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Home  Business

Business

Govt approves Rs 3,706 crore HCL-Foxconn semiconductor joint venture

Govt approves Rs 3,706 crore HCL-Foxconn semiconductor joint venture

  • OTT platform Prime Video to include ‘limited advertisements’

    In a press release, the OTT platform said, "Prime video movies and TV shows will include limited advertisements. This will allow us to continue investing in compelling content and keep increasing that investment over a long time."
  • Hyderabad-based Suven Life’s Q4 net loss widens to Rs 43.9 crore 

    The widening of losses comes on the back of a sharp fall in revenue, which declined to Rs 1.5 crore in Q4 from Rs 2.4 crore a year ago
  • Hyderabad-based TajGVK Hotels Q4 PAT rises 10.6 per cent

    The TajGVK had reported a PAT of Rs 25.85 crore in the January-March quarter of FY24. Its total revenue for the quarter stood at Rs 130.59 crore against Rs 116.69 crore a year ago, a regulatory filing showed
  • Paytm shares tumble 5 per cent; hit fresh lower circuit level

    The stock dropped 4.99 per cent to Rs 823.10 on the BSE. At the NSE, it tanked 4 per cent to Rs 830.55. Ant Group is likely to offload up to 4 per cent stake worth about Rs 2,066 crore in One97 Communications, according to sources
  • Opinion: India must build a truly circular economy

    While India has signalled bold ambitions to embrace circularity, the path remains strewn with policy bottlenecks, capacity gaps and systemic inertia
  • ReNew Power funds Rs 22,000 cr to establish India’s largest renewable energy complex in Andhra Pradesh

    ReNew will set up a 1,800 megawatt solar energy plant and another 1,000 MW wind facility along with a battery energy storage system BESS) of 2 gigawatt hour (GWh) in two phases at Anantapur in Andhra Pradesh
  • India extends crucial financial support to Maldives through rollover of USD 50 million Treasury Bill

    At the request of the Maldivian government, the State Bank of India (SBI) has subscribed, for one more year, a USD 50 million Government Treasury Bill issued by the Ministry of Finance of Maldives, the Indian High Commission in the Maldives said
  • Yes Bank shares jump over 8 per cent

    The stock climbed 8.7 per cent to Rs 21.74 on the BSE. At the NSE, shares of the firm surged 8.39 per cent to Rs 21.70. The company's market valuation went up by Rs 1,415.15 crore to Rs 64,123.38 crore
  • MG Motors launch ‘Windows EV Pro’ with 52.9 kWh battery pack, ADAS

    The newly unveiled Windows EV pro is equipped with a 52.9 kWh battery pack, delivering a claimed range of 449 km on a single charge.
  • India, EU to hold next round of FTA talks from May 12

    The two sides have agreed to conclude the agreement in two phases on account of the uncertain global trade environment, particularly due to the US tariff actions under President Donald Trump
  • Indian economy likely to grow at 6.5 per cent in FY26: CII president

    CII president asserted that the country must pursue bilateral trade pacts with key trading partners to protect national interests in the backdrop of increasing trade barriers
  • Trade talks: USTR Jamieson Greer plans to visit South Korea this week

    Greer is scheduled to arrive in South Korea on Thursday for a two-day stay to attend the Asia-Pacific Economic Cooperation (APEC) trade ministers meeting, which will be held on the southern resort island of Jeju
  • Swiggy’s March quarter net loss nearly doubles to Rs 1,081 cr

    Total expenses shot up to Rs 5,609.6 crore during the the March quarter of FY25, as against Rs 3,668 crore in the corresponding period of the previous year
  • No shortage of fuel, Indian oil companies assure public

    State-owned IOC, BPCL and HPCL in separate statements said India has ample fuel stocks available and there is no need for panic buying
  • SBI to sell 13 per cent stake in Yes Bank to Japanese SMBC for Rs 8,889 cr

    The executive committee of the central board (ECCB) of the bank in the meeting has accorded approval to divest 413.44 crore shares or equivalent to 13.19 per cent stake in Yes Bank, for a consideration of Rs 8,888.97 crore, SBI said
  • Indian Overseas Bank clarifies about rumours of ATM closures as ‘false’, ‘unfounded’

    "Indian Overseas Bank assures the public that all our ATMs are fully operational. The rumours circulating about ATM closures are false and unfounded", the bank said
  • No impact of India-Pak tensions on Basmati trade, says rice exporters body

    All India Rice Exporters Association president Satish Goel said the recent increase in prices of the commodity was owing to higher demand and not due to the ongoing India-Pakistan tensions
  • Centre notifies expansion of Credit Guarantee Scheme for Startups

    DPIIT, Ministry of Commerce and Industry, has notified the expansion of the CGSS, which increases the ceiling on guarantee cover per borrower from Rs 10 crore to Rs 20 crore
  • Rupee falls 30 paise to 85.88 amid rising India-Pakistan tensions and risk-off market sentiment

    According to forex traders, escalating geopolitical tensions between India and Pakistan have triggered a risk-off sentiment in the market, contributing to the rupee's decline. Additionally, rising demand for the US dollar has further dampened investor confidence.
  • Sensex, Nifty slide amid rising India-Pakistan tensions following military strikes, drone attacks

    On Thursday night, India promptly intercepted and neutralized Pakistan's renewed attempts to target military installations using drones and missiles in areas including Jammu and Pathankot, following earlier similar strikes at 15 locations across the northern and western regions, escalating tensions and raising concerns of a broader conflict.
  • Reliance withdraws ‘Operation Sindoor’ trademark application, says it was filed inadvertently

    The Mukesh Ambani-run firm was the first to apply for a patent on May 7 and was followed by three more — a Mumbai resident, a retired Indian Air Force officer and a Delhi-based lawyer
  • LG Electronics begins work on Rs 5,000-crore plant in Andhra Pradesh

    The South Korean giant’s investment in Andhra Pradesh is the largest single stage electronics investment in South India. Production at the home appliance factory is expected to begin at the end of next year
  • Sensex, Nifty volatile after India’s recision strikes under Operation Sindoor; Markets await further cues

    The benchmark indices showed range-bound movement during morning trade, with the BSE Sensex down by 87.81 points at 80,553.26 and the Nifty slipping 16.55 points to 24,365.05.
  • Sensex, Nifty swing sharply amid market volatility following India’s strikes under Operation Sindoor

    Markets witnessed sharp volatility in early trade, with the Sensex swinging between a high of 80,844.63 and a low of 79,937.48, while the Nifty fluctuated from a peak of 24,449.60 to a low of 24,220.
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