Apple clinches strong double digit growth in India

Apple clinches strong double digit growth in India

Saturday, 04 May 2024 | PTI | New Delhi

Apple CEO Tim Cook on Friday said the company grew strong double-digit in India, clinching a new March quarter revenue record amid an “incredibly exciting market”. Describing India market as a “major focus”, Cook said Apple is working on the entire ecosystem from developer to the market to operations, and that...

Jindal Stainless to operate stainless steel melt shop in Indonesia

Jindal Stainless to operate stainless steel melt shop in Indonesia

Friday, 03 May 2024 | Pioneer News Service | New Delhi

Jindal Stainless, on Wednesday, announced its entry into a joint venture with a Singapore-based company to develop and operate a stainless steel melt shop (SMS) in Indonesia. The company further announced that it will invest around rupees 1,900 crores to expand its downstream lines in Jajpur and Odisha to increase...

American Express will open its campus in India

Friday, 03 May 2024 | PNS | New Delhi

American Express will open its state-of-the-art campus in India, reaffirming the company’s commitment to the country. Spanning nearly one-million square feet, this new facility exemplifies a forward-thinking approach to workplace design, sustainability, health, and wellness for its colleagues. Colleagues will begin moving to the new facility, located in sector 74A Gurugram,...

Rupee falls 3 paise to settle at 43.46 against US dollar

Friday, 03 May 2024 | PTI | Mumbai

The rupee stayed range-bound and closed 3 paise lower at 83.46 (provisional) against the US dollar on Thursday amid a strong American currency and rising crude oil prices in global markets. Forex traders said positive sentiment in the domestic equity markets and the inflow of foreign capital capped a sharp fall...

Paul John Nirvana bags Gold medal in London competition

Friday, 03 May 2024 | Pioneer News Service | New Delhi

John Distilleries Ltd’s Paul John single malt whiskey ‘Nirvana’ has been awarded “Gold” medal in the prestigious London Spirits Competition 2024. JDL’s two other offerings — Roulette London Dry Gin and Paul John XO Brandy — have also won ‘Silver’ medals. JDL is the only Indian company to have been...

China, Hong Kong account for 56 per cent of India’s total imports of electronics, telecom, electrical products: GTRI

Friday, 03 May 2024 | PTI | New Delhi

India’s imports of electronics, telecom, and electrical products soared to USD 89.8 billion in 2023-24 and over half of these imports are sourced from China and Hong Kong, economic think tank GTRI said in its report. China dominates with a commanding 43.9 per cent share of India’s imports in electronics, telecom,...

Federal Bank Q4 profit rises marginally to Rs 906 crore

Friday, 03 May 2024 | PTI | Mumbai

Federal Bank on Thursday reported a marginal rise in March quarter net profit at Rs 906 crore, impacted by pension provisions.  In the year-ago period, profit was Rs 903 crore. In the full fiscal year FY24, profit increased to Rs 3,720 crore from the year-ago’s Rs 3,010 crore. The private sector...

Digital payment has transformed financial landscape: Airtel Payments Bank CEO

Friday, 03 May 2024 | PTI | New Delhi

Airtel Payments Bank CEO Anubrata Biswas is optimistic that the payments bank momentum in India will yield strong growth horizons and opportunities in the coming years, supported by financial inclusion imperatives and rapid pace of economic and digital growth. In an interview to PTI, Biswas said FY24 has been a “remarkable...

Sunday Edition

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