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Sensex Jumps 1000 Points As Heavyweights Surge

New Delhi, Jan 29 : BSE Sensex jumped more than 1000 points on Monday led by buying in heavyweight stocks. BSE Sensex is trading at 71,799.42 points, up by 1098.75...

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Sbi Card Shares Down More Than 5% After Stock Downgraded

New Delhi, Jan 29 : SBI Cards and Payment Services shares were down more than 5 per cent on Monday after brokerages downgraded the stock. SBI Card was down 5.6...

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Indian Ev Startup Blusmart Raises $25 Mn

New Delhi, Jan 29 : Switzerland-based impact investor responsAbility on Monday announced that it will invest up to $25 million in EV ride-hailing and charging provider BluSmart, as part of...

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Retail Loans Surge As Rbi Seeks To Stem Possible Risks

New Delhi, Jan 29 : Indian commercial banks’ retail lending has risen faster than loans to large businesses since the COVID-19 pandemic, S&P Global Market Intelligence data showed, underscoring the...

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Issues In Tingo\'s Financials Could Have Been Spotted By Any Semi-conscious Finance Undergrad With Severe Vision Loss: Hindenburg Research

New Delhi, Jan 29 : Issues in Tingo’s financials are glaring enough that we’d expect they could have been spotted by any semi-conscious finance undergrad with severe vision loss, Hindenburg...

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Financial Boost: Spicejet Secures Rs 160 Cr Through Eclgs

New Delhi, Jan 29 : Besides Rs 744 crores, SpiceJet has also secured Rs 160 crore through the Emergency Credit Line Guarantee Scheme (ECLGS), now with a substantial bank balance...

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Interim Budget Unlikely To Impact Market In A Big Way, Say Analysts

New Delhi, Jan 29 : Two important events are due this week: the interim Budget and the Fed meeting on rate decision.But these events are unlikely to impact the market...

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Over 1 In 4 Firms Ban Genai Over Privacy, Data Security Risks: Report

New Delhi, Jan 29 : More than one in four organisations have banned the use of GenAI over privacy and data security risks, a new report showed on Monday. Most...

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Assam To Hold Boiler Expo To Attract Investments

Guwahati, January 29 : The Assam government will host a steam boiler expo in February with an aim to attract industry players for investment in the state, officials said. An...

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Piramal Enterprises To Sell Entire Stake In Shriram Investment For Rs 1,440 Crore

New Delhi, Jan 28 : Piramal Enterprises has entered into share purchase agreement to sell its entire direct investment of 20 per cent of the fully paid-up equity share capital...

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Us Debt Stands At A Staggering $34 Trillion

New Delhi, Jan 28 : The US’ mounting debt structure currently stands at a staggering $34 trillion, according to usdebtclock, Cryptoslate reported. An escalating annualized interest accompanies this steep climb...

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After Tesla\'s Stock Slide, Magnificent Seven Face Tests To Keep Market’s Throne

New York, Jan 28 : Tech behemoths will face their next test to keep the market’s throne this week, after a bleak quarter from Tesla sent its stock sliding, media...

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Us Firm Signs Agreement To Build Resort In Ayodhya

Lucknow, Jan 28 : The Uttar Pradesh Tourism Department has signed an agreement with the American firm M/s Anjali Investment LLC for the construction of a 100-room resort in Ayodhya....

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Global Factors Like The Policy Rate Decisions Of Major Countries Will Affect The Market

New Delhi, Jan 28 : Geojit Financial Services Head of Research Vinod Nair said, “In response to a mixed global market trend, the retreat in the market was pronounced, with...

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Generative Ai Can Adversely Impact Our Operations: Netflix

San Francisco, Jan 28 : Netflix has sounded threat over generative AI, saying such technologies can adversely impact its operations and its ability to compete effectively with other companies. In...

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Musk’s X To Finally Hire 100 Employees For Content Moderation Team

San Francisco, Jan 28 : Elon Musk-run X is reportedly hiring 100 full-time employees for a new trust and safety office in Austin, Texas, after Musk had disbanded the trust...

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Don\'t Lose Sight Of Large Cap Stocks Despite Recent Smallcap-midcap Uptick

Mumbai, Jan 28 : Markets in India were on a roll during the calendar year 2023.The interesting part of the rally last year was the outperformance by many lengths of...

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Old Signifier Of Wealth And A Liquid Asset, Gold Continues To Shine Bright

New Delhi, Jan 28 : Investment in gold is considered a reliable hedge against inflation as the value of money declines when prices of goods are rising, while that of...

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Cheap And Idle Money Moving Out Of Banking System And Chasing Returns

New Delhi, Jan 28 : Indians have generally been savers and debt on personal balance sheets have generally been restricted to housing debt, vehicle loan or credit cards. Of late,...

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Investors Are Breaking Fixed Deposits For Mfs And Stock Market, Says Expert

Chennai, Jan 28 : The belief in India’s growth story and in its stock markets has triggered a trend of investors breaking their fixed deposits and investing in mutual funds...

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Indian Bourses May Not See Repeat Of 2023, But They\'ll Outperform Global Peers

Mumbai, Jan 28 : Markets had a stellar performance in the calendar year 2023.Can they repeat their performance in 2024? Seems unlikely.We have a number of imponderables, geo political news,...

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Present Market Volatility Triggered By Tug Of War Between Fiis And Diis

New Delhi, Jan 28 : Since the tug of war between the FIIs and DIIs continues, volatility will remain high in the near-term. This volatility may be used by investors...

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How Middle-income Families Can Make Their Money Grow While Playing Safe

New Delhi, Jan 28 : Middle-income families have multiple options to funnel their hard-earned savings into investment plans being offered by banks, post offices and financial firms, especially for them....

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Reits, Fractional Ownership Offer Option Of Lower Investment, Regular Income

New Delhi, Jan 28 : Investment in real estate for buying a home provides not just a living space but also a significant tangible asset that can be used as...

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Growth In Banks\' Credit Surpassing Deposits: Rbi

Mumbai, Jan 27 : The gap between credit and deposit growth of banks as of the first fortnight of January 2024 has widened compared to the last fortnight of September...

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Logistics Firm Flexport To Lay Off Another 20% Of Its Workforce: Report

San Francisco, Jan 27 : Logistics company Flexport is reportedly planning additional layoffs, around 20 per cent of its workforce. According to a report in The Information, Flexport is likely...

