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Business - Page 581

India’s coal output up 10% to 83.91 MT in May

3 Jun 2024 10:26 PM IST
New Delhi: The country’s coal production rose by 10.15 per cent to 83.91 million tonnes (MT) in May compared to 76.18 MT in the year-ago period. Coal...

RIL shares up nearly 6%, mcap rallies by `1 lakh cr

3 Jun 2024 10:25 PM IST
New Delhi: Shares of Reliance Industries Ltd on Monday jumped nearly 6 per cent to hit a record high level helping the equity markets register sharp...

‘Bizs must ‘future-proof’ AI infra to avoid getting stuck at dead-end’

3 Jun 2024 10:25 PM IST
New Delhi: To keep up with fast-paced technology, businesses need to “future-proof” their artificial intelligence (AI) infrastructure to avoid...

Adani Power arm okays merger of Stratatech Mineral with itself

3 Jun 2024 10:24 PM IST
New Delhi: Adani Power Ltd (APL) on Monday said its arm Mahan Energen Ltd has approved a proposal to merge coal mining firm Stratatech Mineral...

Cairn Oil & Gas targes net zero by 2030

3 Jun 2024 10:23 PM IST
New Delhi: Cairn Oil & Gas, part of Vedanta Group, on Monday said it has set 2030 as target date for becoming net zero through a mix of planting...

Global airline industry to post $30.5 billion net profit, $996 billion revenue in 2024

3 Jun 2024 10:23 PM IST
Dubai: The global airline industry is projected to report a higher net profit of $30.5 billion and record revenue of nearly $1 trillion, IATA said on...

India’s manufacturing sector growth eases in May: PMI survey

3 Jun 2024 10:09 PM IST
New Delhi: India’s manufacturing sector saw a slower growth rate for the second straight month in May but stayed firmly in expansion mode with global...

Rupee rises 28 paise to settle at 83.14 against US dollar

3 Jun 2024 10:09 PM IST
Mumbai: The rupee jumped to over two-month high closing level and settled with a gain of 28 paise at 83.14 against the US dollar on Monday, tracking...

Strong growth, lower fiscal deficit may lead to India rating upgrade: Deutsche Bank

3 Jun 2024 10:08 PM IST
Mumbai: Strong growth and a narrower fiscal deficit can lead to a sovereign rating upgrade for India, a German brokerage said on Monday. The...

Rs 2000 banknotes: 97.82% returned, Rs 7,755 cr worth notes still with public

3 Jun 2024 10:08 PM IST
Mumbai: The Reserve Bank of India (RBI) on Monday said 97.82 per cent of the Rs 2000 denomination banknotes have returned to the banking system, and...

NHAI’s revised toll rates come to effect across highways

3 Jun 2024 10:07 PM IST
New Delhi: The revised toll charges for motorists on national highways across India have come to effect from Monday, an official said. The NHAI has...

Corporate Kaleidoscope

3 Jun 2024 10:07 PM IST
To provide long-term financial assistance to viable infrastructure projects, Punjab National Bank (PNB) and India Infrastructure Finance Company...
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