REC targets zero NPA by March 2026

[ad_1] The REC Board recommended a final dividend of ₹2.60 per share. | Photo Credit: Markku Ulander Power sector lender REC on Thursday said that it aims to achieve zero non-performing assets (NPAs) by end of FY26 from a commendable 0.38 per cent net NPA and 1.35 per cent gross NPA in FY25. The State-run…

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Tesla hits trademark roadblocks for ‘Robotaxi’ and ‘Cybercab’ ahead of planned June launch

[ad_1] Tesla has encountered legal headwinds in its push to trademark the terms “Robotaxi” and “Cybercab”, dealing a blow to the company’s highly anticipated autonomous ride-hailing plans ahead of a planned June 2025 launch. The U.S. Patent and Trademark Office (USPTO) this week issued a “nonfinal office action” denying Tesla’s attempt to trademark “Robotaxi” for…

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Stocks Flat to Start Thursday

[ad_1] Canada’s main stock index opened higher on Thursday, tracking a global market rally, on news that the United States was on the verge of signing a trade agreement with Britain. The TSX Composite Index acquired 33.03 points to begin Wednesday at 25,194.21. The Canadian dollar faded 0.2 cents at 72.08…

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FPIs investment in corporate debt securities will no longer face short-term investment and concentration limits

[ad_1] Foreign Portfolio Investors’ (FPIs) investment in corporate debt securities will no longer face short-term investment limit and concentration limit, according to RBI. This relaxation comes in the backdrop of the financial markets facing volatility due to geopolitical tensions and tariffs wars. Arvind Kanagasabai, Executive Vice President-Integrated Treasury, Tamilnad Mercantile Bank, said removal of short-term…

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Trump announces UK-US trade deal on VE Day anniversary, cutting car tariffs and hailing ‘historic’ partnership

[ad_1] President Donald Trump has announced a new trade deal between the United States and the United Kingdom, marking what he described as a “historic day” for the transatlantic alliance. The agreement, unveiled on the 80th anniversary of VE Day, is the first major trade accord since the president introduced sweeping tariffs on dozens of…

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Baystreet.ca – Stocks In Play

[ad_1] 5/8/2025 – 11:07 AM EST – InPlay Oil Corp. : Announces its financial and operating results for the three months ended March 31, 2025. The company Achieved average quarterly production of 9,076 boe/d (55% light crude oil and NGLs), a 5% increase over Q1 2024 and ahead of internal forecasts. Returned $4.1…

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Bhutan Signs MoU with Adani for 5,000 MW hydropower

[ad_1] The Adani Group and the Druk Green Power Corporation (DGPC) of Bhutan have signed a memorandum of understanding (MoU) to jointly develop 5,000 MW of hydropower projects in Bhutan. The MoU was signed in Thimphu, by DGPC’s MD, Dasho Chhewang Rinzin and Adani Green Hydro’s COO (PSP & Hydro), Naresh Telgu in the presence…

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