Business
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Bharti Enterprises to buy 24.5 pc stake in UK’s BT Group for about $4 billion
New Delhi: Bharti Global, the international investment arm of Bharti Enterprises, on Monday said it has reached an agreement to acquire a 24.5 per cent stake in the UK telecommunications giant BT…
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Rupee falls 2 paise to close at 83.97 against US dollar
Mumbai: The rupee consolidated in a narrow range and settled for the day lower by 2 paise at 83.97 (provisional) against the American currency on Monday, as market participants remained on the…
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India’s technical consumer goods market logs 11 pc value growth in Jan-June period
New Delhi: Technical consumer goods (TCG) market in India recorded an 11 per cent increase in value and a 1 per cent rise in volume during the first half of 2024, compared…
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Sensex trades lower as RIL and ICICI Bank drag
Mumbai: Indian stock indices opened lower on Monday as heavyweights like RIL and ICICI Bank emerged as the top losers in the morning trade. At 9:48 a.m., Sensex was down 325 points…
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Rupee trades in narrow range against US dollar in early trade
Mumbai: The rupee witnessed range-bound trading in initial deals against the US dollar on Monday, as market participants remained on the sidelines ahead of the release of key domestic macroeconomic data. Forex…
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Market Outlook: Q1 results, inflation and FIIs activity key factorsfor next week
Mumbai: The Indian equity market witnessed volatility last week as a potential slowdown in the US due to weak economic data and disappointing guidance from many companies is being feared. Both frontline…
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Tata Technologies terminates project to develop 36 govt ITIs in Chhattisgarh
New Delhi: Global engineering and product development company Tata Technologies on Saturday said that it has cancelled a project worth Rs 1,188.36 crore to develop 36 government ITIs (industrial training institutes) in…
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India’s textiles, garment sector impacted due to Bangladesh unrest: FM Sitharaman
New Delhi: Finance Minister Nirmala Sitharaman on Saturday said that there was some uncertainty in India’s textiles and garments sector following the political turmoil in Bangladesh but it was too early to…
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Researchers develop AI model to predict protein-DNA binding accuracy
New Delhi: A new Artificial Intelligence (AI) model that can accurately predict how different proteins bind to DNA has been developed to help reduce the time required to develop new drugs and…
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Indian startup ecosystem saw $113 million funding this week
New Delhi: Riding on the momentum amid resilient economic growth, the Indian startup ecosystem saw funding worth $113 million this week in nearly 22 deals. Dairy and grocery startup Country Delight secured…
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100mn smartphones to be sold in India in July-Dec period: Report
New Delhi: India is projected to see about 100 million smartphone sales in the second half of this year (July-December period), and online platforms are likely to contribute more than 55 per…
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Centre approves 8 railways projects worth Rs 24,657 cr, to create 3cr man-days
New Delhi: In a bid to provide seamless connectivity while facilitating ease of travelling in new areas, the Cabinet Committee on Economic Affairs (CCEA), chaired by Prime Minister Narendra Modi, on Friday…
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Mutual funds have earned trust of Indian investors amid robust regulations: SEBI
New Delhi: As the financial landscape in India witnesses a significant shift, the mutual fund ecosystem has played a crucial role in this transformation, stepping up remarkably to earn the trust of…
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Indian bond market issuances cross $105 billion in FY24, $25 billion new equity issued
Mumbai: Debt issuances and corporate bond issuances exceeded $105 billion in the last financial year (FY24) and new equity issuances was about $25 billion, underlining the depth of Indian bond markets, Pramod…
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Daily online grocery demand slows down, FMCG sales growth drops: Report
New Delhi: As stocks of fast-moving consumer goods (FMCG) companies keep growing, the sector growth has slowed down due to less packaged food consumption among the Indians and slowdown in daily online…
