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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Samsung to hold ‘Galaxy Unpacked’ in July in Paris: Report
Seoul: Samsung Electronics is expected to hold the summer edition of its ‘Galaxy Unpacked’ event next month in Paris, the host of the upcoming Olympic Games, industry sources said on Friday. The…
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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…
