Business
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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…
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Centre approves 12 textile research projects worth Rs 13.3 crore
New Delhi: The government on Tuesday approved 12 research projects worth Rs 13.3 crore under the National Technical Textiles Mission. The 10th Mission Steering Group, under the chairmanship of Union Textiles Minister…
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Hyderabad based edtech firm secures USD 16.5 million funding
Hyderabad: Hyderabad-based math edtech startup Bhanzu, founded by the world’s fastest human calculator Neelakantha Bhanu, raised investments of USD 16.5 million in its series B funding. The edtech firm focuses on improving…
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Bitcoin may touch $100,000 by January end after Donald Trump takes office
New Delhi: World’s biggest cryptocurrency Bitcoin is heading towards $100,000 amid President-elect Donald Trump’s pro-crypto stance and promise for clearer cryptocurrency regulations. On Tuesday, the Bitcoin price was hovering around $87,880 apiece.…
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PepsiCo, Nestle, Unilever sell less healthy products in India: Report
According to a new report published by the Access to Nutrition initiative (ATNi), multinational food companies including Unilever, PepsiCo, and Nestle produce and sell sub-standard products in lower-income countries including India. A…
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Report shows how India’s semiconductor sector aims create 1 mn jobsby 2026
New Delhi: Even as India aims to become the semiconductor manufacturing hub, the industry is projected to generate a demand for one million jobs spanning across varied sectors by 2026, according to…