Business

Government Prohibits De-oiled Rice Bran Export Till November 30

New Delhi, July 28 : Days after imposing a ban on export of non-Basmati white rice, the government on Friday prohibited export of de-oiled rice bran with immediate effect till...

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Nazara Logs Net Sales At Rs 254 Cr, Pat Surges 31% To Rs 20.9 Cr

New Delhi, July 28 : Gaming and sports media platform Nazara Technologies on Friday said its profit after tax (PAT) surged 31 per cent per cent to Rs 20.9 crore...

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Gaming Industry Proposes New Gst Levy Formula To Government

New Delhi, July 28 : The online gaming industry has suggested a new formula to the government for levy of 28 per cent GST on its activities, mainly seen as...

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Internet Traffic On Airtel, Bsnl Remained Low On May 4 In Manipur: Report

New Delhi, July 28 : The internet traffic on Airtel and BSNL in Manipur remained down on May 4 due to inclement weather, cable damage, power outages and other reasons,...

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Ipo-bound Ola Electric Recorded Operating Loss Of $136 Mn In Fy23: Report

New Delhi, July 28 : IPO-bound Ola Electric has reportedly recorded an operating loss of $136 million (roughly Rs 1,116 crore) and revenue of $335 million (roughly Rs 2,750 crore),...

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Dunzo To Pay 12% Annual Interest On Withheld Salaries: Report

New Delhi, July 28 : Homegrown quick-grocery delivery provider Dunzo has promised employees to pay an interest of 12 per cent per annum on the salary component that it held...

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Resolution Plan Under Ibc Binding On All Creditors Including I-t Dept: Welspun Corp

New Delhi, July 28 : Following the receipt of a demand notice from the Income Tax (I-T) Department, Welspun Corp has pointed out that under section 31(1) of IBC, the...

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Amd To Invest $400mn To Expand Research, Development Operations In India

New Delhi, July 28 : Chipmaker AMD on Friday announced plans to invest about $400 million over the next five years to expand research, development, and engineering operations in India. ...

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Dgca Slaps Rs 30 Lakh Fine On Indigo For Frequent Tail Strikes As Audit Shows \'systemic Deficiencies\'

New Delhi, July 28 : After conducting a special audit prompted by concerns over IndiGo Airlines’ frequent tail strike incidents, the Directorate General of Civil Aviation (DGCA) has imposed a...

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Actor Samantha-invested Company Launches Millet Muesli

Chennai, July 28 : Heat and eat items like millet noodles, millet upma, and millet Pongal are now old. Actor Samantha Ruth Prabhu-invested Nutrivative Foods Pvt Ltd – that brought...

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Google Classroom Getting Feature To Disable Submissions After Due Date

San Francisco, July 28 : Google is rolling out a new feature that allows teachers to disable submissions after a due date in Google Classroom. The feature enables teachers to...

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Nifty Remained Under Pressure But Showed Some Recovery In Late Trade

New Delhi, July 28 : Nifty remained under pressure throughout the session but witnessed some recovery in the last hour to close with a marginal loss of 14 points at...

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Analysts Revise Itc’s Target Price As Investor Meet Reinforces Sharper Capital Allocation

New Delhi, July 28 : In the wake of a recent investor meet that underscored the demerger of ITC hotels as ITC’s commitment to sharper capital allocation, analyst firms have...

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Ioc Logs Rs 13,750 Crore Q1 Pat

Chennai, July 28 : Oil marketing major Indian Oil Corporation Ltd (IOC) on Friday said it closed the first quarter of FY24 with a net profit of Rs 13,750.44 crore....

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Bridging The Skill Gap: Increasing Demand Of Industry-focused Ai And Biotechnology Courses In India

New Delhi, July 28 : With its large pool of skilled tech professionals and a growing interest in cutting-edge technologies, India is positioning itself as a prominent player in the...

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India\'s Electronics Manufacturing Jumps From $30 Bn To $100 Bn: Pm Modi

Gandhinagar, July 28 : Prime Minister Narendra Modi on Friday revealed that India’s electronic manufacturing has exceeded $100 billion from $30 billion in 2014. He made the revelation after officially...

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Aimed Expresses Dismay Over Ficci\'s \'un-make In India\' Drive

New Delhi, July 28 :  In an unprecedented move, India’s leading industry body – FICCI’s Medical Devices Division – joins hands with forces inimical to the Make in India drive...

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Pm Modi Promises 50% Financial Support To Firms Investing In Semiconductor Sector

Gandhinagar, July 28 : Prime Minister Narendra Modi on Friday promised 50 per cent financial assistance to players wishing to set up semiconductor manufacturing facility in the country. Now technology...

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Amazon India Announces \'i Have Space\' Store On Dal Lake In J&k\'s Srinagar

Srinagar, July 28 : Amazon India on Friday announced its first ever ‘floating space’ store on the famous Dal Lake in J&K’s Srinagar city.  In a press statement, the giant...

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Hrera Issues 240 Recovery Certificates, Only 1 Executed: Report

Gurugram, July 28 : A report from the District Revenue Officer (DRO) revealed that the Haryana Real Estate Regulatory Authority (HRERA) Gurugram issued 240 recovery certificates against several defaulter builders,...

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Family Philanthropy To Grow By 18% In India: Report

New Delhi, July 28 : There is a long tradition of philanthropy in India and the concept of “giving back” to society is regarded as an expression of gratitude for...

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Sensex Plunges Below 66k Mark

New Delhi, July 28 : The BSE Sensex on Friday plunged below the psychologically important 66,000 points mark. It was trading down 301 points at 65,965 due to sustained selling...

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Fpis Sold Stocks For Rs 3,979 Cr In Cash Market

New Delhi, July 28 : The headwinds for the markets come from the US 10-year yield rising sharply to 4 per cent, the dollar index rising to 101.7, Brent crude...

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Samsung Eyes Record Foldable Sales In India With Tapping New & Existing Users

Seoul, July 28 : The new ‘Make in India’ Samsung foldables, to be churned out from its Noida factory in Uttar Pradesh, will not only woo existing users to upgrade...

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Competitive Behaviour Needs To Be Gauged Prior To Market Monopolisation, Says Parliamentary Panel

New Delhi, July 28 : A Parliamentary panel has taken serious note of the challenges posed by the winner-take-all markets where winners emerge within a few years of the market...

