World looking at India as global manufacturing hub: Ashwini Vaishnaw
NEW DELHI: Union minister Ashwini Vaishnaw has said that the world is looking at India as a global production hub and as a destination for the co-creation of technology, developing new applications and for domestic demand.Vaishnaw, who is part of a delegation of Union ministers and state chief ministers at
Tata Sons seeks CCI nod to buy 10% in Tata Play
Tata Sons has approached the fair trade regulator CCI for permission to acquire an additional 10% stake in Tata Play from Singapore’s sovereign wealth fund Temasek. Currently, Tata Sons holds a 60% stake in the DTH operator. Source link
TikTok Ban and Trump Executive Order Lead to Tech Company Dilemma
For more than six years, Amazon Web Services, the world’s largest cloud computing company, provided technical support to deliver TikTok videos to tens of millions of Americans. But over the weekend, Amazon faced a dilemma. A new law was taking effect banning TikTok, owned by the Chinese company ByteDance, in
How phones on EMIs unlock access to loans
MUMBAI: Mobile phone purchases have become a key channel for individuals in the informal sector to get into the formal credit system. While the Jan Dhan Yojana provided everyone with bank accounts, availability of mobile phones on EMI is providing them with a credit history, opening the doors for other
Spirit Airlines Will Prohibit ‘Offensive’ Tattoos and Revealing Clothing
If you’re flying Spirit Airlines, wearing a crop top that reveals your torso or having certain tattoos could now be enough to get you kicked off a flight. The airline recently updated its policies to explicitly outline unacceptable passenger attire and appearance, going beyond the vague policies held by most
Govt set to meet fiscal deficit target for FY25 as capex lags: Economists
Image used for representational purpose only MUMBAI: Govt will likely exceed its fiscal deficit consolidation target in FY25 due to reduced capital expenditure (capex). For FY26, the target is expected to be supported by a substantial dividend from RBI.“Govt will likely outperform its FY25 fiscal consolidation target, closing the year
Everstone buys majority stake in SaaS co Wingify for $200 million
BENGALURU: Private equity firm Everstone has finalised an agreement to acquire a majority stake in Wingify, one of India’s earliest bootstrapped software-as-a-service (SaaS) success stories, in a deal valued at about $200 million, according to sources familiar with the matter. Founded in 2010 by Paras Chopra and Sparsh Gupta, New
Musk Plan for Retooling Government Takes Shape, but Big Questions Loom
The initial plan for retooling the federal government under President Trump started with three loyal billionaires: the banker Howard Lutnick, the tech leader Elon Musk and the entrepreneur Vivek Ramaswamy. Now, it’s down to one. Mr. Lutnick emerged as Mr. Trump’s pick to run the Commerce Department. Mr. Ramaswamy decided
Stock market today: BSE Sensex ends over 300 points down; Nifty50 above 23,050
Continuous foreign fund withdrawals also affected market sentiment. (AI image) Stock market today: Stock market indices Sensex and Nifty ended lower after initial gains in a volatile trading session on Friday, breaking their two-day positive momentum as investors reduced positions in realty, oil & gas and healthcare sectors amidst mixed
HPCL shares jump nearly 5% as net profit more than triples in Q3
NEW DELHI: Shares of Hindustan Petroleum Corporation Ltd (HPCL) on Friday climbed nearly 5 per cent after the firm reported more than tripling of its December quarter net profit as marketing margins soared. The stock jumped 4.91 per cent to Rs 380 on the BSE. At the NSE, it surged