Category: Business

The vagueness of the commitments and lack of any binding requirements likely helped win over a diverse swath of companies, but disappointed advocates were looking[more...]

Meta, Zuckerberg's company, went through a major staff cut, and they're also getting rid of some management layers to be more efficient. For instance, Instagram[more...]

CHENNAI : South-based cement manufacturer Ramco Cements Limited has estimated capital expenditure of Rs 1,700 crore for the upcoming 2024-25 financial year (FY25) after nearly[more...]

The San Francisco-based startup warned that the "current model has weaknesses" such as confusing left and right or failing to maintain visual continuity throughout the[more...]

The union suggested utilising the Vodafone Idea Limited network because the government is the largest stakeholder in the company. Currently, the Government of India holds[more...]

"Prudent monetary and fiscal policies have paved the path for India's success in sailing through these rough waters. The Reserve Bank projects the Indian economy[more...]

NEW DELHI: In fresh trouble for Paytm, the Enforcement Directorate (ED) has initiated a preliminary inquiry against One97 Communications Ltd and its subsidiary Paytm Payments[more...]

NEW DELHI: The road ministry is planning to double the defect liability period under engineering-procurement-construction (EPC) contracts to 10 years to improve the quality of[more...]

"Counterfeit HP products valued at approximately Rs 30 crore have been seized during November 2022-October 2023 in India," the report said.The items include several counterfeit[more...]

"We keep an eye out for any hacks, compromised credentials, and illegal activity by continuously searching the shadowy corners of the internet. This way, we[more...]

BENGALURU: Reliance Industries continues its reign in the top position for the third year in a row on the Burgundy Private Hurun India list of[more...]

"An uptick in exchange margin requirements caused a decrease in positions, primarily in mid and small caps. Aside from the pharma and IT sectors, selling[more...]

NEW DELHI: India's Unified Payment Interface (UPI) services will be rolled out in Sri Lanka and Mauritius at a virtual ceremony on Monday that will[more...]

NEW DELHI: The government is examining foreign direct investment from China in Paytm Payments Services Ltd (PPSL), the payment aggregator subsidiary of One97 Communications Ltd,[more...]

Under the Decentralized Development Process, various initiatives have been announced such as; Development of State Capital Region (SCR) around Raipur-Bhilai area for world class IT[more...]

NEW DELHI: JSW Group has signed an agreement with the Odisha government to set up an integrated EV manufacturing facility in the state entailing an[more...]

Tablets India Foundation a trust formed by Tablets India Limited, a leading pharma company celebrated their 5TH YEAR ANNIVERSARY of Annadanam activities which coincided with[more...]

NEW DELHI: Tech billionaire Elon Musk on Friday said that he plans to discontinue his phone number and use only social media platform X for[more...]

CHENNAI: Apollo Hospitals Enterprise Limited's consolidated net profit for the third quarter of the 2023-24 financial year stood at Rs 245 crores, growing 56% from[more...]

"Though FY25 GDP growth forecast has improved, the RBI remains vigilant on inflation & banking liquidity.The incomplete transmission of the cumulative 250 bps and the[more...]

NEW DELHI: Meesho on Wednesday said it is making use of its new tech-enabled logistics network Valmo (VALue+MOvement) to decrease logistics cost by 4-5% and[more...]

Billawar, Kathua, February 06: Lieutenant Governor Shri Manoj Sinha inaugurated the new office Complex of the Atomic North Private Limited at Durang Village, Billawar, Kathua[more...]

NEW DELHI: The European Union’s Carbon Border Adjustment Mechanism (CBAM) on India puts cost pressure on exporters of steel, cement and aluminum thereby impacting their[more...]

Vedanta, which more than a decade back acquired Scottish explorer Cairn Energy's (now Capricorn Energy) India assets, is targeting 300,000 barrels per day (15 million[more...]

The higher inflation in the two countries stemmed "from loose macroeconomic policy settings in the past", the report said.Argentina's economy is now expected to contract[more...]

