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Economy
IPO-bound Delhivery has promising growth potential: Samco Securities
New Delhi: The Indian logistics business is poised for tremendous expansion, and the IPO-bound Delhivery, with its focus on the fast-growing e-commerce market, has promising growth potential ahead of it, said brokerage house Samco!-->…
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Indian regulator warns Uber, Ola to fix customer complaints else face penal action
New Delhi : The Central Consumer Protection Authority (CCPA) on Tuesday warned ride-hailing platforms like Uber and Ola to fix rising consumer complaints regarding ride cancellations, cancellation charges, random surge pricing, and long!-->…
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Party time for Kohinoor Foods’ investors as stocks up 130% in 1 month
New Delhi : It's party time for those investors who have bought shares in Kohinoor Foods over the past one month as they have more than doubled during the said period.
The shares of the company have been reportedly consistently hitting!-->…
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Startup CEO salary hits $150K on average this year
San Francisco/New Delhi : The average startup CEO salary increased by 2.7 per cent in 2022 to reach $150,000 per annum globally from last year, while the median increased to $140,000, according to a new report.
According to startup!-->…
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Bajaj Finance raises interest rate on FDs with immediate effect
New Delhi : Bajaj Finance, the lending and investing arm of Bajaj Finserv, has increased interest rates on their fixed deposit (FD) programme by up to 10 basis points, for tenor between 36 to 60 months.
The revised rates on Bajaj!-->…
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Equity indices settle low amid high volatility, rupee recovers a tad
New Delhi : Equity benchmark indices extended their losses from the previous session and settled on a negative note on Tuesday, amid high volatility in overall financial markets.
Sensex closed at 54,364 points, down 106 points or 0.2 per!-->…
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Enough pressure on RBI as rupee’s sentiment negative, may touch 80/$1, says mkt observer…
New Delhi : There is enough pressure for the RBI to do something unusual amidst sharp depreciation in the value of rupee, says Jamal Mecklai, CEO at Mecklai Financial Services, adding that he generally feels the sentiment is negative.!-->…
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MRF closes FY22 with lower profit after tax at Rs 647.34 crore
Chennai : Tyre major MRF Ltd closed FY22 with a lower net profit on a higher revenue as compared to FY21.
The company's board recommended a final dividend of Rs 144 per share of Rs 10 each. The total dividend for FY22 was Rs 150 after!-->…
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Multi-factor authentication to generate $27 bn globally for operators: Report
London : Mobile operators will generate $27 billion from the termination of SMS messages related to multi-factor authentication in 2022. This will be an increase from $25 billion in 2021, a report said on Tuesday.
According to Juniper!-->…
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Vahan recognised as global technology pioneer by World Economic Forum
New Delhi : Vahan, a Bengaluru-based startup focused on solving the employment issue of the 500 million blue-collar workers in India, has been selected among hundreds of candidates as one of the World Economic Forum's "Technology!-->…
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