Equity benchmark indices Sensex and Nifty closed higher on Monday, supported by sustained foreign fund inflows and a sharp correction in global crude oil prices. Photograph: PTI Photo from the Rediff Archives The 30-share BSE benchmark climbed 294.85 points or
Early-bird results for the January-March 2025 quarter (Q4FY25) suggest a slowdown in earning growth for India Inc, despite a benign cost environment that has led to an improvement in margins. Illustration: Dominic Xavier/Rediff The combined net profit (adjusted for exceptional
Apple’s iPhone supplies in India grew 25 per cent year-on-year in March quarter 2025, capturing 8 per cent market share, a CyberMedia Research report said on Monday. Photograph: Francis Mascarenhas/Reuters Chinese smartphone company Vivo led the overall smartphone market in
Overall automobile retail sales in India grew a modest 2.95 per cent in April this year to 22,87,952 units with completion of purchases by customers around Chaitra Navratri, Akshay Tritiya, Bengali New Year, Baisakhi and Vishu helping April end on
State-owned NMDC has reported a 15 per cent rise in its iron ore production and 3 per cent growth in sales of the mineral in April. Photograph: David Gray/Reuters In a statement on Sunday, NMDC said it produced 4 million
The US is expected to push for sweeping changes in India’s policies, ranging from tariff reductions to regulatory overhauls, that could benefit American firms and exporters, under the proposed bilateral trade agreement with India, think tank GTRI said on Sunday.
Markets regulator Sebi is actively working with the Ministry of Finance and other financial regulators on setting up a centralised KYC (Know Your Customer) system, chairman Tuhin Kanta Pandey has said. Illustration: Francis Mascarenhas/Reuters The Central KYC is an online
Swiggy on Friday said its 10-minute food delivery service ‘Bolt’, which was launched in October last year, is now operational in more than 500 cities across the country. Photograph: Francis Mascarenhas/Reuters Presently, at least one in every 10 food delivery
Bharti Airtel and Tata Group have terminated discussions for a merger of their direct-to-home (DTH) business, according to a Bombay Stock Exchange (BSE) filing on Saturday. Photograph: PTI Photo from the Rediff Archives In the BSE filing, Airtel said this
Domestic institutional investors (DIIs), mostly mutual funds and insurance companies, overtook foreign portfolio investors (FPIs) in ownership of NSE-listed companies in the March quarter of 2025. Illustration: Uttam Ghosh/Rediff According to Prime Database, DIIs held a 17.62 per cent stake,
