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Tata Power bags Rs 1,744 cr smart metering project in Chhattisgarh

Tata Power bags Rs 1,744 cr smart metering project in Chhattisgarh

Tata Power on Wednesday announced bagging a smart metering project worth Rs 1,744 crore in Chhattisgarh.

The order has been awarded by Chhattisgarh State Power Distribution Company Limited (CSPDCL), Tata Power said in a statement.

Mark Zuckerberg posts first tweet in 11 years in Threads jibe at Musk

Mark Zuckerberg posts first tweet in 11 years in Threads jibe at Musk

Mark Zuckerberg posted his first tweet in more than a decade, a playful jab at Elon Musk on the day the Meta Platforms Inc. founder rolled out a much-anticipated Twitter substitute.

Meta’s Instagram officially unveiled Threads Wednesday, considered the most potent threat yet to the struggling social media service Musk owns. Hours later, Zuckerberg tweeted a photo of identical Spider-Men facing off.

Adani group promoters looking to trim more stake to build cash reserves

Adani group promoters looking to trim more stake to build cash reserves

The promoters of the Adani group are looking to cut more of their stake in the group's companies to create a liquidity buffer for new opportunities, The Economic Times (ET) reported on Thursday. So far, the promoters have sold stakes to GQG partners and are now having discussions with global investors to divest more.

"They (promoters) are of the view that building cash reserves is the best way forward given the uncertain global investment environment," a person aware of the matter was quoted as saying in the report.

Sharad Pawar vs Ajit Pawar: Uncle, nephew plan show of strength, call separate meetings of MLAs

Sharad Pawar vs Ajit Pawar: Uncle, nephew plan show of strength, call separate meetings of MLAs

The Sharad Pawar-led NCP has issued a whip to all MLAs asking them to remain present for a key meeting in Mumbai on Wednesday, while the rival group headed by Maharashtra Deputy Chief Minister Ajit Pawar has also called a separate meeting of party legislators here.

The one-line whip issued on Tuesday by Jitendra Awhad, chief whip of the Sharad Pawar-led NCP, said the meeting has been called by Sharad Pawar at 1 pm at Y B Chavan Centre on July 5, and the presence of all MLAs is mandatory.

5% rise in non-tech white-collar jobs in June, no respite for IT sector

5% rise in non-tech white-collar jobs in June, no respite for IT sector

The white-collar jobs market showed signs of revival in June as the demand for talent rose by 5 per cent (compared to the last month) for the first time in the current fiscal, The Economic Times (ET) has reported. The uptick was led by a rise in hiring activity in non-tech sectors as economic indicators showed positive signs.

While the core sector showed positive sentiment, hiring in the country's IT services sector continued to be abysmal and fell to its lowest level since December 2020, the report said.

Good news! Restaurants can remain open round the clock in Haryana

Good news! Restaurants can remain open round the clock in Haryana

Restaurants in Haryana will be allowed to operate 24 hours a day, Deputy Chief Minister Dushyant Chautala said on Tuesday, PTI has reported. The news will make many restaurant owners happy as the decision is likely to give a significant boost to revenues and nightlife in metropolitan cities like Gurgaon and Chandigarh.

The decision was taken in a meeting of various departments chaired by Chautala.

This smallcap company stock has zoomed nearly 100% in 6 weeks

This smallcap company stock has zoomed nearly 100% in 6 weeks

Shares of Genus Power Infrastructures (Genus) were locked at the 20 per cent upper circuit at Rs 168.90 on the BSE on Wednesday at 10:04 AM on the back of heavy volumes.

The average trading volumes at the counter more than doubled today. A combined 15.1 million shares representing nearly 6 per cent of total equity of Genus had changed hands on the NSE and BSE. In past seven weeks, the stock price of the company has nearly doubled or zoomed 97 per cent from level of Rs 85.89 on May 24.

Carl Zeiss to invest 250 mn euros for its largest 'vision' factory in India

Carl Zeiss to invest 250 mn euros for its largest 'vision' factory in India

Lens maker Carl Zeiss India will invest over 250 million euros in the country to build its largest "vision" factory in the world at Bengaluru, according to a report by Mint. The land for the facility was acquired two years ago, and its construction will start next month.

The construction is expected to be completed by October 2024.

Merged loan book with HDFC at $273.8 bn as of June end: HDFC Bank

Merged loan book with HDFC at $273.8 bn as of June end: HDFC Bank

India's HDFC Bank on Wednesday said its merged loan book with Housing Development Finance Corporation stood at about 22.45 trillion rupees ($273.77 billion) as at the end of the June quarter.

HDFC Bank merged with HDFC on July 1 in a $40 billion merger, the largest in India's corporate history, entering the coveted list of the world's top 10 banks by market capitalisation.

BJP to protest in K'taka against govt's 'failure' to fulfill poll promises

BJP to protest in K'taka against govt's 'failure' to fulfill poll promises

The opposition BJP in Karnataka will stage protests against the alleged delay in implementation of the five poll promises made by the ruling Congress in the run-up to the assembly elections.

The agitation will take place both inside and outside the assembly simultaneously from Tuesday till July 14 when the session ends seeking effective implementation of the guarantees, according to BJP sources.

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