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Yes Bank Posts 4-fold Jump In Net Profit For Oct-dec Quarter

Mumbai, Jan 27 : Private sector lender Yes Bank on Saturday reported an over 4-fold jump in net profit to Rs 231.6 crore for the Oct-Dec quarter of the current...

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Flipkart Co-founder Binny Bansal Officially Exits Board

New Delhi, Jan 27 : Flipkart co-founder Binny Bansal has officially exited the e-commerce platform’s board after more than 16 years.Sachin Bansal, the other co-founder, left the board in 2018....

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Fpis Sold Equities Worth Rs 27,000 Crore In January

New Delhi, Jan 27 : FPIs continued to be sellers in the cash market having sold equity worth Rs 27,664 crores through January 25, said V K Vijayakumar, Chief Investment...

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Govt Puts Development Of 68 Km Ayodhya Bypass On Fast Track

New Delhi, Jan 27 : The government has put the development of the 68 km greenfield Ayodhya bypass project on the fast track to decongest the holy city and facilitate...

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Spotify Ceo Calls Apple\'s New Eu App Store Changes \'extortion\'

San Francisco, Jan 27 : Swedish music streaming service Spotify’s CEO Daniel Ek has criticised Apple’s proposed App Store changes ahead of the EU Digital Markets Act (DMA), saying the...

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Latest Measure Of Us Inflation Shows Progress Toward Fed’s Goal

New York, Jan 26 : The last US inflation snapshot for 2023 revealed that the Federal Reserve’s preferred price gauge didn’t budge last month, holding at 2.6 per cent and...

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Uk Regulator Launches Antitrust Probe Into $19 Bn Vodafone-three Uk Merger

London, Jan 26 : The UK’s Competition and Markets Authority (CMA) on Friday launched a formal probe into the proposed $19 billion merger between Vodafone and CK Hutchison-owned Three UK....

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Tata Partners Airbus To Make Helicopters As India, France Cement Ties

New Delhi, Jan 26 : The Tata Group and France’s Airbus have signed an agreement to manufacture H125 helicopters “with a significant indigenous component” as part of the growing defence...

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Canada \'disappointed\' At Uk\'s Decision To Pause Free Trade Talks

Ottawa, Jan 26 : Canadian Trade Minister Mary Ng has expressed disappointment over the UK’s decision to pause the bilateral free trade talks. Ng told reporters in Ottawa that she...

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Akasa Air Orders 300 Cfm Leap-1b Engines To Power 150 Boeing 737 Max Airplanes

New Delhi, Jan 26 : In conjunction with the state visit of the French President Emmanuel Macron to India, Akasa Air and France origin company, CFM International on Friday announced...

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Krutrim Becomes India\'s 1st Ai Unicorn With Latest Funding

New Delhi, Jan 26 : Homegrown AI company Krutrim on Friday became the country’s fastest unicorn and also the first AI unicorn in the country, after it closed its first...

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Southern Railway Closer To Loading 41 Million Ton Of Goods In Fy24

Chennai, Jan 26 : Southern Railway is in line with loading 41 million ton of goods this fiscal, eight per cent higher than that of the previous fiscal, said General...

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Openai Ceo Sam Altman Visits S.korea To Meet Chip Leaders

Seoul, Jan 26 : Sam Altman, CEO of US artificial intelligence company OpenAI, has visited South Korea to discuss ways to set up a global network for artificial intelligence (AI)...

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Tesla Shares Plunge To Wipe Out $73 Billion In Market Value

London, Jan 26 : Shares in Tesla plunged as much as 11 per cent after the market opened, wiping $73 billion off the company’s market value hours after it warned...

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Paytm Republic Day Festival Offer: Get Cashback Of Up To Rs 500, Win An Iphone 15

New Delhi, Jan 26 : One97 Communications Limited (OCL), that owns the leading payments and financial services company Paytm, on Friday announced an offer with the theme, titled ‘Paytm Republic...

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Intel Reports $15.4 Bn In Revenue In Q4, Profit Reaches $2.66 Bn

New Delhi, Jan 26 : Chip-maker Intel has registered $15.4 billion in revenue in its fourth quarter (Q4) of 2023, up 10 per cent year-over-year (YoY). The full-year revenue was...

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Apple Announces Changes To Ios, Safari, App Store Ahead Of Eu Dma Act

San Francisco, Jan 26 : Apple has announced changes to iOS, Safari, and the App Store in the European Union in response to the Digital Markets Act (DMA) coming into...

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Microsoft Lays Off 1,900 Employees From Activision Blizzard, Xbox

San Francisco, Jan 25 : Microsoft is laying off at least 1,900 employees at gaming company Activision Blizzard it acquired recently, as well as at Xbox. The job cuts will...

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Lic Gets Rbi Approval To Acquire 9.99% Stake In Hdfc Bank

New Delhi, Jan 25 : The Reserve Bank of India (RBI) has accorded its approval to LIC for acquiring aggregate holding up to 9.99 per cent of the paid-up share...

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Reliance Industries Celebrates India\'s 75th Republic Day With Employees, Customers

New Delhi, Jan 25 : Reliance Retail has launched a number of special discount schemes on the occasion of India’s 75th Republic Day. Reliance Digital has launched Digital India Sale...

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Term Loan Lenders Initiate Corporate Insolvency Proceedings Against Byju\'s In India (lead)

New York/New Delhi, Jan 25 : Overseas lenders of Byju’s $1.2 billion term loans on Thursday said they have filed a petition before the Bengaluru Bench of the National Company...

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Term Loan Lenders Initiate Corporate Insolvency Proceedings Against Byju’s In India (ld)

New York/New Delhi, Jan 25 : Overseas lenders of Byju’s $1.2 billion term loans on Thursday said they have filed a petition before the Bengaluru Bench of the National Company...

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Us Economy Remained Shockingly Robust In Fourth Quarter

Washington, Jan 25 : The US economy remained shockingly robust in the fourth quarter to close out a remarkably strong 2023, a media report said. Gross domestic product, a measure...

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Freshmenu Exposes 3.5mn Users\' Data Containing Sensitive Info: Report

New Delhi, Jan 25 : Foodtech platform FreshMenu has exposed data of more than 3.5 million users, containing order details along with sensitive customer information, which includes phone numbers and...

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Ola\'s Mobility Business In India Logs Rs 250cr Profit In Fy23

New Delhi, Jan 25 : Ride-hailing company Ola’s mobility business in India reported a profit of Rs 250 crore in FY23 against a loss of Rs 66 crore in FY22.Bhavish...

