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Sustained buying by domestic funds eclipsed FII selling

Feb 26, 2024

New Delhi, Feb 26 (IANS) Sustained buying by DIIs at Rs 21700 crore in February so far supported by HNIs and retail investors has completely eclipsed the FII selling, says V K Vijayakumar, Chief Investment Strategist, Geojit Financial Services.FIIs have lost in this tug of war with DIIs since the market has been scaling new highs despite FII…

realme’s 12 Pro+ takes the lead as top camera smartphone on Flipkart in its segment

Feb 26, 2024

New Delhi, Feb 26 (IANS) The success of realme's 12 Pro series 5G, unveiled earlier this year, is undisputed and has significantly boosted the brand's reputation as its top-tier release for the year. The smartphones have been met with an…

Business

Hyundai, Kia’s overseas car production tops 3.68 mn units in 2023

Feb 26, 2024

Seoul, Feb 26 (IANS) The combined overseas production of Hyundai Motor and Kia, including in India, surpassed 3.68 million units in 2023, setting the biggest offshore output since the outbreak of the Covid-19 pandemic, data showed on…

Business

Regulations enabled India to be global benchmark in fintech: Razorpay’s Harshil Mathur

Feb 26, 2024

New Delhi, Feb 26 (IANS) Regulations in the fintech industry have enabled India to become a global benchmark in fintech and unified payments interface (UPI)-based services are one such example, Harshil Mathur, CEO of full-stack financial…

Business

PM Modi to inaugurate Bharat Tex 2024, one of largest-ever global textile events in country

Feb 26, 2024

New Delhi, Feb 26 (IANS) Prime Minister Narendra Modi will inaugurate Bharat Tex - 2024, one of the largest-ever global textile events to be organised in the country, at Delhi's Bharat Mandapam on Monday.Taking to social media, PM Modi…

Business

India’s poverty level has fallen below 5%: NITI Aayog CEO

Feb 26, 2024

New Delhi, Feb 26 (IANS) The latest household consumer expenditure survey indicates that India's poverty level has fallen below 5 per cent and people are becoming more prosperous both in the rural and urban areas, NITI Aayog CEO B.V.R.…

Business

Shree Cement receives Income Tax demand of Rs 261 crore

Feb 26, 2024

New Delhi, Feb 25 (IANS) Shree Cement has received an assessment order against the demand of Rs 261.88 crore from the Income Tax department.The company has received assessment order on February 24 passed under section 143(3) of Income Tax…

Business

Vietnam’s EV firm Vinfast breaks ground for its facility in India

Feb 25, 2024

New Delhi, Feb 25 (IANS) Vietnam's leading electric vehicle (EV) manufacturer VinFast on Sunday broke ground for its first integrated EV manufacturing facility in India. The company will be setting up the plant in Thoothukudi, Tamil…

Business

NIFTY scales new heights, expect Sensex to follow this time around

Feb 25, 2024

Mumbai, Feb 25 (IANS) Markets were on a roll last week and even though there was extreme volatility, they continued their upward march. NIFTY has made a new high this week effectively on every trading session. However, the BSESENSEX has…

Business

TN CM lays foundation stone for VinFast’s Rs 4,000-cr EV factory

Feb 25, 2024

Chennai, Feb 25 (IANS) Tamil Nadu Chief Minister M.K. Stalin on Sunday laid the foundation stone for the first phase of Vietnam's VinFast group’s electric vehicle (EV) plant in Tuticorin. The Vietnam group’s Indian arm VinFast Auto India…

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