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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India only country to register rise in steel production in April
New Delhi: India is the only country among the world’s top steel-producing nations to post a growth in steel production during April this year, according to figures compiled by the World Steel…
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Shares of Adani Group’s listed firms see sharp rally, Adani Enterprises surges 8 pc
New Delhi: The Adani Group companies’ stocks saw great momentum on Thursday as the Indian indices went through a sharp rally, with the flagship Adani Enterprises jumping 8 per cent to emerge…
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IndiGo to introduce business class in flights this year
New Delhi: The country’s largest airline IndiGo, on Thursday, May 23, said it will introduce business class in the flights on the busiest routes this year. Details on the product, offering launch…
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Sensex, Nifty hit all-time peaks after RBI’s highest-ever dividend announcement
Mumbai: Benchmark equity indices rallied on Thursday, with the Sensex and Nifty hitting their lifetime peaks, after the RBI approved the highest-ever dividend of Rs 2.11 lakh crore to the government and…
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IIT Jodhpur study sheds fresh light on air pollution hazards in north India
New Delhi: As air pollution remains a crucial global challenge, with severe health implications for millions of people globally, a new study by a researcher from the Indian Institute of Technology (IIT)…
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Google’s parent company Alphabet earned over Rs 2.5 lakh per second in Q1
New Delhi: After seeing its net profit drop by almost 35 per cent in 2022 due to inflation and advertisers’ pullbacks, Google’s parent, Alphabet, has been on a trajectory of growth for…
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Widespread 5G spectrum availability to add $27 billion to India’s GDP: GSMA
New Delhi: The widespread availability of spectrum for 5G is likely to contribute about $27 billion to India’s gross domestic product (GDP) by 2030, a GSMA report said on Tuesday. The organisation,…
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Paytm reports 3 pc decline in Q4 revenue at Rs 2,267 crore
New Delhi: Payment and financial services company Paytm on Wednesday reported 3 per cent decline in its revenue for the fourth quarter of FY24 to Rs 2,267 crore. The decline, said the…
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Snapchat strengthens senior leadership team in India
New Delhi: Social media platform Snapchat on Wednesday strengthened its leadership team in India, a country where it has reached over 200 million monthly active users. The company has hired key people…
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Paytm aims ‘leaner organisation structure’ after Rs 550 crore net loss in Q4
New Delhi: In order to achieve significant cost efficiencies through artificial intelligence (AI)-led capabilities, digital payments major Paytm is planning a “leaner organisation structure” and the “pruning of non-core businesses”, indicating there…
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Markets climb in early trade on firm global trends; buying in Reliance, ITC
Mumbai: Equity benchmark indices climbed in early trade on Wednesday in tandem with firm global market trends and buying in Reliance Industries and ITC. The 30-share BSE Sensex climbed 212.21 points to…
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IndiGo flight delayed after crew spots overbooked passenger standing at the back
Mumbai: In an unusual turn of events on Tuesday, an IndiGo flight operating from Mumbai to Varanasi was forced to return to the aerobridge at the Chhatrapati Shivaji Maharaj International Airport (CSMIA)…
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Started new batches at 240 tuition centres, says embattled edtech firm Byju’s
New Delhi: Embattled edtech company Byju’s said on Tuesday that it has started batches for the 2024-25 academic session at 240 out of its 296 tuition centres, as it struggles to pay…
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Clocked 1.6 times growth in grocery biz, over half deliveries via EVs: Flipkart
Bengaluru: As online grocery delivery market surges in the country, e-commerce platform Flipkart on Tuesday said it has clocked 1.6 times growth (year-on-year) in its grocery business, with more than half of…
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Vodafone Idea to raise Rs 2,075 crore via preferential share allotment to AB Group
Mumbai: Telecom operator Vodafone Idea (Vi) on Tuesday announced it will raise up to Rs 2,075 crore from Oriana Investments (Aditya Birla Group entity) via a preferential share issue. In a regulatory…
