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Business
Indian stock market remains on consolidation path, DIIs absorb heavy selling
9 Nov 2024 11:36 AM IST
Mumbai, Nov 9: The week saw Donald Trump returning to power in the US election amid a second consecutive rate cut by Fed this year, as the Indian stock market continued to experience consolidation due to heightened selling pressure from foreign institutional investors (FIIs). This broad based...
Business
India leads Asia Pacific office market with 70 pc of total demand
8 Nov 2024 12:09 PM IST
Bengaluru, Nov 8: India continued to lead the Asia Pacific office market activity in the July-September quarter, driving over 70 per cent of the total demand, according to a report on Friday. At 17.3 million square feet, India continued to lead the APAC office leasing activity. Within India, more...
Business
200 Indian women entrepreneurs set to raise Rs 850 cr from investors: Goldman...
8 Nov 2024 12:05 PM IST
Bengaluru, Nov 8: At least 200 women entrepreneurs in India are poised to raise an estimated Rs 850 crore $100 million from investors, helping to expand businesses and create new jobs, Goldman Sachs announced on Friday. According to Union Minister for Commerce and Industry Piyush Goyal, the ‘Goldman...
Business
Bill Gates, who reportedly gave $50 mn to Harris campaign, congratulates Trump
8 Nov 2024 11:57 AM IST
San Francisco, Nov 8: Microsoft Co-founder and billionaire Bill Gates, who reportedly gave $50 million to one of the political campaigns of US Vice President Kamala Harris, on Friday congratulated President elect Donald Trump. In a post on X social media platform, Gates congratulated Trump and VP...
Business
Apple releases iOS 18.2 public beta with AI emoji app, ChatGPT-Siri integration
7 Nov 2024 1:14 PM IST
New Delhi, Nov 7: Apple has released iOS and iPadOS 18.2 software updates into public beta that include new features like an AI emoji generator app, ChatGPT integration with Siri and visual search using iPhone 16 cameras. The new Apple Intelligence features, that were earlier available to...
Business
Deutsche Bank invests Rs 5,113 crore to expand India operations
7 Nov 2024 1:11 PM IST
New Delhi, Nov 7: German lender Deutsche Bank has announced the infusion of an additional Rs 5,113 crore to bolster its India operations. This is the largest capital allocation to India in recent years and will be used for expanding business across corporate banking, investment banking and private...
Business
TCS inks multi year deal to make Air France-KLM leading data driven airline
7 Nov 2024 1:09 PM IST
Mumbai, Nov 7: Tata Consultancy Services (TCS) on Thursday said it has signed a multi-year deal with Air France-KLM to help it become the leading data centric airline group in the world. Over the next three years, TCS will modernise the airline group's data by moving it to cloud, promoting the next...
Business
Centre rolls out 7,663 extra trains to clear festive season rush
6 Nov 2024 3:32 PM IST
New Delhi, Nov 6: The Railway Board has introduced another 7,663 special train services to cater to the festival season rush, from October 1 to November 30, which is a 73 per cent increase compared to the same period last year. According to a Railway Board press statement, “For the...
Business
Finance Ministry tells banks to give more loans for agri-allied activities
6 Nov 2024 3:21 PM IST
New Delhi, Nov 6: The Finance Ministry has asked public sector banks to increase credit availability for animal husbandry, dairying, and fisheries to ensure that targets are met for the current financial year. The progress of credit disbursement to these agri-allied activities was reviewed at a...
Business
Musk a 'super genius', says Trump as tech billionaire lauds 'mandate for change'
6 Nov 2024 3:16 PM IST
Washington, Nov 6: Republican candidate Donald Trump, who is set to return to the White House, on Wednesday hailed Elon Musk, saying America has a "new star" in him, highlighting the tech billionaire's significant achievements. Addressing a crowd of supporters at the West Palm Beach convention...
Business
Swiggy’s high valuation, ongoing losses raise concerns about long-term...
5 Nov 2024 3:38 PM IST
New Delhi, Nov 5: Swiggy’s Rs 11,327 crore initial public offering (IPO) faces several risks and challenges that potential investors should consider, leading online brokerage Angel One has said, adding that the company’s high valuation, coupled with its ongoing losses, raises concerns about its...
Business
India, Kazakhstan form JV firm to strengthen titanium supply chain
5 Nov 2024 3:29 PM IST
New Delhi, Nov 5: Indian Rare Earths Limited, (IREL) and Kazakhstan’s Ust-Kamenogorsk Titanium and Magnesium Plant JSC, (UKTMP JSC) have signed an agreement to establish an Indo-Kazakh joint venture company, IREUK Titanium Limited, for the production of Titanium Slag in India, according to an...
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