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India's workforce to grow by 33.9 million as AI transformation spurs new tech jobs by 2028: ServiceNow Report

India's workforce to grow by 33.9 million as AI transformation spurs new tech jobs by 2028: ServiceNow Report

Published : 13, Nov 2024

India is on track to increase its workforce from 423.73 million in 2023 to 457.62 million by 2028, reflecting a net gain of 33.89 million workers.

Profectus Capital Ltd sees 61 per cent increase in profit for FY24

Profectus Capital Ltd sees 61 per cent increase in profit for FY24

Published : 30, May 2024

The company is dedicated to funding micro, small and medium enterprises (MSMEs) across eleven product clusters in India that have inadequate access to formal financing channels.

JK Tyres clocks revenue of Rs. 15,046 crores in FY24

JK Tyres clocks revenue of Rs. 15,046 crores in FY24

Published : 22, May 2024

Profit after tax of Rs.811 crore is after making provisions of Rs.106 crore for liability towards “Extended Producer’s Responsibility” imposed by Government of India on the tyre industry....

Triveni Engineering & Industries Ltd reports consolidated results for Q4FY24

Triveni Engineering & Industries Ltd reports consolidated results for Q4FY24

Published : 21, May 2024

While sugar and alcohol businesses saw a decline in turnover, Power Transmission business reported remarkable performance with respect to revenues, profitability, and order booking...

Q4FY24 results: KFIL reports standalone EBITDA at Rs 96.9 crore, sees 39 per cent decrease Y-o-Y

Q4FY24 results: KFIL reports standalone EBITDA at Rs 96.9 crore, sees 39 per cent decrease Y-o-Y

Published : 20, May 2024

As far as consolidated Q4 FY 2023-24 financial performance is concerned, the operating revenue was at Rs 1,535.9 crore whereas EBITDA stood at Rs 165.1 crore for Q4 FY24.

Q3 FY24 results: Kennametal India sees 5.1 per cent growth in sales and 135 per cent increase in Profit Before Tax

Q3 FY24 results: Kennametal India sees 5.1 per cent growth in sales and 135 per cent increase in Profit Before Tax

Published : 17, May 2024

The sales acceleration is attributed to growth in the domestic market in both the hard metals and machine tools segments, while the increase in PBT primarily resulted from revenue growth,...

JSW Group's B2B e-commerce arm touches the GMV target rate of US $1 billion in FY24

JSW Group's B2B e-commerce arm touches the GMV target rate of US $1 billion in FY24

Published : 17, May 2024

The company intends to continue to scale up and maintain high growth rates while building on allied categories. JSW One is revolutionising B2B e-commerce, with over 70 per cent of repeat...

69 per cent of businesses focus on using AI to spur innovation and increase revenue: TCS Global AI Study

69 per cent of businesses focus on using AI to spur innovation and increase revenue: TCS Global AI Study

Published : 16, May 2024

The ‘TCS AI for Business Study’, a comprehensive report on the state of AI adoption and its impact on businesses, also finds that 69 per cent of businesses are more focused on using...

Siemens Limited announces Q2 FY 2024 results; registers 19 per cent increase in revenue

Siemens Limited announces Q2 FY 2024 results; registers 19 per cent increase in revenue

Published : 14, May 2024

The profit after tax stood at Rs. 896 crore (17 per cent of revenue), representing a 74 per cent increase compared to the same period last year. Additionally, the company received new...

Shanthi Gears reports 25 per cent revenue increase in Q4 FY24

Shanthi Gears reports 25 per cent revenue increase in Q4 FY24

Published : 9, May 2024

The Profit Before Tax (PBT) stood at Rs 31.9 crores in Q4 with a 20 per cent growth over Q4 of previous year, whereas in the financial year, the PBT of Rs 109.6 crores was reported...