IBT Business Desk

Articles by IBT Business Desk

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UPI transactions may touch 25 billion by end of 2025, predicts Rongala

The mega success story of Unified Payments Interface (UPI) continues, and it would be no surprise if the number of UPI transactions touches 25 billion a month towards the end of 2025, industry experts said on Monday.

Dec 2, 2024

Adani Enterprises to launch maiden Rs 800 crore retail bond issue on September 4

CRISIL reaffirms strong credit ratings for Adani Group firms

CRISIL Ratings has reaffirmed its strong credit ratings for Adani Group companies in its latest report released on Friday.

Nov 29, 2024

Indian startups raise $9.2 bn in VC funding from January to October: Report

About 984 venture capital (VC) funding deals were announced in India during January-October 2024, and the total disclosed funding value of these jumped by 44.4 per cent YoY to $9.2 billion during the same period.

Nov 29, 2024

Sensex plunges 1,190 pts, Nifty closes below 24,000

The Indian stock market ended in red on Thursday as Sensex and Nifty were down by more than 1 per cent.

Nov 28, 2024

Indian Railways launches hi-tech water level monitoring system for trains

Indian Railways rakes in Rs 12,159 crore from festive rush

Indian Railways raked in a revenue of Rs 12,159.35 crore from ticket sales during the festive period that stretched from September 1 to October 31 this year, according to data tabled in Parliament.

Nov 28, 2024

Sales under telecom PLI reach Rs 65,320 crore, exports at Rs 12,384 crore: Centre

The production-linked incentive (PLI) scheme for telecom and networking products has seen 42 applicant companies (including 28 MSMEs) with a cumulative investment of Rs 3,925 crore and exports reaching Rs 12,384 crore.

Nov 27, 2024

Myntra hosts Rising Stars D2C Summit to boost India's beauty brand ecosystem

In its commitment to provide impetus to made-in-India homegrown beauty and personal care brands Myntra recently hosted the first edition of one-of-its-kind 'Myntra Rising Stars (MRS) Beauty Summit'.

Nov 27, 2024

Adani Portfolio stocks rally up to 20 pc, Group adds Rs 1.25 lakh crore to its market cap

The Adani Group saw a stupendous rise in its market capitalisation on Wednesday, adding nearly Rs 1.25 lakh crore to its value, as shares of its portfolio of companies rallied by up to 20 per cent, led by Adani Power and Adani Green.

Nov 27, 2024

Sensex climbs 240 points, Nifty up 72 points in early trade

Sensex ends in green, Adani Ports top gainer

The Indian stock market ended in green on Wednesday as buying was seen in the energy, commodities, and the PSE sectors.

Nov 27, 2024

Centre completes auction of 9 coal mines, to yield Rs 1,446 crore annual revenue

The Ministry of Coal announced on Wednesday that it has successfully auctioned 9 mines as part of the 10th round of commercial coal mine auctions.

Nov 27, 2024

India needs large-scale worker housing infra to truly unleash manufacturing: Report

To truly unleash Indian manufacturing, the country must think of building dense, large-scale worker housing as infrastructure, that can reap coordination and externality benefits for several stakeholders and ensure great public returns.

Nov 26, 2024

India sees all-time high deal numbers in real estate sector in July-Sep

India's real estate sector to cross $4.8 trillion by 2047: Report

The Indian real estate sector is set to cross $4.8 trillion in market size by 2047, contributing over 18 per cent to the projected $26 trillion GDP target for the year, according to a joint report by real estate body CREDAI and Ernst & Young released on Tuesday.

Nov 26, 2024

Google showcases its first foldable smartphone 'Pixel Fold'

Global foldable smartphone shipments decline in Q3, Samsung leads

Global foldable smartphone shipments declined 1 per cent in the third quarter this year. Samsung reclaimed the top spot with a 56 per cent market share.

Nov 26, 2024

Sensex and Nifty down 1 pc in early trade amid heavy selling

Indian stock market opens in green after two robust bull sessions

The Indian stock market opened in green on Tuesday after witnessing two robust trading sessions, as buying was seen in the realty sector in early trade.

