India Ratings upgrades Adani Green Energy to IND AA-, outlook stable amid robust growth
New Delhi, May 30 - India Ratings and Research (Ind-Ra) on Thursday upgraded Adani Green Energy Limited’s (AGEL) long-term issuer rating to 'IND AA-’ from ‘IND A+’, saying the company’s outlook is stable.
Centre urges states to go for reforms in granite & marble mining sector
New Delhi, May 30 - The Centre has urged states to take up reforms for enhancing transparency and efficiency in the minor minerals sector which includes granite and marble, according to a statement issued by the Ministry of Mines on Thursday.
Awfis Space Solutions debuts at 13 per cent over issue price
Mumbai, May 30 - The shares of office space provider company, Awfis Space Solutions, debuted with positive gains on exchanges on Thursday. The company’s shares opened at Rs 435, a 13.58 per cent premium over its issue price of Rs 383 on the
India’s smart TV shipments fell 14 pc in Q1 due to slowdown in demand: Report
New Delhi, May 30 - India’s smart TV shipments dropped by 14 per cent (year-on-year) in the first quarter (Q1) of 2024 due to a slowdown in demand and an inventory build-up at major OEMs (original equipment manufacturers), a new report said on
South Korea, US hold virtual meeting on telemedicine industry
Seoul, May 30 - South Korea held a virtual meeting with the US on Thursday to enhance mutual understanding of their respective telemedicine industries and explore areas of cooperation, officials said.
Sensex falls 314 points amid muted global cues
Mumbai, May 30 - Indian equity indices opened in the red on Thursday following muted global cues.
Samsung’s new chip head vows to regain leadership in global market
Seoul, May 30 - Samsung’s new semiconductor chief pledged on Thursday to restore the company's leadership in the global chip market amid the ongoing transition driven by artificial intelligence (AI).
MediaTek unveils 2 new Dimensity 7300 chips for high-end gaming
New Delhi, May 30 - Chip maker MediaTek on Thursday announced Dimensity 7300 and the Dimensity 7300X, a pair of 4nm chips for high-tech mobile gaming.
Nearly 2,500 leaked Search documents are real, says Google
New Delhi, May 30 - Tech giant Google has admitted that around 2,500 leaked internal documents from its Search feature are authentic.
Smart city technologies expected to become $100 bn industry in 2024: Report
New Delhi, May 29 - Smart city technologies are expected to become a $100 billion industry in 2024 as more and more cities look for innovative solutions for urban challenges, a new report showed on Wednesday.
Sensex falls 667 points on mixed global cues, Nifty drops to 22,704
Mumbai, May 29 - The equity benchmarks in India closed in deep red on Wednesday due to profit booking by investors and mixed global cues – marking a decline for three consecutive days so far this week.
RBI curbs business of 2 Edelweiss Group firms over breach of rules
Mumbai, April 29 - The Reserve Bank of India (RBI) on Wednesday imposed business restrictions with immediate effect on two Edelweiss Group firms -- ECL Finance Limited and Edelweiss Asset Reconstruction Company Limited, citing material supervisory concerns.
Tata Steel Q4 net profit falls 64 per cent, declares dividend of Rs 3.60 per share
New Delhi, May 29 - Tata Steel on Wednesday reported a 64 per cent decline in its consolidated net profit at Rs 611 crore for the January-March quarter of 2023-24 as the company grapples to restructure its loss-making UK business.
India’s cold chain sector turnover expected to scale Rs 5 lakh crore mark by 2030
New Delhi, May 29 - The turnover of India's cold chain sector is expected to scale the Rs 5 lakh crore mark by 2030 or 2032, a senior official of the Commerce and Industry Ministry said on Wednesday.
RBI fines HSBC Ltd for violating norms
Mumbai, May 29 - The Reserve Bank of India (RBI) has imposed a penalty of Rs 36.38 lakh on HSBC Limited for violation of directions on reporting requirements under the Liberalised Remittance Scheme of FEMA.
EET Retail continues to deliver on ambitious expansion plans
Stanlow, May 29 - EET Retail, the retail division of EET Fuels, has reopened two new service stations recently, with more expected to be opened throughout the year ahead.
CCMB, Aganitha to apply Generative AI for therapeutic design, research
Hyderabad, May 29 - The Centre for Cellular & Molecular Biology (CCMB) and Aganitha, a new generation 'in silico' solutions provider, signed a framework agreement to apply Generative Artificial Intelligence (AI) solutions for designing novel therapeutics and research tools addressing needs in multiple
D2C shipments market in India set to reach $2.7 bn by 2028: Report
New Delhi, May 29 - The D2C (direct-to-consumer) market in India is set to hit $2.2 to 2.7 billion by 2028, growing at 35-40 per cent (year-on-year) from 2023 to 2028, a new report said on Wednesday.
Axis Bank partners with Mastercard to launch NFC Soundbox
New Delhi, May 29 - Axis Bank on Wednesday said that it partnered with Mastercard to launch NFC Soundbox. The new soundbox will act as an all-in-one solution that will allow the users to accept Bharat QR, UPI, Tap & Pay and Tap
Menstrual hygiene management is need of the hour: ASSOCHAM CSR Council Chairperson
New Delhi, May 29 - Anil Rajput, Chairperson, ASSOCHAM National CSR Council, addressed the gathering at the Menstrual Hygiene Management Conclave & Awards held in New Delhi on the occasion of Menstrual Hygiene Day, 2024.