Historic day for Indian stock market, Nifty closes above 25,000 for first time
Mumbai, Aug 1 - Indian frontline indices closed at a record high on Thursday due to positive sentiment in the market.
Adani Enterprises Ltd posts 116 pc net profit growth at Rs 1,458 crore in Q1
Ahmedabad, Aug 1 - Adani Enterprises Ltd (AEL) on Thursday reported a robust net profit of Rs 1,458 crore in the April-June quarter, an impressive 116 per cent growth from the same quarter last fiscal.
UPI transactions surge 35 pc to reach Rs 20.64 lakh crore in July: NPCI
New Delhi, Aug 1 - The Unified Payments Interface (UPI)-based transactions surged once again in the month of July, reaching Rs 20.64 lakh crore against Rs 20.07 lakh crore in the previous month – a massive 35 per cent surge (year-on-year), the data
Ambuja Cements clocks sustainable performance in Q1, to expand footprint in new geographies
Ahmedabad, July 31 - Cement and building materials major Ambuja Cements on Wednesday reported sustainable quarterly results for the April-June quarter, with operating EBITDA at Rs 1,280 crore and PAT at Rs 790 crore.
India best performer among top 5 stock markets, mcap reaches over $5.5 trillion
Mumbai, July 31 - India is the best-performing stock market among the top five globally, and it delivered over 25 per cent return (in terms of market cap) from the beginning of 2024.
Six crore ITRs filed in 2023-24, 70 pc under new tax regime
New Delhi, July 31 - Around six crore income tax returns have been filed in 2023-24, of which 70 per cent were filed under the new simplified tax regime which offers a lower rate of tax but fewer deductions, Revenue Secretary Sanjay Malhotra
FM Sitharaman slams Oppn’s ‘misleading campaign’ on Budget 2024, cites UPA-era figures
New Delhi, July 30 - Finance Minister Nirmala Sitharaman on Tuesday reiterated her defence of the Union Budget 2024-2025 and said that the government didn’t ‘discriminate’ between BJP and non-BJP states, as claimed by the Opposition parties.
YouTube says providing Indian creators new ways to generate revenue, unlock ‘fandoms’
New Delhi, July 30 - Google-owned YouTube is helping Indian creators unlock 'fandoms' in three ways -- creation, monetisation and community – allowing them new tools to generate revenue directly from dedicated fans, Ishan John Chatterjee, Director-India, YouTube, said on Tuesday.
Govt policy push to drive e-bus sales to 6K-6.5k this fiscal: Report
Mumbai, July 30 - Electric bus (e-bus) sales in India will rise by 75 to 80 per cent on a year-on-year basis due to policy push by government authorities, a report said on Tuesday.
Indian spacetech startups witness record-breaking funding amid govt push
Bengaluru, July 30 - India’s spacetech sector witnessed record-breaking funding of $126 million in 2023 -- a 7 per cent increase from the $118 million raised in 2022 and a whopping 235 per cent increase from $37.6 million in 2021, a report showed
India fastest-growing market, offers huge opportunity for us: Top Samsung executive
New Delhi, July 30 - Signalling the growing importance of India for the South Korean giant, Jong-Hee (JH) Han, Vice Chairman, CEO and Head of the Device eXperience (DX) Division at Samsung Electronics, said on Tuesday that the country is one of the
AI & robotics firms dominate office space absorption in Bengaluru in Q2: Report
Bengaluru, July 30 - Rapid global advancement in artificial intelligence has spurred demand for office space, and AI and robotics companies accounted for 21 per cent of the city's absorption in the April-June quarter, a report said on Tuesday.
Uzbekistan proposes development of new types of tourism
Tashkent, July 30 - The Agency for Strategic Reforms under the President of the Republic of Uzbekistan in cooperation with the State Committee for Tourism, has prepared a draft resolution on the development of tourism in Uzbekistan, the agency press service reported.
India warehousing space demand skyrockets amid robust manufacturing: Report
Mumbai, July 30 - Amid growing demand from the manufacturing sector, warehouse transactions across eight primary markets in India were recorded at 23 million square feet in the first half this year, a report showed on Tuesday.
India-made telecom equipment now being exported to more than 100 nations
New Delhi, July 30 – Designed and manufactured in India, telecom equipment are now being exported to over 100 countries, the Centre has informed. Last year, the country exported telecom equipment and services worth more than $18.2 billion. “Many of our homegrown telecom
Took responsible approach to train our AI models: Apple
San Francisco, July 30 - Tech giant Apple has responded to certain allegations regarding its AI models, saying it takes precautions at every stage — including design, model training, feature development, and quality evaluation — to identify how its AI tools may be
Allegations by MapMyIndia false, misleading: Ola Electric
New Delhi, July 29 - Ola Electric on Monday said that allegations made by CE Info Systems Ltd, the parent company of MapMyIndia, in a legal notice against the EV firm are false and misleading.
‘Excited for future collaborations’: Gautam Adani after meeting FedEx CEO
New Delhi, July 29 - Gautam Adani, Chairman of the Adani Group, on Monday had an "insightful meeting" with FedEx CEO Rajesh Subramaniam, adding that he is "excited" about future collaborations with the global logistics company.
India is leading global digital revolution: RBI report
Mumbai, July 29 - India is leading the global digital revolution, emerging as a frontrunner on the back of its robust digital public infrastructure, a vibrant financial technology (FinTech) ecosystem, and a conducive policy environment to emerge as the fastest-growing digital economy in
We’re raising capital for cell manufacturing, research & development: Ola Electric
New Delhi, July 29 - Ola Electric Mobility on Monday said they are raising capital via an initial public offering (IPO) to invest in cell manufacturing and further research and development.