Air India suspends Tel Aviv flights till Nov 30
Air India has suspended its scheduled flights to Tel Aviv until November 30 due to tensions between Israel and the militant group Hamas, with no […]
Day: November 5, 2023
IOC acquires Mercator Petroleum for Rs 148 crore
State-owned Indian Oil Corporation (IOC) has acquired Mercator Petroleum through an insolvency proceeding for approximately Rs 148 crore. The National Company Law Tribunal approved IOC’s […]
India’s power consumption grows 9.4 pc to 984.39 billion units in April-October
India’s power consumption in the April-October period grew 9.4% compared to last year, reaching around 984.39 billion units. This is attributed to improved economic activities […]
Reliance returns to oil indexation for KG gas, seeks buyers for 4 million standard cubic meters per day
Reliance Industries and bp plc have decided to price the gas produced from their KG-D6 block in India’s Bay of Bengal based on oil indexation, […]
Bank of Maharashtra top among PSU lenders in loan, deposit growth in Q2
Bank of Maharashtra (BoM) has retained the top position among public sector banks in terms of loan and deposit growth during the second quarter of […]
NTPC Renewable Energy starts commercial operation from its maiden project in Gujarat
NTPC Renewable Energy, a subsidiary of NTPC, has announced the commercial operation of its first project, a 50 MW wind project in Gujarat. This brings […]
Bank of India reports 1,458cr Q2 net profit, an increase of 52%
Bank of India (BoI) has reported a net profit of Rs 1,458 crore an increase of 52% over Rs 960 crore in the corresponding quarter […]
Byju’s FY22 results out after a year’s delay; core biz still in loss
Edtech startup Byju’s has released its FY22 earnings statement, revealing that its core business continues to suffer losses. The company reported EBITDA losses of Rs […]