Govt bonds worth Rs 24,000 crore coming up for auctions on Friday
New Delhi, April 15 - The Finance Ministry on Monday announced the sale of government bonds worth Rs 24,000 in two categories.
RBI eases rules on hedging of gold price risk in overseas markets
Mumbai, April 15 - The RBI on Monday eased rules to allow resident entities to hedge their exposures to the price risk of gold using the OTC derivatives in the International Financial Services Centre (IFSC) in addition to the derivatives on the exchanges
Musk’s Tesla announces to cut over 10 per cent of its global workforce
San Francisco, April 15 - Elon Musk-run Tesla has announced to lay off more than 10 per cent of its global workforce in an internal company-wide email, a media report said on Monday.
Geopolitical situation, rise in crude & metal prices, heat wave to edge up WPI inflation: Economists
Chennai, April 15 - Even though higher food prices resulted in the Wholesale Price Index (WPI) inflation rising to 0.53 per cent in March, a positive outlook for agricultural production and food inflation can be expected, said a top economist at CARE Ratings.
Yolohealth awareness campaign gathers steam, two-day camp at Birla Mandir sensitises citizens
New Delhi, April 15 - A large number of diseases are inflicting havoc on our citizens and a bigger worry is that many of them eschew preventive solutions.
TCS announces new delivery centre in Brazil, to create 1,600 new jobs
New Delhi, April 15 - Tata Consultancy Services (TCS) on Monday announced a new delivery centre in Brazil that will create more than 1,600 new job opportunities over the next five years.
India’s merchandise trade deficit dips to 11-month low of $15.6 billion in March
New Delhi, April 15 - India's merchandise trade deficit narrowed to an 11-month low of $15.6 billion in March compared to $18.71 billion in February as there was a significant decline in imports during the month, figures released by the Commerce Ministry on
Ola Electric cuts prices of S1 X range of e-scooters, to start from Rs 69,999
New Delhi, April 15 - Bhavish Aggarwal-led Ola Electric on Monday announced new prices for its S1 X range of e-scooters along with the delivery details.
Shareholders approved rights issue to tackle cash crunch: Byju’s
Bengaluru, April 15 - Edtech firm Byju’s on Monday said that its shareholders have approved the rights issue, paving the way for its parent company Think & Learn Private Limited to issue fresh shares and conclude the rights issue aimed at tackling the
US to provide $6.4 bn in CHIPS Act grants to Samsung
Washington, April 15 - The US government on Monday announced a plan to award Samsung Electronics up to $6.4 billion in grants to support the tech giant's chipmaking investment in Texas.
NFRA finds Reliance Capital joint auditor guilty of Rs 12,571 crore fudge in 2018-19
New Delhi, April 15 - National Financial Reporting Authority (NFRA) has held the joint auditor of Reliance Capital guilty of professional misconduct for deliberately overlooking the Price Waterhouse (PW) report of suspected fraud regarding loans and investments amounting to approximately Rs 12,571 crore
Ambuja Cements acquires My Home Group’s 1.5 MTPA cement unit in TN for Rs 413.75 cr
Ahmedabad, April 15 - In a bid to enhance coastal footprint across southern markets, the Adani Group’s building material company Ambuja Cements on Monday announced to acquire My Home Group's 1.5 MTPA (million tonnes per annum) cement grinding unit in Tuticorin, Tamil Nadu,
Rising global risks could delay RBI rate cuts, say analysts
New Delhi, April 15 - Rising global risks, including the rise in crude oil prices, may delay RBI’s rate cuts, analysts said.
TRAI recommendations to help startups develop India-made products: Industry body
New Delhi, April 15 - The latest recommendations by the Telecom Regulatory Authority of India (TRAI) on ‘Regulatory Sandbox’ would assist startups and entrepreneurs in building indigenous solutions and products, facilitate the development of new original equipment manufacturers (OEMs) and boost investments, the
Hiring for AI, ML roles in India continued to grow in March: Report
New Delhi, April 15 - Hiring for artificial intelligence (AI) or machine learning (ML) job roles in India continued to witness momentum, with a 12 per cent increase in new job creation reported in March this year when compared to the same month
Gold price rises amid escalating Middle East tensions
New Delhi, April 15 - Gold price rose on the Multi Commodity Exchange (MCX) on Monday tracking the global market for the precious metal which firmed up amid the worsening geopolitical crisis in the Middle East region following Iran’s drone and missile attack
Byju’s CEO Arjun Mohan quits, company to consolidate biz in 3 units
New Delhi, April 15 - In an abrupt move, Arjun Mohan, who was elevated as the embattled edtech firm Byju's CEO just about seven months back, has quit to pursue other opportunities, the company confirmed on Monday.
Global smartphone sales up 7.8 pc, Samsung clinches top spot from Apple
San Francisco, April 15 - Samsung clinched the top spot in the smartphone market from Apple in the first quarter (Q1) of 2024, preliminary data from global research firm IDC said on Monday.
Liquidity from global equity markets fuelling fresh investment in gold
New Delhi, April 14 - The risk on trade in global markets is witnessing a huge rally in equities as well as gold.
Hyundai Motor & Kia set to top $72 billion in combined market cap
Seoul, April 14 - The combined market capitalisation of Hyundai Motor and Kia is widely expected to surpass the 100 trillion-won ($72.2 billion) mark this year, according to industry watchers.