NEW DELHI: Embattled edtech major Byju's has reportedly suspended its three-year deal with football icon Lionel Messi as a global brand ambassador.According to reports, facing[more...]

BENGALURU : Money laundering concerns and KYC non-compliance have reportedly led the RBI to clamp down on Vijay Sekhar Sharma-run entities.The Reserve Bank of India[more...]

"If we don’t wake up, we deserve it, hai na?" That’s from a recent tweet by actor Richa Chadha after four-hour delays on two back-to-back[more...]

The energy, mineral, and cement transport corridors are designed to facilitate the smooth movement of coal, iron ore, bauxite, and cement. The cement corridor, in[more...]

CHENNAI: Cathay Pacific has resumed direct flight connectivity between Chennai and Hong Kong nearly after a gap of four years, the airliner said.The first flight[more...]

NEW DELHI: The Union government has come all out to control rice inflation in election year. The retail price of rice has increased around 15%[more...]

BENGALURU: Edtech firm Byju's has once again delayed paying salaries to employees even as the $200 million rights issue is likely to take at least[more...]

BENGALURU: A day after the Reserve Bank of India barred Paytm Payments Bank (PPB) from offering various services including accepting deposits in any customer account[more...]

NEW DELHI: The government has announced Rs 11,925.01 crore for the total LPG subsidy in the interim budget for 2024. It will pay Rs 1500[more...]

The company is valued at Rs 1400 crore, a 50 per cent jump in the valuation from its last round, it said in a release.[more...]

The budget session is a crucial part of the parliament process and outlines the government's upcoming policy, budgeted expenditure and expected revenue for next financial[more...]

While the rural population has had it better, the value added for rural economic activity is invariably lower than in the urban areas, which implies[more...]

"It (online sales) is around 25 per cent of our total turnover.We believe there is potential for further growth both in terms of market share[more...]

“We expect government spending on infrastructure to grow at a slower pace at high single to low double digit compared to an over 30% CAGR[more...]

NEW DELHI: Noting that small, innovative companies are building some "excellent" products, Telecom Secretary Neeraj Mittal said he wished to see MSMEs vie and compete[more...]

NEW DELHI: The net profit of private sector lender Yes Bank soared 350% year-on-year in the third quarter of the current financial year to Rs[more...]

NEW DELHI : The Board of Directors of Karnataka Banks on Saturday approved raising of Rs 700 crore additional equity capital. Of the Rs 700[more...]

BENGALURU: Ola founder Bhavish Aggarwal’s AI start-up Krutrim has turned unicorn after raising $50 million in equity. The round was led by investors including Matrix[more...]

NEW DELHI: Microsoft Teams experienced a mega outage in several parts of the world, and the company saw "significant improvements or full remediation in many[more...]

MUMBAI: Airbus Helicopters on Friday said it is partnering with the Tata Group to establish a Final Assembly Line for helicopters in the country.The facility[more...]

The first budget of Independent India was presented by the first finance minister R K Shanmukham Chetty.Sitharaman, who will be presenting her sixth budget in[more...]

CHENNAI: Chief Economic Advisor Dr V Anantha Nageswaran allayed concerns regarding the lack of private investments, emphasising that they will increase within the next four[more...]

"In 2023 we saw a meaningful shift in customer behaviour impacting our industry driven by the macro-economic environment and high interest rates along with customer[more...]

Highlighting the inadequacy of the conventional approach of urging companies to establish centres in India, he underscored the precarious nature of job security if companies[more...]

COLOMBO: Chinese smartphone maker Realme has surpassed 100 million smartphone shipments in India in 2023 within just five years of its inception and the brand[more...]

NEW DELHI: Zee Entertainment Enterprises Ltd (ZEEL) shares lost one-third of its value in the single trading session of Tuesday as they plunged up to[more...]

MUMBAI: Equity benchmark indices opened with a positive note on Tuesday led by robust buying in healthcare and IT sector stocks.The 30-share BSE Sensex rose[more...]

