Over 79 per cent of the respondents shared a higher level of production in Q2 FY24 and the average capacity utilisation rate was higher at 74 per cent in Q2 as against 73 per cent in previous quarters, the survey said.
Under the partnership, Zomato’s delivery partners can get access to Battery Smart’s existing network of over 800 swap stations across more than 30 cities, the company said in a statement.
HDFC Bank claimed that it has on-boarded over 1 lakh customers and more than 1.7 lakh merchants on the CBDC pilot programme and activated an interoperable UPI QR code with the e-rupee platform.
Power Grid Corporation of India Ltd on Monday posted over a 5 per cent decline in consolidated net profit to Rs 3,597.16 crore due to increased finance costs.
Vedanta group firm Hindustan Zinc Ltd (HZL) on Friday reported a 35.4 per cent drop in consolidated profit to Rs 1,729 crore for the September quarter due to lower income.
The total premium rose 16 per cent to Rs 11,673 crore during the quarter as compared with Rs 10,050 crore in the year-ago period, HDFC Life said.
Even earlier governments had schemes of providing houses, roads etc but the sense of urgency was missing, she said, adding, nearly 50 per cent of the population were devoid of fundamental things 50 or 60 years post independence.
The government currently holds an 86.36 per cent stake in the financing arm of the Indian Railways.
In August, retail investors pumped in Rs 20,245.26 crore into equity mutual funds, a rise of 165 per cent over July. This money is being deployed in the stock markets, aiding the bull rally. A section of market analysts opines that too much money is now chasing stocks.
The government has so far not clarified whether or not it plans to foot the bill for this price reduction, which will benefit over 31 crore domestic LPG consumers in the country.