ANNUM

Telecom towers require Rs 2-3 lakh cr per annum for maintenance, says BSNL chairman Pravin Kumar Purvar

Speaking at 'Driving India's Techade: D2M for Bharat - 5G Broadcast Summit', BSNL chairman and managing director Pravin Kumar Purvar said even direct-to-mobile (D2M) broadcasting, which transmits multimedia content to consumers' smartphones without requiring an active internet connection using a technology that is employed for issuing emergency alerts and assisting in disaster management - too would require towers.

IIT-Kanpur Class of 2024 secures 989 offers in first phase of placement; with average pay of Rs 26.27 lakh per annum

“The relentless efforts of the Students’ Placement Office deserve appreciation as we culminate the first phase of this year’s placement season," said S Ganesh, director, IIT-Kanpur. Among the recruiters that visited the campus were Microsoft, Fujitsu, Samsung, Reliance, Goldman Sachs, McKinsey, Texas Instruments, Qualcomm, Deutsche Bank, Tata Projects and Navi, a statement said.

IIFL Samasta to raise up to Rs 1,000 cr via bonds, offers up to 10.50% return per annum

NCD is available in tenors of 24 months, 36 months and 60 months. The frequency of interest payment is available on monthly and annual basis for each of the series.

Coal Ministry unveils plan to produce 1,404 million tonnes per annum by 2027

The Ministry of Coal has unveiled ambitious plans to substantially enhance coal production in India. The target is to reach 1404 million tonnes (MT) by 2027 and an even more substantial 1577 MT by 2030. This plan represents a significant increase from the current production level of approximately one billion tonnes per annum. The initiative aligns with broader efforts to meet the growing energy demands of the country and support various sectors dependent on coal for power generation and industrial processes.

Diwali Shopping: A 2% convenience fee on BNPL can cost you as much as 72% interest per annum, compare the cost before you buy

Festive season around Diwali has traditionally been the period when people typically spend highest amount on shopping in any given year. There is an increasing trend of people using credit cards, credit lines and BNPL options to fund their shopping. However, it involves cost. Even a convenience fee may appear low but it can cost big if you are not careful. Here's how you need to assess your funding options and find the cheapest one.

India poised to grow at average 6.5 pc per annum over 2023-30: CEA

The Indian economy is expected to grow at an average of 6.5% annually between 2023 and 2030, according to the Chief Economic Advisor V Anantha Nageswaran. He emphasized the need for India to plug into the global supply chain and make itself attractive for the China-plus one strategy.

Muthoot FinCorp announces 16th series of NCDs, offering up to 9.43% yield per annum

Through the issue, the company plans to raise an amount aggregating up to Rs 400 crore, which is within the shelf limit of Rs 1,100 crore.

FM says no income tax for people earning up to Rs 7.27 lakh per annum under new tax regime

Finance Minister Nirmala Sitharaman on Friday said the Narendra Modi government has provided several tax benefits to middle class people, including income tax exemption for those earnings up to Rs 7.27 lakh per annum. Asserting that no section of the society has been left out by the government, she mentioned about skepticism in certain quarters when it was decided to provide income tax exemption for those earnings up to Rs 7 lakh in the Union Budget for 2023-24.

Nature’s ecosystem services generate up to $140 trillion per annum — significantly greater than global GDP: Onno van den Heuvel

"The risk of investing in a loss of nature has been underestimated for a very long time, similar to the processes which caused climate change — this has now led us to the possible breaching of multiple planetary boundaries. The World Economic Forum classifies the loss of nature as one of the top five risks for the global economy today, which is a huge concern for businesses."

IBM worker on sick leave for 15 yrs gets Rs 55 lakh/annum, still sues company for not raising his salary

Clifford agreed salary was £72,037, but in 2013, after coming under companies disability plan he was paid £54,028 (roughly Rs 55.34 lakh) per year, and 25 percent was deducted.​​​ Clifford claimed that the salary allotted is 'not generous enough' and would 'wither' over time with inflation.

Average industrial capex per annum will rise to around Rs 5.7 lakh cr over next 5 years: Manish Gupta

​Looking forward or more on a medium term basis, our estimation is that average industrial capex per annum will rise to around 5.7 lakh crores over the next five years, this itself will be around 1.5 times the increase on an annual basis.

Energy PSUs eye 38,000 tonnes per annum green hydrogen capacity

India is placing a big thrust on green hydrogen in its energy transition plan. It aims to develop green hydrogen production capacity of at least 5 million metric tonnes per annum by 2030, which would involve an investment of ₹8 lakh crore.

4 NCDs offering returns of up to 13.17% per annum

​4 NCDs offering returns of up to 13.17% per annum ​

India needs to grow at 9 to 10% per annum” says Amitabh Kant, G20 Sherpa at the ET CEO Roundtable

Assocham wants I-T limit exemption raised to ₹5 lakh per annum in Budget

"At one point, Indian government had tried to get Indian companies to list overseas. That did not happen. We should also allow the reverse, overseas companies to list in India," he said, adding, "While the Indian Depository Receipts (IDRs) process is there, no companies have come in because it is a little restrictive."

Assam CM Sarma launches Orunodoi DBT scheme, projected to cost Rs 4,142 crore per annum

Altogether 10.54 lakh fresh beneficiaries have been newly added under the greater version of Orunodoi 2.0. With the new inclusion, the total number of beneficiaries in the state will be around 27 lakh.

JSW Cement to invest Rs 3,200 crore to set up 5 MTPA capacity in central India

JSW Cement on Tuesday said it will invest more than Rs 3,200 crore to set up two greenfield cement manufacturing facilities having a total manufacturing capacity of 5 million tonnes per annum in central India.

Tata Motors to continue investing around Rs 2,000 crore per annum on commercial vehicle business

"At the company's commercial vehicle business level, we have been investing around Rs 2,000 crore per annum which includes our investment in internal combustion engines, alternate fuel as well as electric vehicles. We will continue to invest at the same rate to ensure that we keep coming with new vehicles," Wagh told reporters at the launch event.

Tata Steel Long Products Q1 Results: Firm posts Rs 331 crore net loss

The company saw its expenses rise to Rs 2,489.58 crore from Rs 1,282.59 crore in the same period a year ago.A subsidiary of Tata Steel, TSLP is one of India's largest integrated special steel and merchant direct reduced iron (sponge iron) players.

Here's how Per Annum is helping Indians earn fixed and stable returns in a volatile market

In order to avoid the bloodbath, Indian investors are choosing Per Annum as an alternative to diversify their portfolio.

Maruti to invest Rs 18,000 crore in Sonipat plant to roll out 10 lakh units per annum in 8 years

Currently, MSI has a cumulative production capacity of around 22 lakh units per annum across its two manufacturing plants in Haryana and parent Suzuki Motor's facility at Gujarat. The two plants in Haryana -- at Gurugram and Manesar -- together roll out around 15.5 lakh units per annum.

IIM Shillong sees a 100% placement; average CTC at Rs 23.10 lakh per annum

IIM Shillong successfully completed its final placements for the batch 2020-22, witnessing participation from 70 plus recruiters. The institute achieved a 100% placement record for the largest batch since its inception.

180 recruiters line up at IIM Indore; Highest package at Rs 49 lakh per annum

Over 180 recruiters including 30 first-time recruiters lined up this final placement season for students of Indian Institute of Management (IIM) Indore. A total of 572 candidates from the two-year flagship Post Graduate Program (PGP) and 5-year Integrated Program in Management (IPM) participated in the recruitment drive.