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Corporate Social Responsibility

EIH’s Q3 net profit up 8.29%

EIH’s Q3 net profit up 8.29%

Mumbai, (IANS) : Hospitality major EIH on Monday reported a rise of 8.29 per cent in its stand alone net profit for the third quarter (Q3) of 2016-17. The company which was formerly known as the ‘East India Hotels’. It ...

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Adani Power Q3 consolidated net loss at Rs 325 cr

Adani Power Q3 consolidated net loss at Rs 325 cr

Mumbai/Ahmedabad, (IANS) : Private power producer Adani Power on Friday reported a consolidated net loss of Rs 325.27 crore for the quarter ended December 31, 2016. The country’s largest private thermal power producer had reported a net profit of Rs ...

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Moody’s upgrades India power sector outlook

Moody’s upgrades India power sector outlook

New Delhi, (IANS) : A Moody’s Investors Service-ICRA report on Thursday upgraded the outlook for the Indian power sector to “stable” over the next 12-18 months with a Baa3 positive rating, saying it reflects sustained improvement in domestic coal availability. ...

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Global headwinds slow down Indian IT industry’s growth

Global headwinds slow down Indian IT industry’s growth

By Fakir Balaji, Bengaluru, (IANS) : Global headwinds such as macroeconomic factors, currency volatility and disruptive technologies impacted the resilient Indian IT industry in 2016, forcing Nasscom, its apex body, to lower the growth rate for fiscal 2016-17. “The IT ...

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Will enable 5 mn merchants go digital in 2017: Paytm

Will enable 5 mn merchants go digital in 2017: Paytm

New Delhi, (IANS) : Announcing that it will enable five million merchants to leapfrog to digital payments in 2017, mobile payment and e-commerce platform Paytm on Tuesday launched an array of new features to enhance security and increase usability both ...

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