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Updated: 1 hour 48 min ago

L&T Q4 results: Profit rises 10% to Rs 4,396 crore, beats estimates

Wed, 05/08/2024 - 17:28
Revenue for L&T also rises 15 per cent year-on-year (YoY) to Rs 67,079 crore

Amazon Web Services breaks into Europe 5G networks with Telefonica deal

Wed, 05/08/2024 - 17:21
Telefonica first worked with AWS and Ericsson, and then swapped to Nokia and AWS, Rao said. 'The days of trial are over

Tata Power plans 66% higher capex at Rs 20k cr in FY25; to spend 50% on RE

Wed, 05/08/2024 - 17:09
Tata Power has planned a 66 per cent higher capital expenditure of Rs 20,000 crore in this fiscal compared to a year ago, which will mainly focus on projects supporting energy transition and India's net-zero emission target by 2070. During the year ...

RBI asks NBFCs not to lend more than Rs 20,000 in cash for gold loan

Wed, 05/08/2024 - 16:35
NBFCs are required to maintain a Loan-to-Value (LTV) ratio not exceeding 75 per cent for loans granted against the collateral of gold jewellery

India leads Asia-Pacific region's M&A deals in Q1 2024: S&P Global

Wed, 05/08/2024 - 16:16
The number of deals closed in Q1 of 2023 is one more than the previous year

Tata Power planed 66% higher capex at Rs 20k cr in FY25; to spend 50% on RE

Wed, 05/08/2024 - 16:16
During the year ended March 2024, the capex (capital expenditure) was around Rs 12,000 crore, the company's CEO Praveer Sinha said during a post earnings conference call

Best form of search will involve combination of narrative answers: Pichai

Wed, 05/08/2024 - 16:11
Pichai is playing the long game, and says Google-which dominates key real estate on the web-has plenty of time to win

Revenue in FY25 to grow around 15%, tensions in West Asia a factor: L&T CFO

Wed, 05/08/2024 - 16:10
Given the variety and scale of orders it receives, L&T's results are often seen as a bellwether for capital expenditure in the Indian economy

Godrej Agrovet Q4 results: Net profit jumps to Rs 65.48 cr, revenue up 1.8%

Wed, 05/08/2024 - 15:42
Shares of the company on Wednesday closed at Rs 586 apiece, up 4.23 per cent on BSE

Kirloskar Oil Engines Q4 results: Net profit rises 26% to Rs 128 crore

Wed, 05/08/2024 - 15:39
The company also said its full-year export revenue for the first time crossed Rs 500 crore in the previous fiscal

Reliance acquires petrochemicals step-down subsidiary for Rs 314 cr

Wed, 05/08/2024 - 15:32
RCML was incorporated in India on November 2, 2022, to undertake the business of manufacturing petrochemicals, vinyls, hydrogen & its derivatives, rare and industrial gases

Red Hat defines AI strategy; CEO says impact of open source visible in AI

Wed, 05/08/2024 - 14:44
At his keynote address at the Red Hat Summit, Hicks predicted that Artificial Intelligence (AI) won't be built by a single vendor, rather it will be defined by flexibility of choices

Kalpataru Projects Q4 results: Net profit rises 21% to Rs 169 crore

Wed, 05/08/2024 - 14:02
The company received new orders of Rs 849 crore till date in FY25

Intervene urgently, resolve AI Express strike: Venugopal writes to Scindia

Wed, 05/08/2024 - 13:55
In a letter to Scindia, Venugopal said the flight cancellations are causing agony to fellow citizens, especially those going to the West Asia

RBI lifts curb on boarding of new customers on Bob World app after 6 months

Wed, 05/08/2024 - 13:29
The RBI had imposed restriction on state-owned Bank of Baroda (BoB) on October 10, 2023 from onboarding new customers on its mobile app 'Bob World'

Akasa Air now allows carriage of pets weighing up to 10 kg in cabin

Wed, 05/08/2024 - 13:28
In November 2022, the airline introduced the service wherein passengers have been allowed to travel on domestic flights with their cats and dogs in the cabin or cargo, based on their weight

BSES power discoms launch scheme for replacement of old ACs in Delhi

Wed, 05/08/2024 - 13:25
The summer season this year is anticipated to be intense with temperatures already reaching 40 degrees Celsius in Delhi and expected to rise even higher, it said

'Omens good', India can grow 6.5-7% in the next decade: CEA Nageswaran

Wed, 05/08/2024 - 13:14
Inflation headed towards central bank's tolerance range; 'don't see scope for nasty upside surprises'

L&T Q4 results: Net profit rises 10% to Rs 4,396 cr, revenue up 15%

Wed, 05/08/2024 - 12:08
The company board has recommended a final dividend of Rs 28 per equity share. Shares of the company closed trading at Rs 3,485.2 on the BSE ahead of the company's Q4 results

NPU: What is it and why is it gaining importance in semiconductor industry

Wed, 05/08/2024 - 11:59
Neural Processing Unit are part of the semiconductors specifically designed for machine learning operations, which enables AI features such as generating text or images