[ad_1] MUMBAI: India Inc’s revenue growth in Q3 FY25 slowed to around 5.2%, down from 6% in Q3 FY24, as extended monsoons and delayed govt spending hit the construction sector, which makes up 20% of revenues. Industrial commodities and investment-linked sectors also struggled. [ad_2] Source link
[ad_1] NEW DELHI: Adani Energy Solutions on Tuesday announced securing Bhadla-Fatehpur HVDC Project worth Rs 25,000 crore, which is the largest transmission order ever won by the Adani group entity. With the latest win, its order book now stands at Rs 54,761 crore. [ad_2] Source link
[ad_1] MUMBAI: The sensex closed 1,235 points or 1.6% lower at 75,838 points — the lowest level since June — in a volatile session as investors on Dalal Street were left guessing about US President Donald Trump’s moves that could hurt India’s economic interests. The not-so-encouraging results from most of the leading companies and fears…
[ad_1] US President Donald Trump (PTI photo) NEW DELHI: As Donald Trump returns to White House, government is reviewing India’s import basket to examine if some items being shipped from other countries can be imported from the US, helping it improve the trade balance.Trump has already flagged his concerns on high import tariffs in a…
[ad_1] NEW DELHI: NCLT on Monday ordered liquidation of GoAir (Go First), following a request from lenders of the bankrupt airline. The Wadia Group airline had stopped flying in May 2023 when it filed a voluntary plea for insolvency. Attempts to revive it under India’s bankruptcy laws did not materialise and lenders had sought to…
[ad_1] BENGALURU: Even as cost takeout and vendor consolidation dominate client conversations, some of the large IT firms pointed out that growth was driven by small and mid-sized deals in the Dec quarter. Deal activity in the recent quarters have leaned towards small and mid-size deals especially when large-deal activity was muted. The pipeline remains…
[ad_1] Catch expects an operational deficit reaching $40million in the initial half of 2024-25. Australian e-commerce platform Catch is looking to shut down, resulting in approximately 200 job losses due to heightened rivalry from Amazon and Temu.Wesfarmers, which acquired the online retailer for $230million in 2019, issued a closure announcement on Tuesday.According to a Daily…
[ad_1] NEW DELHI: Shares of food tech unicorn Zomato plummeted 12 per cent in the morning trade on Tuesday after the food delivery aggregator reported a 57.2 per cent drop in consolidated net profit for the December quarter to Rs 59 crore. The scrip of the company fell 11.81 per cent to Rs 212.50 apiece…
[ad_1] US President Donald Trump has once again threatened Brics nations, including India, of imposing 100% tariffs on trade in case the bloc moves forward with plans to replace the US dollar. In his speech after assuming office as the 47th US president on Monday, Trump made it clear that any attempt by Brics nations…
[ad_1] Budget 2025: Shetty advocates for a 30% flat deduction on gross income with a ₹15 lakh ceiling on deductions. Budget 2025 income tax expectations: Finance Minister Nirmala Sitharaman should look to increase the income tax threshold for the 30% tax bracket in her Union Budget 2025, says Adhil Shetty, CEO of BankBazaar.According to BankBazaar,…
