Business

Markets To Have A Tough Time As New Year Unfolds

New Delhi, Dec 31 : The week has come to end and this week becomes special because the calendar year 2023 ends at the stroke of midnight as well.The week...

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Mobile Phone Exports At Rs 75,000 Cr Till Nov, On Way To Cross Rs 1,24,000 Cr In Fy24

New Delhi, Dec 31 : Riding on the local manufacturing growth, mobile phone exports from the country have surpassed $9 billion (more than Rs 75,000 crore) from April to November...

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Investors To Focus On Series Of Economic Data Globally In The Coming Week

New Delhi, Dec 31 : We expect a modest return of 10 to 12 per cent on the main market in CY24, says Vinod Nair, Head of Research at Geojit...

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Over 9k Employees Fired By Video Gaming Firms In 2023

San Francisco, Dec 31 : The video game industry saw several rounds of layoffs in 2023, affecting at least 9,000 employees globally. In September, Fortnite game developer Epic Games announced...

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Electronic Goods Production In India To Hit $115 Bn In Fy24, Mobile Phones At $50 Bn

New Delhi, Dec 31 : The total production of electronic goods in India in FY23-24 is likely to reach $115 billion, buoyed by mobile phones’ local production which is estimated...

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Cybersecurity Sector Was Not Immune From Job Losses In 2023

New Delhi, Dec 31 : As tech layoffs are set to continue unabated in 2024, the cybersecurity industry was not immune from job losses and more than 110 cybersecurity companies...

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Chinese Stocks Were Big Losers Of 2023

London, Dec 30 : While 2023 has been the best year for global stocks since before the pandemic, with markets in the United States, Europe, Japan and India enjoying strong...

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Wall Street Hits Record High In 2023

New York, Dec 30 : Wall Street hit record high after record high in 2023, a year investors had feared would be a washout as elevated interest rates threatened to...

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Wall Street Hit Record High After Record High In 2023

New York, Dec 30 : Wall Street hit record high after record high in 2023, a year investors had feared would be a washout as elevated interest rates threatened to...

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South Delhi Consumer Ordered 9,940 Condoms From Blinkit In 2023

New Delhi, Dec 30 : A South Delhi consumer ordered a whopping 9,940 condoms from Zomato-owned quick delivery platform Blinkit in 2023 who, according to the company, “deserves a standing...

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Tony Nader Inaugurates 134 Nation Assembly Of 10,000 For World Peace

Hyderabad, Dec 29 : With 10,125 representatives from 134 nations in attendance, and with the blessings of His Holiness Shri ShankaraVijayandra Saraswati ShankracharyaSwamigalof Sri KanchiKamakotiPeetham (Sri KanchiMatham,Tamil Nadu), Dr.Tony Nader,...

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How Tesla Can Be Able To Produce A Rs 20 Lakh Ev For Indian Masses

New Delhi, Dec 30 : Elon Musk looks all set to enter the burgeoning Indian electric vehicle (EV) market in the New Year after several years of dilly-dallying, giving the...

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Huge Investments By Fpis In 2023 At Rs 1.71 Lakh Crore

New Delhi, Dec 30 : The year 2023 has witnessed huge investment by FPIs thanks to the sharp uptick in flows in December, says V K Vijayakumar, Chief Investment Strategist...

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Ai To Touch Every Aspect Of Indian Tech Industry In 2024: Top Leaders

New Delhi, Dec 30 : Leading Indian tech industry leaders said on Saturday that the coming year presents an exciting opportunity for purpose-driven organisations to better serve their communities as...

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Snapdeal Logs Rs 388 Cr Revenue In Fy23, Reduces Losses By 45%

New Delhi, Dec 30 : E-commerce platform Snapdeal has registered Rs 388 crore in revenue in FY23, as it significantly reduced losses by 45 per cent to Rs 282 crore...

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Musk\'s X Can\'t Avoid Content Moderation Law: Us Judge

San Francisco, Dec 30 : A judge in the US has ruled that Elon Musk-run X cannot avoid a California law that asks social media platforms to disclose their plans...

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Pilot Phase Of \'upi For Secondary Market\' To Begin From Jan 1: Npci

Mumbai, Dec 29 : The National Payments Corporation of India (NPCI) on Friday announced the launch of “UPI for Secondary Market” from January 1 in its Beta phase for the...

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Rbi Issues Directions On Internal Ombudsman Rules For Banks, Nbfcs

Mumbai, Dec 29 : The Reserve Bank of India (RBI) on Friday released a master direction on the Internal Ombudsman norms for banks and big NBFCs to harmonise the instructions...

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Govt Hikes Interest On Two Small Savings Schemes

New Delhi, Dec 29 : The government has increased interest rates on two small savings schemes for January-March 2024 by 10-20 basis points, making it the sixth consecutive quarterly hike...

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Linkedin Ad Revenue Rises As Advertisers Leave Elon Musk\'s X

San Francisco, Dec 29 : Professional networking platform LinkedIn is raking in ad revenue as Elon Musk-run X continues to lose advertising revenue. According to the research group Insider Intelligence,...

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Wipro Seeks Rs 25.15 Crore Damages From Former Cfo Jatin Dalal For Breaching Non-compete Clause

Bengaluru, Dec 29 : Tech major Wipro has sought Rs 25.15 crore damages from its former Chief Financial Officer (CFO) Jatin Dalal for violating the non-compete clause of his employment...

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Finance Ministry Sees Gdp Growth Comfortably Surpassing 6.5% In 2023-24

New Delhi, Dec 29 : The government expects the Indian economy’s GDP growth rate in 2023-24 to “comfortably” exceed its forecast of 6.5 percent despite the risks to growth and...

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Acc Higher Secondary School In Mp\'s Kymore Celebrates Centenary

Katni (Madhya Pradesh), Dec 29 : The ACC Higher Secondary School in Kymore, Madhya Pradesh, has commemorated its 100th anniversary, marking a century of imparting quality education and shaping the...

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Musk Returns As World\'s Richest Man; Net Worth Of Richest Persons Up $1.5 Trillion (ld)

New Delhi, Dec 29 : Tesla and SpaceX CEO Elon Musk has returned as the world’s richest man, recapturing the title from French luxury tycoon Bernard Arnault. Musk earned an...

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Nifty Ends Last Day Of The Year With Minor Loss

New Delhi, Dec 29 : Domestic equities gave up its five day winning streak and ended the last day of the year on a flat note amid profit booking in...

