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Business
Apple sets all time revenue record in India, to open 4 new retail stores: Tim...
1 Nov 2024 8:49 AM GMT
New Delhi, Nov 1: Apple, which clocked an all-time revenue record in India in the September quarter, is set to open four more own branded retail stores in India, the tech giant’s CEO Tim Cook has said. Apple reported revenue of $94.9 billion in the July-September period, a September quarter record...
Business
Piyush Goyal urges global investors to seize emerging opportunities in India
1 Nov 2024 8:44 AM GMT
New Delhi, Nov 1: Union Commerce and Industry Minister Piyush Goyal has urged global investors to seize emerging opportunities in India, particularly in high growth sectors such as artificial intelligence (AI), renewable energy, digital infrastructure and advanced manufacturing, it was announced on...
Business
60 pc gold reserves held domestically, up over 102 tonnes in April-Sep: RBI data
30 Oct 2024 7:53 AM GMT
New Delhi, Oct 30: As gold prices continue to surge amid geo-political tensions, the Reserve Bank of India (RBI) had 854.73 metric tonnes of gold as of September 30 and out of which, 510.46 metric tonnes were held domestically. Gold held domestically surged more than 102 tonnes between April and...
Business
Andhra Minister seeks support of Pepsico’s ex-CEO to build brand AP
30 Oct 2024 7:50 AM GMT
Amaravati, Oct 30: Andhra Pradesh Minister for IT and Electronics, Nara Lokesh has requested former Chief Executive Officer (CEO) of Pepsico Indra Nooyi to help build brand Andhra Pradesh. Lokesh, who is currently on a visit to the United States, had a meeting with her on the campus of the IT Survey...
Business
South Korea seeks close supply chain ties with US regardless of election outcome
29 Oct 2024 7:48 AM GMT
Seoul, Oct 29: South Korea will continue to pursue close supply chain cooperation with the United States regardless of the outcome of the upcoming US presidential election, the trade minister said on Tuesday. Trade Minister Cheong In-kyo made the statement during a meeting with experts to prepare...
Business
TATA-Airbus facility to bolster India’s journey toward Atmanirbharta in defence:...
29 Oct 2024 7:43 AM GMT
New Delhi, Oct 29: The inauguration of the TATA Aircraft Complex in Gujarat's Vadodara to manufacture C-295 military transport aircraft marks a key milestone in India’s journey toward Atmanirbharta in defence, as the country reached Rs 1.27 lakh crore in domestic defence production in FY24, the...
Business
Indonesia opens investment in 60 new oil and gas blocks
29 Oct 2024 7:40 AM GMT
Jakarta, Oct 29: The Indonesian government announced the opening of investment opportunities for 60 new oil and gas blocks across 14 regions. Ariana Soemanto, director of upstream oil and gas development at the Ministry of Energy and Mineral Resources, said in a statement on Monday that these blocks...
Business
Diwali at stock market: Sensex jumps 848 pts, all sectors in green
28 Oct 2024 8:52 AM GMT
Mumbai, Oct 28: Indian equity indices traded in the green on Monday in mid-session as buying was seen in heavy weights like ICICI Bank, M&M, IndusInd Bank, JSW Steel and Wipro, lifting the sentiment of the market after a five-day losing streak. At 1:02 p.m., Sensex was up 872 points or 1.10 per...
Business
Centre critically examining Ola Electric’s claims over solving consumer...
28 Oct 2024 8:49 AM GMT
New Delhi, Oct 28: Despite Ola Electric claiming that it has resolved 99.1 per cent of the 10,644 complaints filed with the Central Consumer Protection Authority (CCPA) regarding its poor after sales service, the Department of Consumer Affairs is critically examining responses filed by the Bhavish...
Business
Fintech firm slice completes merger with North East Small Finance Bank
28 Oct 2024 8:47 AM GMT
Bengaluru, Oct 28: Fintech company slice and North East Small Finance Bank (NESFB) on Monday announced a successful completion of their merger, following the shareholder and regulatory approvals. The deal is the first of its kind, with a new-age finance company stepping in to rescue a licence bank....
Business
CBDT extends deadline to file income tax returns by corporate to Nov 15
26 Oct 2024 9:08 AM GMT
New Delhi, Oct 26: The Central Board of Direct Taxes (CBDT) on Saturday extended the deadline for filing income tax (I-T) returns by corporates by 15 days till November 15 for the assessment year 2024-25. The earlier deadline was October 31. The CBDT said in a circular that it has extended due date...
Business
India, Germany collaborate to boost research in advanced materials
26 Oct 2024 9:02 AM GMT
New Delhi, Oct 26: Underscoring the commitment to foster cutting edge research that will drive innovation and address global challenges, India and Germany have signed a joint declaration to boost research and development in advanced materials. The exchange was held in the presence of Prime Minister...
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