Aerospace major Rolls-Royce on Monday said it intends to double its supply chain sourcing from India over the next five years. Photograph: Nadja Wohlleben/Reuters The company will seek to increase its sourcing of complex parts for advanced aerospace engines, naval
The exodus of FPIs from the Indian equity markets continued unabated, as they withdrew over Rs 7,300 crore (about $840 million) in the first week of this month due to global trade tensions, with the US imposing tariffs on countries
IT services company Infosys has laid off over 300 freshers who underwent foundational training at its Mysuru campus but could not clear internal assessments after three attempts, according to sources. IT employee union NITES, however, said the number of freshers
The Rs 10,000 crore that he had pledged will go in the creation of a network of affordable world-class hospitals and medical colleges, affordable top-tier K-12 schools and advanced global skill academics with assured employability. IMAGE: Jeet Adani and his
Equity benchmark indices Sensex and Nifty ended lower on Friday as the RBI’s rate cut did not spring any major surprise for the markets and investors turned to profit-taking amid foreign fund outflows. Photograph: Kind courtesy Geralt/Pixabay Registering its third
The Reserve Bank on Friday projected the retail inflation at 4.2 per cent for next financial year beginning April while retaining the forecast for 2024-25 at 4.8 per cent. Unveiling the last bi-monthly monetary policy of this fiscal year,
Former Resolution Professional of insolvency-bound edtech firm Byju’s has moved appellate tribunal NCLAT challenging disciplinary action recommended against him by the Bengaluru bench of NCLT. Besides, former promoters of Byju’s and brother of Byju Raveendran – Riju Raveendran also moved
Benchmark indices Sensex and Nifty slid for the second consecutive day on Thursday amid caution ahead of the RBI’s monetary policy decision and fresh foreign fund outflows. Photograph: Francis Mascarenhas/Reuters The 30-share BSE Sensex dropped 213.12 points or 0.27 per
‘The steel industry expects the government to decide on safeguard measures from dumping post-Budget’ IMAGE: A labourer works inside a steel factory in Kanpur.(Kindly note the image has only been published for representational purposes.) Photograph: Pawan Kumar/Reuters India’s largest steel
‘We plan to launch new initiatives, including cash flow-based lending, to ensure borrowers are not burdened and can access funds more quickly.’ Punjab & Sind Bank expects total recovery of more than Rs 1,000 crore in FY25. Managing director
