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Business Briefs

3 March 2025 11:18 PM IST
Ola Electric to cut around 1,000 jobs to reduce lossesNew Delhi: Ola Electric Mobility is cutting around 1,000 jobs across different functions as part...

Government initiates five pilot projects to deploy hydrogen fuel-based vehicles

3 March 2025 10:52 PM IST
New Delhi: The government has launched five pilot projects to deploy hydrogen fuel-based vehicles for trial as part of the National Green Hydrogen...

India’s power consumption rises slightly to 131.54 BU in Feb

3 March 2025 10:49 PM IST
New Delhi: India’s power consumption grew marginally to 131.54 billion units (BU) in February, higher than 127.34 BU in the year-ago period, according...

Indian startups raise $1.65 billion in Feb

3 March 2025 10:49 PM IST
New Delhi: Indian startups raised a total of $1.65 billion (about Rs 14,418 crore) in funding at a median valuation of $83.2 million in February 2025,...

Paytm didn’t file necessary reporting to RBI: ED on `611 cr notice

3 March 2025 10:49 PM IST
New Delhi: The Enforcement Directorate on Monday said it has issued a notice to Paytm’s parent company, its MD and linked entities for “contravention”...

Indian manufacturing PMI falls to 56.3 in Feb 2025, down from 57.7 in Jan

3 March 2025 11:53 AM IST
New Delhi: India's manufacturing sector growth fell to a 14-month low in February amid softer increase in new orders and production, a monthly survey...

Paytm shares plunge over 4% after firm gets ED notice over alleged FEMA violations

3 March 2025 11:45 AM IST
New Delhi: Shares of Paytm owner One97 Communications on Monday plunged more than 4 per cent after the enforcement directorate has sent a notice to...

Markets open higher; pare early gains amid foreign fund outflows

3 March 2025 10:30 AM IST
Mumbai: Equity benchmark indices Sensex and Nifty began the trade on a positive note on Monday but soon turned negative amid heavy selling in...

Organic fertilizer use to add $2.6 bn in revenue, says IBA

3 March 2025 1:01 AM IST
New Delhi: The government’s initiative to promote the use of organic fertilizer could add a revenue of $2.6 billion for the biogas industry, the...

Indians must work hard to achieve ambitious target of $30 tn economy by 2047: Amitabh Kant

3 March 2025 1:00 AM IST
New Delhi: Indians must work hard to achieve the ambitious target of making India a $30 trillion economy by 2047, former Niti Aayog CEO Amitabh Kant...

NCL hopes to achieve production target of 139 million tonnes for FY25

3 March 2025 1:00 AM IST
New Delhi: Coal India arm Northern Coalfields Ltd (NCL) expects to achieve the production target of 139 million tonnes (MT) for the current fiscal. ...

CIL waives financial coverage for NPS consumers

3 March 2025 12:59 AM IST
New Delhi: State-owned Coal India Ltd (CIL) on Sunday said that non-power sector (NPS) consumers will not have to pay the coal value worth ten days of...
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