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Corporate earnings surprised on the upside due to improvement in margins

Feb 24, 2024

New Delhi, Feb 24 (IANS) The corporate earnings momentum has improved significantly since FY20.Earnings have surprised on the upside in the recent past, driven by an improvement in margins, foreign brokerage Nomura said in a research report.“We think, from hereon, margin levers are limited and growth will be largely dependent on volume growth," it…

Decline in FPI equity outflows despite rising bond yields in US

Feb 24, 2024

New Delhi, Feb 24 (IANS) An interesting feature of the FPI trend recently is the decline in FPI equity outflows despite the rising bond yields in the US, says V K Vijayakumar, Chief Investment Strategist, Geojit Financial Services.…

Business

Terrific to discuss India’s growth with Gautam Adani over delicious breakfast: Uber CEO

Feb 24, 2024

New Delhi, Feb 24 (IANS) Uber's global CEO Dara Khosrowshahi on Saturday said it was terrific to discuss India's phenomenal growth and rising entrepreneurship with Adani Group Founder and Chairman Gautam Adani over "delicious breakfast".…

Business

PM Modi to throw open India’s longest cable-stayed bridge in Gujarat on Feb 25

Feb 24, 2024

New Delhi, Feb 24 (IANS) Prime Minister Narednra Modi on February 25 will dedicate to the nation Sudarshan Setu -- the country’s longest cable-stayed bridge -- which will connect Okha mainland and Beyt Dwarka island. As per PMO statement,…

Business

Absolutely captivating chat: Gautam Adani, Uber CEO discuss future collaborations

Feb 24, 2024

New Delhi, Feb 24 (IANS) Adani Group Founder and Chairman Gautam Adani on Saturday met Uber's global CEO Dara Khosrowshahi and discussed future collaborations in India, as the country doubles down on green and sustainable energy.In a post…

Business

Quickly addressed the issue: Google on ‘illegal’ AI responses to questions on PM Modi

Feb 24, 2024

New Delhi, Feb 24 (IANS) Google on Saturday said that it has worked “quickly to address” the responses generated by its Artificial Intelligence (AI) platform Gemini regarding Prime Minister Narendra Modi. The IT Ministry was in the process…

Business

Log9, Trinity Cleantech partner to build EV charging network in India

Feb 24, 2024

New Delhi, Feb 24 (IANS) EV charging provider Log9 and EV company Trinity Cleantech on Saturday joined forces to establish a seamless interoperable charging network in the country.Trinity will provide 2,000 public charging stations that…

Business

Yami’s ‘Article 370’ rakes in over Rs 5 cr, Vidyut-starrer ‘Crakk’ mints Rs 4 cr on Day 1

Feb 24, 2024

Mumbai, Feb 24 (IANS) Bollywood actress Yami Gautam-starrer ‘Article 370’ has made over five crore Rupees, and action star Vidyut Jammwal’s film ‘Crakk: Jeetega Toh Jiyegaa!’ has minted four crore Rupees on the first day of their releases.…

Business

Kalyani Steel signs MoU with Odisha govt to set up manufacturing complex

Feb 24, 2024

Bhubaneswar, Feb 24 (IANS) The Kalyani Steel Limited on Friday signed an MoU with the Odisha government on Friday in the presence of Chief Minister Naveen Patnaik for the establishment of a Titanium Metal and Aerospace Components…

Business

India dedicated funds see 49th straight week of inflows

Feb 24, 2024

New Delhi, Feb 23 (IANS) India dedicated funds have now seen the 49th straight week of inflows, Elara Securities said in a report.The inflows include $712 million this week after $766 million in the previous week. Largecap funds continued…

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