Business

The European Commission said on Tuesday that it has opened a formal investigation into whether Google violated the bloc's competition rules.

During the year (2020-21), the company posted record performance with the highest ever sanctions and disbursements at Rs 20,892 crore and Rs 9,460 crore, respectively.

Raghuveer Kovuru, Senior Programme Manager, Startup Innovation, T-Hub, said India has the third largest startup ecosystem in the country with about 42,000 registered startups.

Under its #PGSurakshaIndia programme, the company will also continue to extend its support to the broader community in Telangana.

“Lower interest rates, stable property prices and PMAY schemes have made buying a house more affordable,” Renu Sud Karnad, MD, HDFC Ltd said.

ICRA noted that despite the short-term headwinds, it expects the domestic auto component industry to register a 20-23 per cent revenue growth in the current fiscal year.

The portal launched on June 7 continued to face glitches, including longer logging in time, inability to generate OTP for Aadhaar validation, non-availability of ITRs for past years.

This is second in city and 11th in the country

The company will also be setting up offices in these locations, relocating some employees from its Bengaluru headquarters while also hiring locally.

Maruti was the top gainer in the Sensex pack, rallying over 5 per cent, followed by L&T, UltraTech Cement, TCS and Titan.

Bumble founder Whitney Wolfe Herd made the move "having correctly intuited our collective burnout", said a senior executive praising it as "a much-needed break".

Muthoot Pappachan Group picks up 54 per cent stake in the startup as part of its plans to strengthen its presence in digital payments space

About 30 per cent Gen Z professionals were found to be troubled due to lack of jobs, compared to 18 per cent baby boomers.

CyientifIQ – a future-ready innovation platform to identify, build, and deploy IP-driven solutions, products, and platforms.

The mission of the lab is to provide a research and development ecosystem for next-generation technologies designed to improve safety, sustainability, energy efficiency, sanitation, and overall quality of life in densifying cities.

In addition, the license will also allow Sun Pharma to manufacture and sell an unlimited quantity of generic lenalidomide capsules in the US beginning January 31, 2026.

The Nifty50 on the National Stock Exchange was trading at 15,870.75, higher by 124.25 points or 0.79 per cent from its previous close.

On Tuesday, the oil marketing companies (OMCs) raised the price of petrol and diesel between 25-30 paise per litre across the four metros.

Lower rate in other saving avenues amidst the low interest rate regime has led to greater interest by individuals in the stock market.

The key drivers for a likely pick up in corporate capex will be benefit of lower corporate taxes and interest costs amount to Rs. 2tn per annum.

At the interbank foreign exchange, the rupee opened lower at 74.18 against the dollar, then fell further to 74.20, registering a fall of 10 paise over its previous close.

PHDCCI President Sanjay Aggarwal said that trade and industry have to be rejuvenated for achieving a high economic growth trajectory in 2021-22.

With almost 3,700-plus customers in India and 26 other countries, the company is the preferred payroll and talent management system of various brands.

The safe and contactless services at the customers' homes include car sanitisation and fumigation, general car check-up, and car dry wash in addition to minor repairs and fitments.