Business News
May 09, 2024
Mumbai, May 9 (IANS) The Sensex fell by more than 1,000 points, while the Nifty slid below the 22,000 mark on Thursday amid heavy selling pressure and weak Q4 results by top firms.
May 09, 2024
New Delhi, May 9 (IANS) A robust gross domestic product (GDP) growth, continuous thrust on manufacturing with global giants (like Apple) strengthening their local supply chains, top American...
May 09, 2024
New Delhi, May 9 (IANS) Leading carmaker Maruti Suzuki on Thursday launched the 4th generation Epic New Swift at a starting price of Rs 6.49 lakh (ex-showroom) in India.
May 09, 2024
Stanlow (UK), May 9 (IANS) EET Fuels (or “the Company”, formerly Essar Oil UK), which owns and runs the Stanlow Manufacturing Complex, one of the most advanced refineries in Europe, today announces...
May 09, 2024
New Delhi, May 9 (IANS) Venture capital firm Venturi Partners on Thursday announced a purchase of a $27 million stake in the education service provider K12 Techno Services from Navneet Learning LLP,...
May 09, 2024
Mumbai, May 9 (IANS) Hindustan Petroleum Corporation Limited (HPCL) on Thursday reported a nearly 24.9 per cent decline in consolidated net profit at Rs 2,709.31 crore for the Jan-March quarter of...
May 09, 2024
Mumbai, May 9 (IANS) State Bank of India (SBI) on Thursday reported a 24 per cent jump in net profit at Rs 20,698 crore for the Jan-March quarter of 2023-24 compared to the corresponding figure of Rs...
May 09, 2024
Mumbai, May 9 (IANS) Asian Paints on Thursday reported a consolidated net profit of Rs 1,275.3 crore for the Jan-March quarter of 2023-24, a marginal increase of 1.3 per cent compared to the...
May 09, 2024
Mumbai, May 9 (IANS) Sensex and Nifty extended their morning session losses. Till 1:30 PM, the majority of the Indices were red as Sensex was down 802 points or 1.05 per cent at 72,664 points while...
May 09, 2024
New Delhi, May 9 (IANS) The new BMW 3 Series Gran Limousine M Sport Pro edition was launched in India by the luxury car maker on Thursday.
May 09, 2024
New Delhi, May 9 (IANS) In a bid to salvage the financial and cultural crisis edtech company Byju’s is currently in, its Founder and CEO Byju Raveendran has asked staff to pull the plug on aggressive...
May 09, 2024
New Delhi, May 9 (IANS) With the smartphone market registering 10 per cent (year-on-year) growth in the first quarter (Q1) of 2024 in India and 5G devices capturing 70 per cent share, analysts on...
May 09, 2024
New Delhi, May 9 (IANS) Even though building a business is many times difficult in India, the Indian dream is real, said Radhika Gupta, CEO of Edelweiss Asset Management and Shark Tank Judge.
May 09, 2024
New Delhi, May 9 (IANS) Driven by consumers upgrading to higher-value phones across price tiers, India’s smartphone shipments in the January-March quarter (Q1) grew a record 8 per cent (year-on-year...
May 09, 2024
Mumbai, May 9 (IANS) Indian benchmark indices were down on Thursday, following mixed trading among global peers.
May 09, 2024
New Delhi, May 9 (IANS) Geo-political challenges are continuing to alter established supply chains and companies are rebalancing their supply chains to address both resilience and efficiency, Tata...
May 09, 2024
Bengaluru, May 9 (IANS) The Indian startup ecosystem saw a 37 per cent increase in the number of new companies in April, leading to a 14 per cent surge in the number of jobs, a report showed on...
May 09, 2024
Seoul, May 9 (IANS) US automotive company BorgWarner has opened a research and development centre in South Korea, which is expected to help stabilise the supply chain in the sector, the industry...
May 08, 2024
New Delhi, May 8 (IANS) Following the mass sick leave taken by the cabin crew of low-cost airline Air India Express resulting in disruption of flight operations, the airline's CEO Aloke Singh, said...
May 08, 2024
London, May 8 (IANS) The European Commission on Wednesday sent Elon Musk-run X a request for information (RFI) under the Digital Services Act (DSA), seeking more details on the company's content...
May 08, 2024
Mumbai, May 8 (IANS) Bank of Baroda said on Wednesday that the RBI has lifted its ban on BoB World and the bank has now been allowed to onboard customers through the app.
