Search result for 'backlog'

Protect Documented Dreamers: Urgent Call to Biden Admin

June 14, 2024 10:27

Lawmakers urge Biden admin to protect Documented Dreamers facing self-deportation after aging out of temporary visa status. The campaign targets over 250,000 individuals, many of whom are Indian.

Boeing 737 Max Sales Stall for Second Month

June 12, 2024 00:11

Boeing's 737 Max sales have stalled for the second straight month, with no new orders in May, as fallout continues from a January incident.

HCC Q4 Profit Surges 22% to Rs 246 cr | Business News

May 24, 2024 18:54

Hindustan Construction Company (HCC) reported a 22.12% rise in consolidated net profit to Rs 246.2 crore in the quarter ended March 2024, driven by strong project execution and cost control.

GE Power India Posts Rs 26 Crore Net Profit in Q4 FY24

May 22, 2024 16:09

GE Power India reported a consolidated net profit of Rs 25.94 crore in the March 2024 quarter, driven by higher revenue. The company's order backlog declined to Rs 3,309 crore, while total income...

Siemens Shares Surge 7% on Strong Q4 Earnings

May 15, 2024 16:34

Siemens Ltd shares climbed 7% after reporting a 74% rise in Q4 profit, driven by higher revenues. The company also received new orders worth Rs 5,184 crore.

Siemens Qtr Profit Up 74% at Rs 896 Cr - Demerger & Expansion

May 14, 2024 17:48

Siemens India reports 74% rise in March quarter profit, driven by higher revenues. The company also announces demerger of its energy business and expansion of two factories.

ABB India Profit Soars 87% to Rs 460 Cr in Q4 FY24

May 10, 2024 18:21

ABB India's net profit jumped 87% to Rs 460 crore in the March 2024 quarter, driven by higher revenues and strong demand for its solutions.

Airbus Outpaces Boeing, but Supply Chain Limits Growth

May 6, 2024 11:25

Airbus has surpassed Boeing in aircraft orders and deliveries, but supply chain constraints limit its ability to further capitalize on Boeing's struggles. The duopoly remains, with airlines...

India on US Priority Watch List for IP Protection

April 25, 2024 19:51

The US has placed India on its Priority Watch List for inadequate intellectual property (IP) protection and enforcement, citing concerns over online piracy, patent issues, and trade secrets.

66K Indians Became US Citizens in 2022: Report

April 22, 2024 09:02

India was the second-largest source country for new US citizens in 2022, with 66,000 Indians becoming citizens, according to a Congressional Research Service report. Learn about naturalization...

Air India Hires 5,700+ Staff in FY24: Transformation Plan

April 5, 2024 20:39

Air India hired over 5,700 employees, including 3,800 flying crew, in FY24, as part of its five-year transformation plan. The airline also launched 16 new routes and inducted new aircraft.

Punjab Budget 2024-25: Opposition Slams 'Disappointing' & 'Visionless' Budget

March 5, 2024 20:52

Opposition parties in Punjab criticized the 2024-25 budget, calling it "disappointing" and "visionless", accusing the government of failing to fulfill promises...

China Economy Slowdown: Property Crisis, Jobs & Growth Concerns

March 4, 2024 17:04

China's annual congress focuses on reviving its slowing economy and stabilizing the property market. Concerns remain over job creation, foreign investment, and deflation.

China Economy Slowdown: Property Market, Congress Focus

March 4, 2024 12:18

China's annual congress tackles slowing economy, property market crisis, and workforce challenges. Experts weigh in on potential solutions.

Biden Focuses on Visa & Green Card Backlog: H-1B Updates

February 29, 2024 10:33

The White House confirms President Biden's commitment to improving the H-1B visa process, Green Card backlog, and overall legal immigration system. Read about the latest changes and updates.

Global Trends to Guide Indian Stock Markets This Week

February 18, 2024 14:22

Indian stock markets are expected to be driven by global factors this week, with crude oil prices, rupee movement, and the US Federal Reserve meeting minutes influencing market sentiment.

