Sale of profit-making FSNL to Japanese company anti-national: CITU
Tapan Sen, former MP and CITU general secretary. | Photo Credit: RAO GN Left-leaning Centre of Indian Trade Unions (CITU) has questioned the Union government’s decision to sell public sector firm Ferro Scrap Nigam Limited (FSNL) to a Japanese corporation. A subsidiary of MSTC Limited, the FSNL had recently made
NTPC Green Energy Q3 profit grows 18% to ₹66 crore
Image for representative purposes only | Photo Credit: Special arrangement NTPC Green Energy Ltd (NGEL) on Saturday (January 25, 2025) reported an 18% rise in consolidated net profit at ₹65.61 crore for the December quarter FY25, on account of higher income. It had logged ₹55.61 crore net profit in the
Customers get a glimpse of the new compact SUV Kia Syros
Launch of Kia Syros in Chennai on January 25, 2025. | Photo Credit: R. Ravindran From panoramic sunroof to wireless charging, stolen vehicle tracking to front ventilated seats, customers in Chennai were given a glimpse of what Kia promises to offer in its new compact SUV, the Syros. R. Arunkumar,
ICICI Bank Q3 PAT increases 14.8% to ₹11,792 crore
The gross NPA additions were ₹6,085 crore out of which ₹5,300 crore were from retail and rural and the rest was from corporates, Sandeep Batra, executive director, ICICI Bank said. | Photo Credit: Special Arrangement ICICI Bank, the second largest private sector bank, reported a 14.8% year-on-year growth in net
Yes Bank Q3 net profit surges 165% to ₹612 crore
Yes Bank for the third quarter ended December 31, 2024 reported 164.5% growth in net profit at ₹612 crore over the year ago period. The bank’s net interest income (NII) for the quarter grew Year on Year (YoY) to ₹2,224 crore. Net interest margin (NIM) at 2.4% remained flat YoY.
Dr. Agarwal’s ₹3,062 crore IPO to hit market Jan. 29
Ahead of its ₹3,062 crore Initial Public Offering (IPO) launch, the management of Chennai headquartered Dr. Agarwal’s Health Care Limited said there has been a phenomenal growth in the eye-care market in India. The IPO includes a ₹300 crore primary raise, with the balance ₹2,762 crore from a secondary sale
Centre finally notifies Unified Pension scheme option for government staff covered by NPS
Photo used for representation purpose only. | Photo Credit: Getty Images/iStock The Unified Pension Scheme shall be applicable to such Central Government employees who are already covered under NPS and who “choose” the UPS option, the notification said, indicating workers will have to actively enroll into the UPS. “The existing
How to sustain a sustainable business
Sustainable businesses, no matter how small, are conscripted into climate action by default. Their contribution — through sustainable production processes and products that serve as eco-friendly alternatives — does chip away at the climate problem. While engaged in this larger battle, they are waging another at a personal level, a
Union Budget 2025: Health experts hope for less GST on medical goods, better funding for R&D, inclusion in PMJAY from age 60
Image for representation. | Photo Credit: The Hindu Stakeholders from the healthcare sector, specifying their expectations from the upcoming Union budget, sought higher budget allocation for the sector; reduction in Goods and Services Tax (GST) and import duties on critical medical equipment and supplies; lower treatment costs for patients; and
New Route Between Los Angeles and Athens Bolsters Norse Atlantic’s Coverage
Norse Atlantic has launched a new route between Los Angeles International Airport (LAX) and Athens (ATH), adding to its transatlantic offering. The new route will mark the airline’s commitment to offering new destinations for the US market, with affordable fare options. Launching on June