In a fresh push, Kumar Mangalam Birla is consolidating investments in group companies under Birla Group Holdings. The latest round of consolidation will impact seven companies, including Jay Shree Tea & Industries, which is run by Jayshree Mohta,...
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22nd Dec 2024 | Updated at 01:27am 22nd Dec 2024
India poised to be 3rd largest economy by 2030: S&P
India is poised to be the third largest global economy by 2030 but rising population presents mounting challenges in basic service coverage and growing investment needs to maintain productivity, S&P Global Ratings said.
Bajaj Housing Finance shares surge 136% on debut
Shares of Bajaj Housing Finance, one of India's biggest mortgage providers, shot up by as much as 136 per cent to Rs 165 during its trading debut on India's stock exchanges on Monday, after the $782 mn offering drew bids for more than 67 times...
Koo, which was once touted as a locally-developed desi alternative to global micro-blogging giant Twitter (that had been having frequent run-ins with govt over content moderation), is shutting down operations.
India's market regulator Sebi has issued a show-cause notice to Hindenburg, asking why it should not act against the shortseller for violating norms related to the “prohibition of fraudulent and unfair trading practices in the securities market”.
India has now become the world’s third-largest domestic aviation market after the US and China, as airlines such as IndiGo and Air India have expanded their fleet size to cater to the surge in air passengers, according to data compiled by aviation...
After Apple, Google is set to manufacture Pixel smartphones in India, with plans to export the devices to Europe and the US, media reports said. According to reports, the tech giant will soon begin commercial production through partnerships...
Bajaj Auto has introduced the Freedom 125, marking the debut of the world’s first motorcycle to run on Compressed Natural Gas (CNG). This 125 cc commuter bike operates on both petrol and CNG, aiming to significantly lower operational costs for...
Indian officials have cooled hopes of a Tesla production unit in the country as executives of the Elon Musk-led electric vehicle maker have stopped contacting them, reports said.
The Reserve Bank of India (RBI) on Monday, July 1, said the withdrawal of Rs 2,000 denomination banknotes reached 97.87 per cent as of June 28. On May 19, 2023, the central bank announced the withdrawal of the Rs 2,000 currency note denomination....
The latest spectrum auction to sell airwaves to mobile companies ended within two days, with Sunil Bharti Mittal’s Bharti Airtel buying nearly 60% of the £1.13 bn that was sold. After seven rounds of bidding, just over a quarter or 141 Mhz spectrum...
With growing smartphone exports, India is rapidly closing the gap with China and Vietnam. According to a report, mobile phone exports from China and Vietnam decreased by 2.78 per cent and 17.6 per cent respectively in FY24 compared to the previous...