Nigeria's Naira Plunges to Record Low Amid Inflation

February 17, 2024 12:04

Nigeria's Naira hits a record low against the dollar as inflation surges to 29.9%, exacerbating economic hardship for Nigerians. Learn about the causes and potential solutions.

GE Power India Turns Profitable in Q3 | Rs 37 Lakh Net Profit

February 13, 2024 16:49

GE Power India reported a net profit of Rs 37 lakh in the December 2023 quarter, driven by lower expenses. The company's total income fell, but expenses were trimmed. Read more.

Fulcrum Digital Hiring 700 in 2024: AI Focus

February 12, 2024 16:47

Fulcrum Digital, a digital engineering company, plans to hire 700 employees in 2024 across AI, data science, and software development. The company also launched Ryze, a generative AI platform.

SBI Wage Hike: Rs 26,000 Crore Impact by March

February 4, 2024 12:49

State Bank of India (SBI) reports a sharp decline in Q4 profit due to a one-time provision of Rs 7,100 crore for wage hike and pension adjustments. The total impact by March is estimated at Rs...

SBI Q3 Profit Down 35% Due to Salary, Pension Arrears

February 3, 2024 18:53

State Bank of India's Q3 profit fell 35% to Rs 9,164 crore due to a one-time provision of Rs 7,100 crore for salary and pension arrears. Despite this, the bank remains confident about credit growth.

L&T Shares Plunge 4%, Mcap Drops Rs 21,064 Cr - News

January 31, 2024 18:06

Larsen & Toubro shares fell over 4% on Wednesday, eroding its market cap by Rs 21,064.95 crore, after its December quarter earnings missed market expectations.

Voltas Q3 Net Loss Shrinks, Sales Up 32% - PTI

January 30, 2024 22:18

Voltas Ltd. reported a narrowed consolidated net loss of Rs 27.60 crore in Q3 FY24, driven by festive season sales. Sales grew by 32% to Rs 2,612.29 crore.

IMF Upgrades Global Growth Forecast, Sees Lower Inflation

January 30, 2024 18:43

The IMF has upgraded its outlook for the global economy, expecting 3.1% growth this year and a slowdown in inflation. The US economy is projected to grow by 2.1%, while China's growth is expected...

China Evergrande Liquidation: Step in Fixing Debt Crisis

January 30, 2024 17:25

Hong Kong court orders liquidation of China Evergrande, but experts question its impact on China's debt crisis. Learn about the challenges and potential solutions.

India-US Relationship: FTA & China Threat - Congressman Issa

January 30, 2024 15:05

Congressman Issa highlights the China threat as an opportunity for a strong US-India partnership, advocating for a Free Trade Agreement (FTA) to deepen economic ties.

Akasa Air Orders 300+ CFM LEAP-1B Engines for Boeing 737 MAX

January 26, 2024 18:27

Akasa Air has signed an agreement with CFM International to purchase over 300 CFM LEAP-1B engines for its 150 Boeing 737 MAX airplanes. This deal expands Akasa Air's fleet and CFM's presence in India.

India-US Relations: Ambassador Sandhu's Legacy

January 26, 2024 12:07

USISPF praises India's Ambassador to US, Taranjit Singh Sandhu, for his role in strengthening India-US relations and fostering a strong partnership.

Hitachi Energy India Q3 Profit Soars 400% to Rs 23 Cr

January 24, 2024 10:17

Hitachi Energy India's net profit jumped 400% to Rs 23 crore in Q3 FY24, driven by higher revenues and strong order execution. The company also saw significant growth in export orders and order...

UK Sets Deadline for Northern Ireland Government Revival

January 24, 2024 00:34

The UK government has given Northern Ireland politicians until February 8 to restore the collapsed regional government in Belfast. The extension comes as the DUP may end its boycott.

India Flags US Visa Delays at TPF Meeting

January 13, 2024 10:55

India raised concerns about visa delays for Indian businesses at the Trade Policy Forum (TPF) meeting, urging the US to expedite the process.

