Geopolitical issues and festival likely to dampen Indian Equity Market in coming weeks

Mumbai (IANS) With the impending US sanctions on Iran, as also the ongoing quarterly earnings season and the upcoming festival of Diwali, the Indian equity market is likely to witness a short but eventful trading week ahead.

…

Paytm registers 600% growth in UPI transactions in 6 months

New Delhi (IANS) Alibaba and SoftBank-backed Paytm on Friday said it witnessed 600 per cent growth in the Unified Payments Interface (UPI) transactions in the last six months.

One97 Communications Limited, that owns the brand…

I'm a big believer in India, weak currency just speed bumps: Tim Cook

New Delhi (IANS): Admitting that his business in India in the fiscal fourth quarter of 2018 was flat and weak currency trends are just speed bumps, Apple CEO Tim Cook said he is a big believer in the country and can't wait for the future there.

Loan under 59 minutes among Modi's major sops for MSMEs

New Delhi (IANS): Prime Minister Narendra Modi on Friday announced a host of sops for the ailing Micro, Small and Medium Enterprises (MSME) sector including approval for loans up to Rs 1 crore within 59 minutes with 2 percent interest subvention.

GST collections cross Rs 1 lakh crore mark

New Delhi (IANS) Revenue collections under the Goods and Services Tax (GST) crossed the Rs 1 lakh crore mark in October, Finance Minister Arun Jaitley said on Thursday.

This was a marked improvement over the September GST collection…

Apple confirms new iPad Pro, MacBook Air price in India

New Delhi (IANS): Apple on Wednesday confirmed the price of its newly-launched iPad Pro, MacBook Air and Mac Mini in India.

The 11-inch iPad Pro starts at Rs 71,900 for the Wi-Fi model and Rs 85,900 for the Wi-Fi+ Cellular model.

The…

Sensex jumps 550 points, Nifty above 10,300

Mumbai (IANS): Riding on firm global cues, the domestic markets ended higher on Wednesday, as the key equity indices -- S&P BSE Sensex and Nifty50 -- jumped over 1.60 percent each, driven by banking and finance counters.

However, the markets…

US restricts Chinese chipmaker from buying American parts

Washington (IANS): The US has restricted exports to a state-backed Chinese company that makes semiconductors in the latest escalation in Washington's trade fight with Beijing.

On Monday, the US Commerce Department said Fujian Jinhua Integrated…

IBM to acquire Red Hat for $34 bn

San Francisco (IANS): Sending a strong signal towards dominating the emerging $1 trillion Hybrid Cloud market, tech major IBM has announced to acquire Open Source Solutions leader Red Hat for a massive $34 billion.

The acquisition, IBM's…

Sensex, Nifty surge over 2% on value buying

Mumbai (IANS): The Sensex on Monday spurted over 700 points to scale the 34,000-mark, as investors boosted purchases after a string of declines had taken the barometer indices to a 7-month low last week.

The NSE's Nifty closed slightly…