Business
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Re-opening of offices, institutions to boost two-wheeler sales
New Delhi: Re-opening of offices as well as educational institutions is expected to give a boost to two-wheeler sales volume on a sequential basis. Accordingly, the sequential improvement is expected to sustain…
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Global DRAM memory market, prices down in Q4: Report
Seoul: Global dynamic random access memory (DRAM) shipments dropped nearly 6 per cent in the fourth quarter from three months earlier, a report showed on Friday, amid sluggish demand from manufacturers that…
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Volkswagen acquiring Huawei’s autonomous driving unit
New Delhi: German motor vehicle manufacturer Volkswagen is in talks with Huawei to acquire its autonomous driving unit for billions of dollars, the media reported. According to Germany’s Manager Magazin, Volkswagen and…
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Global cues, FIIs outflows subdue indices; realty stocks down
Mumbai: Global cues as well as continuous selling by FIIs subdued India’s equity indices — S&P BSE Sensex and NSE Nifty50 — on Friday. Accordingly, indices closed lower for the third consecutive…
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Equities erase early losses, rise marginally in afternoon trade
New Delhi: India’s key indices — S&P BSE Sensex and NSE Nifty50 — recovered from its early trade losses and traded higher during the afternoon session on Friday. “The roller coaster ride…
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Ford’s Mustang Mach-E removes Tesla Model 3 as top EV
Los Angeles: The Ford Mustang Mach-E secured the “Top Pick” spot on Consumer Reports’ EV list, replacing the Tesla Model 3. According to Consumer Reports, a non-profit consumer research and advocacy organisation,…
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Foldable phone shipments to reach 27.6 mn units in 2025
New Delhi: The foldable phone shipments is likely to reach 27.6 million units in 2025 with a compound annual growth rate (CAGR) of 69.9 per cent, a new report has said. Foldable…
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Spotify paid $200mn for Joe Rogan’s podcast: Report
Los Angeles: Swedish audio streaming platform Spotify reportedly paid $200 million for the exclusive streaming rights to “The Joe Rogan Experience,” double what has been previously reported. According to The New York…
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Musk recalls billionaire who once said Tesla would fail
San Francisco: Elon Musk has revealed that billionaire investor and Vice President of Berkshire Hathaway Charlie Munger once told him that Tesla would fail. On Wednesday, the 98-year-old investor said cryptocurrencies should…
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Equities settle marginally down; banking stocks top losers
New Delhi: India’s key indices — S&P BSE Sensex and NSE Nifty50 — settled marginally lower on Wednesday in a highly volatile trading session. In the morning session, the indices traded marginally…
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Yes Bank co-founder Rana Kapoor, two others granted bail
Mumbai: A Mumbai court on Wednesday granted bail to Yes Bank co-founder Rana Kapoor and Avanatha Group’s Gautam Thapar and B. Hariharan of Avantha Group in a money laundering case. Additional Sessions…
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vivo plans to export ‘made in India’ smartphones from 2022
New Delhi: Leading global smartphone manufacturer vivo on Wednesday announced plans to start exports of ‘made in India’ smartphones from this year, adding that as part of its Rs 7,500-crore proposed manufacturing…
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NBFC counters rise as RBI extends NPA norms compliance date
New Delhi: Shares in the NBFC space have shown a healthy gains on Wednesday as the RBI provided an extension for the implementation of the new NPA rules. The RBI on Tuesday…
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CV sales growth to see double-digit drive next fiscal on infra thrust
New Delhi: The massive infra push is expected to keep commercial vehicle sales in double-digit during the next fiscal, rating agency Crisil said. Commercial vehicles sales volume is expected to grow 18-23…
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Rs 10 out of every Rs 100 saved by Indian household goes to LIC making it larger than SBI deposits
New Delhi: Nearly Rs 10 out of every Rs 100 saved by the Indian household each year goes to LIC, making it larger than even the perceived staple of household savings —…