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Service Charge Ban: Delhi Hc Imposes Rs 1 Lakh Each On Restaurant Associations For Non-compliance Of Directions

New Delhi, July 27 : The Delhi High Court has given a final chance to the Federation of Hotels and Restaurant Associations of India and the National Restaurant Association of...

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Whatsapp Adds Faster Way To Send Short Videos In Chats

New Delhi, July 27 : Mark Zuckerberg on Thursday announced that the company is adding the ability to instantly record and share a video message in WhatsApp chats. According to...

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The Dow Is On Pace For Its Best Run In 126 Years

New York, July 27 : The Dow is on pace for its best run in 126 years, media reports said. The blue-chip stock index on Wednesday notched its 13th straight...

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\'time To Move Back To Us\': B\'luru Ceo After Struggling Months To Register His Firm

New Delhi, July 27 : A Bengaluru-based tech startup founder and CEO has said that he may have to move back to the US after struggling for two months to...

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Dgca Okays Air Asia, Air India Express Merger

New Delhi, July 27 :  The Directorate General of Civil Aviation (DGCA) on Thursday gave its go ahead to the Tata Group’s initiative to merge the budget airline AIX Connect...

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Star Series Currency Notes Legal, Says Rbi

New Delhi, July 27 : Amid speculations at emergence of bank notes having a star (*) symbol in the number panel, the Reserve Bank of India (RBI) on Thursday clarified...

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Adani New Industries Limited Raises Trade Finance Facility Of Usd 394 Mn From Barclays, Deutsche Bank

New Delhi, July 27 : Adani New Industries Limited (ANIL) ecosystem on Thursday raised trade finance facility of USD 394mn (Rs 3,231 Cr) from Barclays PLC and Deutsche Bank AG...

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Canadian Pension Plan Investment Board Delegation Meets Sitharaman

New Delhi, July 27 : Finance Minister Nirmala Sitharaman on Thursday met a delegation from the Canadian Pension Plan Investment Board (CPPIB), which highlighted its investment plans in India on...

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Sona Blw Precision Forging To Invest Rs 99.7 Crore To Expand Chennai Plant

Chennai, July 27 : Automotive component maker Sona BLW Precision Forgings Ltd ((Sona Comstar) will expand its plant capacity here at an investment of about Rs 99.7 crore. According to...

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Rosatom Ships Components For Two 1,000 Mw Nuclear Power Plants At Kudankulam

Chennai, July 27 : Russia’s integrated nuclear power major Rosatom on Thursday said it has shipped eight water jet pumps for the two atomic power units – 5 and 6...

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Us Economy Grew Stronger Than Expected In Second Quarter

Washington, July 27 : The US economy picked up steam in the second quarter despite punishing rate hikes and still-high inflation, the media reported.  Gross domestic product, the broadest measure...

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8th Batch Of Google Startups Accelerator India Now Open

New Delhi, July 27 : Google on Thursday announced to invite applications for the eighth batch of its startup accelerator programme in India that aims to nurture startups looking to...

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Major Tech Firms Form Body To Ensure Safe Development Of \'frontier Ai\' Models

San Francisco, July 27 : Four major tech companies — Google, OpenAI, Microsoft, and Anthropic have come together to form a new industry body designed to ensure the “safe and...

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Netweb Technologies Ipo Lists With 89% Premium

New Delhi, July 27 : Initial Public Offering (IPO) of Netweb Technologies India got listed on Thursday on the stock exchanges with a premium of around 89 per cent. Equirus...

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Blue Dart Express Net Goes Down To Rs 59.74 Crore

Chennai, July 27 : Owing to reduced income and increased outgo, logistics player Blue Dart Express Ltd’s first quarter net came down to Rs 59.74 crore for the first quarter...

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Increased Revenue, Reduced Provisions: Indian Bank Logs Rs 1,708 Crore Q1 Net

Chennai, July 27 : With an all-round increase in revenues and a drastic reduction in provisions for loan loss, the government-owned Indian Bank on Thursday said it had closed the...

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Nifty Succumbs To Selling Pressure

New Delhi, July 27 : Nifty opened higher but soon succumbed to selling pressure to close with a loss of 118 points or 0.6 per cent at 19,660, Siddhartha Khemka,...

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Tecno Takes On The Led Trend With Nothing But An Rgb Spin

New Delhi, July 27 : It’s almost been two weeks with brands revealing their upcoming phone flaunting LED light design patterns over social media.That has stirred quite a discussion around...

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Cipla Clarifies On Reports Of Promoters Looking To Sell Part Stake

New Delhi, July 27 : Cipla has clarified that the company is not aware of any event that requires disclosure under Listing Regulations. “The Company will make appropriate disclosure in...

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Centre Plans To Bring Pli Scheme For Chemicals, Petrochemicals Sectors: Sitharaman

New Delhi, July 27 : The central government has said that it will look at bringing a productivity linked incentive (PLI) scheme for the chemicals and petrochemicals sector. Addressing an...

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Resolution Of Top Insolvency Cases Marred By Low Realisations

New Delhi, July 27 : Jaypee Infratech resolution under IBC has netted the highest realisation as a percentage of admitted claims at 88 per cent among the top ten cases....

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Honor 90 Arriving In India In Mid-sept For Nearly Rs 45k

New Delhi, July 27 : Smartphone brand Honor 90 is all set to be launched in India in mid-September for around Rs 45,000 in the premium segment, industry sources told...

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Nestle India Logs Rs 698 Cr Pat For Q2, Extends Financial Year

Chennai, July 27 : Nestle Ltd on Thursday said it closed the second quarter of FY23 with a net profit of Rs 698.34 crore. In a regulatory filing, the company...

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With Rs 1,000 Cr Investment Us-based Firm To Set Up Silicon Carbide Manufacturing Facility In Odisha

Bhubaneswar, July 27 : US-based Silicon Power Group has proposed to set up a 150 mm silicon carbide manufacturing facility in Odisha with an investment of Rs 1,000 crore. The...

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Tech Startup Wiom Raises Rs 140 Cr To Make Unlimited Internet Affordable

New Delhi, July 27 : Homegrown tech startup Wiom focused on democratising internet access in India on Thursday announced that it has raised Rs 140 crore in Series A round....

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Analyst Firms Bullish On Itc, Revises Target Price To Rs 565, Citing Strong Long-term Upside Potential

New Delhi, July 27 : Post the ITC demerger announcement, despite the immediate drop in share price several analyst firms have maintained a positive outlook on the company due to...

