New Delhi, March 26 State-run BSNL will add another 50,000-60,000 mobile towers to build a robust network, and the company's operating profit is expected to grow in double digits in the current fiscal, Union telecom minister Jyotiraditya Scindia said on Thursday.Scindia said that BSNL has made...
4g network
5g technology
bharat sanchar nigam limited
bsnl
capital expenditure
ebitda
financial performance
fiscal year 2025
india
mobile towers
network expansion
operating profit
subscriber growth
telecom industry
union minister
New Delhi, March 18 Diversified gaming and sports media firm Nazara Technologies said on Wednesday that its UK-based subsidiary will acquire a 50 per cent controlling stake in Spanish social gaming platforms Bluetile Games and BestPlay Systems for USD 100.3 million (about Rs 918 crore).Of the...
acquisition
bestplay systems
bluetile games
ebitda
equity stake
foreign direct investment
gaming platforms
mobile games
monthly active users
nazara technologies
regulatory approvals
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social gaming
spain
New Delhi, February 26 The digital payments giant, PhonePe, has reported strong revenue growth and a sharp decrease in losses over the past three fiscal years, indicating a shift towards sustainable monetization and operational efficiency, according to its draft red herring prospectus (DRHP)...
New Delhi, February 25 Vedanta Ltd said that its subsidiary, Meenakshi Energy Ltd (MEL), has secured a long-term rating of AA- and a short-term rating of A1+ from CRISIL Ratings for its proposed bank borrowings.Securities with an AA rating are considered to have a high degree of safety...
andhra pradesh
bank borrowings
coal india
credit rating
crisil ratings
ebitda
fuel supply agreement
mahanadi coalfields ltd
meenakshi energy ltd
non-convertible debentures
power purchase agreement
tamil nadu power distribution corporation limited
thermal power plant
vedanta ltd
New Delhi, February 25 Technology accessories company DailyObjects expects to close the current fiscal year with revenue exceeding Rs 230 crore, more than doubling the revenue of Rs 110 crore achieved in FY25, and post operational profit, the company said on Wednesday.The company projects net...
Mumbai, February 24 Up to 30% of India's top 100 unlisted companies have viable business models and growth potential, making them candidates for listing on stock exchanges, a top official from Hurun India said on Tuesday.None of these companies, identified in the 'JM Financial' - Hurun India...
New Delhi, February 24 Financial disclosures filed by PhonePe indicate a significant improvement in revenue scale, profitability metrics, and cash generation over the last three fiscal years, signaling a shift in the company's financial trajectory amid India's evolving fintech landscape...
New Delhi, February 22 Aurobindo Pharma aims to increase its production of Penicillin-G to over 10,000 metric tonnes annually over the next 12 months, according to company CFO S Subramanian.The Hyderabad-based drug manufacturer also expects its manufacturing plant in China to achieve EBITDA...
New Delhi, February 17 Diamond Power Infrastructure has reported a significant increase in its net profit to Rs 49.72 crore for the October-December quarter of 2025-26, compared to the previous year.The Vadodara-based company, which provides integrated power transmission and distribution...
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india
infrastructure investment
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new energy products
october-december quarter
power distribution
power transmission
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vadodara
New Delhi, February 16 Torrent Power announced on Monday that it has entered into an agreement with L&T Power Development to acquire 100 per cent of the equity stake in Nabha Power for an enterprise value of ₹6,889 crore.Nabha Power Ltd (NPL) is a wholly-owned subsidiary of L&T Power...
acquisition
coal-fired power plant
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l&t power development
nabha power ltd
patiala district
power generation
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power purchase agreement
punjab
rajpura
revenue
thermal power
torrent power
New Delhi, February 13 Akums Drugs & Pharmaceuticals reported a 29.5 per cent increase in consolidated net profit to Rs 86 crore for the third quarter ended December 2025, on Friday.The company earned a net profit of Rs 66 crore in the October-December quarter of the previous fiscal year.Its...
New Delhi, February 12 Indraprastha Gas Ltd, India's largest city gas distributor, reported a 25 per cent increase in net profit for the December quarter on Thursday, driven by higher margins and sales of both CNG and piped cooking gas, which offset the financial impact of staff costs.Net...
New Delhi, February 9 JK Lakshmi Cement expects its pre-tax earnings or EBITDA to improve in the fourth quarter and subsequent periods due to rising sales realization and growing non-trade (B2B) volumes, its President & Director Arun Kumar Shukla said on Monday.Non-trade (institutional) prices...