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The double-edged sword of parallel power supply

New Delhi, Aug. 7 -- In the the Indian electricity industry, the issue of parallel distribution licensing is creating a buzz. The critical question, however, is whether the existing grid can handle th... Read More


Next challenge for India's digital lending revolution

New Delhi, Aug. 7 -- India's digital lending revolution has transformed access to credit. Loans that once required lengthy paperwork and multiple visits to a bank branch can now be sanctioned within m... Read More


Inox Wind Q1 PAT falls 34% on strategic shift, says benefits to reflect from Q3

New Delhi, Aug. 7 -- Renewable energy solutions provider Inox Wind Ltd reported a 34 per cent year-on-year decline in first-quarter consolidated net profit. The company said operations remained resil... Read More


Ola Electric narrows Q1 loss by 21% as deliveries surge and market share recovers

New Delhi, Aug. 7 -- EV-maker Ola Electric narrowed its loss by 21% to Rs.336 crore in Q1 FY27, as a sharp recovery in volumes helped the company increase its market share to 8.4% from 5.1% in the pre... Read More


Top five States account for 54% of Jan Dhan beneficiaries; SBI leads in accounts

New Delhi, Aug. 7 -- More than half of India's Pradhan Mantri Jan Dhan Yojana (PMJDY) beneficiaries are concentrated in just five states, Uttar Pradesh alone accounting for nearly 18 per cent of the c... Read More


Parag Milk Foods to invest Rs.105 crore to double cheese manufacturing capacity by FY28

New Delhi, Aug. 7 -- Parag Milk Foods Ltd. (PMFL) announced on Friday that its board has approved a plan to double its cheese manufacturing capacity from 60 metric tonnes per day to 120 mt/day, at an ... Read More


RBI's draft NBFC lending norms drag Sensex, Nifty despite strong Q1 earnings

New Delhi, Aug. 7 -- The Reserve Bank of India's draft proposal to restrict revolving credit facilities for non-banking financial companies sent shockwaves through the financial sector on Friday, pull... Read More


Godrej Consumer Products sees 19% jump in Q1 revenue

New Delhi, Aug. 7 -- Godrej Consumer Products Ltd on Friday reported consolidated revenue from operations of Rs.4,225 crore for the quarter ended June, a 19 per cent increase from the year-ago period.... Read More


India's cultivable land declines, but gross area under crops increases

New Delhi, Aug. 7 -- The Indian Government has said that the total cultivable land in India has decreased over the past three years. However, the gross cropped area has expanded significantly. Citing... Read More


Not debarred by NHAI, says PNC Infratech

New Delhi, Aug. 7 -- PNC Infratech has clarified that it was not 'debarred' or declared 'non-performer' by the National Highways Authority of India. A subsidiary of PNC Infratech -- Awadh Expressway ... Read More