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M&m Group Stocks Under Pressure After Investment In Rbl Bank, Tech Mahindra’s Weak Earnings Miss

New Delhi, July 27 : Stocks of the Mahindra & Mahindra (M&M) group have been under selling pressure and were the top Sensex losers on Thursday. M&M slumped 6.5 per...

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Reddit Testing ‘official’ Label For Profiles

San Francisco, July 27 : Social discussion platform Reddit is testing an ‘Official’ label for profiles, in order to reduce impersonation. “We’re beginning early testing of placing a visual indicator...

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Realme C53 Revolutionises Entry-level Smartphones With Unisoc T612 Chipset

New Delhi, July 27 : India, with its vast population and a significant proportion of young people, holds the distinction of having the largest youth group in the world. This...

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Meta Reports 11% Revenue Growth In Q2 2023

San Francisco, July 27 : Meta has released its financial results report for the second quarter (Q2) of this year ended on June 30, in which it revealed that revenue...

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Samsung Q2 Profit Down 95% Amid Chip Oversupply, Weaker Demand

Seoul, July 27 : Samsung Electronics on Thursday reported a 95 per cent fall in second-quarter operating profit, as macroeconomic woes have taken a toll on demand for chips used...

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Pre-booking For \'make In India\' Foldables Begins In India With Cool Pricing, Attractive Offers

Seoul, July 27 : Samsung on Thursday announced the availability of its next generation of ‘Make in India’ foldables, Galaxy Watch and new tablets in the country that will go...

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Indigo Engages With Pratt & Whitney Following Engine Recall

New Delhi, July 27 : InterGlobe Aviation, the operator of IndiGo airlines, on Wednesday said that it is in contact with engine manufacturer Pratt & Whitney to thoroughly evaluate any...

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Us Fed Raises Interest Rates For The 11th Time In 16 Months

Washington, July 27 : The US Federal Reserve raised interest rates by a quarter percentage point Wednesday, making it the 11th in the last 16 months in its continuing efforts...

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Jio Financial Services, Blackrock Agree To Form Joint Venture To Enter India\'s Asset Management Industry

New Delhi, July 26 : Jio Financial Services Limited (JFS) and BlackRock on Wednesday announced an agreement to form Jio BlackRock, a 50:50 joint venture that combines the respective strengths...

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M&m Acquires 3.5 Per Cent Stake In Rbl Bank As An Investment

New Delhi, July 26 : Mahindra & Mahindra announced on Wednesday that it has acquired a 3.53 per cent stake in RBL Bank as an investment at a cost of...

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Axis Bank Posts Rs 5,797 Crore Q1 Net

Chennai, July 26 : Private sector Axis Bank closed the first quarter of FY24 with an after tax profit of Rs 5,797 crore. In a regulatory filing, Axis Bank said...

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Bpcl Logs Rs 10,550 Crore Pat For Q1

Chennai, July 26 : Oil marketing company Bharat Petroleum Corporation Ltd (BPCL) on Wednesday said it closed the first quarter of the current fiscal with a net profit of Rs...

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Hitachi Payments To Buy Writer Corporation’s Cash Management Business (lead)

Chennai, July 26 : Integrated payment solutions provider Hitachi Payment Services Pvt Ltd will be acquiring the cash management business of Writer Corporation. The Writer Corporation, under its cash management...

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Global Foldable Smartphone Shipments To Cross 100 Mn By 2027: Report

New Delhi, July 26 : Global foldable smartphone shipments are expected to cross the 100 million mark by 2027, with Samsung and Apple accounting for the biggest market share, a...

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Tech Mahindra Pat Slides Down To Rs 692 Crore

Chennai, July 26 : Tech Mahindra Ltd on Wednesday said its consolidated net profit in FY24’s first quarter has slid down to Rs 692.5 crore against Rs.1,131.6 crore in the...

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Us Climate Envoy John Kerry Arrives On 5-day Visit To India, Meets Sitharaman

New Delhi, July 26 : The US special presidential envoy for climate John Kerry, who arrived in India on Wednesday on a five-day visit, met finance minister Nirmala Sitharaman. Both...

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Meta Firms Fined $14mn By Australia For Misleading Consumers

Sydney, July 26 : An Australian court on Wednesday ordered Meta (formerly Facebook) platforms to pay fines of nearly $14 million (AUS$20 million) for misleading consumers about the use of...

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Samsung Launches New Galaxy Tab S9 & Galaxy Watch6 Series

Seoul, July 26 : Samsung on Wednesday launched the Galaxy Tab S9 series, which includes — Tab S9, Tab S9+, and Tab S9 Ultra with Dynamic AMOLED 2x display.  The...

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Buying In Heavyweights Boosts Nifty

New Delhi, July 26 : Nifty closed in positive territory led by buying in select heavyweights, Siddhartha Khemka, Head – Retail Research, Motilal Oswal Financial Services Ltd, has said. The...

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Samsung Unlocks New Era Of Foldables, Launches New Galaxy Watch, Tablets

Seoul, July 26 : In a bid to elevate the foldable experience to a whole new level, Samsung on Wednesday unveiled its fifth generation of its Galaxy foldable devices —...

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Bajaj Finance Logs Standalone Pat Rs 2,959 Cr For Q1

Chennai, July 26 : Non-banking finance company Bajaj Finance Ltd on Wednesday said it has logged Rs 2,959.06 crore net profit for the first quarter of FY24. In a regulatory...

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Swiggy Launches Credit Card With Hdfc Bank

New Delhi, July 26 : Online food-delivery platform Swiggy and private sector HDFC Bank on Wednesday announced the launch of the Swiggy HDFC Bank co-branded credit card. The co-branded credit...

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Punjab National Bank Logs Rs 1,255 Cr Q1 Pat

Chennai, July 26 : Public sector Punjab National Bank on Wednesday said it closed the first quarter of FY24 with a net profit of Rs 1,255.41 crore. In a regulatory...

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Experts Raise Alarm: Gst Council\'s Tax Hike Will Drive Users To Offshore Gaming Platforms

New Delhi, July 26 : India’s online gaming sector has experienced remarkable growth, with over 15 billion game downloads and a user base exceeding 500 million in 2022. The industry...

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Lg Display Sees Losses Widen In Q2 On Weak Demand

Seoul, July 26 : LG Display reported its fifth consecutive quarterly losses on Wednesday as sluggish demand for smartphones, TVs and computers took a toll on its bottom line. The...

