New Delhi (IANS) Online food delivery platform Zomato has invested Rs 300 crore in its quick commerce arm, Blinkit, as this segment is projected to surpass its core food delivery business. The board of the company has approved the investment … read more
New Delhi (IANS) India’s smartwatch shipments stagnated for the first time, rising marginally by 0.3 per cent (year-on-year) in the first quarter (Q1) of 2024, a new report said on Thursday. According to Counterpoint Research, the top three OEMs’ (original … read more
New Delhi (IANS) The shares of Adani Group portfolio of companies surged nearly 10 per cent on Friday amid heightened trading activity, as Sensex snapped the losing streak of the last five trading sessions. Adani Enterprises’ stock soared by 6.8 … read more
Bengaluru (IANS) The BharatPe Group and PhonePe Group on Sunday announced that they have amicably settled all long-standing legal disputes pertaining to the use of the trademark with the suffix “Pe”. This comes after a long-drawn legal dispute across multiple … read more
Mumbai (IANS) Indian equity benchmarks closed at an all-time high this week as Nifty touched the 23,000 points milestone amid a strong comeback from foreign institutional investors (FII). Nifty closed at 22,957 after touching a new all-time high of 23,026 … read more
New Delhi (IANS) Indian equity benchmarks logged positive returns last week. Sensex and Nifty closed the week with gains of 1.85 per cent and 2.03 per cent respectively. In the last week, broader markets were in an uptrend. Nifty Midcap … read more
New Delhi (IANS) India’s electronic goods exports increased by 25.8 per cent in the month of April (Year-on-Year), from $2.11 billion in April 2023 to $2.65 billion this year, the Ministry of Commerce and Industry said on Wednesday. Overall, India’s … read more
New Delhi (IANS) Punjab National Bank (PNB) on Thursday reported a 160 per cent surge in its net profit to Rs 3,010 crore in the Jan-March quarter of the financial year 2023-24 compared to the corresponding figure of Rs 1,159 … read more
New Delhi (IANS) The Ministry of Mines in collaboration with the Indian Institute of Technology – Indian School of Mines (IIT-ISM), Dhanbad will organise a one-day workshop here on Wednesday to discuss the draft framework of the State Mining Index, … read more
Mumbai (IANS) Avenue Supermarts, operator of the DMart retail chain, on Saturday, announced a consolidated net profit at Rs 563 crore for the January-March quarter of 2023-24 which represents a 22.4 per cent jump over the corresponding figure of Rs … read more