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Economy
Priyanka Gandhi bullish on PSU stocks, relies on govt companies for returns
New Delhi: Congress General Secretary Priyanka Gandhi Vadra often criticises the government, but her key choice for investments includes PSU shares.
According to the affidavit submitted by Priyanka Gandhi, who is making her electoral!-->…
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Sensex ends flat, Hindustan Unilever among top losers
Mumbai: The Indian stock market closed flat on Thursday as selling was seen in the auto and IT sectors, with Hindustan Unilever Ltd being among the top losers, after it reported a 4 per cent drop in standalone net profit for Q2 at Rs!-->…
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Adani Group’s ACC Ltd clocks highest quarterly revenue at Rs 4,614 crore in Q2
Ahmedabad: Cement and building materials leader ACC Ltd, part of the diversified Adani Group, on Thursday reported the highest quarterly revenue at Rs 4,614 crore, up 4 per cent (year-on-year).
The company clocked volume growth of 15 per!-->…
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Cabinet approves Rs 1,000 crore VC fund to propel space sector, boost employment
New Delhi: The Union Cabinet, chaired by Prime Minister Narendra Modi, on Thursday approved the setting up of a Rs 1,000 crore venture capital (VC) fund dedicated to the growing space sector.
The deployment period of the proposed VC!-->…
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Logistics firm Shiprocket reports Rs 595 crore net loss in FY24
New Delhi: Logistics and supply chain company Shiprocket has reported Rs 595 crore net loss in the fiscal 2024, a 75 per cent increase from Rs 340 crore loss in FY23.
The reported Rs (-) 595 crore PAT is primarily driven by three key!-->…
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HUL shares slump over 6 per cent after weak Q2 performance
Mumbai: Shares of Hindustan Unilever Ltd (HUL) fell over 6 per cent on Thursday following the company's reported weak performance in the September quarter.
At 1.08 p.m., HUL shares were at Rs 2,485, down 6.67 per cent.
HUL's standalone!-->…
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Yotta Data Services, Nvidia introduce 6 new AI platform services for Indian firms
Mumbai: Yotta Data Services on Thursday unveiled six artificial intelligence (AI) platform services, in collaboration with global graphics giant Nvidia, under its ‘Shakti Cloud’ platform to accelerate AI adoption for businesses,!-->…
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Indian D2C jewellery segment garners $103 mn in funding this year, surpasses US
Bengaluru: The Indian direct-to consumer (D2C) jewellery segment, with over 550 startups, has garnered $103 million in funding this year to date, according to a report on Thursday.
In 2023, the D2C jewellery segment in India raised a!-->…
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Indian stock market opens flat as FII outflow continues
Mumbai: The Indian stock market opened flat on Thursday as buying was seen in auto, IT, PSU bank, financial services and pharma sectors during the early trade.
The Sensex was trading at 80,194.93 after rising 112.95 points or 0.14 per!-->…
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India projected to see 2,500 global capability centres in next 4 years
New Delhi: Amid the boom in the global capability centres (GCCs) in India, the country is projected to see 2,500 such centres over the next four years, with their office space footprint likely to surpass 300 million square feet, according!-->…
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