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Apple’s first India store goes live; CEO Cook opens doors to welcome customers
Excitement levels were already very high over the last fortnight since the Cupertino, US-based company announced its store opening at a mall in the Bandra Kurla Complex business district here.
Razorpay sets up advisory board to boost corporate governance, compliance
The founding independent members of the newly formed Advisory Board include N S Vishwanathan, Former Deputy Governor, RBI (Chairperson) and Arijit Basu, Chairman, of HDB Financial Services.
PM Gatishkati to help avoid Rs 3,000 crore losses a year due to uncoordinated digging work
PM Gatishakti is a GIS-based platform that integrates planning and coordination of infrastructure projects from across several central ministries as well as infra projects of state government.
Rupee rises 1 paise to 82 against US dollar
Forex traders said the upward trend in crude prices and outflow of foreign funds from equities market restricted the gain in the local unit.
Passenger vehicle exports from India rise 15 pc in FY23; Maruti Suzuki leads segment
The total passenger vehicle (PV) exports stood at 6,62,891 units in 2022-23 fiscal as compared to 5,77,875 units in 2021-22.
Volvo Car India reports 38 pc growth in sales in Jan-Mar quarter
The sales growth during the period was led by the XC60 which registered a 27 per cent growth, the automaker said in a statement.
Infosys market cap declines by Rs 59,349 crore as poor Q4 results bite
Infosys' market valuation at the end of the day stood at Rs 5,21,930.34 crore.
Vedanta signs MoUs with 20 Korean display glass companies
In September 2022, Vedanta Group and Hon Hai Technology Group had entered into a pact to form a joint venture company and invest Rs 1,54,000 crore to set up the semiconductor plant in Gujarat.
Microsoft introduces ‘Gallery’ to File Explorer in Windows
The company said if users have OneDrive Camera Roll Backup set up on their phones, photos they take will show up automatically at the top of the view.
Private security body CAPSI to set up 8 centres of excellence in Northeast
The main objective of this initiative is to make the northeast a hub of the private security industry, a statement said.
Baskin Robbins to add 100 ice cream parlours in FY24
The premium ice cream market is growing, though it has a small share in the overall ice cream market of the country, which is estimated to vary from Rs 14,000 crore to Rs 20,000.
NFRA imposes fine, bans auditors for 1 year for misconduct in audit of DHFL branches
The auditors are partners of audit firm K Varghese & Co.
India will stay on course; projected to grow at 7 pc in 2022-23: FM Sitharaman
Both the IMF and World Bank project India to be the fastest-growing major economy in 2023.
Elon Musk forms X.AI artificial intelligence company
Musk's founding of what appears to be a rival to ChatGPT-maker OpenAI came despite recently calling for an overall pause in developing artificial intelligence.
iPhone maker takes big strides in India
In 2022, its plants in China faced a complete shutdown due to China’s zero-Covid policy. The simmering tension between the US and China has forced the company to shift its base to India or Vietnam.
Centre says no shortage, rules out import of dairy products
Last week, NCP chief Sharad Pawar wrote to Rupala and opposed importing dairy products.
Rupee gains 27 paise to close at 81.84 against US dollar
Global oil benchmark Brent crude futures declined 0.27 per cent to USD 87.09 per barrel.
Coal India Limited’s coking coal production up by 17.2% in 2022-23
Apart from the meagre availability, Indian coking coal has high ash content requiring washing for use in steel mills.
‘Integrity pact’ must for Delhi govt contracts over Rs 10 crore
Under the pact, both the parties, who entered into a contract, will commit not to resort to any corrupt practices at any stage of the work.
IMF cuts India growth forecast to 5.9 per cent in FY24
Despite the downward revisions, India continues to be the fastest-growing economy in the world, the World Economic Outlook figures revealed.