Foxconn to start manufacturing iPhones at K'taka plant by next April: Minister

Bengaluru (IANS) Karnataka Minister for Large and Medium Industries, M.B. Patil, said on Thursday that Apple Inc supplier Foxconn has plans to start manufacturing iPhone units at its proposed plant in Devanahalli by April 2024, and the state government…

GST collections for May fell 19% to Rs 1,57,090 crore

New Delhi (IANS) The gross Goods and Services Tax (GST) revenue collections for May fell by 19 per cent to Rs 1,57,090 crore. The figures had touched their highest-ever level of Rs 1,87,035 crore in April.

Out of the total GST collections of…

Electric two-wheeler prices shocks prospective owners

Chennai (IANS) While they are powered by electricity, their new prices are giving shocks to the prospective buyers.

The Central government has revised, from June 1, the FAME II subsidy scheme for two-wheelers with the subsidy element which…

TVS Motor hikes prices of EV scooter by Rs 17,000 - Rs 22,000

Chennai (IANS) Two and three-wheeler maker TVS Motor Company Ltd has hiked the price of its electric two-wheeler between Rs 17,000 - Rs 22,000 depending on the variant.

The price hike on its electric two-wheeler iQube is effective from Thursday…

Karvy Stock Broking pledged securities of clients, diverted funds to group companies

New Delhi (IANS) Market regulator, the Securities and Exchange Board of India (SEBI) has cancelled the Certificate of Registration of Karvy Stock Broking (KSBL).

SEBI had received a preliminary report dated November 22, 2019, from NSE, containing…

'India's GDP numbers higher than expected'

Chennai (IANS) India's gross domestic product (GDP) growth for FY23 is estimated at 7.2 per cent, the National Statistical Office (NSO) announced on Wednesday.

According to NSO, which comes under the Ministry of Statistics and Programme…

realme's number series takes a leap forward with latest aesthetic design

New Delhi (IANS) As smartphone designs go through serious transformation as users look for devices that reflect their personality and lifestyle, global technology brand realme is geared up to soon launch realme 11 pro that will be yet another testament…

Adani Ports Revenue and EBITDA jumps over 20% in FY23

New Delhi (IANS) Adani Ports and Special Economic Zone Ltd (APSEZ) on Tuesday announced its results for the fourth quarter and year ended March 31, 2023.

"FY23 has been a stellar year for APSEZ in operational as well as financial performance.…

Indian bourses continue their upwards trend on Tuesday

Chennai (IANS) The two Indian stock markets continued their uptrend on Tuesday beefed up by a steady inflow of foreign funds, said experts.

The Sensex of the BSE crossed the 63,000 mark to touch a high of 63,036.12 points after opening at 62,839.85…

Ukraine war, high commodity prices led to inflation exceeding tolerance levels in 2022-23: RBI report

New Delhi (IANS) Common shocks emanating from the ongoing war in Ukraine -- high food, energy and other commodity prices -- as well as globalisation of inflation to multi-decadal high levels, exerted sustained upside price pressures in India, leading…