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Home  Business

Business

Covid pandemic widens socio-economic inequalities: Oxfam

Covid pandemic widens socio-economic inequalities: Oxfam

  • Sensex drops over 200 points in early trade; Nifty tests 15,700

    HCL Tech was the top loser in the Sensex pack, shedding over 2 per cent, followed by HDFC Bank, Bharti Airtel, M&M, IndusInd Bank, ICICI Bank and Axis Bank.
  • Sebi, DRI probing Adani Group firms: Minister Pankaj Chaudhary

    Minister of State for Finance Pankaj Chaudhary in a written reply to a question said accounts of three of the six Mauritius-based funds
  • Indian economy shows signs of recovery: Nirmala Sitharaman

    Quoting the World Investment Report 2021, the Finance Minister said FDI inflows into India rose by 25.4 per cent to reach USD 64 billion in 2020
  • Blackstone to acquire majority stake in Simplilearn for $250 mn

    Blackstone said private equity funds managed by it have entered into a definitive agreement to buy out the existing investors -- Kalaari Capital, Helion Venture Partners and Mayfield Fund, who collectively own 60 per cent of Simplilearn.
  • 17.84Mbps is average mobile internet download speed in India

    The Internet speeds in India continue to witness an upward trend, taking the country to 70th (+3) and 122nd (+6) position in the global internet speed ranking based on fixed broadband and mobile download speeds
  • India’s digital ad market to hit $30 billion in next decade: Report

    The digital ad market is likely to contribute 70-85 per cent of the total ad market, which currently stands at 33 per cent in the country.
  • Razorpay acquires lending startup TERA Finlabs

    TERA Finlabs is an Indian subsidiary of GAIN Credit, a leading UK digital lender which was launched in 2018 to expand their global footprint in digital lending.
  • Telangana attracting major investments in BFSI: KTR

    “Hyderabad is emerging as a key investment destination for the banking and financial services industry in India", said Rama Rao.
  • Microsoft unveiled cloud-based OS – Windows 365

    With Windows 365, users can take their experience of Windows 10 or Windows 11 to Microsoft cloud and all their data, apps and settings will be stored on cloud.
  • US safety regulator, Amazon in tussle over hazardous products’ recall

    Since 2019, Amazon has sold nearly 4 lakh 'faulty' hair dryers, 24,000 carbon monoxide detectors that didn't detect carbon monoxide and an unspecified number of "children's sleepwear garments"
  • Rupee tumbles 20 paise to 74.77 against US dollar in early trade

    The dollar index, which gauges the greenback's strength against a basket of six currencies, was trading up 0.02 per cent at 92.70.
  • Goldman Sachs opens new Hyderabad office

    To recruit 2,500 people, 5 times it has initially planned to
  • Zoom acquires Cloud call centre firm Five9 for $14.7 billion

    The acquisition is set to help enhance Zoom's presence with enterprise customers and allow it to accelerate its long-term growth opportunity by adding the $24 billion contact centre market.
  • LG Electronics unveils new compact sound bar for $790

    LG Eclair will be launched in North America later this month and will hit the shelves in major European and Asian countries. In South Korea, the premium sound bar comes with a price tag of 899,000 won ($790).
  • Sensex tanks over 500 points in early trade; Nifty slips below 15,800

    HDFC Bank was the top loser in the Sensex pack, shedding over 2 per cent, followed by HDFC, IndusInd Bank, Kotak Bank, Axis Bank and ICICI Bank.
  • India Inc’s overseas direct investment in June doubles at USD 2.8 bn

    India Inc had invested USD 1.39 billion in overseas ventures in the year-ago month
  • Gross leasing of office space down 22pc across six cities in Jan-June

    The gross absorption stood at 13 million square feet in the year-ago period across India's six major office market and now it is 10.1 million sq ft
  • Automobile exports from India recover in Q1

    As per the latest SIAM data, total vehicle exports during the April-June quarter this fiscal stood at 14,19,430 units as compared with 4,36,500 units in the same period of 2020-21
  • Reliance’s O2C, new energy biz may be valued over USD 100 bn: Report

    At the company's AGM of shareholders last month, Ambani announced a plan to invest Rs 75,000 crore in a new energy business over the next 3 years in the next stage in its transformation.
  • IBA to soon move application to RBI for setting up Rs 6,000-cr bad bank

    Having secured licence from Registrar of Companies, Indian Banks' Association will move an application to RBI to set up Rs 6,000-cr National Asset Reconstruction Company Ltd or bad bank
  • Looking at record sales in India in 2021: Lamborghini

    The company, which sells a range of super luxury cars, is looking to beat its best-ever performance in the country recorded in 2019 when it sold a total of 52 units
  • Sharp rise in Amazon customer base in tier II, smaller towns

    Work-from-home and online schooling enablers are in high demand, besides personal grooming, wellness and grocery products as more customers are getting online for their shopping needs
  • CII for Pandemic Pool to manage risks on long-term basis

    Observing that the risk associated with the pandemic is currently top-of-the-mind issue for most individuals and businesses, CII said their participation for premium funding can be appropriately solicited
  • Classic Legends expands footprint in Hyderabad

    Opens sixth Jawa showroom with Gautam Motorcycles establishing new dealer outlet at Malakpet
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