New Delhi : India’s youngest airline, Akasa Air has set its sights on the next financial year. It also wants to boost connectivity to non-metro cities, start international flights and place a large order for new jetliners, for which it is in talks with both Airbus and Boeing. “The market is there and we cannot …
New Delhi: Equity ownership by domestic investors, including institutions and high net-worth individuals, rose to an all-time high of 24.44 per cent in the December quarter, registering its fifth consecutive quarterly increase. The ownership of retail investors in the market stood at 7.23 per cent in December 2022, marginally lower than 7.34 per cent in …
New Delhi : Suzlon Energy on Thursday reported a consolidated net profit 78 crore for the December quarter, driven by higher revenue. Net profit in the year-ago period was 37.73 cr. were on revenue in the last quarter 1,449 crores. “The beginning of 2023 has been highly encouraging for the wind energy sector with important …
State-run Oil India on Friday reported a net profit 2284.41 cr in Q3FY23 against 1297.79 crore in the year-ago quarter, representing a growth of 76% YoY. The company posted Profit Before Tax (PBT) 3264.01 cr in Q3FY23 as compared to Rs. 2134.01 crore in Q3FY22, representing a YoY growth of 52.95%. Oil India’s EPS reached …
State-owned Bharat Heavy Electricals (BHEL) on Friday reported a 56.5% increase in its consolidated net profit. 42.28 crore in the December quarter mainly on the back of higher revenue. The consolidated net profit of the firm was 27.02 crore in the year-ago period, according to a regulatory filing. On a standalone basis, BHEL recorded revenue …
In the September quarter, the CAD rose to a nine-year high of 4.4 per cent from 2.2 per cent in the June quarter, as negative net exports widened to $50.3 billion from $36.3 billion.
Breadcrumb Trail Links news local news The budget projects operating costs of $567 million and gross expenditures of $737 million. OC Transpo general manager Renee Amilcar said employees are “extremely pleased” with the performance of the four e-buses expected to hit Ottawa’s streets in February 2022. Photo by Tony Caldwell ,postmedia article content A proposed …
A proposed $737 million budget for 2023 presented Thursday to the city’s transit commission hinges on OC Transpo ridership climbing to 75 percent of pre-pandemic levels by the end of the year. Read more
New Delhi : Transport infrastructure consultancy and engineering firm RITES Ltd reported a net profit on Thursday 147 cr in Q3 FY23 144 cr posted in Q3 FY22. The company said that the total revenue stands at against 703 crores 792 crore in Q3FY22 Consolidated EBITDA declined marginally 194 cr in Q3 FY23 as against …
Public sector insurer LIC on Thursday reported a rise in net income at Rs 8,334.2 crore during the three months ended December 2022, as against Rs 235 crore a year ago. Life Insurance Corporation (LIC) earned Rs 1,11,787.6 crore in net premium income during the quarter under review, as …