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Equity investors realised Rs 50,000 crore in profit in last 4 years: Zerodha CEO

Jun 11, 2024

New Delhi, June 11 (IANS) Equity investors at online stock brokerage firm Zerodha have realised Rs 50,000 crore in profit in the last four years or so, while a whopping Rs 1 lakh crore worth of money is left unrealised on the platform, its Co-founder and CEO Nithin Kamath said on Tuesday. “Equity investors @zerodhaonline have realised a profit of…

FM Sitharaman on strong wicket as Modi 3.0 gears up to present full budget

Jun 11, 2024

New Delhi, June 11 (IANS) Prime Minister Narendra Modi has sent a clear message of continuity in the government’s economic policy with the re-appointment of Nirmala Sitharaman as Finance Minister.Sitharaman’s return comes on the back of a…

Business

Zomato infuses Rs 300 cr in Blinkit, puts Rs 100 cr in entertainment arm

Jun 11, 2024

New Delhi, June 11 (IANS) Online food delivery platform Zomato has invested Rs 300 crore in its quick commerce arm, Blinkit, as this segment is projected to surpass its core food delivery business. The board of the company has approved the…

Business

Sensex ends flat amid volatility in markets

Jun 11, 2024

Mumbai, June 11 (IANS) Indian equity markets closed flat on Tuesday amid volatility in the markets. At closing, Sensex was at 76,456 down 33 points and Nifty was up 5 points at 23,264.Midcap and smallcap stocks outperformed the largecaps.…

Business

Digital Competition Bill: IT Ministry to meet industry stakeholders to discuss concerns

Jun 11, 2024

New Delhi, June 11 (IANS) As the new government takes charge, the IT Ministry has called industry players and key stakeholders to discuss their concerns and suggestions regarding the Digital Competition Bill that aims to tackle the monopoly…

Business

Committed to advancing renewable energy initiatives to meet rising demands: Minister Pralhad Joshi

Jun 11, 2024

New Delhi, June 11 (IANS) The government is committed to advancing renewable energy initiatives to meet the country’s rising energy demands and environmental goals, Pralhad Joshi, Union Minister for New and Renewable Energy and Consumer…

Business

Determined to meet PM Modi’s expectations for vision of ‘Viksit Bharat’: Ashwini…

Jun 11, 2024

New Delhi, June 11 (IANS) Ashwini Vaishnaw, who assumed charge as Minister of Railways, Minister of Information and Broadcasting, and Minister of Electronics and Information Technology, on Tuesday said that he is determined to meet Prime…

Business

India has potential to create over 10 crore new jobs by 2030: PHDCCI

Jun 11, 2024

New Delhi, June 11 (IANS) India holds the potential to create more than 10 crore new jobs by 2030, as the economy is likely to add $3.3 trillion to the GDP by the same time frame, industry body PHD Chamber of Commerce and Industry (PHDCCI)…

Business

India sees 2-fold surge in open-access solar installations in Q1 this year

Jun 11, 2024

New Delhi, June 11 (IANS) As the adoption of renewable energy gains steam in India to offset the negative impact of climate change, India saw a two-fold surge in open-access solar installations to 1.8 gigawatts (GW) in the first quarter…

Business

Samsung, labour union to resume wage talks this week

Jun 11, 2024

Seoul, June 11 (IANS) Unionised workers of Samsung Electronics have decided to resume talks with the company later this week, about two weeks after wage negotiations broke down, industry sources said on Tuesday.Samsung and representatives…

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