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IndiaTV Business: Google News Feed: Digest for April 27, 2023

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Rajkot: Commerce and industry minister Piyush Goyal on Saturday said that international trade transactions will soon start in rupee currency as several banks from different countries are opening special Vostro accounts with Indian banks. The Reserve Bank of India (RBI) has approved 60 requests to open Special Rupee Vostro Accounts of correspondent banks from 18 countries including the UK, Singapore, and New Zealand.
Global technology brand Lenovo has reportedly started laying off employees, as its PC business suffers significantly amid economic downturn.
Business news: India has climbed six places on the World Bank's Logistic Performance Index (LPI) 2023, now ranking 38th in the 139 countries index, as a result of significant investments in both soft and hard infrastructure as well as technology.
Bengaluru: Union Minister Nirmala Sitharaman on Sunday said the Central government is working with the Ministry of Electronics and Information Technology (MeitY) and Reserve Bank of India (RBI) to clamp down on ponzi apps like never before to prevent them from taking away hard-earned money of gullible investors. However, she said there is no proposal at present before it to regulate financial influencers on social media.
New Delhi: Reliance Retail on Sunday (April 23) announced that it has entered into a joint venture with a Haryana-based firm for local manufacturing of toys to meet the growing demand. The company has entered into a joint venture with Sonipat, Haryana-based Circle E Retail to vertically integrate its toy business.
Star Housing Finance has reported strong performance during the fourth quarter of FY23. The home loan company with an emphasis on rural areas has posted a 136 per cent jump in the gross loan book at Rs 250 crore year-on-year.
Equity benchmark Sensex climbed over 400 points to reclaim the 60,000 mark on Monday, on strong buying in financial stocks after earnings from ICICI Bank and Reliance Industries matched street expectations. The 30-share BSE Sensex jumped 401.04 points or 0.67 per cent to reach the 60,000-level and settled for the day at 60,056.10.
India led the global refurbished smartphone market with 19 per cent (year-on-year) growth in 2022, as Apple captured 49 per cent of the refurbished smartphone market, followed by Samsung at 26 per cent, a report showed on Monday.
One of India's most celebrated businessmen and former Chairman of Tata Sons was conferred with the highest Australian civilian honur, the Order of Australia for his contributions to the field of business even in Australia.
As the amount of data and the complexity of decision-making continue to grow, about 87 per cent of business leaders in India said that they will let a robot make their decisions, a new study has shown.
Rajkot: Commerce and industry minister Piyush Goyal on Saturday said that international trade transactions will soon start in rupee currency as several banks from different countries are opening special Vostro accounts with Indian banks. The Reserve Bank of India (RBI) has approved 60 requests to open Special Rupee Vostro Accounts of correspondent banks from 18 countries including the UK, Singapore, and New Zealand.
Global technology brand Lenovo has reportedly started laying off employees, as its PC business suffers significantly amid economic downturn.
Business news: India has climbed six places on the World Bank's Logistic Performance Index (LPI) 2023, now ranking 38th in the 139 countries index, as a result of significant investments in both soft and hard infrastructure as well as technology.
Bengaluru: Union Minister Nirmala Sitharaman on Sunday said the Central government is working with the Ministry of Electronics and Information Technology (MeitY) and Reserve Bank of India (RBI) to clamp down on ponzi apps like never before to prevent them from taking away hard-earned money of gullible investors. However, she said there is no proposal at present before it to regulate financial influencers on social media.
New Delhi: Reliance Retail on Sunday (April 23) announced that it has entered into a joint venture with a Haryana-based firm for local manufacturing of toys to meet the growing demand. The company has entered into a joint venture with Sonipat, Haryana-based Circle E Retail to vertically integrate its toy business.
Star Housing Finance has reported strong performance during the fourth quarter of FY23. The home loan company with an emphasis on rural areas has posted a 136 per cent jump in the gross loan book at Rs 250 crore year-on-year.
Equity benchmark Sensex climbed over 400 points to reclaim the 60,000 mark on Monday, on strong buying in financial stocks after earnings from ICICI Bank and Reliance Industries matched street expectations. The 30-share BSE Sensex jumped 401.04 points or 0.67 per cent to reach the 60,000-level and settled for the day at 60,056.10.
India led the global refurbished smartphone market with 19 per cent (year-on-year) growth in 2022, as Apple captured 49 per cent of the refurbished smartphone market, followed by Samsung at 26 per cent, a report showed on Monday.
One of India's most celebrated businessmen and former Chairman of Tata Sons was conferred with the highest Australian civilian honur, the Order of Australia for his contributions to the field of business even in Australia.
