Welspun Corp's net profit surged to Rs 672.19 crore in Q3 FY24, driven by lower expenses. The company's order book touched Rs 15,000 crore, indicating strong growth prospects.

Welspun Corp's net profit more than doubled to Rs 672.19 crore in the December quarter, driven by lower expenses. Total income declined but the company reduced its expenses.

Welspun Corp has partnered with Saudi Aramco to establish a LSAW line pipe manufacturing facility in Saudi Arabia, with an annual capacity of 350,000 MT. The facility is expected to be operational...

Welspun Corp is expanding its Little Rock facility in the US with a USD 100 million investment, doubling capacity to 3.5 lakh tonnes by March 2026. The expansion will create 175 new jobs.

Welspun Mauritius Holdings Limited (WMHL) has divested a 5% stake in East Pipes Integrated Company (EPIC) for around Rs 480 crore. The proceeds will be used to fund Welspun Pipes Company's new...

NTPC plans to invest Rs 96,000 crore in Chhattisgarh for clean energy projects, including nuclear, pump hydro, and solar/wind/hybrid, as part of agreements signed with the state government.

RBI Governor Sanjay Malhotra highlights plans for promoting payment system innovation with soft-touch regulations and expanding UPI for efficient cross-border payments during Digital Payments...

Assam's government borrowings rose significantly over three years, while GSDP and per capita income growth slowed in the current fiscal, according to the state's Economic Survey. Read more about...

The UP government has allocated 48 acres for the HCL-Foxconn semiconductor plant at a new location to avoid delays in infrastructure and procedures. The unit will be the first chip production unit...

Reserve Bank of India (RBI) to conduct a USD 10 billion forex swap on March 24 to inject liquidity into the banking system. The swap is a 36-month buy/sell transaction.

Mauritius is negotiating a new deal with the UK over the Chagos Archipelago, seeking a resolution that benefits all stakeholders, including India. The deal aims to restore Mauritius's sovereignty...

Assam plans to establish India's first AI-based lab for cyber surveillance to combat deepfake threats and enhance cybersecurity. The initiative aims to position Assam as a leader in AI-driven law...

NTPC plans to invest Rs 96,000 crore in Chhattisgarh for clean energy projects, including nuclear, pump hydro, and solar/wind/hybrid, as part of agreements signed with the state government.

The president of the upcoming UN climate conference (COP30) calls for concrete action, urging countries to move beyond talks and implement agreed-upon climate goals. COP30 aims to be the turning...

RBI Governor Sanjay Malhotra highlights plans for promoting payment system innovation with soft-touch regulations and expanding UPI for efficient cross-border payments during Digital Payments...