Browsing Category

Business

Business & economy, industries, companies, technologies and MNCs – News

Midcap and small cap funds accounted for 87 pc of flows in FY24

Mar 17, 2024

New Delhi, March 17 (IANS) Mid and small cap funds accounted for 59 per cent of assets under management (AUM) and 87 per cent of flows in FY24, global brokerage firm Jefferies said.Midcap and Small Cap index outperformed Nifty by 28 percentage points and 34 percentage points respectively in FYTD24 (i.e. Since April, 2023) driven by strong inflows…

Market volatility may lead to more correction in coming week

Mar 17, 2024

New Delhi, March 17 (IANS) The week gone by was extremely volatile and choppy. We began with a correction. Then a corrective up move, followed by a sharp correction, yet another corrective up move and then yet another correction. Though…

Business

Hyundai Motor, Kia’s sells 5mn eco-friendly cars globally: Report

Mar 17, 2024

Seoul, March 17 (IANS) South Korea's biggest carmakers Hyundai Motor and Kia have sold more than an accumulated 5 million eco-friendly vehicles in the global market over the past 15 years, company officials said on Sunday. The officials…

Business

S.Korean conglomerate workers earn more than Japanese: Report

Mar 17, 2024

Seoul, March 17 (IANS) The average wage of South Korean workers at conglomerates surpassed that of Japanese workers for the first time in 2022, according to a report on Sunday. The report by the Korea Enterprises Federation (KEF) revealed…

Business

Mid and small caps correction led by selling from leverage-based retail investors

Mar 17, 2024

New Delhi, March 17 (IANS) After touching a new high, the domestic market witnessed a correction due to concerns over the broader market valuation and increase in volatility, says Vinod Nair, Head of Research, Geojit Financial Services.The…

Business

1,000 startups, 5,000 budding entrepreneurs at 3-day ‘Startup Mahakumbh’

Mar 17, 2024

New Delhi, March 17 (IANS) Over 1,000 startups, more than 1,000 investors, 5,000 future entrepreneurs and 40,000 business visitors are set to participate in 'Startup Mahakumbh' being organised at Bharat Mandapam and India Trade Promotion…

Business

Can LinkedIn be a gaming platform? Company thinks so

Mar 17, 2024

New Delhi, March 17 (IANS) As mainstream internet and streaming platforms like Netflix embrace gaming, Microsoft-owned professional networking company LinkedIn is also reportedly planning to foray into the booming market.LinkedIn, which now…

Business

UP GST Dept conducts searches at Greenply Industries subsidiary unit

Mar 17, 2024

New Delhi, March 16 (IANS) The Uttar Pradesh Goods and Services Tax (GST) Department conducted a search operation on Friday and Saturday at a unit of Greenply Sandila Private Limited, a subsidiary of Greenply Industries, in Hardoi. The…

Business

Digitisation key reason for getting more bus bookings from non-metros: redBus CEO

Mar 16, 2024

New Delhi, March 16 (IANS) As the bus market is picking up and evolving in India, online bus ticketing platform redBus CEO Prakash Sangam on Saturday said that digitisation has played a major role in getting more bus bookings from non-metro…

Business

Centre sanctions Rs 127 crore for setting up 12 educational institutes in K’taka

Mar 16, 2024

New Delhi, March 16 (IANS) The Ministry of Minority Affairs announced on Saturday that it has taken a significant stride for the development of educational infrastructure in Karnataka by allocating Rs. 127.23 crore for setting up 12…