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Home  Business

Business

Amazon ‘excited’ about India; sees huge headroom for e-comm market growth

Amazon ‘excited’ about India; sees huge headroom for e-comm market growth

  • Hyundai sales up 15 pc in August at 71,435 units

    Domestic sales rose 9 per cent to 53,830 units last month, from 49, 510 units in the year-ago period, the South Korean automaker said in a statement.
  • Commercial LPG prices reduced by Rs 158

    "New Rates in Effect: Delhi's 19kg Commercial LPG Cylinder Priced at Rs 1,522"
  • Monthly UPI-based transactions exceed 10 billion for 1st time

    The National Payments Corporation of India (NPCI) confirmed on Thursday that the monthly transaction count on UPI has surpassed 10.24 billion, accompanied by a net transaction value of Rs 15.18 trillion.
  • Rupee falls 7 paise to settle at 82.70 against US dollar

    According to Jateen Trivedi, VP Research Analyst at LKP Securities, the capital market experienced profit booking, particularly in the financial sector, which had an impact on the rupee's performance.
  • Cut and polished diamond export likely to decline 15 pc this fiscal: Report

    After a robust growth in the past two fiscals, exports of cut and polished diamonds saw a 32 per cent decline in the April-July period.
  • All-India House Price Index up by 5.1 per cent: RBI data

    The RBI releases quarterly House Price Index based on transaction-level data received from the registration authorities in ten major cities
  • Nestlé India enters into millets-based Ready-to-Make category

    FMCG maker Nestle India has entered into the millets-based Ready-to-Make (RTM) market by extending its nutrition brand a+ in the category.
  • Sebi extends timeline to submit public comments on proposal concerning account aggregator

    An Account Aggregator (AA), a RBI-regulated Non-Banking Finance Company (NBFC), helps an individual securely and digitally access and share information from one financial institution they have an account with to any other regulated financial institution in the AA network.
  • SoftBank expected to completely divest from Zomato in upcoming months

    Sources suggest that SoftBank retains approximately 2.18% of its stake in Zomato, which it is considering selling through block deals
  • Adani Group stocks fall; Adani Green Energy declines over 4 pc after OCCRP allegations

    Adani group stocks fell on Thursday after a report from investigative reporting platform OCCRP alleged hundreds of millions of dollars were invested in publicly traded group stocks
  • Sensex, Nifty eke out marginal gains in early trade

    Equity benchmark indices Sensex and Nifty witnessed volatility in early trade on Thursday and gained marginally as investors await firmer global cues and GDP numbers
  • Rupee rises marginally to 82.62 against US dollar in early trade

    The rupee traded in a narrow range and appreciated by 1 paise to 82.62 against the US dollar in early trade on Thursday amid a positive trend in the domestic equity market
  • PhonePe forays into stock trading segment with Share.Market platform

    The Walmart group firm PhonePe has started 'Share.Market' with stocks and ETFs. It will gradually add future and options as well as other segments.
  • RBI Guv calls for stronger measures to recover bad loans in urban co-op banks

    He also stressed that the Board's role is pivotal in establishing a robust IT and cybersecurity infrastructure and availability of requisite skills at the bank level.
  • Axis Bank launches ‘Infinity Savings Account’  

    Axis Bank will not impose any penalty on customers for non-maintenance of minimum balance in their accounts. Additionally, the third largest private sector bank in India will waive off all domestic charges, including debit card and ATM charges.
  • 1st-ever ‘Global IndiaAI 2023’ event to boost AI innovations in ChatGPT era

    After the huge success of the SemiconIndia conference, the Global IndiaAI event will also catalyse India's AI landscape, said Union Minister of State for Electronics and IT, Rajeev Chandrasekhar.
  • Sensex, Nifty pares early gains to end on flat note

    In the Sensex pack, majority of the shares closed in the positive territory. Among the main gainers were Jio Financial Services which jumped 4.99 per cent, Tata Steel (2.09 per cent), Maruti Suzuki (1.87 per cent), M&M (1.31 per cent) and Infosys (1.19 per cent).
  • Gold futures rise Rs 79 to Rs 59,345/10 gms

    Gold price rose Rs 79 to Rs 59,345 per 10 grams in futures trade as speculators created fresh positions on firm spot demand.
  • Zomato stock rises as SoftBank reportedly sells 100 million shares for INR 947 Crore

    Japanese company SoftBank’s SVF Growth Fund is the likely seller in this mega transaction, according to CNBC TV18.
  • Rupee rises 7 paise to 82.73 against US dollar in early trade

    Rising crude oil prices and strengthening dollar, however, weighed on the Indian currency, according to forex traders.
  • Sensex jumps 322 points in early trade

    Sensex jumped 322.09 points or 0.49 per cent to 65,397.91 points while the broader Nifty rose 84.30 points or 0.44 per cent to 19,426.95 points.
  • Sebi slaps Rs 45 lakh penalties on 9 entities for non-genuine trades

    Capital market regulator Sebi levied penalties totalling Rs 45 lakh on nine entities for indulging in non-genuine trades in the illiquid stock options segment on BSE.
  • Adding 100 mn skilled Indians to workforce can increase GDP by 20 pc: Report

    Almost 50 per cent of India's young informal workforce and those outside it are willing to upskill to bridge Indias employability gap, according to the report by investment firm Omidyar Network India with research partner Redseer
  • India to sweeten Rakshabandhan fest with packed mithais, chocolates: Kirana survey

    Conducted by the Kirana Club among 25,000 grocery shops, the survey, released here on Monday, found that besides the packed mithais and chocolate boxes, the next on the list of high-demand would be 'namkeens' (salty snacks) and ready-mixes.
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