Business

New Delhi: Approval from market regulator Sebi is “necessary” for Adani group firm Vishvapradhan Commercial Private Ltd to acquire interests in NDTV’s promoter entity RRPR Ltd against an unpaid loan, a regulator filing said on Thursday. The Securities and Exchange Board of India (Sebi) on November 27, 2020, restrained the founder-promoters Prannoy and Radhika Roy […]

Mumbai: Equity benchmark Sensex rallied over 300 points in early trade on Thursday, tracking gains in banking, finance and metal stocks amid a firm trend in global markets. The 30-share BSE Sensex climbed 305.74 points to 59,391.17 in early trade. Similarly, the broader NSE Nifty advanced 85.05 points to 17,690. From the Sensex pack, Tata […]

Mumbai: The rupee appreciated 6 paise to 79.80 against the US dollar in opening trade on Thursday, tracking its Asian peers and a positive trend in domestic equities. At the interbank foreign exchange, the domestic unit opened at 79.80 against the dollar, registering a gain of 6 paise over its previous close. On Wednesday, the […]

New Delhi: Apple on Wednesday announced its flagship product launch event for this year that will take place on September 7. Called ‘Far Out,’ the event will showcase new iPhone 14 lineup, Watches and other products. This will be an in-person event at Apple’s Cupertino campus in the US, the company’s first big event to take […]

Hyderabad: Royal Enfield, the oldest motorcycle brand in continuous production, launched the new Hunter 350 in Telangana. It is designed for those who like the Royal Enfield legacy but do not like the weight and stance of the existing models. While still powered by a 350 cc engine, it has a shorter wheelbase, is compact […]

Stanplus has about 3,000 ambulances on its platform including 500 own fleet and remaining belonging to its partners, and also tying up with hospital chains to manage their emergency response system.

New Delhi: With the aim to cater to content creators, Taiwanese tech giant ASUS on Wednesday launched six new laptops in the Indian market that start at Rs 67,990 and go up to Rs 329,990. The Creator Series laptops include the flagship Zenbook Pro 14 Duo OLED and Pro16X OLED, along with ProArtStudioBook Pro 16 OLED […]

New Delhi: India’s largest carmaker Maruti Suzuki on Wednesday said it will recall 166 Dzire Tour S vehicles for replacing Airbag Control Unit free of cost for possible defects. The vehicles that will be recalled have been manufactured between 6th August 2022 to 16th August 2022. The recall is being undertaken to replace the Airbag […]

New Delhi: Sony India on Wednesday introduced a new shotgun microphone — the ECM-G1 — that is said to be highly portable and perfect for content creators to capture high-quality audio. Priced at Rs 10,290, the ECM-G1 features a large-diameter microphone capsule that collects clear sound while suppressing noise. “The ECM-G1 is the perfect microphone for […]

San Francisco: An unopened first-generation 2007 iPhone in a sealed box has been sold for $35,000 (nearly Rs 28 lakh) in an auction in the US. On January 9, 2007, then Apple CEO Steve Jobs unveiled the iPhone — a touchscreen mobile phone with an iPod, camera and Web-browsing capabilities, among other features — at […]

New Delhi: Shares of NDTV jumped 5 per cent to hit their highest trading permissible limit for the day on Wednesday after Adani group launched a bid to take over the media company. The stock climbed 5 per cent to Rs 384.50 — its upper circuit limit as well as 52-week high — on the […]

Mumbai: Equity benchmarks gave up early gains on Wednesday and were later trading lower in tandem with weak global markets. The 30-share BSE Sensex, which climbed 82.36 points to 59,113.66 in early trade, later fell in the negative territory. Similarly, the broader NSE Nifty had advanced 27.9 points to 17,605.40 in initial trade but failed […]

Mumbai: The rupee depreciated 4 paise to 79.87 against the US dollar in opening trade on Wednesday, tracking the strength of the American currency in the overseas market. At the interbank foreign exchange, the rupee opened at 79.84 against the dollar, then fell to 79.87, registering a decline of 4 paise over the last close. […]

New Delhi: The Congress on Wednesday termed the Adani group’s buying of 29.18 per cent stake in media group NDTV a “hostile takeover”. Taking to Twitter, Congress General Secretary Jairam Ramesh said: “The news of a deeply over-leveraged company owned by the PM’s ‘khaas dost’ making a hostile takeover bid of a well-known TV news […]

Hyderabad: Startup innovation enabler T-Hub announced its partnership with angel investors Hyderabad Angels in Hyderabad. Hyderabad Angels will provide access to investment opportunities from India, the USA, the UK, Singapore, Dubai, and UAE, among other countries, to the startups. It will also have a presence at the new facility of T-Hub. “Joining forces with Hyderabad […]

Mumbai: The Indian stock market’s key indices, Sensex and Nifty, witnessed volatile trading with negative bias on Tuesday dragged by heavy selling pressure in IT and banking stocks. The 30 stock S&P BSE Sensex was trading at 58,736.90 points at 11.57 am, which is 36.97 points or 0.06 per cent down from its previous day’s […]

San Francisco: The US-based car maker Ford Motor has reportedly confirmed that it is laying off roughly 3,000 employees and contract workers, with the cuts primarily affecting staff in the US, Canada and India. According to The Wall Street Journal, Ford sent an internal email to employees, saying it would begin notifying affected salaried and […]

Hyderabad: Winsupply Inc, has started its new Global Development Centre (GDC) in Hyderabad. Winsupply, headquartered at Dayton, USA, is a leading company in wholesale distribution for residential and commercial construction. Winsupply owns a majority equity stake in more than 650 companies across the United States. Christopher Schrameck, Senior Vice President of Information Technology, Winsupply met […]

New Delhi: Online food delivery platform Zomato has stopped signing up new users or renewing old subscriptions for its loyalty dining membership programme called ‘Pro’, as the Deepinder Goyal-run company is working with customers and restaurant partners to craft a new programme. The move comes as fine-dine restaurants are now open across the country after […]

Mumbai: Equity benchmarks fell in early trade on Monday with the Sensex declining nearly 420 points amid mixed global market trends. The 30-share BSE benchmark, which had started the trade on a weak note, further fell 419.69 points to 59,226.46. The broader NSE Nifty declined 140.6 points to 17,617.85. From the Sensex pack, Kotak Mahindra […]

Mumbai: The rupee appreciated 4 paise to 79.80 against the US dollar in opening trade on Monday, supported by receding crude prices in global markets and weakness in the American currency overseas. However, losses in the domestic stock markets weighed on the local unit and restricted the gain, forex traders said. At the interbank foreign […]

Bengaluru: Surge, which is Sequoia India and Southeast Asia’s rapid scale-up programme, on Monday launched its seventh cohort, featuring 37 founders across 15 early-stage startups. One-third of the startups include at least one female founder and several startups have second and third time founders. Surge startups have collectively raised over $1.7 billion in follow-on funding to […]

Hyderabad: Pet parents go the extra mile to keep their pets healthy. In this direction, many are now opting to buy insurance cover for their pets. The cover starts around Rs 300 per year for a small pet for a single type of cover such as terminal diseases. Players like Bajaj Allianz General Insurance, The […]

New Delhi: Investors continued to withdraw from mutual funds focused on investing in fixed-income securities for third consecutive quarter and pulled out over Rs 70,000 crore in April-June due to high inflation and an increasing rate cycle. “In the next (September) quarter, it is safe to assume that monetary conditions will be tighter in terms […]