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Indian Climate-tech Startups Most Welcome To Share Innovative Ideas: Samsung

Seoul, July 26 : As achieving sustainability becomes a daunting task for the governments globally, Samsung on Wednesday said it is seeking innovative ideas from startups in the field, including...

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Confidant Of 100% Sowing Following Good Rainfall In K\'taka: Cm Siddaramaiah

Bengaluru, July 26 : Karnataka Chief Minister Siddaramaiah said on Wednesday that he was confident of farmers carrying out 100 per cent sowing activity in a few days in view...

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Tata Motors Dvr Up 13% In Trade

New Delhi, July 26 : Tata Motors DVR is up more than 13 per cent in trade after the announcement of capital reduction by the company. Tata Motors DVR is...

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Mass Consumers Projected To Drive Indian Retail Market To $1.3 Tn By 2030: Report

New Delhi, July 26 : ‘Mass’ consumers are projected to drive $1.3 trillion in the overall Indian retail market by 2030, a new report said on Wednesday. In terms of...

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Reliance, L&t Lead Sensex Surge

New Delhi, July 26 : Globally market participants will be closely watching US Federal Reserve chief Jerome Powell’s comments about the disinflation process in the US and the likely trend...

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Assam\'s Namrup Fertiliser Plant Will Not Be Closed: Union Minister

New Delhi, July 26 : Amid reports that the Brahmaputra Valley Fertilizer Corporation Limited’s (BVFCL) plant in Assam’s Namrup town will be shut down, Union Minister Mansukh Mandaviya has said...

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Imf Bumps Up India\'s 2023 Growth Projection To 6.1 (lead)

Washington, July 25 : The International Monetary fund on Tuesday projected that the Indian economy will grow by 6.1 per cent in 2023, which is 0.2 points — 20 basis...

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L&t Logs Rs 1,792.36 Crore Pat, To Buyback Shares With Rs 10,000 Crore Kitty

Chennai, July 25 : Closing the first quarter of FY24 with higher profit, engineering major Larsen & Toubro Ltd also announced a share buy back, declaration of a special dividend,...

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Spicejet Aircraft Catches Fire At Delhi Airport During Maintenance

New Delhi, July 25 : A SpiceJet aircraft caught fire at the Indira Gandhi International Airport in Delhi on Tuesday, officials said. No injuries were reported from the incident, a...

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Cyberabad Police Suggest Different Logout Times For It Firms To Avoid Gridlock

Hyderabad, July 25 : Cyberabad police have advised information technology companies in the key IT clusters to ensure phase-wise logouts for employees to prevent traffic jams on the major roads...

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Imf Raises India\'s Gdp Growth Projection To 6.1% In 2023-24

Washington, July 25 : The International Monetary Fund (IMF) on Tuesday slightly raised India’s GDP projection for the current fiscal to 6.1 per cent from 5.9 per cent. However this...

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Tata Motors Remains Only Major Listed Company With \'a\' Ordinary Shares

New Delhi, July 25 : Tata Motors remains the only major listed company with “A” ordinary share capital. In 2008, TML issued “A” ordinary shares at a 10 per cent...

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Spotify Now Has 220 Mn Paid Subscribers

San Francisco, July 25 : Music streaming giant Spotify on Tuesday announced that the platform now has 220 million Premium subscribers and 551 million monthly active users, as of June...

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Dunzo Faces Legal Notice From 7 Firms Over Unpaid Dues

New Delhi, July 25 : Homegrown quick-grocery delivery provider Dunzo has received a legal notice from at least seven companies since March this year, according to media reports. According to...

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Spicejet Taken Off ‘enhanced Surveillance’ By Dgca

New Delhi, July 25 : India’s civil aviation regulator, the Directorate General of Civil Aviation (DGCA) on Tuesday said that airline SpiceJet has been removed from the enhanced surveillance regime....

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Can Fin Homes Employees In Ambala Branch Commit Rs 38cr Fraud

New Delhi, July 25 : The internal team of Can Fin Homes has found that employees of Ambala branch of the Company have committed fraud over a period of time...

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Tata Motors Q1 Pat At Rs 3,300 Crore, To Rejig Capital Structure

Chennai, July 25 : Automobile major Tata Motors Ltd closed the first quarter of FY24 with a consolidated net profit of Rs 3,300.65 crore. The company’s Board also approved the...

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Ticketing Services Restored On Irctc Site, App After Technical Glitch (lead)

New Delhi, July 25 : The Indian Railway Catering and Tourism Corporation (IRCTC) on Tuesday said ticketing services which were not available on its website and mobile application earlier in...

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Asian Paints Q1 Net At Rs 1,508 Crore

Chennai, July 25 : Paint major Asian Paints Ltd closed the first quarter with a higher profit on a higher revenue. In a regulatory filing on Tuesday, Asian Paints said...

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Gujarat Govt Approves New Gidc Estate In Banaskantha

Gandhinagar, July 25 : Gujarat Industrial Development Corporation (GIDC), an arm of the state government, will set up an industrial estate Mudetha in Banaskantha district as part of its expansion....

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Average Cost Of Data Breach In India Reaches Over Rs 17cr: Report

New Delhi, July 25 : The average cost of a data breach in India reached Rs 17.9 crore in 2023, almost a 28 per cent increase since 2020, a new...

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Nifty Closes Marginally In Green

New Delhi, July 25 : Nifty swung between gains and losses before closing marginally in the green on July 25, says Deepak Jasani, Head, Retail Research, HDFC Securities. At close,...

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Bajaj Auto Q1 Pat At Rs 1,664 Crore

Chennai, July 25 : Two- and three-wheeler major Bajaj Auto Ltd on Tuesday said it closed the first quarter of FY24 with higher net profit of Rs 1,664.77 crore. In...

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Banks Cautious Over Vedanta’s Dividend Payout To Parent Company

New Delhi, July 25 : Banks are reportedly feeling uncomfortable by Vedanta Limited issuing high dividends to its parent company, as per sources. Banks are said to be worried about...

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Corporate Earnings Season Starts On Weak Note

New Delhi, July 25 : Corporate earnings season started on a weak note — Nifty-50 (ex-financial & commodity) operating earnings grew by 11 per cent YoY, 3 per cent behind...

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Personal Consumption, Residential Investments Would Grow Slowly In Fy24

New Delhi, July 25 : The entire theme of financialiaation of household savings has fallen flat on its face, with its share declining to as low as 32 per cent...

