• 

  TSC stock soars over 4 per cent as Q3 income rises 8 per cent to Rs 11,735 crore

  January 12, 2024 11:54 IST

  The stock rose by 4.21 per cent to Rs 3,893.70 on the BSE and 4.24 per cent to Rs 3,894 per share on the NSE. The company's revenue rose by 4 per cent to Rs 60,583 crore, with strong double-digit growth in emerging markets for the third quarter.

• 

  Infosys surges over 7 per cent after Q3 profit aligns with estimates 

  January 12, 2024 11:15 IST

  The second-largest IT services company in the country reported a 7.3 per cent decrease in net profit for the December quarter, citing sluggish client demand as the primary factor.

• 

  Rupee declines 4 paise to 83.05 against US dollar

  January 12, 2024 10:45 IST

  The rupee started on a weak note at 83.08, declining further to 83.10 against the dollar, eventually settling at 83.05, ending its seven-day winning streak.

• 

  Stock markets jump in early trade; Sensex gains over 700 points, Nifty above 21,780

  January 12, 2024 13:16 IST

  The 30-share BSE Sensex climbed over 700 points to 72,431.14 Meanwhile, the Nifty also surged by 141.95 points to 21,789.15.

• 

  'Nation First, Business Later': EaseMyTrip reiterates its stand to halt travel bookings to Maldives

  January 12, 2024 7:30 IST

  Amid the ongoing India-Maldives row, EaseMyTrip reiterated that all travel bookings to the Maldives have been suspended indefinitely as the nation takes precedence over profits for the company. However, the Maldivian government has distanced itself from the derogatory remarks directed at PM Modi.

• 

  Microsoft becomes world's most valuable company overtaking Apple

  January 11, 2024 21:44 IST

  Apple is trading at a forward PE of 28, well above its average of 19 over the past 10 years, according to LSEG data. Microsoft is trading around 31 times forward earnings, above its 10-year average of 24.

• 

  Food delivery platform orders surge 18 per cent to 6.50 million on New Year's Eve 2023: Report

  January 11, 2024 18:43 IST

  On New Year's Eve 2023, customers consistently placed a high volume of orders, with the peak demand observed during dinner and late-night hours.

• 

  TCS Q3 net profit rises 2 per cent to Rs 11,058 crore, revenue surges 4 per cent YoY

  January 11, 2024 17:32 IST

  The board of the IT services company has also approved a dividend of Rs 27 per share, including a special dividend of Rs 18 for the financial year 2023-2024.

• 

  Infosys Q3 profit declines 7.3 per cent YoY to Rs 6,106 crore

  January 11, 2024 17:23 IST

  Infosys posted a 1.3 per cent year-on-year increase in revenue for the quarter, reaching Rs 38,821 crore compared to Rs 38,318 crore in the same quarter last year.

• 

  Sensex rises 0.09 per cent, Nifty settles 0.13 per cent higher

  January 11, 2024 16:20 IST

  Investor sentiment was impacted by the upcoming release of US inflation data and domestic macroeconomic figures, leading to a cautious approach in the market.

• 

  Companies in India will be able to access global funds with direct listing on IFSC exchanges: FM

  January 11, 2024 16:08 IST

  Addressing an event at Gujarat's GIFT city, Finance Minister Nirmala Sitharaman said that companies in India will be able to access global funds directly after direct listing of IFSC listings.

• 

  Netflix India FY23 revenue surges 24 per cent YoY to Rs 2,214 crore

  January 11, 2024 15:46 IST

  The growth in both revenue and net profit comes amid Netflix's decision to reduce the price of its subscription plans in December 2021, leading to enhanced customer engagement and increased subscriber numbers in the calendar year 2022.

• 

  Government plans to trim budget gap by 50 bps, increase capital spending by 20 per cent in FY25

  January 11, 2024 15:00 IST

  The proposal to trim the fiscal deficit by 50 basis points is currently being discussed, along with other potential scenarios for the upcoming budget year starting in April, as per government sources.

• 

  Maxposure IPO to open for subscription on January 15. Here's all you need to know

  January 11, 2024 14:56 IST

  Maxposure has set the price band for the offering at Rs 31 to Rs 33 per share, with a face value of Rs 10 per share, with the book-built issue amounting to Rs 20.26 crore and comprising an entirely fresh issue of 61.4 lakh shares.

