Govt set to borrow half of Rs 14L cr target in H1 of fiscal

[ MUMBAI: Govt plans to borrow Rs 7.5 lakh crore through auction of bonds of between 3-year and 50-year maturities during the first half of the next fiscal starting April 1. This makes up about 53% of its FY25 borrowing target of Rs 14.1 lakh crore, a release from the ministry of finance said on … Read more

Labour and Tories face outcry over failure to tackle sewage pouring into rivers

[  The water industry, the Tories and Labour have faced public outcry after new figures showed record amounts of raw sewage were pumped into Britain’s rivers and seas last year. Campaigners argue that Labour’s plans to beef up oversight of pollution should it win the general election are “feeble” while green Tory MPs argued that the … Read more

GOCL ties up with Squarespace Builders to monetise 264.5 acres in Hyderabad for Rs 3402 crore

[ HYDERABAD: Hinduja group company GOCL Corporation Limited (GOCL) has entered into a joint development MoU with Squarespace Builders Private Limited for strategic monetisation of 264.50 acres of prime land in Kukatpally for Ra 3402 crore.The agreement with Squarespace Builders also includes the joint development of 32 acres of land under a Joint Development Agreement … Read more

Dr Reddy’s to exclusively distribute Sanofi’s vaccine portfolio in India

[ HYDERABAD: Dr Reddy’s Laboratories on Wednesday informed the bourses has entered into an exclusive partnership with Sanofi Healthcare India Pvt Ltd for the distribution of the latter’s vaccine portfolio in the Indian market.As part of the agreement, while Dr Reddy’s will have exclusive rights to promote and distribute Sanofi’s paediatric and adult vaccine brands … Read more

Maruti Suzuki share price today: Car maker crosses Rs 4 lakh crore market cap; stock zooms 50% in 12 months

[ Maruti Suzuki share price today: Maruti Suzuki India’s shares surged 4% on Wednesday, hitting a fresh 52-week high of Rs 12,722.70 on the National Stock Exchange (NSE). The company now boasts a market capitalisation of Rs 4 lakh crore, joining an elite group of 13 other stocks with similar valuations above this mark.These include … Read more

Good news for IT sector job seekers! Hiring mandates up 50% in February; staffing firms see actual increase in second half of calendar year

[ Good news for IT sector job seekers! Technology talent demand surged to a new high in February, sparking hopes of recovery in the IT services job market. In February, hiring mandates for IT professionals reached 124,000, a significant 50% increase from January and 33% higher than December, according to data from Xpheno, a staffing … Read more

Rs 1 lakh UG tech internships ticket to full-time roles

[ In a reflection of the growing demand for skilled engineers in the tech industry, India has seen an increase in the number of undergraduate engineering students securing internships with monthly stipends of Rs 1 lakh or more from biggies like Amazon, Google, Intuit India, Microsoft, Palo Alto and Goldman Sachs. These internships, which can … Read more

Adani Ports acquires 95% stake in Odisha’s Gopalpur Port at Rs 3,080 crore

[ AHMEDABAD: Adani Ports and Special Economic Zone (APSEZ), the ports and logistics arm of Gautam Adani-owned Adani Group on Tuesday announced it has acquired a controlling 95% stake in Odisha-based Gopalpur Port. APSEZ has agreed to acquire the stake for an equity value of Rs 1,349 crore and an enterprise value of Rs 3,080 … Read more

Adani Group to acquire Gopalpur Port in Odisha for Rs 3,080 cr; bolster its east coast presence

[ NEW DELHI: Port major Adani Group has increased its presence on the east coast with Adani Ports entering into a definitive agreement to acquire Gopalpur Port Limited (GPL) at an enterprise value of Rs 3,080 crore. Gopalpur is a road-rail connected port with capacity of 20 MMTPA and significant potential for expansion.Adani Ports and … Read more