In spite of a slowdown in revenue, ONGC subsidiary Mangalore Refinery and Petrochemicals Limited (MRPL) announced a significant increase in profitability for fiscal year (FY) 26. At their meeting on April 24, the company’s board of directors authorised the consolidated and standalone results for the fourth quarter and the full year ending March 31, 2026. […]
At Hyderabad House, in a significant diplomatic engagement, Prime Minister Narendra Modi and South Korean President Lee Jae Myung discussed a wide range of topics, including deepening cooperation in the areas of commerce, finance, shipbuilding, artificial intelligence, semiconductors, energy, and defence. The leaders of the two countries met to discuss the current state of the […]
In a deliberate move to bolster vital raw material supply chains and secure energy supplies in the face of growing global uncertainty due to tensions in the Middle East, South Korean President Lee Jae-myung recently returned from a six-day state visit to Vietnam and India. The visit is happening at a time when the Strait […]
Zen Technologies, an Indian defence technology company, has been granted an arms manufacturing licence by the Government of India, under the Arms Act, 1959. The licence authorises the Company to manufacture 12.7mm, 23mm, 30mm, and 40mm cannons, critical weapon systems with strong applicability in Air Defence, naval operations and Counter-Unmanned Aircraft System (C-UAS) roles. These […]
Thanks to solid operational performance and consistent depreciation, Adani Energy Solutions Limited (AESL) announced on Thursday a 32% year-on-year increase in adjusted net profit to Rs 2,393 crore for FY 2025-26. The distribution sector continued to perform steadily, while the transmission and smart metering divisions saw strong growth, contributing to the company’s 12.7% year-on-year increase […]
The fourth quarter of FY26 was a banner one for IT services giant Infosys, as the company’s consolidated net profit increased 27.8 percent from the previous quarter to ₹8,501 crore. Profit rose 21% from ₹7,033 crore in the corresponding quarter previous year, as compared on a year-on-year basis. Amidst an uncertain global macroeconomic climate, the […]
In an effort to lessen the environmental impact of flights across international borders, the Indian government has revised the Aviation Turbine Fuel (ATF) Control Order to permit the combination of Sustainable Aviation Fuel (SAF) with classic jet fuel. According to the Ministry of Petroleum and Natural Gas, this expands the definition of ATF to encompass […]
In light of escalating geopolitical tensions, Union Commerce and Industry Minister Piyush Goyal met virtually with Qatar’s Minister of State for Foreign commercial Affairs, Ahmed bin Mohammed Al Sayed, on Thursday to discuss measures to enhance investment and commercial relations between the two countries. In light of the dynamic nature of international trade, the two […]
The rail network is now faster, safer, and more reliable thanks to nationwide track modernisation, according to the Prime Minister’s Office (PMO) on Thursday. The PMO released a statement stating that the track renewal, automated maintenance, and the use of innovative testing procedures had greatly enhanced the ride quality, allowed for higher train speeds, and […]
Hical Technologies, an Indian aerospace and defence manufacturing company, announced that its Managing Director, Yashas Jaiveer, is participating in the India–Germany Defence Industry Roundtable being held in Munich. The roundtable, attended by senior government officials and industry leaders from both countries, is part of Raksha Mantri Rajnath Singh’s official visit to Germany from April 21–23, […]