Tourism contributed USD 194 billion to FY19 (pre-Covid) GDP and is expected to grow at an 8 per cent CAGR to USD 443 billion by[more...]

More than two years after it was first announced, Sony Pictures Networks India (SPNI) (now known as Culver Max Entertainment Limited), a wholly-owned subsidiary of Sony[more...]

NEW DELHI: Customs officials in Delhi have seized illegally imported 12.22 lakh foreign-origin cigarettes worth Rs 2 crore.In a statement, the finance ministry said Delhi[more...]

ROME, ITALY: ArcelorMittal has offered to sell its stake or become a minority shareholder in an Italian steelworks after Rome moved to put the plant[more...]

The waiting period for the newly launched Spectre is up to 1 year, depending on customization levelsThe model can be purchased from one of Rolls-Royce's[more...]

“From lawyers and doctors to tech billionaires and business people, our customer list is very wide…They are very knowledgeable. They know about their cars and[more...]

NEW DELHI: The Central Consumer Protection Authority (CCPA), headed by Chief Commissioner Rohit Kumar Singh, has initiated action against Amazon Seller Services, concerning the sale[more...]

By PTI NEW DELHI: Automobile shipments from India declined 21 per cent last year as many overseas markets continued to face monetary and geopolitical crises,[more...]

Express News Service There was much excitement among Mumbaikars this weekend as they celebrated the completion of the 22-kilometer Mumbai Trans Harbour Link (MTHL). It[more...]

By PTI NEW DELHI: India has raised its concerns at the Trade Policy Forum (TPF) meeting over problems being faced by domestic businesses in getting[more...]

By Express News Service NEW DELHI: Tata Consumer Products has signed a definitive agreement to acquire 100% equity shares of Capital Foods, owner of the[more...]

Express News Service BENGALURU: For the fourth consecutive quarter, IT major Wipro has reported a fall in its consolidated net profit. On Friday, the company[more...]

By ANI NEW DELHI: Bitcoin mining is expected to witness a significant boost in profitability following the approval of Bitcoin Spot ETFs by the US Securities[more...]

By Associated Press Google has laid off hundreds of employees working on its hardware, voice assistance and engineering teams as part of cost-cutting measures. The[more...]

By IANS NEW DELHI: Meta has started the New Year with laying off some technical programme managers (TPMs) at Instagram and reports said that at[more...]

By Express News Service NEW DELHI: Tata Group announced on Wednesday its plans to build a new semiconductor fabrication plant in Gujarat this year. Tata[more...]

By Express News Service NEW DELHI: Zee Entertainment Enterprises Ltd (ZEEL) on Tuesday said that news of the Zee-Sony merger termination is baseless and factually[more...]

By Express News Service KOCHI: Kerala-headquartered Federal Bank on Saturday said it started the search for a new managing director & CEO after the Reserve Bank[more...]

By PTI NEW DELHI: The Indian economy is estimated to grow by 7.3 per cent in the 2023-24 fiscal against 7.2 per cent a year[more...]

By PTI NEW DELHI: State-owned India Infrastructure Finance Company Ltd (IIFCL) plans to go public in the next financial year, company's Managing Director P R[more...]

By PTI NEW DELHI: US-based retail giant Walmart is targeting to increase its exports from India to USD 10 billion annually and domestic toys will account[more...]

By AFP HONG KONG: Most Asian markets fell Thursday, tracking another loss on Wall Street after minutes from the US Federal Reserve's December meeting dampened[more...]

By Express News Service CHENNAI: Funds raised by Indian corporates in 2023 are 17% less than what they mobilized in 2022, though the number of listings[more...]

By PTI NEW DELHI: The Delhi High Court on Wednesday granted three vivo-India executives one week to file their reply to a plea by the Enforcement[more...]

By PTI NEW DELHI: The government has hiked the windfall tax on crude oil produced in the country and cut the levy to nil on exports[more...]

