Thu, Apr 25, 2024 11:20 AM
ITC sets June 6 as date to meet ordinary shareholders to approve demerger
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Bharat Heavy Electricals Limited (BHEL), a major supplier of locomotives and electrical components for Indian Railways, has partnered with HIMA Middle East FZE, a subsidiary of the world's leading railway and process industry safety automation provider HIMA Paul Hildebrandt GmbH. This strategic alliance aims to strengthen BHEL's offerings in the railway signalling business.
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IDBI Bank announced its January-March quarter results for fiscal 2023-24 (Q4FY24) on Saturday, May 4, reporting a rise of 43.7 per cent in net profit at ₹1,628.5 crore, compared to ₹1,133.4 crore in the corresponding period last year. The private sector lender's net interest income (NII)--the difference between interest earned nd interet paid-- in the March quarter rose 12.4% to ₹3,687.9 cr.
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Adani Enterprises has expressed interest in developing the port of Bataan in the Philippines. This was confirmed by an official statement from the Presidential Communications Office on Friday. During a discussion with Philippine President Ferdinand R. Marcos Jr. in Manila on Thursday, Karan Adani, the Managing Director of Adani Ports and Special Economic Zone Limited (APSEZ)—India's largest port.
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