New Delhi (IANS) India’s smartphone market shipped 146 million smartphones in 2023, with a nominal 1 per cent growth (year-over-year), a new report said on Tuesday, indicating a flat to low single-digit annual growth for the smartphone market this year. … read more
New Delhi (IANS) India has embarked on the journey to reach $300 billion electronics production, including $100 billion in exports, in the coming few years which is a realistic and achievable target for the government, Union Minister for Electronics and … read more
Chennai (IANS) Murugappa group’s multi-line insurer Cholamandalam MS General Insurance Company Ltd targets to close this fiscal with a gross premium of about Rs 7,700 crore, a top company official said on Wednesday. The company will raise Rs 100 crore … read more
New Delhi (IANS) The number of electric vehicle (EV) charging stations that are operating in the country has gone up to 12,146 as of February 2 this year, Minister of State for Heavy Industries, Krishan Pal Gurjar, said in a … read more
Chennai (IANS) Indian bank credit could be restricted to 12-14 per cent in fiscal 2025 if deposit growth remains tepid coupled with increasing cost of funds and competition for funds, said S&P Global Ratings in a report. “Deposit growth continues … read more
Mumbai (IANS) The Nifty ended the Budget week higher (2.35 per cent) after falling for two straight weeks, said Deepak Jasani, Head of Retail Research at HDFC Securities. Nifty ended on a positive note though off the intra-day high in … read more
New Delhi (IANS) Online food delivery platform Swiggy is cutting almost seven per cent of its workforce, or about 400 jobs, in the second round of layoffs, a media report said on Thursday. This move is aimed at improving its … read more
Chennai (IANS) Two- and three-wheeler major TVS Motor Company Ltd closed the third quarter of FY24 with a higher net profit of Rs 593.35 crore. In a regulatory filing on Wednesday, TVS Motor said for the quarter ended December 31, … read more
New Delhi (IANS) The country’s power generation based on domestic coal increased by 7.14 per cent to 872 billion units during April-December of the current financial year, compared to 813.9 billion units generated in the same period of the previous … read more
Hyderabad (IANS) Boeing estimates India will need more than 2,500 new aircraft by 2042 to cater to the needs of its growing civil aviation market. Addressing a news conference at Wings India 2024, the civil aviation conclave and exhibition, Boeing’s … read more