Maruti Suzuki India achieves 2 million units in a calendar year for 1st time

New Delhi (IANS) Maruti Suzuki India on Tuesday announced a production milestone of 2 million vehicles in a calendar year for the first time in its history. 

The automaker also became the first among Suzuki Motor Corporation’s global automobile…

India sees over 90 pc rise in smartphone exports in Nov, Apple leads

New Delhi (IANS) India has seen a record smartphone exports in November this year, surpassing the Rs 20,000 crore mark for the first time in a month, which was led by Apple. 

According to industry data, smartphone exports crossed Rs 20,300…

Edtech unicorn upGrad clocks Rs 560 crore loss in FY24

New Delhi (IANS) Online skills and learning platform upGrad has recorded a loss of Rs 560 crore in FY24, a decrease from a Rs 1,142 crore loss in FY23.  

In the last fiscal, the company’s EBITDA (including one-time cost) loss stood at Rs 285…

India’s total exports rise to $67.8 billion in November

New Delhi (IANS) India's total exports (merchandise and services combined) during November 2024 are estimated at $67.79 billion, registering a growth of 9.59 per cent vis-a-vis November 2023, the Commerce and Industry Ministry announced on Monday.…

Market Outlook: US Fed policy, FII data and global cues key triggers for next week

Mumbai (IANS) A blend of global and domestic factors will influence the stock market outlook for next week. On the global front, particularly the performance of US markets and the Fed's monetary policy decisions will play a significant role; and…

Zepto’s expenses surge over 71 pc in FY24, losses at Rs 1,248 crore

New Delhi (IANS) Blinkit’s rival Zepto saw its expenses surge a whopping 71.6 per cent to Rs 5,747 crore in the last financial year (FY24), as the company clocked Rs 1,248.6 crore in losses. The return on capital employed (ROCE) for the quick commerce…

Sensex, Nifty fall more than 1 pc as global risks weigh on market sentiment

Mumbai (IANS) Indian benchmark indices Sensex and Nifty fell more than 1 per cent on Friday. At around 10.51 a.m., the Sensex fell 1,017.03 points or 1.25 per cent to 80,272.93, while the Nifty fell 306.80 points or 1.25 per cent to 24,241.90. The…

Passenger vehicles clock highest ever November sales in India

New Delhi (IANS) Passenger vehicles in India saw their highest-ever November sales at 3.48 lakh units, with a growth of 4.1 per cent as compared to the same month last year, according to figures released by the Society of Indian Automobile Manufacturers…

Share of top 50 stocks to total market cap at all-time low: Report

Mumbai (IANS) Share of the top 50 stocks in the total market capitalisation has hit an all-time low, according to a report on Thursday.

The December edition of the DSP Netra report said, "Large-cap stocks are now at their smallest share of…

India's industrial production rose 3.5 per cent in October 2024: Data

New Delhi (IANS) India's Index of Industrial Production (IIP) recorded a year-on-year growth of 3.5 per cent in October, up from 3.1 per cent in September this year, according to the data released by the Ministry of Statistics on Thursday.