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Centre clears two more semiconductor projects

The two approved proposals are to set up semiconductor manufacturing facilities in Gujarat with a cumulative investment of around Rs.3,936 crore. These are expected...

Hero Moto posts record Q4 profit

The company’s fourth-quarter net profit jumped 30 per cent to Rs 1,401 crore from Rs 1,081 crore in the same period last year. Revenue from...

Union Cabinet approves credit guarantee scheme

The coverage will be provided  to Member Lending Institutions (MLIs) by National Credit Guarantee Trustee Company Limited (NCGTC) for the amount in default under...

Service sector to remain key growth engine: L&T

Momentum is likely to be sustained by continued expansion in fintech, cloud technologies, AI-enabled services, and the rise of Global Capability Centers (GCCs), the...

Spandana Sphoorty turns profitable after 6 quarters

“The microfinance sector has turned a tough corner after a long spell of challenging times. As the market conditions improve, Spandana’s key indicators continued...

Marico expects high single-digit volume growth

"We aspire to deliver high-teen EBITDA growth, subject to current macros,” the company said. Marico, which owns brands like Parachute and Saffola Edible Oils, said...

M&M sees mid to high teen growth in SUV

India’s economy is on a sound footing despite short term inflation pressure, it said. Manufacturing capacity ramp up on-track to meet volume growth aspiration, the...

Biocon’s Kiran Mazumdar-Shaw identifies successor

Shaw has mentioned this in her interview with Fortune India. “Not planning to hang up my boots for a while! Claire will gradually transition into...

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Kotak Mahindra Bank MD Ashok Vaswani to quit

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Adani launches initiative for Entrepreneurs

The programme will reach all 36 States and Union...

US Energy Ties: India needs ‘strategic thinking’

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