Public sector oil giants post 25-fold jump in combined profit at Rs 86,000 crore for 2023-24

New Delhi (IANS) The state-owned oil marketing companies Indian Oil, Bharat Petroleum and Hindustan Petroleum have not only ensured fuel availability at affordable rates in 2023-24, with one of the lowest fuel price inflation globally in India, but…

After 10 years of tech innovations, India geared up for next phase of growth: Industry leaders

New Delhi (IANS) As India embarks on its journey to become a global technology powerhouse under various schemes launched by Prime Minister Narendra Modi and his government in the last 10 years, the National Technology Day is the occasion for the country…

Over $320 mn raised by 24 Indian startups this week

New Delhi (IANS) More than $320 million has been raised by 24 Indian startups in funding this week, which includes 7 growth-stage deals and 13 early-stage deals.

Four early-stage startups did not disclose the amount raised, reports Entrackr.

Indians buying luxury homes more than ever, affordable housing sees 20 pc dip: Report

New Delhi (IANS) Luxury and premium home sales surged in India in the last five years -- from 7 per cent sales in Q1 2019 to 21 per cent in Q1 2024 -- while affordable housing saw a 20 per cent dip in the same period, a report showed on Friday.

India smartphone market grows 8 pc in Q1, 5G shipments share at highest-ever 71 pc

New Delhi (IANS) Driven by consumers upgrading to higher-value phones across price tiers, India’s smartphone shipments in the January-March quarter (Q1) grew a record 8 per cent (year-on-year) in terms of volume and 18 per cent in terms of value,…

Maruti Suzuki launches 4th-gen Swift at starting price of Rs 6.49 lakh

New Delhi (IANS) Leading carmaker Maruti Suzuki on Thursday launched the 4th generation Epic New Swift at a starting price of Rs 6.49 lakh (ex-showroom) in India.

The car comes with a wide range of colours that complement its dynamic design,…

Sensex falls 300 points as equities selloff continues

Mumbai (IANS) Sensex fell by 300 points on Wednesday as the selloff in equities continues.

Indian equities continued to sell off for the fourth consecutive session on Wednesday. BSE Sensex was trading at 73,201 points, down by 309 points.

Hero MotoCorp posts 18 per cent rise in Q4 net profit, declares dividend of Rs 40 per share

New Delhi (IANS) Two-wheeler giant Hero MotoCorp on Wednesday reported an 18.4 per cent increase in its standalone net profit at Rs 1,016 crore for the January-March quarter of 2023-24, on the back of robust sales and higher selling prices for its…

Indian airlines poised to capture 50% of country’s global passenger traffic: CRISL

New Delhi (IANS) The airlines in India are poised to capture 50 per cent share of the country’s international passenger traffic by 2027-28 with a 7 per cent jump in market share from 43 per cent at present, according to a CRISIL report released on…

Dr Reddy’s Laboratories clocks 36 pc surge in Q4 net profit

Mumbai (IANS) Dr Reddy’s Laboratories on Tuesday reported a 36 per cent jump in net profit at Rs 1,307 crore for the Jan-March quarter of 2023-24 compared to the corresponding figure of Rs 960 crore in the same period of the previous year.

The…