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Sensex, Nifty in free fall as counting enters crucial phase

Jun 4, 2024

New Delhi, June 4 (IANS) The Indian indices went into a free fall on Tuesday with all the sectoral indices led by PSUs trading in deep red, as counting of votes for the Lok Sabha elections entered a crucial phase.While the Sensex shed nearly 6,000 points, about 8 per cent, to reach 70,397, the Nifty plunged 8.5 per cent, or nearly 2,000 points, to…

MediaTek joins Arm Total Design to accelerate AI innovation

Jun 4, 2024

New Delhi, June 4 (IANS) Chipmaker MediaTek on Tuesday announced that it has joined Arm Total Design, an ecosystem that aims to accelerate and simplify the development of products based on Arm Neoverse Compute Subsystems (CSS). Arm Neoverse…

Business

Rs 26 lakh crore investor wealth erased after Sensex tanks 3,690 points

Jun 4, 2024

Mumbai, June 4 (IANS) Indian equity indices saw a steep fall on Tuesday after early counting trends showed a tough contest between the NDA and the opposition INDIA bloc in the Lok Sabha elections.Investors lost nearly Rs 26 lakh crore due…

Business

Sensex, Nifty open 2 per cent down on counting day

Jun 4, 2024

Mumbai, June 4 (IANS) Sensex went down over 1,500 points on Tuesday as the Nifty dropped more than 500 points amid early trends on Lok Sabha elections counting day.The Sensex opened 1,544.14 points, or 2.02 per cent, down at 74,924.64,…

Business

Microsoft, KT to jointly develop AI, cloud technologies

Jun 4, 2024

Seoul, June 4 (IANS) KT Corp, a South Korean telecom company, said on Tuesday it will join hands with US technology giant Microsoft to develop the local artificial intelligence (AI) and cloud computing industries.Under the partnership, the…

Business

Indian stocks on US exchanges surge as Exit Polls indicate big win for BJP

Jun 4, 2024

New York, June 4 (IANS) The surge in stock prices in India fueled by the Exit Polls showing a big win for the BJP has carried on to the stocks of Indian companies trading in the US.Of the 11 Indian company stocks trading as American…

Business

Coal production up over 10 per cent in May: Ministry

Jun 4, 2024

New Delhi, June 3 (IANS) India's coal production reached 83.91 million tonnes (MT) in May, a growth of 10.15 per cent compared to the corresponding period of the previous year's 76.18 MT, the Centre said on Monday. Coal India Limited (CIL)…

Business

Adani One, ICICI Bank launch India’s 1st credit cards with airport-linked benefits

Jun 4, 2024

Ahmedabad, June 3 (IANS) Marking its maiden venture in the financial sector, Adani One on Monday introduced India's first co-branded credit cards with ICICI Bank, along with airport-linked benefits in collaboration with Visa.The cards offer…

Business

Mahindra Celebrates 25 Years of Bolero Pik-Ups: A Legacy of Reliability and Performance

Jun 3, 2024

Mahindra & Mahindra Ltd. (M&M), the leader in Small Commercial Vehicles (SCVs) in India, proudly celebrates a significant milestone: 25 years of the iconic Bolero Pik-Up range.

Business

Honda Motorcycle & Scooter India sells 4,92,047 units in May’24

Jun 3, 2024

Continuing the year with its massive double-digit growth, Honda Motorcycle & Scooter India (HMSI) today announced its overall sales for the month of May 2024.

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