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Only 18% Of Borrowers Understand Data Privacy Rules In India: Report

New Delhi, Dec 29 : Only 18 per cent of borrowers in India understand the data privacy rules, with the majority of them (88 per cent) having a superficial understanding...

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Musk Returns As World\'s Richest Man; Net Worth Of Richest Persons Up $1.5 Trillion

New Delhi, Dec 29 : Tesla and SpaceX CEO Elon Musk has returned as the world’s richest man, recapturing the title from French luxury tycoon Bernard Arnault. Musk earned an...

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Hydropower Major Sjvn Secures Rs 10,000 Crore Loan For Renewable Projects

Shimla, Dec 29 : Hydropower public sector SJVN has secured Rs 10,000 crore ($1.2 billion) construction finance facility to fund upcoming renewable power projects from domestic and international lenders, its...

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Core Sector Industries Post 7.8% Growth In Nov

New Delhi, Dec 29 : The eight core sector industries, which include coal, steel and electricity, posted a growth of 7.8 per cent in November compared to the same month...

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Fiscal Deficit For April-nov Stands At Rs 9.07 Lakh Crore

New Delhi, Dec 29 : India’s fiscal deficit for the first eight months of the current financial year (April-November) stood at Rs 9.07 lakh crore, or 50.7 per cent of...

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India Cybersecurity Market Reaches $6 Bn, To Have 5% Global Share By 2028

New Delhi, Dec 29 : Cybersecurity market in India reached $6 billion in 2023, growing at a compound annual growth rate (CAGR) of over 30 per cent during 2019-23, a...

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Nifty Ends 2023 Higher By 20%

Mumbai, Dec 29 : Nifty corrected after rising for five sessions on Friday, but closed the week higher by 1.79 per cent. It closed the month higher by 7.9 per...

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Gold Expected To Move Much Higher In 2024

New Delhi, Dec 29 : The price of gold is expected to test levels from $2,060 to $2,090 per ounce, and on any correction if $2035 holds, the prices may...

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Pine Labs Logs Rs 1,588 Cr Revenue In Fy23, Trims Losses By 12.3%

New Delhi, Dec 29 : Leading merchant commerce platform Pine Labs has reached Rs 1,588 crore in revenue in the fiscal year ending March 2023, from Rs 1,017 crore in...

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Nse Chief Cautions Investors On Pitfalls Of High Risk Derivatives

New Delhi, Dec 29 : Ashishkumar Chauhan, MD & CEO, National Stock Exchange (NSE) on Friday asked the investors to avoid the pitfalls of high-risk derivatives or frequent trading in...

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Aamir Khan’s Sea-facing Building To Be Redeveloped By Micl Group

Mumbai, Dec 29 : Man Infraconstruction Ltd will redevelop a building partly owned by Bollywood mega-star Aamir Khan in the posh Pali Hill area of Bandra west, a statement said...

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Physics Wallah\'s Revenue Up 3.4x To Rs 798 Cr In Fy23, Expenses Grow To Rs 777 Cr

New Delhi, Dec 29 : Edtech platform Physics Wallah (PW) on Friday reported a total revenue of Rs 798 crore in FY23, up 3.4 times from the previous financial year....

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Govt Likely To Cut Petrol, Diesel Prices Ahead Of Ls Polls

New Delhi, Dec 29 : The government is likely reduce the petrol and diesel prices ahead of the Lok Sabha polls as crude oil prices have also come down in...

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Cypherock X1 Hardware Wallet Awarded Highest Rating By Coin Bureau

New Delhi, Dec 29 : Cypherock, the pioneering web3 security startup, on Friday announced that its groundbreaking product, the Cypherock X1 hardware wallet, has been awarded an exceptional rating of...

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Tata Motors Stock Doubles In A Year

New Delhi, Dec 29 : Tata Motors stock has doubled in the last one year compared to a little over 19 per cent returns for the Nifty. Tata Motors stock...

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Kotak Mahindra Bank Shares Plunge On Gst Woes

Mumbai, Dec 29 : Shares of Kotak Mahindra Bank plunged on Friday, a day after an order by the GST authorities issued a demand order to the mid-sized bank to...

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Meesho Reduces Losses To Rs 1,675 Cr In Fy23, Revenue Up 77%

New Delhi, Dec 29 : Homegrown social commerce platform Meesho has lowered its losses by 49 per cent to 1,675 crore in FY23 from Rs 3,251 crore in FY22. The...

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We Must Avoid Bubbles Through Policy, Regulation: Uday Kotak

New Delhi, Dec 29 : Founder & Director of Kotak Mahindra Bank Uday Kotak on Friday said that the situation is not comparable at present and we need to keep...

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January Is Normally A Poor Month For Market

New Delhi, Dec 29 : As 2023 draws to a close, the most significant feature of the year’s rally is the sharp outperformance of the broader market, says V K...

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Amazon Begins To Produce Own Hydrogen Fuel To Power Vehicles

San Francisco, Dec 29 : Amazon has announced plans to produce hydrogen fuel at its fulfillment centres and has partnered with hydrogen company Plug Power to install the first electrolyser...

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Japan Plans Regulation To Curb Google, Apple App Stores Dominance

Tokyo, Dec 29 : Japan is reportedly working on a regulation that would require Google and Apple app stores to allow third-party platforms and their billing systems. The new regulation...

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Google Agrees To Settle Chrome Incognito Mode Lawsuit In Us

San Francisco, Dec 29 : Google has agreed to settle a class-action lawsuit in the US over its Chrome browser’s incognito mode. The lawsuit was filed in 2020, alleging that...

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Ayodhya Airport: A New Era In Airport Excellence

Ayodhya (UP), Dec 29 : The Ayodhya Airport, set to be inaugurated by Prime Minister Narendra Modi on Saturday, marks a new era in Airport excellence and cultural identity, propelling...

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Ayodhya\'s \'tent Cities\' Are An Experience In Luxury

Ayodhya (UP), Dec 29 : In anticipation of the rising influx of global tourists ahead of the consecration programme for Lord Ram on January 22, the Ayodhya Development Authority (ADA)...

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Gas Prices To Fall In 2024; Americans Likely To Save $32bn On Fuel: Experts

New York, Dec 28 : Gas prices across the US are projected to fall in the new year in 2024 for the second successive year resulting in a net saving...

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Govt Blocks Urls Of Binance, 8 Other Crypto Firms For Illegal Ops In India

New Delhi, Dec 28 : India’s Financial Intelligence Unit has issued show-cause notices to nine offshore virtual digital asset service providers, including Binance, for operating in the country without complying...

