Infosys has reported a consolidated net profit at Rs 5,215 crore for the third quarter of this fiscal. It amounts to 16.8 per cent year-on-year (Y-O-Y) increase. The gross revenue for this quarter rose 12.3 per cent YOY to Rs 25927 crore. The company has raised revenue guidance band to approx. 5 per cent and…
Kerala has achieved the distinction of becoming eighth state in the country to undertake “Ease of Doing Business” reform successfully. Thus, the State has become eligible to mobilise additional financial resources of Rs.2,373 crore through Open Market Borrowings. These eight States will now be granted additional borrowing permission of Rs.23,149 crore. The other seven states…
President Ram Nath Kovind while speaking at the valedictory session of the 16th Pravasi Bhartiya Divas convention through video conferencing said that it’s an occasion to recall the ideals of Gandhiji for individual as well as collective life. He said the Indian diaspora champions Indian’s cause on global stage and that on this day in…
The work for High Speed Rail Network between Delhi-Varanasi has been started with the beginning of aerial ground survey through a helicopter fitted with imagery sensors and Aerial Light Detection and Ranging Survey (LiDAR). Through the first flight of this helicopter, the imagery sensors captured the related data to the ground survey. It is through…
The Ministry of External Affairs is organising Pravasi Bhartiya Divas 2021 Convention based on the theme Contributing to Aatmanirbhar Bharat virtually and the mega event, being organised on January 9, encompasses three sessions. H.E. Chandrikapersad Santokhi, President of the Republic of Suriname will be the Chief Guest of the event to be inaugurated by Prime…
National Aluminium Company Limited (NALCO) has announced an ambitious expansion and diversification plan with an investment outlay of around Rs30,000 crore to be achieved by the financial year 2027-28. A mega growth plan it will have a multiplier effect in production as well as consumption of Aluminium, said Pralhad Joshi, Minister for Coal and Mines…
Jammu & Kashmir Lieutenant Governor Manoj Sinha announced a Rs 28,400 crore mega Industrial development package approved by Government of India in the twin UTs. He said the package is targeted at offering a boost to the industrial sector in J&K by setting up new units and creating 4.5 lakh jobs in the next 17…
Indian Railways has denied claims being made by a section of media that it’s all set to increase passenger fares. It has rebuffed all such reports which state that there is a possibility of Indian Railways may hike passenger fares. According to Indian Railways all such reports are baseless and that all such reports are…
Promoting ease of doing business, Ministry of Railways has launched a dedicated freight portal with aim to simplify the entire process involved in goods transportation and ensure all its operations concerning freight business remain customer centric and reduce the costs for logistics providers, besides providing online tracking facility for the suppliers. Touted as a game…
While “Vocal for Local” and “Aatmanirbhar Bharat” movements have gained the much desired focus due to the challenges thrown by COVID-19 pandemic, the national nodal agency TRIFED, in the meanwhile, has been working comprehensively to support market and promote indigenous products manufactured by tribal groups since centuries. These include handlooms, handicrafts and various other products…
