NEW DELHI — Online food delivery platform Swiggy is planning to file for an initial public offering (IPO) worth $1.2 billion this year after receiving an approval from its shareholders. According to a regulatory filing, the company aims to raise up...
25 Apr 2024MUMBAI — The Reserve Bank of India (RBI) on Wednesday issued an alert against unauthorised entities offering foreign exchange (forex) trading facilities to Indian residents with promises of exorbitant returns. The RBI has asked all banks to refer t...
24 Apr 2024SEOUL — Four major conglomerates saw their combined operating profit plunge 65 per cent last year, hit by sluggish sales amid an economic slowdown, a report showed on Wednesday. Some 306 affiliates of four conglomerates — Samsung, SK, Hyundai...
24 Apr 2024MUMBAI — While India’s recent growth performance has surprised many, triggering a flurry of upgrades from financial institutions such as the IMF, the RBI bulletin released on Tuesday cites six factors that will propel the country to become the wo...
23 Apr 2024NEW DELHI — Aston Martin on Tuesday launched the new sports car ‘Vantage’ at INR 3.99 crore (ex-showroom) in India. According to the company, the new Vantage boasts a muscular physique and unmistakable presence, with design cues inspire...
23 Apr 2024NEW DELHI — Reliance Industries Limited (RIL) has reported gross revenues of INR 10 lakh crore ($119.9 billion) for the year ended March 2024, up 2.6 per cent year-on-year supported by continued growth momentum in consumer businesses and upstream b...
22 Apr 2024MUMBAI — The Reserve Bank of India (RBI) has asked non-bank payment system operators (PSOs), to track high-value or suspicious transactions through electronic modes of payment during the ongoing Lok Sabha elections to prevent any misuse of funds to...
22 Apr 2024SEOUL — Hyundai Motor Group said on Monday it has signed a 174-megawatt power purchase agreement (PPA) with a solar energy project led by Spain’s Matrix Renewables to power its envisioned electric vehicle (EV) plant in the United States with ...
22 Apr 2024NEW DELHI — India’s net direct tax collections surged by a massive 17.7 per cent year-on-year to INR 19.58 crore in the fiscal year ended March 2024, surpassing even revised estimates by a wide margin, the tax department said on Sunday. Net c...
21 Apr 2024NEW DELHI, APRIL 20 (IANS): Online food delivery platform Zomato has received a goods and services tax (GST) demand and penalty order worth INR 11.81 crore. The order consists of INR 5.9 crore in GST demand and a penalty of INR 5.9 crore for July 201...
20 Apr 2024NEW DELHI — Indian Railways will operate a record-breaking 9,111 trips across the country to cater to the anticipated surge in travel during the summer season, the Ministry of Railways said on Friday. This translates to an increase of 2,742 trips o...
19 Apr 2024NEW DELHI — Suspension of Tata-owned Air India flights to and from Dubai will continue till Sunday (April 21), the airline said on Friday. Following severe flooding in Dubai, United Arab Emirates (UAE), Air India suspended its flight operations on ...
19 Apr 2024NEW DELHI — In recent years, the demand for smartphones with quick-charging capabilities has skyrocketed. Given the hectic lifestyles of today’s younger generations, spending an hour or two waiting for your phone to charge is now considered a...
19 Apr 2024NEW DELHI — Oil prices surged by $3 a barrel in the international market on Friday amid reports of Israel launching a missile attack against Iran raising fears of escalating geopolitical tensions that could disrupt crude shipments. The benchmark Br...
19 Apr 2024BENGALURU — In a fillip to the government’s local manufacturing push for IT hardware, technology company Altos India on Thursday said it has expanded its manufacturing portfolio to include high-end ‘Make in India’ workstations and...
18 Apr 2024NEW DELHI — The baby-food brands sold by global giant Nestle in India contain high levels of added sugar, unlike the same products in the UK, Germany Switzerland, and other developed nations, revealed an investigation by Swiss organisation Public E...
18 Apr 2024CHENNAI — The price of crude oil would breach $100, the central bank may delay cutting the repo rate over uncertainty over disinflation, exports to West Asia may be affected and an increase in shipping costs are some of the likely impact if the con...
18 Apr 2024NEW DELHI — Airtel Payments Bank on Thursday launched eco-friendly NCMC (national common mobility cards) enabled debit and prepaid cards in partnership with the National Payments Corporation of India (NPCI). These interoperable cards are powered by...
18 Apr 2024NEW DELHI — The baby-food brands sold by global giant Nestle in India contain high levels of added sugar, while such products are sugar-free in the United Kingdom, Germany Switzerland, and other developed nations, an investigation by Public Eye, a ...
18 Apr 2024NEW DELHI — The electronics industry in India saw a massive 154 per cent growth in hiring and skilling in the last financial year (from March 2023 till March this year) and the telecom domain led the industry, a report showed on Thursday. The telec...
18 Apr 2024NEW DELHI — Following the successful unveiling of its P Series, specifically curated for the Indian market, the much-anticipated realme smartphone series will soon be available to purchase on both realme’s official website and its e-commerce ...
18 Apr 2024SEOUL — Hyundai Motor, Mercedes-Benz Korea, and two other carmakers will recall over 11,000 vehicles due to faulty components, the transport ministry here said on Thursday. The four companies, including Stellantis Korea and Man Truck & Bus Kore...
18 Apr 2024NEW DELHI — Renewable energy company CleanMax on Wednesday said that it has partnered with Apple to accelerate renewable energy adoption in India. As part of the collaboration, CleanMax has successfully installed 14.4 megawatts of rooftop solar ins...
17 Apr 2024NEW DELHI — One 97 Communications Limited (OCL) which owns the brand Paytm, India’s leading payments and financial services company and the pioneer of QR, soundbox and mobile payments, received go ahead, on Tuesday from the National Payment Corpo...
17 Apr 2024NEW DELHI — Samsung on Wednesday said that it is targeting INR 10,000 crore revenue from its Artificial Intelligence (AI)-powered Neo QLED, OLED TV business in India. Samsung ended 2023 with a 21 per cent volume market share and this year it is loo...
17 Apr 2024