Nov 26, 2024

Shaktikanta Das 25th governor of the Reserve Bank of India (RBI)

Shaktikanta Das hospitalised, RBI says 'no cause for concern'

The Reserve Bank of India (RBI) Governor Shaktikanta Das was hospitalised here earlier in the day with a minor health issue.

Nov 26, 2024

Hiring outlook in India up 7 pc for Oct-Dec quarter, strongest globally: Report

Demand for entry-level talent surges 59 pc in India's tech sector

Hiring in the Indian tech sector rebounded in the second quarter (Q2) this fiscal, with demand for entry-level talent making up 59 per cent of job listings

Nov 25, 2024

IPL 2025 Auction: Pant was always in our bucket list, says LSG's Shashwat Goenka

Rishabh Pant etched his name into IPL history on Sunday at the Abadi Al Johar Arena in Jeddah by becoming the most expensive player ever purchased in the league's history when Lucknow Super Giants (LSG) secured the wicketkeeper-batter for whooping Rs 27 crore.

Nov 25, 2024

Sensex snaps 3-day losing streak on rebound in FMCG and Pvt Bank shares

Sensex closes up by 992 points, Adani Ports, L&T top gainers

Indian equity markets closed in the green on Monday as heavyweights like Adani Ports, L&T, SBI, HDFC Bank, and ICICI Bank uplifted the market sentiment.

Nov 25, 2024

Fintech firm Lendingkart clocks 6 pc profit drop at Rs 175 crore in FY24

Fintech company Lendingkart has reported almost 6 per cent drop in profit after tax (PAT) at Rs 174.92 crore in FY24 from Rs 185.93 crore in FY23.

Nov 25, 2024

Adani Portfolio delivers robust results, asset base surpasses record Rs 5 lakh crore

The Adani Portfolio of companies on Monday reported record results for the first half of this fiscal (H1 FY25) as well as the trailing-twelve-month (TTM) period. In H1 FY25, the portfolio companies invested Rs 75,277 crore, increasing the total gross assets to a record Rs 5.53 lakh crore.

Nov 25, 2024

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Articles by IBT Business Desk

UPI transactions may touch 25 billion by end of 2025, predicts Rongala

CRISIL reaffirms strong credit ratings for Adani Group firms

Indian startups raise $9.2 bn in VC funding from January to October: Report

Sensex plunges 1,190 pts, Nifty closes below 24,000

Indian Railways rakes in Rs 12,159 crore from festive rush

Sales under telecom PLI reach Rs 65,320 crore, exports at Rs 12,384 crore: Centre

Myntra hosts Rising Stars D2C Summit to boost India's beauty brand ecosystem

Adani Portfolio stocks rally up to 20 pc, Group adds Rs 1.25 lakh crore to its market cap

Sensex ends in green, Adani Ports top gainer

Centre completes auction of 9 coal mines, to yield Rs 1,446 crore annual revenue

India needs large-scale worker housing infra to truly unleash manufacturing: Report

India's real estate sector to cross $4.8 trillion by 2047: Report

Global foldable smartphone shipments decline in Q3, Samsung leads

Indian stock market opens in green after two robust bull sessions

Shaktikanta Das hospitalised, RBI says 'no cause for concern'

Demand for entry-level talent surges 59 pc in India's tech sector

IPL 2025 Auction: Pant was always in our bucket list, says LSG's Shashwat Goenka

Sensex closes up by 992 points, Adani Ports, L&T top gainers

Fintech firm Lendingkart clocks 6 pc profit drop at Rs 175 crore in FY24

Adani Portfolio delivers robust results, asset base surpasses record Rs 5 lakh crore

Ranveer Singh touches Sanjay Leela Bhansali's feet; Sara Ali Khan, Aditi Rao Hydari radiate in ethnic outfits at reception

Omar lambasts "arrogant" Congress after BJP's historic victory; Mehbooba reacts [details]

BJP leads in 53 seats, crosses majority mark in Chhattisgarh

Ranbir Kapoor's fans burst crackers inside theatres during Animal screening; fans say 'low budget Salman Khan' fans'