May 08, 2024
New Delhi, May 8 (IANS) Officials from as many as 26 states participated in a meeting here on Wednesday to formulate a State Mining Index which will serve as a tool for stakeholders of the mining...
May 08, 2024
New Delhi, May 8 (IANS) The Delhi Electricity Regulatory Commission (DERC) has granted its approval for setting up of a Battery Energy Storage System (BESS) project supported by the Global Energy...
May 08, 2024
Mumbai, May 8 (IANS) Engineering and construction major Larsen and Toubro (L&T) on Wednesday reported 10 per cent rise in consolidated net profit to Rs 4,396 crore for the January-March quarter...
May 08, 2024
New Delhi, May 8 (IANS) Online food delivery platform Zomato co-founder and CEO Deepinder Goyal on Wednesday unveiled India's first crowd-supported weather infrastructure, which would provide...
May 08, 2024
New Delhi, May 8 (IANS) Fintech startup Simpl has laid off around 100 employees in a restructuring exercise, a media report said on Wednesday.
May 08, 2024
Mumbai, May 8 (IANS) HDFC Bank on Wednesday said it supported social sector startups in India with grants worth Rs 19.6 crore in FY24, in partnership with Atal Innovation Mission (under NITI Aayog).
May 08, 2024
Mumbai, May 8 (IANS) RBI Governor Shaktikanta Das on Wednesday held a meeting with major stakeholders in the UPI ecosystem including banks, National Payments Corporation of India (NPCI), third party...
May 08, 2024
Mumbai, May 8 (IANS) The stock market saw another volatile session on Wednesday, with the Sensex ending 45 points lower at 73,466, and the Nifty ending flat at 22,302 without any changes.
May 08, 2024
New Delhi, May 8 (IANS) Two-wheeler giant Hero MotoCorp on Wednesday reported an 18.4 per cent increase in its standalone net profit at Rs 1,016 crore for the January-March quarter of 2023-24, on the...
May 08, 2024
Munich, May 8 (IANS/DPA) German car manufacturer BMW made less profit in the first quarter despite a good run with expensive models and an increase in sales, the company reported on Wednesday.
May 08, 2024
New Delhi, May 8 (IANS) DG Innovate, a UK-based advanced research and development company led by former executives of Tesla, on Wednesday announced its entry in India through a joint venture (JV)...
May 08, 2024
New Delhi, May 8 (IANS) The shares of Paytm have crashed about 50 per cent this year, amid high-profile exits, the RBI ban on certain businesses of Paytm Payments Bank Ltd (PPBL), and fresh reports...
May 08, 2024
New Delhi, May 8 (IANS) Auto and defence component manufacturer Bharat Forge on Wednesday reported a 59.3 per cent surge in net profit to Rs 389.6 crore for the January-March quarter of 2023-24...
May 08, 2024
Mumbai May 8 (IANS) Canara Bank on Wednesday reported an 18.4 per cent rise in its net profit to Rs 3,757.23 crore for the January-March quarter of 2023-24 compared to the same period of the previous...
May 08, 2024
New Delhi, May 8 (IANS) NSE and BSE will hold a special live session on May 18 to perform intra-day switch-over to their respective disaster recovery site.
May 08, 2024
New Delhi, May 8 (IANS) There is a high possibility of India's economic growth touching 8 per cent in 2023-24, government's Chief Economic Adviser (CEA) V Anantha Nageswaran said on Wednesday.
May 08, 2024
New Delhi, May 8 (IANS) Apple has made big announcements at its 'Let Loose' event in which it unveiled the new iPad Pro, M4 chip, redesigned 11-inch and all-new 13-inch iPad Air with M2 chip, Final...
May 08, 2024
Bengaluru, May 8 (IANS) As India begins its ambitious semiconductor journey under the vision of Prime Minister Narendra Modi, US-based Lam Research Corporation on Wednesday announced plans to expand...
May 08, 2024
New Delhi, May 8 (IANS) As digital payment platforms, PhonePe and Google Pay, continue to have a duopoly in the Unified Payments Interface (UPI) market, the deadline by the National Payments...
May 08, 2024
Mumbai, May 8 (IANS) Sensex fell by 300 points on Wednesday as the selloff in equities continues.
May 08, 2024
New Delhi, May 8 (IANS) Autotech company CarDekho on Wednesday launched a new online platform called TractorsDekho, that will serve the needs of the farming community by providing resources tailored...
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