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Sensex, Nifty trade flat as Titan, bank stocks top losers

Jul 8, 2024

Mumbai, July 8 (IANS) Benchmark equity indices on Monday snapped their three-day winning streak and traded flat in the morning hours. At pre-open, Nifty was flat at 24329.45 and the Sensex was lower by 0.1 per cent at 79915.00.Shares of Titan Co fell nearly 4 per cent after it reported subdued growth in the sales of its jewellery segment.Except…

LG Energy Solution’s operating profit plunges 58 pc as EV sales slip

Jul 8, 2024

Seoul, July 8 (IANS) LG Energy Solution Ltd (LGES), South Korea's leading battery maker, said on Monday its second-quarter operating profit plunged 58 per cent from a year earlier due to slowing sales of electric vehicles.Operating profit…

Business

Will fight Apple over ‘arbitrary’ changes: Epic Games CEO

Jul 8, 2024

San Francisco, July 7 (IANS) The fight between Apple and Epic Games is not over yet and now, Epic Games Founder and CEO Tim Sweeney has said that the App Store owner's EU Digital Markets Act (DMA) saga "has taken a turn towards the…

Business

SEBI notice says Hindenburg shared Adani report with client 2 months before publishing

Jul 8, 2024

Mumbai, July 7 (IANS) Markets regulator Securities and Exchange Board of India (SEBI), in its 46-page show-cause notice to Hindenburg Research, has detailed how the US short-seller shared an advance copy of its critical report on the Adani…

Business

First Airbus A320 Neo aircraft for Air India arrives in New Delhi

Jul 7, 2024

New Delhi, July 7 (IANS) Air India on Sunday welcomed its first narrow-body aircraft - Airbus A320neo, which landed at the Indira Gandhi International Airport from the Airbus facility in Toulouse, France. The A320neo aircraft joining the…

Business

India’s security market expected to exceed $15 bn by 2029: Industry experts

Jul 7, 2024

New Delhi, July 7 (IANS) India's security market, with biometrics and surveillance emerging as major segments, is predicted to surpass $15 billion by 2029, industry officials said.Speaking at the Security and Fire Expo organised by Informa…

Business

Unionised workers at Samsung to stage 3-day strike in S. Korea this week

Jul 7, 2024

Seoul, July 7 (IANS) Unionised workers of Samsung Electronics are set to stage a three-day general strike this week in South Korea as their negotiations with the management over wages and working conditions fell through. The National…

Business

Small firms record sharp rise in digital transactions

Jul 7, 2024

New Delhi, July 7 (IANS) The use of internet for entrepreneurial purposes such as taking and placing orders online, carrying out transactions online or using UPIs by unincorporated enterprises has increased to 13.5 per cent from 7.7 in…

Business

Momentum with bulls, but bears are on the prowl

Jul 7, 2024

New Delhi, July 7 (IANS) Markets continued their upward trajectory and added to their gains. At one point in time, BSE SENSEX had crossed 80,000 and registered gains of 10,000 points since the low made on June 4, when results for the…

Business

India has talent, expertise to be a global leader in semiconductor industry: MeitY Secy

Jul 7, 2024

New Delhi, July 7 (IANS) Ministry of Electronics and Information Technology (MeitY) Secretary S Krishnan said that India has the talent and deep expertise to be a global player in the semiconductor industry, an important sector for the…

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