Global e-commerce market expected to hit $11 trillion by 2028
New Delhi, Feb 14 (IANS) The global e-commerce market is on track for significant growth and is expected to reach $11 trillion by 2028, a report said on Friday. The expansion is being fuelled by rapid technological advancements, improved delivery services, and rising internet penetration worldwide. The report by GlobalData, a leading data and analytics […]
Apple now has installed base of 2.35 billion active devices globally
New Delhi, Jan 31 (IANS) The installed base of Apple devices has reached an all-time high across all products and geographic segments and is now over 2.35 billion active devices. According to Apple CEO Tim Cook, the company achieved an all-time revenue record in Services for the period ending December 31, 2024. “In the past […]
Tata Motors’ Q3 profit drops 22 pc, EV sales up 19 pc
Mumbai, Jan 29 (IANS) Tata Motors on Wednesday reported a 22 per cent decline in its net profit for the third quarter (Q3) of FY25 at Rs 5,451 crore, down from Rs 7,025 crore in the same period last fiscal. The drop in earnings was primarily due to higher discounts offered to boost sales and […]
JSW Energy’s Q3 profit drops 27 pc to Rs 168 crore
Mumbai, Jan 28 (IANS) JSW Energy reported a 27 per cent year-on-year drop in its consolidated net profit for the third quarter (Q3) of FY25. The company’s profit fell to Rs 168 crore in the October-December 2024 period, compared to Rs 231 crore in the same quarter last year. The decline was due to lower […]
Indian stock market opens higher, IT sector shows promise post Q3 earnings
Mumbai, Jan 24 (IANS) Indian benchmark indices opened higher on Friday, extending gains to day three this week, as Nifty Bank, auto, FMCG and IT sectors led the morning trade. In early trade, Nifty rose 0.31 per cent to 23,277, while the 30-stock Sensex advanced 0.31 per cent to 76,765. Seven out of the 12 […]
Stock market ends lower as global optimism fails to lift investors’ mood
Mumbai, Jan 24 (IANS) Indian stock markets remained volatile on Friday as selling pressure at higher levels weighed on benchmark indices. At the closing bell, the BSE Sensex was at 76,190.46, down 329.92 points or 0.49 per cent, while the Nifty 50 slipped 113.15 points or 0.49 per cent to finish the day at 23,092.2. […]
India leads workplace digital transformation globally: Report
Chennai, Jan 22 (IANS) India, which is leading workplace digital transformation globally, could reach advanced levels in the next 10 years, according to a report on Wednesday. The report by software major Zoho said that around 71 per cent of employees in India are already at advanced levels of digital maturity, significantly higher than the […]
NSE’s total unique investors base crosses 11 crore for first time
Mumbai, Jan 22 (IANS) Total unique investors’ base (unique PANs) on the National Stock Exchange (NSE) crossed the 11-crore mark for the first time, and total client accounts registered with the exchange now stands more than 21 crore, it was announced on Wednesday. Investor registrations at the NSE experienced acceleration in recent year due to […]
NITI Aayog, Nasscom Foundation to digitally empower one lakh lives in India
New Delhi, Jan 20 (IANS) NITI Aayog and Nasscom Foundation on Monday announced their initiative, aligned with the Pradhan Mantri Digital Saksharta Abhiyan, to digitally empowering one lakh lives in India. The initiative’s initial phase focuses on bridging the digital divide by providing digital literacy training and access to essential e-governance services across 60 Particularly […]
HD Hyundai Electric Q4 net falls 10.9 pc on one-off costs
Seoul, Jan 20 (IANS) HD Hyundai Electric, a South Korean electrical equipment maker, said on Monday its fourth-quarter net profit fell 10.9 per cent from a year earlier due to one-off costs. Net profit for the three months ended on December 31 fell to 123.9 billion won ($85 million) from 139 billion won in the […]
