Flipkart Internet, the marketplace arm of Walmart-owned e-commerce giant Flipkart, posted a 50% growth in its logistics segment — the largest by revenue, helping the company boost its topline and cut losses by 9% during financial year 2022-23. The arm posted a loss of Rupees 4,027 crore in FY23, slightly lower than Rupees 4,420 crore […]
Indian share market is likely to begin the week on a positive note, hinted SGX Nifty. Benchmark indices BSE Sensex and NSE Nifty may open in green as Nifty futures traded 154 pts or 0.86% higher at 18113 level on the Singapore Exchange. “This week will mark the beginning of the earnings season and the […]
Asian shares rose on Friday after Wall Street reversed losses on signals of a measured policy tightening approach from the U.S. Federal Reserve as well as on prospects of a solid economic recovery in China. Global markets have been buffeted by a raft of strong U.S. data over recent weeks, including U.S. jobless claims overnight, […]
Domestic indices ended Tuesday’s volatile session broadly in red. The Nifty settled above the crucial 17300 level while Sensex closed below 60000. Meanwhile, the banking index, Bank Nifty closed below 40,300. The top gainers on the Nifty 50 were Adani Enterprises (up 14.90%), Adani Ports (up 5.11%), Asian Paint (up 3.02%), Britannia (up 1.08%) and […]
By Shrikant Chouhan The benchmark indices corrected sharply, the Nifty 50 ended 215 points lower while the BSE Sensex was down by 703 points. On Tuesday, the market opened with a positive note but in the late afternoon it witnessed exceptional intraday sell-off. In the last two hours, the Nifty corrected over 390/1200 points. Among […]
In good news for depositors before the new year, State Bank of India (SBI) and Axis Bank have raised interest rates on fixed deposits by up to 50 basis points (bps) across various tenors. SBI has increased rates across various tenures, excluding FDs maturing within one year to less than 2 years, 2 years to […]
Following uproar over her recent visit to Shree Jagannath Temple in Puri, Youtuber Kamiya Jani on Sunday issued a clarification saying that she is a practising Hindu and has never consumed beef or promoted it. Jani, known for Curly Tales and her food blogging, addressed the issue through a video on Instagram, clarifying that she […]
By Sameet Chavan In the initial hour of the trade on Thursday, Nifty 50 slid below 18100, and then as the day progressed, the bears thrashed all key supports one after another. Due to massive sell-off in individual stocks, Nifty eventually plunged below 17900 to conclude the October expiry on a depressive note. In this […]
The Vivo X100 Pro and Redmi Note 13 Pro Plus may be poles apart, much in the same way like chalk and cheese, but they have one thing in common. Or at least they do from an India perspective. Launching on the same day, i.e. January 4 2024, the X100 Pro and Note 13 Pro […]
Karnataka Chief Minister Siddaramaiah flagged off 100 non-AC electric buses of the Bengaluru Metropolitan Transport Corporation (BMTC) and announced that the STU will induct 1,400 e-buses by April next year. The 100 buses are part of the 921 non-AC Tata e-buses being inducted under the Centre’s FAME 2 (Faster Adoption & Manufacturing of Electric Vehicles […]
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