CSFB reports 12% YoY growth in Total Deposits for Q3FY25
Gross Non-Performing Assets (NPAs) improved to 2.67%, compared to 2.97% a year ago, showcasing the bank's emphasis on maintaining strong asset quality.
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DCX Systems secures US $2.26 million purchase order from Elta Systems
The order reflects DCX Systems' growing presence in the global aerospace and defense sector, further expanding its portfolio in providing critical solutions to international customers.
NMDC reports provisional iron ore production of 4.71 MT and sales of 3.91 MT for December 2024
The company reported a total iron ore production of 4.71 million tons (MT) in December 2024, which represents an increase compared to the 4.48 MT produced in December 2023.
RailTel secures Rs 784.33 crore order from Bharat Coking Coal
The project is scheduled for completion by August 28, 2025, reinforcing RailTel's expertise in delivering large-scale IT solutions within critical sectors. Bharat Coking Coal Limited, a domestic entity, awarded the contract as part of its focus on enhancing operational efficiency and security.
Gravita India begins aluminum recycling operations in Ghana
The company has invested approximately ₹6.75 crore in the new recycling plant, funded through internal accruals. The facility will source domestic aluminum scrap and cater to the automotive and die-casting industries across Europe and Asia.
Sasan Power repays $150 million loan to IIFCL, strengthening Reliance Power’s balance sheet
The loan repayment will further enhance the company’s debt coverage metrics, improve liquidity, and strengthen its credit rating. It also underscores Reliance Power’s commitment to maintaining a robust financial position as it transitions toward renewable energy.
“Tum log kitna bhi grape grape karlo, agle saal tumhara katne hi vala hai” : Check out Swiggy Instamart’s hilarious year-end tweets
The reactions poured in, ranging from memes to users sharing their own resolutions—most involving food—and how they plan to keep them.
Newgen Software Secures international contract worth USD 1.64 million for credit automation services
This contract reinforces Newgen Software's global reach and expertise in credit automation, a critical aspect of financial technology. By enabling efficient and scalable credit processes, the company continues to showcase its commitment to delivering innovative solutions.
SJVN signs MoU with ovt. of Bihar for 1000 MW Hathidah Durgawati pumped storage project
The collaboration is set to generate significant employment opportunities, with the development of these PSPs expected to create both direct and indirect employment for around 5,000 individuals. Additionally, the project will involve an investment of approximately ₹10,000 crore.
Redmi Turbo 4 unveils key features ahead of January 2 launch
The Redmi Turbo 4 will come with a dual rear camera setup, highlighted by a 50-megapixel primary sensor that supports Optical Image Stabilization (OIS), ensuring sharp and clear photos. The front will feature a 20-megapixel selfie camera, ideal for high-quality self-portraits.
Power Grid Corporation of India announces incorporation of Rajasthan Power Grid Transmission Company joint venture
This joint venture will focus on the development of the Intra State Transmission System in the State of Rajasthan. POWERGRID holds a 74% equity share in the joint venture, with RVPN holding the remaining 26%.
Infibeam Avenues unveils CCAvenue SoundBox for offline payments
Designed for offline payments, the CCAvenue SoundBox is set to revolutionize the way merchants process transactions by enabling contactless payments with dynamic QR codes, integrated sound alerts, and robust security features.
Dynacons wins Rs 280 crore data center project from Canara Bank
The project, which spans five years, will involve the supply, implementation, and ongoing maintenance of 500 servers and other IT hardware and software, reinforcing Dynacons’ position as a leader in providing end-to-end IT infrastructure solutions.
Canara Bank confirms Rs. 138.97 Crores annual interest payment on additional tier 1 bonds
The payment, amounting to Rs. 138.97 Crores, was credited to bondholders' accounts on December 31, 2024, through RTGS/NEFT/IBA/DD mode, in line with the terms of the bond issue.
Ramco Cements commissions additional 2 MW waste heat recovery turbine at Alathiyur plant
With this development, the company’s overall waste heat power generating capacity has risen from 43.15 MW to 45.15 MW, reinforcing its commitment to sustainable energy practices.
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