Share List TLI Staff New Delhi: Public sector steelmaker Steel Authority of India Ltd (SAIL) on Tuesday reported 67.9% year-on-year drop in standalone net profit at Rs 463.54 crore for the December quarter (Q3) of financial year 2022-23. The steel giant had posted a net profit of Rs 1,443.10 croreContinue Reading
Share List TLI Staff New Delhi: Drone tech start-up Indrones on Monday said that it has raised a strategic investment from BSE-listed deep-tech digital mapping firm MapmyIndia. Indrones is seeking to scale up operations and build next-gen autonomous and reliable drones with fresh funding. Drone is one of the government’sContinue Reading
Share List TLI Staff New Delhi: India’s factory output measured by Index of Industrial Production (IIP) grew 4.3% year-on-year in the month of December 2022, data released by Ministry of Statistics and Programme Implementation (MoSPI) showed on Friday. The data showed manufacturing sector growth remained weak during this period reflectingContinue Reading
Share List TLI Staff New Delhi: Expanding its network rapidly, low-cost carrier IndiGo on Friday announced its collaboration with Austrian National Tourist Office to promote travel to Vienna through its codeshare partnership with Turkish Airlines. IndiGo had recently launched daily flights to Vienna increasing capacity and offering affordable fares toContinue Reading
Share List TLI Staff Lucknow: Promising to invest Rs 75,000 crore over four years in the most-populous state of Uttar Pradesh, billionaire Mukesh Ambani on Friday said that his telecom business arm Jio will expand 5G network to each and every town of the state by end of 2023. “Today,Continue Reading
Share List TLI Staff Mumbai: Reliance Retail on Thursday said that its footwear retail chain Trends Footwear has signed up film stars Kiara Advani and Sidharth Malhotra as brand ambassadors. Commenting on the association, Akhilesh Prasad, President and CEO – Fashion and Lifestyle, Reliance Retail said, “In Kiara Advani andContinue Reading
Share List TLI Staff Bangalore: Commercial electric vehicle (EV) platform Turno on Thursday said that it has raised $13.8 million (Rs 112 crores) in its Series A funding from global investors such as B Capital, Quona Capital, Stellaris Venture Partners and others. In an official statement, the start-up said thatContinue Reading
Share List TLI Staff New Delhi: India’s drone services industry is expected to grow to over $3.63 billion in the next three years with a 60% growth in the sector over 2021-2026, said an official statement from engineering exports promotion body EEPC India. Suranjan Gupta, Executive Director, EEPC India saidContinue Reading
Share List TLI Staff Mumbai: Jio-bp, fuels and mobility joint venture between Mukesh Ambani-led RIL and British oil major, on Wednesday announced the initial rollout of E20 petrol. The E20 fuel is a 20% blend of ethanol and 80% of fossil-based fuel. “In line with the roadmap set by theContinue Reading
Share List TLI Staff New Delhi: The 25 basis points increase in policy repo rate is on expected lines considering that core inflation remains a concern even as both retail and wholesale inflations have shown downward trend, said EEPC India Chairman Arun Kumar Garodia. “While it is paramount to keepContinue Reading