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South Korea’s auto parts exports to US hit record high in 2024

Feb 23, 2025

Seoul, Feb 23 (IANS) South Korea's exports of auto parts to the United States hit a record high last year, data showed on Sunday, as experts weigh the potential impact of incoming auto tariffs from the United States.Exports of automotive parts to the U.S. totalled US$8.22 billion in 2024, up from $8.08 billion the previous year, according to data…

More US investment could be considered on incentives: Korean biz lobby chief

Feb 23, 2025

Washington, Feb 23 (IANS) Chey Tae-won, chairman of SK Group who also serves as the head of the Korea Chamber of Commerce and Industry (KCCI), has said the chips-to-battery conglomerate could consider making more investments in the United…

Business

SolarSquare’s losses surge 2.3x in FY24 as expenses rise over 60 pc

Feb 23, 2025

New Delhi, Feb 23 (IANS) Rooftop solar solutions provider SolarSquare reported a significant increase in its losses, of 2.3 times, to Rs 69 crore in the last fiscal year (FY24).The earnings from services also dropped by 33.33 per cent to Rs…

Business

TCS, Bharti Airtel tank most as eight of India’s top 10 firms lose Rs 1.65 lakh crore in…

Feb 23, 2025

New Delhi, Feb 23 (IANS) Tata Consultancy Services (TCS) suffered the biggest loss in market capitalisation as the combined valuation of eight of India's ten most valuable companies fell by Rs 1,65,784.9 crore last week, aligning with the…

Business

AI downloads in India surpass US, China: FM Sitharaman

Feb 23, 2025

Kottayam, Feb 23 (IANS) Finance Minister Nirmala Sitharaman has highlighted the rapid pace of innovation in India and the country's leadership position in the adoption of artificial intelligence (AI). In her address at the convocation…

Business

India leads global IPO activity in 2024, raises over $19 billion

Feb 23, 2025

New Delhi, Feb 23 (IANS) India emerged as the global leader in initial public offerings (IPOs) activity in 2024, accounting for 23 per cent of all public issues worldwide, a new report said on Sunday.India also raised the highest amount of…

Business

Schneider Electric to set up three more factories in India

Feb 23, 2025

New Delhi, Feb 23 (IANS) Global energy management and automation giant Schneider Electric has announced plans to set up three more manufacturing plants in India as part of its expanding investment portfolio in the country.Schneider Electric…

Business

Market Outlook: GDP data, F&O expiry and global economic data key triggers for next week

Feb 23, 2025

New Delhi, Feb 23 (IANS) The market outlook for next week will be guided by domestic and global GDP data, FIIs inflows and monthly F&O expiry. On the domestic front, second advance estimates of India's annual GDP for FY 2024-25 along…

Business

Meta to expand India operations, hire more for engineering and AI roles

Feb 23, 2025

New Delhi, Feb 23 (IANS) Global technology giant Meta is expanding its presence in India and would hire engineers and product specialists for artificial intelligence (AI) roles. Meta, the parent company of Facebook, has announced a new…

Business

India wins prestigious global Road Safety Award

Feb 23, 2025

New Delhi, Feb 23 (IANS) The Government of India has been honoured with the prestigious Prince Michael Decade of Action Road Safety Award for its efforts in enhancing vehicle safety standards over the past ten years.The recognition…

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