Business

Apple is collaborating with long-time partner TSMC to create and develop the next generation of display technologies at a highly secretive lab in Taiwan, reports Nikkei Asia.

The company has raised $90 million (over 655 crore) in primary fund raise, and ensured secondary exit for its angel investors and employees for a total amount of $18 million (nearly Rs 131 crore).

Its delivery gross bookings grew a massive 130 per cent to reach $10.05 billion in the fourth quarter -- reaching $44 billion annual bookings run-rate -- while mobile gross bookings were down 50 per cent to $6.79 billion.

Rates vary from state to state depending on the local incidence of taxation (VAT) and freight.

Shares of Bata India were trading 4.18 per cent lower at Rs 1,503.95 apiece on BSE. 

The company also announced the launch of its new touchless storage water coolers and softpush bottled water dispensers.

The update is just 2.2MB in size and can be applied using the Galaxy Wear app for Android or Galaxy Buds app for iOS.

The new flights also include four new seasonal flights connecting Jaisalmer, the 'Golden City' of India, with Delhi and Ahmedabad, the airline said in a release.

The dollar index, which gauges the greenback's strength against a basket of six currencies, rose 0.02 per cent to 90.38.

Bharti Airtel, Reliance Industries, Bajaj Finserv, Bajaj Finance and SBI were among the top gainers in the Sensex pack, rising up to 2 per cent.

Hyderabad: Effective management becomes critical in times of crisis such as what the world has been facing close to a year and we need to find a balance between what worked before and what needs to happen to succeed in the next normal, said MA&UD Minister KT Rama Rao in his message to the Regional […]

Instituted in 1991 by the Institute of Directors (IOD), India, the Golden Peacock Award is regarded as a global recognition for corporate excellence.

Hyderabad: NxtWave, backed by iB Hubs, is organising a free Industry 4.0 tech online bootcamp to help students realise the immense opportunities in the job market. The bootcamp is being made available to the students for free and is completely online. They can attend the bootcamp from their homes/colleges. It is scheduled to happen on […]

Moreover, domestic passenger traffic fell to 3.77 crore in March-December period of 2020 from 11.99 crore in the corresponding period of 2019, the Minister said.

Federation of Indian Export Organisations (FIEO) President S K Saraf said certain provisions brought through the Finance Bill have "serious" bearing on exports.

Net profit of Rs 1,487.33 crore, or Rs 3.30 a share, in October-December, was 19 per cent more than Rs 1,250.65 crore, or Rs 2.77 per share, in the same period a year back

It said India entered the pandemic with little fiscal headroom from a rating perspective.

It will also continue the existing employment of about 580 employees on a permanent basis and another 1,500 persons on an ad-hoc basis.

Besides, the regulator is also looking to devise a methodology and calculation of compensation.

Total income declined by 51.36 per cent to Rs 1,907 crore during the quarter under review as compared to Rs 3,921 crore clocked in Q3 FY20, according to a regulatory filing.

Imports too increased by a marginal 0.7 per cent to USD 72.5 million during the week, the official added.

The company has posted consolidated PAT of Rs 1,062 crore in the year-ago period, Hindalco Industries said in a filing to BSE.

Accordingly, the ratings agency's estimates showed that after recording negative growth during 9MFY21, GDP growth will finally turn positive at 0.3 per cent YoY in 4QFY21.

The bank had registered a net profit of Rs 105.52 crore in the year-ago period.