Business

Automobiles and components stocks witnessed an outflow of $125 million, followed by $101 million worth of selling in diversified financial stocks.

Rural demand indicators like tractor sales recorded a growth of 172 per cent and 36 per cent compared to a low base in March 2020 and even the pre-Covid month of March 2019 respectively.

This sharp growth was due to robust consumer demand and stocking up ahead of upcoming festivals including Akshaya Tritiya in May 2021.

The plan is to complete the study within the current 2021 fiscal year and take appropriate steps to set up this JV company subject to requisite approvals.

The dollar index, which gauges the greenback's strength against a basket of six currencies, fell 0.10 per cent to 90.86.

Smaller firms will be able to capitalise on Samsung's 505 cases of technologies without paying royalties, including 213 mobile and 68 semiconductor patents, the Ministry of Trade, Industry, and Energy said.

IndusInd Bank was the top gainer in the Sensex pack and rose over 2 per cent, followed by M&M, NTPC, HDFC Bank, SBI, TCS, Asian Paints and Reliance Industries.

Each of the major electronics fabrication hubs worldwide recorded an increase in gold demand, says WGC

The Securities and Exchange Board of India (Sebi) has sought comments from public till June 20 on the report.

Mahindra Advanced Design Europe (MADE) is being set up in the West Midlands, and the new Centre of Excellence (CoE) will be a part of the Mahindra global design network that includes the Mahindra Design Studio in Mumbai, and Pininfarina Design in Turin (Italy), Mahindra & Mahindra said in a statement.

The company will expand its overall manufacturing capacity of its potato processing plant in Gujarat to 200 kilo tonne from the present 80 kilo tonne, according to a statement.

The textile and apparel industry was impacted as a result of lockdowns in several states with supply chain and business getting affected.

Proceeds of the fresh issue will be utilised for repayment of certain loans availed by the company as well as for general corporate purpose.

The company is offering a scholarship of up to 50 per cent to selected mothers who can enroll for their choice of career-critical programs.

Petrol prices in some states have breached the Rs 100 per litre mark while premium petrol has been hovering above that level for quite some time now.

The edge computing market is growing fast, accelerated by the remote work and learning in the ongoing pandemic.

The operating performance significantly improved in Q1 2021, reflecting the continued demand recovery which supported a 6.5 per cent sequential increase in steel shipments, it said.

Additionally, the company has made stay arrangements for essential employees for uninterrupted service at the airport.

The dollar index, which gauges the greenback's strength against a basket of six currencies, rose 0.01 per cent to 91.31.

Bajaj Auto was the top gainer in the Sensex pack, gaining over 2 per cent, followed by Bajaj Finance, ITC, HDFC, Titan, Maruti and M&M.

As part of the course, anyone can build apps and get certified from IIITD, Kurnool and Computer Society of India (CSI), and ZeroCode Innovations.

ThoughtSpot now has more than 100 employees based out of India.

In Hyderabad, Colive’s properties at Gachibowli, Gowlidoddi, Wipro Circle and Financial District are now open to frontline workers.

Electrek, citing Automobilwoche, an auto industry paper, states that Tesla's timeline for Gigafactory Berlin has slipped to January 2022.