Zetwerk is not exactly a household name, but this unicorn, boasting revenues of Rs 11,450 crore as of last year, is among the top four electronics manufacturers in India. The startup is capitalising on a notable trend in smart TV sales – fall in collective shipments from top brands like […]

‘This segment has performed very well for us and this is reflected in our bounce rate which is about three to four per cent.’ Shriram Housing Finance crossed Rs 10,000 crore in assets under management in July this year. The housing finance company plans to get to a book size […]

Metal and mining companies, such as Tata Steel, JSW Steel, Hindalco, and Coal India, have been among the top-performing sectors on the bourses in recent months. The S&P BSE Metal Index is up 13 per cent in the past three months, rallying 29 per cent in the past year, outperforming […]

Hamas says it is not willing to negotiate on the release of more than 100 hostages it is holding until the “end of the battle”. “We have informed all parties that contacted us regarding the enemy’s prisoners held by the resistance that this file will not be opened before the […]

Analysts assert that Vedanta Group’s plan to demerge India-listed Vedanta Limited into six listed entities will not resolve the debt problem of its promoter entity, Vedanta Resources (VRL). They suggest that additional asset sales or stake sales by promoters will be necessary to repay the debt. Vedanta is already considering […]

Analysts assert that Vedanta Group’s plan to demerge India-listed Vedanta Limited into six listed entities will not resolve the debt problem of its promoter entity, Vedanta Resources (VRL). They suggest that additional asset sales or stake sales by promoters will be necessary to repay the debt. Vedanta is already considering […]

The Union government’s revenue from securities transaction tax (STT) is on track to exceed its Budget projection for the current fiscal year, with the mop-up already surpassing 50 per cent of the annual estimate. Provisional figures reveal that the Centre has collected approximately Rs 14,000 crore in the first half […]

Two scientists who developed the technology behind the mRNA Covid vaccines have won this year’s Nobel Prize in Medicine. The Nobel Assembly at the Karolinska Institutet announced Monday that it decided to award the 2023 Nobel Prize in Physiology or Medicine jointly to Professors Katalin Kariko and Drew Weissman “for […]

India’s iconic Vande Bharat train project may finally find a solution to its two Russian-related issues. The first pertains to a delay in the manufacturing of 120 Vande Bharat trains, which has arisen due to differences between Russian and Indian partners within the joint venture company Kinet Railway Solutions. The […]

Officials from India and the United Kingdom (UK) are working overtime to address the contentious issues related to the proposed free trade agreement (FTA) between the two nations, in a final push to conclude the deal by the year-end. Commerce secretary Sunil Barthwal was headed to London on Thursday after […]