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Sebi Mulls Obligation On Promoters, Directors To Provide Response To Queries On Market Rumours By Listed Entity

New Delhi, Dec 28 : SEBI has floated a consultation to seek comments on a proposal to keep material price movement as the criteria to verify market rumours instead of...

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Sebi Mulls Obligation On Promoters, Directors To Provide Response To Queries Raised In Respect Of Market Rumours By Listed Entity

New Delhi, Dec 28 : SEBI has floated a consultation to seek comments on a proposal to keep material price movement as the criteria to verify market rumours instead of...

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Scheme Of Arrangement Between Tata Consumer, Tata Coffee, Tcpl Beverages To Be Effective Jan 1

New Delhi, Dec 28 : The composite scheme of arrangement amongst Tata Consumer Products Ltd (TCPL), Tata Coffee Ltd (TCL), and TCPL Beverages & Foods Ltd (TBFL) and their respective...

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Rbi Permits Icici-pru Amc And Icici-pru Life To Acquire Up To 9.95% Stake In Rbl Bank

New Delhi, Dec 28 : The Reserve Bank of India (RBI) has given its approval to ICICI Prudential Asset Management Company Limited (I-Pru AMC) and ICICI Prudential Life Insurance Company...

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Brand Tata Must Be Recognisable Across All Companies: Chandrasekaran

New Delhi, Dec 28 : Brand Tata must be recognisable across all companies, Tata Sons Chairman N.Chandrasekaran’s said in a letter to group employees for New Year. Stating that there...

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Cell, Gene Therapy To Rule Pharma Sector In 2024: Report

New Delhi, Dec 28 : Cell and gene therapy (CGT) will have the greatest impact on the pharmaceutical industry in 2024, according to a report on Thursday. The report by...

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Big 5 Tech Giants Like Apple, Microsoft Added $3.9 Tn To Their Stock Value This Year: Report

New Delhi, Dec 28 : The Big Five tech giants Apple, Microsoft, Alphabet, Amazon and Meta collectively added a whopping $3.9 trillion to their stock value in 2023, the highest...

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Bad Loans Of Banks Fall To Multi-year Low Of 0.8%: Rbi Report

Mumbai, Dec 27 : The net non-performing assets ratio of banks declined to a multi-year low of 0.8 per cent in September 2023, reflecting the strength of the country’s financial...

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Fb, Insta, Youtube & Others Collectively Made $11 Bn In Ad Revenue From Youth: Study

San Francisco, Dec 28 : Social media giants like Facebook, Instagram, Snapchat, TikTok, X (formerly Twitter), and YouTube collectively made nearly $11 billion in advertising revenue from US-based users younger...

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Rbi Ups Weight Of Sbi, Hdfc Bank In Too-big-to-fail List

Mumbai, Dec 28 : The Reserve Bank of India has upgraded the weightage of SBI and HDFC Bank on its list of three Domestic Systemically Important Banks (D-SIBs) for 2023...

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9 Out Of Top 15 Stocks Traded On Nse Belong To Psu Category

Mumbai, Dec 28 : Nifty ended on a record high for the fifth consecutive session on Thursday. At close, Nifty was up 0.57 per cent or 123.9 points at 21,778.7.Cash...

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India’s Economy Is On Stable High Growth Path Backed By Stronger Banks: Rbi

Mumbai, Dec 28 : Amidst a challenging global macroeconomic environment, the Indian economy is exhibiting “a quickening growth momentum,” with resilience and financial stability, according to the RBI’s Financial Stability...

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Future Of Reliance Belongs To Akash, Isha, Anant And Their Generation: Mukesh Ambani

New Delhi, Dec 28 : Mukesh Ambani, Chairman and Managing Director at Reliance Industries, has said the future of Reliance belongs to Akash, Isha, Anant and their generation. “I have...

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Oil & Gas Stocks Shine As Markets Hit Fresh Highs

Mumbai, Dec 28 : The benchmark index maintained its optimism and hit fresh highs owing to ease in Red Sea issue and reversal of FII inflows, Vinod Nair, Head of...

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Global Pc Industry Sales To Drop To $219.2 Bn In 2024, Third Year Of Decline

New Delhi, Dec 28 : Facing a third year of decline, the global PC industry outlook for 2024 does not look optimistic and its revenue is expected to drop by...

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Ahmedabad Tops List For Affordable Homes, Pune & Kolkata Tie At 2nd Spot

Mumbai Dec 28 : Ahmedabad, Pune and Kolkata are the country’s most affordable cities for home buyers while Mumbai continues to be the most expensive followed by Hyderabad, according to...

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Xiaomi Forays Into Automotive Sector, Unveils Its 1st Ev

New Delhi, Dec 28 : Global technology brand Xiaomi on Thursday announced its entry into the automotive industry by unveiling its long-awaited first electric vehicle. The company launched two EVs...

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Iil Begins Work On Animal Vaccine Manufacturing Unit In Hyderabad

Hyderabad, Dec 28 : Leading biotechnology company Indian Immunologicals Limited (IIL) has started construction of its new greenfield veterinary vaccine facility at Genome Valley in Hyderabad. This facility will manufacture...

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Very Little Value In Most Parts Of Market After Recent Run-up In Mega-cap Names, Says Brokerage

New Delhi, Dec 28 : There is very little value in the market across the capitalisation spectrum after the recent run-up in the mega-cap.names, the last bastion of value in...

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Tesla May Set Up Ev Plant In Gujarat, Musk Likely To Visit India Next Month

New Delhi, Dec 28 : Elon Musk’s Tesla may finally end its dry run in India and announce to set up an Electric Vehicle (EV) supply system manufacturing plant in...

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Sterlite Power Acquires Neemrana Ii Kotputli Transmission From Pfc

New Delhi, Dec 28 : Sterlite Power announced the acquisition of Neemrana II Kotputli Transmission Limited, a Special Purpose Vehicle (SPV) from PFC Consulting Limited (PFCCL). PFCCL is a wholly...

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Nbfc’s Vehicle Loan Aum To Vroom To Rs 8.1 Lakh Cr By 2025

Chennai, Dec 22 : Credit rating agency CRISIL Ratings Ltd on Thursday said the vehicle financing assets under management (AUM) of non-banking finance companies (NBFC) would rise to Rs 8,10,000...

