Adani portfolio delivers record 45% EBITDA growth in FY24
Adani Group companies posted a record 45 per cent rise in pre-tax profit (EBITDA) to Rs 82,917 crore (about USD 10 billion) in FY24 as the apples-to-airport conglomerate made a massive comeback, the group said on Sunday.
Gautam Adani overtakes Mukesh Ambani to become richest Asian
Mr. Adani with a net worth of $111 billion is now ranked as the 11th richest in the world, ahead of Mr. Ambani whose $109 billion wealth placed him at No. 12
Hero MotoCorp sales dip over 4% YoY; exports surge 67% in May
Hero MotoCorp reported a 4.1% decline in May 2024 sales to 4.98 lakh units, but saw a 12.6% growth in April-May 2024 sales, with exports surging 67% despite a drop in domestic sales and both motorcycle and scooter segments.
MosChip Technologies secures Rs 509.37 crore contract from C-DAC
This contract involves the development of a high-performance computing (HPC) SoC (System on a Chip) using state-of-the-art 5nm (nanometer) technology, a pivotal step that might open significant domestic and international market opportunities.