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Websites of top crypto exchanges like Binance, Kucoin blocked in India

Jan 13, 2024

New Delhi, Jan 13 (IANS) The websites of some top global cryptocurrency exchanges like Binance, Kucoin, OKX, among others, were blocked in India on January 12.This comes after the government sent show-cause notices to these crypto exchanges for not complying with the country's money laundering laws.On December 28 last year, a show-cause notice was…

Xiaomi crosses Rs 1,000-cr sales for Redmi Note 13 5G series in India

Jan 13, 2024

New Delhi, Jan 13 (IANS) Global technology brand Xiaomi India has said that its latest Redmi Note 13 series clocked a revenue of Rs 1,000 crore since going on sale on January 10. The latest series surpassed Redmi Note 12 5G series revenue…

Business

Wipro ADR jumps 17% after quarterly results

Jan 13, 2024

New Delhi, Jan 13 (IANS) Wipro ADR jumped almost 17 per cent after the company declared quarterly results for the quarter ending December 2023.Wipro ADR traded at $6.28, up 16.95 per cent on Friday.Gross revenue reached Rs 222.1 billion, a…

Business

India urges US to restore GSP status for duty-free exports

Jan 13, 2024

New Delhi, Jan 13 (IANS) India has requested the US to restore its status under the Generalized System of Preferences (GSP) program which was scrapped by the former Donald Trump administration in 2019.The issue came up at the India-US Trade…

Business

Next-gen electric vehicles set to redefine future of sustainable mobility

Jan 13, 2024

New Delhi, Jan 13 (IANS) The Consumer Electronics Show (CES) 2024, held annually in Las Vegas, has once again pushed the boundaries of electric vehicle (EV) innovation and this year, EVs have taken another leap with an array of…

Business

FPI inflows slowed down in Jan

Jan 13, 2024

New Delhi, Jan 13 (IANS)The surge in FPI inflows during December 2023 which stood at Rs 58,372 crore, slowed down in early January 2024, says V.K. Vijayakumar, Chief Investment Strategist at Geojit Financial Services.As per NSDL data, total…

Business

Elista aims to reach Rs 500 cr in India revenue, ramps up investments, manufacturing

Jan 13, 2024

New Delhi, Jan 13 (IANS) In order to solidify its presence in the Indian consumer electronics market, leading brand Elista on Saturday said it aims to reach domestic revenue of Rs 500 crore by the end of 2025 while continuing to invest in…

Business

BHEL bags Rs 15,000 cr EPC contract from NLC India for Odisha project

Jan 13, 2024

Chennai, Jan 13 (IANS) Integrated lignite and coal mining and power generation company NLC India Ltd has awarded over Rs 15,000 crore engineering, procurement and construction (EPC) contract to Bharat Heavy Electricals Ltd (BHEL) for…

Business

FAA to keep Boeing 737 MAX 9 grounded till further notice

Jan 13, 2024

Washington, Jan 13 (IANS) The US Federal Aviation Administration (FAA) announced that it will keep Boeing 737-9 MAX grounded for the safety of travellers until extensive inspection and maintenance are conducted and data from inspections is…

Business

Citigroup to cut 20,000 jobs in big corporate overhaul

Jan 13, 2024

New York, Jan 13 (IANS) Global banking major Citigroup will reduce 10 per cent of its workforce, or about 20,000 employees, in the next two years in a major corporate overhaul.About 20,000 employees will be let go over the "medium term",…

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