By PTI NEW DELHI: Gujarat Alkalies and Chemicals Ltd (GACL) on Tuesday said it has signed an initial pact with Vedanta Aluminium for exploring various[more...]

By PTI MUMBAI: Aviation watchdog Directorate General of Civil Aviation (DGCA) is probing the hard landing of an Air India A320 neo aircraft in Dubai[more...]

By Express News Service NEW DELHI: Domestic telecom gear maker HFCL has received an order worth Rs. 1,127 Crores from Bharat Sanchar Nigam Limited (BSNL) to[more...]

By PTI MUMBAI: Continuing to glitter in 2024 as well, gold price is likely to touch Rs 70,000 per 10 grams in the domestic market[more...]

By PTI NEW DELHI: Hospitality players are cashing in on the New Year festivities as the high spirits of celebrations are leading to a surge[more...]

By Express News Service BENGALURU: IT major Wipro has demanded Rs 25.15 crore in damages along with 18% interest from its former CFO Jatin Dalal[more...]

By Express News Service NEW DELHI: The Reserve Bank of India (RBI) on Thursday said scheduled commercial banks are well capitalised and are capable of[more...]

By ANI NEW DELHI: Fitch Ratings forecasts a significant uptick in the profitability of Indian corporates, propelled by the country's robust economic growth. Despite challenges[more...]

By PTI NEW DELHI: The complexity of global governance will reach new heights in 2024, and there should be preparedness for more disruption and volatility, according[more...]

By PTI NEW DELHI: Veteran industrialist and former Tata Group Chairman Ratan Tata is looking to sell all 77,900 shares of Brainbees Solutions Ltd, which[more...]

By PTI NEW DELHI: Adani Total Gas Ltd, India's leading city gas operator, on Wednesday signed an initial agreement with Flipkart to help decarbonise its supply[more...]

By PTI NEW DELHI: India's housing market defied logic this year to register all-time high sales as home buyers snapped up deals despite a jump in[more...]

By PTI MUMBAI: The rupee slipped 3 paise to settle at 83. 19 (provisional) against the US dollar on Tuesday amid a strong American currency[more...]

By PTI MUMBAI: Stock markets closed with gains on Tuesday, extending the winning run to the third day on the trot after buying in power,[more...]

By ANI NEW DELHI: Indian mobile payments pioneer Paytm has its eyes set on Artificial Intelligence to not just innovate faster but also streamline its[more...]

By PTI NEW DELHI: Adani Green Energy (AGEL) on Monday said it has signed a power purchase agreement (PPA) with the Solar Energy Corporation of India[more...]

By IANS NEW DELHI: The spread of misinformation, toxic user bases and the prevalence of bots are the reasons why more than 50 per cent[more...]

By IANS NEW DELHI: A Delhi court has sent three freshly arrested top executives to three-day ED custody in a money laundering case against the[more...]

By PTI NEW DELHI: The Enforcement Directorate has arrested three vivo-India executives in connection with its money laundering probe against the Chinese smartphone maker and[more...]

By PTI KOLKATA: Century Plyboards (India) Ltd on Saturday inaugurated India's largest integrated wood panel manufacturing plant at Badvel in Andhra Pradesh. Spread across 100 acres,[more...]

By PTI NEW DELHI: India is likely to see 1 crore Electric Vehicle (EV) sales a year and the segment is expected to generate about[more...]

By PTI NEW DELHI: Commercial cooking gas (LPG) prices were on Friday cut by Rs 39.50 per 19-kg cylinder in line with softening international benchmarks. However,[more...]

By PTI MUMBAI: A special court here on Thursday granted bail to Yes Bank co-founder Rana Kapoor in a money-laundering case linked to alleged financial[more...]

By PTI MUMBAI: Benchmark equity indices Sensex and Nifty recovered by more than half cent on Thursday following buying in index majors HDFC Bank and[more...]

By PTI NEW DELHI: Equity investors became poorer by Rs 8.91 lakh crore on Wednesday as markets came under a bear attack, with the benchmark[more...]

