Business

NEW DELHI: Gautam Adani, the chairman and founder of Adani Enterprises and the fourth richest person in the world, spoke to shareholders during the conglomerate’s annual general meeting (AGM) and outlined the conglomerate’s plans. Adani praised the Indian government for its concentrated efforts in the field of renewable energy, noting that the country has experienced a […]

NEW DELHI: Moving ahead toward green mobility, Olectra Greentech Limited (OLECTRA) has bagged another order from Telangana State Road Transport Corporation (TSRTC) to supply 300 electric buses worth Rs 500 crore. In a statement, OLECTRA said, “The MEIL group company, Evey Trans Private Limited (EVEY), has received the Letter of Award (LoA) from TSRTC. The […]

NEW DELHI: Reliance Industries Limited (RIL), the Indian mega-conglomerate, announced on Friday that its fiscal first quarter’s combined net profit increased 46% year over year (YoY) to Rs 17,955 crore. Revenue for the Mukesh Ambani-led firm from April to June totalled Rs 2,23,113 crore, up 54.5 per cent from the same period last year. The […]

NEW DELHI: Jio Institute welcomed its first batch of students as it announced the commencement of the academic session with two inaugural postgraduate programs in artificial intelligence and data science and digital media and marketing communications. Jio Institute is a multi-disciplinary higher education institute set up as a philanthropic initiative by Reliance Industries Ltd. and […]

NEW DELHI: The Indian rupee declined to an all-time low of 80.05 against the US dollar amid foreign fund outflow and elevated oil and commodity prices. Due to the current global economic downturn, the Indian currency has been losing its power. India imports more than 80 per cent of its crude oil and the rise […]