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HPL Electric registers 34% YoY growth in Q1 2021-22
The company reported EBITDA at Rs 9.8 crores, a growth of 48% YoY in Q1 FY22. Metering & Consumer (B2C) segment registers a growth of 40% YoY and 31% YoY Read more
Healthy competition can lead the economy to a higher growth: CCI
CCI is focussing on the Digital markets. Digital markets are bringing in innovation on one hand and are also giving rise to various competition concerns on the other.Read more
HPL Electric and Power registers revenue of Rs 308 Cr in Q4 FY21
This growth is led by metering & consumer (B2C) segment growth of around 93 per cent YoY growth and 20 per YoY, respectively in the Q4 FY21.Read more
FIEO: Growth in exports shows resilience & strength of India
FIEO also held that the need of the hour is to soon notify the Remission of Duties and Taxes on Export Products (RoDTEP) rates to remove uncertainty.Read more
India’s GDP grows 1.6% in Q4 2020-21 aided by manufacturing push
For the entire financial year 2020-21, the GDP contracted 7.3 per cent  a record low. In January-March last year, the economy had grown 3 per cent.Read more
Delta Electronics eyes growth in Hyperscale Data Centers
The ever-increasing cloud-based applications and IoT based technology, the digital infrastructure is set to develop faster. In line with this growth, Delta Electronics has launched its World’s Highest Power Density UPS to meet growing Data Center requirements.Read more
IMF: India's projected growth rate is 4.1 per cent higher than that for China
These numbers precede the current wave of the virus, which is quite concerning.Read more
High steel prices hammering growth of Indian forging industry: AIFI
Steel is the basic raw material for the forging industry and typically constitutes 60-65% of the ex-factory value of forgings. Association of Indian Forging Industry (AIFI) urges government to ban exports of steel and iron ore for the next six to eight months.Read more
FM announces Rs 2.65 trn stimulus under Aatmanirbhar Bharat 3.0 to boost growth
Emergency Credit Line Guarantee Scheme for MSMEs, businesses, MUDRA borrowers and individuals extended till March 31, 2021 and additional credit up to 20%. Provides Rs 30 billion to boost project exports and Rs 102 billion additional budget stimulus for capital and industrial expenditure.Read more
MSME to drive growth in Indo-US Trade with new skilling curve: S Purnachandra Rao
New patterns will ensure that businesses can be more dynamic in adapting to new opportunities and challengesRead more