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Indian Rupee falls 4 paise to 79.82 on strong US dollar
Mumbai: The rupee depreciated 4 paise to close at 79.82 against the US dollar on Tuesday as a stronger US dollar against key rivals and a lacklustre trend in domestic equities weighed…
- Business
US to probe Amazon over its iRobot, One Medical acquisitions
San Francisco: E-commerce giant Amazon is facing larger scrutiny by the US Federal Trade Commission (FTC) into its latest proposed acquisitions of robot vacuum maker iRobot and 1Life Healthcare, which operates primary…
- Business
realme to give attractive offers worth Rs 700 crore this festive season in India: Madhav Sheth
New Delhi: As India enters the festive season, global tech brand realme on Tuesday said it will give offers worth Rs 700 crore during its festive sales and the offers will be…
- Business
Reliance Industries to acquire majority stake in US-based SenseHawk
New Delhi [India], September 6 (ANI): Reliance Industries has signed agreements to acquire a majority stake of 79.4 per cent in SenseHawk, a service provider for the solar energy generation industry. Founded…
- Business
Rupee has held its own despite sharp depreciation in other currencies: RBI Governor
New Delhi: Despite extreme volatility in global stock markets, especially after US Federal Reserve chairman Jerome Powell’s Jackson Hole symposium remarks last week, Reserve Bank of India (RBI) Governor Shaktikanta Das said…
- Business
India’s external debt rose 8.2% in 2021-22 to $620 billion
New Delhi: India’s external debt rose by 8.2 per cent to stand at $620.7 billion on March 31, 2022, compared to $573.7 billon on March 31, 2021. Out of this, 53.2 per…
- Business
Rupee rises 9 paise to close at 79.78 against US dollar
Mumbai: The rupee appreciated 9 paise to close at 79.78 against the US dollar on Monday, in line with a firm trend in domestic equities. However, the strengthening of the American currency…
- Business
Hiring at crypto exchange Coinbase up 33% despite recent layoffs
New Delhi: Despite laying off 1100 employees, leading cryptocurrency exchange Coinbase, its full-time employee count stood at 4,977 at the end of the June quarter (Q2) — a 33 per cent rise…
- Business
Reliance Power to raise long-term debt of up to Rs 1,200 cr
New Delhi : Reliance Power along with its subsidiary entered into a Memorandum of Understanding (MoU) with Varde Partners for availing debt of up to Rs 1,200 crore (around USD 150 million).…
- Business
Foreign fund inflows in Indian stocks highest after 20 months in August
New Delhi [India], September 4 (ANI): Foreign portfolio investors have infused Rs 51,204 crore into the Indian equity segment in the month of August, their highest investments in 20 months, data from…
- Business
ED raids at independent merchants, frozen funds don’t belong to company: Paytm
New Delhi: Fintech major Paytm on Sunday said that the search operations by the Enforcement Directorate (ED) at six different locations in Bengaluru were carried out on merchants which were independent entities,…
- Business
HAL-L&T wins Rs 860 crore deal from NSIL to build 5 PSLV rockets
Bengaluru: The Hindustan Aeronautics Limited-L&T consortium has won a Rs 860 crore deal from NewSpace India Limited to build five rockets, marking industry’s maiden foray into end-to-end production of Polar Satellite Launch…
- Business
OnePlus 50-inch Y1S Pro TV is affordable, impressive
New Delhi: In an effort to bring some competition to the existing TV lineups in the country, global technology brand OnePlus has unveiled the latest smart TV — Y1S Pro — as…
- Business
Samsung will overcome slowing sales with lifestyle TVs: Top executive
Berlin: Samsung Electronics is trying to keep up the growth momentum of its TV business with its Lifestyle TVs, a senior executive has said, a lineup designed to transform traditional TV roles…
- Business
Global PC, tablet shipments to fall significantly in 2022 and 2023
New Delhi: Global shipments of traditional PCs are forecast to decline 12.8 per cent in 2022 to 305.3 million units while tablet shipments will fall 6.8 per cent to 156.8 million, according…
