Business
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Hero Electric unveils new ; to launch in next quarter
New Delhi: Hero Electric on Tuesday unveiled a new two-wheeler Hero Eddy for the domestic market. The electric scooter is easy to manoeuver product that strikes a perfect balance between technology and…
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Lucid to open its first international manufacturing plant in Saudi Arabia
United States (US) based electric car maker Lucid Motors, which is backed by Saudi Arabia’s Public Investment Fund (PIF) has announced to open its first international manufacturing plant in Saudi Arabia. Lucid…
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Explosive governance review findings forced Ashneer Grover to quit
New Delhi: The dramatic midnight resignation of Ashneer Grover ahead of the crucial BharatPe board meeting on Tuesday came as an independent PwC ‘governance review’ found him guilty of financial irregularities worth…
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Ashneer Grover resigns after intense legal battle with BharatPe
New Delhi: After fighting an intense legal battle with the Board of Directors, BharatPe Co-founder and Managing Director Ashneer Grover has finally resigned from the fintech platform. In a letter sent to…
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India’s GDP growth slows to 5.4 pc; economy faces new geopolitical risks
New Delhi: India’s GDP growth slowed to 5.4 per cent in October-December 2021 before the full fury of the third wave of coronavirus infections struck the country and the economy faced fresh…
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Shell pulls out of energy investments in Russia over war
London: Shell says it pulling out of Russia as President Vladimir Putin’s invasion of Ukraine costs the country’s all-important energy industry foreign investment and expertise. Shell announced its intention Monday to exit…
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Rupee crashes 40 paise to 75.73 against US dollar in early trade
Mumbai: The rupee tumbled 40 paise to 75.33 in early trade on Monday, tracking surge in crude prices amid escalating tensions between Russia and Ukraine. At the interbank forex market, the local…
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GDP data, Global trends to impact equity sentiments
Mumbai: Global trends surrounding the evolving Russia-Ukraine crisis as well as key domestic macro-economic data points will set the course for the Indian equity market’s trajectory in the coming week. Besides, investors…
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Bitcoin hovers around $39K amid talks of Russia-Ukraine dialogue
New Delhi: The prices of Bitcoin and other cryptocurrencies somewhat stabilised on Saturday amid possible Russia-Ukraine talks. Bitcoin, which nosedived below $34,000 when the war began on Thursday, was flat on Saturday…
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Chipset market grows 5% as Russia-Ukraine war threatens global supply
New Delhi: Amid the global chip shortage that is going to worsen with the Russia-Ukraine war, a new report has shown that the global smartphone AP (Application Processor)/SoC (System on Chip) chipset…
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Bharti Airtel to acquire Vodafone’s 4.7% stake in Indus Towers
New Delhi: Telecom major Bharti Airtel on Friday said it has entered into an agreement with Vodafone to buy its 4.7 per cent equity interest in Indus Towers. According to Bharti Airtel,…
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BSES Yamuna Power commissions ‘Smart Managed’ EV charging station
New Delhi: In line with its commitment towards green and sustainable practices, BSES Yamuna Power Limited has commissioned Indias first ‘Smart Managed’ EV charging station here, it said in a statement on…
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Indian equities rebound; Sensex closes up over 1,300 pts
New Delhi: India’s key indices — S&P BSE Sensex and NSE Nifty50 — managed to recover some portion of its losses that it suffered the previous day. Thursday’s bloodbath in the financial…
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Equity markets open in green, Sensex up by 792 points
Mumbai: Amidst Russia’s ongoing military operation in Ukraine, equity indices opened in green on Friday with the Sensex up by 791.81 points and Nifty up by 267.70 points. The 30-scrip BSE Sensex…
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Oil on the Boil: Brent races to $105 amid Russia-Ukraine hostilities
New Delhi: Brent-indexed crude oil prices climbed to $105 a barrel on Thursday after Russian President Vladimir Putin announced a military operation in Ukraine. This is the first time since 2014 that…