Global Capability Centres record 48 pc rise in transaction volumes in India in H1 2024
Mumbai, July 4 - With improving business sentiments in India, Global Capability Centres (GCCs) recorded an increase of 48 per cent in transaction volumes from 6.6 million square feet in the first half of last year to 9.8 million square feet in H1
IIT-Madras partners with industry players to offer employability-focussed programmes
New Delhi, July 4 - The Indian Institute of Technology (IIT) Madras on Thursday said that it has partnered with multiple industries to offer employability-focussed programmes on ‘SWAYAM Plus’.
Sensex closes above 80,000 for first time, Nifty at 24,302
Mumbai, July 4 - Indian equity indices closed with marginal gains on Thursday following a volatile session. Sensex and Nifty made a new all-time high of 80,392 and 24,401 respectively, but the markets were unable to hold onto the higher levels as the
India sees highest-ever office space transactions with 33 pc growth in Jan-June period
Mumbai, July 4 - India’s office market clocked the highest-ever transaction volume in the January-June period this year at 34.7 million square feet across the top eight cities, a report showed on Thursday.
Put mechanisms in place to prevent market abuse, fraud: SEBI tells stock brokers
Mumbai, July 4 - In another bid to instill investors’ confidence in the stock markets, the Securities and Exchange Board of India (SEBI) on Thursday asked brokers to have a proper mechanism to prevent and detect market abuse as well as fraud.
Optiemus to invest Rs 140 cr to create fleet of 5,000 drones by 2025 end
New Delhi, July 4 - Optiemus Unmanned Systems (OUS), a subsidiary of homegrown telecommunications and electronics manufacturing company Optiemus Infracom Limited, said on Thursday that it will invest Rs 140 crore and offer a pioneering model of 'Drone as a Service' for the
realme ushers in new era of smartphone photography with ultra clear camera, AI in 13 Pro Series 5G
New Delhi, July 4 - The world of smartphone photography has been democratised by AI and machine learning, putting professional-level results within everyone's reach.
Finance Ministry declares 7.1 pc interest rate for Central govt staff PF schemes
New Delhi, July 4 - The Finance Ministry has announced a 7.1 per cent interest rate for the Central government employees’ General Provident Fund (GPF) and other similar provident fund schemes for the July-September quarter.
AstraZeneca to expand its Chennai GCC at Rs 250 crore outlay
Chennai, July 4 - AstraZeneca India Private Limited (AZIPL), the Global Capability Centre (GCC) of the pharma group AstraZeneca on Thursday said it will invest Rs 250 crore on expanding its Global Innovation and Technology Centre (GITC) here.
OnePlus confirms top-level rejig at India operations; Robin Liu back
New Delhi, July 4 - Smartphone company OnePlus on Thursday confirmed the return of veteran Robin Liu to head its India operations amid an internal reshuffle.
India one of the most active countries for Meta’s Threads globally
New Delhi, July 4 - Meta (formerly Facebook) on Thursday said that India is one of the most active countries for Threads globally.
Electric 2-wheelers see growth in last 2 months, Ola Electric loses market share: Report
New Delhi, July 4 - The electric vehicle (EV) penetration improved in the Indian two-wheeler (2W) sector over the last two months after incentives almost halved in April, a report said on Thursday, adding that Ola Electric lost market share while TVS Motor
Bengaluru sees 57 pc jump in residential prices in last 5 years: Report
Bengaluru, July 4 - India’s Silicon Valley saw average residential prices surge by 57 per cent in the last five years and considering the current trends, residential launches and sales in the city are expected to rise by 10-15 per cent by the
Suzuki’s Next Bharat Ventures launches Rs 340 cr fund for social impact startups
New Delhi, July 4 - Japanese automobile company Suzuki Motor Corporation's subsidiary Next Bharat Ventures IFSC Private Limited on Thursday launched a Rs 340 crore investment fund -- Next Bharat -- that aims to act as a growth catalyst for the social impact
Indian FMCG sector to see revenue jump 7-9 pc this fiscal, rural demand surges
New Delhi, July 4 - Riding on higher volume growth, revival in rural demand and steady urban growth, the fast-moving consumer goods (FMCG) sector in India is projected to see revenue grow 7-9 per cent this fiscal (FY25), said a report on Thursday.
Increased funding from domestic sources vital to drive India’s startup movement: Amitabh Kant
New Delhi, July 4 - To drive India's startup movement, increased funding from domestic sources is required, G20 Sherpa and former NITI Aayog CEO Amitabh Kant said on Thursday.
Users will be able to make UPI payments to UAE merchants now
New Delhi, July 4 - The Indian Government has been pushing UPI globally for faster digital payments. Now, UPI will be available in the Middle East country UAE as well.
Global survey ranks India among top three most optimistic nations
New Delhi, July 4 - A new global survey has ranked India among the top three most optimistic nations, along with Singapore and Indonesia, based on the economic outlook of the people interviewed across various countries.
95 pc of Indian firms see positive returns from data streaming investments: Report
New Delhi, July 4 - About 95 per cent of India’s IT leaders with experience in data streaming reported a remarkable 2 to 10 times return on investment (ROI) from their data streaming initiatives, underscoring the critical role of real-time data in the
Cement volumes to grow 7-8 pc in FY25, top 5 firms to solidify market share
New Delhi, July 4 - Driven by the sustained healthy demand from the infrastructure and housing sectors, cement volumes in the country are projected to rise by a healthy 7-8 per cent (year-on-year) in the current fiscal (FY25), a report showed on Thursday.