Business

GJEPC’s ‘Rapaport’ names PM Modi as ‘People of the Year 2023’

GJEPC’s ‘Rapaport’ names PM Modi as ‘People of the Year 2023’

Mumbai: The world’s most influential and most read diamond-focussed publication, ‘Rapaport’, has named Prime Minister Narendra Modi among the movers and shakers of the global diamond industry in the year 2023. Other members including Vipul Shah, chairman of The Gem & Jewellery Export Promotion Council (GJEPC); Gina Drosos, chief executive officer of Signet Jewellers; Feriel […]

Rupee rises 2 paise against USD

Rupee rises 2 paise against USD

Mumbai: The Rupee on Friday moved up two paise at 83.15 in opening session on selling of US Dollar by bankers and exporters, dealers at the Foreign Exchange said. The local unit rose on weak Dollar against other world currencies amid weak opening in equity in market. The Rupee recorded intra days high and low […]

Adani, Sirius announce JV to lead digital transformation

Adani, Sirius announce JV to lead digital transformation

New Delhi: Adani group on Thursday said it has entered into an agreement with Sirius International Holding Ltd to create a new joint venture named Sirius Digitech International Ltd seeking to deploy cutting-edge Artificial Intelligence (AI), Internet of Things (IoT) and Secured Blockchain products for industrial applications. Sirius JV will be owned 51% by Sirius […]

Sensex on top, up over 300 points

Sensex on top, up over 300 points

Mumbai: The BSE Sensex continued to climb as it spurted 378 points at 71,715.05, a new high as buying was seen across the board in the opening session on Wednesday. The National Stock Exchange (NSE) rose 121.05 points to 21,562.40. The Sensex registered intraday highs and lows at 71,728.78 and 71,473.65 points, respectively. The Nifty […]

Over 4.25 lakh tech employees lose jobs in last 2 yrs, 24 workers per hour

Over 4.25 lakh tech employees lose jobs in last 2 yrs, 24 workers per hour

New Delhi: As generative AI threatens millions of jobs, tech companies globally are now sacking employees even in the holiday season (they had spared workers in 2021 and 2022 festive seasons amid the global meltdown and started layoffs only in the first month of the New Year). Tech companies, including startups, around the world have […]

Sensex up over 100 points

Sensex up over 100 points

Mumbai: The BSE Sensex on Tuesday rallied 146 points at 71,253.63 as buying was seen across the board. The National Stock Exchange (NSE) rose 73.35 points to 21,422.75. The Sensex registered intraday highs and lows at 71,265.57 and 71,012.08 points, respectively. The Nifty recorded intraday highs and lows at 21,423.50 and 21,329.45 points, respectively. The […]

Rupee rises 4 paise against USD

Rupee rises 4 paise against USD

Mumbai: The Rupee on Friday gained four paise at 83.24 in opening session on selling of US Dollar by bankers and exporters, dealers at the Foreign Exchange said. The local unit advanced due to weak Dollar against other world currencies alongwith positive equity market in early trade. The Rupee recorded intra days high and low […]

Ashok Leyland secures order for 552 Buses from Tamil Nadu State Transport Corporation

Ashok Leyland secures order for 552 Buses from Tamil Nadu State Transport Corporation

Mumbai: Commercial Vechile major , Ashok Leyland on Thursday said that it has bagged an order from TNSTC (Tamil Nadu State Transport Corporation) for 552 Ultra-Low Entry (ULE) Diesel Non-AC buses. This order marks a groundbreaking collaboration between Ashok Leyland and TNSTC in the pursuit of “Mobility for All”, the Tamil Nadu state government’s commitment […]

Sensex opens all-time high at 71,647.66 points

Sensex opens all-time high at 71,647.66 points

Mumbai: The BSE Sensex on Wednesday opened a life-time high at 71,647.66 as buying was witnessed across the board. The National Stock Exchange (NSE) rose 136.80 points to 21,589.90. The Sensex registered intraday highs and lows at 71,880.15 and 71,647.66 points, respectively. The Nifty recorded intraday highs and lows at 21,591 and 21,525.15 points, respectively. […]

Rupee down 13 paise against USD

Rupee down 13 paise against USD

Mumbai: The rupee dropped 13 paise to 83.19 in the opening session on rising demand for the US dollar by bankers and importers, dealers at the Foreign Exchange said. The domestic unit was seen as weak owing to a strong dollar against other world currencies and a weak opening in the equity market. The rupee […]