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27 Apr

HyNet Core Infrastructure Gets Green Light from the UK Government

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#HyNetCoreUKGovernment Essar Energy Transition (EET) to Play Anchor Role Chandigarh: Essar Energy Transition (“EET”) congratulates Eni and the UK Government on achieving financial close on the core carbon transport and storage project of the HyNet Industrial Cluster (the Liverpool Bay CCS). We are delighted that Eni’s construction phase will now begin on the infrastructure enabling HyNet; vital to massive reductions in carbon emissions and enabling much needed investment, protecting and growing jobs and industries across North West England and North Wales. EET’s Hydrogen Production Plant (HPP1) project is one of the four initial projects that will provide carbon to this…

27 Apr

Saatvik Green Energy showcases Advanced Solar Manufacturing Solutions at RenewX 2025

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#SaatvikGreenEnergySolarSolutions Chandigarh: Saatvik Green Energy Limited (SGEL), one of India’s fastest growing module manufacturing companies, participated in RenewX 2025 from April 23–25 at the Chennai Trade Centre, Nandambakkam. The Company is one of the fastest growing module manufacturing companies in India and has established itself as one of the key players in India’s solar energy market. The Company offers modules based on polycrystalline cell technology, monocrystalline cell technology, bifacial technology, M12 technology and advanced Tunnel Oxide Passivated Contact (“TopCon”) technology which helps reduce energy loss and enhances overall efficiency. At RenewX, Saatvik showcased its N-TopCon and N- TopCon G12R solar…

26 Apr

IMF projects India’s economy to grow at 6.2% in 2025 and 6.3% in 2026

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#IndiaGDP : Fastest-Growing Major Economy New Delhi: India is poised to lead the global economy once again, with the International Monetary Fund (IMF) projecting it to remain the fastest growing major economy over the next two years. According to the April 2025 edition of the IMF’s World Economic Outlook, India’s economy is expected to grow by 6.2 per cent in 2025 and 6.3 per cent in 2026, maintaining a solid lead over global and regional peers. The April 2025 edition of the WEO shows a downward revision in the 2025 forecast compared to the January 2025 update, reflecting the impact…

26 Apr

Canara Robeco Asset Management Company Limited files DRHP with SEBI for an IPO

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#CanaraRobecoAMCIPO Chandigarh: Canara Robeco Asset Management Company Limited, India’s second oldest asset management company (“AMC”) (Source: CRISIL Report) has filed Draft Red Herring Prospectus (DRHP) with SEBI for an Initial Public Offering (IPO). Canara Bank and ORIX Corporation Europe N.V are the promoters of the company. The offer comprises of an Offer for sale of up to 49,854,357 equity shares of face value of ₹10 each, (The “Offer for Sale”) including up to 25,924,266 equity Shares by Canara Bank; and up to 23,930,091 equity Shares by ORIX Corporation Europe N.V (“Promoter Selling Shareholders”). Canara Robeco Asset Management Company Limited’s primary activities…

26 Apr

87% of Northern Indian Links Mosquito Disturbances to Family Health Risks, Reveals Goodnight Survey

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#GoodnightSurveyFamilyHealth - Nearly 55% of adults in Northern India across age groups cited mosquito presence as one of the leading contributor to restless nights Chandigarh: 87% of Northern India believes sleep disturbances, especially among children are directly impacting the health and well-being of their families. In the lead-up to World Malaria Day (April 25), this crucial revelation emerged from a survey report unveiled by Goodknight, India’s leading household insecticide brand from Godrej Consumer Products Ltd (GCPL). Titled ‘One Mosquito, Countless Threats’, this pan-India survey commissioned by Goodknight, and conducted by market research firm YouGov, examines public attitudes, and assesses the…

26 Apr

Mahindra Holidays: Q4 PAT Standalone up 61%; Consolidated up 12% YoY

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#MahindraHolidaysPATup 7 New managed resorts added during the year Chandigarh: Mahindra Holidays & Resorts India Ltd. ('Company'), India's leading leisure hospitality provider, reported its standalone and consolidated financials for the fourth quarter and year ending 31st March 2025. Highlights FY25 · Highest ever inventory addition of 520 keys · Strong growth in resort revenue, Rs 396 Cr (+8% YoY) · 1.4 million+ guests welcomed; occupancy stableat 84% on expanded inventory base · Average Unit Realisation (AUR) at Rs 5.73L (+ 39% YoY) · Deferred Revenue stands at Rs. 5,736 Cr · Cash Position at Rs. 1555 Cr as on 31st…