As the amount of data and the complexity of decision-making continue to grow, about 87 per cent of business leaders in India said that they will let a robot make their decisions, a new study has shown.
Rajkot: Commerce and industry minister Piyush Goyal on Saturday said that international trade transactions will soon start in rupee currency as several banks from different countries are opening special Vostro accounts with Indian banks. The Reserve Bank of India (RBI) has approved 60 requests to open Special Rupee Vostro Accounts of correspondent banks from 18 countries including the UK, Singapore, and New Zealand.
Global technology brand Lenovo has reportedly started laying off employees, as its PC business suffers significantly amid economic downturn.
Business news: India has climbed six places on the World Bank's Logistic Performance Index (LPI) 2023, now ranking 38th in the 139 countries index, as a result of significant investments in both soft and hard infrastructure as well as technology.
Bengaluru: Union Minister Nirmala Sitharaman on Sunday said the Central government is working with the Ministry of Electronics and Information Technology (MeitY) and Reserve Bank of India (RBI) to clamp down on ponzi apps like never before to prevent them from taking away hard-earned money of gullible investors. However, she said there is no proposal at present before it to regulate financial influencers on social media.
New Delhi: Reliance Retail on Sunday (April 23) announced that it has entered into a joint venture with a Haryana-based firm for local manufacturing of toys to meet the growing demand. The company has entered into a joint venture with Sonipat, Haryana-based Circle E Retail to vertically integrate its toy business.
Star Housing Finance has reported strong performance during the fourth quarter of FY23. The home loan company with an emphasis on rural areas has posted a 136 per cent jump in the gross loan book at Rs 250 crore year-on-year.
Equity benchmark Sensex climbed over 400 points to reclaim the 60,000 mark on Monday, on strong buying in financial stocks after earnings from ICICI Bank and Reliance Industries matched street expectations. The 30-share BSE Sensex jumped 401.04 points or 0.67 per cent to reach the 60,000-level and settled for the day at 60,056.10.
India led the global refurbished smartphone market with 19 per cent (year-on-year) growth in 2022, as Apple captured 49 per cent of the refurbished smartphone market, followed by Samsung at 26 per cent, a report showed on Monday.
One of India's most celebrated businessmen and former Chairman of Tata Sons was conferred with the highest Australian civilian honur, the Order of Australia for his contributions to the field of business even in Australia.
As the amount of data and the complexity of decision-making continue to grow, about 87 per cent of business leaders in India said that they will let a robot make their decisions, a new study has shown.
Business news: India has climbed six places on the World Bank's Logistic Performance Index (LPI) 2023, now ranking 38th in the 139 countries index, as a result of significant investments in both soft and hard infrastructure as well as technology.
Bengaluru: Union Minister Nirmala Sitharaman on Sunday said the Central government is working with the Ministry of Electronics and Information Technology (MeitY) and Reserve Bank of India (RBI) to clamp down on ponzi apps like never before to prevent them from taking away hard-earned money of gullible investors. However, she said there is no proposal at present before it to regulate financial influencers on social media.
New Delhi: Reliance Retail on Sunday (April 23) announced that it has entered into a joint venture with a Haryana-based firm for local manufacturing of toys to meet the growing demand. The company has entered into a joint venture with Sonipat, Haryana-based Circle E Retail to vertically integrate its toy business.
Star Housing Finance has reported strong performance during the fourth quarter of FY23. The home loan company with an emphasis on rural areas has posted a 136 per cent jump in the gross loan book at Rs 250 crore year-on-year.
Equity benchmark Sensex climbed over 400 points to reclaim the 60,000 mark on Monday, on strong buying in financial stocks after earnings from ICICI Bank and Reliance Industries matched street expectations. The 30-share BSE Sensex jumped 401.04 points or 0.67 per cent to reach the 60,000-level and settled for the day at 60,056.10.
India led the global refurbished smartphone market with 19 per cent (year-on-year) growth in 2022, as Apple captured 49 per cent of the refurbished smartphone market, followed by Samsung at 26 per cent, a report showed on Monday.
One of India's most celebrated businessmen and former Chairman of Tata Sons was conferred with the highest Australian civilian honur, the Order of Australia for his contributions to the field of business even in Australia.
As the amount of data and the complexity of decision-making continue to grow, about 87 per cent of business leaders in India said that they will let a robot make their decisions, a new study has shown.
Maruti Suzuki Q4 Results: Maruti Suzuki India on Wednesday reported a 42 per cent rise in consolidated net profit to Rs 2,671 crore for the fourth quarter ended March 2023, driven by higher sales, improved realisation and favourable forex movement.

