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).
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.
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.