New Delhi, May 6 (SocialNews.XYZ) The airlines in India are poised to capture 50 per cent share of the country’s international passenger traffic by 2027-28 with a 7 per cent jump in market share from…
Mumbai, May 6 (SocialNews.XYZ) The Indian Bank on Monday reported a 55 per cent rise in net profit to Rs 2,247 crore for the January-March quarter of 2023-24, compared to the corresponding figures of Rs…
New Delhi, May 6 (SocialNews.XYZ) ICICI Bank on Monday announced that it has enabled NRI (Non-Resident Indian) customers to use their international mobile number to make UPI payments instantly in India. This will allow the…
Mumbai, May 6 (SocialNews.XYZ) Domestic equities gave up their gains amid rising volatility and continuous selling by FIIs on Monday. While the Sensex edged up 17.39 points or 0.02 per cent to settle at 73,895.54,…
New Delhi, May 6 (SocialNews.XYZ) Apple’s iPhone 15 Pro Max was the best-selling smartphone of the first quarter (Q1) of 2024, a new report showed on Monday. According to Counterpoint Research, Apple and Samsung dominated…
New Delhi, May 6 (SocialNews.XYZ) As the government begins the exercise to create benchmarks for electronics component manufacturing, industry stakeholders on Monday said the move will contribute significantly to creating an ‘Atmanirbhar Bharat’ and building…
Mumbai, May 6 (SocialNews.XYZ) Fast moving consumer goods major Marico on Monday reported a 5.3 per cent in consolidated net profit rose to Rs 318 crore for the Jan-March quarter compared to the corresponding figure…
New Delhi, May 6 (SocialNews.XYZ) Leading global investment firm KKR on Monday announced the signing of definitive agreements under which funds managed by KKR will acquire Indian medical devices company Healthium Medtech from an affiliate…
New Delhi, May 6 (SocialNews.XYZ) India and Ghana have agreed to operationalise Unified Payment Interface (UPI) with Ghana Interbank Payment and Settlement Systems within six months in order to enable instant fund transfers for users…
Mumbai, May 6 (SocialNews.XYZ) Private markets investment firm Siguler Guff and Company on Monday announced it has invested Rs 240 crore for an approximate 3.5 per cent ownership stake in Spandana Sphoorty Financial Ltd, a…
New Delhi, May 6 (SocialNews.XYZ) China’s equity markets have lagged Indian equity by a long stretch, as per a report by DSP Mutual Fund. China’s current equity market capitalisation is double that of India, at…
New Delhi, May 6 (SocialNews.XYZ) India’s services sector continued to register robust growth in April on the back of strong domestic and foreign demand, which lifted business confidence to a three-month high, according to an…
New Delhi, May 6 (SocialNews.XYZ) Unaware of the possibilities India now provides for global investors and global conglomerates, Warren Buffett, Chairman and CEO of global investment major Berkshire Hathaway, needs to have a fresh look…
New Delhi, May 4 (SocialNews.XYZ) The One97 Communications Limited (OCL), which owns Paytm, on Saturday announced to expand its leadership team to build a large and profitable payment and financial services distribution business. Bhavesh Gupta,…
Mumbai, May 4 (SocialNews.XYZ) The IDBI Bank on Saturday reported a 44 per cent jump in standalone net profit to Rs 1,628.5 crore for the January-March quarter of 2023-24 compared to the corresponding figure of…
Mumbai, May 4 (SocialNews.XYZ) Avenue Supermarts, operator of the DMart retail chain, on Saturday, announced a consolidated net profit at Rs 563 crore for the January-March quarter of 2023-24 which represents a 22.4 per cent…
Mumbai, May 4 (SocialNews.XYZ) Mid-sized private sector lender Kotak Mahindra Bank on Saturday reported an 18 per cent increase in net profit to Rs 4,133 crore for the January-March quarter of 2023-24, compared with the…
New Delhi, May 4 (SocialNews.XYZ) The Government on Saturday lifted the ban on onion exports after about half a year, according to a notification from the Directorate General of Foreign Trade (DGFT). “The export policy…
New Delhi, May 4 (SocialNews.XYZ) Adani Ports and Special Economic Zone (APSEZ) is planning to invest significantly in the Philippines, and is looking at Bataan for its port development plan, the Philippines government has said….
New Delhi, May 4 (SocialNews.XYZ) The last decade has transformed the IT and technology landscape in India and some of the homegrown technology enterprises, mid-market firms and startups are now creating an impact globally as…