Chennai (IANS) Owing to their strong underlying growth and accommodative balance sheets, Indian companies it rates are in good credit shape, credit rating agency S&P Global Ratings said on Tuesday. “Solid earnings momentum over the next two years, by our … read more
New Delhi (IANS) The India Cellular and Electronics Association (ICEA) on Monday said that it is setting up a task-force to ensure that the current electronics trade between India and the US goes up from an estimated $8 billion to … read more
New Delhi (IANS) Markets were on a roll last week and hit new lifetime highs. The rise was helped in no small way by the outbreak of monsoon in the financial capital and Maharashtra where there have been decent rains … read more
Chennai (IANS) The second largest car maker in India Hyundai Motor India Ltd on Saturday said it closed June with a sales of 65,601 units. According to Hyundai Motor, in June, 2023, it sold 65,601 units (domestic 50,001 units, exports … read more
New Delhi (IANS) With an spurt in the smartphone and internet use, the amount of money spent on apps is projected to reach around $800 billion (Rs 64 lakh crore) in India by 2030, a report showed on Friday. The … read more
Chennai (IANS) Fertiliser major Coromandel International Ltd is acquiring a majority stake in a city based drone company Dhaksha Unmanned Systems Private Ltd for a cash consideration of Rs 204.24 crore. Coromandel International, part of the industrial conglomerate Murugappa Group, … read more
New Delhi (IANS) Overall Indian markets, Nifty have remained flat week on week barring Wednesday’s uptick which resulted in Nifty making new highs, says Jaykrishna Gandhi, Head — Business Development, Institutional Equities, Emkay Global Financial Services. Bank Nifty has under-performed … read more
New Delhi (IANS) Meta (formerly Facebook) on Tuesday announced that WhatsApp Business has surpassed 200 million monthly active users globally, up from 50 million in 2020. Soon, businesses will be able to publish ads directly to Facebook or Instagram from … read more
Chennai (IANS) Deficient rainfall, lower sowing and reservoir levels do not bode well for the Indian farm sector and inflation, said Motilal Oswal Financial Services in a report. Deficient rainfall and consequently lower rice sowing will push rice prices higher. … read more
New Delhi (IANS) Adhering to simple safety guidelines and maintaining social distancing from electricity infrastructure, BSES and its consumers together can help ensure a safe and incident-free monsoon season. Some of the unique problems during monsoons are water-logging, strong winds … read more