Stock markets rise for 3rd session; Sensex gains 169 pts

Wednesday 26 April 2023 12:05 PM UTC+00
Mumbai: Equity benchmark indices Sensex and Nifty extended their rally for the third straight session on Wednesday amid buying in index majors IndusInd Bank, Nestle India and HCL Tech. However, continuous foreign fund outflows and a weak trend in global equities restricted gains in the market, traders said. The 30-share BSE Sensex climbed 169.87 points or 0.28 per cent to settle at 60,300.58. During the day, it jumped 232.08 points or 0.38 per cent to 60,362.79. The broader NSE Nifty advanced 44.35 points or 0.25 per cent to end at 17,813.60.
New Delhi: Reliance Retail on Sunday (April 23) announced that it has entered into a joint venture with a Haryana-based firm for local manufacturing of toys to meet the growing demand. The company has entered into a joint venture with Sonipat, Haryana-based Circle E Retail to vertically integrate its toy business.
Star Housing Finance has reported strong performance during the fourth quarter of FY23. The home loan company with an emphasis on rural areas has posted a 136 per cent jump in the gross loan book at Rs 250 crore year-on-year.
Equity benchmark Sensex climbed over 400 points to reclaim the 60,000 mark on Monday, on strong buying in financial stocks after earnings from ICICI Bank and Reliance Industries matched street expectations. The 30-share BSE Sensex jumped 401.04 points or 0.67 per cent to reach the 60,000-level and settled for the day at 60,056.10.
India led the global refurbished smartphone market with 19 per cent (year-on-year) growth in 2022, as Apple captured 49 per cent of the refurbished smartphone market, followed by Samsung at 26 per cent, a report showed on Monday.
One of India's most celebrated businessmen and former Chairman of Tata Sons was conferred with the highest Australian civilian honur, the Order of Australia for his contributions to the field of business even in Australia.
As the amount of data and the complexity of decision-making continue to grow, about 87 per cent of business leaders in India said that they will let a robot make their decisions, a new study has shown.
Maruti Suzuki Q4 Results: Maruti Suzuki India on Wednesday reported a 42 per cent rise in consolidated net profit to Rs 2,671 crore for the fourth quarter ended March 2023, driven by higher sales, improved realisation and favourable forex movement.

Stock markets rise for 3rd session; Sensex gains 169 pts

Wednesday 26 April 2023 12:05 PM UTC+00
Mumbai: Equity benchmark indices Sensex and Nifty extended their rally for the third straight session on Wednesday amid buying in index majors IndusInd Bank, Nestle India and HCL Tech. However, continuous foreign fund outflows and a weak trend in global equities restricted gains in the market, traders said. The 30-share BSE Sensex climbed 169.87 points or 0.28 per cent to settle at 60,300.58. During the day, it jumped 232.08 points or 0.38 per cent to 60,362.79. The broader NSE Nifty advanced 44.35 points or 0.25 per cent to end at 17,813.60.
New Delhi: Indian IT services company Infosys on Wednesday (April 26) said that it has joined hands with Walmart Commerce Technologies to help retailers leverage technology solutions that simplify customer and store employee experiences. Infosys will help retailers implement and use Store Assist, which enables them to provide seamless omnichannel experiences such as pickup, delivery and ship from store for both employees and customers.
National Medical Devices Policy: The Union government on Wednesday approved National Medical Devices Policy with an aim to increase domestic production and reduce imports of such equipment.
Star Housing Finance has reported strong performance during the fourth quarter of FY23. The home loan company with an emphasis on rural areas has posted a 136 per cent jump in the gross loan book at Rs 250 crore year-on-year.
Equity benchmark Sensex climbed over 400 points to reclaim the 60,000 mark on Monday, on strong buying in financial stocks after earnings from ICICI Bank and Reliance Industries matched street expectations. The 30-share BSE Sensex jumped 401.04 points or 0.67 per cent to reach the 60,000-level and settled for the day at 60,056.10.
India led the global refurbished smartphone market with 19 per cent (year-on-year) growth in 2022, as Apple captured 49 per cent of the refurbished smartphone market, followed by Samsung at 26 per cent, a report showed on Monday.
One of India's most celebrated businessmen and former Chairman of Tata Sons was conferred with the highest Australian civilian honur, the Order of Australia for his contributions to the field of business even in Australia.
As the amount of data and the complexity of decision-making continue to grow, about 87 per cent of business leaders in India said that they will let a robot make their decisions, a new study has shown.
Maruti Suzuki Q4 Results: Maruti Suzuki India on Wednesday reported a 42 per cent rise in consolidated net profit to Rs 2,671 crore for the fourth quarter ended March 2023, driven by higher sales, improved realisation and favourable forex movement.

Stock markets rise for 3rd session; Sensex gains 169 pts

Wednesday 26 April 2023 12:05 PM UTC+00
Mumbai: Equity benchmark indices Sensex and Nifty extended their rally for the third straight session on Wednesday amid buying in index majors IndusInd Bank, Nestle India and HCL Tech. However, continuous foreign fund outflows and a weak trend in global equities restricted gains in the market, traders said. The 30-share BSE Sensex climbed 169.87 points or 0.28 per cent to settle at 60,300.58. During the day, it jumped 232.08 points or 0.38 per cent to 60,362.79. The broader NSE Nifty advanced 44.35 points or 0.25 per cent to end at 17,813.60.
New Delhi: Indian IT services company Infosys on Wednesday (April 26) said that it has joined hands with Walmart Commerce Technologies to help retailers leverage technology solutions that simplify customer and store employee experiences. Infosys will help retailers implement and use Store Assist, which enables them to provide seamless omnichannel experiences such as pickup, delivery and ship from store for both employees and customers.
National Medical Devices Policy: The Union government on Wednesday approved National Medical Devices Policy with an aim to increase domestic production and reduce imports of such equipment.
New Delhi: Aadhaar holders have carried out nearly 2.31 billion authentication transactions in the month of March 2023, indicative of the growing usage of Aadhaar and the growth of the digital economy in the country, the Ministry of Electronics & IT (MeitY) said on Wednesday (April 26). The numbers in March outpaced February's 2.26 billion authentications.
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