Business

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Stock markets trade higher in early session

Mumbai: Equity benchmark indices Sensex and Nifty rallied in early trade on Tuesday, April 21, as reports of second round of talks between US and Iran are keeping hopes of resolution to…
Tim Cook to step down as Apple CEO after nearly 15 years

San Francisco: Apple CEO Tim Cook is stepping down from the job that he inherited from the late Steve Jobs, ending a nearly 15-year reign that saw the company’s market value soar…

Meesho allots over 94.79 lakh equity shares to employees under ESOP

New Delhi: E-commerce firm Meesho has allotted nearly 94.8 lakh equity shares to its eligible employees under the company’s employee stock ownership plan. “We wish to inform you that the Nomination and…
Renault Duster gets 5-star safety rating in BNCAP

New Delhi: Renault India on Monday, April 20, said its new Duster SUV has received a 5-star safety rating under the Bharat New Car Assessment program(BNCAP). The new Duster scored a highly…
India LPG consumption slides 13 pc amid West Asia conflict

New Delhi: India’s cooking gas LPG consumption fell by a steep 13 per cent in March as supply disruptions linked to the West Asia conflict hit availability for both household kitchens and…
600 pc gas price spike due to Iran war lit fuse for worker strikes around Delhi

A wave of labour unrest has swept through the industrial belts of Uttar Pradesh and Haryana, with thousands of workers, many of them migrants, walking off factory floors to demand a minimum…
2 pc Dearness Allowance hike for central govt employees approved

New Delhi: The Union Cabinet, chaired by Prime Minister Narendra Modi, on Saturday, April 18, approved a 2 per cent increase in Dearness Allowance (DA) for central government employees effective from January…

Industrial leasing jumps 58 pc in Bengaluru, Chennai, Hyderabad

New Delhi: India’s three major southern cities, Bengaluru, Chennai and Hyderabad, saw a 58 per cent increase in leasing of industrial and warehousing spaces during the January-March period on better demand, according…
Indian refiners settle Iran oil payments in Chinese yuan through ICICI Bank

In a significant, if short-lived, shift in India’s energy trade posture, Indian refiners have been settling payments for Iranian crude oil in Chinese yuan, routed through ICICI Bank’s Shanghai branch. The details…
Forex kitty jumps USD 3.8 bn to reclaim USD 700-bn mark

Mumbai: India’s forex reserves jumped USD 3.825 billion to USD 700.946 billion during the week ended April 10, says RBI. In the previous reporting week ended April 3, the overall reserves had…
India’s smartphone shipments drop 3 pc in Jan-Mar, mark weakest quarter in 6 yrs

New Delhi: Supply-side cost pressures and weak demand took a toll on India’s smartphone shipments, which fell 3 per cent year-on-year in Q1 2026, suffering its weakest quarter in the last six…
Elon Musk’s SpaceX eyes record IPO, bends rules

Adelaide: Elon Musk’s space exploration company SpaceX has filed confidential papers ahead of a planned public company listing on the US NASDAQ stock exchange. The initial public offering (IPO) for the company…
Stock markets trade higher in early trade

Mumbai: Benchmark indices Sensex and Nifty were trading in positive territory in early trade on Friday, April 17, supported by optimism around easing geopolitical tensions and fresh foreign fund inflows. A temporary…
Hyderabad flips the script: Gated societies to sell waste water back to HMWSSB

Hyderabad: In a reversal of the existing arrangement where residents buy water from the city’s utility, the Hyderabad Metropolitan Water Supply and Sewerage Board (HMWSSB) has decided to procure treated wastewater from gated…
BBC to cut 2,000 jobs to slash costs by 10 per cent

London: The BBC said Wednesday, April 15, that it plans to cut up to 2,000 jobs to save 10 per cent of its annual budget , 500 million pounds ($677 million), over…