Sunday, November 20, 2022

ONGC to reverse oil, gas output decline; sees 18% jump in production in FY25

ONGC to reverse oil, gas output decline; sees 18% jump in production in FY25 Natural gas production is slated to rise to 25.685 bcm in 2023-24 and to 27.529 bcm in the following year.

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NMDC to spend Rs 900 crore to increase iron ore production from Kumaraswamy Mines

NMDC to spend Rs 900 crore to increase iron ore production from Kumaraswamy Mines Lease for the Kumaraswamy mine was renewed by the Karnataka government in June 2022 by another 20 years, ending a period of uncertainty.

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Saturday, November 19, 2022

APEC pledges to boost trade as geopolitical rifts hijack regional summits

APEC pledges to boost trade as geopolitical rifts hijack regional summits The U.S. city of San Francisco will host the next APEC summit and Prime Minister Prayuth handed over the chair to Vice President Harris at a ceremony.

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Forex kitty swells by $14.72 billion to $544.72 billion; steepest accretion since August 2021

Forex kitty swells by $14.72 billion to $544.72 billion; steepest accretion since August 2021 Foreign currency assets consist of the effect of appreciation or depreciation of non-US currencies like the euro, pound, and the yen held in the foreign exchange reserves.

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Nepal Airlines to sell five troublesome Chinese planes

Nepal Airlines to sell five troublesome Chinese planes Eight years after acquiring the Chinese planes that Nepal Airlines had hoped to fly on underserved mountain routes, the carrier has decided it doesn#39;t want the albatross around its neck anymore.

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Asia-Pacific leaders condemn war, renew calls for open trade

Asia-Pacific leaders condemn war, renew calls for open trade In Bali, China and India, after months of refusing to condemn Russia#39;s war in Ukraine, did not block the release of a statement that harshly criticized Moscow.

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Friday, November 18, 2022

Elizabeth Holmes gets more than 11 years for Theranos scam

Elizabeth Holmes gets more than 11 years for Theranos scam Holmes#39; meteoric rise once landed her on the covers of business magazines that hailed her as the next Steve Jobs the disgraced Theranos CEO was sentenced to more than 11 years in prison for duping investors.

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Tata Hitachi aims 15-20% revenue jump in FY#39;23

Tata Hitachi aims 15-20% revenue jump in FY#39;23 The company had clocked a revenue of close to Rs 4,000 crore during FY#39;22.

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Strides Pharma arms gets USFDA approval for potassium-deficiency drug

Strides Pharma arms gets USFDA approval for potassium-deficiency drug The approval granted by the US Food Drug Administration (USFDA) to Strides Pharma Global Pte Ltd, Singapore, is for potassium chloride oral solution of strength 40 mEq/15mL (20 per cent), Strides Pharma Science (Strides) said in a regulatory filing.

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Facebook to make changes from December 1 – no more political or religious views on profiles

Facebook to make changes from December 1 – no more political or religious views on profiles Meta said that the changes were in line with making Facebook easier to navigate

from Moneycontrol Business News https://www.moneycontrol.com/news/business/facebook-to-make-changesdecember-1-–-no-more-political-or-religious-viewsprofiles_16741391.html

Thursday, November 17, 2022

Tata Power to offer clean green energy products solutions in Odisha

Tata Power to offer clean green energy products solutions in Odisha CEO MD, Tata Power, Praveer Sinha said this while attending the India Smart Grid Forum (ISGF) organized Distribution Utility Meet here on Thursday.

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LTIMindtree Q4 Preview: Lower pass-through revenue seen impacting growth marginally

A compilation of estimates suggests the company#39;s Q4 FY24 net profit is projected to decline by 2.2 percent quarter on quarter to Rs 1,1...