‘No more conversion of equity in Voda-Idea’

Communications minister Jyotiraditya Scindia said government has no plans to provide any relief on the AGR (adjusted gross revenue) front to telecom companies after the Supreme Court struck down their plea for a waiver of interest and penalty. In an interview with TOI, the minister also made it clear that beleaguered Vodafone Idea will not…

Read More

NTPC Q4 profit rises 22% to ₹7,897 crore

State-owned power giant NTPC on Saturday (May 24, 2025) reported a nearly 22% rise in consolidated net profit to ₹7,897.14 crore in the March quarter of FY25, aided by higher revenue from its generation business. The power major had reported a net profit of ₹6,490.05 crore in the January-March period of 2023-24, the company said…

Read More

‘Fastest-growing economy for 4th year’

Finance minister Nirmala Sitharaman NEW DELHI: Finance minister Nirmala Sitharaman on Friday said India is sustaining its GDP growth momentum as the fastest-growing economy for the fourth year in a row, aided by manufacturing, services, and farm sectors.“India is sustaining growth and it is the fastest-growing economy now for the fourth year continuously, thanks to…

Read More