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Ola Announces Ex-unilever Executive Hemant Bakshi As New Ceo: Report

New Delhi, Jan 25 : ANI Technologies, the parent company of Ola, has announced Hemant Bakshi, a former executive at Unilever, as the new Chief Executive Officer (CEO) of Ola,...

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Google Pixel Users Complaining Of Storage Bug After Installing New Update

San Francisco, Jan 25 : Several Google Pixel owners are reporting issues with their devices after installing the January 2024 Google Play system update, causing them to be unable to...

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Western Australia Interested In Having Indian Nurses, Investments: Deputy Premier

Chennai, Jan 25 : Western Australia, the largest state of the country, is interested in having Indian nurses and paramedical staff to serve there apart from Indian investments in electric...

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Iit-guwahati Student Makes Low-cost Iot-enabled Water Quality Monitoring Device

Guwahati, Jan 25 : A student at the Indian Institute of Technology (IIT) Guwahati has developed a water quality monitoring device that is highly cost-effective and integrated with IOT (Internet...

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We Still Have A Long Way To Go To Upgrade Legacy Fleet, Improve Consistency: Air India Ceo

New Delhi, Jan 25 : Air India CEO, Campbell Wilson, on Thursday penned a letter to the airline’s employees, marking the second anniversary of its return to the Tata Group....

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Flipkart To Cut 1,000 Jobs In Annual Restructuring Exercise

New Delhi, Jan 25 : E-commerce major Flipkart will be laying off 1,000 employees in an annual restructuring exercise.This represents around 5 per cent of its total workforce, reports Moneycontrol,...

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Bigger Mutual Fund Schemes Start Deploying Cash

New Delhi, Jan 25 : Many of the large size mutual fund schemes were running on big cash through most part of CY2023, resulting in big underperformance. “We are finally...

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Byju\'s Faces Insolvency Proceedings From Foreign Lenders In India, Company Says \'baseless\'

New Delhi, Jan 25 : Byju’s lenders, who extended more than 85 per cent of Byju’s $1.2 billion term loan, have reportedly filed an insolvency petition against the edtech major...

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Ipo-bound Swiggy To Slash Another 400 Jobs Later This Year: Report

New Delhi, Jan 25 : Online food delivery platform Swiggy is cutting almost seven per cent of its workforce, or about 400 jobs, in the second round of layoffs, a...

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Easemytrip Co-founder Rikant Pitti Purchases Property Worth Rs 100 Cr In Gurugram

New Delhi, Jan 25 : EaseMyTrip Co-founder Rikant Pitti has bought a commercial property worth about Rs 99.34 crore in Gurugram. According to documents seen by real estate data analytics...

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Bharat Dynamics Posts 61% Rise In Q3 Net Profit

New Delhi, Jan 25 : Ammunition and missile manufacturer Bharat Dynamics has reported a 61 per cent in consolidated net profit at Rs 135 crore for the October-December quarter of...

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Indigo Announces Direct Flight Between Dubai And Surat From Feb 23

New Delhi, Jan 25 : IndiGo on Thursday announced direct flights between Dubai and Surat which will operate tri-weekly from February 23. “The addition of this strategic route to the...

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Delhivery Announces Deployment Of Os1 For Akshaya Patra; Dispatchone To Power Meal Deliveries

New Delhi, Jan 25 : Delhivery Ltd, India’s largest integrated supply chain services provider, has announced the operationalization of its OS1 stack with The Akshaya Patra Foundation, the world’s largest...

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Domestic Equities Plunge On Profit Booking

New Delhi, Jan 25 : Domestic equities continued with its profit booking trend and plunged once again on monthly F&O expiry day before recovering half of the losses towards the...

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Bajaj Auto Topples M&m As Third Most Valuable Auto Company In India

Mumbai, Jan 25 : Bajaj Auto has toppled Mahindra & Mahindra (M&M) as the third most valued auto company in the country. Bajaj Auto’s market cap on Thursday crossed the...

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Acc Records 5-fold Surge In Q3 Net Profit

Mumbai, Jan 25 : Cement major ACC on Thursday reported a nearly five-fold surge in its net profit to Rs 527 crore for the October-December quarter of the current financial...

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Jsw Steel Records Five-fold Jump In Q3 Net Profit At Rs 2,415 Cr

Mumbai, Jan 25 : Billionaire Sajjan Jindal-led JSW Steel on Thursday reported a close to five-fold rise in its net profit for the October-December quarter of the current financial year,...

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Essar Oil Uk Rebrands To Eet Fuels

Stanlow, Jan 25 : Essar Oil UK has become EET Fuels (or ‘the Company’), as it delivers on its plan to become the UK’s first low carbon refinery, setting the...

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Broader Market Unable To Hold Gains On Concerns Of High Valuations, Subpar Results

New Delhi, Jan 25 : A tough battle unfolded in the market as the Nifty remained highly volatile throughout the day.The sentiment may continue to lean towards the bears as...

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\'shark Tank India 3\': \'rodbez\' Seals Joint Deal With Oyo Rooms Founder, Sugar Cosmetics Ceo

Mumbai, Jan 25 : The new episode of ‘Shark Tank India’ season three saw an innovative pitch by Bihar’s ‘RodBez’, a platform offering one-way taxi, taxipool, and carpool services The...

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Samsung India Partners Blinkit To Deliver Galaxy S24 Series In 10 Min

New Delhi, Jan 25 : Samsung on Thursday announced a tie-up with quick-commerce platform Blinkit to deliver its newly launched Galaxy S24 series in India. Customers living in Delhi-NCR, Bengaluru...

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Black And Decker Expanding Footprint In India With Cutting-edge Innovation

New Delhi, Jan 25 : As the consumer electronics market goes through a churning in India, Black and Decker brand is expanding its footprint in the domestic market, striving to...

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Will Soon Launch Digital India Futurelabs, Semiconductor Research Centre: Mos It

New Delhi, Jan 25 : The Union Government on Thursday announced its plans to launch ‘Digital India futureLABS’ and establish the India Semiconductor Research Centre. The ‘Digital India futureLABS’ will...

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Reliance Jio, Oneplus Join Hands To Drive 5g Innovation In India

New Delhi, Jan 25 : Reliance Jio and the global technology brand OnePlus on Thursday announced a strategic partnership aimed at unlocking the full potential of 5G technology in India....

