Business
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Sale of smartphones worth Rs 1 lakh and above surge in India
New Delhi: With disposable incomes rising amid the premiumisation trend, the sales of luxury smartphones have surged in India in recent quarters, industry experts said on Tuesday. The smartphone shipments of Rs…
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Sensex trades flat, FMCG stocks gain
Mumbai: Indian equity indices were trading flat on Tuesday following mixed sentiments in the markets. At 9:51 a.m., Sensex was down 76 points or 0.09 per cent at 82,483 and Nifty was…
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Not paid any salary or ESOPs to Madhabi Buch post-retirement: ICICI Bank
New Delhi: ICICI Bank on Monday vehemently refuted the allegations levelled by the Congress about the private lender paying remuneration in the form of salary or employee stock option plans (ESOPs) to…
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Hyderabad airport opens new terminal for private aircrafts
Hyderabad: The Rajiv Gandhi International Airport in Shamshabad, Hyderabad has launched a new ‘General Aviation’ terminal, exclusively meant for private aircrafts and chartered flights, on Monday, September 2. The GMR group-run airport…
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At least 2.2 crore women among 10 crore NSE investors
Ahmedabad: Retail investors are leading the Indian stock market and at least 2.2 crore of over 10 crore investors on the National Stock Exchange (NSE) are now women. There are approximately 10…
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31 Indian startups secured over USD 466 million this week, 75 pc jump
New Delhi: At least 31 homegrown startups raised more than $466 million in 22 deals this week, a significant 75 per cent rise from last week. Quick e-commerce platform Zepto raised $340…
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Developers driving GDP growth in AI era: GitHub CEO
New Delhi: Developers are driving GDP growth and in the era of artificial intelligence (AI), India is set to surpass the US to become the largest software developer community globally by 2027,…
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UPI transactions rise 41 pc to touch record 14.96 billion in August: NPCI
New Delhi: The Unified Payments Interface (UPI) saw 41 per cent growth (year-on-year) at record 14.96 billion transactions in the month of August, as total transaction amount touched Rs 20.61 lakh crore…
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Tata Motors clocks 8 pc drop in total domestic sales in August
Mumbai: Tata Motors on Sunday reported 8 per cent drop in total domestic sales at 70,006 units in the month of August, as against 76,261 units in the year-ago period. Domestic sales…
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Ola Electric’s market share drops to 31 pc in August, share extends losses
New Delhi: Bhavish Aggarwal-run Ola Electric clocked its lowest monthly sales this year, dropping 34 per cent sequentially to 27,506 units in August, as its market share nosedived further to 31 per…
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Sensex opens at all-time high on positive global cues
Mumbai: Indian equity frontline indices opened at an all-time high on Monday following a rally in the US market. At the starting of the session, both Sensex and Nifty made a new…
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GST collections see 10 pc YoY growth at Rs 1.75 lakh crore in August
New Delhi: The goods and services tax (GST) collections stood at Rs 1.75 lakh crore in the month of August, around 10 per cent rise from Rs 1.59 lakh crore in GST…
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Oil marketing companies increase price of 19 kg commercial LPG cylinder by Rs 39
New Delhi: Oil marketing companies have increased the rate of 19 kg commercial LPG gas cylinders by Rs 39, effective from Sunday. After the hike, the retail sales price of a 19…
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AP Chambers Business Expo 2024 from Sept 27-29 in Vijayawada
Amaravati: Aimed at strengthening trade and commerce, the Andhra Pradesh chambers of commerce and industry federation (AP Chambers) is set to host the AP Chambers Business Expo 2024, from September 27 to…
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UPI processed Rs 81 lakh cr worth transactions in April-July, up 37% YoY
New Delhi: Surpassing world’s leading digital payments platforms, India’s Unified Payments Interface (UPI) processed nearly Rs 81 lakh crore transactions in the April-July period this year, which is a staggering 37 per…
