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Home  Business

Business

RBI keeps interest rate unchanged for 11th time in a row, lowers GDP forecast to 6.6%

RBI keeps interest rate unchanged for 11th time in a row, lowers GDP forecast to 6.6%

  • Elon Musk’s xAI raises $6 billion to expand AI capabilities

    In May this year, the AI company behind Grok raised $6 billion to accelerate the research and development of future technologies. The company said the funds from the Series B funding round will be used to take xAI's first products to market and build advanced infrastructure
  • Hyundai Motor India to hike prices up to Rs 25,000 across models from Jan 1

    The price increase will be done across models, and the extent of increase will be up to Rs 25,000. The price increase has been necessitated owing to an increase in input costs, adverse exchange rate and increase in logistics costs, the automaker said in a statement
  • Hyderabad: PURE EV announces nationwide expansion

    Over the next 30 months, PURE EV, incubated from the i-TIC at IIT Hyderabad, aims to add 250 new dealerships, taking its total network to over 320 across India.
  • Honda to drive in 3 new models in India by FY27 to tap growth in SUV segment

    The company, which is present in India through a wholly-owned subsidiary, currently sells just one SUV model -- Elevate -- in the market with the other two products being Amaze and City sedans.
  • AirHelp Score Report rates IndiGo among world’s worst airlines; Airline refutes

    The 'AirHelp Score report 2024' placed the domestic carrier near the bottom at 103rd place out of 109 analysed. The report also ranked Air India at 61st and AirAsia at 94th
  • Sumadhura Group eyes Rs.2,500 crore revenue with new uber luxury residential offering

    Nestled in proximity to the thriving Financial District, Palais Royale will offer the residents a seamless connectivity to major business hubs, entertainment zones, and lifestyle destinations
  • Adani Group stocks extend rally for third straight day; Adani Green jumps 15%

    Shares of Ambuja Cements up by 2.90%, Sanghi Industries 2.44%, Adani Ports 2.25%, Adani Wilmar 2.24%
  • Shares of nine Adani Group firms trade higher; Adani Total soars 19%

    The stock of Adani Total Gas soared 18.58 per cent, Adani Power zoomed 11.44 per cent, Adani Energy Solutions jumped 9.99 per cent
  • Mahindra launches two new EVs ‘BE 6e’ and ‘XEV 9e’

    The newly launched EVs are built on a grounds-up revolutionary electric origin architecture INGLO and are powered by MAIA.
  • Sensex, Nifty rebound on Adani stocks rally and foreign fund inflows

    The BSE benchmark Sensex gained 230.02 points, or 0.29%, closing at 80,234.08. It had earlier surged by 507.09 points, or 0.63%, to reach 80,511.15 during the day. The NSE Nifty rose by 80.40 points, or 0.33%, ending at 24,274.90. Among the 30 Sensex stocks, Adani Ports saw a 6% rise, while other gainers included NTPC, HDFC Bank, Bajaj Finance, Maruti, and Axis Bank.
  • Honda unveils ACTIVA e: and QC1 electric scooters, bookings start from Jan 1

    Bookings for the latest offerings will commence from January 1 next year while the deliveries will start from February, Honda Motorcycle &Scooter India Ltd (HMSI) said without revealing the vehicles' prices.
  • Silver rates in Hyderabad drop to lowest since October

    Market experts attribute recent slump to global factors, including declining industrial demand and fluctuations in international commodities market
  • Real Estate Simplified: How NearEstate.in Hyderabad’s Startup is Changing the Game for Property Developers

    This immersive platform is transforming how properties are showcased, enabling developers to engage buyers more effectively and drive sales with ease.
  • Ola Electric launches Gig and S1Z range of scooters

    Ola Electric has said that the new range of scooters offers durable, reliable, affordable, and flexible solutions, including removable batteries, fulfilling personal and commercial use cases of rural, semi-urban, and urban customers
  • Internationalisation of UPI progressing rapidly: RBI

    The UPI hit a milestone of 16.6 billion transactions in a month in October, with improvements in its capabilities like successful instant debit reversals at 86 per cent (77 per cent in the same month last year)
  • Majority of Adani Group stocks trade lower for second day on trot

    Adani Green Energy dropped 10.95 per cent and Adani Energy Solutions tumbled 8.57 per cent to hit the 52-week low of Rs 637.85 on the BSE
  • Ola Electric set to lay off 500 employees amid poor results

    The company reported 43% increase in net loss at Rs 495 crore in the July-September period, from Rs 347 crore in the previous quarter
  • WhatsApp to introduce feature that transcribes voice messages to text

    Transcripts are rolling out globally over the coming weeks with a few select languages to start, and the company plans to add more languages over the coming months
  • Moody’s to review Adani Group’s governance after bribery charges

    Moody's Ratings stated that the indictment of Adani Group's chairman and other senior officials on bribery charges is "credit negative" for the group's companies. Billionaire Gautam Adani has been accused by U.S. prosecutors of participating in a scheme to pay over $250 million (approximately ₹2,100 crore) in bribes to Indian officials to secure favorable terms for solar power contracts.
  • After US indictment, Adani Group stocks shed Rs 2.45 lakh cr market value

    Stock of the group's flagship firm Adani Enterprises plunged 22.99 per cent, Adani Ports dived 20 per cent, Adani Energy Solutions tanked 20 per cent
  • Zomato CEO announces job opening; Says no salary for one year, candidate needs to pay Rs.20 lakh as fee

    he job which is based at Zomato's headquarters in Gurugram requires a candidate with 'hunger,' 'empathy,' 'common sense' and 'not a lot of experience'
  • Hyderabad’s real estate shows signs of slowdown, unit sales dip significantly

    According to ANAROCK data, city saw 7% drop in number of homes sold between April and September 2024 compared to the same period last year
  • Is work from home beneficial for Indian companies?

    The study, titled "Work-from-Home: Benefits and Costs: an Exploratory Study in the Indian Context", stated that Covid has given rise to many alternative systems, and work from home is a prominent outcome altering the employment ecosystem
  • Equity indices dip on foreign outflows, IT sell-off, and weak US cues

    The BSE Sensex dropped 156.72 points to 77,423.59 in early trade, while the NSE Nifty fell 64.25 points to 23,468.45. Key laggards from the 30-share Sensex included Infosys, Tech Mahindra, HCL Technologies, TCS, NTPC, Axis Bank, Tata Motors, and IndusInd Bank.
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