RIL pushes production timeline for battery packs by a year to 2024

The timeline for the production of battery packs by the oil-to-telecom conglomerate, Reliance Industries Limited (RIL), has been pushed back from 2023 to 2024, details in the company’s latest annual report suggest. In the annual report for the financial year 2023, released on Sunday, the commencement of battery pack production is listed under… Continue reading RIL pushes production timeline for battery packs by a year to 2024

‘Timeline for implementing import restriction on laptops may get extended’

The government is likely to push its order of licensing requirement for imports of laptops, PC and tablets by at least a month, sources said, as officials did fire-fighting after the decision announcement took the industry by surprise. The move is expected to offer a breather to companies, who have been on tenterhooks… Continue reading ‘Timeline for implementing import restriction on laptops may get extended’

Zomato’s ‘surprise’ faster profit timeline may help serve more gains

Zomato delivered a positive surprise with its strong results for the first quarter of the 2023-24 financial year (Q1FY24). The company reported revenues of Rs 2,416 crore (up 17.5 per cent quarter-on-quarter or Q-o-Q). Revenue growth was led by the food delivery business (up 17 per cent Q-o-Q). Blinkit growth was muted (up 5… Continue reading Zomato’s ‘surprise’ faster profit timeline may help serve more gains

Bengals coach reveals Joe Burrow recovery timeline after calf strain injury

Cincinnati Bengals quarterback Joe Burrow suffered a calf strain that will have him sidelined for “several weeks,” according to head coach Zac Taylor.  “Calf strain. It will take several weeks,” Taylor said after Friday’s practice. “And that’s the information we have right now.” Quarterback Joe Burrow of the Cincinnati Bengals looks on during training camp… Continue reading Bengals coach reveals Joe Burrow recovery timeline after calf strain injury