Thermax Babcock & Wilcox Energy Solutions has secured a Rs 513 crore order to supply two boilers for a 600 MW greenfield energy project in Botswana.

The Network Planning Group reviewed eight infrastructure projects, including railway lines and industrial clusters, with a total estimated investment of over Rs 14 billion.

Nalanda Capital has divested a 1.2% stake in Thermax for Rs 765 crore through an open market transaction. The shares were sold at an average price of Rs 5,100.26 apiece.

Canara Bank, JSW Energy, and 11 other companies will be included in the MSCI India index effective May 31, 2024, as per the latest index review. Three companies will be removed.

Thermax Ltd reported a 20% increase in net profit to Rs 188 crore in the January-March 2024 quarter, driven by higher revenues. The company also announced a dividend of Rs 12 per share.

India's tourism sector presents a prime opportunity for job creation, says the Economic Survey, citing growth in tourist arrivals and hotel supply. The survey emphasizes the need for skilled...

CEA Nageswaran advocates for a pan-India dialogue on agriculture, urging policy re-orientation despite subsidies, to address challenges like soil degradation and environmental pollution.

Coal India has secured its first critical mineral asset, a graphite block in Madhya Pradesh, marking its entry into non-coal mineral mining. The move supports the country's green energy transition...

India's Economic Survey highlights the need for collaborative efforts between the Centre and states to enhance education quality, particularly in primary education, to achieve foundational literacy...

India's pharma sector, valued at USD 50 billion, is projected to reach USD 130 billion by 2030. Economic Survey highlights the need for skill development, innovation, and a robust supply chain for...

India's tourism sector presents a prime opportunity for job creation, says the Economic Survey, citing growth in tourist arrivals and hotel supply. The survey emphasizes the need for skilled...

India's Economic Survey 2023-24 announces allocation of 5% of USOF for telecom R&D, aiming to boost technology innovation and development of 5G and 6G services.

CEA Nageswaran advocates for a pan-India dialogue on agriculture, urging policy re-orientation despite subsidies, to address challenges like soil degradation and environmental pollution.

India's remittances, a key source of external financing, are projected to rise to $124 billion in 2024, driven by strong labor markets and diversification of migrant workforce.

India's economy needs to generate 78.5 lakh jobs annually in the non-farm sector until 2030, according to the Economic Survey, to cater to the rising workforce. The Survey suggests various measures...