By Express News Service DOMS Industries made a stellar stock market debut on Wednesday as the company shares were listed at a premium of  77%[more...]

By AFP SAN FRANCISCO: Google parent Alphabet has agreed to pay $700 million as part of an antitrust settlement made public on Monday, with the[more...]

By PTI NEW DELHI: Sony Pictures Networks India on Tuesday said it has not yet agreed to a deadline extension requested by Zee Entertainment Enterprises[more...]

When the United States of America sneezes, the world catches the flu. However, when it does well, the world is better off too. The US[more...]

Express News Service NEW DELHI: People from all walks of life use bank lockers to store their valuable items like jewellery and documents securely. Banks[more...]

By Express News Service The Confederation of India Alcoholic Beverage Companies (CIABC), a representative body of leading Indian alcohol beverage companies, has demanded that the[more...]

By Express News Service CHENNAI: The Center intends to bring down the cost of logistics to 5%- 6% of the gross domestic product (GDP), Piyush[more...]

By PTI KOLLAM: India has the third largest startup ecosystem in the world and Kerala has immensely contributed with the number of startups in it,[more...]

By Online Desk Hundreds, including Google workers, gathered outside Google offices in the US city of San Francisco on Thursday to protest the tech giant's[more...]

Express News Service NEW DELHI: The Food Corporation of India was only able to sell off less than 5% of allocated rice in the past[more...]

By AFP PARIS: World coal consumption should start declining next year after peaking in 2023, the International Energy Agency (IEA) said on Friday.The IEA's latest forecast[more...]

By PTI NEW DELHI: Wholesale price-based inflation rose to an eight-month high of 0.26 per cent in November, driven by a sharp jump in food[more...]

By PTI NEW DELHI: Fintech major PhonePe's talent head Subeer Bakshi has resigned and joined audio entertainment startup Pocket FM. Bakshi will head the "People[more...]

By PTI NEW DELHI: The Securities Appellate Tribunal (SAT) on Wednesday quashed a Sebi order imposing a penalty of Rs 7 lakh on Jio Financial[more...]

By Associated Press SAN FRANCISCO: Google lost an antitrust lawsuit over barriers to its Android app store, as a federal court jury has decided that the company's[more...]

By PTI MUMBAI: Private carrier Air India on Tuesday unveiled its new collection of uniforms, designed by Manish Malhotra, for its cabin and cockpit crew.[more...]

By Express News Service NEW DELHI: Hindalco Industries, a metal company, is set to establish a Rs. 800 crore battery foil manufacturing facility in Odisha.[more...]

By PTI NEW DELHI: Amid onion farmers' protest in Maharasthra against ban on exports, the Centre on Monday said it will procure about 2 Lakh Tonne[more...]

By PTI MUMBAI: The Reserve Bank on Monday cautioned the public not to fall prey to misleading advertisements related to loan waiver offers in print[more...]

By PTI NEW DELHI: The decision of the European Union (EU) to impose a carbon tax on certain sectors like metals from 2026 will only[more...]

By PTI NEW DELHI: India's coal imports dropped 4.2 per cent to 148.13 Million Tonnes (MT) in the April-October period of the ongoing financial year. The[more...]

By AFP BEIJING: Deflation in China accelerated in November, official data showed Saturday, underlining the difficulties the world's second-largest economy faces in reviving slowing demand.[more...]

By PTI NEW DELHI: The government must identify real beneficiaries of the interest subvention scheme provided to various export sectors, think tank GTRI said on Saturday.[more...]

By Express News Service Reserve Bank of India (RBI) governor Shaktikanta Das categorically affirmed that he saw no loosening of monetary policy around the corner,[more...]

By PTI NEW DELHI: The government has banned exports of onion till March next year to increase domestic availability and to keep prices in check.[more...]

By Express News Service NEW DELHI: The Central Bureau of Investigation (CBI) on Wednesday said it conducted raids at 13 locations in Kolkata and Mangaluru[more...]

