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Ericsson India sales jump nearly 4 times
WHILE GLOBAL COMMUNICATIONS service provider Ericsson reported an overall weak earnings performance in the July-September quarter, the company in India witnessed nearly a four-fold increase in sales year-on-year (y-o-y).
Tata Motors looking at 50% EV portfolio
TATA MOTORS ON Tuesday announced that it is working toward achieving the aspirational target of having 50% of its total automobile sales as electric vehicles (EVS) by 2030.
Vedanta scouting Japanese partners for chip business
ANIL AGARWAL-LED VEDANTA is looking to partner with Japanese companies for its semiconductor and display glass manufacturing business in India.
Invesco marks up Swiggy valuation to $7.85 billion
This comes after two back-to-back cuts by the US fund manager
Licence fee: Telcos may file plea in SC
HIT BY AN adverse order on the treatment of licence fee, telecom operators are likely to file a review petition in the Supreme Court. The plea will be on on the lines of the adjusted gross revenue (AGR) matter, where they were hit by an adverse ruling in October 2019.
Mandi prices of pulses, cotton rule above MSP
PRICES OF SEVERAL kharif crops - cotton, tur, groundnut, maize and moong, whose arrivals have commenced are currently ruling above Minimum Support Price (MSP) by 4.5-43% at various agricultural produce marketing committee (APMC) yards across the country.
'Rural workers' Q1 wages growth quickest in 5 years'
Modest growth in casual worker pay
OMCS to register a weak Q2
Sequential rise in refining margins may have provided a cushion
H1 highway construction in the slow lane
THE PACE OF highway construction fell sharply in September with only 371 km of stretches completed during the month which is much lower than the average of 639 km a month in the April-August period.
Rise in debt & guarantees a concern for states: Icra
'Capex by 13 states reviewed to rise 29% in FY24'
India to spend ₹143 trn on infra by 2030: Crisil
Report calls for tweaks in pay-offs and risk-sharing
'Our network will be 35% bigger by December-end'
OUR INVESTORS GAVE US CERTAIN MONEY TO SET UP THE AIRLINE, BUT WE HAVEN'T SPENT EVEN ONE RUPEE OF THAT
Capital infusion in OMCs set for a cut
THE CAPITAL INFUSION plan for state-run oil marketing companies (OMCs) may turn out to be much lower than the budgeted level of ₹30,000 crore in the current fiscal.
Cricket reaches Olympics, via IPL
AS CRICKET CHARTED its way back into the Olympic fold after more than 120 years, it had one major reference point: the Indian Premier League (IPL).
YouTube says no child sexual abuse material on platform
IN RESPONSE TO the government's notice on removal of child sexual abuse material (CSAM), YouTube on Monday said it has not detected any such content on its platform after thorough investigations.
100-140 soldiers died by suicide every year since 2001: Army
BETWEEN 100 AND 140 soldiers have died ever year of \"suicide/self-inflicted injuries\" since 2001, the Indian Army said on Tuesday night, adding that \"military funeral in such cases was not accorded\".
SC rejects woman's plea to terminate 26-week pregnancy
THE SUPREME COURT on Monday declined permission to a married woman to terminate her over 26-week pregnancy, saying the AIIMS medical board had found \"no substantial foetal abnormalities\" and a pre-term delivery carried the risk of being born with physical and mental deformities.
May make AAP accused in excise policy case: ED
Contemplating invoking PMLA to probe vicarious liability: ED to SC
India to skip BRI summit again
This year marks the completion of 10 years of the event
PV sales race to record high
Cross 2-million mark in H1 of any fiscal for the first time
India-Canada tensions unlikely to hit education loan NBFCs: Report
THE TENSIONS BETWEEN India and Canada are less likely to impact the assets under management of education loan nonbanking financial companies (NBFCs), CareEdge Ratings said in a report on Monday.
Dmart: More expansion plans in store
General merchandise and apparel segment facing challenges
After password crackdown, Netflix may hike price
NETFLIX'S CRACKDOWN ON password-sharing likely boosted subscribers by about 6 million in the third quarter and the streaming pioneer is expected to set the stage for price increases when it reports earnings on Wednesday.
Higher interest rates may stay; economy in good place: Yellen
TREASURY SECRETARY JANET Yellen said higher interest rates may persist, while insisting the US economy is \"in a good place.\"
Ceasefire plans stall as strike escalates
The past week has already seen the deadliest clashes since 2006
ISRAEL STEPS UP GAZA OFFENSIVE
In a speech to parliament, PM Benjamin Netanyahu said Israelis should prepare for a long battle
Gold ETFs maintain shine despite September slip
Remain a safe haven on inflation, West Asia conflict, say experts
'Fintechs face asset quality risks on high share of unsecured loans'
A HIGHER SHARE of unsecured personal loans poses a greater asset quality risk to fintechs as these entities run businesses at high operating costs, which make it difficult for them to absorb credit losses, say experts.
BOM Q2 profit surges 72% on higher interest income
BANK OF MAHARASHTRA (BOM) on Monday reported a 71.90% year-on-year (y-o-y) growth in its net profit to ₹920 crore for the JulySeptember quarter, led by a 23.55% growth in advances, a 28.88% rise in net interest income to ₹2,432 crore and an improvement in net interest margin to 3.89%.
Federal Bank Q2 net profit rises on strong NII growth
PRIVATE SECTOR LENDER Federal Bank on Monday announced a 36% year-on-year increase in its net profit to ₹953.8 crore for the second quarter of the current financial year, driven by a healthy growth in net interest income and an improvement in asset quality.