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Ipo-bound Firstcry Files Drhp, Aims To Raise Rs 1,816 Cr

New Delhi, Dec 28 : Mother and child care e-commerce platform FirstCry on Thursday filed its draft red herring prospectus (DRHP) with the market regulator SEBI, seeking to raise Rs...

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Oil And Gas Stocks Gain Led By Hpcl

New Delhi, Dec 28 : Oil and gas stocks are up in trade on Thursday led by HPCL which gained more than 6 per cent. BSE Oil and Gas index...

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Hudco Up 18% After Investment Mou With Gujarat Govt

New Delhi, Dec 28 : Shares of HUDCO are up more than 18 per cent in trade on Thursday after the PSU company signed an MoU with Gujarat government for...

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India\'s Coal Output Rises 12.3% To 664.37 Mn Tonnes In Fy 2023-24

New Delhi, Dec 28 : The country’s coal production has shot up to 664.37 million tonnes (MT) during the current financial year (April 2023 to December 25) which is robust...

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Oil Prices Stabilise As Red Sea Transport Disruptions Ease

New Delhi, Dec 28 : Oil prices steadied after falling sharply in the previous session, as concerns eased about shipping disruptions along the Red Sea route even as tensions in...

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Periscope Lens Setting New Trends In Flagship-level Smartphones

New Delhi, Dec 28 : Over the years, smartphone cameras have undergone a remarkable evolution.What started as simple devices for capturing basic images have now transformed into sophisticated systems capable...

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Market’s Volatility Index Surges

New Delhi, Dec 28 : VIX is now much above when Nifty plunged to sub 19000 levels in late October, warning that the volatility expectations are significantly higher now said...

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Zomato Stock Down After Rs 400 Cr Show-cause Notice For Gst Dues

New Delhi, Dec 28 : Zomato shares were trading more than 4 per cent down on Thursday morning after it received Rs 400 crore show-cause notice from the goods and...

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Htech Geared Up To Expand Honor Ecosystem Of Products In India In 2024

New Delhi, Dec 28 : HTech is all set to expand HONOR’s portfolio in the country and include various Artificial Intelligence of Things (AIoT) products to build a comprehensive suite...

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Apple Resumes Watch Series 9, Ultra 2 Sales After Us Ban Halted

San Francisco, Dec 28 : Apple has resumed the sale of Watch Series 9 and Ultra 2 at some of its retail stores in the US, after an appeals court...

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Cci Clears Indusind International Holdings\' Acquisition Of Controlling Stake In Reliance Capital

New Delhi, Dec 27 : The Competition Commission of India (CCI) has approved acquisition of control/stake in Reliance Capital Ltd by IndusInd International Holdings Ltd, IIHL BFSI (India) Ltd, and...

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Infosys Accuses Cognizant Of Unethical Poaching

Bengaluru, Dec 27 : Bengaluru-based tech giant Infosys has accused major rival tech company Cognizant of unethical poaching tactics and also sent an official letter in this regard, sources said...

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Dgca Mandates Qr Code On Investigation Reports For Medical Examination Of Licence Holders

New Delhi, Dec 27 : The Directorate General of Civil Aviation (DGCA) has issued an order aimed at enhancing the integrity of investigation reports submitted for medical examination of licence...

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912 Cr Merchant Transactions On Paytm In Q2fy24; Delhi Makes Most Payments From 12-6 A.m.

New Delhi, Dec 27 : One97 Communications Limited (OCL), which owns Paytm, said on Wednesday that a whopping 912 crore merchant payments were made using the leading financial and payments...

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Credit To Retail, Services Drives Double Digit Growth In Banks: Rbi Report

Mumbai, Dec 27 : The consolidated balance sheet of scheduled commercial banks (SCBs) in 2022-23 expanded by 12.2 per cent, driven by credit to retail and services sectors while deposit...

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Rbi Approves C.s. Rajan As Part-time Chairman Of Kotak Mahindra Bank

Mumbai, Dec 27 : Kotak Mahindra Bank said on Wednesday that the RBI has approved the appointment of C.S.Rajan, Independent Director of the bank, as the Part-time Chairman, for a...

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Govt Hikes Msp For Copra

New Delhi, Dec 27 : The government has hiked the minimum support price (MSP) of milling copra by Rs 300 per quintal and ball copra by Rs 250 per quintal...

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Indians Travel 64 Mn Kms In Uber Evs In 2023, Saturdays Most Popular

New Delhi, Dec 27 : Indians travelled 64 million kms in Uber EVs through the year, spending a total of 3.9 million hours and helping build a greener future, the...

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Ccea Okays Rs 2,487cr Highway Project For Tripura

New Delhi, Dec 27 : The Cabinet Committee on Economic Affairs (CCEA), chaired by Prime Minister Narendra Modi, has given its approval for a Rs 2,486.78 crore project to widen...

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Indian Travel 64 Mn Kms In Uber Evs In 2023, Saturdays Most Popular

New Delhi, Dec 27 : Indians travelled 64 million kms in Uber EVs through the year, spending a total of 3.9 million hours and helping build a greener future, the...

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59% Of Indian Employees Say Ready To Embrace Ai: Report

New Delhi, Dec 27 : Around 59 per cent of employees in India are confident in their ability to adapt and utilise artificial intelligence (AI) tools, indicating that there is...

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Nifty, Sensex Soar To Record Highs As Global Markets Rally

Mumbai, Dec 27 : The benchmark indices soared to record highs on Wednesday with the Sensex up almost 1 per cent, or 701 points, at 72,038.43, and Nifty hitting a...

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Bulls Back With A Bang, Sensex Tops 72k-mark For First Time

Mumbai, Dec 27 : With a massive rally of 701 points, Sensex soared to new highs by crossing the 72,000 points mark for the first time on Wednesday. At close...

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Centre Directs Social Media Subsidiaries To Ban Ads Of Illegal Betting, Loan Apps

New Delhi, Dec 27 : The Centre on Wednesday said that it has directed social media subsidiaries and online platforms to actively prohibit and remove illegal loan and betting apps...

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Pe, Vc Investments In Domestic Companies Drop To $27.9 Bn In 2023

New Delhi, Dec 27 : Investments by private equity (PE) and venture capital (VC) funds to homegrown companies declined to $27.9 billion across 697 transactions this year (as of December...

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Four Directors Of Dish Tv Vacate As Appointment Not Approved By Shareholders

New Delhi, Dec 27 : Dish TV announced last week that on the basis of the votes cast by the shareholders of the company at their Extra Ordinary General Meeting...