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Realme Pad 2: Perfect Companion For Today’s Youth

New Delhi, July 25 : In today’s fast-paced digital world, tablets have become the go-to choice for the tech-savvy generation.From on-the-go productivity to immersive entertainment, tablets offer a seamless experience...

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Fpis Sold Stocks Worth Rs 2,081 Cr In Last 2 Days Indicating Buying Exhaustion

New Delhi, July 25 : In the last two days, FPIs have sold stocks worth Rs 2,081 crore indicating buying exhaustion, says V.K.Vijayakumar, Chief Investment Strategist at Geojit Financial Services....

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Samsung Digital Lending Platform Has Brought Financial Inclusion In India: Jb Park

Seoul, July 25 : The ‘Make in India’ digital lending platform called Samsung Finance+ has made it easy for millions of Indian consumers afford their favourite smartphones and empower themselves...

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1 Lakh Notices Sent In Cases Of Misrepresentation Of Income, Says Finance Minister

New Delhi, July 24 : Union Finance Minister Nirmala Sitharaman on Monday said that about one lakh notices were sent in cases of non-filing of returns and misrepresentation of income....

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Dgca Received Applications To De-register 54 Aircraft Leased To Go First: Govt

New Delhi, July 24 :  The government said on Monday that the Directorate General of Civil Aviation (DGCA) has received applications from lessors for de-registration of 54 aircraft leased to...

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Ril Partners With Brookfield Infra, Digital Realty For India Data Centre Business

New Delhi, July 24 :  Reliance Industries Limited (RIL) on Monday announced entering into an agreement to invest alongside Brookfield Infrastructure and Digital Realty in their Indian SPVs set up...

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Power Finance Corporation Shares Hit 52-week High

New Delhi, July 24 :  At Rs 244 per share, Power Finance Corporation Ltd has achieved its 52-week high. Rs 101 per share is the stock’s lowest price, while the...

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Ril Has Industry-leading Capabilities To Drive Robust 14-15% Eps Cagr Over Next 3-5 Years

New Delhi, July 24 :  JM Financial has reiterated that buy on Reliance Industries Limited with a target price of Rs 2,900 a share as it believes that net debt...

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Demerger Of Itc\'s Hotels Business Positive As It Allays Concerns About Capital Allocation

New Delhi, July 24 :  Demerger of ITC’s hotels business is a positive move because it should allay concerns about capital allocation and use of cigarette business cashflows to develop...

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Delhi Court Extends Supertech Group Chairman R.k. Arora\'s Judicial Custody

New Delhi, July 24 : A Delhi court on Monday extended Supertech Group Chairman R.K.Arora’s judicial custody by 14 days in connection with a case under the Prevention of Money...

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Duty Hours Debacle: 100 Passengers, Including Bjp Mps, Left Stranded As Rajkot-delhi Air India Flight Disrupted

New Delhi, July 24 : Around 100 passengers, including three BJP MPs, found themselves in a predicament at Gujarat’s Rajkot airport on Sunday night when their Air India flight to...

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Greencell Mobility To Raise Rs 3,000 Crore Debt From Rec Ltd

Chennai, July 24 : Shared electric mobility player GreenCell Mobility on Monday announced that it would raise Rs 3,000 crore debt from REC Ltd. GreenCell Mobility said a MoU has...

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Earnings Upgrade Led By Domestic Cyclicals, Downgrades Driven By Defensives, Commodities

New Delhi, July 24 :  Earnings upgrade in the last one year are emanating from domestic cyclicals, internet stocks while the downgrades are driven by defensives and commodities, ICICI Securities...

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Top Directors, Over 15 Employees Leave Realme To Join Honortech In India

New Delhi, July 24 : As the Indian smartphone industry goes through a churn, at least two top-level directors, along with several other employees, have quit the realme smartphone brand...

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Tesla Execs To Meet Commerce Minister As China Fumes At India’s Byd Plant Rejection

New Delhi, July 24 : Representatives from Elon Musk-Tesla are reportedly expected to meet Union Commerce Minister Piyush Goyal as early as this month to chalk out a facility to...

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Kalanithi Maran Vs Spicejet Ltd: Delhi Hc Issues Notice For Non-compliance Of Orders, Seeks Cmd’s Presence

New Delhi, July 24 : The Delhi High Court on Monday issued notice to SpiceJet Ltd and its Chairman and Managing Director Ajay Singh in Kal Airways and its promoter...

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Coffee Day Shares Down 19% After Subsidiary Admitted For Insolvency By Nclt

New Delhi, July 24 :  The National Company Law Tribunal (NCLT), Bengaluru bench, has admitted an application for insolvency resolution against a subsidiary of Coffee Day Enterprises. “This is to...

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Idbi Bank Q1 Pat At Rs 1,224 Crore

Chennai, July 24 : Private sector IDBI Bank Ltd on Monday said it closed Q1FY24 with a higher net profit of Rs 1,224.18 crore. In a regulatory filing, IDBI Bank...

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Tamilnad Mercantile Bank Posts Pat Of Rs 261 Crore In Q1

Chennai, July 24 : Increased income, and reduced provisions has enabled Tamilnad Mercantile Bank Ltd (TMB) to log higher profit for the first quarter of FY24. In a regulatory filing,...

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Markets See Volatility As Initial Q1 Results Below Expectations

New Delhi, July 24 :  Following a flat opening, the Nifty was volatile throughout the day ending in a negative close on Monday. For investors, the market is buys on...

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Amid Protest, Jagan Lays Foundation Stone For Houses In Amaravati

Amaravati, July 24 : Amid protest by some farmers of Amaravati, Andhra Pradesh Chief Minister Y.S.Jagan Mohan Reddy on Monday laid the foundation stone for construction of houses for the...

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Itc Stock Slumps After Approval To Demerge Hotels Business Into New Entity

New Delhi, July 24 : The ITC stock slumped more than 3 per cent after the news of hotels business demerger. The stock was down 3.37 per cent at Rs...

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Itc Board Accords In-principle Approval To Demerge Hotels Business Into A New Entity

New Delhi, July 24 : The Board of Directors of ITC Limited on Monday evaluated and discussed various alternative structures for the Hotels Business towards crafting the next horizon of...

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Centre Ratifies 8.15% Interest Rate For Epf Subscribers For 2022-23

New Delhi, July 24 : The Centre on Monday ratified the 8.15 per cent interest rate on deposits under the Employees Provident Fund (EPFO) scheme for 2022-23. On March 28,...

