Reliance Industries has announced a substantial reduction in its workforce for the fiscal year 2023-24, cutting 11% of its employees. This reduction translates to 42,000 fewer workers compared to the …
Company
Vedanta to Save ₹1000 Crore Annually on Debt Repayment Interest Costs
Vedanta anticipates saving ₹1,000 crore each year in interest expenses following its strategic decision to use the proceeds from a recent ₹8,500 crore fund-raising effort to repay debt. The company’s …
Vedanta’s stock experienced minimal fluctuations following the release of its Q1 earnings report, which highlighted a notable 54% increase in the company’s profit after tax (PAT). At around 3:20 pm, …
Karnataka authorities have rescinded a significant GST Notice sent to Infosys, amounting to Rs 32,000 crore. This development was disclosed in an exchange filing on Thursday, leading to a 1% …
Tata Motors has secured a position among the top 10 global automobile companies, boasting a market capitalization of $51 billion.
Earlier this year, Tata Motors revealed plans to split into two distinct companies: one dedicated to its commercial vehicle operations and the other focusing on passenger vehicles, including Jaguar Land …
Suzlon Energy Shares Surge to Upper Circuit, Marking a Seven-Day Winning Streak; Is More Upside Ahead?
Suzlon Energy Share Price Update: Over the past year, the stock has skyrocketed by 285% from its 52-week low and is now trading at a peak not seen in over …
Ola Electric IPO Set to Open on August 2, Priced Between ₹72 and ₹76 per Share
Ola Electric IPO, which will run from August 2 to August 6, is targeting to raise ₹6,146 crore with shares priced between ₹72 and ₹76 each. The funds raised are …
iPhones become cheaper by up to ₹6,000 as Apple reduces prices across models
The prices of iPhones, including the 13, 14, and 15 models, will be reduced by ₹300 as Apple reduces prices across these models. Additionally, the iPhone SE will see a …
BHEL has secured a ₹10,000 crore contract to establish a thermal power station in Jharkhand.
In June, BHEL also secured a contract worth ₹13,300 crore for the first phase of setting up the plant. BHEL has secured a Letter of Intent from Damodar Valley Corp. …