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Apple Plans To Charge Developers Who Allow To Sideload Their Apps In Eu: Report

San Francisco, Jan 25 : Apple is reportedly planning to impose fees and restrictions on developers who offer the ability to sideload their apps in the European Union (EU). App...

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Us-based Investment Firm Fidelity Cuts Valuation Of Pine Labs, Meesho

New Delhi, Jan 25 : Global investment firm Fidelity has marked down the valuation of fintech unicorn Pine Labs and e-commerce company Meesho. As per the regulatory filings with the...

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Sk Hynix Swings To Profit On Rising Demand For Premium Chips

Seoul, Jan 25 : SK hynix said on Thursday it swung to a profit in the fourth quarter of last year on the back of rising demand for premium memory...

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Lg Electronics’ Profit More Than Quadruples On Home Appliances, Automotive Parts

Seoul, Jan 25 : LG Electronics said on Thursday that its fourth-quarter operating profit more than quadrupled from a year earlier on robust sales of home appliances and automotive parts....

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Autonomous Vehicle Tech Firm Aurora Lays Off 3% Of Workforce

San Francisco, Jan 25 : Autonomous vehicle technology company Aurora Innovation has laid off three per cent of its workforce at the starting of this year, the media reported. As...

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Sensex Down 700 Points Led By Slump In Tech Mahindra

New Delhi, Jan 25 : BSE Sensex is down 700 points in morning trade on Thursday led by a slump in Tech Mahindra. BSE Sensex was trading at 70,331.85 points,...

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Freshworks Entered A Red Ocean Market By Choice: Ceo Girish Mathrubootham

New Delhi, Jan 25 : Despite the funding winter induced by tightening global monetary environment, Indian startups saw $8.4 billion of capital pour into them in 2023.Over the last couple...

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Cloud Software Major Sap\'s Restructuring Plan To Affect 8,000 Jobs

New Delhi, Jan 25 : Cloud software major SAP has announced a company-wide restructuring programme in 2024 that will affect approximately 8,000 positions. The majority of the approximately 8,000 affected...

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Microsoft Now A $3 Trillion Company, Second After Apple

San Francisco, Jan 25 : Microsoft has reached the coveted $3 trillion mark and became the second company after Apple to achieve this feat. Microsoft reached a $3 trillion market...

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Ev Sales Growth May Be \'notably Lower\' In 2024: Tesla

San Francisco, Jan 25 : Elon Musk-run Tesla has reported $7.9 billion in net income and $25.2 billion in revenue during the fourth quarter of 2023, a 3 per cent...

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Dial Moves Delhi Hc Against Centre\'s Decision To Permit Commercial Flight Operations At Hindon Airforce Station

New Delhi, Jan 24 : The Delhi International Airport Limited (DIAL) on Wednesday filed a petition before the Delhi High Court challenging the Civil Aviation Ministry’s decision to permit the...

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Massive Data Breach Reveals 26bn Records From Linkedin, Snap, X, More: Report (ld)

New Delhi, Jan 24 : Cybersecurity researchers have warned that a database containing over 26 billion leaked data records has been discovered, which include users’ data from LinkedIn, X (formerly...

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Finance Minister Kicks Off Interim Budget 2024 Process With Halwa Ceremony In North Block

New Delhi, Jan 24 : The Halwa ceremony, marking the final stage of the preparation process for Interim Union Budget 2024, was held in North Block on Wednesday in the...

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Govt Invites Bids For Setting Up Advanced Chemistry Cell Making Units Under Pli Scheme

New Delhi, Jan 24 : The Ministry of Heavy Industries on Wednesday announced the re-bidding of production linked incentives (PLI) for 10 GWh Advanced Chemistry Cell (ACC) manufacturing. With this...

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Tata Steel Bounces Back Into Profit In Q3 Despite Challenges In Europe Ops

Mumbai, Jan 24 : Tata Steel on Wednesday bounced back with a consolidated net profit of Rs 522.14 crore in the Oct-Dec quarter of the current financial year from a...

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Cabinet Gives Coal India Go-ahead For Two Projects Worth Rs 24,835cr

New Delhi, Jan 24 : The Cabinet Committee on Economic Affairs (CCEA) chaired by Prime Minister Narendra Modi on Wednesday approved two major projects to be taken up by Coal...

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Sony Ceo Assures Staff Of \'long-term Growth, Strong Future\' After Zee Deal Falls Through

Mumbai, Jan 24 : N.P.Singh, Sony Pictures Networks India Managing Director and Chief Executive Officer, assured employees that he, along with the senior management, is “committed to setting the company...

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Zee Moves Nclt Seeking Directions To Implement Merger With Sony

New Delhi, Jan 24 : Zee Entertainment has initiated legal action to contest Culver Max (formerly Sony Pictures Network India) and BEPL’s claims in the arbitration proceedings before the Singapore...

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Cabinet Approves Rs 8,500 Crore Scheme To Boost Coal Gasification Projects

New Delhi, Jan 24 : The Cabinet chaired by Prime Minister Narendra Modi on Wednesday approved the scheme for promotion of Coal Gasification projects of public sector undertakings and private...

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Bajaj Auto Q3 Pat Rises To Rs 2,041.88 Crore

Chennai, Jan 24 : Selling higher number of vehicles, two and three wheeler major Bajaj Auto Ltd closed the third quarter of FY24 with a higher net profit of Rs.2,041.88...

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Nifty Registers Sharp Recovery After Tuesday\'s Sharp Fall

Mumbai, Jan 24 : From early morning low of 21,137, Nifty registered a sharp recovery of more than 340 points and finally ended the day with gains of 215 points...

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Market Volumes To Be Tepid In Truncated Week

Mumbai, Jan 24 : FIIs continue to be sellers in the market this week. “We expect the domestic and FPI volumes to remain tepid during truncated week, as most long...

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Nokia Signs 5g Patent Cross-license Pact With Oppo

New Delhi, Jan 24 : Nokia on Wednesday signed a 5G patent cross-license agreement with global smartphone brand OPPO that covers Nokia’s fundamental inventions in cellular technologies. Under the agreement,...

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Whatsapp Working On \'chat Interoperability\' Feature To Comply With New Eu Rules

New Delhi, Jan 24 : Meta-owned WhatsApp is working on a chat interoperability feature to comply with new European Union (EU) regulations. In the latest iOS app beta version of...

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Tech Mahindra\'s Q3 Net Falls Drastically To Rs 485.9 Crore

Chennai, Jan 24 : Software player Tech Mahindra Ltd closed its third quarter with a drastic fall in its net profit at Rs 485.9 crore on a lower operational revenue....

