RIL market cap crosses Rs 18 lakh crore

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.

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TCS posts higher profit in Q3, declares interim & special dividend of Rs 27

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.

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Infosys closes Q3 with lower profit at Rs.6,113 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.

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Homegrown social commerce platform DealShare appoints new CEO

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.

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Ola Electric sold over 8K e-scooters to its parent firm till Dec 2023: Report

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

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Direct tax collections rise 18% so far in current financial year

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.

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Domestic markets range bound before US inflation data

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.

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Ruby Mills updates on pending litigations and disputes

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

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Infosys to acquire semiconductor design company InSemi for Rs 280 crore

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.

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NTT launches new data centre campus in India

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.

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S.Korea to launch patent infringement probe into China-made smartphone battery

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.

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NCLT reserves order on Reliance Capital Resolution Plan approval

NCLT reserves order on Reliance Capital Resolution Plan approval

Mumbai, Jan 11 - The NCLT Mumbai has reserved its order on the approval of IIHL's resolution plan for the Reliance Capital. While reserving the order, the NCLT has said that the order will be delivered within a month. The Rs 9,861 crore

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With 4.88 mn passengers, Dec clocked max 2023 monthly traffic at Mumbai airport

With 4.88 mn passengers, Dec clocked max 2023 monthly traffic at Mumbai airport

Mumbai, Jan 11 - The Chhatrapati Shivaji Maharaj International Airport (CSMIA) notched its highest monthly traffic for 2023 in December when over 4.88 million passengers travelled, an official said here on Thursday.

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InMobi plans to lay off 125 workers in 2nd round of job cuts

InMobi plans to lay off 125 workers in 2nd round of job cuts

New Delhi, Jan 11 - Softbank-backed mobile advertising giant InMobi is planning to lay off 125 employees from its global workforce of 2,500 in its second round of job cuts.

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Meta faces new EU complaint over ‘pay for privacy’ consent

Meta faces new EU complaint over ‘pay for privacy’ consent

London, Jan 11 - Privacy rights advocacy group noyb on Thursday filed a new complaint against Meta, alleging that the social media platform unlawfully ignores the users’ right to easily withdraw consent and asks them to pay.

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Indian online delivery platforms served 65 lakh food orders on New Year’s Eve

Indian online delivery platforms served 65 lakh food orders on New Year’s Eve

New Delhi, Jan 11 - There were 65 lakh online food delivery orders from Zomato, Swiggy and others on the New Year's Eve 2023, setting a record and delivering 18 per cent higher volumes than the New Year's Eve 2022, a report showed

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Customer benefits being kept in mind while regulating Fintechs: RBI Guv

Customer benefits being kept in mind while regulating Fintechs: RBI Guv

Mumbai, Jan 11 - Reserve Bank of India (RBI) Governor Shaktikanta Das said on Thursday that post-pandemic digital lending has seen an exponential rise in India and at the same time, it has also raised a host of business conduct issues on which

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Yogi launches Indigo’s air service between Ayodhya and Ahmedabad

Yogi launches Indigo’s air service between Ayodhya and Ahmedabad

Lucknow, Jan 11 - Uttar Pradesh Chief Minister Yogi Adityanath on Thursday virtually launched Indigo Airlines' direct air service between Ayodhya and Ahmedabad at an event held at his official residence.

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71% of Indian smartphone users open to switching devices based on OS experience: Report

71% of Indian smartphone users open to switching devices based on OS experience: Report

New Delhi, Jan 11 - About 71 per cent of Indian smartphone users are open to exploring and potentially changing their device based on the OS (operating system) experience offered, a new report revealed on Thursday.

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Ayodhya airport to follow ‘drop-and-move’ policy on Jan 22

Ayodhya airport to follow ‘drop-and-move’ policy on Jan 22

Lucknow, Jan 11 - In view of the fact that the newly inaugurated Ayodhya airport will witness unprecedented rush on January 22 when the Pran Pratishtha ceremony takes place at the Ram temple, concerned officials have decided to adopt the ‘drop-and-move’ policy.

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