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Swiggy Initiates 2nd Tranche Of Esop Liquidity Totalling $50 Mn

New Delhi, July 24 : Online food-delivery platform Swiggy on Monday announced the second milestone in its committed two-year employee stock ownership plans (ESOP) liquidity programme, in which its employees...

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Promoting Mental Well-being: The Joint Venture Way

Gurugram, July 24 :  Adolescence is a time when youngsters undergo significant physical, emotional, and cognitive changes.These changes can be overwhelming or even traumatic for some impacting their mental health...

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Banks Need To Deal With Poor Loan Defaulters In Sensitive, Humane Way: Sitharaman

New Delhi, July 24 : Union Finance Minister Nirmala Sitharaman on Monday said in Lok Sabha through an intervention that all banks whether public or private have been instructed through...

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Near Term Market Trend To Be Decided By Q1 Results, Fed Policy Decision

New Delhi, July 24 : The near-term market trend will be influenced by a host of factors like the recent Q1 results, some major results expected this week and policy...

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Sl To Set Mpr For Fuel As China’s Sinopec Enters Market After State-run Cpc And Inda’s Lioc

Colombo, July 23 : The first shipment of Chinese fuel supplier Sinopec, the third fuel supplier to enter the Sri Lankan fuel market after India’s Lanka Indian Oil Corporation (LIOC)...

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Ndma To Launch Cell Broadcasting Of Disaster Alerts By 2023 End

 Chennai, July 23 : The National Disaster Management Authority (NDMA) is gearing up to launch Cell Broadcasts by the end of this year, as the second phase of its Common...

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Us-based It Firm To Provide Jobs To 200 People In Kerala

Thiruvananthapuram, July 23 : A US-based IT company that set up its office in Kerala will start its operations from Monday (July 24).The company will be providing direct employment to...

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Only 0.8% Electric Vehicles In Country Out Of 34 Crore Vehicles Registered

New Delhi, July 23 :  Electric vehicles constitute a miniscule 0.8 per cent of the total number of vehicles registered in the country, despite government pushing for greener vehicles since...

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Google\'s Longtime Director Of News Let Go After 13 Years, Plans To Come Back To India

New Delhi, July 23 : Google, which has joined the league of tech companies cutting jobs to deal with the global slowdown, has now laid off the Indian-origin director of...

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Experts Clamour For Changes In The Current Swiss Challenge Process Regulations

New Delhi, July 23 : The current rules governing the Swiss Challenge process are lopsided, favouring the anchor bidder, and stymie the basic objective of value maximisation by the lenders...

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Mahindra Roxor Cleared For Sale In The Us

New Delhi, July 23 : Since its launch in the US back in 2018, Mahindra’s Roxor off-roader has been facing multiple lawsuits by Fiat Chrysler Automobiles (FCA) – Stellantis, over...

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More Than 50% Posts Of Instructors In Itis Lying Vacant

New Delhi, July 23 : Out of the total sanctioned posts of 2,06,254 instructors across industrial training institutes (ITIs) in the country, only 98,090 or 52 per cent have been...

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5th Generation Samsung Foldable Smartphones Set To Raise The Bar: Experts

New Delhi, July 23 : As Samsung prepares to unfold a new era of foldable smartphones next week, industry experts on Sunday said the fifth-generation of devices are expected to...

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Dorsey\'s 1st Tweet Nft Now Has A Paltry Price Of Less That $2k

New Delhi, July 23 : The very first tweet of Jack Dorsey, whose non-fungible token (NFT) was sold for a whopping $2.9 million in 2021, now has a paltry price...

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Musk Urges Twitter Users To Get Verified And Earn Thousands Of Dollars

San Francisco, July 22 : Elon Musk on Saturday requested Twitter users to become a verified subscribers, saying that they can earn thousands of dollars per month in ad revenue...

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Icici Bank Logs Rs 9,648 Crore Net In Q1

Chennai, July 22 : Privately owned ICICI Bank on Saturday said its standalone net profit for Q1FY24 zoomed by 39.7 per cent to Rs 9,648.20 crore. In a regulatory filing...

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Fpis Invested Rs 43, 804 Crore In India In July

New Delhi, July 22 : FPI flows into India continue unabated in July, too.India is the largest recipient of FPI flows YTD among emerging markets, says V K Vijayakumar, Chief...

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Tesla Offers One-time Free Fsd Software Transfer For Your Second Car

San Francisco, July 22 : Elon Musk is offering the first-time Tesla customers a chance to transfer the costly full self-driving (FSD) software to another vehicle as a “one-time amnesty.”...

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Rudra Global Infra Products Doubles Capacity For Manufacturing Tmt Bars

New Delhi, July 22 : Rudra Global Infra Products, engaged in manufacturing of MS billets and TMT Bars of the finest quality, have informed the exchanges on the successful completion...

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7 Top Tech Companies Sign Deal With Us Govt On Ai Guardrails

Washington, July 22 : Seven leading artificial intelligence (AI) tech companies like Google, OpenAI and Meta have reached a deal with the Joe Biden administration to roll out fresh guardrails...

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Govt Rejects Chinese Byd Motors’ Plan To Build $1 Bn Ev Plant: Report

New Delhi, July 22 : As the government gears up to welcome Elon Musk’s Tesla to set up a supply chain ecosystem in the country in the foreseeable future, the...

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Meta\'s Threads Fast Losing Steam, Zuckerberg Not Worried

San Francisco, July 22 : Instagram’s Twitter competitor Threads is reportedly fast losing steam, a massive 70 per cent decline from its highest in early July. Despite Meta Founder and...

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Twitter To Restrict Dms For Unverified Accounts To Reduce Spam

New Delhi, July 22 : Twitter has announced to restrict direct messages (DMs) for unverified accounts in order to reduce spam on the platform. The company said it will soon...

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Gdr Scam: Ed Attaches Movable And Immovable Properties Worth Rs 59.37

New Delhi, July 21 :  The Enforcement Directorate (ED) on Friday attached movable and immovable properties worth Rs 59.37 crore belonging to London-based Arun Panchariya, Sanjay Aggarwal and India Focus...

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Techie Attempts To Open Emergency Door On Paris-bengaluru Flight, Arrested

Bengaluru, July 21 : An Indian-origin software engineer from US was arrested for attempting to open the door of the Air France flight from Paris to Bengaluru, police said on...

