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Vodafone Idea finalises $3.6 bn deal with global partners to boost India footprint

Vodafone Idea finalises $3.6 bn deal with global partners to boost India footprint

22-09-2024  comments

New Delhi (IANS) Telecom operator Vodafone Idea on Sunday said it has concluded a $3.6 billion deal with Nokia, Ericsson and Samsung for supply of network equipment over a period of three years and strengthen its footprint. 

According to the…

Centre facilitates refund of over Rs 1 crore to students of various coaching centres

Centre facilitates refund of over Rs 1 crore to students of various coaching centres

22-09-2024  comments

New Delhi (IANS) The government of Sunday said it has facilitated a refund of more than Rs 1 crore to affected students from the total demanded refund of Rs 2.39 crore till date, who raised unfair practices by various coaching centres, especially…

Gross inward FDI grew 23.6 pc to $27.7 billion in April-July period: RBI

Gross inward FDI grew 23.6 pc to $27.7 billion in April-July period: RBI

21-09-2024  comments

New Delhi (IANS) Keeping the upward trajectory, the Reserve Bank of India (RBI) saw net foreign direct investment (FDI) growing in the first four months of FY25, owing to an increase in gross FDI flows. 

The gross inward FDI grew by 23.6 per…

Sensex crosses 84,000 for first time, Nifty hits record high

Sensex crosses 84,000 for first time, Nifty hits record high

20-09-2024  comments

Mumbai (IANS) India front-line indices were trading at an all-time high on Friday in mid-session following positive sentiments in the market after the US Fed rate cut.

Sensex and Nifty made a new all-time high of 84,213 and 25,716 respectively.…

Digital payment transactions value hits Rs 3,659 lakh cr in FY24, UPI clocks 138 pc growth

Digital payment transactions value hits Rs 3,659 lakh cr in FY24, UPI clocks 138 pc growth

20-09-2024  comments

New Delhi (IANS) The number of digital payment transactions volume in India surged from 2,071 crore in fiscal 2017-18 to 18,737 crore in fiscal 2023-24 at a compounded annual growth rate (CAGR) of 44 per cent, the government said on Friday.  

Pre-orders for 'made in India' iPhone 16 surges, set to break export records

Pre-orders for 'made in India' iPhone 16 surges, set to break export records

19-09-2024  comments

New Delhi (IANS) Apple has seen a surge in pre-orders for its ‘Make in India’ iPhone 16 in the country, as the company gears up to make its latest iPhone line-up available on September 20, trade analysts said on Thursday, adding that the new devices…

India set to become third-largest economy by FY30-31: S&P Global

India set to become third-largest economy by FY30-31: S&P Global

19-09-2024  comments

Mumbai (IANS) India is on track to become the third-largest economy by fiscal 2030-31, driven by a robust projected annual growth rate of 6.7 per cent, a report by S&P Global projected on Thursday.  

The country has emerged as the fastest-growing…

IPO market boom: India held highest share globally in first half of 2024

IPO market boom: India held highest share globally in first half of 2024

18-09-2024  comments

New Delhi (IANS) India's equity market witnessed the highest Initial Public Offerings (IPO) globally due to strong domestic inflow in the market, according to a report.  

Wealth management firm Angel One Wealth said, "In the first half…

Nazara raises Rs 900 crore, ups stake in Absolute Sports to 91 pc

Nazara raises Rs 900 crore, ups stake in Absolute Sports to 91 pc

18-09-2024  comments

Mumbai (IANS) Homegrown gaming and sports media company Nazara Technologies on Wednesday said it has raised Rs 900 crore as preferential equity issue to boost its growth trajectory. 

The capital infusion will fuel strategic acquisitions, fund…

Mercedes-Benz to Jaguar Land Rover, India manufacturing in top gear

Mercedes-Benz to Jaguar Land Rover, India manufacturing in top gear

17-09-2024  comments

New Delhi (IANS) As the market for luxury cars and top-notch electric vehicles (EVs) ramp up in India amid friendly government policies and shifting 'generational mindset’, more and more global automakers are lining up to manufacture/assemble…

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