Sri Lanka’s All Share Price Index grew by over 25 pct in 2023
Colombo, June 4 - Sri Lanka's All Share Price Index (ASPI) grew by over 25 per cent in 2023 in comparison to the year 2022, Director General of the Securities and Exchange Commission (SEC) Chinthaka Mendis presented the 2023 annual report.
Sensex, Nifty in free fall as counting enters crucial phase
New Delhi, June 4 - The Indian indices went into a free fall on Tuesday with all the sectoral indices led by PSUs trading in deep red, as counting of votes for the Lok Sabha elections entered a crucial phase.
MediaTek joins Arm Total Design to accelerate AI innovation
New Delhi, June 4 - Chipmaker MediaTek on Tuesday announced that it has joined Arm Total Design, an ecosystem that aims to accelerate and simplify the development of products based on Arm Neoverse Compute Subsystems (CSS).
Rs 26 lakh crore investor wealth erased after Sensex tanks 3,690 points
Mumbai, June 4 - Indian equity indices saw a steep fall on Tuesday after early counting trends showed a tough contest between the NDA and the opposition INDIA bloc in the Lok Sabha elections.
Microsoft, KT to jointly develop AI, cloud technologies
Seoul, June 4 - KT Corp, a South Korean telecom company, said on Tuesday it will join hands with US technology giant
Coal production up over 10 per cent in May: Ministry
New Delhi, June 3 - India's coal production reached 83.91 million tonnes (MT) in May, a growth of 10.15 per cent compared to the corresponding period of the previous year's 76.18 MT, the Centre said on Monday.
Adani One, ICICI Bank launch India’s 1st credit cards with airport-linked benefits
Ahmedabad, June 3 - Marking its maiden venture in the financial sector, Adani One on Monday introduced India's first co-branded credit cards with ICICI Bank, along with airport-linked benefits in collaboration with Visa.
Sensex, Nifty open 2 per cent down on counting day
Mumbai, June 4 - Sensex went down over 1,500 points on Tuesday as the Nifty dropped more than 500 points amid early trends on Lok Sabha elections counting day.
Indian stocks on US exchanges surge as Exit Polls indicate big win for BJP
New York, June 4 - The surge in stock prices in India fueled by the Exit Polls showing a big win for the BJP has carried on to the stocks of Indian companies trading in the US.
X user advises to throw Mamaearth products in dustbin, co-founder reacts
New Delhi, June 3 - Reacting to an X user who advised people to throw Mamaearth products in the dustbin, co-founder Ghazal Alagh on Monday said that she would love to address if there was a problem as the products come with her
Nokia, Gati Shakti Vishwavidyalaya to research on transportation, logistics
New Delhi, June 3 - Nokia on Monday signed a Memorandum of Understanding (MoU) with Gati Shakti Vishwavidyalaya (GSV), a Central University under the Ministry of Railways, to pursue research and development opportunities in the areas of transportation and logistics in India.
ONDC clocks all-time high of 8.9 million transactions in May
New Delhi, June 3 - The government-run Open Network for Digital Commerce (ONDC) on Monday said it recorded an all-time high of 8.9 million transactions across retail and ride-hailing segments in May.
Stock markets gain over Rs 12 lakh crore in single day in ‘rare’ phenomenon
Mumbai, June 3 - The Indian stock markets gained over Rs 12 lakh crore, or 3.25 per cent, on Monday as fundamentals, technicals and sentiments turned favourable at the same time, which is a rare phenomenon, experts said.
US-based Baron Capital again increases Swiggy’s valuation to $15.1 bn
New Delhi, June 3 - US-based asset manager Baron Capital has again increased IPO-bound online food delivery platform Swiggy's valuation to $15.1 billion.
Markets shatter all records, mad rush begins for stock programmers after PM Modi’s ‘June 4’ call
Mumbai, June 3 - Shattering previous records, the Indian stock markets on Monday positively responded to Prime Minister Narendra Modi’s prediction that "stock market programmers will get tired dealing with the rush" post-election results, albeit a day early.
Australia seeks inputs on developing ‘new roadmap’ for closer economic engagement with India
New Delhi, June 3 - The Australian government has invited public submissions as it prepares a new roadmap for the country's closer economic engagement with India. The roadmap will not only take stock of Australia's existing economic initiatives with India but also explore
I’m an investor in space startup Agnikul Cosmos: Anand Mahindra
New Delhi, June 3 - Mahindra Group Chairman Anand Mahindra, on Monday, disclosed that he is an investor in space startup Agnikul Cosmos, which last week launched the world's first rocket with a fully 3D-printed engine.
Lenskart raises $200 million from Temasek, Fidelity at $5 billion valuation
Mumbai, June 3 - Eyewear retailer Lenskart has raised $200 million in secondary investment from global investment firms Temasek and Fidelity Management & Research Company (FMR), it was announced on Monday.
UST acquires Endeavor Consulting Group to strengthen its position in life sciences industry
New Delhi, June 3 - Digital transformation solutions company UST on Monday announced the acquisition of supply chain management and product commercialisation consulting player Endeavor Consulting Group for an undisclosed amount.
Mother Dairy hikes milk prices by Rs 2 per litre across all variants
New Delhi, June 3 - Mother Dairy, on Monday, increased milk prices across all variants due to rise in input cost.