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Economy
Power cos’ shares attract investors on firm demand outlook
New Delhi- Shares of power distribution companies are in demand amid reports of rising electricity consumption in the country.
An early onset of summer coupled with rising demand from businesses with Covid-led restrictions being!-->…
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Maruti Suzuki to recall 19,731 units of Eeco
New Delhi- Automobile major Maruti Suzuki India on Wednesday announced a voluntarily recall of 19,731 units of its 'Eeco' model.
According to the company, the recall is being undertaken to inspect and rectify "incorrect marking of wheel!-->…
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IT spending in India to hit $110.6 bn despite inflation, geo-political disruption
New Delhi: The overall IT spending in India is likely to reach $110.6 billion in 2022 -- growing 6.3 per cent from 2021 - as inflation, geo-political disruption and talent shortages are not expected to slow down IT investments, a Gartner!-->…
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Flexible workspace provider IndiQube raises $30 mn to double India footprint
New Delhi- Flexible workspace provider IndiQube on Wednesday said it has raised $30 million, as it aims to more than double its Pan-India footprint in the next two years.
The funding round saw participation from IndiQube's promoters,!-->…
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Sugar stocks sweeten on firm exports prospects
New Delhi- Shares of sugar companies traded higher on Wednesday trade in an otherwise weak broader market.
Dwarikesh Sugar, Dalmia Bharat Sugar and Industries, and Triveni Engineering rallied between 4 per cent to 7 per cent.
Magadh!-->…
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‘Hope, I don’t get to hear this case again’: CJI on Amazon, Future Retail matter
New Delhi- Chief Justice N.V. Ramana on Wednesday said he hopes he does not have to hear this case again, while recording that Amazon and Future Retail Ltd (FRL) will move the Singapore International Arbitration Centre (SIAC) to resume!-->…
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Delhi HC reserves order on anticipatory bail of Spicejet promoter in fraud case
New Delhi- The Delhi High Court on Wednesday reserved the order on the anticipatory bail plea by Ajay Singh, Managing Director, and Promoter of Spicejet, in a case of an alleged fraud related to the transfer of 10 lakh shares of the!-->…
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Equity indices settle low, HDFC twins share decline
New Delhi- Continuing with early session losses, the benchmark indices -- Sensex and Nifty - settled Wednesday's session in the red due to continued profit booking by investors.
Also, the benchmark indices were muted due to drop in HDFC!-->…
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India to see average 9% salary hike this year, 2% more than pre-Covid era
New Delhi- As India returns to normal after two years of the pandemic, companies are likely to hand out salary increments at an average hike of 9 per cent -- as compared to 7 per cent in the pre-Covid era in 2019, a new report showed on!-->…
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Jindal Global Law School ranks 70th globally, No. 1 in India
Sonipat- Jindal Global Law School (JGLS) of O.P. Jindal Global University (JGU) has once again retained the No.1 position in India while its global ranking this year improved to 70th, a jump of six places from 2021, according to the QS!-->…
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