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Reschedule Or Cancel Tickets At No Extra Cost, Says Air India Amid Dense Fog & Poor Visibility

New Delhi, Dec 27 : Tata owned Air India on Wednesday announced that passengers flying to and from Delhi airport during the winter season will be allowed to reschedule or...

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Ipo-bound Firstcry’s Losses Surge To Rs 486 Cr In Fy23, Revenue At Rs 5,632 Cr

New Delhi, Dec 27 : Mother and child care e-commerce platform FirstCry, likely to file a draft paper for its IPO soon, reported Rs 5,632 crore revenue from operations in...

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Sbi Hikes Interest Rates On Fds

New Delhi, Dec 27 : The State Bank of India (SBI) has raised interest rates on certain fixed deposits (FDs) by up to 0.5 per cent with immediate effect. The...

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Wipro Files Law Suit Against Ex-cfo In B’luru Court, Jatin Dalal Seeks Arbitration

Bengaluru, Dec 27 : The Bengaluru-based corporate giant Wipro has filed a lawsuit against its former Chief Finance Officer (CFO), Jatin Dalal, in the Bengaluru Civil Court.In turn, Dalal, presently...

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Hiring In Indian It Sector Likely To See Turnaround With 8-10% Growth In 2024

New Delhi, Dec 27 : The Indian IT sector, which has seen contraction in hiring amid global economic slowdown and funding winter, is likely to witness a positive turnaround with...

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Hindalco Leads Rally In Metal Stocks

New Delhi, Dec 27 : Metal stocks are up in trade on Wednesday led by Hindalco which gained more than 3 per cent. BSE Metal index is the top gainer...

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Coromandel Says Normalcy Restored After Ammonia Leak At Chennai Plant

New Delhi, Dec 27 : Coromandel International said on Wednesday that normalcy has been restored at its Ennore Plant in Chennai after reports of an ammonia gas leak. “As part...

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Rbi Comes Out With Draft To Simplify Licensing Norms For Money Changers

Mumbai, Dec 27 : The Reserve Bank of India (RBI) has come out with a set of new draft norms aimed to simplify and rationalise the authorisation of money changers...

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Adani Green Completes Jv With Totalenergies, Raises Usd 300 Mn

New Delhi, Dec 27 : Adani Green Energy Limited (AGEL) on Wednesday announced the completion of the 1,050 MW joint venture (JV) with TotalEnergies. As part of the JV, TotalEnergies...

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Tesla Now A Key Player In S Korea Amid Strong Demand For German Cars

Seoul, Dec 27 : Elon Musk-run electric carmaker Tesla has emerged as a major player in South Korea’s imported passenger vehicle market this year, with BMW, Mercedes-Benz and Audi set...

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Ex-japan Pm Yukio Hatoyama Commends Global Efforts For World Peace At Historic Hyderabad Assembly

New Delhi, Dec 27 : In a historic and visionary message addressed to Dr Tony Nader, esteemed Chairman of the Global Union of Scientists for Peace, Dr Yukio Hatoyama, former...

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Correction In Broader Markets Inevitable, Say Analysts

New Delhi, Dec 27 : The resilience of the market even in the holiday season, which is normally devoid of much action, is an indication of its underlying bullishness, says...

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Amazon Prime Video To Stream Ads During Movies, Tv Shows From Jan 29

San Francisco, Dec 27 : Amazon Prime Video will show advertisements during movies and TV shows from January 29, as it aims to expand its ad business and increase revenue...

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Hackers Stole Nearly $2 Bn In Cryptocurrencies In 2023

New Delhi, Dec 27 : Hackers stole around $2 billion in cryptocurrencies in 2023, a substantial decrease from an all-time record of around $3.8 billion in 2022. Among the major...

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Apple Appeals Ban On Watch Series 9, Ultra 2 In Us

San Francisco, Dec 26 : Apple on Tuesday filed an appeal to the International Trade Commission’s (ITC) decision to ban sales of Watch Series 9 and Watch Ultra 2 models...

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Axis Bank Files Insolvency Petition Against Zee Learn

New Delhi, Dec 26 : Zee Learn said on Tuesday that a petition under Section 7 of the Insolvency and Bankruptcy Code, 2016 has been filed by Axis Bank Ltd...

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Carmaker Daihatsu Shuts Production Over Safety Tests Scandal

London, Dec 26 : Toyota-owned carmaker Daihatsu has closed all four of its plants until the end of January, after admitting it had falsified safety tests, a media report said....

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India’s Current Account Deficit Narrows To $8.3 Bn In July-sept Quarter

Mumbai, Dec 26 : India’s current account deficit narrowed in the July-September quarter of the current financial year due to a lower merchandise trade deficit and an increase in services...

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Adani Group Infusing Rs 9,350 Crore Into Adani Green Energy

Mumbai, Dec 26 : Adani Green Energy announced on Tuesday that the promoters of the company will infuse Rs 9,350 crore into it through preferential issuance of warrants at a...

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Code.org Sues Byju’s Subsidiary Whitehat Jr In Us Over Payment Dues: Report

San Francisco, Dec 26 : US educational non-profit organisation Code.org has reportedly sued Byju’s subsidiary Whitehat Jr in the US over failing to pay its dues. In the lawsuit filed...

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Notorious Ransomware Groups Now Targeting Companies With Remote Encryption

New Delhi, Dec 26 : Some of the most active ransomware groups are deliberately switching on remote encryption for their cyber attacks, infiltrating deeper into companies and crippling their operations,...

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India Inc To Seek 3.9 Mn Jobs In First Half Of 2024: Report

Bengaluru, Dec 26 : Demand for frontline workers continues to remain strong in India at 3.9 mn jobs in H1FY24 despite ongoing macroeconomic headwinds, according to a report on Tuesday....

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Tata Motors Wins Up Govt Order To Supply 1,350 Buses

Mumbai, Dec 26 : Tata Motors — India’s largest commercial vehicle manufacturer — announced on Tuesday that it has secured an order from the Uttar Pradesh State Road Transport Corporation...

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Indigo To Start Mumbai-ayodhya Flight From Jan 15

New Delhi, Dec 26 : IndiGo on Tuesday announced direct connectivity between Mumbai and Ayodhya, effective January 15. An airline official said that these daily flights will provide travellers direct...

