Bosch posts 62% jump in net profit, declares interim dividend of Rs 205 a share
New Delhi, Feb 13 - Auto components major Bosch Ltd on Tuesday reported a 62 per cent jump in net profit at Rs 518 crore for the October-November quarter of the current financial year compared to the corresponding figure of Rs 318.9 crore
Nifty bounces back on benign inflation numbers
Mumbai, Feb 13 - Nifty bounced back from Monday's losses after India’s CPI inflation came in at a three-month low of 5.10 per cent, said Siddhartha Khemka, Head of Retail Research at Motilal Oswal Financial Services.
Low single-digit growth likely for India’s smartphone market in 2024: IDC
New Delhi, Feb 13 - India's smartphone market shipped 146 million smartphones in 2023, with a nominal 1 per cent growth (year-over-year), a new report said on Tuesday, indicating a flat to low single-digit annual growth for the smartphone market this year.
Info Edge logs profit backed by non-recruitment biz verticals in Q3 FY24
New Delhi, Feb 13 - Info Edge India Limited, the parent company of Naukri.com, on Tuesday reported 7.2 per cent growth in its revenue from operations at Rs 595.4 crore for the quarter ended Dec 31, 2023 as compared to Rs 555.2 crore
Pak stock market slumps for third straight session as investors seek political clarity
Karachi, Feb 13 - The Pakistan Stock Exchange (PSX) continued to slide for the third consecutive session on Tuesday since the February 8 general elections, as lack of political clarity post polls saw the benchmark KSE-100 index shed close to 1,400 points, a
Centre sanctions Rs 1,742 crore for 4-lane highway in Mizoram
New Delhi, Feb 13 - Minister of Road Transport & Highways Nitin Gadkari has approved an outlay of Rs. 1742.11 crore for the construction of the 4-lane N. Kawnpui (N.Mualvum) – Sairang section on NH-6, situated along the Silchar –Valrengte – Sairang road
Gadkari approves Rs 382 crore highway project for Assam
New Delhi, Feb 13 - Minister of Road Transport & Highways Nitin Gadkari on Tuesday sanctioned Rs 382.10 crore for the construction of a new 2-lane highway with paved shoulders connecting Majuli and Jorhat on the recently designated NH 715K in Assam.
Funding into Karnataka-based tech startups falls 72% to $3.4bn
Bengaluru, Feb 13 - Total funding into Karnataka-based tech startups sharply fell 72 per cent to $3.4 billion in 2023, from $12.2 billion in 2022, a new report said on Tuesday.
BHEL reports net loss of Rs 163 crore for Oct-Dec quarter
New Delhi, Feb 13 - Bharat Heavy Electricals Ltd on Tuesday reported a standalone net loss of Rs 163 crore for the October-December quarter of the current financial year.
Nepal importing over 3 lakh roses from India for Valentine’s Day
Kathmandu, Feb 13 - As demand for red roses surge ahead of the Vakentine's day, Nepal is importing over 3 lakh stems of long-stem roses from India.
Samsung partners Princeton University for 6G network tech
Seoul, Feb 13 - The South Korean giant said on Tuesday that Samsung Research America (SRA), its research and development organisation, has partnered with Princeton University in the US to jointly develop next-generation 6G network technologies.
Govt sets ball rolling for local manufacturing of Advanced Chemistry Cells in big push to green energy
New Delhi, Feb 13 - The Union Ministry of Heavy Industries (MHI) has set the stage for a second round under the Production Linked Incentive (PLI) scheme for the manufacturing of Advanced Chemistry Cells (ACC) in the country.
Sensex gains 500 points led by private sector banks
New Delhi, Feb 13 - BSE Sensex is up more than 500 points in afternoon trade on Tuesday led by private sector banks.
Google Meet rolls out ‘companion mode’ on Android, iOS devices
New Delhi, Feb 13 - Google has rolled out its second screen “companion mode” to the Meet app on Android and iOS.
Aircraft engine maker Pratt & Whitney sets up new digital capability centre in Bengaluru
Chennai, Feb 13 - Global aircraft engine manufacturer Pratt & Whitney on Tuesday said it has established its new India Digital Capability Centre (IDCC) in Bengaluru.
Norden Communication partners C-DAC to make thermal cameras used by security agencies
New Delhi, Feb 13 - Norden Communication on Tuesday announced it has tied up with the Centre for Development and Advanced Computing (C-DAC) to develop AI-based general purpose thermal cameras, which are for security purposes and other industrial applications.
Freshers’ hiring intent up 6 per cent in India, E-com & tech startups lead
New Delhi, Feb 13 - The intent for hiring freshers in India has increased to 68 per cent in the first half (HY1) of 2024 (January-June 2024), up six per cent from HY1 2023, with e-commerce and tech startups leading, a new report
Hindalco shares slump 13 per cent after Novelis results
New Delhi, Feb 13 - Hindalco Industries shares slumped 13 per cent on Tuesday after its subsidiary, Novelis reported a project escalation cost for its Bay Minette plant.
Shruti Gupta to head Visa’s commercial & money movement solutions in India, S. Asia
Mumbai, Feb 13 - Digital payments giant Visa on Tuesday announced the appointment of Shruti Gupta as Vice President and Head, commercial and money movement solutions (CMS), for India and South Asia.
India is Bangladesh’s largest export destination in Asia: Indian High Commissioner
Dhaka, Feb 13 - Indian High Commissioner to Bangladesh Pranay Verma said New Delhi was today Dhaka's largest export destination in Asia, and hoped that better connectivity links and new measures like trade in Indian Rupee will further enhance exports to India.