Cheap imports to hit margins, says Sajjan Jindal
 

Gold price slips Rs 10 to Rs 68,720, silver declines Rs 100 to Rs 88,400
The price of 22-carat gold slipped Rs 10, with the yellow metal trading at Rs 62,990.

Aditya Birla Group invests Rs 5,000 crore in Indriya jewellery brand
The Aditya Birla Group is foraying into the fast-growing jewellery retail business, eyeing a spot among the top three jewellery retailers in the next five years. Branded Indriya, the jewellery business will be housed under Novel Jewels, a venture of the Aditya Birla Group, created with an investment of Rs 5,000 crore.

Thangamayil Jewellery Q1 Results Live : profit falls by 3.5% YOY
Thangamayil Jewellery Q1 Results Live : Thangamayil Jewellery declared their Q1 results on 25 Jul, 2024. The topline increased by 27.27% & the profit decreased by 3.5% YoY. As compared to the previous quarter the revenue grew by 24.38% and the profit increased by 100.28%.

Thangamayil Jewellery Q1 profit edges down to ₹57 crore
Chennai: The Madurai-based Thangamayil Jewellery Ltd has reported a marginal drop in net profit at ₹57 crore in the first quarter ended June 30, 2024, as against ₹59 crore in the same previous quarter. Revenue in the first quarter jumped 27 per cent to a record ₹1,220 crore, as against ₹959 crore in the same quarter last year.

Regulator revises tariff policy for petro pipelines
The Petroleum and Natural Gas Regulatory Board (PNGRB) on Friday announced an independent criteria for determining tariffs for the petroleum product pipeline owners in the country, replacing the the current method based on railway freight. The move is intended to encourage investments in infrastructure, according to the Board.

MRPL to produce green hydrogen for captive use
 

Coking coal prices likely to remain under pressure on slack steel output growth
Chennai: Coking or metallurgical coal, used in steel-making, will likely remain under pressure for the remainder of the year on slack growth in global steel output. However, Indian construction and infrastructure sectors will gain given the lower prices of the steel-making raw material, analysts have said. 

Tata Power Solar partners with Bank of India for rooftop solar and EV charging loans
New Delhi: Tata Power Solar Systems Limited (TPSSL) has announced a strategic partnership with Bank of India (BOI) to facilitate financing for rooftop solar installations and electric vehicle (EV) charging stations. This partnership marks Tata Power Solar as the first solar company to collaborate with BOI for both solar and EV charging station financing, strengthening its leadership in green energy solutions.

Tamil Nadu sets new solar power generation record at 5,512 MW
Chennai: Tamil Nadu has set a new record in the solar power sector, generating 5,512 MW on Wednesday, surpassing the previous high of 5,398 MW achieved on March 5, 2024. The absorption of power into the grid was 39.2 MU (million units) on Wednesday, according to TANGEDCO (Tamil Nadu Generation and Distribution Corporation).

Adani Green Energy Q1 Results Live : profit rise by 38.51% YOY
Adani Green Energy Q1 Results Live : Adani Green Energy declared their Q1 results on 25 Jul, 2024. The topline increased by 31.08% & the profit increased by 38.51% YoY. As compared to the previous quarter the revenue grew by 12.15% and the profit increased by 197.33%.