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Govt Issues Notification For Indian Firms To List On Gift City\'s Exchanges

New Delhi, Jan 24 : The government on Wednesday issued a notification allowing the direct listing of shares of Indian companies at GIFT City’s exchanges. According to the Finance Ministry...

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Games24x7 Foundation Unveils \'wheels Of Change\' On National Girl Child Day

New Delhi, Jan 24 : Games24x7 Foundation, the non-profit arm of Games24x7, one of India’s largest online skill gaming company, is reshaping the landscape of education for underprivileged girls with...

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Microsoft Now Lets You Easily Control Audio, Video Settings During Teams Meeting

New Delhi, Jan 24 : Microsoft has announced new tools that will let users quickly control audio and video settings during a Teams meeting. These new tools are part of...

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Market Sentiment Muted As Concerns Persist On Fiis Selling Due To Premium Valuations In India

Mumbai, Jan 24 : The market rebounded from Tuesday’s sell-off taking cues from global peers, Vinod Nair, Head of Research at Geojit Financial Services, said on Wednesday. The BSE Sensex...

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Softbank Sells Another 2% Stake In Paytm, Offloads Rs 3,800 Cr Worth Shares In Fy24

New Delhi, Jan 24 : Japanese investment giant SoftBank has sold an additional 2 per cent stake in Paytm’s parent company, One97 Communications, over the last month through open market...

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Quit Tobacco Not Dreams: Indian Clinical Trial Shows Nrt Boosts Quit Rates

New Delhi, Jan 24 : A clinical trial at SCB Dental College and Hospital in Cuttack, Odisha, has revealed that combining Nicotine Replacement Therapy (NRT) with Behavioral Therapy is five...

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Netweb Technologies Logs 20% Pat Growth, Revenue Up Over 44%

New Delhi, Jan 24 : Netweb Technologies, a leading high-end computing solutions (HCS) provider in the country, on Wednesday said it registered 20 per cent growth in profit after tax...

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Fintech Unicorn Incred Reports 132% Growth In Profit In Q3 Fy24

New Delhi, Jan 24 : Fintech unicorn InCred on Wednesday reported 132 per cent growth in profit before tax to Rs 298 crore in the third quarter of the current...

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Cci Approves Burman Family\'s Acquisition Of Shareholding In Religare Enterprises

New Delhi, Jan 24 : Competition Commission of India (CCI) approved the acquisition of shareholding in Religare Enterprises Limited by Puran Associates Private Limited, M.B.Finmart Private Limited, and VIC Enterprises...

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Canara Bank Posts 27% Jump In Net Profit For Oct-dec Quarter

Mumbai, Jan 24 : Canara Bank on Wednesday reported a 26.87% increase in net profit to Rs 3,656 crore for the October-December quarter of the current financial year compared to...

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Pli, Gst Exemption On Budget Wishlist Of Indian Space Association

Chennai, Jan 24 : Production linked incentive (PLI) scheme for space grade components, exemption from good and services tax (GST), tax holiday, concessional custom duty, lower tax rate on external...

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Adani Group To Invest In Various Public Sectors Of Nepal: Minister

Kathmandu, Jan 24 : Nepal Finance Minister Ram Sharan Mahat has said that Adani Group will invest in various public sectors in Nepal including airports and energy sector. “The founder...

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Family Companies Are Experiencing Heir Loss: Report

New Delhi, Jan 24 : Family companies are the hidden engines of the global economy.More than 90 per cent of all companies are family companies.These include many of the world’s...

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Fintech Firm Brex Cuts 20% Of Jobs In Restructuring Exercise

San Francisco, Jan 24 : US-based fintech company Brex has laid off about 20 per cent of its workforce, or 282 employees, in a restructuring exercise. “Today we’re restructuring Brex...

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India’s Business Activity Surges To 4-month High At Start Of 2024: Hsbc Survey

New Delhi, Jan 24 : India’s business activity surged to a four-month high in January with both manufacturing and services recording a robust growth, according to a private sector survey...

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Dream Sports-backed Cricket Nft Platform Rario Winds Up Current Product

New Delhi, Jan 24 : Cricket non-fungible token (NFT) platform Rario has announced to shut down its current product from January 29, and will launch a new product by March....

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Sensex Gives Up Morning Gains Of More Than 400 Points Led By Losses In Axis Bank

New Delhi, Jan 24 : Indian markets gave up morning gains on Wednesday after private sector banks came under selling pressure. BSE Sensex which was up more than 400 points...

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Vroom To Shut Its E-commerce Operations, Cut Nearly 90% Of Jobs

San Francisco, Jan 24 : US-based leading e-commerce platform for buying and selling used vehicles Vroom has announced that it is discontinuing its e-commerce operations and winding down its used...

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Nodwin Gaming Acquires Comic Con India For Rs 55 Cr

New Delhi, Jan 24 : E-sports and gaming company NODWIN Gaming on Wednesday said it has acquired Comic Con India, which hosts pop cultural festivals targeting youth across the country,...

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Sc Cancels Default Bail Of Wadhwan Brothers In Dhfl Loan Fraud Case

New Delhi, Jan 24 : The Supreme Court on Wednesday set aside the default bail granted to the former DHFL directors Kapil and Dheeraj Wadhwan in connection with the Dewan...

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Further Selling By Fpis, More Corrections In Broader Market Likely

New Delhi, Jan 24 : The important takeaway from January 23 sharp market correction is not the 1.54 per cent cut in Nifty but the crash in Nifty mid-cap and...

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Lava International’s Subsidiary Sojo Gets Approval For Pli In It Hardware

New Delhi, Jan 24 : Sojo Manufacturing Services (AP) Pvt Ltd, a subsidiary of homegrown company Lava International, on Wednesday said its application for the production-linked incentive (PLI) scheme for...

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Microsoft Working On Smaller, Cheaper Genai Models

San Francisco, Jan 24 : Microsoft is reportedly working on cheaper, smaller artificial intelligence (AI) models to tap more opportunities in the AI market. The Information reported the new generative...

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Oneplus Expands Mainline Network In India, To Operate With 50k Retailer Stores In 2024

New Delhi, Jan 24 : India continues to be an important market for global technology brand OnePlus and the company aims to operate with approximately 50,000 mainline retailer stores in...

