Rupee falls against dollar again

Chennai (IANS) The Indian rupee came down against the US dollar on Monday, crossing the Rs 81 mark vis-a-vis a dollar.

The rupee had closed at just over Rs 81 on Friday.

On Monday, the Indian currency opened at Rs 80.92 at the interbank…

India on top gear in its drive to achieve ambitious 2030 milestones

New Delhi (IANS) Despite some initial hiccups, the EV penetration in India is slowly but steadily increasing, especially in the e-scooter segment. Now, the four-wheeler manufacturers have also joined the bandwagon, pushing Indias aim to significantly…

Pre-budget rally seems likely after last week's moves

It was a tough week at the bourses and the benchmark indices gained on two of the five trading sessions. They ended with small gains for the week even though Dow had a poor showing.

BSESENSEX gained 360.59 points or 0.60 per cent to close at…

How Google-CCI fight becomes India's digital opportunity

New Delhi (IANS) The latest verdict of Supreme Court in the Google-CCI case can benefit the Indian tech and digital industry in the long run but there is a long road ahead to achieve that goal, industry experts said on Saturday.

In the ruling…

Reliance Industrial Infra logs Rs 190.43L net for Q3

Chennai (IANS) Reliance Industrial Infrastructure Limited on Friday said it logged a net profit of Rs 190.43 lakh for the third quarter of FY23.

The company in a statement issued said for the period ended December 31, 2022 its total income…

Crypto lending platform Genesis files for bankruptcy

New Delhi (IANS) Popular cryptocurrency broker Genesis has filed for Chapter 11 bankruptcy following the meltdown of the FTX exchange, media reports said.

According to bankruptcy documents, the company listed over 1,00,000 creditors in a "mega"…

No country reflects arising pragmatism better than India: S&P Global Market Intelligence

New Delhi (IANS) India is projected to become the third-largest contributor to global real gross domestic product growth over the next decade, behind only China and the US, according to a new S&P Global Market Intelligence research titled "A Pragmatic…

Sundram Fasteners to invest Rs 200 crore to cater to $250 mn export order

Chennai (IANS) Bagging a $250 million export order to supply components for electric vehicle (EV), Sundram Fasteners Ltd will invest Rs 200 crore at its facilities, the company said on Tuesday.

According to Sundram Fasteners, the company has…

India 5G phone market to expand over 70 per cent by end of 2023: Report

New Delhi (IANS) The India 5G smartphone market is expected to expand by more than 70 per cent (on-year) by the end of CY2023, a report said on Tuesday.

The India smartphone market recorded more than 13 times growth in its 5G shipments from…

Marketing losses of India's oil PSUs to ease: Moody's

Chennai (IANS) With the international prices of petrol and diesel cooling due to economic slowdown concerns, marketing losses for the three Indian oil companies will ease, said Moody's Investors Service.

In a report, Moody's said the…