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Large Indian Firms 2.3x More Likely Than Startups To Have Responsible Ai Practices

New Delhi, Dec 26 : Large enterprises (with annual revenue of more than Rs 250 crore) are 2.3 times more likely than startups and 1.5 times more likely than small...

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Acs, Panel Tvs Witness Rise In Volumes, Phone Volume Sales Down 2%: Report

New Delhi, Dec 26 : The year saw stupendous growth in the consumer durables sector in India, with a 9 per cent surge in value for smartphones and a marginal...

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Mini Ratna Tcil Pays Dividend To Centre

New Delhi, Dec 26 : Mini Ratna public sector company Telecommunications Consultants India Ltd (TCIL) has paid a dividend of Rs 14.20 crore to the central government for the financial...

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Pli Schemes Have Brought In Rs 95,000 Cr Investments: Centre

New Delhi, Dec 26 : The central government’s production linked incentive (PLI) schemes has led to investments of over Rs 95,000 crore till September, resulting in the production of goods...

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From Mirrorless Lens To Ai Video Analytics: Decoding The Growth Of India’s Imaging Industry

New Delhi, Dec 26 : The imaging industry has revolutionized the way the world around us is captured and documented.Visual storytelling has never been more convenient owing to developments in...

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Fdi Flows Jump To 21-month High In Oct

Mumbai, Dec 26 : The net Foreign Direct Investment (FDI) flowing into India reached a 21-month high in October reflecting the strengthening fundamentals of the economy, according to data compiled...

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Psu Stock Indices Outperform In Trade

New Delhi, Dec 26 : PSU stocks are the top gainers in trade on Tuesday notching up gains of up to 11 per cent. BSE CPSE index is the best...

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Bharatpe Logs 182% Growth In Revenue In Fy23, Ebitda Loss Cut By Rs 158 Cr

New Delhi, Dec 26 : Fintech major BharatPe on Tuesday said it has recorded 182 per cent growth in revenue in FY23 while EBITDA loss reduced by Rs 158 crore....

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Over 4.25 Lakh Tech Employees Lose Jobs In Last 2 Yrs, 24 Workers Per Hour (lead)

New Delhi, Dec 26 : As generative AI threatens millions of jobs, tech companies globally are now sacking employees even in the holiday season (they had spared workers in 2021...

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Over 4.25 Lakh Tech Employees Lose Jobs, Layoffs Continue During Holidays

New Delhi, Dec 26 : As generative AI threatens millions of jobs, tech companies globally are now sacking employees even in the holiday season (they had spared workers in 2021...

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Scope Launches $45 Mn Vc Fund For Fintech, Gaming Startups

New Delhi, Dec 26 : SCOPE, the invite-only startup networking platform, on Tuesday launched a venture capital fund worth $45 million, focused on fintech and gaming sectors. SCOPE’s VC arm...

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Itel Forays Into Open-earbuds Category, Launches Roar 75 With Titanium Body For Gen-z At Rs 1,099

New Delhi, Dec 26 : itel Mobile India has announced its entry into the open-earbuds category by launching ‘ROAR 75’ with Titanium Body at Rs 1,099. The unveiling of itel...

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Bulls Are Likely To Wait For The New Year For Further Action

New Delhi, Dec 26 : The global rally in December led by the US market has lifted most markets significantly, and India was fortunate to have the lift from the...

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Softbank Likely Sells $310 Mn Worth Shares In Ipo-bound Firstcry

New Delhi, Dec 26 : Japanese investment giant SoftBank has likely sold its stock worth $310 million in a second round sale in mother and child care e-commerce platform FirstCry,...

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Apple\'s Smart Watch Series 9 & Ultra 2 To Go Off Shelves Unless Biden Intervenes

New York, Dec 25 : Apple’s latest series of smart watches in Series 9 and Series Ultra 2 watches may have to go off the shelves of retailers and Apple...

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71% Of Enterprises Experimenting With Real Use Cases For Genai

New Delhi, Dec 25 : About 71 per cent of enterprises globally are experimenting with real use cases for generative AI and over the next decade, generative AI will be...

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\'shadow It\' Use By Employees Put More Indian Firms At Cyber Attack Risk

New Delhi, Dec 25 : About 89 per cent of companies in India suffered cyber incidents in the last two years, and 20 per cent of these were caused by...

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Shrimp Farms In Andhra District Raking In Rs 10,000 Cr A Year Through Exports

New Delhi, Dec 25 : Shrimp farms in Andhra Pradesh’s Srikakulam district are using modern methods to produce about 40,000 tonnes of shrimp annually for exports, which fetch them around...

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Biryani Is The Most-ordered Dish On Zomato In 2023: Report

New Delhi, Dec 25 : Zomato users ordered biryani the most in 2023, the online food platform said on Monday. According to Zomato’s annual report on ordering trends, over 10.09...

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Bose Invests $10 Mn In Noise, Takes Indian Brand’s Valuation Past $400 Mn

New Delhi, Dec 25 : Bose, a global pioneer in consumer electronics and audio, has invested $10 million in homegrown consumer electronics brand Noise, taking its valuation to nearly $426...

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Govt Launches Scheme To Boost Medtech Startups

New Delhi, Dec 25 : The government launched the MedTech Mitra platform on Monday as part of a strategic initiative to empower India’s MedTech innovators and reduce the country’s dependence...

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Adani Green Energy Ltd Completes Ppa With Seci For 8000-mw Solar Power

Mumbai, Dec 25 : The Adani Green Energy Ltd (AGEL) has executed a power purchase agreement (PPA) with the Solar Energy Corporation of India (SECI) 1,799-MW solar power for a...

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Incred Raises $60 Mn, Becomes India’s 2nd Unicorn Of 2023

New Delhi, Dec 25 : Ending the drought, fintech lender InCred has become India’s second unicorn this year after raising $60 million from new and existing investors, the media reported...

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Paytm Lays Off Employees As It Implements Ai-powered Automation

New Delhi, Dec 25 : Fintech leader Paytm has laid off several hundred employees from its operations, sales and engineering team, according to reports. A company spokesperson did not divulge...

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Govt Throws Open E-jagriti Portal, Video Access To Ncdrc To Give Consumers More Clout

New Delhi, Dec 25 : The government has thrown open the e-Jagriti portal and video conferencing (VC) facility for the National Consumer Dispute Redressal Commission and state consumer commissions as...

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Us Clean Tech Unicorn Palmetto Lays Off Employees In Multiple Job Cuts

San Francisco, Dec 25 : US-based clean-tech unicorn Palmetto has reportedly done multiple rounds of layoffs amid the market slowdown. Some of the jobs eliminated include operations strategy managers, coordinators...

