Business
Read the latest business and finance news — Indian and global markets, banking, real estate, automobiles, startups and economic policy on Siasat.com.
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Starbucks replaces Laxman Narasimhan with Brian Niccol as CEO
Washington: In a surprise move, struggling multinational coffee chain Starbucks on Tuesday announced the appointment of Brian Niccol as chairman and chief executive officer replacing Indian-origin CEO Laxman Narasimhan who is stepping…
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Google brings new Pixel 9 devices with advanced AI to India, expands footprint
New Delhi: Doubling down on its India growth plans, Google on Tuesday unveiled its latest Pixel 9 series of devices with latest AI features for users in the country. To make Pixel…
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India auto sales cross 24.3 lakh units in July, two-wheelers post 12.4 pc growth
Mumbai: The total production of passenger vehicles, three-wheelers, two-wheelers and quadricycle reached 24,37,138 units in July, the Society of Indian Automobile Manufacturers (SIAM) data showed on Wednesday. Passenger vehicles sales were 3,41,510,…
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Swiggy integrates UPI for in-app payment in 5 seconds
New Delhi: Online food delivery platform Swiggy on Wednesday announced the launch of ‘Swiggy UPI’, integrating National Payments Corporation of India’s (NPCI) digital payments solution to deliver faster in-app experience for customers.…
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Sensex trades higher, smallcap and midcap stocks under pressure
Mumbai: The Indian equity indices opened higher on Wednesday as smallcap and midcap stocks saw some pressure in the morning trade. At 9:47 a.m., Sensex was up 154 points or 0.20 per…
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Rupee rises 7 paise to 83.90 against US dollar in early trade
Mumbai: The Indian rupee appreciated 7 paise to 83.90 against the US dollar in early trade on Wednesday, as the American currency retreated from its elevated levels. Forex traders said the US…
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India’s 5G smartphone market share surges 77 pc in Q2
New Delhi: India’s 5G smartphone market share increased to 77 per cent in the second quarter (Q2) — up from 49 per cent in the same quarter last year — while the…
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India Inc saw record 195 deals worth $8.4 billion in July: Report
New Delhi: Showcasing robust investor confidence, India Inc saw impressive 195 deals worth $8.4 billion in the month of July, a 16 per cent jump in volumes, a report said on Tuesday.…
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India as world’s 4th largest refiner moves towards energy self-sufficiency: Minister
New Delhi: India, the world’s fourth largest refiner, is confidently journeying towards energy self-sufficiency under the leadership of Prime Minister Narendra Modi, Petroleum Minister Hardeep Singh Puri said on Tuesday. The Minister…
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Sensex, Nifty decline in early trade; HDFC Bank drags
Mumbai: Equity benchmark indices Sensex and Nifty declined in early trade on Tuesday dragged by blue-chip HDFC Bank and fresh foreign fund outflows. Also mixed trends from global markets failed to give…
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India’s active pharmaceutical ingredients industry to grow 7-8 pc in FY25
New Delhi: Indian active pharmaceutical ingredients (API) industry is set to grow 7-8 per cent in FY25, from an estimated size of $13-$14 billion in 2023, a report said on Monday. The…
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India’s technical consumer goods market logs 11 pc value growth in Jan-June period
New Delhi: Technical consumer goods (TCG) market in India recorded an 11 per cent increase in value and a 1 per cent rise in volume during the first half of 2024, compared…
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Bharti Enterprises to buy 24.5 pc stake in UK’s BT Group for about $4 billion
New Delhi: Bharti Global, the international investment arm of Bharti Enterprises, on Monday said it has reached an agreement to acquire a 24.5 per cent stake in the UK telecommunications giant BT…
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Rupee falls 2 paise to close at 83.97 against US dollar
Mumbai: The rupee consolidated in a narrow range and settled for the day lower by 2 paise at 83.97 (provisional) against the American currency on Monday, as market participants remained on the…
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India’s technical consumer goods market logs 11 pc value growth in Jan-June period
New Delhi: Technical consumer goods (TCG) market in India recorded an 11 per cent increase in value and a 1 per cent rise in volume during the first half of 2024, compared…
