Business

According to ANAROCK data, city saw 7% drop in number of homes sold between April and September 2024 compared to the same period last year

The study, titled "Work-from-Home: Benefits and Costs: an Exploratory Study in the Indian Context", stated that Covid has given rise to many alternative systems, and work from home is a prominent outcome altering the employment ecosystem

The BSE Sensex dropped 156.72 points to 77,423.59 in early trade, while the NSE Nifty fell 64.25 points to 23,468.45. Key laggards from the 30-share Sensex included Infosys, Tech Mahindra, HCL Technologies, TCS, NTPC, Axis Bank, Tata Motors, and IndusInd Bank.

Forex traders noted that lower crude oil prices in the international market boosted the local currency's recovery. At the interbank forex market, the rupee opened at 84.42 and gained further to 84.38 against the US dollar, up by 8 paise from its previous close.

In support of the government's Code on Social Security (CoSS), aimed at providing a safety net for gig workers, Uber announced efforts to promote registrations on the e-Shram portal, a unified database for gig and unorganized workers.

Penalty imposed on the company for deviation from prescribed guidelines in filing intimation of import of a reference standard for one of the APIs

HMI Managing Director Unsoo Kim said in a conference call that the car major would be expanding production to meet the growing demand in the domestic market as well as the export market in Africa, the Middle East, Latin America and South Asia

This time, the company is exporting newly-launched iPhone 16 models from India, apart from the other popular models in its 15 and 14 series

During intra-day trading, the Sensex dropped by 530 points, or 0.67%, reaching 78,158, while the Nifty fell by 180 points, or 0.76%, to 23,702. The Sensex also hit an intra-day low of 77,959 during the session.

On Wednesday, shares of Swiggy were listed with a premium of nearly 8 per cent against the issue price of Rs 390 on NSE.

The completion of the much-awaited amalgamation, which was announced in November 2022, comes within six weeks of the integration of Air India Express and AIX Connect

Vistara has now merged with Air India, creating an enlarged entity that is now the country's largest international carrier and second-largest domestic carrier

On Tuesday, the Bitcoin price was hovering around $87,880 apiece; the price has surged about 30 per cent since the US election

Air India has announced that Vistara flights will switch to the 'AI2' flight code following the airlines' merger. Post-merger, Singapore Airlines will hold a 25.1% stake in Tata Group-owned Air India. Vistara was originally established in 2015 as a joint venture with Singapore Airlines holding a 49% stake.

Allots Rs 16,739 crore for Pawan Kalyan's Panchayat Raj and Rural Development portfolio; opposition YSRCP boycotts session

The research and development facility would reportedly focus on research, design, testing and providing support to third-party manufacturers

Swiggy's IPO was subscribed 0.12 times on the first day and 0.35 times on the second day. The qualified institutional buyers (QIBs) portion was subscribed 6.02 times, the non-institutional investors (NIIs) portion saw a 0.41 times subscription, the retail individual investors (RIIs) portion was subscribed 1.14 times, and the employee portion received 1.65 times subscription.

Through the ‘BOSS of All Savings’ offer, Ola Electric is allowing customers to save up to Rs. 15,000 on the purchase of an Ola S1, with potential annual savings of up to Rs. 30,000 due to lower running and maintenance costs compared to an ICE vehicle.

The India Bullion and Jewellers Association Ltd (IBJA) reports that 24-carat gold is priced at Rs 76,570 per 10 grams, 22-carat at Rs 74,720, 20-carat at Rs 68,130, and 18-carat at Rs 62,201 per 10 grams.

A Bench led by Chief Justice D.Y. Chandrachud upheld the lenders' plea opposing the transfer of ownership of the grounded airline to the Jalan Kalrock Consortium (JKC). The Bench, which also included Justices J.B. Pardiwala and Manoj, used its extraordinary powers under Article 142 of the Constitution to ensure "complete justice" between the parties, ordering the immediate appointment of a liquidator.

Emma Mohr-McClune, Chief Analyst for Technology at GlobalData, stated that this is likely the largest and most impactful consumer OEM low-Earth-orbit (LEO) deal to date. The agreement positions Apple as the clear leader among Western OEMs for offering extended direct satellite texting and calling services, catering to both emergency and remote use cases.

The company aims to recruit professionals across all verticals, foster drone entrepreneurship, launch 17 new drone academies and enhance its research and development efforts in partnership with leading institutions

Forex traders said the Indian rupee touched new all-time lows weighed down by negative domestic markets which fell nearly 1.18 per cent.

Segility India, a healthcare sector company, will launch its public issue for retail investors next week, with bidding open from November 5 to 7. The company aims to raise Rs 2,106.60 crore through this IPO, with a price band set at Rs 28 to Rs 30. The entire offering will be an Offer for Sale (OFS).