Business News
US Stocks Open Lower as Investors Pause After Fed Rate Cut
US stocks experienced a lower opening on Friday as investors took a moment to reassess following a robust rally spurred by the Federal Reserve's significant interest rate cut earlier this week. The Dow Jones Industrial Average fell by 120 points, or 0.3%, landing at 41,906.55. Meanwhile, the tech-heavy Nasdaq Composite decreased by 0.2%, settling at 17,950.7. The S&P 500 also saw a dip, declining by as much as 0.26% to 5,698.93. Despite the overall market downturn, nine of t
US Stocks Open Lower as Investors Pause After Fed Rate Cut
US stocks experienced a lower opening on Friday as investors took a moment to reassess following a robust rally spurred by the Federal Reserve's significant interest rate cut earlier this week. The Dow Jones Industrial Average fell by 120 points, or 0.3%, landing at 41,906.55. Meanwhile, the tech-heavy Nasdaq Composite decreased by 0.2%, settling at 17,950.7. The S&P 500 also saw a dip, declining by as much as 0.26% to 5,698.93. Despite the overall market downturn, nine of t
Adani Total Gas Secures $375 Million to Expand City Gas Distribution Network
Adani Total Gas Ltd. (ATGL) announced on Friday that it has successfully secured $375 million in funding from international lenders to expand its city gas distribution (CGD) network. This financing marks the largest global investment in the CGD sector, underscoring the growing importance of natural gas in India's energy landscape. The funds will enable ATGL to extend its services to over 200 million people, representing approximately 14% of India's population. The financing
Adani Total Gas Secures $375 Million to Expand City Gas Distribution Network
Adani Total Gas Ltd. (ATGL) announced on Friday that it has successfully secured $375 million in funding from international lenders to expand its city gas distribution (CGD) network. This financing marks the largest global investment in the CGD sector, underscoring the growing importance of natural gas in India's energy landscape. The funds will enable ATGL to extend its services to over 200 million people, representing approximately 14% of India's population. The financing
Heritage Foods Aims for ₹700 Crore Revenue from Ice Cream Business in Five Years
Heritage Foods Ltd. has ambitious plans to elevate its ice cream business revenue to ₹700 crore over the next five years, as stated by CEO Srideep M Kesavan. This growth strategy is anchored by the establishment of a new manufacturing plant in Telangana, which aims to enhance production capacity significantly. Kesavan emphasized that this investment will enable the company to ramp up its annual revenue from approximately ₹110-120 crore to an impressive ₹650-700 crore. Highligh
Heritage Foods Aims for ₹700 Crore Revenue from Ice Cream Business in Five Years
Heritage Foods Ltd. has ambitious plans to elevate its ice cream business revenue to ₹700 crore over the next five years, as stated by CEO Srideep M Kesavan. This growth strategy is anchored by the establishment of a new manufacturing plant in Telangana, which aims to enhance production capacity significantly. Kesavan emphasized that this investment will enable the company to ramp up its annual revenue from approximately ₹110-120 crore to an impressive ₹650-700 crore. Highligh







