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Attero’s net profit falls 31 pc in FY24, firm says crosses Rs 1,000 cr in revenue (Lead)

Apr 3, 2025

New Delhi, April 3 (IANS) Electronic waste recycling startup Attero reported a 31 per cent decline in net profit in FY24 due to its rising expenses, according to the company’s latest financials.The firm’s net profit fell from Rs 21 crore in FY23 to Rs 14.5 crore in FY24 due to increased costs, particularly procurement expenses, which weighed…

US tariffs a chance to boost ‘Make in India’, empower MSMEs: PHDCCI CEO

Apr 3, 2025

New Delhi, April 3 (IANS) Amid concerns over the US reciprocal tariffs, Ranjit Mehta, CEO of the PHD Chamber of Commerce and Industry (PHDCCI), said on Thursday that this is an opportunity for India for high-quality production and global…

Technology

Andhra CM invites OpenAI CEO Altman to Amaravati to discuss future of AI

Apr 3, 2025

Amaravati, April 3 (IANS) Andhra Pradesh Chief Minister N. Chandrababu Naidu on Thursday extended an invitation to OpenAI CEO Sam Altman to visit Amaravati and explore the state’s vision for AI-driven advancements.The invitation came in…

Technology

US tariffs: Veteran investors raise fears about ‘global efficiencies of production’

Apr 3, 2025

New Delhi, April 3 (IANS) Veteran hedge fund manager Ray Dalio on Thursday sounded cautiously optimistic on US reciprocal tariffs, saying it could raise revenue and help shore up domestic production capabilities.At the same time, he also…

Technology

BEL inks deal with Indian Air Force for maintenance of Akash missile system

Apr 2, 2025

Bengaluru, April 2 (IANS) Navratna defence public sector undertaking Bharat Electronics Limited (BEL) has signed a contract with the Indian Air Force, valued at Rs 593.22 crore, for providing maintenance services for the Akash missile…

Technology

Kirloskar gets Rs 270 crore order to develop engines for Indian Navy ships

Apr 2, 2025

New Delhi, April 2 (IANS) The Indian Navy signed a Rs 270 crore contract with Kirloskar Oil Engines Limited on Wednesday for the design and development of 6MW medium speed marine diesel engines in a significant step to enhance the country’s…

Technology

Railways poised to cross record 1.6 billion tonnes freight loading in 2024-25: Vaishnaw

Apr 2, 2025

New Delhi, April 2 (IANS) Indian Railways is set to achieve 1.6 billion tonnes freight loading in FY 2024-25, making it the third largest freight handling railway system in the world, the Parliament was informed on Wednesday.Due to the…

Technology

Startup Mahakumbh to offer big business opportunities for entrepreneurs, investors

Apr 2, 2025

New Delhi, April 2 (IANS) The highly anticipated second edition of Startup Mahakumbh is set to take place at Bharat Mandapam from April 3 to 5, providing a massive platform for entrepreneurs, investors, and industry leaders to connect and…

Technology

India surpasses Europe, US in locomotive production to emerge as world leader

Apr 2, 2025

New Delhi, April 2 (IANS) India has emerged as a global leader in railway locomotive manufacturing, achieving a record production of 1,681 locomotives in the financial year 2024-25, according to a Railway Ministry statement issued on…

Technology

Future City will be an investment destination, says Telangana CM

Mar 30, 2025

Hyderabad, March 30 (IANS) Telangana Chief Minister A. Revanth Reddy said on Sunday that the proposed Future City near Hyderabad will emerge as a destination for investments in the country.Addressing the main official celebration to mark…

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