Business
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Small firms record sharp rise in digital transactions
New Delhi: The use of internet for entrepreneurial purposes such as taking and placing orders online, carrying out transactions online or using UPIs by unincorporated enterprises has increased to 13.5 per cent…
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Hindenburg shared Adani report with client 2 months publishing it: SEBI
The Securities and Exchange Board of India (SEBI) has accused US short seller Hindenburg Research of sharing its report against the Adani Group to one of its clients two months before publishing…
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Market outlook: Budget, inflation data and Fed speech key factors for next week
Mumbai: Indian equity indices closed on a stellar note in July’s first week as Sensex and Nifty posted one-one per cent gains each, while the midcap index rose by more than 2…
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Odisha govt land transfer for Singareni mines will boost Telangana power sector
New Delhi: After approval for handing over 643 hectares of forest land by the Odisha government, decks have been cleared for Singareni Collieries Company Limited (SCCL) to start mining coal in the…
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Ola exits Google Maps, moves to in-house Ola Maps
New Delhi: India’s major ride-hailing company Ola has exited Google Maps and has shifted to its own Ola Maps for cab operations. Bhavish Aggarwal, co-founder and Chairman of the Ola group said…
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Mobile tariff hike: Centre responds to misleading claims
New Delhi: The government has responded to misleading claims regarding recent mobile services tariff hike, saying with three private and one public sector player, the current mobile services market operates through the…
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Gold climbs Rs 200; silver jumps Rs 350
New Delhi: Gold prices rose Rs 200 to Rs 73,310 per 10 grams in the national capital on Friday, July 5, in line with global trends, according to HDFC Securities. The yellow…
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Over 9 bn eSIM-capable devices to be shipped by 2030 globally: Report
New Delhi: Global eSIM-capable device shipments are expected to exceed 9 billion units between 2024 and 2030, growing at a 22 per cent CAGR during the period, a new report showed on…
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India ranks 3rd in fintech funding globally in Jan-June period
Bengaluru: India’s fintech ecosystem achieved a significant milestone in the first half of this year by ranking among the top three funded globally, alongside the US and the UK, a report showed…
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After Apple, Google set to manufacture Pixel phones in India
New Delhi: After Apple, Google is set to manufacture Pixel smartphones in India, with plans to export the devices to Europe and the US, media reports have said. According to reports, the…
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India on way to become a developed nation by 2047: NK Singh
Mumbai: India is moving towards becoming a developed nation by 2047 but it needs to sustain its growth trajectory for the next two decades, leading economist and policymaker NK Singh has said.…
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Sensex trades lower amid profit booking in largecaps
Mumbai: India equity indices opened in the red on Friday following profit booking in largecap stocks. At 9:50 a.m., Sensex was down 510 points or 0.64 per cent at 79,538 and Nifty…
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Ixigo’s profit more than doubled at Rs 73 crore in FY24
New Delhi: Le Travenues Technology Ltd, which owns online travel aggregator Ixigo, on Thursday said revenue from operations grew by 30.8 per cent (year-on-year) in FY24 to Rs 655.9 crore from Rs…
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Suzuki’s Next Bharat Ventures launches Rs 340 cr fund for social impact startups
New Delhi: Japanese automobile company Suzuki Motor Corporation’s subsidiary Next Bharat Ventures IFSC Private Limited on Thursday launched a Rs 340 crore investment fund — Next Bharat — that aims to act…