Xiaomi crosses Rs 1,000-cr sales for Redmi Note 13 5G series in India
New Delhi, Jan 13 - Global technology brand Xiaomi India has said that its latest Redmi Note 13 series clocked a revenue of Rs 1,000 crore since going on sale on January 10.
India urges US to restore GSP status for duty-free exports
New Delhi, Jan 13 - India has requested the US to restore its status under the Generalized System of Preferences (GSP) program which was scrapped by the former Donald Trump administration in 2019.
Next-gen electric vehicles set to redefine future of sustainable mobility
New Delhi, Jan 13 - The Consumer Electronics Show (CES) 2024, held annually in Las Vegas, has once again pushed the boundaries of electric vehicle (EV) innovation and this year, EVs have taken another leap with an array of groundbreaking concepts.
Elista aims to reach Rs 500 cr in India revenue, ramps up investments, manufacturing
New Delhi, Jan 13 - In order to solidify its presence in the Indian consumer electronics market, leading brand Elista on Saturday said it aims to reach domestic revenue of Rs 500 crore by the end of 2025 while continuing to invest in
BHEL bags Rs 15,000 cr EPC contract from NLC India for Odisha project
Chennai, Jan 13 - Integrated lignite and coal mining and power generation company NLC India Ltd has awarded over Rs 15,000 crore engineering, procurement and construction (EPC) contract to Bharat Heavy Electricals Ltd (BHEL) for 2,400 MW pit head green field thermal power
LG opens 1st overseas EV charger plant in US
Seoul, Jan 13 - LG Electronics has opened its first plant in the U.S. for electric vehicle (EV) charging stations, as part of its strategy to advance into the fast-growing EV charging solutions business.
Two big deals completed by Tata Consumer Products
Mumbai, Jan 12 - In two back to back deals, Tata Consumer Products on Friday stated it will acquire up to 100 per cent stake in Organic India, a Fabindia-owned business that sells tea, infusions, herbal supplements and packaged foods, for Rs 1,900
LIC wins Rs 25,464 Income Tax refund on interim bonus
New Delhi, Jan 12 - In a victory for Life Insurance Corporation (LIC), the Income Tax Department has issued a refund intimation of Rs 25,464.46 crore for seven assessment years.
Most CEOs waiting for GenAI to move past the hype or experimenting in small ways: Report
New Delhi, Jan 12 - Generative AI (GenAI) exploded into the public consciousness in 2023, promising to transform the way business functions. Despite the potential, however, leaders are struggling to convert hype into reality.
Crude oil prices rise after US, UK attack Houthis
London, Jan 12 - Crude oil prices were up more than 2.5 per cent on Friday after the US and the UK launched joint strikes on Houthi targets in Yemen, media reports said.
India’s forex kitty dips by $5.9 billion
Mumbai, Jan 12 - India's foreign exchange reserves fell by $5.9 billion to $617.30 billion during the week ended January 5, according to the RBI data released on Friday.
Industrial growth slumps to 2.4% in November
New Delhi, Jan 12 - India's industrial growth rate slumped to an 8-month low of 2.4 per cent in November from a 16-month high of 11.6 per cent in October, data released by the Ministry of Statistics and Programme Implementation on Friday showed.
‘A contractual obligation’: Wipro on lawsuit against Jatin Dalal
Bengaluru, Jan 12 - Bengaluru based corporate giant Wipro on Friday clarified that there is nothing personal about lawsuits filed against former top officials of the company.
Need for increase in Standard Deduction for salaried taxpayers: Anand Rathi Advisors
New Delhi, Jan 12 - Salaried individuals have not received any additional relief in the form of a standard deduction, as it has remained unchanged for all individuals, regardless of their income levels.
FAA to keep Boeing 737 MAX 9 grounded till further notice
Washington, Jan 13 - The US Federal Aviation Administration (FAA) announced that it will keep Boeing 737-9 MAX grounded for the safety of travellers until extensive inspection and maintenance are conducted and data from inspections is reviewed.
Draft ready, Kerala to bring in policy to emerge as AVGC-XR hub
Thiruvananthapuram, Jan 12 - Billed as a path-breaking initiative, the Kerala Government has proposed to come out with a comprehensive policy on AVGC-XR (Animation, Visual Effects, Gaming and Comics and Extended Reality), a cutting technology domain with immense potential for the state to
Samsung India launches BP, ECG tracking features on Galaxy Watch6 series
New Delhi, Jan 12 - Samsung on Friday launched blood pressure (BP) and electrocardiogram (ECG) tracking features for the Galaxy Watch6 series for the first time in India through an OTA (over-the-air) rollout.
Rupee strengthens further with 11 paise gain vs dollar
Mumbai, Jan 12 - The rupee strengthened further on Friday with a gain of 11 paise to close at 82.90 vis-a-vis the US dollar as bullish foreign funds flowed into the equity markets.
Cruise operator to Lakshadweep sees massive 2,500% jump in booking queries
Chennai, Jan 12 - With awareness about Lakshadweep as a tourist destination increasing among people after Prime Minister Narendra Modi's visit and derogatory remarks by three Maldivian ministers, cruise player Waterways Tourism Private Ltd is having a positive rub off effect.
Wipro logs 1.4% decrease in gross revenue, net income up 1.8% in Q3
Bengaluru, Jan 12 - Software major Wipro Ltd closed the third quarter of FY24 with a lower net profit of about Rs 2,700 crore on a lower revenue.