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By Kirti Srinivasan , 30 May 2025
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PNC Infratech Marks Decade of Market Presence with Robust Growth and Strategic Asset Divestments

PNC Infratech Ltd., one of India's prominent infrastructure developers, has commemorated a decade of stock market listing with a strong record of operational and financial achievements. Over the past 10 years, the company has executed more than 90 major projects across 13 states, with its revenues and profits witnessing impressive compound annual growth. Most recently, PNC has finalized the sale of 10 road assets to Highways Infrastructure Trust (HIT), aligning with its strategy to recycle capital and reinvest in future infrastructure opportunities.

Tags

  • Infrastructure
  • Company News
By Anant Kumar , 30 May 2025
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Wardwizard Innovations Partners with XiCon International to Lease 7,500 E-Scooters for Urban Last-Mile Delivery

Wardwizard Innovations & Mobility Ltd. (WIML), a prominent player in electric mobility, has entered a strategic partnership with XiCon International to lease 7,500 units of its Wolf+ e-scooter model. This initiative targets the burgeoning last-mile delivery sector in key metropolitan cities such as Mumbai, Delhi, Ahmedabad, and Pune, with plans for broader geographic expansion. The agreement encompasses not only vehicle leasing but also comprehensive service support, including uptime assurance and charging infrastructure.

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  • Automobiles
  • Technology Sector
By Gurleen Bajwa , 30 May 2025
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Digital Advertising Under Scrutiny as ASCI Flags Surge in Problematic Content

The Advertising Standards Council of India (ASCI) has reported an alarming rise in potentially non-compliant advertisements across digital platforms in FY25. Of the 7,199 advertisements examined, nearly 95% were digital, with a significant portion emanating from social media channels and company-owned websites. Meta platforms alone accounted for 79% of violations. The findings underscore the challenges posed by algorithm-driven advertising environments, prompting ASCI to bolster its technological oversight in collaboration with international partners.

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  • Media Sector
By Vinod Pathak , 30 May 2025
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Supreme Power Equipment Secures Rs. 61 Crore Transformer Contract from NLC India, Marking Strategic Breakthrough

In a notable development for India’s power infrastructure sector, Supreme Power Equipment Ltd (SPEL) has been awarded a transformer supply contract worth Rs. 61 crore by NLC India Ltd, a prominent Navratna public sector enterprise under the Ministry of Coal. The order, finalized on May 26, 2025, involves the delivery of inverter duty transformers vital to both thermal and renewable power applications.

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  • Power
  • Company News
By Gurleen Bajwa , 30 May 2025
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Karnataka Approves Rs. 15,441 Crore in New Investments to Boost Industrial Growth and Employment

In a significant move to bolster industrial development and employment generation, the Karnataka government has cleared six major investment proposals amounting to Rs. 15,441.17 crore. Announced during the 65th meeting of the State High-Level Clearance Committee chaired by Chief Minister Siddaramaiah, the proposals include four new projects and two amendments to existing ones. These ventures are projected to create over 5,000 job opportunities across the state.

Tags

  • Employment
  • Investment
By Agamveer Singh , 30 May 2025
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MSP Hike for Kharif Crops Sparks Political Divide Amid Inflation and Farm Sector Challenges

The Indian government has approved an increase in the Minimum Support Prices (MSP) for all mandated Kharif crops for the 2025–26 marketing season, a move welcomed by the Haryana government as part of its broader promise to double farmers’ income. However, the decision has ignited sharp political criticism, with opposition voices labeling the increase as insufficient in light of soaring input costs and inflation.

Tags

  • Agriculture
  • Economy
By Amrita Bhatia , 30 May 2025
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Pawan Kumar Tinu Appointed Chairman of Punjab Agricultural Development Bank, Pledges Reforms for Farmers' Welfare

Pawan Kumar Tinu, a senior leader of the Aam Aadmi Party (AAP), officially assumed the role of Chairman of the Punjab State Cooperative Agricultural Development Bank this week. His appointment comes at a pivotal time for Punjab’s agrarian economy, with increasing calls for policy reform and financial support to the state’s farming community. The inauguration ceremony was attended by key state ministers and Members of Parliament, who voiced strong confidence in Tinu’s leadership.

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  • Agriculture
  • Banking
By Vinod Pathak , 30 May 2025
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SAIL Reports Strong Q4 Performance Despite Annual Profit Dip, Eyes Future Expansion

Steel Authority of India Ltd. (SAIL), the state-run steel conglomerate, posted an 11.1% year-on-year increase in consolidated net profit for the March quarter of FY25, reaching Rs. 1,250.98 crore. This growth was propelled by higher operating revenues, which rose to Rs. 29,316.14 crore. While quarterly results showcased robust performance, the company’s full-year profit declined to Rs. 2,371.80 crore from Rs. 3,066.67 crore in FY24, largely due to global trade headwinds.

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  • Company Results
  • Steel Sector
By Agamveer Singh , 30 May 2025
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Apple Set to Align OS Naming With Calendar Years in Major Strategic Shift

Apple is reportedly preparing a sweeping rebranding of its operating systems, shifting to a naming convention tied to calendar years. Beginning with iOS 26—expected to be unveiled at the Worldwide Developers Conference (WWDC) on June 9, 2025—the tech giant will align its software versions with the year they’re predominantly used. This change will span across its ecosystem, including iPadOS, macOS, watchOS, tvOS, and visionOS. Alongside the nomenclature update, iOS 26 is anticipated to introduce a significant visual redesign inspired by Apple Vision Pro's interface.

Tags

  • Technology Sector
  • Trending
By Aseem Mehta , 30 May 2025
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Wipro Shuts Baddi Manufacturing Unit Amid Prolonged Labor Unrest, 80 Jobs Lost

Wipro Enterprises has permanently shut down one of its manufacturing units in Baddi, Himachal Pradesh, following a prolonged labor dispute that began in December 2024. The closure, which affects 80 employees, stems from sustained financial losses and repeated operational disruptions. While the company maintains that it followed all regulatory requirements and acted with integrity, employee unions have challenged the manner in which the shutdown was executed.

Tags

  • Technology Sector
  • Employment

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