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Bitcoin Miners See Transaction Revenue Grow A Massive 400% In 2023

New Delhi, Dec 25 : The revenue collected by Bitcoin miners as transaction fees averaged about $2 million per day in 2023, registering a whopping 400 per cent increase year-on-year....

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Patent Dispute: Apple Watch Series 9, Ultra 2 Unavailable At Its Retail Stores In Us

San Francisco, Dec 25 : Apple has halted sale of its Watch Series 9 and Ultra 2 sales at its retail stores in the US and when Apple Stores reopen...

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Consumer Sentiment Rises In The Us As The Year Ends With Inflation Falling Quicker Than Expected

Washington, Dec 25 : Consumer sentiment has risen in the US with increased spending by them during the festive season of Xmas and eve of New Year as the fall...

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Liquor Consumption Hits New High In Gurugram: Excise Officials

Gurugram, Dec 24 : Sales of liquor have seen a major spike in Gurugram’s east and west zones with the district recording consumption of Rs 1,518 crore over the past...

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China’s Pc Market To See 18% Decline In 2023, Tablets To Grow

Hong Kong, Dec 24 : China’s PC (desktops, notebooks and workstations) market is likely to see a decline of 18 per cent in 2023 and a modest 4 per cent...

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Exports Of Eco-friendly Cars Jump 33% To Record High In S.korea

Seoul, Dec 24 : South Korea’s exports of eco-friendly vehicles surged 32.5 percent on-year to a record high during the first 11 months of this year on solid global demand...

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Indian Student Stranded In Us After Lyft Driver Flees With Luggage, Ceo Reacts

New Delhi, Dec 24 : An Indian woman was left stranded in Boston, US, after a Lyft driver took her luggage and other belongings during a trip to the airport....

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Gm Stops Selling Chevy Blazer Ev After ‘software Quality Issues’

San Francisco, Dec 24 : Leading automaker GM has paused sales of its new Chevy Blazer EV after reports of software issues, and is working on to roll out a...

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Climate Change Casts A Shadow On Agriculture; Growth Rate Dips To Worryingly Low

New Delhi, Dec 24 : Climate change has emerged as a formidable challenge to sustainable agriculture as an erratic monsoon this year hit India’s farm output triggering a rise in...

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Surat\'s Dumas Sea Face Development Project To Commence Tomorrow

Surat, Dec 23 : The Dumas Sea Face Development Project in Surat is set to kick off on December 24.The foundation stone for Package-1, located within Zone-1 of the Urban...

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Global Chip Market To Recover In 2024 With 20% Annual Growth

New Delhi, Dec 23 : The global semiconductor sales market will recover in 2024 with an annual growth rate of 20 per cent, according to a new report. With the...

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Polycab India Says I-t Dept Initiated Searches At Its Premises, Plants

New Delhi, Dec 23 : Polycab India has said that the Income Tax Department has initiated a search at some of the premises and plants related to the company. “Pursuant...

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Freight Rates From Asia Spike 53% In A Month Amid Red Sea Attacks

New Delhi, Dec 23 : Freight rates from Asia have spiked 53 per cent in a month depending on the route plus container shipping giants and oil supermajor British Petroleum...

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Vedanta Gets Gst Notice To Pay Up Rs 84.7 Crore

Mumbai, Dec 23 : Anil Agarwal-led Vedanta on Saturday said its subsidiary Bharat Aluminium Company Limited (BALCO) has been served a notice to pay up Rs 84.7 crore crore as...

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Four Cos. To Build Bmc’s Rs 18k Cr Dahisar-versova Coastal Road Project

Mumbai, Dec 23 : The BrihanMumbai Municipal Corporation (BMC) has finalised four major infra firms to construct the northern Dahisar-Versova section of the upcoming Mumbai Coastal Road Project (MCRP) set...

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Air India Receives India’s First Airbus A350 Aircraft

New Delhi, Dec 23 : The first ever Airbus A 350-900 aircraft, under the Air India flag, landed at Indira Gandhi International (IGI) airport on Saturday. The aircraft has been...

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Undisclosed Global Client Terminates $1.5bn Ai Deal With Infosys

New Delhi, Dec 23 : IT major Infosys on Saturday announced that a global client has decided to terminate the Memorandum of Understanding (MoU) for a $1.5 billion deal focused...

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Coal Imports Plunge 44% In Current Financial Year

New Delhi, Dec 23 : India’s coal imports for blending have decreased substantially by 44.28 per cent to 15.16 million tonnes during April- Nov, 2023 of the current financial year...

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Limited Upside Potential For Nifty In Next 12 Months Due To Rich Valuations

New Delhi, Dec 23 : The Nifty 50 index is now trading at 23x FY24 and 20x FY25 consensus EPS, indicating limited upside potential in the next 12 months, says...

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Fpis Big Buyers In Financial Services

New Delhi, Dec 23 : FPI inflows, which were negative in the previous three months, have sharply turned positive in December, says V.K.Vijayakumar, Chief Investment Strategist at Geojit Financial Services....

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Solar Pv Module Manufacturing Projects Of 48.3 Gw Capacity Okayed Under Centre’s Pli Scheme

New Delhi, Dec 23 : The central government has given the go-ahead to big GW scale projects for setting up around 48.3 GW of integrated high efficiency Solar PV module...

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India May See 1 Cr Ev Sales Per Year By 2030, Says Govt

New Delhi, Dec 23 : The country may see 1 crore electric vehicle (EV) sales annually by 2030, generating nearly 5 crore jobs, Minister of Road Transport and Highways, Nitin...

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Hyundai Motor Group Startup To Showcase Ai Mobility Software At Ces

Seoul, Dec 23 : 42dot, Hyundai Motor Group’s global software research startup, plans to showcase its vision of software-defined vehicles (SDV) and related technologies at next month’s CES 2024, the...

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Diis Invested $ 20.2 Bn In 2023

New Delhi, Dec 23 : While DII flows have been robust for the past few years, rising global interest rates have kept FPI flows under check, as per Quantum Mutual...

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Apple Seeks $50 Mn Deals With News Publishers To Train Its Genai Models: Report

San Francisco, Dec 23 : Apple is in touch with some top news publishers to use their articles to help train its generative AI systems, the media reported. The tech...

