Business

India-made iPhone shipments may grow 20% globally by 2024: Analyst

New Delhi: The India-made iPhone shipments will grow to 20 to 25 per cent globally by 2024, depending on market conditions, a leading analyst has said. According to Ming-Chi Kuo of TF…
Markets jump in early trade after two days of fall

Mumbai: Equity benchmark indices rebounded nearly 1 per cent in early trade on Thursday after a two-day decline, following a rally in global markets amid the US Fed keeping rates unchanged. The…

Dr Reddy’s named among top 20 employers in pharma globally

Hyderabad: Pharma major Dr. Reddy’s Laboratories Ltd on Wednesday announced that the prestigious Science Magazine has ranked the company among its list of top 20 employers in pharma, biotechnology, and biopharma for…
Tata Steel slips into red; reports Rs 6,511 cr net loss in Sep quarter

New Delhi: Tata Steel on Wednesday reported a consolidated net loss of Rs 6,511.16 crore in the second quarter ended September. It had clocked Rs 1,297.06 crore net profit in the year-ago…
Indian data centre industry to see Rs 45K crore investments by 2026: Report

New Delhi: The Indian data centre industry is likely to attract investments exceeding Rs 45,000 crore over the three fiscals till 2026 as growing demand for data and storage piques the interest…
L&T’s Rs 830cr fabless chip design facility big boost to India’s semiconductor dream

New Delhi: As India doubles down on local semiconductor design and manufacturing, the engineering major Larsen & Toubro (L&T) has announced to invest up to Rs 830 crore to build a fabless…
Spotify exec elected as new Chair of IAMAI’s Public Policy Committee

New Delhi: Music streaming giant Spotify’s Regional Director (APAC) Vineeta Dixit on Wednesday appointed as the new Chairperson of the Internet and Mobile Association of India’s (IAMAI) Public Policy Committee. Sandeep Aggarwal,…

GST collections at Rs 1.72 lakh cr in Oct, second highest-ever

New Delhi: GST collections in October stood at Rs 1.72 lakh crore, the second highest-ever, the finance ministry said on Wednesday. The collections are 13 percent higher than the Rs 1.52 lakh…
Nokia sues Amazon and HP over patent infringement, seeks compensation

San Francisco: Nokia has sued Amazon and HP for patent infringement, saying the two companies illegally used Nokia’s video-related technologies in their services and devices, and has sought compensation. Arvin Patel, Chief…
Ubisoft to shut online services for 10 old games next year

San Francisco: French video game company Ubisoft has announced that it will shut down the online services for 10 of its older games on January 25, 2024. Among the games affected include…
YouTube launches global effort to crack down on users with ad blockers

New Delhi: Google-owned YouTube has doubled down on its effort to crack down on users with ad blockers on its platform globally. An increasing number of YouTube users are now seeing a…
Google launches new ‘.ing’ domain that lets you build website in single word

New Delhi: Google Registry has launched a new domain extension type “.ing” that will let brands and businesses build their website in a single word. Users can now register .ing domains as…
After tomatoes, onion prices hit the sky in UP

Lucknow: After tomatoes, it is now onions that are burning a hole in the pockets of consumers in the festive season. The prices of onions in the retail market have doubled in…
Markets drop in early trade on foreign capital outflows

Mumbai: Equity benchmark indices declined in early trade on Wednesday due to weakness in banking, financial and metal stocks amid unabated foreign fund outflows. Investors preferred to remain on the sidelines ahead…
X’s value sinks below half of Musk’s USD 19 billion acquisition

San Francisco: X Corp has seen its valuation drop to $19 billion — less than half of which Elon Musk bought the social media platform for $44 billion last year. Employees at…