Mahindra logs 11 pc growth in overall auto sales for June at 69,397 units

New Delhi (IANS) Automaker Mahindra & Mahindra (M&M) on Monday announced that its overall auto sales for June stood at 69,397 vehicles, a growth of 11 per cent, including exports. 

In the Utility Vehicles (UV) segment, the company sold 40,022…

Indian equity markets surge nearly 14 pc in June quarter, leads in world top 10

Mumbai (IANS) Indian stock indices gave a stellar performance in the June quarter of FY 2024-25. During the April- June period, Indian stock market capitalisation increased by 13.8 per cent, the highest among the top 10 stock markets.

Political stability, aggressive retail buying force FPIs to turn buyers in India

Mumbai (IANS) Political stability and sharp rebound in markets aided by aggressive retail buying have forced the foreign portfolio investors (FPIs) to turn buyers in India, market watchers said on Saturday. 

FPIs have invested Rs 26,565 crore…

NSE warns investors against individuals promising assured returns in stock market

New Delhi (IANS) The National Stock Exchange (NSE) issued an advisory on Friday, cautioning investors of certain individuals promising assured returns on investment in the stock market. 

The exchange said in a statement that investors are cautioned…

India is now world’s 3rd largest domestic aviation market, next to US & China

New Delhi (IANS) India has now become the world’s third-largest domestic aviation market after the U.S. and China, as airlines such as IndiGo and Air India have expanded their fleet size to cater to the surge in air passengers, according to data compiled…

Nifty surpasses 24,000 for 1st time, Sensex goes past 79,000 after sharp bull run

Mumbai (IANS) Buoyed by strong buying once again, Sensex and Nifty surpassed the 79,000 and 24,000 levels, respectively, for the first time on Thursday. 

Sensex gained 568 points to close at 79,243 while Nifty reached 24,044, after gaining…

Nifty hits 24,000 for the first time, Sensex at record high

Mumbai (IANS) Indian frontline indices again touched an all-time high on Thursday as strong buying was seen in IT stocks. 

Sensex and Nifty made an all-time high of 79,240 and 24,036 respectively. This is the first time that Nifty crossed the…

India likely to see 5 times rise in data centre capacity expansion: Report

New Delhi (IANS) Driven by steep data usage and digital adoption, India is likely to see a five times rise in data centre capacity expansion in years to come, a new report said on Thursday.

The country requires an additional 1.7-3.6 GW (gigawatt)…

Flipkart rolling out own payments app 'Super.money'

New Delhi (IANS) E-commerce giant Flipkart has started rolling out its own payments app Super.money, in a fintech push, over a year and a half after separating from PhonePe. 

Now live in beta on the Play Store, the new app allows users to make…

Australia inks $18 million pact with ISRO's commercial arm

New Delhi (IANS) The Australian government on Wednesday entered into an $18 million memorandum of understanding (MoU) with NewSpace India Limited (NSIL), the commercial arm of the Indian Space Research Organisation (ISRO).

Under the partnership,…