The house expects 75% of guided synergies to come though, and hence estimates the FY19-24 operating margins to grow at a CAGR of 14%, to 39.4% from 21.8% in FY18. Read more »
The move comes in the wake of a court order staying auction proceeding of two iron ore deposit that the steelmaker had bid for in April. Read more »
Vodafone and Idea have been steadily raising money in the past few months through equity infusions, stake sales and sale of captive towers among other avenues, in a bid to pare combined... Read more »
AirAsia India Ltd. has filed a criminal complaint against its former CEO, Mittu Chandilya. The matter is presently being investigated, a spokesperson said. Read more »
IRCTC is making significant losses on its onboard catering services as it gets Rs 112 per passenger meal, while the actual cost stands at over Rs 150 per plate. Read more »
Currently, relief agencies and emergency services rely on narrow-band digital trunking technology or old analogue systems, which are primarily meant for voice communication in the field. Read more »
A total of 3,263.46 MW has been harnessed on three western rivers from Jehlum, Chenab and Indus through state, central and public private partnership mode of execution. Read more »