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India's space sector startups gearing up for successful lift off

India's space sector startups gearing up for successful lift off

12-12-2021  comments

Chennai (IANS) Space is the next frontier for India's startups and major industrial groups are attempting to conquer it.

With the BJP government last year announcing to open the sector for private players, many startups have entered this…

FSI expected to grow by 9?GR over FY20-25E: MOFSL

FSI expected to grow by 9?GR over FY20-25E: MOFSL

11-12-2021  comments

New Delhi (IANS) The Indian food service industry (FSI) is expected to grow by nine per cent CAGR over FY20-25E.

As per Motilal Oswal Financial Services (MOFSL), the growth of FSI is being driven by rising income levels, urbanisation, and nuclearisation…

High prices of automobiles likely to persist during next year: Report

High prices of automobiles likely to persist during next year: Report

11-12-2021  comments

New Delhi (IANS) High prices of automobiles are likely to persist at elevated levels even during 2022, said Grant Thornton Bharat in a report.

Lately, increasing cost of commodities in India has resulted in record-high prices for new and used…

Indian equities down in early trade

Indian equities down in early trade

10-12-2021  comments

New Delhi (IANS) The 30-scrip Sensitive Index (Sensex) fell during early trade on Friday.

At 11 a.m. the S&P BSE Sensex traded at 58,595 points, down 0.36 per cent.

It opened at 58,696 points from the previous close of 58,807 points.

Xiaomi-Poco India market share clubbed together, shows realme's tweet

Xiaomi-Poco India market share clubbed together, shows realme's tweet

10-12-2021  comments

New Delhi (IANS) Fastest-growing smartphone brand realme tweeted a creative on Friday that showed India data for the month of October from a leading global research firm, where Xiaomi's smartphone market share has been clubbed with its independent…

India's Oct industrial production eases sequentially to 3.2 percent

India's Oct industrial production eases sequentially to 3.2 percent

10-12-2021  comments

New Delhi (IANS) High base effect, along with supply side constraints such as semiconductor shortages, eased India's industrial output growth to 3.2 per cent in October, on both year-on-year and sequential basis.

The rise in Index of Industrial…

Equities marginally down in early trade on profit booking

Equities marginally down in early trade on profit booking

09-12-2021  comments

New Delhi (IANS) The 30-scrip Sensitive Index (Sensex) fell marginally in early trade on Thursday due to profit booking after Wednesday's sharp jump.

At 10.00 a.m. the S&P BSE Sensex traded at 58,581 points, down 0.13 per cent.

It…

Samsung busts counterfeit TV racket in Delhi

Samsung busts counterfeit TV racket in Delhi

09-12-2021  comments

New Delhi (IANS) Markets across NCT of New Delhi were raided by Samsung in furtherance to court orders, which unearthed a shockingly large racket of the sale of fake, counterfeit and unauthorized ‘SAMSUNG LED TVs in the markets of the national capital.

Reliance Commercial Finance resolution approved by over 99?benture holders

Reliance Commercial Finance resolution approved by over 99?benture holders

09-12-2021  comments

New Delhi (IANS) Non-banking finance company Authum Investment and Infrastructure's resolution plan has been voted with an overwhelming majority of over 99 per cent by the debenture holders of Reliance Commercial Finance Ltd.

The plan,…

RBI keeps lending rates intact, remains accommodative

RBI keeps lending rates intact, remains accommodative

08-12-2021  comments

Mumbai (IANS) To support a durable as well as lasting economic recovery amid concerns over the Omicron variant of the coronavirus, the Reserve Bank of India on Wednesday retained its key lending rates along with the growth-oriented accommodative stance…

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