Jio starts 5G services across all district headquarters in Gujarat

Jio starts 5G services across all district headquarters in Gujarat

Friday, 25 November 2022 | PTI | New Delhi

Telecom major Jio has rolled out 5G service across all 33 district headquarters of Gujarat under its trial phase, the company said on Friday. This makes Gujarat the first state to get 5G service across all district headquarters and it is also the biggest roll-out of the next generation service till...

Public good enablers to drive India’s next digital revolution: BankBazaar.Com CEO

Wednesday, 09 November 2022 | PTI | New Delhi

Public good enablers like digilocker, account aggregator system and video e-KYC will drive India’s next digital revolution as the country sits on a mammoth volume of 50 billion digital transactions, according to BankBazaar.Com founder CEO Adhil Shetty. Finance minister Nirmala Sitharaman recently spoke about the digital revolution in India and that...

GCPL Q2 net profit falls 25% to `359 cr

Wednesday, 09 November 2022 | PTI | New Delhi

FMCG major Godrej Consumer Products Ltd (GCPL) on Tuesday reported a decline of 25.06 per cent in its consolidated net profit at `358.86 crore for the second quarter ended September. It had posted a net profit of `478.89 crore in the July-September quarter a year ago, GCPL said in a regulatory...

MRF Q2 net dips 32% to Rs 130 crore

Wednesday, 09 November 2022 | PTI | New Delhi

Tyre maker MRF on Tuesday said its consolidated net profit declined by 32 per cent to Rs 130 crore for the second quarter ended September 30, on account of higher expenses. The company had posted a net profit of Rs 190 crore in the July-September quarter of the previous fiscal.  Revenue from...

Coal stock at thermal power plants at 25.6 MT in Oct: Govt

Wednesday, 09 November 2022 | PTI | New Delhi

The closing stock of coal at domestic thermal power plants as on October 31 was 25.6 million tonnes (MT) -- the highest-ever in the month of October except for FY’21, the government said on Tuesday. The supply of coal to the power sector is regularly being supervised by the coal ministry...

‘Need good quality cotton seeds to boost productivity’

Wednesday, 09 November 2022 | PTI | New Delhi

To increase India’s cotton productivity, supply of good quality seeds is the need of the hour and requires some concrete action from related ministries on a war footing, Union Minister Piyush Goyal has said. He also stressed the need to introduce advanced technologies related to high-yielding cotton seeds and innovative agronomy,...

SBI report says banks inadequately pricing risks as they scurry to garner deposits and lend more

Wednesday, 09 November 2022 | PTI | Mumbai

Amidst liquidity tightening and a decadal high credit growth of over 18 per cent and deposit growth falling way behind, a report has warned that banks are not adequately pricing their risks from both asset and liabilities sides. Liquidity crunch is primarily because the Reserve Bank has been sucking out funds...

Tobacco player VST logs 22% sales growth in Q2

Tobacco player VST logs 22% sales growth in Q2

Tuesday, 08 November 2022 | IANS | Hyderabad

Tobacco and cigarette manufacturer VST Industries registered a 22 per cent growth in sales and logged 15.4 per cent growth in net profit in the quarter ended September 30, 2022. The operating margin of the company stood at 21.1 per cent despite inflationary pressures that increased overall expenses considerably. The earning...

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