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IT services company Infosys on Wednesday (February 19, 2025) said it did not use force or intimidation tactics when it laid off trainees at Mysuru campus over performance-related issues, and that it was explaining the circumstances to the labour department authorities. In an interview to PTI, Shaji Mathew, Chief Human Resources Officer at Infosys, however,…
The 30-share BSE benchmark Sensex dipped 28.21 points or 0.04% to settle at 75,939.18. Intra-day, it hit a high of 76,338.58 and a low of 75,581.38, gyrating 757.2 points. | Photo Credit: PTI Benchmark indices Sensex and Nifty ended marginally lower in a volatile trade on Wednesday dragged by blue-chip IT stocks. The 30-share BSE…
Read More “Sensex, Nifty end marginally lower amid volatile trade” »
Tesla electric vehicles. File | Photo Credit: Reuters Tesla has selected locations for two showrooms in the Indian cities of New Delhi and Mumbai, moving closer to its long-delayed plans to sell its electric cars in the country, sources familiar with the matter said. The U.S. carmaker has been hunting for showroom space in…
Read More “Tesla picks showroom sites in New Delhi, Mumbai to start India sales, sources say” »
View of Container Terminal at Jawaharlal Nehru Port Trust. File | Photo Credit: The Hindu Jawaharlal Nehru Port Authority (JNPA) said it has signed a Memorandum of Understanding (MoU) with NMDC Group PJSC (Formerly National Marine Dredging Company PJSC) for the construction of the Vadhvan Port Project Ltd. in Maharashtra. As per the MoU NMDC Group…
Read More “UAE’s NMDC Group plans to invest ₹21,000 crore at Vadhvan Port, signs MoU with JNPA” »
Toyota Land Cruiser 300 | Photo Credit: Special Arrangement Toyota Kirloskar Motor has announced the opening of bookings for Sports Utility Vehicle (SUV) the Land Cruiser 300, known for power, luxury and off-roading capability. The Completely-built unit (CBU), will be an imported model from Japan and be available in two grades — ZX and GR-S….
Read More “Toyota Land Cruiser 300 bookings open with prices starting ₹2.31 crore” »
Bombay Stock Exchange (BSE). | Photo Credit: ANI Benchmark indices Sensex and Nifty began the trade on a weak note on Wednesday (February 19, 2025), but later bounced back, driven by buying in blue-chip bank stocks and fresh foreign fund inflows. The 30-share BSE benchmark Sensex declined 386.01 points to 75,581.38 in early trade. The…
Representational image. | Photo Credit: REUTERS The Economic department of State Bank of India (SBI) has pegged India’s Gross Domestic Product (GDP) growth for Q3 FY25 at 6.2% to 6.3%. “Impinging upon our in-house developed ‘Nowcasting Model’ that leverages 36 high frequency indicators, we estimate the GDP growth for Q3 FY25 should come around 6.2%-6.3%…
Read More “SBI pegs India’s Q3FY25 GDP growth at 6.2%-6.3%” »
Only a fraction of the envisaged allocations was actually spent on justice-related schemes The Central government has consistently reduced budget allocations to certain justice-related schemes and projects since 2019, shows the recently released India Justice Report 2025-26. Data also show that not only have allocations reduced, but also, only a fraction of the envisaged allocations…
Read More “Centre’s allocations for justice-related schemes fluctuate” »
Two and three wheeler major TVS Motor Company has rolled out its 2025 edition 225 cc motorcycle ‘Ronin’ upgraded with safety features besides adding two new colors priced at Rs 1.35 lakh ex-showroom onwards, a senior company official said on Tuesday (February 18, 2025). TVS RONIN has redefined motorcycling by blending the timeless appeal of…
Read More “TVS Motor launches 2025 edition TVS Ronin at Rs 1.35 lakh ex-showroom” »
The Labour Force Participation Rate was 39.6% for people of all ages. Representational file image. | Photo Credit: Reuters The unemployment rate in the urban areas of the country was 6.4% for the period of October to December 2024 for persons of age 15 years and above, according to the Periodic Labour Force Survey (PLFS)…
Read More “Slight dip in unemployment rate in urban areas, says survey” »