Business
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Uber starts subscription plans for auto drivers, bins commission model
Leading ride-hailing platform Uber has shifted to a software-as-a-service (SaaS) subscription-based model for its auto drivers, from a commission-based model. A notification on the Uber app informed users that starting February 18,…
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SBI pegs India’s GDP growth at 6.3 pc for Q3 of 2024-25
New Delhi: SBI economists have pegged India’s GDP growth at 6.2-6.3 per cent for Q3 (October-December) of 2024-25 driven by buoyant demand and Capex trends along with the increase in EBIDTA and…
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Ola Electric sees dip in VAHAN registrations in Feb
New Delhi: Ola Electric Mobility Limited is expected to see a decline in VAHAN registrations for February and the company’s sales remain steady, according to the company’s exchange filing on Wednesday. The…
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Indian stock market opens lower, pharma stocks drag
Mumbai: The Indian benchmark indices opened lower on Wednesday amid mixed global cues as selling was seen in the pharma and IT sectors in the early trade. At around 9.31 am, Sensex…
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Samsung decides to cancel over USD 2 billion worth of treasury stocks
Seoul: Samsung Electronics said on Tuesday it has decided to cancel 3 trillion won ($2.01 billion) worth of treasury stocks as part of its buyback plan to enhance shareholder value. Around 50.1…
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India, Qatar ink MoUs to strengthen economic ties
New Delhi: Commerce and Industry Minister Piyush Goyal announced on Tuesday that two MoUs have been signed between the Qatari Businessmen Association (QBA) and Confederation of Indian Industry (CII) and another between…
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Indian stock market opens lower, Nifty below 22,900
Mumbai: The Indian benchmark indices opened lower on Tuesday as selling was seen in the PSU bank, metal and realty sectors in the early trade. At around 9.37 am, Sensex was trading…
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‘We borrow to build’, says FM Sitharaman
Mumbai: Finance Minister Nirmala Sitharaman on Monday said that Prime Minister Narendra Modi-led government’s “big shift in Budget-making” is ensuring a responsible approach to handling taxpayers’ money which is reflected in borrowings…
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Indian stock market opens lower, Nifty below 22,850
Mumbai: The Indian benchmark indices opened lower on Monday amid mixed global cues as selling was seen in auto, IT and PSU bank sectors in the early trade, as the upcoming reciprocal…
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Foreign holdings of South Korean stocks at lowest level amid Trump tariff woes
Seoul: Despite the recent upbeat stock market, foreign ownership of South Korean shares has fallen to the lowest level in nearly one and a half years, data showed on Sunday. Foreign investors’…
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Long queues outside New India Co-operative Bank after RBI imposes restrictions
Mumbai: The Reserve Bank of India’s (RBI) restrictions on New India Co-operative Bank, located in Bandra, Mumbai, have triggered panic among customers, who are now unable to access their deposits. People are…
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Wholesale price inflation eases to 2.31pc in Jan
New Delhi: Wholesale price inflation moderated to 2.31 per cent in January due to the decline in prices of food items especially vegetables, government data released on Friday showed. The Wholesale Price…
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Disney+ Hotstar, JioCinema join hands, announces new platform JioHotstar
Mumbai: Streaming platforms JioStar, the recently formed JV with the merger of Viacom18 and Star India, on Friday morning formerly announced the launch of JioHotstar, bringing together the streaming platforms JioCinema and…
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Stock market opens high as Trump indicates ‘wonderful trade deals’ for India, US
Mumbai: The Indian benchmark indices opened higher on Friday as Prime Minister Narendra Modi and US President Donald Trump announced plans to cement “some wonderful trade deals” for India and the US.…
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Adani Group benefitted from Centre relaxing border security rules: Report
Indian conglomerate Adani Group has benefitted from the Union government overriding senior army officials and relaxing the country’s border security norms, alongside the Indo-Pakistan border in Gujarat, reports The Guardian. According to…
