business news the hindu Archives - Page 2 of 2

Moody’s sees Quad bolstering India’s trade, investment flows

September 27, 2022September 28, 2022cpooldigitalLeave a Comment

Rating firm flags country’s ‘relatively protectionist’ approach, regulatory and infrastructure constraints as key determinants of extent of gains Rating firm flags country’s ‘relatively protectionist’ approach, regulatory and infrastructure constraints as key determinants of extent of gains India’s membership of the Quadrilateral Security Dialogue would give it an opportunity to benefit from greater trade and investment […]

India set to allow 5 mn tonnes of sugar exports in first tranche

September 14, 2022September 14, 2022cpooldigitalLeave a Comment

India is poised to allow 5 million tonnes of sugar exports in the first tranche for the new marketing year India is poised to allow 5 million tonnes of sugar exports in the first tranche for the new marketing year India is poised to allow 5 million tonnes of sugar exports in the first tranche […]

Telecom service quality norms may get tighter

September 14, 2022September 14, 2022cpooldigitalLeave a Comment

Telecom Minister Ashwini Vaishnaw on Wednesday assured the sector of more reforms in the offing but asserted that the industry too would have to do its bit and reciprocate by improving service quality “significantly”. He indicated that service quality parameters would be significantly increased and that the Telecom Department would approach the Telecom Regulatory Authority […]

Billionaire Venture Capital, DBS Bank form JV to help start-ups

September 14, 2022September 15, 2022cpooldigitalLeave a Comment

The newly formed joint venture will earmark about $200 million in collaboration with DBS Bank to extend capital for about 150 start-ups in Tamil Nadu, Karnataka and Maharashtra The newly formed joint venture will earmark about $200 million in collaboration with DBS Bank to extend capital for about 150 start-ups in Tamil Nadu, Karnataka and […]

India well positioned to take pole position in digital engineering domain: Study

September 14, 2022September 15, 2022cpooldigitalLeave a Comment

The study also observed that India was becoming more popular as a location for digital engineering due to a variety of factors The study also observed that India was becoming more popular as a location for digital engineering due to a variety of factors India’s digital engineering (DE) space is growing rapidly, and it is […]

Munoth Industries to start making lithium-ion cells at Tirupati unit

September 14, 2022September 15, 2022cpooldigitalLeave a Comment

Munoth Industries Ltd. (MIL) has announced the pre-production of lithium-ion cells for the consumer electronics segment at its soon-to-be inaugurated Tirupati unit. “We will start pre-production on September 16. The commercial production and formal opening of the facility is slated for mid-October,” said vice chairman Jaswant Munoth. The trial run will be inaugurated by Union […]

Coal India Q1 profit almost triples to ₹8,833 crore

August 11, 2022August 11, 2022cpooldigitalLeave a Comment

Shares of the company climbed 2.02% to ₹219.85 apiece on the BSE Coal India Ltd. on Wednesday reported an almost threefold rise in consolidated net profit to ₹8,832.86 crore for quarter ended June on the back of higher sales. The company had posted a net profit of ₹3,169.86 crore in the year-earlier period, Coal India […]

Fitch flags fears from fuel price freeze for OMCs

August 10, 2022August 10, 2022cpooldigitalLeave a Comment

‘Prolonged State interference in auto fuels’ retail prices and losses for OMCs a negative’ ‘Prolonged State interference in auto fuels’ retail prices and losses for OMCs a negative’ Oil marketing companies’ (OMCs’) losses on account of frozen retail fuel prices and the prospect of prolonged ‘State interference’ in pricing decisions pose a negative risk for […]

Cholamandalam Financial Holdings Q1 consolidated net rises 63% to ₹582 crore

August 10, 2022August 10, 2022cpooldigitalLeave a Comment

Cholamandalam Financial Holdings Ltd. (CFHL), a core investment company of the Murugappa Group, has posted a 63% growth in its consolidated net profit for the first quarter to ₹582 crore. Total income rose by 10% to ₹3,963 crore, the company said in a regulatory filing. Cholamandalam Investment & Finance Company Ltd., in which the company […]