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Home  Business

Business

Market valuation of 6 of top-10 valued firms jump Rs 1 lakh crore

Market valuation of 6 of top-10 valued firms jump Rs 1 lakh crore

  • Musk lays off more employees from his social media platform X

    According to a report, the new wave of layoffs has hit X, primarily affecting its engineering department
  • Apple to open 4 new retail stores in India: Tim Cook

    Tech giant reported revenue of $94.9 billion in July-September period, up 6 per cent from a year ago
  • International mattress brand Sealy opens factory in Hyderabad

    The world’s No 1 selling mattress brand opens state-of-the-art manufacturing facility in Hyderabad
  • Apple continues to drive India’s mobile manufacturing growth story

    The iPhone exports from India surged to cross $10 billion in 2023-24 from $6.27 billion in 2022-23. Overall, the iPhone maker's India operations reached $23.5 billion in value in the last fiscal (FY24).
  • Cyient acquires stake in Azimuth AI to build cutting-edge ASIC Chips, strengthen semiconductor capabilities

    This strategic investment marks a significant milestone in Cyient’s semiconductor journey and demonstrates the continued focus to drive accelerated growth in this industry
  • Telangana: Lack of solar equipment manufacturing units makes solar installation costly

    Due to lack of availability of solar equipment on time, there is inordinate delay in implementation of Central schemes related to rooftop solar plants and other projects in the State as well.
  • Triumph announces new Tiger 1200 range in India

    Triumph says that the 1160cc triple engine now delivers an even more refined riding experience, with superior low speed control, whilst retaining the exciting and unmistakable triple character from its T plane crank
  • Silver likely to outperform gold, may reach Rs 1.25L/kg on MCX, $40 on COMEX

    Silver has recently delivered strong performance, rising over 40% year-to-date and surpassing ₹100,000 domestically, driven by safe-haven buying and solid industrial demand, according to a report by Motilal Oswal Financial Services Ltd (MOFSL).
  • Cryptocurrencies huge risks to financial stability: RBI Governor

    Shantikanta Das says it may create a situation where the central bank may lose control of money supply in the economy
  • Rupee turns flat at 84.07 against US dollar in early trade

    Forex traders say indication of some recovery in domestic equity markets prevented the fall in local unit
  • Markets skid after early trade rally

    IndusInd Bank plunges, foreign fund outflow goes unabated
  • LinkedIn fined $335 million for privacy violations in ad tracking

    The Irish Data Protection Commission (IDPC) conducted an inquiry under the European Union’s General Data Protection Regulation (GDPR) to examine LinkedIn’s processing of personal data. The focus was on how LinkedIn uses this data for behavioral analysis and targeted advertising aimed at users with LinkedIn profiles.
  • Air India, Singapore Airlines expand codeshare, adds 51 new destinations

    Starting October 27, Air India and Singapore Airlines will codeshare on flights between Singapore and Bengaluru, as well as Chennai, boosting their total weekly codeshare services between the two countries from 14 to 56.
  • Toyota Kirloskar Motor introduces festive edition of Rumion in Hyderabad

    The festive edition of the Rumion, available across all grades, comes with a dealer-fitted TGA package worth Rs. 20,608, ensuring that customers enjoy a premium experience.
  • Hyundai India’s record IPO to debut on stock market this week

    This will be Hyundai Motor's first listing outside South Korea and the largest IPO in Indian stock market history, surpassing the previous record of $2.5 billion set by Life Insurance Corporation of India (LIC) in 2022.
  • Adar Poonawalla-led Serene Productions to pick 50% stake in KJo’s Dharma

    Enters into binding agreement to invest Rs 1,000 crore in Dharma Productions and Dharmatic Entertainment
  • Air India says Vistara in-flight experience to continue post-merger

    The merger is scheduled to be completed on November 12, following which Singapore Airlines will have a 25.1 per cent stake in Air India
  • By 2030, India to have 1.2 billion smartphones, 641 million 5G subscribers

    India will see an unprecedented growth in the number of 5G mobile subscribers, and an explosion of data usage in the next six years, says a report
  • India’s growth rate among shiniest parts in world economy: World Bank chief Ajay Banga

    Points out that country needs to work on quality of life, air, water
  • India beats China to become largest two-wheeler market in the world

    India's two-wheeler market saw remarkable 22 per cent YoY growth in first half this year
  • French firm Alstom delivers first driverless train for Chennai Metro Phase-II

    The trains are designed to run on the 26 km corridor, a segment of Phase-II linking Poonamallee Bypass to Light House via 28 stations
  • Hyundai Motor India’s IPO subscribed 2.34 times on final day

    According to the latest provisional data, the Qualified Institutional Buyers (QIB) portion was subscribed 6.94 times, while Non-Institutional Investors (NII) subscribed 0.57 times and retail investors subscribed 0.48 times. The IPO saw a 42 percent subscription on its second day, following an 18 percent subscription on the first day. The price band for the IPO was set at Rs 1,865 to Rs 1,960 per share.
  • 70pc of Indians view gold as safe asset that boosts savings, survey finds

    The Moneyview survey revealed that over 85% of the 3,000 respondents regard gold as a valuable asset for wealth preservation, citing its intrinsic value and historical performance as key factors influencing consumer confidence.
  • India’s forex reserves top $700 billion, gold share surges 209% since 2018

    India's gold reserves reached $65.76 billion as of October 4, up from $21.15 billion on December 7, 2018, according to RBI data. Since Shaktikanta Das took office as RBI Governor in December 2018, foreign exchange reserves have also surged by 78%, rising to $701.18 billion as of October 4, compared to $393.74 billion in December 2018.
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