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Rural consumption stocks will benefit from Budget 2024: Expert
Business

Rural consumption stocks will benefit from Budget 2024: Expert

New Delhi, July 18: The bull market scenario in Indian equity indices is going to end soon, said Chris Wood, Global Equity Strategist at Jefferies in a media report. Chris Wood said that in the last 10 years, the BJP led central government implemented several structural reforms, the fruits of which...
Insolvency proceedings initiated against Ed-Tech Byju’s
Business

Insolvency proceedings initiated against Ed-Tech Byju’s

Guwahati, July 16: A Rs 158 crore debt filed by the Board of Control for Cricket in India (BCCI) against the parent company of the ed-tech company Byju's was admitted by the National Company Law Tribunal (NCLT) in Bengaluru on Tuesday. The BCCI's plea was accepted this morning by a coram comprising...
Hardeep Puri hails ONGC
Business

Hardeep Puri hails ONGC's highest ever share surge

New Delhi, July 16; Union Minister for Petroleum and Gas, Hardeep Singh Puri, on Tuesday hailed the new achievement by the public sector upstream giant Oil and Natural Gas Corporation (ONGC) as its shares touched a record new high. ONGC's share price surged past Rs 323 a piece with a 5.18 per cent...
Stock markets open on a high, Adani Enterprises among top gainers
Business

Stock markets open on a high, Adani Enterprises among top gainers

Mumbai, July 16: The Indian benchmark indices once again opened on a positive note on Tuesday in the run up to a blockbuster budget next week. Adani Enterprises, Coal India, M&M, Bharti Airtel and Tata Steel were among major gainers on the Nifty in the opening trade. While Sensex opened more...
Homegrown Namma Yatri app raises $11 mn with Google as investor
Business

Homegrown Namma Yatri app raises $11 mn with Google as investor

Bengaluru, July 16: Community led mobility app Namma Yatri on Tuesday said it has raised $11 million (about Rs 92 crore) in a pre-Series A funding round led by Blume Ventures and Antler, with participation from Google and other investors. Moving Tech, the company behind community led mobility apps...
LinkedIn launches new video experience for professionals in India
Business

LinkedIn launches new video experience for professionals in India

New Delhi, July 16: Professional networking platform LinkedIn on Tuesday launched a new video experience in India, in a bid to tap into one of the fastest-growing markets with uploads growing 60 per cent year-on-year in the country. The platform currently has more than 130 million members in...
Singapore’s Temasek eyes $10 bn investment in resilient India
Business

Singapore’s Temasek eyes $10 bn investment in resilient India

New Delhi, July 16: As the Indian economy remains resilient on its way to become the world’s third-largest one sooner than expected, Singapore's sovereign wealth fund Temasek is aiming to invest an additional over Rs 83,000 crore (about $10 billion) in the country in the next three years.The...
Stock markets open on positive note, HCLTech gains
Business

Stock markets open on positive note, HCLTech gains

Mumbai, July 15: The Indian benchmark indices opened on a positive note on Monday amid IT quarterly results and foreign institutional investors’ (FII) buying. The Sensex opened around 160 point up at the 80,674 level while the Nifty opened nearly 40 points up at the 24,540 level.HCLTech shares went...
SBI hikes lending rates
Business

SBI hikes lending rates

Mumbai, July 15: The country’s largest lender State Bank of India (SBI) has raised its benchmark marginal cost of lending rate (MCLR) by 5-10 basis points with effect from Monday (July 15).Interest rates on loans linked to MCLR are also likely to go up following the hike. The rate on loans of one...
OP Jindal Global University inks MoU with United Nations University to foster academic exchange
Business

OP Jindal Global University inks MoU with United Nations University to foster...

Sonipat, 15 July: O.P. Jindal Global University (JGU) and the United Nations University (UNU), Japan, have signed a Memorandum of Understanding (MoU) to establish ties of friendship and cooperation in the areas of higher education and research. The landmark agreement symbolises a significant step...
27 establishments add 30,000 employees, over Rs 1,688 cr to EPFO fund in 2 years
Business

27 establishments add 30,000 employees, over Rs 1,688 cr to EPFO fund in 2 years

New Delhi, July 14: The Centre on Sunday said that 27 establishments have surrendered their exemption in the last two years, adding about 30,000 employees and an amount of Rs 1688.82 crore to the Fund under the Employees' Provident Fund Organisation (EPFO).These establishments prefer to let EPFO...
Zoho opens first factory to assemble Karuvi power tools in rural India: CEO
Business

Zoho opens first factory to assemble Karuvi power tools in rural India: CEO

New Delhi, July 13: Sridhar Vembu, CEO and Co-founder of Cloud software major Zoho, on Saturday said the company has opened its first dedicated factory to assemble the Karuvi line of power tools. The company, situated in Tenkasi district in Tamil Nadu, last month announced to invest an undisclosed...
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