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Sensex climbs 218 points, Ola Electric continues to slide

Oct 18, 2024

Mumbai, Oct 18 (IANS) The Indian stock market closed in the green on Friday with both the Sensex and Nifty indices jumping upwards.Ola Electric’s stock continued to tank and closed at a record low of Rs 86.95. After making its public debut at Rs 76 apiece, the Bhavish Aggarwal-run EV company’s stock once reached an all-time high of Rs 157.40.The…

TRAI seeks comment to formulate regulations for ground-based broadcasters

Oct 18, 2024

New Delhi, Oct 18 (IANS) The Telecom Regulatory Authority of India (TRAI) on Friday released a consultation paper to create a regulatory framework for ground-based broadcasters.The stakeholders can send written comments by November 15 and…

Business

Festive season becomes a booster for retail sales in Indian auto sector

Oct 18, 2024

New Delhi, Oct 18 (IANS) The festive season has revived demand for the Indian auto industry as registration growth in the second week (October 10-October 16) improved for most of the segments compared to that seen in the first week of this…

Business

Facing cash crunch, valuation of fintech firm Lendingkart down more than 60 pc

Oct 18, 2024

Mumbai, Oct 18 (IANS) Fintech firm Lendingkart is facing a cash crunch as the company's profit margin declined in recent years and its valuation has reportedly nosedived by more than 60 per cent. According to a report, the company reported…

Business

ITU-WTSA 2024 in India sees highest-ever women participation in its history

Oct 18, 2024

New Delhi, Oct 18 (IANS) The International Telecommunication Union’s (ITU) 'World Telecommunication Standardization Assembly (WTSA) 2024’ in India saw highest-ever women participation in its history, marking a significant step toward…

Business

India takes lead in 6G after record 5G roll out: Experts

Oct 18, 2024

Mumbai, Oct 18 (IANS) After a successful 5G rollout, the country is now taking lead in 6G as the ‘Digital India’ initiative transforms the economy, with the Jan Dhan, Aadhaar and Mobile (JAM) trinity emerging as a solid foundation block,…

Business

India’s content creation market to reach $480 billion by 2035: Minister

Oct 18, 2024

New Delhi, Oct 18 (IANS) India is poised to become the content creation capital of the world, with the market projected to grow from the current $30 billion to $480 billion by 2035, Union Minister for Communications Jyotiraditya Scindia has…

Business

India’s cargo volumes see over 5 pc growth in September

Oct 18, 2024

New Delhi, Oct 18 (IANS) Prime Minister Narendra Modi's focus on 'Transformation through Transportation’ is turning waterways into the new highways of India and in the month of September, cargo volume handled by 12 major ports surged to…

Business

India to have 1.2 billion smartphone connections by 2030, half of them 5G

Oct 18, 2024

New Delhi, Oct 18 (IANS) India is projected to have 1.2 billion smartphone connections by 2030, with half of the users on 5G smartphones, according to a new report.According to global mobile network body GSMA, the country is projected to…

Business

IPO boom: Hyundai Motor India public issue subscribed over 2 times on last day

Oct 17, 2024

Mumbai, Oct 17 (IANS) Hyundai Motor India Ltd's initial public offering has been subscribed 2.34 times till 4 p.m. on its third and last day on Thursday as the qualified institutional buyers (QIB) portion in the IPO was subscribed nearly 7…

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