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Paytm Scores Profit For Three Straight Quarters; Posts Revenue Of Rs 2,342 Cr, Growth Of 39% Yoy In Q1fy24

New Delhi, July 21 : India’s leading payments and financial services company Paytm has shown yet another impressive quarterly growth, registering a bumper revenue uptick of 39 per cent YoY,...

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Railways Spent Rs 1.08 Crore On Safety Works Between 2017-18 To 2021-22: Minister

New Delhi, July 21 : Facing questions over the passenger safety in wake of the triple train accident in Odisha’s Balasore last month in which 293 passengers died, the government...

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Reliance Industries Ltd Posts Rs 2.31l Cr Consolidated Revenues For Q1

New Delhi, July 21 : Reliance Industries Limited posted consolidated revenues of Rs 231,132 crore ($28.2 billion), down 4.7 per cent YoY, for Q1 FY2023-24 due to sharp decline in...

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Nclt Mumbai Bench Awards Beleaguered Lavasa City To Darwin Platform Group

Mumbai, July 21 : In a significant development, the NCLT’s Mumbai bench on Friday awarded the beleaguered Lavasa City project in Pune to the Mumbai-based Darwin Platform Group of Companies...

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Dlf Posts Lower Net In Q1

New Delhi, July 21 : Real estate major DLF Ltd closed the first quarter of FY24 with a lower revenue and net profit on a standalone basis. In a regulatory...

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Oracle\'s Mysql Heatwave Lakehouse Now Generally Available 

New Delhi, July 21 : Cloud major Oracle has announced the general availability of MySQL HeatWave Lakehouse, delivering an industry-first by enabling customers to query data in object storage as...

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Top Investors Urge Pm Modi To Reconsider 28% Gst On Online Skill Gaming

New Delhi, July 21 : An influential group of global and Indian investors like Tiger Global, DST Global, Peak XV Partners, Kalaari Capital, Matrix Partners India, and Kotak Private Equity...

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Utkarsh Small Finance Bank Shares Close 92% Over Issue Price

New Delhi, July 21 :  Varanasi-based Utkarsh Small Finance Bank Ltd, which recorded the second-fastest AUM growth between FY 2019 and FY 2022 among SFBs with AUM of more than...

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Dgca Approves Go First\'s Resumption Of Operations On Specific Conditions

New Delhi, July 21 : India’s civil aviation regulator, the Directorate General of Civil Aviation (DGCA) has granted approval to airline Go First’s plan to resume operations , subject to...

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Nifty Falls At Fastest Pace In 18 Weeks

New Delhi, July 21 :  Nifty fell sharply on Friday following disappointing results/guidance from IT companies, including Infosys, said Deepak Jasani, Head of Retail Research at HDFC Securities. It fell...

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Ian-backed Wizikey Launches Imara: The World\'s First Ai Avatar For Pr & Comms

New Delhi, July 21 : Wizikey, the leading SaaS in PR, launched Imara AI, the world’s first AI Avatar.At the cutting edge of Gen-AI solutions, Imara will cater to the...

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Trai Says Tariffs Of Reliance Jio Not In Violation Of Tariff Orders, Minister Replies In Rs

New Delhi, July 21 :  TRAI is of the opinion that the tariffs offered by Reliance Jio Infocomm Limited are not in violation of the tariff orders, the government said...

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Sensex Sheds 1000 Points Dragged Down By Infosys, Hul, Ril

New Delhi, July 21 : IT heavyweights led by Infosys, HUL and Reliance Industries dragged the Sensex down to a sharp fall of more than 1,000 points on Friday. Infosys...

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Apple Iphones See 68% Growth In India In 2023 1st Half, To Reach 7% Market Share

New Delhi, July 21 : Apple iPhone shipments saw a 68 per cent (year-on-year) growth in India in the first half of 2023, driven by the iPhone 14 and iPhone...

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Tax Collection In Assam Increased 12 Times After Gst Adoption: Sitharaman

Guwahati, July 21 : Union Finance Minister Nirmala Sitharaman on Friday said the Goods and Services Tax (GST) collection and devolution in the northeastern states has been a success, Addressing...

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Russia\'s Sberbank Establishes Major It Unit In B\'luru

Bengaluru, July 21 : Sberbank’s branch in India has received permission from the Reserve Bank of India (RBI) to establish an IT unit here. The new IT office will house...

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Hyundai Motor India Foundation Launches \'eco-gram\' Waste Management Programme & Restores 3 Waterbodies In Gurugram

Gurugram, July 21 : Hyundai Motor India Foundation (HMIF), the philanthropic arm of Hyundai Motor India Ltd.(HMIL), inaugurated a waste management plant in Gurugram. The project has been implemented in...

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Indian Pharma Cos Must Raise Public Awareness On Clinical Trials: Report

New Delhi, July 21 : India is seeing an increase in the number of clinical trials initiated by either domestic or multinational pharmaceutical companies in recent years, but awareness about...

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Us Congress Panel Expresses Concern Over Effectiveness Of Fda Inspections In India

New Delhi, July 21 : A committee of the US Congress said that it was particularly concerned about foreign drug inspections conducted in India and China. In a letter to...

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Weak Q1 Results By Infosys, Hul Drag Down Sensex By 800 Points

New Delhi, July 21 : Weak Q1 results by Infosys and Hindustan Unilever are weighing on Indian indices as the BSE Sensex extended its fall on Friday to 800 points....

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Cosmopolitan Publisher Hearst Lays Off 41 \'talented\' Staffers Across Magazines

San Francisco, July 21 : Hearst Magazines, which has publications like Cosmopolitan, Elle, Seventeen, Harper’s Bazaar and Men’s Health under its umbrella, has sacked 41 “talented” union staffers due to...

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Oppo Reno10 5g Redefines Portrait Photography With Telephoto Camera

New Delhi, July 21 : Leading global smart devices brand OPPO on Friday announced that its Reno10 will go on sale on July 27 at Rs 32,999.The handset will be...

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Infosys Leads Fall In Indian Indices, 2nd Most Expensive Market After Us

New Delhi, July 21 : A sharp fall in Infosys after the Q1 results led the markets down sharply by more than 600 points on Friday. BSE Sensex is down...

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Investors Closes In On Acquiring Coindesk For $125 Mn: Report

San Francisco, July 21 : A group of investors is reportedly in final stages to acquire cryptocurrency news company CoinDesk for about $125 million. CoinDesk is currently owned by crypto...