26 Apr

#DCB Bank’s Profit After Tax (PAT) for Q4 FY 2025 was at INR 177 Cr. In comparison #DCBBank

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#DCBBankPATUP #DCBBank announces Full Year 2025 Results Chandigarh: The Board of Directors of DCB Bank Ltd. (BSE: 532772; NSE: DCB) at its meeting in Mumbai on April 25, 2025, approved the audited financial results for the quarter ended March 31, 2025 (Q4 FY 2025) and Year ended March 31, 2025 (FY2025) along with audit report by statutory auditors ‘Varma & Varma, Chartered Accountants’ and ‘B S R & Co. LLP, Chartered Accountants’. 1) The Yes Bank’s Profit After Tax (PAT) for Q4 FY 2025 was at INR 177 Cr. In comparison Profit After Tax for Q4 FY 2024 was at…

26 Apr

#RILResults Q4 FY2024-25: रिलायंस इंडस्ट्रीज ₹ 10 लाख करोड़ से अधिक की कुल इक्विटी पार करने वाली पहली भारतीय कंपनी

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रिलायंस इंडस्ट्रीज़ लिमिटेड ने वित्तीय वर्ष 2024-25 और Q4 यानि चौथी तिमाही के नतीजे घोषित किए #RILResultsQ4FY202425 Mumbai: FY2024-25 रिलायंस ने ₹1,071,174 करोड़ ($125.3 बिलियन) का रिकॉर्ड वार्षिक कंसोलिडेटेड राजस्व दर्ज किया, जो पिछले वर्ष की तुलना में 7.1% अधिक है। यह उपभोक्ता व्यवसायों और O2C में निरंतर राजस्व वृद्धि के दम पर हुआ है। FY2024-25 रिलायंस का वार्षिक कंसोलिडेटेड EBITDA वर्ष-दर-वर्ष 2.9% बढ़कर ₹183,422 करोड़ ($21.5 बिलियन) हो गया, जिसमें उपभोक्ता व्यवसायों का योगदान शानदार रहा। FY2024-25 रिलायंस का वार्षिक कंसोलिडेटेड कर पश्चात लाभ और एसोसिएट्स और JVs के लाभ/(हानि) का हिस्सा वर्ष-दर-वर्ष 2.9% बढ़कर ₹81,309 करोड़ ($9.5 बिलियन)…

25 Apr

Big Change for investors from June 1: SEBI revises cut-off timing for overnight mutual funds

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#SEBIBigChangeJune1formutualfunds Chandigarh: The Securities and Exchange Board of India (SEBI) has notified a change in the cut-off timing used to determine the applicable Net Asset Value (NAV) for redemptions in overnight and liquid mutual fund schemes. The new timings will take effect from June 1, 2025. This move is linked to SEBI’s ongoing efforts to strengthen the safety of client funds held with brokers and clearing members. Earlier, mutual fund houses applied the NAV based on a uniform cut-off time across channels. Now, SEBI has introduced separate cut-off timings for online and offline redemption requests in overnight schemes. Redemption requests submitted…

25 Apr

Mumbai Indians to celebrate #ESADay on April 27 at the Wankhede with 19,000 kids

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#MIplayersESADay “This is a very special game — you can be the inspiration for thousands of children.” – Mrs. Nita M. Ambani urges MI players ahead of ESA Day Mumbai: Mumbai Indians’ game against Lucknow Super Giants, scheduled for Sunday, 27th April at the Wankhede Stadium in Mumbai, will be dedicated to the Education and Sports for All (ESA) initiative championed by Mrs. Nita M. Ambani. The annual ESA game is one of the biggest highlights of the IPL season every year for the Mumbai Indians, with thousands of spirited children from NGOs across the city lighting up the stadium…