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E-commerce major Delhivery raises $85 million
New Delhi, May 6 (IANS) Leading e-commerce player Delhivery on Wednesday announced raising $85 million (Rs.540 crore) from venture partners to build infrastructure and design services.
"Our fourth round (D series) of raising investment…
NIIT Ltd posts over 50 Percent Net Loss in 2014-15
New Delhi, May 5 (IANS) Learning management company NIIT Ltd (NIIT) on Tuesday said it has underwent a net loss of 50.52 percent during 2014-15 as its profit declined to Rs.114.06 crore against Rs.230.53 crore for the corresponding…
GDP to Grow at 8.1-8.5 Percent in 2015-16: Sinha
Benign oil prices, likely monetary policy easing by the Reserve Bank and lower inflation will help the Indian economy to grow in the range of 8.1- 8.5 percent in the current fiscal, the parliament was told on Tuesday.
"The increase in GDP…
BSE Sensex slides below 27,000-Point Mark
After opening a tad higher on Wednesday, a key equity market index was deep in the red, around an hour into trading, with as many as 29 out of the 30 shares that go into its basket sliding into the negative territory.
The sensitive index…
ICZMP stimulates Fish Production in Odisha; forms 600 SHGs
Bhubaneswar, May 6: The World Bank aided Integrated Coastal Zone Management Project in the state has added fish productions in the ecologically sensitive regions through innovative programme implementation strategies. As part of its…
CII holds Conference on Industrial Safety & Environment
CII North Odisha Zonal Council under the Chairmanship of Mr. Rajdeep Mohanty, Resident Director, Jindal Stainless Limited organized one day ‘Conference on Industrial Safety & Environment’ on 5th May, 2015 at Jindal Stainless Limited,…
Tata Shaktee shines at 27th Quality Circle Convention of CII
Kolkata, May 5: Tata Shaktee from Tata Steel Ltd (Jharkhand) emerged winner in the CII National 27th Quality Circle Convention held in Kolkata here today. The first runner-up was Parivartan from Hindalco Industries Ltd (Gujarat) and the…
Firstsource Net Profit up by 21.4 Percent in Fiscal 2014-2015
Business Process Outsourcing (BPO) firm Firstsource on Tuesday said its net profit for fiscal 2014-2015 rose by 21.4 percent at Rs.2,343.18 million against Rs.1,929.62 million during 2013-14 even as its revenues declined.
Consolidated…
Karnataka tops in Tractor Sales with 18% CAGR: Study
Karnataka has ranked top in tractor sales across the country, with 18 percent compounded average growth rate (CAGR) for eight years from 2004-05 to 2011-12, a study by an apex trade body said Tuesday.
"Karnataka is the only state to have…
BSE Sensex closes 64 Pts down; Nifty ends at 8,320 Pts
A benchmark index for Indian equities, the sensitive index (Sensex) of the Bombay Stock Exchange, closed 64.24 points or 0.23 percent down on Tuesday. The wider 50-scrip Nifty of the National Stock Exchange (NSE) also closed 11.25 points or…