November 12, 2024 09:50 (IST)
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UK PM approves world's second 6th-gen stealth fighter aircraft developed to counter Russia, China | Russian Deputy PM Denis Manturov calls on PM Modi, discusses strategic partnership | Karnataka Minister sparks row with racist remark against HD Kumaraswamy | BJP urges EC to 'reprimand, censure' Rahul Gandhi for spreading 'lies' in Maharashtra poll campaign | 10 suspected Kuki insurgents killed in encounter with security forces in Manipur's Jibram, curfew imposed

Afcons Infrastructure stock surges 8.9% after listing at discount on NSE

Mumbai/IBNS:  Afcons Infrastructure shares rose by 8.9 percent to Rs 463.9 on the NSE following a weak market debut earlier this week.

Apple acquires Lithuanian-based photo editing app Pixelmator

California/IBNS: Apple has acquired Pixelmator, the Lithuanian-based company behind popular image editing apps like Pixelmator, Pixelmator Pro, and Photomator.

Adani Power cuts electricity supply to crisis-hit Bangladesh over unpaid bills: Report

Dhaka/New Delhi/IBNS: Adani Power Jharkhand Limited (APJL), a branch of Adani Power, has significantly reduced its electricity supply to Bangladesh due to unpaid bills totaling $846 million, as reported by Bangladesh's The Daily Star on Friday (Nov. 2).

US court allows Twitter's ex-CEO Parag Agrawal, other dismissed execs to sue Elon Musk for severance

California/IBNS: A US District Court judge in California has ruled that former Twitter executives, including ex-CEO Parag Agrawal, may proceed with a lawsuit against Elon Musk for severance pay, Bloomberg reported on Saturday (Nov. 2).

Google India's FY24 PAT stood at Rs 1,424.9 cr

Mumbai: Google India's profit after tax (PAT) in fiscal year 2023-24 stood at Rs 1,424.9 crore, according to documents released by Tofler on Friday.

October witnesses jump in electronic two-wheeler sales; Ola, TVS, Bajaj top three performers

New Delhi: The domestic electric two-wheeler (E2W) market saw a nearly 54% month-on-month (MoM) growth in October, fuelled by discount offers, festive season promotions, price cuts, and the release of new variants by industry players, media reports said.

Maruti Suzuki and Mahindra post record sales in October on festive demand surge

Mumbai: Indian automakers Maruti Suzuki India (MSI) and Mahindra & Mahindra (M&M) reported record monthly sales in October, fuelled by festive season demand.

India leads global growth with robust investment and consumption: IMF Report

New Delhi: India continues to lead as the world’s fastest-growing economy, driven by strong investment and private consumption, according to the International Monetary Fund's (IMF) Asia-Pacific Regional Economic Outlook released on Friday.

Partha Pratim Sengupta joins as new MD&CEO of Bandhan Bank

Kolkata: Partha Pratim Sengupta assumed charge as new MD&CEO of private lender Bandhan Bank with effect from Friday, the lender said.

GST collection hits six-month high at Rs 1.87 lakh crore, up 8.9% in Oct

New Delhi/IBNS: Goods and Services Tax (GST) collections reached a six-month peak of Rs 1.87 lakh crore in October, surpassing the Rs 1.7 lakh crore mark for the eighth straight month, according to data released on Friday (Nov. 1).

November comes with key changes — from advance train ticket booking rule to money transfer guidelines

New Delhi/IBNS: Starting November 1, 2024, a series of updates will bring significant changes across India, impacting everything from financial transactions to daily services.

Jet fuel prices rise 3.3%, fourth straight hike for commercial LPG in line with global trends

New Delhi: The price of jet fuel, or aviation turbine fuel (ATF), rose by 3.3% on Friday, while commercial LPG prices used in the hospitality sector increased by Rs 62 per 19-kg cylinder, reflecting adjustments to align with global oil price trends, media report said.

Tim Cook confirms plans to open four new Apple stores in India

California/IBNS: Apple CEO Tim Cook has announced plans to open four additional Apple Stores in India, following record-breaking quarterly revenue for the third quarter of 2024.

Saudi Arabia: Piyush Goyal participates in FII, highlights critical role of international partnerships and economic diplomacy

Union Minister of Commerce and Industry Piyush Goyal successfully concluded his visit to Saudi Arabia during which he participated in the Plenary Session of the 8th Edition of Future Investment Initiative (FII).

PM Economic Advisory Council chairman Bibek Debroy passes away at 69

New Delhi/IBNS: Bibek Debroy, the chairman of the Economic Advisory Council to the Prime Minister, passed away at the age of 69 on Friday, media reports said.