Business
- Business
Markets trade lower on weak global market trends, foreign fund outflows
Mumbai, Mar 15 (PTI) Equity benchmark indices declined in early trade on Friday amid weak global market trends and foreign fund outflows. The 30-share BSE Sensex declined 314.56 points to 72,782.72 after a…
- Business
ONDC, USOF, Prasar Bharati join hands to digitally empower rural India
New Delhi: In a bid to provide affordable and accessible digital services in rural parts of the country, Universal Service Obligation Fund (USOF) under Department of Telecommunications (DoT) on Tuesday collaborated with…
- Stock Market
Markets break two-day rally on weak global trends; Sensex plunge over 600 points
Mumbai: Stock market benchmark Sensex declined by 616.75 points on Monday, snapping its two-day gaining streak due to selling in metal and banking shares amid weak trends in the global markets. Taking a…
- Business
Salesforce logs 35% YoY growth in new business in India
Bengaluru: Enterprise software major Salesforce has strengthened its presence in India with a 35 per cent growth (year-on-year) in new business driving efficiency, productivity and success for customers across industries, it said…
- Business
Identity verification platform IDfy raises $27 mn funding
New Delhi: Leading integrated identity platform IDfy on Wednesday said that the company has raised $27 mn in a mix of primary and secondary fundraise from Elev8 Venture Partners, KB Investment and…
- Business
Bira 91 raises $25 mn to expand manufacturing footprint
New Delhi: B9 Beverages Ltd, Bira 91’s parent company, on Wednesday said it is raising $25 million in new funding from Tiger Pacific Capital, an Asia-focused fund headquartered in New York and…
- Business
80% of Indian mid-market firms bullish on growth, create more jobs this year
New Delhi: Driven by initiatives such as ‘Make in India’, ease of doing business and ongoing digital transformation, 80 per cent of Indian mid-market businesses maintain a positive economic outlook in the…
- Business
India retail market set to reach $2 trillion in next decade: Report
Mumbai: India continues to be a bright spot among the major economies and the retail market is expected to reach $2 trillion in next 10 years, presenting a large opportunity for retailers,…
- Middle East
UAE to impose Rs 2.25L fine for late corporate tax registration
Abu Dhabi: The United Arab Emirates (UAE) has announced an administrative penalty of Dirham 10,000 (Rs 2,25,735) for late registrations for corporate tax. On Tuesday, February 27, the finance ministry announced cabinet…
- Business
P2P lending platform LenDenClub allegedly suffers data breach: Researchers
New Delhi: Researchers at New Delhi-based nonprofit organisation CyberPeace on Saturday claimed they have discovered an alleged huge data breach at LenDenClub, a peer-to-peer (P2P) lending platform, that may have affected 22…
- Stock Market
Indian stock market multiplied 4 times compared to zero returns for China since 2010
Mumbai: The Chinese market’s underperformance has been stark for many years now, said V.K. Vijayakumar, Chief Investment Strategist at Geojit Financial Services. In early 2010, the Shanghai composite index was around 3,000.…
- Business
Hyundai’s accumulated sales set to reach 100 mn units in 2023
Seoul: South Korea’s top automaker Hyundai Motor is widely anticipated to reach accumulated shipments of 100 million units this year since its first sales in 1968, the company said on Monday. The…