Apple brings new features, language support via iOS 18 for users in India
New Delhi, July 2 (IANS) To woo users in India, Apple has brought additional features via its iOS update to improve the experience across phone and communication with support for new Indian fronts and numerals, language and input with multilingual keyboard, enhanced language search and multilingual Siri support, the company said on Tuesday. “iOS 18 […]
Explained: Why SEBI issued a show-cause notice to Hindenburg, others
New Delhi, July 2 (IANS) Market regulator Securities and Exchange Board of India (SEBI), as per directions by the Supreme Court, has issued a show-cause notice to Hindenburg Research, its sole beneficial owner Nathan Anderson and Mark Kingdon who is the ultimate beneficial owner of Mauritius-based entities, for trading violations in the scrip of Adani […]
Zomato ESOP plan receives shareholders’ nod, 25 pc voted against it
New Delhi, July 2 (IANS) Online food delivery platform Zomato has received shareholders’ nod to establish a new employee stock option pool (ESOP) of 18.2 crore shares, with 75 per cent of investors voting in favour and 25 per cent against it, the company said in an exchange filing. At a current market price of […]
Unionised workers at Samsung to stage 3-day strike next week
Seoul, July 2 (IANS) Unionised workers of Samsung Electronics will stage a three-day general strike next week as their negotiations with the management over wages and working conditions fell through. The National Samsung Electronics Union (NSEU), the biggest labour union with 28,000 members, declared the strike will start next Monday for three days. The number […]
SEBI issues show-cause notice to Hindenburg, Nathan Anderson over Adani report
Mumbai, July 2 (IANS) The Securities and Exchange Board of India (SEBI) has issued a show-cause notice to Hindenburg Research, Nathan Anderson and the entities of Mauritius-based foreign portfolio investor (FPI) Mark Kingdon for trading violations in the scrip of Adani Enterprises Ltd, leading up to Hindenburg report and thereafter. In the 46-page show-cause notice, […]
Sensex trades flat after opening at all-time high
Mumbai, July 2 (IANS) Indian equity indices were traded flat on Tuesday after opening at a record high. Sensex and Nifty made a new all-time high of 79,855 and 24,236 respectively. At 9:42 a.m., Sensex was at 79,393, down 82 points or 0.10 per cent and Nifty was at 24,111, down 30 points or 0.12 […]
Indian fast fashion industry poised to reach over $50 billion by FY31: Report
Bengaluru, July 2 (IANS) Driven by millennials and Gen Z population, the Indian fast fashion industry is projected to reach a massive $50 billion market by FY31, a report showed on Tuesday. In FY24, the fast fashion sector (currently valued at $10 billion) saw a remarkable growth rate of 30-40 per cent in the country, […]
India’s macro fundamentals to remain strong in 2nd half of FY25: Nomura
New Delhi, July 2 (IANS) Driven by steady growth and low, underlying inflation, India’s macroeconomic fundamentals are expected to remain strong in the second half of FY25, global brokerage firm Nomura has said. Nomura expects a decline in India’s consumer price index from 5.7 per cent at the end of FY24 to 4.8 per cent […]
AI-driven Indian platform HireMee joins Rockefeller Foundation to mentor youth for jobs
Bengaluru, July 2 (IANS) AI-enabled talent assessment and hiring platform HireMee on Tuesday said it has joined US-based Rockefeller Foundation’s Global Mentorship Initiative (GMI) to bridge the gap between graduation and first career jobs for young graduates from diverse communities in India. The GMI programme connects students with mentors who provide guidance and business skills […]
India’s auto sector cruises in top gear as higher demand drives up sales
New Delhi, July 2 (IANS) India’s auto sector is cruising in top gear in the current financial year with leading players notching up higher sales of cars, two-wheelers and commercial vehicles driven by higher demand in a growing economy. The launch of new models, especially in the SUV segment has driven up the sales of […]