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Amazon Fined $35 Mn Over ‘excessive’ Employee Surveillance

London, Jan 24 : France’s National Commission on Informatics and Liberty (CNIL) has fined Amazon 32 million euros (nearly $35 million), saying that the system for monitoring employee activity and...

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Ebay To Lay Off 1,000 Full-time Employees, Unspecified Number Of Contractors

San Francisco, Jan 24 : E-commerce platform eBay is sacking around 1,000 employees, or 9 per cent of its full-time workforce, and the company will also lay off an unspecified...

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Oxford University Ends Ties With Tcs Citing \'technical Glitches\' In Online Admission Tests: Report

London, Jan 23 : The University of Oxford has terminated its partnership with Tata Consultancy Services (TCS) following a detailed analysis of technical problems experienced by students taking online admission...

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Oneplus Launches New Flagship Smartphones 12, 12r In India

New Delhi, Jan 23 : Global technology brand OnePlus on Tuesday launched its latest flagship smartphones — OnePlus 12 and OnePlus 12R — in India. The OnePlus 12 has been...

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India’s Acme Group Inks Pact To Supply Green Ammonia To Japan’s Ihi Corporation

New Delhi, Jan 23 : ACME Group, a leading renewable energy company in India, and IHI Corporation, a Japanese integrated heavy industry group, have signed an offtake term sheet for...

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Chinese Stocks Have Lost $6 Trillion In 3 Years

Hong Kong, Jan 23 : Over the past three years, about $6 trillion — equivalent to roughly twice Britain’s annual economic output — has been wiped off the value of...

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India\'s Direct Tax Collections Leap 160% Over 9 Years

New Delhi, Jan 23 : The country’s net direct tax collections have increased by 160.52 per cent from Rs 6,38,596 crore in 2013-14 to Rs 16,63,686 crore in 2022-23, according...

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Car Embodies Nep\'s Vision Across 2764 Schools

New Delhi, Jan 23 : Classmate, India’s leading notebook brand, on Tuesday organised the annual Classmate All Rounder (CAR) National Grand Finale in Delhi. Bringing alive the government’s New Education...

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Zomato-backed Curefit Cuts 120 Jobs In Restructuring Exercise

New Delhi, Jan 23 : Zomato-backed fitness startup CureFit has slashed 120 jobs earlier this week in a restructuring exercise, a media report said on Tuesday. The latest job cuts...

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Small And Midcap Indices Plunge

Mumbai, Jan 23 : After a gap up opening of 145 points on the back of positive global cues, Nifty could not hold on to the gains and turned south...

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Makemytrip Logs Record Quarterly Gross Bookings In Q3 Fy24, Net Profit At $24.2 Mn

New Delhi, Jan 23 : Online travel company MakeMyTrip on Tuesday announced its highest-ever quarterly gross bookings in the third quarter (Q3) of FY24, with net profit reaching $24.2 million,...

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Ipo-bound Swiggy Likely To Raise Platform Fee From Rs 5 To Rs 10: Report

New Delhi, Jan 23 : Online food delivery platform Swiggy is expected to double the platform fee on food orders from Rs 5 to Rs 10 in the coming month,...

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Samsung Brings Live Galaxy Ai Experiences To India

Mumbai, Jan 23 : Samsung on Tuesday inaugurated its first Online-to-Offline (O2O) lifestyle store in India at the Jio World Plaza Mall in Mumbai. Customers will be able to experience...

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South Korea: Nearly 350 Flights At Jeju Airport Canceled Due To Snow, Winds

Seoul, Jan 23 : Nearly 350 flights set to land or take off at Jeju International Airport in South Korea have been canceled on Tuesday due to heavy snow and...

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Global Vc Investments Sink In 2023, India Still A Bright Spot: Report

New Delhi, Jan 23 : Global VC investment sank to $344 billion across 37,808 deals in 2023 from $531.4 billion across 51,894 deals in 2022 amid geopolitical, macro-economic and other...

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Sensex Down 1,000 Points On Huge Selloff

Mumbai, Jan 23 : Domestic equities opened positive on Tuesday, but soon drifted into the red after witnessing huge sell-off amid profit booking. Nifty plunged 333 points (-1.5 per cent)...

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Indigo Partners With Altered To Achieve 98% Water Conservation On Its Flights

New Delhi, Jan 23 : IndiGo airline has partnered with Swedish innovation company Altered, to fit its fleet of aircraft with innovative nozzles that can help reduce on-board water consumption...

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Mid And Smallcaps Witness More Decline Compared To Main Indices

Mumbai, Jan 23 : The market witnessed a continuous decline on Tuesday, abruptly turning negative despite a positive start, mainly due to substantial selling in the heavyweight sectors, particularly finance,...

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Zee On The Brink Of Facing Multiple Legal Proceedings

New Delhi, Jan 23 : Zee Entertainment Enterprises could see a hit from related penalty/legal proceedings due to its battle with Sony over the non-compete fee, ongoing legal proceedings by...

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Apple Releases Ios 17.3 With Stolen Device Protection Feature

New Delhi, Jan 23 : Apple has released iOS 17.3 — the third major update to the iOS 17 operating system that initially came out in September 2023. With this...

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Bharat Innovate Glass To Invest Rs 1003 Crore In Tn To Make Cover Glass For Mobile Phones

Chennai, Jan 23 : Bharat Innovate Glass Technologies Private Limited on Tuesday inked a Memorandum of Understanding (MoU) with Tamil Nadu Government to set up a plant to make cover...

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India’s Coronary Drug-eluting Stents Mkt To Register 4% Cagr By 2033: Report

New Delhi, Jan 23 : The coronary drug-eluting stents market in India is set to grow at a compound annual growth rate of 4 per cent between 2023 and 2033,...

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Rec Reports 13.6% Rise In Q3 Net Profit At Rs 3,269 Cr

New Delhi, Jan 23 : Public sector Maharatna financial company REC Ltd on Tuesday reported a 13.6 per cent year-on-year increase in net profit to Rs 3,269.3 crore for the...

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Shree Cement’s Md Neeraj Akhoury Appointed Nccbm\'s Chairman

New Delhi, Jan 23 : Neeraj Akhoury, President — Cement Manufacturers’ Association and MD, Shree Cement Ltd — has been appointed as the Chairman of the National Council for Cement...

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Byju’s Revenue Reaches Rs 5,298 Cr In Fy22, Losses Surge To Rs 8,370 Cr

New Delhi, Jan 23 : The edtech major Byju’s on Tuesday announced its audited FY22 financial results after much delay, registering operating revenue of Rs 5,014 crore while losses surged...

