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Economy
Broader indices come under major selling pressure
New Delhi, May 6 (IANS) PSU bank stocks underperformed on Monday reacting to stricter RBI norms on lending to projects under development.
Among PSU banks, PNB was down 6.4 per cent, Canara Bank was down 5.4 per cent and SBI was down 2.8 per!-->…
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Govt’s electronics component manufacturing PLI to end dependency on foreign suppliers, create…
New Delhi, May 6 (IANS) As the government begins the exercise to create benchmarks for electronics component manufacturing, industry stakeholders on Monday said the move will contribute significantly to creating an ‘Atmanirbhar Bharat’ and!-->…
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Mutual funds at all-time high, FII holding down at 11-year low
New Delhi, May 6 (IANS) While the share of mutual funds in listed companies rose to another all-time high, FII holdings declined to an 11-year low.
The share of domestic Mutual Funds (MFs) in NSE-listed companies rose to another all-time!-->…
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Apple’s iPhone 15 Pro Max best-selling smartphone in Q1 this year: Report
New Delhi, May 6 (IANS) Apple’s iPhone 15 Pro Max was the best-selling smartphone of the first quarter (Q1) of 2024, a new report showed on Monday.
According to Counterpoint Research, Apple and Samsung dominated the top 10 best-selling!-->…
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Investment firm KKR to acquire Indian medical devices company Healthium
New Delhi, May 6 (IANS) Leading global investment firm KKR on Monday announced the signing of definitive agreements under which funds managed by KKR will acquire Indian medical devices company Healthium Medtech from an affiliate of Funds!-->…
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Education shouldn’t suffer: Anand Mahindra offers help to 10-yr-old Delhi boy selling rolls
New Delhi, May 6 (IANS) Mahindra Group Chairman Anand Mahindra on Monday came forward to help a 10-year-old Delhi boy, who was selling rolls after his father's demise, saying that the boy's education should not be affected and his!-->…
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HCLTech partners AWS to accelerate GenAI adoption
New Delhi, May 6 (IANS) Global technology company HCLTech on Monday announced a strategic partnership agreement with Amazon Web Services (AWS) to accelerate generative artificial intelligence (GenAI)-led enterprise digital transformation.!-->…
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India, Ghana agree to operationalise UPI link within 6 months
New Delhi, May 6 (IANS) India and Ghana have agreed to operationalise Unified Payment Interface (UPI) with Ghana Interbank Payment and Settlement Systems within six months in order to enable instant fund transfers for users in both!-->…
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Siguler Guff invest Rs 240 crore in Hyderabad-based microfinance lender Spandana Sphoorty
Mumbai, May 6 (IANS) Private markets investment firm Siguler Guff and Company on Monday announced it has invested Rs 240 crore for an approximate 3.5 per cent ownership stake in Spandana Sphoorty Financial Ltd, a Hyderabad-based!-->…
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India’s services sector clocks robust growth in April, lifts business confidence to 3-month…
New Delhi, May 6 (IANS) India's services sector continued to register robust growth in April on the back of strong domestic and foreign demand, which lifted business confidence to a three-month high, according to an HSBC survey published on!-->…
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