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Global smartphone market up 8 pc, average selling price reaches highest level
Business

Global smartphone market up 8 pc, average selling price reaches highest level

New Delhi, Aug 2: Global smartphone shipments grew 8 per cent (year-on-year) in the second quarter of 2024, as Samsung retained the top position globally, accounting for 19 per cent share, a report said on Friday. Global smartphone revenues also went up 8 per cent YoY, while the average selling...
Chip giant Intel to lay off 15,000 employees, reduce spending by $10 bn
Business

Chip giant Intel to lay off 15,000 employees, reduce spending by $10 bn

San Francisco, Aug 2: Chip-maker Intel has announced to lay off more than 15 per cent of its workforce or about 15,000 employees after posting a poor quarterly earnings and dismal outlook. According to the company, the layoffs and other measures will reduce spending by $10 billion in 2025.“This is a...
Apple sets another quarterly revenue record in India: Tim Cook
Business

Apple sets another quarterly revenue record in India: Tim Cook

New Delhi, Aug 2: Apple has once again set quarterly revenue record (April-June period) in India, riding on robust local manufacturing amid the government's push and growing export figures. Apple CEO Tim Cook said during the company’s Q3 earnings call that they have set quarterly revenue records in...
Sensex trades high as NTPC, Asian Paints lead
Business

Sensex trades high as NTPC, Asian Paints lead

Mumbai, July 31: Indian equity indices opened in the green on Wednesday following positive cues from Asian peers. At 9.41 a.m., Sensex was up 82 points or 0.10 per cent, at 81,542 and Nifty was up 30 points or 0.12 per cent, at 24,887. The market trend remained positive. On the National Stock...
Over 20 lakh active vacancies available on NCS portal: Centre
Business

Over 20 lakh active vacancies available on NCS portal: Centre

New Delhi, July 31: Bridging the gap between job seekers and employment opportunities across diverse sectors, the Central government's National Career Service (NCS) portal has surpassed 20 lakh active vacancies. The current job opportunities available on the NCS Portal span several sectors,...
SEBI launches India
Business

SEBI launches India's 1st website for passive funds at NSE, unveils report on...

Mumbai, July 30: The Securities and Exchange Board of India (SEBI) on Tuesday launched India's first website for passive funds at the National Stock Exchange (NSE), along with unveiling a comprehensive report on the Indian Capital Markets. The website provides a comprehensive platform for retail...
Lok Sabha approves Rs 48.21 lakh crore Union Budget 2024-25
Business

Lok Sabha approves Rs 48.21 lakh crore Union Budget 2024-25

New Delhi, July 30: The Lok Sabha on Tuesday approved the Rs 48.21 lakh crore Union Budget for 2024-25 aimed at giving a major push to job creation with a focus on the country’s youth, empowering women and improving the incomes of farmers.The Union Budget and the Budget for J&K, which was also...
India key market for fastest-growing Nothing, will expand footprint: Co-founder Akis Evangelidis
Business

India key market for fastest-growing Nothing, will expand footprint: Co-founder...

New Delhi, July 31: India is a key growth market for us and this year has been about scaling up by expanding our smartphone portfolio, leveraging cutting-edge design and user experience innovations into different market segments, Akis Evangelidis, Co-founder of global technology brand Nothing, said...
India fastest-growing market, offers huge opportunity for us: Top Samsung executive
Business

India fastest-growing market, offers huge opportunity for us: Top Samsung...

New Delhi, July 30: Signalling the growing importance of India for the South Korean giant, Jong-Hee (JH) Han, Vice Chairman, CEO and Head of the Device eXperience (DX) Division at Samsung Electronics, said on Tuesday that the country is one of the biggest and fastest-growing markets globally and...
Sensex trades flat on mixed global cues
Business

Sensex trades flat on mixed global cues

Mumbai, July 30: Indian equity indices opened flat on Tuesday following mixed global cues. At 9.38 a.m., Sensex was at 81,409, up 53 points. Nifty was up 24 points or 24,860. The market trend remained positive. On the National Stock Exchange (NSE), 1,488 shares remained in the green and 538 shares...
Iron ore production doubles, limestone output jumps 37 per cent after mining sector reforms: Govt
Business

Iron ore production doubles, limestone output jumps 37 per cent after mining...

New Delhi, July 29: The mining sector reforms introduced by the Centre have turned out to be "instrumental" in augmenting the production of key minerals in the country, Union Minister of Coal and Mines G. Kishan Reddy told the Parliament on Monday. The production of iron ore has doubled from 129...
Business

'Excited for future collaborations': Gautam Adani after meeting FedEx CEO

New Delhi, July 29: Gautam Adani, Chairman of the Adani Group, on Monday had an "insightful meeting" with FedEx CEO Rajesh Subramaniam, adding that he is "excited" about future collaborations with the global logistics company.In a post on X, Gautam Adani appreciated Subramaniam for visiting Mundra...
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