Business
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Ola scooter owners struggle with poor service, software glitches
New Delhi: As the government ordered a detailed probe into Bhavish Aggarwal-led Ola Electric over its consumer complaint redressal practices, there is no respite for several of its customers, who on Monday,…
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Indian economy capable of handling global shocks: RBI Governor
Kochi: Reserve Bank of India (RBI) Governor Shaktikanta Das has said that the Indian economy is strong enough to handle any adverse fallout from global events. “Today, the growth of the Indian…
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Tomato prices drop as flow of fresh crop picks up pace
New Delhi: The retail price of tomatoes is on the decline as the arrival of the fresh crop has picked up momentum in the wholesale markets. The all-India average retail price of…
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Failure to disclose foreign assets, income to invite Rs 10L penalty: I-T dept
New Delhi: The Income-Tax Department on Sunday cautioned taxpayers that failure to disclose assets held abroad or income earned in foreign shores in the ITR can attract a penalty of Rs 10…
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Centre approves uniform protection protocol for users of Indian grid
New Delhi: The Central Electricity Authority (CEA) on Saturday said it has approved the uniform protection protocol for users of the Indian grid for implementation on a pan-India basis. The protocol is…
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India’s GDP to grow 6.5-7 pc through FY27 over infra, consumption push: Report
New Delhi: India’s GDP will expand 6.5-7 percent annually in the next three fiscal years (2025-2027), and the country’s good economic growth prospects will continue to support banks’ asset quality, according to…
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LuLu starts trading on ADX following Rs 14K crore IPO
United Arab Emirates (UAE) retail giant LuLu Retail successfully commenced trading on the Abu Dhabi Securities Exchange (ADX) on Thursday, November 14, following its Initial Public Offering (IPO) and trading under the ticker “LuLu”. The IPO raised…
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Apple iPhone exports from India hit record Rs 60,000 crore in April-Oct
New Delhi: In a new record, Apple has reached almost Rs 60,000 crore in iPhone exports from India in the first seven months during the current fiscal (FY25). In the April-October period,…
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UK’s Guardian withdraws from X, Musk says ‘they are irrelevant’
Washington: Calling it “a toxic media platform”, Britain’s leading daily Guardian on Wednesday announced that it will stop posting content on Elon Musk-owned social media platform X from its official accounts, a…
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Hyundai Motor India shares slip to Rs 1,745, down over 10% of IPO price
Mumbai: Shares of Hyundai Motor India, that were listed at Rs 1,931 apiece, have slipped more than 10 per cent from its IPO price. On Wednesday, the stock closed in red at…
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Swiggy-backed Rapido sees net loss at Rs 371 crore in FY24
New Delhi: Homegrown ride-sharing platform Rapido registered a net loss of Rs 371 crore last fiscal (FY24) from Rs 675 crore in FY23. Controlled expenditure helped the company cut losses by about…
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Indian stock market opens in red amid consolidation phase
Mumbai: The Indian stock market opened in red on Wednesday as selling was seen across sectors, except private banks, in early trade. Sensex was trading at 78,260 after slipping 414 points and…