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  • Business

    Rupee slips 11 paise to 73.65 against US dollar in early trade

    Mumbai: The rupee slipped 11 paise to 73.65 against the US dollar in opening trade on Friday, tracking stronger American currency overseas. At the interbank forex market, the domestic unit opened weak at 73.62 and dropped further to 73.65 against US dollar in early deals, showing a fall of 11 paise over its previous close. On Thursday, the rupee closed 4 paise up at 73.54 against...

    • 2 hrs ago
  • Business

    Sensex jumps over 200 points in early trade; Nifty tops 11,950

    Mumbai: Equity benchmark Sensex jumped over 200 points in early trade on Friday, tracking gains in index majors HDFC twins, ICICI Bank and TCS amid positive cues from global markets. The 30-share BSE index was trading 228.56 points or 0.56 per cent higher at 40,787.05, and the broader NSE Nifty rose 70.70 points or 0.59 per cent to 11,967.15. Tata Steel was the top gainer in the...

    • 3 hrs ago
  • Business

    Poco sold over 10 lakh smartphones during Flipkart's BBD sale

    New Delhi: Chinese smartphone brand Poco on Thursday said it has sold over 10 lakh smartphones in the festive sales period (from October 16 till October 21) on Flipkart. During the sale, Poco C3, Poco M2, Poco M2 Pro, Poco X2 and Poco X3 were available at discounts and 10 per cent instant cashback for SBI cardholders. "We hope to continue delighting our customers by bringing in...

    • 14 hrs ago
  • Business

    Facebook adds shopping, pricing tiers to WhatsApp Business

    New Delhi: Facebook on Thursday said it will finally start charging companies using WhatsApp for Business, as it expanded ways for its users to check out available products and make purchases right from a chat. Some 50 million businesses and 175 million people message a WhatsApp Business account every day and this move will help WhatsApp continue building a business of its own while it...

    • 14 hrs ago
  • India

    Apple ships record 8 lakh units to India in Q3

    New Delhi: Apple, which launched its online store in India last month, had a strong run in the third quarter, shipping nearly 8 lakh units in the country and registering double-digit growth, a news report said on Thursday. "Apple is finally paying attention to India," said Canalys Research Director Rushabh Doshi. The company opened a direct online store, giving it several new angles in...

    • 14 hrs ago
  • India

    Pvt sector players liable for damages to space objects: Draft Policy

    Chennai: Indian private sector players wanting to provide communication service within and outside India using a space-based asset are liable for damages caused to other space objects in outer space and its environment, states the Draft Space Based Communication Policy of India-2020 (Spacecom Policy-2020) and draft Norms, Guidelines and Procedures for implementation of...

    • 14 hrs ago
  • Business

    Cognizant to acquire Bright Wolf to propel Industrial IoT biz

    San Francisco: Information technology company Cognizant on Thursday announced to acquire Bright Wolf, a technology services provider specialising in custom Industrial Internet of Things (IIoT) solutions, for an undisclosed sum. With the close of the acquisition, Cognizant will establish its new IoT innovation lab in North Carolina in the US, with the Bright Wolf team as its core....

    • 15 hrs ago
  • Business

    Bajaj Auto net profit dips 22%

    New Delhi: Bajaj Auto on Thursday said its consolidated net profit declined by 21.62 per cent to Rs 1,193.97 crore for the quarter ended September. The two-wheeler major had posted a net profit of Rs 1,523.31 crore in the July-september period of previous fiscal. The company's revenue from operations declined to Rs 7,155.86 crore during the period under review as compared with Rs 7,707.32 crore in the...

    • 15 hrs ago
  • India

    Indian Bank Q2 net profit rises 15%

    New Delhi: State-owned Indian Bank on Thursday reported a 15 per cent rise in net profit at Rs 412.28 crore for the second quarter ended September, despite increase in provisions for bad loans. The bank's net profit in July-September quarter of 2019-20 stood at Rs 358.56 crore. The results are not strictly comparable with that of previous year's as Kolkata-based Allahabad Bank merged with Indian...

    • 15 hrs ago
  • India

    Foreign institutional investors hike stake in Reliance Industries to 25.2%

    New Delhi: Foreign institutional investors (FIIs) have raised stake in billionaire Mukesh Ambani-led Reliance Industries to a record 25.2 per cent in the quarter ended September 30, according to the company's regulatory filing. Reliance Industries (RIL) on Thursday filed a statement showing the shareholding pattern for the quarter ended September 30. The statement...

    • 17 hrs ago

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