BSNL subscribers on rise, homegrown 4G community prepared, says Scindia

Union Minister Jyotiraditya Scindia on Saturday claimed that the subscriber base for the government-run BSNL has been growing, whereas a homegrown 4G community can be prepared and work is on to transform it to 5G. Speaking to reporters right here, the Union minister for communications mentioned underneath Atmanirbhar Bharat, a 4G community with indigenous expertise … Read more

Texmaco secures ₹243 crore order for Mumbai Railway energy provide initiatives

Metropolis-based engineering firm Texmaco Rail & Engineering Ltd on Saturday mentioned it has secured orders price ₹243 crore from the Mumbai Railway Vikas Company (MRVC) for energy provide initiatives on two routes in Maharashtra. The corporate’s hyper-specialised EPC division, Brilliant Energy, can be accountable for the design, building, set up, testing, and commissioning of the … Read more

Tata Group unveils ₹27,000 crore semiconductor hub in Assam, promising 15 billion chips yearly

On the Tata Group’s ₹27,000-crore greenfield semiconductor meeting and check facility in Assam, which is predicted to be operationalised by subsequent 12 months, round 15 billion chips might be packaged yearly for purchasers globally. For India’s first indigenous facility for meeting and testing of semiconductor chips, the Bhoomi Pujan ceremony was carried out on Saturday. … Read more

India secures $3 billion in cross-border actual property investments in H1 2024

India ranked fifth in cross-border actual property investments within the APAC area, attracting 9 per cent of the overall quantity of funding inside the area within the first half of 2024, a Knight Frank report stated. Australia acquired essentially the most at 36 per cent share, adopted by Japan at 23 per cent. Of the … Read more

The Bull and Bear Case for Fairness Valuations

The Nifty-50, final week, scaled yet one more peak of 25,000 in its relentless momentum over the past 4 years. Whereas the first driver — earnings progress — has been dissected in a number of methods, there are different drivers of valuations that largely go unnoticed. Rule primary in basic investing is that fairness valuations … Read more

Nifty and Financial institution Nifty Prediction for the week 05 Aug’24 to 09 Aug’24 by BL GURU

lobal fairness markets have come beneath strain because the concern of a #recession within the #US has resurfaced after the weak financial information releases final week. The preliminary set off for the autumn in equities got here from the #PMI information launch on Thursday and the #jobsdata launch on Friday has added extra gasoline to … Read more

India to host ASEAN-India commerce settlement evaluate talks in November

India will host the subsequent spherical of negotiations to evaluate the Asean-India Commerce in Items  Settlement (AITIGA) in November this yr, per the federal government. The 2 sides participated within the third spherical of the AITGA evaluate in Indonesia this week, throughout which vital efforts had been made to maneuver the talks ahead. “The evaluate … Read more

Sonata Software program CFO says income progress has bounced again this quarter

The expansion trajectory for income is robust due to the pipeline and order e-book, stated Sonata Software program’s CFO, Jagannathan Chakravarthi. The corporate’s worldwide enterprise reported a income progress of 1.3 per cent quarter on quarter (QoQ) and eight.5 per cent 12 months on 12 months (YoY) at ₹687.8 crore within the quarter ended June … Read more

SBI Q1 Outcomes: Internet revenue marginally rises to ₹17,035 crore

State Financial institution of India (SBI) reported a marginal improve in first quarter standalone internet revenue at ₹17,035 crore, with the underside line being weighed down by a decline in non-interest earnings and a leap in mortgage loss provisions. Additionally learn: SBI posts document revenue in This fall FY24 on rise in earnings, leash on … Read more