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Aggregate Wage Bill Of Corporate Sector Exceeds Public Sector For First Time

New Delhi, July 17 :  Compensation of employees (CoE) in the private corporate sector at Rs 30 trillion has exceeded the CoE of the public sector for the first time,...

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Air India Flight Delayed At Udaipur Airport After Reported Issue With Passenger\'s Power Bank

New Delhi, July 17 : A Delhi-bound Air India flight from Udaipur was delayed on Monday after passengers raised some issue, an airline official said. Flight AI 470 was delayed...

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Govt Launches Chana Dal At Subsidised Rates Under Brand Name

New Delhi, July 17 : Commerce Minister Piyush Goyal on Monday launched the sale of subsidised chana dal under the brand name ‘Bharat Dal’ at the rate of Rs 60...

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‘holy Grail’ 2007 Apple Iphone Sells For Record Rs 1.5 Crore

San Francisco, July 17 : A first-edition, unopened 4GB model of an iPhone has been sold for a staggering $190,372.80 (more than Rs 1.5 crore) in an auction in the...

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Process And Settle Flood Claims In North India Quickly, Irdai Tells Insurers

Chennai, July 17 : India’s insurance sector regulator has instructed general insurance and standalone health insurance companies to process and settle the claims arising out of floods in north India...

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Irctc Travel Insurance: Passengers Now Automatically Covered, Can Opt Out Too

Chennai, July 17 : From opting in for Rs 10 lakh personal accident insurance cover, the Indian Railway Catering and Tourism Corporation Ltd (IRCTC) has now changed the scheme to...

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Prodigy Finance Establishes Another $350 Mn Facility For International Masters Students With Citi, Schroders Capital, And Scio Capital

London, July 17 :  Prodigy Finance, a social impact-driven FinTech and a leading international student loan lender, is proud to announce a $350 million facility with Citi, Schroders Capital and...

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Musk\'s Spacex Controls 60% Share Of Global Launch Biz As It Eyes India

New Delhi, July 17 : Elon Musk-run SpaceX now controls 60 per cent share of the global launch business, as he aims to bring Starlink, which uses low-orbit satellites to...

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Karur Vysya Bank Reduces Npa, Provisions, Posts Higher Net

Chennai, July 17 : Old generation private bank Karur Vysya Bank on Monday said it closed Q1FY24 with 56.77 per cent growth in net profit as compared to the corresponding...

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Jio Financial Services Likely To List At Rs 160 Per Share: Axis Securities

New Delhi, July 17 :  Axis Securities had recommended investors to buy Reliance Industries before the record date of July 20 and believe it to be a more economical way...

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A Single Indian Firm Facing 2,146 Cyber Attacks A Week On Average: Report

New Delhi, July 17 : A single Indian organisation suffered 2,146 cyber attacks on average per week in the last 6 months, compared to 1,239 attacks per organisation globally, a...

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Nifty Settles Over 19,700 For First Time Ever

Mumbai, July 17 : Following Monday’s flat to positive opening, the Nifty was bullish throughout the day to close at an all-time high, said Deven Mehata, Equity Research Analyst, Choice...

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Gmr Hyderabad Aviation Sez Ltd Signs Lease Agreement With Safran Aircraft Engines For Mro

Hyderabad, July 17 : GMR Hyderabad Aviation SEZ Limited (GHASL), a 100 per cent subsidiary of GMR Hyderabad International Airport Ltd.(GHIAL) has recently signed a Land Lease Agreement with Safran...

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Hdfc Bank Closed Q1 With Rs 11,951 Cr Net

Chennai, July 17 : Private sector HDFC Bank Ltd on Monday said it closed the first quarter of FY24 with a net profit of Rs 11,951.77 crore, higher than the...

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Over 13.5 Crore Indians Escaped Poverty Between 2015-16 & 2019-21: Niti Aayog Report

New Delhi, July 17 : More than 13.5 crore Indians escaped multi-dimensional poverty in five years, as there was a steep decline in the number of multidimensionally poor from 24.85...

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Excesses In Upa Era Led To Current Govt Inheriting Weak Economy With Several Institutions In Distress

New Delhi, July 17 : Excesses in the former UPA regime period led to the current government inheriting a weak economy with several institutions in distress, global brokerage, Bernstein said...

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Siddaramaiah Holds Talks With Ceo Of Foxconn Subsidiary In B’luru

Bengaluru, July 17 : In a major development, Karnataka Chief Minister Siddaramaiah on Monday held an important meeting with the CEO of a subsidiary entity of the Taiwanese chip making...

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Proximus Group To Acquire Majority Stake In Route Mobile

New Delhi, July 17 : Proximus Group has entered into a definitive agreement to acquire a majority stake in Route Mobile, a strategic move towards becoming one of the worldwide...

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Pm To Inaugurate New Terminal Building Of Port Blair Airport Tomorrow

New Delhi, July 17 : Prime Minister Narendra Modi will inaugurate the new integrated terminal building of the Veer Savarkar International Airport in Port Blair on Tuesday via video conferencing....

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Deficient Rainfall, Lower Sowing Of Rice & Pulses Push Prices Higher

New Delhi, July 17 : Deficient rainfall and the consequent lower sowing of rice and pulses have pushed prices higher. Kharif sowing as of July 14 stood at 1.6 per...

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Bimstec Nations Discuss Energy Security, Resolve To Enhance Resilience

New Delhi, July 17 : Issues related to food, health and energy security are some of the common concerns discussed during the Bay of Bengal Initiative for Multi-Sectoral Technical and...

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Crypto, Blockchain Sector Saw $2.32 Bn Investment In Q2, Lowest Since Q4 2020: Report

San Francisco, July 17 : The crypto and blockchain sector witnessed an investment of $2.32 billion in Q2 2023, marking a new cycle low and the lowest since Q4 2020,...

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Bimstec Nations Discuss Energy Security, Issues Related To Food & Health

New Delhi, July 17 : Issues related to food, health and energy security are some of the common concerns which were discussed on Monday during the Bay of Bengal Initiative...

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Liquidity Surge Can Keep Valuations Elevated For An Extended Period

New Delhi, July 17 : A lesson from market history is that liquidity surge can keep the valuations elevated for an extended period of time, says V.K.Vijayakumar, Chief Investment Strategist...

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Rajkot\'s First Double-decker Flyover To Be Inaugurated On July 23

Rajkot, July 17 : Gujarat Chief Minister Bhupendra Patel is expected to inaugurate the KKV Chowk Flyover in Rajkot on July 23 — the city’s first double-decker flyover. With a...

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