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Economy
Qualcomm tops global cellular IoT chip market
New Delhi: Qualcomm topped the global cellular internet of things (IoT) chipset market with a 38 per cent share in terms of shipments in the fourth quarter of 2021, a new report has said.
Qualcomm grew its share both annually and!-->…
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Video chat app Zoom unveils new products as its stock nosedives
New Delhi: As countries reopen and millions rejoin offices, video collaboration and chat app Zoom has seen a massive erosion in its stock value -- nearly 80 per cent -- from its high in 2020.
The demand for Zoom soared in the two years!-->…
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India’s March merchandise exports rise over 19%, imports 24%
New Delhi: India's March 2022 merchandise exports rose to $42.22 billion, higher by 19.76 per cent on a year-on-year basis, official data showed on Tuesday.
Exports during March 2021 stood at $35.26 billion.
"Non-petroleum and non-gems!-->…
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Erasing opening session gains, indices close truncated week in red
New Delhi: Erasing entire opening session gains, the benchmark indices closed the truncated festival week in the red.
Equity markets will be closed on Thursday and Friday on account of Dr Baba Saheb Ambedkar Jayanti/Mahavir Jayanti and!-->…
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Niti Aayog CEO asks EV makers to recall vehicle batches involved in fires
New Delhi: As more and more electric two-wheelers catch fires in the country, NITI Aayog CEO Amitabh Kant on Wednesday asked EV original equipment manufacturers (OEMs) to voluntarily recall batches involved in the EV fire incidents.!-->…
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Hyundai to invest $300 mn in US plant for eco-friendly cars
Seoul: Hyundai Motor said on Wednesday it will invest 370 billion won ($300 million) in its US plant to begin the production of environment-friendly vehicles there later this year.
Hyundai Motor will upgrade the existing assembly lines!-->…
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Sundar Pichai announces $9.5 bn for new offices, data centres in US
San Francisco: Alphabet and Google CEO Sundar Pichai on Wednesday announced to invest approximately $9.5 billion for new offices and data centres in the US this year, creating 12,000 new full-time jobs and thousands more among local!-->…
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Cyber-attack on OIL network in Assam but production unaffected
Guwahati : State-owned Oil India Ltd (OIL) has suffered a major cyber-attack in its field headquarters in eastern Assam's Duliajan, with the hacker demanding $75,00,000, officials said on Wednesday.
OIL's Manager, Security, Sachin Kumar,!-->…
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Bharat Dynamics, NDTV, Adani Green among outperformers in Q12022, Kaiser Corp top mover
New Delhi : There is no dull moment in the market as every now and then an outperformer is born, and the first quarter of calendar year 2022 (January-March) is not an exception.
Bharat Dynamics, NDTV, Kiran Syntex, Adani Green Energy,!-->…
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Cabinet approves pact between SEBI & Manitoba Securities Commission on securities regulation
New Delhi : The Union Cabinet on Wednesday approved the signing of a bilateral Memorandum of Understanding (MoU) between market regulator Securities and Exchange Board of India (SEBI) and Manitoba Securities Commission, Canada.
The MoU!-->…
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