-thumnail

Samsung has topped the global TV market for 17 straight years

According to a blog post by Samsung on Tuesday, the company has maintained its position as the leader in the TV industry for the 17th consecutive year. This achievement is

Business

Feb 22, 2023

<strong>The Cabinet approves the signing of an air service agreement between India and Guyana</strong>-thumnail

The Cabinet approves the signing of an air service agreement between India and Guyana

The signing of the aviation services agreement between India and Guyana was approved on Wednesday by the Union Cabinet, which is presided over by Prime Minister Narendra Modi. The Ministry

Business

Feb 22, 2023


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