Business
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Zomato sees block deal worth Rs 5,438 crore for 21 crore shares
Mumbai: Online food delivery platform Zomato saw a block deal on Tuesday where 21 crore shares (around 2.4 per cent equity) worth Rs 5,438.5 crore changed hands. The block deal, likely by…
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Exports reviving as lever of India’s growth: RBI
Mumbai: There are signs of a revival of net exports as a lever of India’s growth as after the contraction in 2023- 24, outbound shipments from the country are undergoing an expansion…
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Will remove AI-generated food images: Zomato CEO after complaints
New Delhi: After several customers complained about artificial intelligence- (AI) generated food and dish images on Zomato, CEO Deepinder Goyal on Sunday announced plans to remove such pictures from the platform. The…
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Cognizant clarifies on entry-level salaries for freshers after criticism
New Delhi: After facing backlash on the social media platforms for offering low salaries for freshers, IT company Cognizant on Sunday clarified that this is not the case. The backlash erupted over…
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Adani Portfolio clocks 50 pc surge in net profit Q1
Ahmedabad: Led by emerging businesses, including solar and wind manufacturing as well as airports and roads, the Adani Portfolio’s net profit soared 50.1 per cent to Rs 10,279 crore (year-on-year) in the…
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Sensex trades higher on positive global cues
Mumbai: Indian equity benchmarks opened in the green on Monday, following positive sentiments in global markets. At 9:40 a.m., Sensex was up 200 points or 0.25 per cent at 80,636 and Nifty…
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Israel sees sharp decline in GDP growth in Q2
Jerusalem: Growth figures issued on Sunday by Israel’s Central Bureau of Statistics indicated a deep fall in the state’s economy following a sharp rise in the first quarter. Israel’s GDP rose in…
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Stock market outlook: PMI, FII data key factors to watch next week
Mumbai: Indian benchmark indices Nifty and Sensex ended the week with gains after two consecutive weeks of losses. Last week, both Sensex and Nifty posted gains of 0.91 per cent and 0.71…
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Market Wrap: Indian indices back in green after two-week fall
Mumbai: India equity indices ended with weekly gains after two consecutive weeks of losses. Both frontline indices Sensex and Nifty closed in the green led by tech stocks last week. On Friday,…
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Market Wrap: Indian indices back in green after two-week fall
Mumbai: India equity indices ended with weekly gains after two consecutive weeks of losses. Both frontline indices Sensex and Nifty closed in the green led by tech stocks last week. On Friday,…
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Indian startups secure $395 million this week, a massive 350 pc jump
New Delhi: Riding on overall economic growth, Indian startups raised more than $395 million in at least 20 deals this week, a massive about 350 per cent jump from $113 million secured…
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Open to exploring more ways to increase India’s collaboration with IMF: FM
New Delhi: India is open to exploring more ways to increase its collaboration with the International Monetary Fund (IMF), Finance Minister Nirmala Sitharaman said during a meeting with IMF’s First Deputy Managing…
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Now send Rakhis to siblings in India from select countries via Blinkit
New Delhi: In an effort to let Indians living abroad send Rakhis and gifts to their siblings in the country, Zomato-owned quick commerce platform Blinkit on Saturday introduced international order service for…
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Going global: UAE merchants accept Rupee via UPI to attract Indian customers
New Delhi: The government of India has been promoting UPI as a global payment platform. Now merchants in the United Arab Emirates (UAE) are accepting payments via UPI in Rupees to attract…
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Sensex gains over 1,300 pts led by IT, auto stocks
Mumbai: India’s equity indices closed higher on Friday as global markets rallied after the latest economic data from the US faded out chances of recession in the world’s largest economy. At closing,…
