INDIAN BUSINESS NEWS2284 Videos

Net profit rises 18% to Rs 2.6 crore

Nazara Technologies, on Tuesday, posted a consolidated net profit of Rs 2.6 crore for the March quarter. This is 18 per cent rise from Rs 2.2 crore a year ago, the company statement said.The company’s consolidated revenue from operation rose by 65 per cent to Rs 289 crore for the March quarter as compared to […]

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May 9, 2023

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At 1.1%, India is far behind Asian average of 17.3%

India has to push the pedal harder if it wants to be a significant player in the Asian electric vehicle (EV) and supply chain sweepstakes. According to research from S&P Global Ratings, the EV penetration rate (EV sales as a percentage of total light vehicle sales, including passenger vehicles and light commercial vehicles) in […]

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May 18, 2023

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Investment from Mauritius, Singapore in start-ups will attract angel tax

Investment from countries such as Mauritius, Singapore, and the Netherlands in unlisted Indian start-ups will attract angel tax. The government has notified the list of “specified jurisdictions” featuring 21 nations, including the US, the UK, Australia, and Germany, which will be eligible for immunity from the new tax. However, countries such as Singapore, Ireland, […]

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May 26, 2023

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PM Modi inspects Odisha train accident site, takes stock of situation

PM Modi inspects Odisha train accident site Prime Minister Narendra Modi on Saturday inspected the triple train accident site at Bahanaga in Odisha’s Balasore district to take stock of relief and restoration operations. He was accompanied by Railway Minister Ashwini Vaishnaw, and Union Education Minister Dharmendra Pradhan and was briefed on the situation […]

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June 3, 2023

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Personal data of Covid vaccine recipients leaked on Telegram

How can you protect your bank account from cyber attacks? Indian Railways denies IRCTC data breach but launches investigation People rush back to vaccination centres as Covid-19 scare resurfaces 829 mn cyber attacks blocked; 59% of targeted websites in India: Indusface No reason to worry about new Covid variant Kraken in India yet: Experts realme […]

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June 12, 2023

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Sensex up 150 pts, Nifty tests 18,850; Lupin, VIL jump 6%

Stock market LIVE updates on June 21, 2023: The Nifty50, meanwhile, hit an intra-day high of 18,876, barely 12 points away from the record high of 18,887.6 Stock market LIVE updates: The S&P BSE Sensex hit its fresh all-time high of 63,588 level in the intra-day trade on Wednesday, rising 250 points on the […]

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June 21, 2023

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Sebi finalising draft discussion paper over guidelines for ‘finfluencers’

Market watchdog Sebi will be finalising a draft discussion paper in a month or two to formulate rules and guidelines to regulate the mushrooming number of unregistered financial influencers or finfluencers who offer investment advice to the public. The statement from Sebi chairperson Madhabi Puri Buch comes on the heels of the income […]

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June 29, 2023

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Weak climate resilience leaves 75% Indian districts prone to extreme events

While 2020 will be remembered as one of the darkest years of the 21st century owing to an uncontrolled virus-borne pandemic, extreme climatic events have made their presence felt as well. Severe floods, repeated cyclones, and extreme droughts dominated the year, hinting at major climatic shifts in and around the Indian subcontinent. […]

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December 11, 2020

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Govt must indemnify vaccine makers against all lawsuits: Adar Poonawalla

Vaccine manufacturers need to have protection against all lawsuits for their vaccines especially during a pandemic, Serum Institute of India (SII) Chief Executive Officer Adar Poonawalla has said. He also said that the vaccine makers are going to propose this to the government, while speaking at a virtual panel on […]

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December 19, 2020

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Ant turning from windfall to nightmare for its global investors

Two months ago, global investors were on the cusp of embracing a windfall from what would have been the world’s largest initial public offering. Now, returns on the hundreds of millions of dollars invested with Ant Group Co. are in jeopardy. China ordered Ant to reexamine its fintech businesses — […]

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December 27, 2020

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Slack starts New Year with an outage, disrupting remote work for users

Workplace messaging app Slack Technologies Inc said that users were facing connectivity issues with the platform on Monday, disrupting remote working as the new year begins. As of 10:44 a.m. ET, the company said it was investigating the issue and would follow up in 30 minutes. More than 15,000 users […]

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January 4, 2021

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Oil hits 11-month high near $57 a barrel on tight supply expectations

Oil hit an 11-month high just below $57 a barrel on Tuesday, bolstered by Saudi Arabia’s plans to limit supply, offsetting worries that rising coronavirus cases globally would curtail fuel demand. Brent crude was up 90 cents, or 1.6%, at $56.56 a barrel by 1118 EST (1618 GMT) after touching […]

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January 13, 2021

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