Page 1923 - Press Trust Of India

Gentari joins hands with Amazon India to achieve target of 10K EVs by 2025

The partnership will provide Delivery Service Providers (DSPs) access to more electric three-wheelers for Amazon deliveries, it added

Industrial output grows 4.2% in June on good show by mining, power sectors

The factory output, measured in terms of the Index of Industrial Production (IIP) witnessed a growth of 4 per cent in June 2023

Identical Brains Studios plans to go public; aims Rs 56 cr revenue by FY26

Identical Brains Studios (IBS) has carved out a reputation for delivering cutting-edge VFX solutions, collaborating with top-tier studios and streaming giants

Berger Paints eyes 5% value growth in Q2, targets doubling turnover by 2029

The company also plans to close down the Howrah plant and convert it into a larger R&D centre by the end of 2025, once the greenfield Panagarh facility in West Bengal becomes operational

CARS24 preparing to float IPO to tap growth opportunities: Co-Founder

The Gurugram-headquartered firm, which has already crossed $ 1 billion in turnover, expects the domestic used-car market to cross $ 100 billion mark over the next ten years

Suicide helpline of Gujarat diamond industry gets 1,600 calls since launch

Amid a rise in suicide by diamond workers unable to bear financial crunch, the Surat Diamond Workers Union recently launched a helpline number where several workers requested for assistance

Hindenburg research's claims baseless, misleading: REITs Association

Association has commended Sebi and its leadership for crafting a "rigorous regulatory environment" that includes comprehensive periodic reporting requirements, mandatory independent valuations

Avaada Group to set up 2 pumped storage power projects worth Rs 14k cr

The two projects include the 1,500 MW Pawana Falyan PSP in the Pune & Raigad districts and the 1,250 MW Kumbhavade PSP in the Kolhapur & Ratnagiri districts

Bhel gets 1,600 MW thermal power project from Damodar Valley Corporation

This is the first such project in terms of capacity for DVC, and will be set up adjacent to its existing 2x500 MW units set up by BHEL earlier

Two deputy governors of Bangladesh Bank resign after Hasina's exit

An adviser to the central bank has also submitted his resignation to the governor

Hindustan Copper Q1 results: Net profit rises two-fold to Rs 113.40 cr

The consolidated income of the company during the April-June period rose to Rs 500.44 crore over Rs 384.73 crore in the year-ago period, the filing said

Borosil Renewables Q1FY25 results: Net loss widens to Rs 14.23 cr

The company had reported a net loss of Rs 11.53 crore for the June quarter of FY24, as per a filing with the BSE

NCLT urges RBI, DIPP to speed up approvals for RCap resolution plan

The tribunal was hearing a petition filed by the Hindujas, seeking modification of its July 23 order and an 'extension to complete the obligations' for implementing the resolution plan

Godrej Properties buys 90 acre land parcel in Maha's Raigad for Rs 150 cr

The land is in proximity to the Mumbai Trans Harbour Link and the Mumbai-Pune Expressway, providing excellent connectivity to Mumbai, Navi Mumbai, and Pune

RBI sets up 10-member expert committee on benchmarking of its statistics

The panel, chaired by Patra, will also study the quality of other regular data, where such benchmarks do not exist and provide guidance on the scope for any further data refinement

Dhanlaxmi Bank Q1 results: Total income down at Rs 338 cr, loss at Rs 8 cr

The bank's total income declined to Rs 338 crore in the first quarter as against Rs 341 crore in the same period a year ago, Dhanlaxmi Bank said in a regulatory filing

REA India FY24 results: Revenue up 31% at Rs 563 cr on strong demand

REA India, which is part of Australia's publicly listed firm REA, is a full-stack real estate technology firm and owns two online classified advertisement platforms Housing.com and Makaan.com

Indian boxing contingent disappoints despite high hopes at Paris Olympics

Boxing became a medal hope for India after Vijender Singh's historic bronze at the 2008 Beijing Games. MC Mary Kom added a women's bronze to it in 2012.

Nalco Q1 results: PAT up 76% at Rs 588 cr, total income at Rs 2,916 cr

The company had posted a consolidated profit of Rs 333.76 crore in the year-ago period, National Aluminium Company Ltd (Nalco) said in an exchange filing

Guidelines issued for component under 'PM-Surya Ghar: Muft Bijli Yojana'

A financial outlay of Rs 800 crore has been allocated for this component, providing Rs 1 crore per selected Model Solar Village, the ministry said