IPO-bound FirstCry files DRHP, aims to raise Rs 1,816 cr
New Delhi, Dec 28 - Mother and child care e-commerce platform FirstCry on Thursday filed its draft red herring prospectus (DRHP) with the market regulator SEBI, seeking to raise Rs 1,816 crore via fresh issue of shares.
Oil and gas stocks gain led by HPCL
New Delhi, Dec 28 - Oil and gas stocks are up in trade on Thursday led by HPCL which gained more than 6 per cent.
HUDCO up 18% after investment MoU with Gujarat govt
New Delhi, Dec 28 - Shares of HUDCO are up more than 18 per cent in trade on Thursday after the PSU company signed an MoU with Gujarat government for investment of Rs 14500 crore.
India’s coal output rises 12.3% to 664.37 mn tonnes in FY 2023-24
New Delhi, Dec 28 - The country's coal production has shot up to 664.37 million tonnes (MT) during the current financial year (April 2023 to December 25) which is robust 12.29 per cent increase over the corresponding figure of 591.64 MT for the
Oil prices stabilise as Red Sea transport disruptions ease
New Delhi, Dec 28 - Oil prices steadied after falling sharply in the previous session, as concerns eased about shipping disruptions along the Red Sea route even as tensions in the Middle East continued to rise, media reports said.
Periscope Lens setting new trends in flagship-level smartphones
New Delhi, Dec 28 - Over the years, smartphone cameras have undergone a remarkable evolution. What started as simple devices for capturing basic images have now transformed into sophisticated systems capable of professional-grade photography.
Market’s volatility index surges
New Delhi, Dec 28 - VIX is now much above when Nifty plunged to sub 19000 levels in late October, warning that the volatility expectations are significantly higher now said Anand James, Chief Market Strategist at Geojit Financial Services.
Zomato stock down after Rs 400 cr show-cause notice for GST dues
New Delhi, Dec 28 - Zomato shares were trading more than 4 per cent down on Thursday morning after it received Rs 400 crore show-cause notice from the goods and services tax (GST) authorities over unpaid dues collected as "delivery charges".
HTech geared up to expand HONOR ecosystem of products in India in 2024
New Delhi, Dec 28 - HTech is all set to expand HONOR’s portfolio in the country and include various Artificial Intelligence of Things (AIoT) products to build a comprehensive suite of new smart devices. The first product will be ‘HONOR CHOICE EARBUDS X5’,
Infosys accuses Cognizant of unethical poaching
Bengaluru, Dec 27 - Bengaluru-based tech giant Infosys has accused major rival tech company Cognizant of unethical poaching tactics and also sent an official letter in this regard, sources said on Wednesday.
912 cr merchant transactions on Paytm in Q2FY24; Delhi makes most payments from 12-6 a.m.
New Delhi, Dec 27 - One97 Communications Limited (OCL), which owns Paytm, said on Wednesday that a whopping 912 crore merchant payments were made using the leading financial and payments provider in the second quarter (Q2) of FY24.
Apple resumes Watch Series 9, Ultra 2 sales after US ban halted
San Francisco, Dec 28 - Apple has resumed the sale of Watch Series 9 and Ultra 2 at some of its retail stores in the US, after an appeals court paused the ban on the devices amid an ongoing patent dispute case.
RBI approves C.S. Rajan as part-time Chairman of Kotak Mahindra Bank
Mumbai, Dec 27 - Kotak Mahindra Bank said on Wednesday that the RBI has approved the appointment of C.S. Rajan, Independent Director of the bank, as the Part-time Chairman, for a period of two years with effect from January 1, 2024.
Govt hikes MSP for copra
New Delhi, Dec 27 - The government has hiked the minimum support price (MSP) of milling copra by Rs 300 per quintal and ball copra by Rs 250 per quintal for the 2024 season, according to an official statement on Wednesday.
CCEA okays Rs 2,487cr highway project for Tripura
New Delhi, Dec 27 - The Cabinet Committee on Economic Affairs (CCEA), chaired by Prime Minister Narendra Modi, has given its approval for a Rs 2,486.78 crore project to widen and improve to two-lane the 135 km road from Khowai to to Harina
Indians travel 64 mn kms in Uber EVs in 2023, Saturdays most popular
New Delhi, Dec 27 - Indians travelled 64 million kms in Uber EVs through the year, spending a total of 3.9 million hours and helping build a greener future, the ride-hailing platform said on Wednesday.
59% of Indian employees say ready to embrace AI: Report
New Delhi, Dec 27 - Around 59 per cent of employees in India are confident in their ability to adapt and utilise artificial intelligence (AI) tools, indicating that there is likely to be widespread acceptance of AI at work next year, a report
Nifty, Sensex soar to record highs as global markets rally
Mumbai, Dec 27 - The benchmark indices soared to record highs on Wednesday with the Sensex up almost 1 per cent, or 701 points, at 72,038.43, and Nifty hitting a new high of 21,654.75, registering an increase of 1 per sent or 213
Bulls back with a bang, Sensex tops 72K-mark for first time
Mumbai, Dec 27 - With a massive rally of 701 points, Sensex soared to new highs by crossing the 72,000 points mark for the first time on Wednesday.
Centre directs social media subsidiaries to ban ads of illegal betting, loan apps
New Delhi, Dec 27 - The Centre on Wednesday said that it has directed social media subsidiaries and online platforms to actively prohibit and remove illegal loan and betting apps under the existing IT Rules.