Business

Rooftop solar brings zero power bills to 3,000 Ganjam homes

Berhampur: Nearly 3,000 households in Ganjam district paid no electricity bills in May, highlighting the growing impact of rooftop solar adoption under the Centre’s PM Surya Ghar Muft Bijli Yojana and utility-led initiatives. According to officials, 2,943 consumers in the district recorded zero electricity bills...

State to invest Rs 274cr for silk development

Bhubaneswar: The state government has drawn up an ambitious plan to invest Rs 274 crore over the next five years to promote the development of all four varieties of silk produced in the state, Textiles and Handlooms Director Somesh Kumar Upadhyay announced Friday. As part...

IPO

Jio Platforms files for $4 bn IPO; details here

New Delhi: Jio Platforms Ltd, the digital services arm of Reliance Industries, Friday filed draft papers for an initial public offering that is being billed as the largest ever, with a potential fundraise estimated at around USD 4 billion (about Rs 37,700 crore). Jio Platforms...

BSE, NSE, Sensex, Nifty, Stock market

Nifty IT plunges over 6% after Accenture guidance cut

Mumbai: IT stocks came under selling pressure Friday, with the Nifty IT index plunging more than 6 per cent after global technology services firm Accenture cut its revenue growth guidance and flagged a weaker demand environment, reigniting concerns over the pace of recovery in global...

 

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