Aadit Palicha, co-founder of Zepto, on Monday speaking at NDTV World Summit 2024 – The India Century, shared insights into the rapid success of the startup, now valued at over $5 billion. Reflecting on his journey, he noted that his decision to drop out of college sounds like a cliche Silicon Valley story. However, before … Read more
The Indian stock market closed in red on Monday as IT and PSU banks remained under pressure at the end of trading. The BSE Sensex closed at 81,151.27 after slipping 73.48 points or 0.09 per cent. At the same time, the NSE Nifty closed at 24,781.10 after falling 72.95 points or 0.29 per cent. … Read more
UCO Bank is currently trading at Rs. 46.33, up by 0.68 points or 1.49% from its previous closing of Rs. 45.65 on the BSE. The scrip opened at Rs. 47.70 and has touched a high and low of Rs. 48.40 and Rs. 46.20 respectively. So far 1134615 shares were traded on the counter. The BSE … Read more
Institutional investments in India's real estate sector witnessed an annual growth of 41 per cent in Q3 2024, reaching $0.96 billion. However, it sharply declined from the $3.1 billion record investments received in the previous quarter, according to a report. A Vestian Research report said that despite this significant quarterly decline of 69 per cent, … Read more
Indian apparel exporters are estimated to see a 9-11 per cent revenue growth in FY25, benefitting from the gradual liquidation of retail inventory in the key end markets and a shift in global sourcing to the country, a part of the de-risking strategy adopted by several customers, a report showed on Monday. With the revival … Read more
Karnataka continues to drive India’s economic progress, registering a robust GSDP growth of 10.2 per cent in FY 2023-24, significantly surpassing the national average of 8.2 per cent, the Chief Minister's Office said in a statement on Monday. The CMO's media release quoted data from the Union Ministry of Statistics and Programme Implementation (MoSPI). The … Read more
India has become a place where you produce locally, use locally and even export locally, Sunil Bharti Mittal, who heads India’s second largest telecom firm Bharti Airtel, said here on Monday, adding that a lot of companies from the country are now emerging on the global stage. India currently provides high-quality mobile signals to 95 … Read more
Wipro is currently trading at Rs. 552.75, up by 4.05 points or 0.74% from its previous closing of Rs. 548.70 on the BSE. The scrip opened at Rs. 554.85 and has touched a high and low of Rs. 561.85 and Rs. 551.50 respectively. So far 1076516 shares were traded on the counter. The BSE group … Read more
Indian rupee was trading flat against the US dollar on Monday amidst weak domestic equities tracking persistent foreign fund outflows and an upward momentum in the crude oil prices. Foreign institutional investors were net sellers in the capital markets on Friday, as they offloaded shares worth Rs 5,485.70 crore, exchange data showed. India’s forex reserves … Read more
Sudan and South Sudan stressed the need to address the obstacles facing the resumption of South Sudan's oil exports via the Sudanese territory. This came after Chairman of Sudan's Transitional Sovereign Council and General Commander of the Sudanese Armed Forces (SAF) Abdel Fattah Al-Burhan met on Sunday with South Sudan's Presidential Advisor on National Security … Read more