Industries

Mahindra & Mahindra March Quarter Profit Rises Five-Fold To Rs 1,192 Crore

Mahindra & Mahindra March Quarter Profit Rises Five-Fold To Rs 1,192 Crore

Press Trust of India | Saturday May 28, 2022, Mumbai

Mahindra & Mahindra on Saturday reported nearly five-fold jump in standalone profit at Rs 1,192 crore for quarter ended March 31, 2022

Won't Make Vehicles In India Until Allowed To Sell Locally: Elon Musk

Won't Make Vehicles In India Until Allowed To Sell Locally: Elon Musk

Press Trust of India | Saturday May 28, 2022, New Delhi

Tesla & Elon Musk: Tesla will not manufacture its products locally unless it is allowed to sell and service its cars in India

No Decision Yet On Jet Fuel Tax Cut, Say Government Sources

No Decision Yet On Jet Fuel Tax Cut, Say Government Sources

Press Trust of India | Wednesday May 25, 2022, New Delhi

Finance ministry has not yet taken a view on the civil aviation ministry's plea for tax cuts on jet fuel or aviation turbine fuel to bring down prices

Coal India March Quarter Profit Rises 46% To Rs 6,693 Crore

Coal India March Quarter Profit Rises 46% To Rs 6,693 Crore

Press Trust of India | Wednesday May 25, 2022, New Delhi

Coal India Limited on Wednesday posted a 45.9 per cent rise in its consolidated net profit at Rs 6,692.94 crore for the quarter ended March, 2022

India's Paper Exports Jump 80% To Rs 13,963 Crore In 2021-22

India's Paper Exports Jump 80% To Rs 13,963 Crore In 2021-22

Press Trust of India | Wednesday May 25, 2022, New Delhi

Exports of paper and paperboard from India jumped nearly 80 per cent in 2021-22, touching a record Rs 13,963 crore

Power Finance Corporation March Quarter Profit Soars 10% To Rs 4,295 Crore

Power Finance Corporation March Quarter Profit Soars 10% To Rs 4,295 Crore

Press Trust of India | Wednesday May 25, 2022, New Delhi

Power Finance Corporation on Wednesday posted a nearly 10 per cent rise in the consolidated net profit at Rs 4,295.90 crore

Airtel Chief Sunil Mittal Hopes For Supply Chain Restoration

Airtel Chief Sunil Mittal Hopes For Supply Chain Restoration

Press Trust of India | Wednesday May 25, 2022

"Some businesses have moved on, but at a much higher cost. I really hope that we bring sanity back to supply chains at the soonest," Mr Mittal said

States' Role Vital For Emission Intensity Reduction By 45% Till 2030: Power Minister

States' Role Vital For Emission Intensity Reduction By 45% Till 2030: Power Minister

Edited by Animesh Singh | Wednesday May 25, 2022

Power Minister R K Singh on Wednesday directed state governments to set up state-level steering committees for energy transition

Bank of India March Quarter Profit Soars 142% To Rs 606 Crore

Bank of India March Quarter Profit Soars 142% To Rs 606 Crore

Press Trust of India | Tuesday May 24, 2022, Mumbai

Bank of India on Tuesday reported a 142.31 per cent rise in standalone profit after tax at Rs 606 crore in the quarter ended March 2022

Coal Production Rose To 34 Million Tonnes Till May 15

Coal Production Rose To 34 Million Tonnes Till May 15

Edited by Animesh Singh | Tuesday May 24, 2022

Domestic coal production went up to 33.94 million tonnes in the first half of May, a growth of 36.23 per centover last year

Crude Oil Output Fell 1% In April

Crude Oil Output Fell 1% In April

Press Trust of India | Tuesday May 24, 2022, New Delhi

India's crude oil production fell 1 per cent in April after lower output from fields operated by private sector wiped away gains by firms like ONGC

ONGC Becomes First Entity To Trade On Indian Gas Exchange

ONGC Becomes First Entity To Trade On Indian Gas Exchange

Press Trust of India | Monday May 23, 2022, New Delhi

ONGC on Monday said it has become the first gas producer to trade domestic gas on the Indian Gas Exchange

RBI Panel To Monitor Customer Service Norms In Banks

RBI Panel To Monitor Customer Service Norms In Banks

Press Trust of India | Monday May 23, 2022, Mumbai

RBI has said it has set up a committee to evaluate the efficacy, adequacy and quality of customer service in banks, non bank finance companies (NBFCs)

Mixed Reactions By Steel Industry On Export Duty Hike, Import Duty Waiver

Mixed Reactions By Steel Industry On Export Duty Hike, Import Duty Waiver

Edited by Animesh Singh | Monday May 23, 2022

Government's decision to remove import duty on certain raw materials of steel industry will lead to lower costs for domestic steel manufacturers

Steel Products' Rates May Fall By 10% For Domestic Producers: EEPC

Steel Products' Rates May Fall By 10% For Domestic Producers: EEPC

Press Trust of India | Monday May 23, 2022, Kolkata

In the wake of rising input costs, especially primary steel, the government's decision to remove import duty on raw materials for the metal production would lower costs for domestic steelmakers and reduce prices by around 10 per cent, an Engineering Export Promotion Council official said on Monday.