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$46bn Wiped Off Tencent\'s Market Cap After China\'s Draft Rule To Curb Gaming

Hong Kong, Dec 23 : China has released a new draft regulation to curb video gaming, leading to a massive plunge in shares of China’s biggest gaming companies. As Beijing...

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Tata Steel Shareholders Meeting On Jan 25 To Consider Scheme Of Amalgamation Of Indian Steel And Wire Products

New Delhi, Dec 22 : A meeting of the equity shareholders of Tata Steel Limited is scheduled to be held on January 25 to consider and approve the Scheme of...

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Tata Steel To Consider Scheme For Merger Of Indian Steel & Wire Products, Calls Shareholders Meeting On Jan 25

New Delhi, Dec 22 : A meeting of the equity shareholders of Tata Steel Limited is scheduled to be held on January 25 to consider and approve the ‘Scheme of...

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Govt Extends Customs Duty Exemption On Masoor Dal Till March 2025

New Delhi, Dec 22 : The government on Friday extended the Customs duty exemption on masoor dal by a year to March 2025 in order to keep food inflation in...

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Ola Electric Files Drhp With Sebi, Aims To Raise Rs 5,500 Via Ipo: Report

New Delhi, Dec 22 : Homegrown electric two-wheeler manufacturer Ola Electric has filed its draft red herring prospectus (DRHP) with capital markets regulator Securities and Exchange Board of India (SEBI),...

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Sharechat May Raise Up To $65 Mn At $2.7 Bn Valuation: Report

New Delhi, Dec 22 : Social media platform ShareChat is reportedly set to raise up to $65 million from existing investors. According to MoneyControl, the company is set to raise...

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Sebi Seeks To Introduce Optional T+0 , Instant Settlement Of Trades

New Delhi, Dec 22 : SEBI has solicited comments and inputs from stakeholders on introduction of the facility for clearing and settlement of funds and securities on T+0 and instant...

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World Bank Chief Launches Ppp E-course For Beginners

New Delhi, Dec 22 : World Bank President Ajay Banga on Friday launched the Public-Private Partnership (PPP) Beginner’s e-Course in a significant step towards fostering collaboration between the public and...

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Uk At Risk Of Recession After Revised Figures Show Economy Shrank During July-sept

London, Dec 22 : Fears that the UK has fallen into recession have been heightened after official figures were revised to show that the economy shrank slightly in the July...

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Centre Secures $100 Mn Adb Loan To Boost Urban Facilities, Tourism In Tripura

New Delhi, Dec 22 : The Government of India has signed an agreement with the Asian Development Bank (ADB) to avail a $100 million loan to improve urban services and...

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Mpc Keeping Close Watch On Inflation

Mumbai, Dec 22 : The country’s Monetary Policy Committee (MPC) has underlined the need to keep a close watch on the upside risk to inflation emanating from uncertainty over food...

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Nifty Ends Lower After Seven-week Rally

New Delhi, Dec 22 : Despite ending higher on the second consecutive day on Friday, Nifty ended this week lower after a seven-week rally Deepak Jasani, Head Retail Research, HDFC...

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India\'s Forex Reserves Soar To 20-month High Of $615.97 Billion

Mumbai, Dec 22 : India’s foreign exchange reserves increased for the fifth week in a row to scale a 20-month high of $615.97 billion as of December 15, a data...

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Govt Cracks Whip On Public Sector Banks Over Big Insolvency Cases

New Delhi, Dec 22 : The Finance Ministry has directed the managing directors of public sector banks to review the top 20 insolvency cases every month, financial services secretary Vivek...

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With Rising Population And Soaring Temperature, Industry Invests In R&d Practices In Agriculture

New Delhi, Dec 22 : The Agriculture landscape is evolving at a rapid rate to cater to the diversifying needs of farmers and consumers worldwide. The driving force behind this...

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Psu Bank Index Lost The Most By Shedding Over 3% This Week

Mumbai, Dec 22 : In the last week, the benchmark indices witnessed volatile activity, and after a roller-coaster moment the Nifty ended 0.55 per cent lower while the Sensex shed...

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Nifty Pharma Index At 52-week High

Mumbai, Dec 22 : Nifty closed on a positive note on Friday, while most of the sectors closed in the green. At close on Friday, Nifty was up 94.40 points...

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Google Fixes 8th Zero-day Bug In Chrome Exploited In Attacks This Year

San Francisco, Dec 22 : Google has issued an emergency patch to address yet another Chrome zero-day vulnerability that has been exploited in the wild, making this the eighth patch...

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Bel Bags Orders Worth Rs 2,673cr To Supply Sensors For Next Gen Ships

New Delhi, Dec 22 : Bharat Electronics Limited (BEL) has received orders worth Rs 2,673 crores for the supply of 14 types of sensors for use on Next Generation Offshore...

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Over 35k Lose Jobs At Indian Startups, Job Cuts To Continue In 2024

New Delhi, Dec 22 : More than 35,000 people have lost jobs at Indian startups in the last two years, and job cuts will likely continue unabated as we enter...

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Cut In Customs Duty On Edible Oil Imports Extended By A Year

New Delhi, Dec 22 : The Central government has extended the reduced customs duty applicable to edible oil imports by a year in order to keep prices in check. The...

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Litmus Test For Humans As Genai Starts Taking Away Entry-level Jobs

New Delhi, Dec 22 : When IBM CEO Arvind Krishna predicted a few months ago that he could easily see 30 per cent of jobs getting replaced by AI and...

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Expect A Deepfakes Boom As Hackers Master Use Of Ai, Machine Learning

New Delhi, Dec 23 : With the growth of Large Language Models (LLMs) like OpenAI’s ChatGPT, Artificial Intelligence (AI) exploded in the public arena in 2023.According to experts, this trend...

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Banks In Punjab Told To Speed Up Disbursal Of Self-employment Loans

Chandigarh, Dec 22 : Punjab Finance Minister Harpal Cheema and Member of Parliament Vikramjit Singh Sahney on Friday reviewed the progress of sanctioning and disbursement of loans under various schemes...

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Polycab India Shares Plunge As Taxmen Raid Company

Mumbai, Dec 22 : Polycab India shares plunged by close to 5 per cent on Friday amid reports of the Income Tax Department carrying out raids at 50 premises of...

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Indian Ai Startups Fuel Innovation Amid Record Funding, Govt Push

New Delhi, Dec 23 : As funding becomes scarce for the Indian startup ecosystem in general, the explosion of Artificial Intelligence (AI) has given a new lease of life to...

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