Significant percentage of Indian firms hit by ransomware attacks in 2023: Sophos
Nearly 64 per cent of Indian organisations surveyed were hit by ransomware attacks in 2023, a latest report by Sophos said on Tuesday, noting that while the attack rates fell year-on-year, the impact on victims actually intensified. The average ransom demand was USD 4.8 million, with 62 per cent of demands...
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Stock markets rise for third day on buying in auto, metal shares
15 May 2024 | PTI -
Wholesale inflation rises to 13-month high of 1.26 pc in April, food costlier
14 May 2024 | PTI -
Markets climb in early trade as retail inflation eases in April
14 May 2024 | PTI -
India's imports from FTA partners up 38 pc during 2019-24 fiscal years: GTRI
13 May 2024 | PTI -
Indegene shares debut with nearly 46 pc premium
13 May 2024 | PTI -
Gold ETFs see first outflow after March 2023 at `396 crore on profit booking
13 May 2024 | PTI -
Evaluation of infrastructure requirements for achieving USD one trillion exports by September, says official
13 May 2024 | PTI
Anarock FY24 revenue rises 36 per cent to Rs 566 crore on higher earnings
Real estate consultant Anarock Group has posted a 36 per cent increase in its revenue to Rs 566 crore in the last fiscal, helped by better earnings from housing brokerage and other services. During 2022-23, the company posted a revenue of Rs 416 crore. Homegrown Anarock was established by Anuj Puri in...
India’s coal import rises eight per cent to 268 MT in FY24
India’s coal import rose by 7.7 per cent to 268.24 million tonne (MT) in FY24 driven by softness in seaborne prices and likelihood of increase in power demand during summer. The country’s coal import was 249.06 MT in FY23, according to data compiled by B2B e-commerce company mjunction services. Coal import...
Maruti Suzuki expects over 30 per cent jump in CNG vehicle sales at six lakh units in FY25
Maruti Suzuki India expects its CNG car sales to rise over 30 per cent to around 6 lakh units this fiscal, according to a senior company official. The country’s largest carmaker also aims to export around 3 lakh units in the ongoing financial year. “So CNG, this year, we did about 4,50,000...
Inflation data, Q4 earnings, global trends to drive stock markets this week: Analysts
Stock markets will be driven by domestic inflation data, ongoing quarterly earnings from corporates and global trends this week, analysts said. News flows around the general election would also be tracked by investors, market experts said. Besides, investors would also take cues from the trading activity of foreign investors, the movement of...
Large PSUs spend Rs 50,200 crore in capex in April
Large public sector companies have spent a little over Rs 50,200 crore towards capital expenditure in April FY25 alone, which is 6.46 per cent of their full fiscal target of Rs 7.77 lakh crore, an official said. The pace albeit is slower than Rs 54,177 crore capex spent in April FY24,...
Next round of talks for India, Asean trade pact review in July
Senior officials of India and the 10-nation bloc of Southeast Asian nations —ASEAN — will hold the next round of talks in July to review the existing free trade agreement in Jakarta, Indonesia, an official statement said on Sunday. The last round of the three-day negotiations concluded on May 9 in...
China largest trading partner of India in FY24 with USD 118.4 billion
China has emerged as the largest trading partner of India with USD 118.4 billion two-way commerce in 2023-24, slightly edging past the US, according to the data of economic think tank GTRI. The bilateral trade between India and the US stood at USD 118.3 billion in 2023-24. Washington was the top...