• 

  What is good for another market need not be good for us: RBI Governor Shaktikanta Das

  January 11, 2024 14:01 IST

  The governor's comments were made in response to the recent approval by the US Securities and Exchange Commission for the creation of bitcoin exchange-traded funds (ETFs) in the United States.

• 

  Amazon's Twitch trims over 500 jobs to turn platform profitable

  January 11, 2024 11:42 IST

  Last month, Twitch, headquartered in San Francisco, exited the South Korean market amid high costs associated with network fees.

• 

  Stock markets update: Sensex surges 342 points, Nifty up by 108 points to 21,726 in early trade

  January 11, 2024 11:15 IST

  Stock markets update: In the early trade, the 30-share BSE Sensex climbed 341.76 points to 71,999.47. Meanwhile, the Nifty was also up by 107.8 points to 21,726.50 points.

• 

  SpiceJet to soon start flights to Lakshadweep, Ayodhya, says CEO Ajay Singh

  January 10, 2024 21:29 IST

  SpiceJet's decision to start flights to Lakshadweep and Ayodhya came at a time when both cities drew people's attention. The newly-built historic Ram temple is drawing numerous people in Ayodhya, while Lakshadweep is getting huge support from people due to the Maldives row.

• 

  Late surge lifts Sensex by 270 points; RIL, ICICI Bank lead the rally

  January 10, 2024 17:19 IST

  In a notable reversal, India's benchmark indices, Sensex and Nifty, rallied in the closing hours on Wednesday, driven by substantial buying in major players like Reliance Industries, ICICI Bank, and HDFC Bank.

• 

  Ram temple inauguration: Radisson Group announces opening of hotel in Ayodhya

  January 10, 2024 14:49 IST

  The 80-key hotel, Park Inn by Radisson Ayodhya, offers proximity to notable landmarks such as the Ram Janmabhoomi Temple among others. Ayodhya is getting decked up for the consecration ceremony at the temple on January 22 and Prime Minister Narendra Modi will attend it.

• 

  PM Modi at Vibrant Gujarat Global Summit 2024: 'We've to make India developed country by 2047'

  January 10, 2024 23:10 IST

  Prime Minister Narendra Modi also said that the world looks at India as an important pillar of stability.

• 

  Gautam Adani vows to invest Rs 2 lakh crore, create over 1 lakh jobs in Gujarat in next 5 years

  January 10, 2024 12:18 IST

  The billionaire also outlined how Adani Group's visionary investment strategy is strategically positioning the conglomerate as a pivotal player in India's shift towards a cleaner and more sustainable energy future.

• 

  Stock markets open in red with Sensex down by over 80 points amid weak global cues

  January 10, 2024 10:38 IST

  The 30-share BSE Sensex dropped 81.35 points to 71,304.86 in early trade. Meanwhile, the Nifty fell by 27 points to 21,517.85.

• 

  India, Sri Lanka discuss UPI payment system's early launch

  January 09, 2024 22:55 IST

  PM Narendra Modi and Sri Lankan President Ranil Wickremesinghe signed an agreement in 2023 on Unified Payments Interface acceptance in Sri Lanka during Wickremesinghe's two-day visit to India.

• 

  GIFT City poised to become one of the world's premier international financial centres: Gujarat CM

  January 09, 2024 17:05 IST

  The chief minister mentioned plans for infrastructure expansion, projecting a land area of around 3,400 acres, and the development of a riverfront featuring international-level retail, recreation, and entertainment zones.

• 

  Airlines complete inspection of 40 B737 Max planes for loose hardware, says DGCA

  January 09, 2024 17:03 IST

  Boeing had advised a one-time inspection of all Boeing 737 Max aircraft before January 10, following information received about a missing nut and washer in the Aft Rudder Quadrant of one of these planes.

• 

  Additional 6.4 crore homes required by 2036 due to population growth: Report 

  January 09, 2024 17:03 IST

  Housing demand remained robust, with over 19,050 RERA registrations observed nationwide, primarily dominated by 45 per cent of projects falling within the residential segment, said the report.

• 

  White collar hiring falls 16 per cent in December amid cautious recruitment in IT, other sectors

  January 09, 2024 17:00 IST

  The IT sector mirrored trends seen in the latter half of 2023, with a 21 per cent fall in December compared to the same month in the previous year and a 4 per cent drop from November 2023.