Rupee edges up against US dollar
Mumbai, Jan 11 - The rupee edged up by 2 paise vis-a-vis the US dollar to close at 83.01 on Thursday, making it the seventh consecutive day of gain for the Indian currency.
Vaishnaw confirms Tata Group’s semiconductor project in Gujarat
Ahmedabad, Jan 11 - Union Minister for Electronics and Information Technology, Ashwini Vaishnaw, announced on Thursday that the Tata Group's upcoming investment in semiconductor fabrication in Gujarat is set to be substantial.
Haryana CM interacts with representatives of 10 companies from Japan, US
Gandhinagar, Jan 11 - Haryana Chief Minister Manohar Lal Khattar on Thursday held one-on-one discussions with representatives of about 10 major companies from Japan and the US, inviting them to invest in the state.
US aviation watchdog to probe Boeing’s quality control
Washington, Jan 12 - The US Federal Aviation Administration (FAA) has formally notified Boeing in a letter that it is conducting an investigation into the American aircraft maker's quality control after the January 5 Alaska Airlines in-flight blowout incident.
Govt cracking down on firms making false eco-friendly claims on products
New Delhi, Jan 11 - The Department of Consumer Affairs is preparing new guidelines to protect consumers from ads making fake environmental claims about products by using terms such as "eco-friendly", "green", "eco-consciousness", "good for the planet" without providing verifiable evidence.
US inflation climbs faster than expected in December
New York, Jan 11 - Inflation in the US rose more than expected in December thanks to a jump in energy and housing costs, underscoring the challenge of taming price pressures within the economy, reports said.
Netflix’s ad tier crosses over 23 mn monthly active users: Report
San Francisco, Jan 11 - Streaming giant Netflix is witnessing strong growth of its advertising-based plan, as the president of advertising, Amy Reinhard, said that the platform has recently crossed more than 23 million global monthly active users, the media reported.
GIFT city has emerged as financial powerhouse: Sitharaman at Vibrant Gujarat Summit
Ahmedabad, Jan 11 - During the second day of the ‘Vibrant Gujarat Global Summit’, Finance Minister Nirmala Sitharaman delivered an overview of Gujarat International Finance Tec-City's (GIFT City) financial ecosystem.
Spot Bitcoin ETFs may follow the footstep of gold ETFs in long run: Experts
New Delhi, Jan 11 - The approval of spot Bitcoin exchange-traded funds (ETFs) in the US not only symbolises a maturing market but also signifies support from regulatory authorities, industry experts said on Thursday.
RIL market cap crosses Rs 18 lakh crore
New Delhi, Jan 11 - Reliance Industries' market capitalisation crossed Rs 18 lakh crore on Thursday as the stock hit a record high.
TCS posts higher profit in Q3, declares interim & special dividend of Rs 27
Chennai, Jan 11 - Software major Tata Consultancy Services Ltd (TCS) on Thursday said that it closed the third quarter of FY24 with higher net profit of Rs11,097 crore.
Infosys closes Q3 with lower profit at Rs.6,113 crore
Chennai, Jan 11 - Software major Infosys Ltd closed the third quarter of FY24 with a consolidated net profit of Rs.6,113 crore, which is 7.2 per cent lower than what it earned for the corresponding quarter of the previous year.
Homegrown social commerce platform DealShare appoints new CEO
New Delhi, Jan 11 - Homegrown social commerce unicorn DealShare on Thursday announced to appoint Kamaldeep Singh as the new CEO of the company.
Ola Electric sold over 8K e-scooters to its parent firm till Dec 2023: Report
New Delhi, Jan 11 - Bhavish Aggarwal-led Ola Electric reportedly sold more than 8,200 scooters to its parent company ANI Technologies till December 2023, which plans to launch and expand its electric bike taxi service in several Indian cities, a media report has
Direct tax collections rise 18% so far in current financial year
New Delhi, Jan 11 - The government’s gross direct tax collections have risen by 16.77 per cent to touch Rs 17.18 lakh crore, as of January 10, in the current financial year, the Central Board for Direct Taxes (CBDT) said on Thursday.
Domestic markets range bound before US inflation data
New Delhi, Jan 11 - In anticipation of inflation data from the US, the Indian market exhibited range-bound trade, Vinod Nair, Head of Research, Geojit Financial Services, said.
Ruby Mills updates on pending litigations and disputes
New Delhi, Jan 11 - Ruby Mills has made a disclosure on January 5 regarding the company petition filed by Shreem Corporation Pvt. Ltd., (through its Resolution Professional), formerly known as Rajput Retail Limited (RRL) against the company concerning disputes between and the
Infosys to acquire semiconductor design company InSemi for Rs 280 crore
Chennai, Jan 11 - Software major Infosys Ltd on Thursday said it will acquire InSemi, a semiconductor design and embedded services provider, for Rs 280 crore.
NTT launches new data centre campus in India
New Delhi, Jan 11 - Global IT infrastructure and services company NTT on Thursday launched its new data centre campus in India.
S.Korea to launch patent infringement probe into China-made smartphone battery
Seoul, Jan 11 - South Korea's trade commission said on Thursday it will launch a probe into alleged patent infringement involving a China-made smartphone battery and battery material.