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Infogain Appoints Dinesh Venugopal As New Ceo

New Delhi, Jan 23 : Infogain, a Silicon Valley-headquartered leader in human-centred digital platforms and software engineering services, on Tuesday announced the appointment of Dinesh Venugopal as its Chief Executive...

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Zee Shares Now Down 30% In A Single Trading Session

New Delhi, Jan 23 : Zee Entertainment shares are now down a massive 30 per cent in a single trading session. Zee is trading at Rs 161, down 30 per...

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Tinkering With New Concessional Tax Regime Not Ruled Out

New Delhi, Jan 23 : We do not expect any major announcements for tax mobilisation and rationalisation, but some tinkering with the new concessional tax regime cannot be fully ruled...

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L&t Order Book Swells With Big Domestic And Global Deals

Mumbai, Jan 23 : Construction and engineering giant Larsen & Toubro (L&T) announced on Tuesday that its subsidiary company Heavy Engineering has won major orders in the domestic and international...

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Real Estate, Psu Stocks Lead Slump In Broader Markets

New Delhi, Jan 23 : Real estate and PSU stocks are the biggest losers in trade on Tuesday as the BSE Sensex slumped below the 71k mark. The real estate...

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Ai Won\'t Take As Many Jobs As Expected: Study

San Francisco, Jan 23 : While researchers around the world expect job losses due to artificial intelligence (AI) soon, a new study has said that AI might not take as...

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Govt Hikes Import Duty On Gold And Silver Coins, Jewellery Findings

New Delhi, Jan 23 : The government has raised the import duty on gold and silver findings as well as coins of precious metals to 15 per cent, from 10...

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Genai Spending From Banks To Reach $85 Bn Globally By 2030

New Delhi, Jan 23 : The spending on GenAI by banks will reach $85 billion in 2030, from $6 billion globally in 2024 which is a 1,400 per cent growth,...

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Colgate-palmolive Logs Q3 Pat Of Rs 330.11 Cr

Chennai, Jan 23 : Fast moving consumer goods (FMCG) company Colgate-Palmolive (India) Ltd closed the third quarter of FY 24 with an after tax profit of Rs 330.11 crore. In...

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Zee Shares Plunge 25% At Lower Circuit

New Delhi, Jan 23 : Zee Entertainment shares were down a massive 25 per cent on Tuesday. Zee was trading at Rs 173.85, down 25 per cent at the lower...

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7 In 10 Ceos Globally Planning To Invest In Genai In 2024: Report

New Delhi, Jan 23 : About seven out of 10 CEOs globally are planning to invest in generative artificial intelligence (genAI) this year, a new report said on Tuesday. According...

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Sensex Down More Than 500 Points Led By Banks

New Delhi, Jan 23 : BSE Sensex has now slumped more than 500 points on Tuesday with banks leading the fall. BSE Sensex is trading at 70,855.44 points, down 568.21...

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Groww App Faces Technical Issue, Users Ask For Compensation

New Delhi, Jan 23 : Several users of online financial services platform Groww on Tuesday experienced an hour-long outage, leaving them unable to login and some even asked for compensation....

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Sri Lankan Central Bank Keeps Policy Rates Unchanged To Control Inflation

Colombo, Jan 23 : The Central Bank of Sri Lanka (CBSL) has decided to maintain the Standing Deposit Facility Rate and the Standing Lending Facility Rate at their current levels...

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Itc\'s Mega Investment In A Paper And Pulp Project Likely In Uttarakhand

New Delhi, Jan 23 : The recently concluded Uttarakhand Global Investors Summit held in Dehradun saw major companies like ITC, Adani Group, JSW, Patanjali and Emaar India announce strategic investment...

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Railway Stocks Down Up To 9%

New Delhi, Jan 23 : Railway stocks are sharply down in trade on Tuesday after a recent run up. Railtel is down 9.5 per cent at Rs 401.40 on BSE.Ircon...

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Samsung Galaxy S24 Ultra: Ai Blends Perfectly With Productivity, Creativity

New Delhi, Jan 23 : Artificial intelligence (AI) is here and when it comes to devices around us, the role of this new technology to boost productivity, creativity and overall...

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Video Game Developer Riot Games Slashes 530 Jobs

San Francisco, Jan 23 : Video game developer Riot Games has announced to eliminate about 530 roles globally, which represents around 11 per cent of its workforce, with the biggest...

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Now Tiktok Lays Off Employees To Reduce Costs

San Francisco, Jan 23 : Chinese short-video making app TikTok has joined the Big Tech layoffs, asking a certain number of employees to go to reduce costs. The job cuts...

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\'undervalued Imports Of Knitted Fabric From China Impacting Local Industry\'

Chandigarh, Jan 22 : Representatives of associations and trade bodies have raised concern over the substandard influx of undervalued imports, to the tune of 1,000 metric tonnes per day, of...

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Zee’s Stock Valuation Will Likely De-rate: Clsa

New Delhi, Jan 22 : Zee Entertainment’s (Zee) proposed merger with Sony after required regulatory and shareholder approvals has been called off. With the merger terminated, Zee’s valuation will likely...

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Zensar Technologies Posts 110% Jump In Net Profit For Oct-dec Quarter

Mumbai, Jan 22 : Zensar Technologies reported a 110 per cent increase in net profit to Rs 161 crore for the Oct-Dec quarter of the current financial year compared to...

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Ai Launches Maiden Flight With Airbus A350-900 From Mumbai To Chennai (ld)

Mumbai, Jan 22 : Air India operated its maiden flight with the most advanced and the country’s first Airbus A350-900 with the carriers’ new livery on the Mumbai-Chennai sector, here...

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Interglobe Enterprises Appoints Aditya Pande As Group Chief Executive Officer

New Delhi, Jan 22 : InterGlobe Enterprises on Monday announced the appointment of Aditya Pande as its Group Chief Executive Officer, with effect from March 1, 2024. “With the exception...

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Ram Mandir In Ayodhya To Attract 5 Crore Tourists Every Year: Jeffries Report

New Delhi, Jan 22 : Ram Mandir in Ayodhya is expected to have a big economic impact in the region as tourism is projected to surge to 5 crore visitors...

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Worst Start To A Year For Chinese Stocks Since 2016

London, Jan 22 : China’s stock market had a rough 2023 and the rout has accelerated in the first few weeks of the New Year, after Beijing dashed hopes that...

