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Home  Business

Business

India’s exports dip 5.4 per cent in October

India’s exports dip 5.4 per cent in October

  • Ola in talks with various state govts to start e-scooter manufacturing in India

    New Delhi: Ola is in talks with various state governments to set up India’s largest e-scooter manufacturing plant, according to sources. Sources close to the development said Ola Electric, the EV arm of the ride hailing company, has been engaging with state governments, including Karnataka, Tamil Nadu, Andhra Pradesh and Maharashtra, to set up an […]
  • Uber adds e-rickshaws to platform, deploys 100 such vehicles in Delhi

    Uber said the launch is in line with the company's recently announced global commitment to make all rides on its platform 100 per cent emission-free by 2040 through zero-emission vehicles.
  • Sensex rallies over 400 points in early trade; Nifty hovers around 11,800

    ICICI Bank was the top gainer in the Sensex pack, surging around 4 per cent, followed by SBI, IndusInd Bank, HDFC Bank, Tata Steel and HDFC.
  • Rupee rises 14 paise against US dollar in early trade

    The dollar index, which gauges the greenback's strength against a basket of six currencies, fell 0.14 per cent to 94.01.
  • Pepperfry to set up 25 new stores by March

    Aims to achieve profitability in next 8-10 months followed by an IPO
  • Govt extends Emergency Credit Line Guarantee Scheme

    It was launched as part of the Aatmanirbhar Bharat Abhiyan package announced by Finance Minister Nirmala Sitharaman in May to mitigate the distress caused by coronavirus-induced lockdown
  • India’s manufacturing PMI rises for 3rd straight month

    Manufacturers indicated that the ongoing relaxation of COVID-19 restrictions, better market conditions and improved demand helped them to secure new work in October
  • Reliance to start gas production from R-Series field

    Reliance is working on three projects in the Krishna Godavari basin KG-D6 block, where production from older fields stopped in February this year
  • Tata Power sells defence business to TASL

    The company said it is expected to receive an enterprise value of Rs 1,076 crore as an upfront payment
  • Coromandel International Q2 profit up 17 per cent

    The company’s consolidated total income however declined to Rs 4,620 crore during the second quarter, compared to Rs 4,867 crore
  • NTPC board okays share buyback worth Rs 2,275 cr

    The board approved the proposal to buy back 19,78,91,146 fully paid-up equity shares at a price of Rs 115 per unit for an aggregate consideration not exceeding Rs 2,275.75 crore
  • HDFC Ltd profit declines 57 per cent

    The consolidated profit after tax attributable during the corresponding three months of 2019-20 stood at Rs 10,389 cr
  • PhonePe now has 250 million users in India

    The company also reported over 100 million monthly active users (MAU) and 2.3 billion app sessions in October.
  • Apple iPhone 12: Make your life extra brighter this Diwali

    Beyond the stunning design, iPhone 12 has some key internal ingredients which will elevate the whole experience to a brand new level in the ongoing festive season, as people spend time at home with families
  • Samsung heir to be richest stockholder in South Korea

    Lee Kun-hee, Samsung Electronics chairman and chief of South Korea's top conglomerate Samsung Group, died on October 25 at age 78, more than six years after being hospitalized for a heart attack.
  • Rupee slumps 30 paise to 74.40 against US dollar in early trade

    Losses in domestic stock markets and uncertainty ahead of US presidential election weighed on the investor sentiment, traders said.
  • Sensex shed over 200 points in early trade; Reliance tanks 4 pc

    Reliance Industries was the top laggard, tanking over 4 per cent, followed by HCL Tech, TCS, Asian Paints, Bajaj Auto, Infosys and HUL.
  • Corrugated paper industry facing dual challenge

    Corrugated box industry was in distress over the rising Kraft paper prices, a key raw material to make corrugated boxes, and also supply disruptions due to Covid pandemic
  • TechFynder plans expansion, hire 200 people in Hyderabad

    The company has its development centre in Hyderabad with about 20 people and plans to increase this number to 200 by end of next year
  • Maruti, Hyundai, Tata Motors witness brisk sales during Navratri period

    The country's largest carmaker Maruti Suzuki India (MSI) reported around 27 per cent increase in retail sales at close to 96,700 units during the Navratri period this year
  • Tax collection showing signs of pick up: Finance Secy

    Ajay Bhushan Pandey said the generation of e-way bills, needed for transportation of goods, is back to pre-Covid levels and online payments have risen exponentially
  • STPI exports at Rs 2.49 lakh crore: DG

    The exports clocked by STPI-registered units stood at Rs 4,47,750 crore in 2019-20, about 6 per cent higher than the previous year
  • Non-life insurers see 6 per cent fall in premium income

    The 34 non-life insurance companies had garnered a premium income of Rs 24,111.78 crore in the same month of previous fiscal year 2019-20
  • Equity MFs log Rs 7,200-cr outflow

    In comparison, such schemes had witnessed a hefty inflow of Rs 23,874 crore in the same quarter last fiscal
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