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Home  Business

Business

Apple-Globalstar $1.5 billion deal disrupts connectivity market, report says

Apple-Globalstar $1.5 billion deal disrupts connectivity market, report says

  • Hyderabad-based Marut Drones secures $6.2 million in Series A funding

    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
  • Rupee falls 4 paise to hit all-time low of 84.11 against US dollar

    Forex traders said the Indian rupee touched new all-time lows weighed down by negative domestic markets which fell nearly 1.18 per cent.
  • Swiggy, Niva Bupa, Sagility India, and ACME Solar to launch IPOs

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

    While the valuation of SBI jumps Rs 36,100.09 crore to Rs 7,32,755.93 crore, ICICI Bank adds Rs 25,775.58 crore to Rs 9,10,686.85 cr
  • 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
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