Express News Service NEW DELHI:  The government has sought parliamentary approval for increased spending of more than Rs 1.29 lakh crore in the current fiscal year.[more...]

By PTI NEW DELHI: The government is likely to make it mandatory for businesses to issue electronic or e-invoice for B2C transactions in the next[more...]

By IANS NEW DELHI: Microsoft has created a ”Deep Search” feature for its Bing search engine powered by OpenAI’s GPT-4 that will give users more[more...]

Express News Service BENGALURU: With the aim of strengthening its personal wash category business, FMCG company Wipro Consumer Care and Lighting, a part of the[more...]

Express News Service NEW DELHI: A day after Prime Minister Narendra Modi-led Bharatiya Janata Party (BJP) clinched a victory in three state elections, domestic equity[more...]

Express News Service You are 34 years old and have been diagnosed with cancer. Your doctor tells you grimly that you have 7 months to[more...]

By Express News Service NEW DELHI: Coal production from captive coal mines in November 2023 recorded a 37% growth to 11.94 million tonnes (MT), according[more...]

Express News Service When Dubai is chosen as the venue for the United Nations Climate Change Conference, or Conference of the Parties commonly referred to[more...]

Express News Service NEW DELHI: The National Company Law Appellate Tribunal (NCLAT) has upheld the National Financial Reporting Authority’s (NFRA) orders on DHFL branch auditors,[more...]

By AFP NEW YORK: Elon Musk's verbal assault on advertisers who have shunned X (formerly Twitter) threatens to sink the social network further, with the[more...]

Express News Service NEW DELHI: There was a dip in passenger vehicle (PV) sales (dispatches by manufacturers) in the festive heavy month of November 2023 when[more...]

By Online Desk Swiggy has begun reaping the rewards of its new affordable loyalty program launched in October, said a report from IIFL Securities quoting[more...]

By Express News Service CHENNAI:  UltraTech Cement has acquired the cement business of Kesoram Industries Limited, making entry into the southern markets. UltraTech Board on Thursday[more...]

By Associated Press LONDON: The OPEC oil cartel led by Saudi Arabia and allied producers including Russia will try to agree Thursday on cuts to[more...]

Express News Service NEW DELHI: Domestic equity market achieved a milestone on Wednesday as it hit a $4 trillion valuation after the market capitalisation of[more...]

By Express News Service Shares of state-run Indian Renewable Energy Development Agency (IREDA) made a stellar debut on the exchanges today. On the NSE and[more...]

By Express News Service NEW DELHI: Adani Group shares were in high demand on Tuesday, surging up to 20% after the Supreme Court on Friday[more...]

By Express News Service NEW DELHI: The Indian government is set to launch the first round of auctions for critical and strategic minerals such as[more...]

Express News Service CHENNAI: As the first tranche of sovereign gold bonds (SGBs) are up for redemption, investors who held on the bonds they bought[more...]

By Associated Press SAN FRANCISCO: Facebook parent Meta Platforms deliberately engineered its social platforms to hook kids and knew — but never disclosed — it[more...]

Express News Service NEW DELHI: Initial public offers (IPOs) are the buzz of the season as more and more companies line up to sell shares[more...]

By Associated Press More than 1.3 million chickens are being slaughtered on an Ohio egg farm as the bird flu continues to take a toll[more...]

Express News Service CHENNAI: Cement prices in southern markets have been flat in November after witnessing a steep rise in price in October. The price[more...]

By Online Desk Battered by high raw material prices and spending cuts by customers, India’s fast food chains had been holding out one last hope[more...]

By Express News Service BENGALURU: Express distribution and supply chain management company Allcargo Gati on Friday launched its tech-enabled Surface Transhipment Centre and Distribution Warehouse[more...]

By ANI NEW DELHI: In a proactive move aimed at mitigating potential systemic risks associated with the rapid growth of consumer credit, the Reserve Bank of[more...]

By Associated Press CAPE TOWN, South Africa: South Africa, Colombia and other countries that lost out in the global race for coronavirus vaccines are taking[more...]