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Economy
Amazon aims to log $20 bn worth exports from India by 2025
Bengaluru: E-commerce giant Amazon on Wednesday announced it now aims exports worth $20 billion from India by 2025, thus doubling its goal.
In 2020, Amazon pledged to enable $10 billion in cumulative exports from India by 2025.
The!-->…
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Employment in finance, realty, IT, banks, health performed better than peers, says Bank of Baroda
New Delhi: Finance, real estate, IT, banks and healthcare are some of the sectors which have performed better than the industry total in terms of employment, said Bank of Baroda in a report.
"Sectors such as IT, finance and banking have!-->…
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Samsung inks $1 bn 5G deal with US network operator DISH
San Francisco : US network operator Dish has picked Samsung to supply 5G network solutions in a multi-year deal worth over $1 billion.
Samsung will deploy 5G Open Radio Access Network solutions across DISH Wireless SMART 5G network.
The!-->…
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Dalal Street in focus as LIC IPO opens for subscription
New Delhi : The Dalal Street would be in focus as the subscription for the initial public offering of insurance major Life Insurance Corporation has opened on Wednesday.
The long-awaited Initial Public Offering (IPO) for the LIC will!-->…
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Sign of improved investment cycle gives push to corporate profits, says ICICI Securities
New Delhi : Low leverage effects, earnings beat and nascent signs of improving investment cycle are providing confidence on sustainable growth in corporate profits, said ICICI Securities.
Key positives for the current uptrend in profit!-->…
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Share of retail investors in companies listed on NSE reaches all-time high of 7.42%
New Delhi : Share of retail investors (individuals with up to Rs 2 lakh shareholding) in companies listed on NSE reached an all-time high of 7.42 per cent as on March 31, 2022 from 7.33 per cent as on December 31, 2021, as per!-->…
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3 labourers death case: Lapse on part of Zuari Agro Chemicals, says Goa Minister
Panaji : The state Ministry for Factories and Boilers' prima facie probe into the death of three labourers in an accident at the Zuari Agro Chemicals plant in South Goa has found lapses on part of the company's processes, Minister!-->…
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Adani Enterprises’ consolidated EBIDTA increased 45% to Rs 4,726 cr in FY22
Ahmedabad : Adani Enterprises Ltd (AEL), part of the Adani Group, on Tuesday announced its results for the financial year and quarter ended March 31, 2022.
The financial highlights FY22 on a year-on-year (YoY) basis:
AEL's total income!-->…
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Ola Electric pips rivals, becomes top Indian e-scooter firm
New Delhi : Ola Electric has grabbed the top spot in the fast-growing electric vehicle (EV) market in India, in just five months of launching its first e-scooter.
According to the government's Vahan portal data, Ola registered 12,689!-->…
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Healthcare automation firm Element5 raises $30 mn, to hire more in India
Chennai : US and Chennai-based automation service provider Element5 on Tuesday said it has raised $30 million in its Series B round led by Insight Partners, and it will use the money to boost the delivery of its post-acute healthcare!-->…
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