New Delhi (IANS) The Society of Manufacturers of Electric Vehicles (SMEV) has requested the Centre to provide some incentives — in the form of subsidies — on exports of affordable small cars and scooters from India in the Union Budget FY23 … read more
New Delhi (IANS) Shares of Kellton Tech Solutions hit the 10 per cent upper circuit on Tuesday, in an otherwise bearish trading session for equities. Kellton Tech is a ‘Born Digital’ technology consulting and IT services firm that delivers innovative business … read more
Mumbai (IANS) Expectations of healthy Q3FY22 results buoyed India’s key equity indices — S&P BSE Sensex and NSE Nifty50 — on Monday. Globally, Asian share markets were mixed on Monday as a slew of Chinese economic data confirmed the deadening effect … read more
Mumbai (IANS) Corporate earnings growth for the third quarter of FY22 is expected to be led by cyclical stocks, Motilal Oswal Financial Services (MOSFL) said in a report. Earnings growth is anticipated to be driven by metals, oil and gas and … read more
Bengaluru (IANS) Wipro on Wednesday announced results for the quarter ended December 31, 2021, recording a gross revenue of Rs 203.1 billion ($2.7 billion), an increase of 3.3 per cent QoQ and 29.6 per cent YoY. Wipro registered net income of … read more
New Delhi (IANS) India Inc is ready to take on the third Covid wave with operational experience gained during the last two-years of pandemic. Accordingly, the rising cases of Covid-19 as well as subsequent mobility curbs will have a ‘relatively mild’ … read more
Seoul/New Delhi (IANS) A Seoul court on Monday approved a local consortium’s acquisition of Mahindra & Mahindra-owned SsangYong Motor by Edison Motors for $254 million, paving the way for the financially-troubled carmaker to get back on track. The consortium led by … read more
New Delhi (IANS) Shares of graphite makers have turned attractive with reports emerging that the commodity is in short supply globally amid the strong demand. Graphite is a key component needed for the production of lithium batteries. The metal prevents the … read more
Chennai (IANS) One of Asia’s life insurance giants, the Life Insurance Corporation of India (LIC), closed December 2021 with about 20 per cent decline in new premium as compared to the premium earned during the corresponding period of 2020.However, LIC is … read more
New Delhi (IANS) After a marginal decline in early trade primarily due to profit booking, Indian equity market traded in the green later in the day and settled higher on Wednesday. Accordingly, Sensex and Nifty settled at 60,223 points and 17,925 … read more