India, US Boost Engagement on Medical Devices Trade

January 12, 2024 22:46

India and the US have agreed to increase engagement to address issues impacting medical devices trade, including pricing and standards. The two countries also discussed pharmaceutical supply chain...

India-US Trade Talks: Social Security Pact, Mango Access Key

January 11, 2024 19:34

India seeks a social security pact with the US, greater market access for mangoes, and faster USFDA inspections for pharma during the Trade Policy Forum (TPF) meeting in Delhi.

US Inflation Edges Up: Food, Housing Drive Prices

January 11, 2024 19:32

US inflation rose slightly in December, driven by higher food and housing costs, signaling continued challenges for the Federal Reserve's inflation-fighting efforts.

India Demands Faster USFDA Inspections at Trade Forum

January 10, 2024 18:49

India will push for expedited USFDA inspections, removal of shrimp export ban, and GSP reinstatement at the Trade Policy Forum (TPF) meeting on Friday. The meeting will address key trade issues...

Lok Sabha Passes GST & Tax Bills: Age Cap, Budget Duty Changes

December 19, 2023 19:42

The Lok Sabha passed two bills: one capping age for GSTAT members and another provisionally enacting Budget duty changes. Learn about the key provisions and impact.

Lok Sabha Passes Bill to Cap GSTAT Prez, Members Age

December 19, 2023 19:20

Lok Sabha passed two bills, one capping the age limit for GSTAT President and members and the other giving immediate effect to Budget changes in customs and excise duties.

GST Bill Raises Age Limit for President & Members of Appellate Tribunals

December 13, 2023 16:26

Finance Minister Nirmala Sitharaman introduced a bill in Lok Sabha to raise the age limit for the president and members of GST appellate tribunals to 70 and 67 years respectively. The amendment...

Boeing Promotes Stephanie Pope to COO, Potential CEO Candidate

December 12, 2023 07:16

Boeing has promoted Stephanie Pope to Chief Operating Officer, putting her in the running to become the next CEO. Pope has a long history with Boeing and is seen as a strong contender in the...

Green Card Backlog Bill: US Congressmen Aim to Reduce Wait Times

December 5, 2023 15:59

Three US Congressmen have introduced a bipartisan bill to reduce the Green Card backlog and end country-based discrimination for employment-based visas, benefiting thousands of Indian Americans.

India Services Sector Growth Hits 1-Year Low in Nov: PMI

December 5, 2023 11:27

India's services sector growth slowed in November, driven by softer new orders and output, according to the S&P Global India Services PMI. Despite the decline, expansion remains strong.

US to Launch Domestic H-1B Visa Renewal, Indians to Benefit

November 29, 2023 11:13

The US will launch a pilot program in December for domestic renewal of certain H-1B visas, primarily benefiting Indian tech professionals. This program aims to reduce visa wait times and processing...

Siemens Net Profit Jumps 36% in Q3, Revenue Up 25%

November 28, 2023 19:24

Siemens Ltd reported a 36% rise in net profit to Rs 534 crore in the September quarter, driven by higher revenues. Revenue grew by 25% to Rs 5,297 crore. The company also announced a dividend of Rs...

IBC Recoveries Decline, Resolution Timelines Prolong: Crisil

November 24, 2023 16:44

Crisil Ratings reports declining IBC recoveries and prolonged resolution timelines, highlighting challenges and recommending solutions for improved efficiency.

Mercedes-Benz India Records Sales, Bullish on 2024

November 2, 2023 17:12

Mercedes-Benz India reports record sales in 2023 and remains optimistic about 2024 despite supply challenges. The company launched two new SUVs and aims to increase its electric vehicle sales to...

Navi Mumbai Airport ILS Signal Testing Begins

The Airports Authority of India (AAI) has begun ILS signal testing at the...

Air India VRS for Non-Flying Staff Ahead of...

Air India has announced a voluntary retirement scheme (VRS) and voluntary separation...

Boon Raises USD 5 Million Funding Led by Roca...

Water technology startup Boon secures USD 5 million in funding led by Spanish Roca...

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