Paytm app will keep working beyond Feb 29: Founder & CEO Vijay Shekhar Sharma
New Delhi, Feb 2 - Paytm's associate Bank recently received the Reserve Bank of India's (RBI) directions in response to which Paytm's Founder and CEO Vijay Shekhar Sharma assured users that Paytm app will continue to work beyond February 29.
Zoho reports Rs 8,703 cr revenue in FY23, profit crosses Rs 2,800 cr
New Delhi, Feb 2 - Global software-as-a-service (SaaS) company Zoho has reported consolidated revenue of Rs 8,703 crore in the financial year 2023 (FY23), up nearly 30 per cent (year-on-year).
YouTube surpasses 100 mn Music & Premium subscribers globally
New Delhi, Feb 2 - Google-owned YouTube has surpassed 100 million Music and Premium subscribers globally, including trials, as of January this year.
PSU banks to benefit from treasury gains on lower fiscal deficit
New Delhi, Feb 1 - A lower fiscal deficit versus estimated is likely to raise government bond prices and a treasury gain is very likely for the public sector banks, LKP Securities said in a report on sectoral impact of Interim Budget 2024.
Sensex ends in red on Interim Budget day
Mumbai, Feb 1 - The domestic market was marginally disappointed by lower than expected infra spending in the Interim Budget, Vinod Nair, Head of Research at Geojit Financial Services, said on Thursday.
Interim Budget seen as neutral to mildly positive for equities
New Delhi, Feb 1 - The impact of the Interim Budget on equity markets will be neutral to mildly positive for the near term and other emerging triggers will drive its trajectory later, HDFC Securities MD & CEO Dhiraj Relli said.
Govt to focus on popularising rooftop solarisation, free electricity: Sitharaman
Chennai, Feb 1 - Finance Minister Nirmala Sitharaman on Thursday said that in an attempt to turn households into power generating units, the central government will focus on popularising rooftop solarisation and free electricity.
25 crore people came out of poverty in last 10 years: Sitharaman
New Delhi, Feb 1 - Finance Minister Nirmala Sitharaman on Thursday said that the government believes in "empowering the poor" and in the last ten years, at least 25 crore people have been assisted to get freedom from multidimensional poverty.
Cabinet approves interim budget
New Delhi, Feb 1 - The Cabinet, chaired by Prime Minister Narendra Modi, has approved the interim budget on Thursday.
Paytm plunges 20% at lower circuit after RBI restrictions
New Delhi, Feb 1 (IANS) Paytm shares plunged 20 per cent at the lower circuit on Thursday after RBI imposed severe restrictions on Paytm Payments Bank.
Positive build-up in markets ahead of Interim Budget
Mumbai, Jan 31 - A positive build-up was reflected in Indian markets prior to the Interim Budget (Feb 1) on Wednesday and although expectations are low, the market anticipates a lower fiscal deficit supported by buoyant tax revenues, said Vinod Nair, Head of
Rooftop solarisation figures in green package of Interim Budget
New Delhi, Feb 1 - Finance Minister Nirmala Sitharaman on Thursday announced a slew of measures including rooftop solarisation for the promotion of green growth and renewable energy.
Interim Budget 2024: Strong economic fundamentals make it easier for FM to go for growth
New Delhi, Feb 1 - Finance Minister Nirmala Sitharaman’s Interim Budget 2024 to be presented in Parliament at 11 am today is expected to continue with the government’s big ticket expenditure on infrastructure projects and focus on agriculture and schemes for the rural
Import duty cut to make mobile manufacturing competitive: ICEA
New Delhi, Jan 31 - The India Cellular and Electronics Association (ICEA), the nation's top electronics manufacturing industry body, on Wednesday said the move by the government to slash import duty on parts used for manufacturing of mobile phones to 10 per cent
Centre slashes import duty on mobile phone parts to 10%
New Delhi, Jan 31 - In a bid to further boost mobile manufacturing in the country, the government has slashed import duty on parts used for manufacturing of mobile phones to 10 per cent from 15 per cent.
Google posts $307 bn revenue in 2023, spent billions of dollars to lay people off
San Francisco, Jan 31 - Google, which spent $2.1 billion on severance and other expenses as it laid off more than 12,000 employees last year, will spend another $700 million on employee severance charges for the first quarter of this year.
Zee shares up 5% amid reports of arbitration hearing in Singapore
Mumbai, Jan 30 - Zee Entertainment shares jumped more than 5 per cent on Tuesday amid reports of an emergency arbitration hearing of its terminated merger with the Sony Group in Singapore.
TVS ILP to develop logistics, warehousing park in Goa
Chennai, Jan 30 - TVS Industrial and Logistical Parks (TVS ILP) on Tuesday announced signing of MoU with the Goa Investment Promotion & Facilitation Board (Goa-IPB) for the development of logistics and warehousing park in the Verna Industrial Estate.