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Home  Business

Business

D-Mart Q2 net profit down 9 pc to Rs 623.35 cr, sales up 18.7 pc to Rs 12,624 cr

D-Mart Q2 net profit down 9 pc to Rs 623.35 cr, sales up 18.7 pc to Rs 12,624 cr

  • India likely to see 6.3 mn foldable smartphone shipments by 2027

    Increasing localisation of foldables, including flagship devices such as the Samsung Z Fold 5 and Flip 5, as well as Tecno foldables will steer the growth of the market, according to the data by market research firm CyberMedia Research
  • India extends 20 per cent export duty on parboiled rice till March

    The central government has extended the 20 per cent export duty on parboiled rice till March 31, 2024
  • Rupee falls 6 paise against US dollar

    Analysts said that the dollar index remained elevated above 106 after the US data showed the country's inflation slightly higher than estimated, raising expectations of further interest rate hikes by the US Federal Reserve.
  • 23 techies being sacked every hour for past 2 yrs, more layoffs in the offing

    Citing the global macroeconomic conditions, Big Tech firms and startups across the spectrum have fired employees, and layoffs continue to happen.
  • Infosys stock settle 2 pc lower

    The stock of the company declined 2.24 per cent to end at Rs 1,431.80 apiece on the BSE, emerging as one of the biggest laggards among the Sensex shares.
  • Stock market opens in red, sees subdued start; Surging inflation signals challenges for investors

    The stock market opened on a subdued note on Friday, with the Sensex and Nifty both experiencing a downturn as they began the trading day
  • Rupee trades flat at 83.24 against US dollar in early trade

    The rupee traded on a flat note at 83.24 against the US dollar in early trade on Friday
  • RBI fines Paytm Payments Bank for breach of norms

    The bank breached the regulatory ceiling of end of the day balance in certain customer advance accounts availing payout services
  • Double delight for Indian economy as inflation dips to 3-month low, factory output soars to 14-month high

    Annual retail inflation, called CPI or consumer price index, rose 5.02 per cent in September from 6.83 per cent in the previous month on the back of softer vegetable prices, according to data released by the National Statistical Office
  • 97% of Indian firms see hybrid, remote work beneficial for business: Report

    As many organisations are now implementing more structured approaches to work, about 50 per cent of hybrid workers spend half the work week at the office, according to the IT infrastructure and services company NTT.
  • NCLAT Chairperson calls for developing robust mechanism to regulate digital markets

    More than 600 delegates are expected to participate in the conference that concludes on Friday. Last time, this conference happened in India in 2013
  • Height of loot, hypocrisy: Congress on GST on Ganga water

    Congress on Thursday flayed the Modi government for reportedly imposing an 18 per cent GST on Ganga river water
  • Mukesh Ambani regains top spot on Forbes India rich list

    The combined wealth of India’s 100 wealthiest individuals remained steady at $799 billion this year.
  • Tesla Cybertruck to see nearly 120K deliveries in 2024

    Elon Musk-run Tesla's Cybertruck will reportedly witness 100,000 to 120,000 deliveries in 2024 and 240,000 to 260,000 deliveries in 2025.
  • Rupee rises 4 paise against US dollar in early trade

    The rupee opened at 83.17 and then traded between the range of 83.13 to 83.17 against the greenback. The Indian unit later traded at 83.14 against dollar, registering a gain of 4 paise from its previous close.
  • Stock market shows resilience as it opens with upward momentum

    The Indian stock market began the day with modest gains as the Sensex opened 61.27 points higher at 66,478.35, while the Nifty exhibited a marginal rise of 1.05 points, opening at 19,813.05.
  • Rupee rises 7 paise, settles at 83.18 against US dollar

    However, unabated withdrawal of funds by foreign institutional investors weighed on the domestic currency, forex analysts said
  • TCS ends ‘Work From Home’, calls all employees to offices

    The company -- the first major IT services firms to announce such a move -- has asked its workforce to return to offices because of the need to deepen the value systems and a belief in productivity gains coming from co-working, TCS Chief Human Resources Officer told
  • SEBI extends timeline for investment advisers to comply with qualification, experience rule

    Based on representations received from various stakeholders and in view of the emerging landscape of the domain of investment advice... it is now specified that the timeline to comply with the enhanced qualification and experience requirements.. is extended to September 30, 2025, Sebi said
  • Xpheno unveils T ve Talent Report

    The insights from the report shed much light on the state of Telangana’s talent pool and pointed out that Telangana has a very strong inbound and outbound talent corridor with all major talent states and their megacities.
  • More ISB students become entrepreneurs in India

    More students who graduated from ISB turned to entrepreneurship over the last decade than any other Indian business school.
  • Sensex soars over 400 points in early trade on positive global cues

    The 30-share Sensex surged 416.22 points or 0.63 per cent to 66,495.58 points while the broader Nifty jumped 120 points or 0.61 per cent to 19,809.85 points.
  • Rupee rises 3 paise against US dollar in early trade

    The rupee opened at 83.20 and then touched 83.22 against the greenback, up 3 paise from its previous close.
  • India: Average interest rate on state borrowings soar to 7.68 pc, highest this fiscal

    The prices shot up reflecting the overall higher risk averseness of investors with the rising interest rates along with higher demand, which rose by 14 per cent at the auction in spite of a jump in the average tenor to 15 years from 13 years last week
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