Indian share market opens in green as nation pays homage to Dr Singh
Mumbai, Dec 27 (IANS) The Indian stock market opened on a high note on Friday amid mixed global cues as buying was seen in the auto, PSU bank, financial service pharma, FMCG and metal sectors on Nifty. At around 9:30 am, Sensex was trading at 78,810.40 after gaining 337.92 points or 0.43 per cent, while […]
South Korea: Acting President Choi Sang-mok vows to prioritise stabilising state affairs
Seoul, Dec 27 (IANS) South Korea’s Acting President Choi Sang-mok said on Friday the government will do its utmost to focus on stabilising state affairs amid ongoing political turbulence stemming from the short-lived imposition of martial law earlier this month. Choi, who also serves as Deputy Prime Minister for Economic Affairs and Finance Minister, stepped […]
Indian smartphone market poised for 6 pc growth in 2025 amid PLI push
New Delhi, Dec 27 (IANS) The Indian smartphone market is poised for significant growth in 2025, with a projected 6 per cent increase (year-on-year) driven by improving consumer sentiment and government initiatives aimed at reducing unemployment, industry experts said on Friday. The mobile phone production surged from Rs 18,900 crore in 2014-15 to an estimated […]
Adani Ports places India’s largest order for tugs worth Rs 450 crore with Cochin Shipyard
Ahmedabad, Dec 27 (IANS) Adani Ports and Special Economic Zone Ltd (APSEZ) on Friday announced the procurement of eight state-of-the-art harbour tugs, with a total contract value estimated at Rs 450 crore, which will be constructed by Cochin Shipyard Ltd. These tugs are expected to be delivered in December 2026 and continue until May 2028, […]
Centre transfers Rs 2.23 lakh crore for 1,206 schemes under Direct Benefit Transfer
New Delhi, Dec 27 (IANS) The Finance Ministry’s Department of Expenditure (DoE) has enabled the real-time, transparent distribution of funds for 1,206 schemes covered under Direct Benefit Transfer (DBT) in FY 2024-25, processing transactions worth a record Rs 2.23 lakh crore, according to a year-end report released on Friday. “This initiative has supported the Digital […]
Procurement of 8 harbour tugs reinforces our commitment to self-reliance: Karan Adani
New Delhi, Dec 27 (IANS) Karan Adani, Managing Director of Adani Ports and Special Economic Zone (APSEZ), said on Friday that the procurement of eight state-of-the-art harbour tugs, with a total contract value estimated at Rs 450 crore, reinforces their commitment to self-reliance. In a post on X, Karan Adani said the company has placed […]
2025 will be no less transformative in its own way for Air India: CEO Campbell Wilson
New Delhi, Dec 27 (IANS) The coming year will be no less transformative in its own way for Air India and we will elevate the national carrier even higher, Campbell Wilson, CEO and Managing Director of Air India, said on Friday. In a post, he said that So 2024 was a transformative year for Air […]
4 chip manufacturing units, 3 supercomputers this year to boost India’s global tech position
New Delhi, Dec 27 (IANS) The year 2024 saw four new semiconductor manufacturing units and three ‘Param Rudra’ supercomputers, among several other initiatives, to strengthen India’s position on the global tech stage, the government said on Friday. Tata Electronics Private Limited (TEPL)’s proposal for setting up a semiconductor fab facility in India with an investment […]
India dominates IPO market with 200 issues in Asia Pacific in 2024, China falters
New Delhi, Dec 27 (IANS) India dominated the initial public offering (IPO) market in the Asia-Pacific region with over 200 companies going for public issues in 2024, according to a report on Friday. However, China saw a sharp drop in the number of IPOs by 51.3 per cent, impacted by tightened regulations. The country saw […]
