India ‘sees’ its third unicorn of 2024 in logistics services platform Porter
New Delhi, May 16 - Homegrown logistics services platform Porter has likely become the third unicorn (with valuation of $1 billion and above) in India this year after a fresh internal round.
BMW launches new car under its Shadow Edition in India at Rs 74.9 lakh
New Delhi, May 16 - Luxury carmaker BMW on Thursday launched the new 'X3 xDrive20d M Sport Shadow Edition' in India at an ex-showroom price of Rs 74,90,000.
Global capability centres’ share in Indian IT exports reach 23 pc: Report
New Delhi, May 16 - The global capability centre (GCC) market is growing in India and the overall share of GCCs in total IT exports from India increased from 18 per cent in 2015 to 23 per cent last year, a report showed
‘iPad campaign was a major fumble’: Tim Cook to 22-yr-old Indian student
New Delhi, May 16 - Apple CEO Tim Cook has called the latest iPad Pro advertisement a "major fumble", after it received backlash from social media users.
Blinkit offers ‘free dhaniya’ with veggies, people ask for ‘hari mirch’ too
New Delhi, May 16 - After listening to a user's mother's suggestion who had to pay for ‘dhaniya’ (coriander) on Blinkit while ordering veggies, Zomato's grocery delivery platform has now started to offer ‘free dhaniya’ with vegetables.
ONGC, Oil India to get relief as Centre cuts windfall tax on crude oil
New Delhi, May 16 - The Central government has cut the windfall tax on petroleum crude to 5,700 rupees ($68.34) per metric ton from 8,400 rupees with effect from Thursday, as part of its fortnightly revision that is calibrated with global prices.
Modi govt’s policies resulted in exponential & unprecedented infra creation: FM Sitharaman
New Delhi, May 15 - Finance Minister Nirmala Sitharaman said on Wednesday that Prime Minister Narendra Modi-led government's policies in the last 10 years have resulted in an "exponential and unprecedented" infrastructure creation in the country across the roads, power, railway, ports and
FM Sitharaman reels out data to slam Congress for neglect of infra projects
New Delhi, May 15 - Finance Minister Nirmala Sitharaman on Wednesday reeled out data to slam the erstwhile Congress-led United Progressive Alliance (UPA) government for having "wasted India's economic growth potential between 2004-14 and leaving it among the 'Fragile Five' economies without focusing
Sensex rises 155 points after positive global cues
Mumbai, May 16 - Indian equity benchmarks surged on Thursday, following positive Asian peers and US CPI data, which rose slightly less than expected in April.
Amazon faces 2 lawsuits in US over ‘dark patterns’ as India prepares guidelines
New Delhi, May 16 - As the Indian government aims to curb the use of ‘dark patterns’ on e-commerce platforms, the US state of Arizona has filed two new lawsuits against Amazon, accusing the e-tailing giant of deceiving consumers with "dark patterns."
Jet Airways founder Naresh Goyal’s wife passes away after battling cancer
Mumbai, May 16 - Jet Airways founder Naresh Goyal’s wife Anita Goyal passed away on Thursday morning after suffering from the final stage of cancer.
Adani Energy Solutions acquires Essar’s Mahan-Sipat transmission assets for Rs 1,900 crore
Ahmedabad, May 16 - Adani Energy Solutions Ltd (AESL), on Thursday, announced that it has acquired 100 per cent stake in Essar Transco Ltd for Rs 1,900 crore.
ModiNomics has created over 50 crore jobs, says Anurag Thakur
New Delhi, May 15 - Union Minister and senior BJP leader Anurag Singh Thakur said on Wednesday that the opposition INDI Alliance is making “misleading and hollow” allegations on insufficient jobs in the country as part of their “bogus propaganda” to gain votes
Apple announces new accessibility features for iPhone, iPad
New Delhi, May 15 - Apple on Wednesday announced new accessibility features such as Eye Tracking, Music Haptics, Vocal Shortcuts, and others for iPhone and iPad that will come later this year.
Centre takes up surge in online fake reviews with e-com giants, issues draft quality control order
New Delhi, May 15 - As consumer complaints related to e-commerce platforms surge in the country, the Department of Consumer Affairs on Wednesday held a stakeholder consultation on the protection of consumer interest from online fake reviews.
India’s goods exports post 1.07 pc growth in April despite global uncertainties
New Delhi May 15 - India’s goods exports rose 1.07 per cent to hit almost $35 billion in April despite the uncertainties in the global market due to the economic slowdown and geopolitical tensions, according to figures released by the Union Commerce Ministry
India’s unemployment rate declines in Jan-March quarter
New Delhi, May 15 - The unemployment rate in India's urban areas decreased to 6.7 per cent during January-March 2024 from 6.8 per cent in the same period of the previous year for persons aged 15 and above, reflecting a continued improvement in
India’s electronic goods exports up 25.8 pc YoY in April
New Delhi, May 15 - India’s electronic goods exports increased by 25.8 per cent in the month of April (Year-on-Year), from $2.11 billion in April 2023 to $2.65 billion this year, the Ministry of Commerce and Industry said on Wednesday.
After Mumbai & B’luru, Zomato expands priority food delivery service to 3 more cities
New Delhi, May 15 - Online food delivery company Zomato has now expanded the 'priority food delivery service' to three more cities -- Delhi, Hyderabad and Pune -- after piloting the offering in parts of Mumbai and Bengaluru.
Sensex slumps 117 points, Nifty holds 22,200 amid profit booking
Mumbai, May 15 - Indian equity benchmarks closed in red on Wednesday, following profit booking and sideways trading among global peers.