Business News - Page 22

Apple to switch to OLEDs for all iPhone screens from 2025: Report

OLED displays, which use organic compounds that emit light on their own, offer more vivid colors and sharper contrast than LCDs due to the absence of a backlight

IPO market in India: Most investors chase listing lottery, sell shares within a week, says Sebi

According to Sebi, 54 per cent of IPO shares, excluding those held by anchor investors, were sold within a week of listing. Retail investors also exhibited a strong tendency to sell quickly, with 42.7 per cent of the shares allotted to them being sold within a week

World Bank gives boost to India growth story, revises FY25 GDP forecast from 6.6% to 7%

The World Bank also noted that the Indian economy's growth will remain strong over the medium term

Elevate, Empower, Inspire: Celebrating Women Leaders at News18 SheShakti 2024

From politics to sports, science to arts, these women have carved out spaces for themselves in traditionally male-dominated arenas, proving that gender is no barrier to greatness. The lineup for SheShakti 2024 is truly inspiring, featuring a diverse array of influential women leaders and changemakers from various fields

News18 SheShakti 2024: Celebrating the Power of Women Breaking Barriers

India’s progress toward gender equality is evident through impactful policies and initiatives. For instance, 21 states have implemented a 50% reservation for women in local governance, and 84% of beneficiaries under the Stand-Up India scheme are women. Additionally, women account for 43% of STEM graduates in India—the highest percentage in the world—illustrating the significant strides women are making in education and professional fields

7 points about Indian stock market's best winning streak in decades

The 30-share BSE Sensex and Nifty 50 hit their fresh all-time high levels in early trade on Monday, September 2

China's manufacturing contracts in 4th straight month, PMI slips to 6-month low

Sentiment remains gloomy among manufacturers as a years-long property crisis keeps domestic demand in the doldrums and Western curbs loom on Chinese exports such as electric vehicles

UK insurer Aviva used fake invoices, cash to dodge India's tax and agent commission rules: Report

In an attempt to grow operations, Aviva's India business paid about $26 million between 2017 and 2023 to entities who purportedly provided marketing and training services, according to the tax notice sent to Aviva, dated Aug. 3

How US taxpayers funded patents for China's inventors

The US Patent and Trademark Office supplied the data this month to the House of Representatives select committee on China

Singapore Airlines cleared for FDI in Vistara-Air India deal, major merger on track

With the Indian government's green light for Singapore Airlines' investment, the proposed merger with Air India is now on track to complete by the end of 2024

From strength to strength: Reliance Retail posts 28.4% EBITDA rise, 300 mn customers and top global ranks

During his AGM speech, Mukesh Ambani highlighted Reliance Retail’s unmatched omni-channel strategy, bolstered by a 28.4 % EBITDA increase, a vast network of 19,000 stores and an extensive 80 million sq. ft. of retail space

'From Anna Datas to Urja Datas': Mukesh Ambani outlines Reliance's farmers-centric new energy plan

As part of Reliance's new energy business, Mukesh Ambani said the company is working to operationalise 55 compressed biogas (CBG) plants by 2025

Mukesh Ambani unveils JioCinema’s digital triumphs, game-changing Disney deal at Reliance AGM

At the Reliance AGM, Mukesh Ambani showcased JioCinema’s extraordinary growth and introduced a landmark collaboration with Disney, promising to reshape the future of digital streaming

'We're committed to democratising AI': Mukesh Ambani announces AI data centres & research initiatives

Reliance is working on a comprehensive suite of AI tools and platforms called 'Jio Brain', said Chairman Mukesh Ambani

Firstpost becoming global news powerhouse, says Reliance Chairman Mukesh Ambani

it is time for India to assert its voice and gain its rightful space in the influential global media, said Ambani.

Reliance Industries contributed Rs5.5 lakh cr to exchequer, Rs4,000 cr in CSR: Mukesh Ambani at 47th AGM

Mukesh Ambani detailed Reliance Industries' record-breaking contributions and CSR spending showcasing the company’s significant impact on India’s economy and social development at the 47th AGM

Reliance creating wealth for the nation, not in business of short-term profit: Mukesh Ambani

Speaking at the annual shareholder meeting of Reliance Industries Ltd, he said the company is working for the energy security of the country

Reliance is becoming deep-tech company, says Chairman Mukesh Ambani

Reliance Industries Limited Mukesh Ambani said the company filed for 2,555 patents in 2023-24

Reliance says board to consider 1:1 bonus issue on Sept 5

Reliance Industries Ltd will host its 47th annual general meeting (AGM) on Thursday (August 29)

Why is IPO of a two-outlet bike dealer such a big hit in India? It's about Day 1

Founded in 2018, Resourceful Automobile operates under the brand name Sawhney Automobile, dealing in Yamaha two-wheelers. It specialises in the sales and servicing of motorcycles and scooters

How AI and Big Data help overcome complexities of modern market research

AI and Big Data undoubtedly offer powerful tools for market research, providing deeper insights and enabling more informed decision-making

Infosys likely to escape $4bn GST demand after lobbying, industry backlash: Report

Sunil Kumar Dhareshwar, Infosys' executive vice president for finance, recently met with senior bureaucrats to argue that the tax notice was unwarranted. NASSCOM, an influential industry lobby group, also intervened, urging the government to ensure ease of doing business

Stocks to watch: JSW Steel, Zomato, Airtel, Wipro, Nykaa, and SBI Life shares in focus

Shares of Airtel and SBI Life are likely to be in focus due to multi-crore GST penalty demands. Zomato's cessation of the inter-city Legends service may keep the stock abuzz. Nykaa's shares may be in focus owing to a potential stake sale by pre-IPO investor

US stock market: Wall Street indices tumble ahead of Fed chair's Jackson Hole speech

All three major US stock indexes lost ground, with technology shares leading the decline. The Dow Jones Industrial Average dropped 0.43 per cent to 40,712, the S&P 500 slipped 0.89 per cent to 5,570, and the Nasdaq Composite fell 1.67 per cent to 17,619.

Work being done by more than 6000 RTX employees in India will help shape the future of flight

Over the past two years Pratt & Whitney has invested more than $40 million into our Centers of Excellence (CoE) across engineering, digital transformation, supply chain operations, and customer service, says Ashmita Sethi, country head & president, Pratt & Whitney, an RTX business, India

How construction firms can leverage social media for success

Social media serves as a tool to share excellence with a broader audience, supporting a cycle of recognition and continued business

India re-allowing Chinese cos in electronics manufacturing as industry pressure grows

The clearances come amid growing pressure from India’s electronics manufacturing industry, which has been pushing for the approval of investments linked to China to help expand and deepen the country’s supply chains

Stocks to watch: Zomato, Paytm, IREDA, RVNL, and Zen Technologies shares in focus

GIFT Nifty index on Thursday (August 22) around 9 am hinted at a flat to a positive start for D-Street. US stock indices edged upwards on Wednesday (August 21) after Fed's meeting minutes were released. Asian shares, tracking Wall Street gains, moved upwards, too

'Can't compete, can't adapt in time': Why Thailand minister says economy nearly in crisis

Exports constitute 70 per cent of Thailand’s economy, yet the manufacturing sector is struggling to meet market demands, according to Pichai Chunhavajira, who was speaking at a business seminar. "We can't compete. We can't adapt in time," he said

Stocks to watch: L&T, Exide Industries, PNB Housing, NHPC, and Cyient DLM shares in focus

Ahead of the opening bell, here are stocks to watch