Chandra Shekhar Verma, former CMD of SAIL, has joined Shyam Metalics and Energy Ltd as an independent director, contributing to the company's strategic advisory board.

NMDC unveils a new state-of-the-art R&D facility in Hyderabad, focusing on sustainable mineral processing and steel technology. The facility boasts cutting-edge labs and a team of experts.

NMDC's iron ore production fell 37% in May 2024 to 2.34 MnT, while sales declined 22% to 2.82 MnT. The company also increased prices of lump ore and fines.

NMDC, India's largest iron ore miner, has increased the price of lump ore by Rs 250/tonne and fines by Rs 350/tonne, effective immediately. The price hike is expected to impact steel prices.

NMDC's net profit fell by 38% to Rs 1,415.62 crore in Q4 FY24 due to increased expenses. Read more about the company's financial performance.

Wipro shares plummeted nearly 9% on Monday after the IT major announced flat sequential growth guidance for the upcoming quarter. The company reported a 4.6% YoY rise in net profit but saw a...

Business leaders urge the creation of a new NBFC-PSL category in the Union Budget to boost MSME lending and growth.

Indian stock markets opened lower on Monday, with Reliance Industries and Kotak Mahindra Bank leading the decline, mirroring weak global trends. Sensex fell by 504 points and Nifty dropped 168 points.

Purabi Dairy has partnered with the Assam government to operate a 5,000-liter daily capacity dairy plant in Dhemaji district, boosting the dairy sector in upper Assam.

NITES, an IT workers' union, has criticized HCL Technologies' new policy linking leaves to office attendance, calling it unfair and urging the company to reconsider. The policy mandates at least 12...

Wipro shares plummeted nearly 9% on Monday after the IT major announced flat sequential growth guidance for the upcoming quarter. The company reported a 4.6% YoY rise in net profit but saw a...

Business leaders urge the creation of a new NBFC-PSL category in the Union Budget to boost MSME lending and growth.

China's central bank has cut interest rates to revive the property sector and stimulate economic growth, aiming to counter a slowdown.

Indian stock markets opened lower on Monday, with Reliance Industries and Kotak Mahindra Bank leading the decline, mirroring weak global trends. Sensex fell by 504 points and Nifty dropped 168 points.

The Indian rupee recovered 5 paise against the US dollar in early trade on Monday, as the American currency retreated from its elevated level. Foreign fund inflows and possible intervention by the...