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The initial public offering of Billionbrains Garage Ventures, the parent company of stock broking firm Groww, got fully subscribed on the second day of share sale on Thursday. The company’s IPO received bids for 39,16,33,950 shares, as against 36,47,76,528 shares on offer, translating into 1.07 times subscription, as per data available with the NSE till…
Smartphone prices have gone up by up to ₹2,000 in India due to sustained price escalation of the storage components used in mobile phones, and is likely to affect new smartphone launches this year and in 2026 with prices expected to go up by up to ₹5,000. The new prices are effective from November 4,…
“China is going to win the AI race,” Huang told the newspaper on the sidelines of the Financial Times’ Future of AI Summit [File] | Photo Credit: REUTERS Nvidia CEO Jensen Huang has warned that China will beat the United States in the artificial intelligence race, the Financial Times reported on Wednesday. “China is going…
Read More “Nvidia’s Jensen Huang says China is going to win the AI race: Report” »
At the interbank foreign exchange, the rupee opened at 88.51 and went up to 88.49 before trading at 88.62 against the greenback in early deals, up 8 paise from its previous closing level. | Photo Credit: Getty Images/iStockphoto The rupee appreciated 8 paise to 88.62 against the U.S. dollar in early trade on Thursday (November…
Read More “Rupee rises 8 paise to 88.62 against U.S. dollar in early trade” »
View of a screen outside the Bombay Stock Exchange (BSE) in Mumbai. File | Photo Credit: Reuters Benchmark indices Sensex and Nifty rebounded in early trade on Thursday (November 6, 2025), tracking a rally in global markets and buying in blue-chip stocks. The 30-share BSE Sensex climbed 376.89 points to 83,836.04 in early trade. The…
The upcoming Household Income Survey, 2026, which is going to be the first of its kind, could offer the clearest picture yet of India’s households, revealing how they are coping, changing, and moving towards the future. However, the challenge with such an exercise lies in the sensitive nature of questions about individual income, which many…
Read More “Challenges facing the upcoming income survey | Explained” »
File photo of Aurobindo Pharma office. | Photo Credit: The Hindu Aurobindo Pharma reported September quarter consolidated net profit rose nearly 4% to ₹848 crore compared with ₹817 crore a year earlier aided by higher formulations revenue. The net profit came on a more than 6% increase in the revenue from operations of the Hyderabad-headquartered…
Read More “Aurobindo Pharma Q2 net rises 4% to ₹848 crore” »
City Union Bank logo. Photo: Facebook/City Union Bank City Union Bank on Monday (November 3, 2025) reported a 15% rise in net profit at ₹329 crore for the second quarter ended September 30, 2025. The bank had earned a net profit of ₹285 crore in the year-ago period. Total income also increased to ₹1,912 crore…
Read More “City Union Bank profit rises 15% to ₹329 crore in Q2” »
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Union Minister of Commerce and Industry Piyush Goyal meets New Zealand Trade Minister Todd McClay, in New Delhi. File | Photo Credit: ANI Agricultural technology sharing and methods to increase output are a “big part” of the negotiations between New Zealand and India on a free trade agreement (FTA), New Zealand’s Minister for Trade and…