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Coforge’s Net Profit Up Over 31% In Q3 Fy24, Revenue At Rs 2,323 Cr

New Delhi, Jan 22 : Digital services and solutions provider Coforge on Monday registered a 31.5 per cent growth in consolidated net profit in the third quarter (Q3) of FY24....

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Coal Import By Power Plants Declines 40.66% In April-dec As Local Production Rises

New Delhi, Jan 22 : The country’s power generation based on domestic coal increased by 7.14 per cent to 872 billion units during April-December of the current financial year, compared...

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Udaan Group Cfo Quits Amid Senior-level Rejig

New Delhi, Jan 22 : Homegrown B2B e-commerce platform Udaan has seen another top-level exit as its Group Chief Financial Officer (CFO) Aditya Pande who has decided to pursue opportunities...

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77% Of Gen Z Students In India Willing To Join Tech Industry: Report

New Delhi, Jan 22 : A whopping 77 per cent of Gen Z students have shown interest in working in the technology industry in India, according to a report on...

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Govt’s Faster Testing For Electronics To Reduce Device Launch Time By Half: Icea

New Delhi, Jan 22 : The government’s faster electronics testing decision will allow original equipment manufacturers (OEMs) to choose the most suitable testing method for their products, thereby expediting the...

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India’s First Airbus A350 Takes Wings With Passengers From B’luru To Mumbai

Bengaluru, Jan 22 : Air India on Monday launched its maiden scheduled commercial flight with the country’s first Airbus A350-900 — also the first aircraft in the new bold Air...

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Collapsed Crypto Firm Terraform Labs Files For Bankruptcy

San Francisco, Jan 22 : Singapore-based crypto blockchain company Terraform Labs has filed for bankruptcy in the US following the collapse of its cryptocurrencies in 2022. The company’s digital assets...

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Tamilnad Mercantile Bank Logs Rs 284 Crore Pat For Q3

Chennai, Jan 22 : Tamilnad Mercantile Bank (TMB) closed the third quarter of FY24 with a higher net profit of Rs 284.23 crore. In a regulatory filing on Monday, TMB...

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Samsung Registers Record 2.5 Lakh Pre-bookings Of Galaxy S24 Series In India

New Delhi, Jan 22 : Samsung’s newly-launched flagship Galaxy S24 series has seen a record 250,000 pre-bookings in India in just three days, making it the most successful Galaxy S...

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Morgan Stanley Prefers Japan & India Equities Versus Overall Emerging Markets

New Delhi, Jan 22 : Foreign brokerage, Morgan Stanley said in a report that it continues to prefer Japan and India versus overall emerging markets (EM) and China this year....

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Sony Seeks Termination Fee Of $ 90 Million For Alleged Breach By Zee (ld)

New Delhi, Jan 22 : Sony while terminating the merger agreement with Zee Entertainment is seeking termination fee of USD 90 million on account of alleged breach by ZEEL of...

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Razorpay Introduces 2-minute Instant Refunds On Failed Upi Transactions

New Delhi, Jan 22 : Full-stack fintech platform Razorpay on Monday launched an industry-first ‘instant refunds’ feature on failed unified payments interface i(UPI) transactions in the country. The solution by...

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Itc’s Aashirvaad Svasthi Ghee To Spread ‘aro-ma Of Love’ During Pran Pratishtha At Ram Mandir In Ayodhya

New Delhi, Jan 22 : During the sacred occasion of the Pran Pratishtha ceremony at the Lord Ram Mandir in Ayodhya on the 22nd of this month, Aashirvaad Svasthi, ITC’s...

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Sony Sends Termination Letter To Zee To Call Off Merger

New Delhi, Jan 22 : Sony Group Corp.has officially notified Zee Entertainment Enterprises Ltd.that it plans to call off the merger between its India unit and the media network, ending...

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Second Boeing Aircraft Model To Be Inspected By Us Aviation Agency

London, Jan 22 : Checks are to be carried out on a second Boeing aircraft model in the US following the blowout of an unused door on one of its...

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Higher Capital Gains Tax Possible Post-2024 Elections: Jefferies

New Delhi, Jan 21 : Though an immediate tax hike is not expected, considering elections, some post-election measures such as higher capital gains tax are possible during the year, global...

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Apple Says Using Vision Pro With Some Medical Conditions May Up \'risk Of Injury\'

San Francisco, Jan 21 : Apple has said that using its mixed reality (MR) headset Vision Pro with certain medical conditions might increase the “risk of injury of discomfort”. The...

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Women Who Take Diets Rich In Plant Protein Likely To Stay Healthy As They Age: Study

New Delhi, Jan 21 : Women who consume higher amounts of protein, particularly from plant-based sources, are less likely to develop chronic diseases and more likely to maintain good health...

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After Wednesday Setback, Markets Looking For Triggers

New Delhi, Jan 21 : The week gone by saw markets being super volatile and also a sharp churning being witnessed.They gained initially and then lost sharply.With the backbone of...

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Ayodhya Scales New Economic Peaks Ahead Of Ram Temple Pran Pratishtha

Lucknow, Jan 21 : Even as Ayodhya decks up to witness the historic Pran Pratishtha ceremony of the Ram temple on Monday, the holy town is also witnessing its emergence...

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Ascent Of Up As The Face Of New India

New Delhi, Jan 21 : Uttar Pradesh appears headed for a tipping point, scripting a success story as it recognizes and reaps the opportunities sweeping New India, working on key...

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Tesla Recalls Over 4k Vehicles Due To Software Issue

New Delhi, Jan 21 : Elon Musk-run Tesla has recalled more than 4,000 Model 3 and Model Y vehicles made between 2022 and 2023 in Australia due to a software...

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Regulator Slaps $73k Fine On S.korean Firm Kakao For Unfair Biz Practice

Seoul, Jan 21 : South Korea’s antitrust regulator slapped a 98 million-won ($73,200) fine on Kakao Corp on Sunday for failing to notify users of the terms of unsubscribing from...

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Short-term Trend Of Nifty Remains Choppy

New Delhi, Jan 21 : Nifty ended the extended week with a fall of 1.47 per cent to close at 21,571.80, said Devarsh Vakil, Deputy Head Retail Research, HDFC Securities....

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Parcel Delivery Firm Dpd\'s Ai Chatbot Calls Itself \'useless\', Criticises Company

New Delhi, Jan 21 : Global delivery firm DPD has disabled part of its artificial intelligence (AI) chatbot for online support that swore at a customer, and criticised the delivery...

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