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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Gujarat govt denies Congress’ allegation of proposed policy favouring Adani Ports
Ahmedabad: The BJP government in Gujarat on Wednesday sought to refute Congress leader Jairam Ramesh’s allegation that its proposed policy favours the Adani group, and claimed that it will apply equally to…
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Apple allows in-app NFC transactions for developers with ‘associated fees’
New Delhi: Tech giant Apple on Wednesday said developers will soon be able to offer near-field communication (NFC) contactless transactions using the secure element from within their own apps on iPhone, separate…
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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…
