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Home  Business

Business

Sensex surges over 300 points in early trade; Nifty tops 14,900

Sensex surges over 300 points in early trade; Nifty tops 14,900

  • Hyderabad, a hotspot for MedTech innovation: KTR

    Telangana Government have taken a holistic approach to the MedTech sector with a strategy focused to innovate, scale up and manufacture, says KTR.
  • Hyderabad emerging as medical devices hub: KTR

    KTR said, the State which commissioned the country’s largest medical devices park in Sultanpur (near Hyderabad) in 2017 today has attracted over 40 companies setting up units.
  • Govt approves PLI scheme for air-conditioners, LED lights

    Commerce and Industry Minister Piyush Goyal said that the approval of the scheme for ACs and LEDs will give a boost to domestic manufacturing.
  • Airtel announces 5G ready platform to fuel ‘World of Connected Things’

    'Airtel IoT' is an end-to-end platform with the capability to connect and manage billions of devices and applications in a highly secure and seamless manner, the company said.
  • Mercedes-Benz India Q1 sales up 34 pc to 3,193 units

    The growth indicates a strong recovery ahead, with multiple new products lined up for launch, Mercedes-Benz India said in a statement.
  • Vedanta’s ‘waste to wealth’ foster local MSMEs in Odisha, Chhattisgarh

    The project forms a key pillar of Vedanta's sustainability agenda that is centred on 'Zero Harm, Zero Waste and Zero Discharge'.
  • Tata Power Solar doubles manufacturing capacity to 1100 MW

    The expansion is based on the significant increase in demand for its solar modules
  • MEIL indigenously making rigs for oil and gas sector

    MEIL has bagged the order to manufacture and supply 47 drilling rigs worth Rs 6,000 crore via a tender from ONGC in 2019.
  • WhatsApp makes shopping easy on its business platform

    Currently, people can browse more than 8 million business catalogs on WhatsApp, including 1 million in India, to find something they might like to buy.
  • RBI targets 5.2 per cent retail inflation for first half of FY22

    Reserve Bank of India (RBI) has kept the key repo rate unchanged at 4 per cent to support growth in the current situation.
  • Medtronic sets up largest R&D centre outside the US in Hyderabad

    New facility will boost Telangana’s MedTech plans and cement Hyderabad’s position as the medical devices hub in India, says KTR.
  • Rupee slumps 24 paise to 73.66 against US dollar in early trade

    Reserve Bank of India on Wednesday expectedly left interest rates unchanged and maintained an accommodative stance as the economy faces a renewed threat.
  • Samsung expects $8.3B in Q1 earnings on strong mobile business

    Samsung, the world's leading memory chip and smartphone vendor, did not break down performances of its respective business divisions.
  • RBI keeps interests rates unchanged

    The central bank kept the benchmark repurchase rate unchanged at 4 per cent and maintained accommodative policy stance to support growth.
  • Sensex jumps 200 points in early trade; Nifty tests 14,750

    Reliance Industries was the top gainer in the Sensex pack, rising over 2 per cent, followed by Bharti Airtel, PowerGrid, UltraTech Cement, Dr Reddy's, IndusInd Bank and ONGC.
  • IMF projects India’s growth rate to jump to 12.5 pc in 2021

    Washington-based global financial institution, in its annual World Economic Outlook ahead of the annual Spring meeting with the World Bank, said the Indian economy is expected to grow by 6.9% in 2022
  • Split roles of chairman, MD before April 2022: Sebi chief

    The regulation will now be applicable to the top 500 listed entities by market capitalisation, with effect from April 1, 2022
  • India to buy one-third less oil from Saudi

    IOC and three other refiners have sought just 65 per cent of the monthly average of about 15 million barrels from Saudi Arabia in May, three sources with knowledge of the matter said
  • Jio inks pact with Airtel for acquisition of some spectrum

    Through this agreement, Airtel will receive a consideration of Rs 1,037.6 crore from Jio for the proposed transfer
  • KKR closes $15 bn PE fund to invest in APAC

    The company, which has over $5.7 billion invested or committed in the country across 20 deals, did not specify how much of the newly raised Asian Fund IV will be committed to India
  • Credit Suisse foresees $4.7 billion charge over hedge fund default

    Zurich-based bank said it provisionally expects to report a loss of 900 million francs for the first quarter, though final figures are still being worked out
  • Foreign Portfolio Investment inflow of Rs 2.74 lakh cr in equity markets

    This reflects steadfast confidence of foreign investors in the fundamentals of the Indian economy, the Finance Ministry said in a statement
  • Hyderabad-based Ozonetel joins hands with IstTek

    Ozonetel’s introduction to the EMEA market brings an unparalleled feature rich contact centre solution built on a fully customisable open API architecture, enabling true omni-channel cloud capabilities
  • Varde funds Phoenix $155 mn for two office developments in Hyderabad

    To date, over 1.5 million square feet has been pre-let to two multi-national companies, reflecting the quality and location of the assets.
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