Centre focuses on key reforms in public procurement system via GeM

IANS | May 6, 2025 9:51 AM

New Delhi, May 6 (IANS) The government has stressed upon key reforms in the public procurement system through the Government-e-Marketplace (GeM), including robust anti-cartel safeguards and expert-led interventions to further improve efficiency, transparency and growth.

Jinkushal’s net profit dips as expenses rise, show IPO papers

IANS | May 5, 2025 4:59 PM

New Delhi, May 5 (IANS) Chhattisgarh-based exporter of construction machinery, Jinkushal Industries Limited (JKIPL), has filed its draft red herring prospectus (DRHP) with capital markets regulator Securities and Exchange Board of India (SEBI) to raise funds through an initial public offering (IPO).

Solar PV component market in India to exceed $7 billion by 2029: Report

IANS | May 5, 2025 2:08 PM

New Delhi, May 5 (IANS) India’s solar photovoltaic (PV) balance of system (BoS) market is on a robust growth trajectory and is projected to grow from approximately $3 billion in 2024 to around $7 billion by 2029, registering a compound annual growth rate (CAGR) of 16 per cent, a report showed on Monday.