New Delhi, July 16 (IANS) There has been no slowdown in the appetite for Apple within the smartphone secondary market and its share in the global market for refurbished market was over 44 per cent in the second half of 2020, according to a new report. In addition, Apple’s secondary...
MG Motor India launches New ZS EV 2021 with a 419 KM* certified range in Guwahati
ZS EV is now available across 37 cities in the country Guwahti, July 16, 2021: MG Motor India launched the new ZS EV 2021 priced at Rs. 20, 99,800 in Guwahati. The updated version comes with a best-in-class 44.5 kWh Hi-Tech battery and has a certified range of 419 KM*....
Big relief to central employees, dearness allowance announced to increase from 17% to 28%
New Delhi: The Central Government on Wednesday announced an increase in dearness allowance from 17 per cent to 28 per cent, giving relief to the central employees. After the cabinet meeting, Union Minister Anurag Thakur said in a press conference that Dearness Allowance (DA) for central government employees and pensioners...
India’s June WPI inflation eases on lower food prices
New Delhi: Lower food prices aided in sequentially lowering India's annual rate of inflation based on wholesale prices in June. However, the inflation rate alarmingly remained above the 12 per cent mark. Accordingly, WPI rose by 12.07 per cent in June from a rise of 12.94 per cent in May....
Zomato IPO fully subscribed
Mumbai: The much anticipated initial public offering (IPO) of online food delivery company Zomato opened on Wednesday at Rs 72-76 per share offer and was fully received by the retail investors.The retail segment of the offering has been fully subscribed in just over an hour. So far, the IPO has...
Stock market continued to rise for the second consecutive day
Mumbai: The stock market was able to gain momentum for the second consecutive day today on the back of strong buying by IT and Tech group companies at the domestic level amid weak cues from the global level. BSE's 30-share sensitive index Sensex rose 134.32 points to 52904.05 and National...
Recovery in textiles to take ‘mid-term time frame’: Raymond
New Delhi: Terming the pandemic-impacted April-June 2020 quarter as ''the darkest hour of the fiscal'', the country's leading player in suiting and shirting Raymond said a recovery in the segment would take a ''mid-term time frame'' when life is back to normalcy, primarily driven by occasion- and celebration-led dressing along...
Baba Ramdev’s company will sell 9 percent stake
Baba Ramdev-owned edible oil company Ruchi Soya has filed draft documents with SEBI for a follow-on public offer (FPO) of Rs 4,300 crore. This FPO is being brought for SEBI's requirement of at least 25 percent public shareholding in the company. SEBI on Saturday filed its Red Herring Prospectus (DRHP)...
Strong rise in domestic stock market
Mumbai: Amidst positive trends at the global level, the business started with an increase today. During intraday trading, the Sensex had crossed 52,800 today but after that it declined marginally and closed below 52,800. Nifty was also bullish today and it closed above 15,800. At the close of trading, the...
Industrial production grew by 29.3% in May
New Delhi: India's industrial production (IIP) grew by 29.3 per cent in May this year due to a very low base effect in May last year. IIP growth was 134 per cent in April 2021 due to the low base effect. The growth of March IIP was recorded at 22.4...