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Economy
Sensex jumps more than 700 points after impressive GDP numbers
New Delhi: The main factor influencing the market is likely to be the better-than-expected Q3 GDP growth number which has come at an impressive 8.4 per cent, says V.K. Vijayakumar, Chief Investment Strategist, Geojit Financial Services.!-->…
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realme 12 Series 5G: A new chapter in value-driven premium smartphones
New Delhi: In a bold move to redefine the mid-premium smartphone segment, realme is set to launch its latest entrants in the number series - the realme 12+ 5G and realme 12 5G. These new additions are poised to be game-changers, embodying!-->…
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Paytm, PPBL discontinue inter-company agreements before RBI deadline
New Delhi: One 97 Communications Ltd, the parent company of Paytm, and Paytm Payments Bank Limited (PPBL) on Friday announced to discontinue various inter-company agreements, as the Reserve Bank of India (RBI) ban on the bank’s operations!-->…
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EV startup Fisker to lay off 15 pc of workforce amid cash crunch
San Francisco: Electric vehicle (EV) startup Fisker is laying off at least 15 per cent of its workforce, as its current resources are “insufficient to satisfy its requirements over the next 12 months”.
Announcing its quarterly results,!-->…
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Group, company headed by brothers get Union Cabinet’s nod for semiconductor fab units
Chennai: A common thread that runs in all three companies that got the Union Cabinet's nod on Thursday for setting up semiconductor units is that they are headed by brothers – N. Chandrasekaran and N. Srinivasan.
While Chandrasekaran is!-->…
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Commerce Ministry makes auction route must for dust tea in India
Guwahati: The Union Ministry of Commerce and Industry has made it mandatory for dust grades of tea produced in India to be sold through public tea auctions.
A gazette notification issued by the ministry last week also said that at least!-->…
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MIF-backed startups saved over 124K tonnes of CO2 emissions in last 12 months
New Delhi: Non-profit organisation Marico Innovation Foundation (MIF)-supported 12 startups have converted innovative plastic waste management solutions into new business models, saving a whopping 124,360 tonnes of Carbon Dioxide (CO2)!-->…
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Adani Portfolio posts record 63.6 per cent profit growth, sets stage for unrivalled green…
Ahmedabad: The Adani Portfolio of companies on Thursday reported a record quarterly profit growth of 63.6 per cent (year-on-year), as trailing 12-month EBITDA (as of December 2023) stood at Rs 78,823 crore ($9.5 billion), which is 2.5!-->…
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Higher-than-expected GDP may lead to tight monetary policy from RBI for a longer period
New Delhi: The higher-than-expected momentum in the economy may lead to a tight monetary policy from the RBI for a longer period, and any reversal in the current stance is unlikely over the next six months, said Suman Chowdhury, Chief!-->…
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CG Power gets Cabinet nod for Rs 7,600 crore semiconductor unit in Gujarat
Chennai: Murugappa Group's CG Power and Industrial Solutions Ltd on Thursday got the Union Cabinet's nod for setting up a semiconductor unit for specialised chips at an outlay of Rs 7,600 crore.
CG Power, in partnership with Renesas!-->…
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