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PUNE: For the first time, the smartphone market in India crossed the 30 million unit shipments milestone in the third quarter of this year, the International Data Corp (IDC) reported on Tuesday. According to IDC’s Quarterly Mobile Phone Tracker, smartphone shipments clocked 32.3 million units in Q3 2016 with 17.5 pct growth over…
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The United States has said its decision to grant India a temporary waiver to purchase certain Russian oil supplies is a short-term move aimed at stabilising global crude prices amid supply disruptions linked to tensions in the Middle East.US energy secretary Chris Wright said the measure is intended to quickly bring oil stored in floating…
Check out some of the companies making the biggest moves midday: Hims & Hers Health – Shares of the telehealth company jumped 3%. Bank of America upgraded the stock to neutral from underperform after Novo Nordisk dropped its patent infringement case against Hims, and the companies agreed that Hims would sell Novo’s Ozempic and Wegovy…
Wakefit Innovations entered the Dalal Street on a muted note on Monday with its shares trading at Rs 195 on the NSE, matching its issue price. On the BSE it opened slightly lower at Rs 194.1.However, later the stock price jumped to over Rs 200 on both the benchmarks. On the Bombay Stock Exchange, Wakefit…
Credit provided by India’s capital markets could eventually surpass bank lending, Kotak Mahindra AMC managing director and CEO Nilesh Shah said on Tuesday, underscoring a structural shift in how the economy is financed.Speaking at an event in Mumbai, Shah said credit, which was traditionally dominated by banks, is increasingly being provided by capital markets and…
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Army rescues ailing woman in a hilly village Chill | Representative image (AI generated) JAMMU: In a swift, humanitarian response, the Army successfully evacuated a critically ill woman from a remote village, Chill, at an altitude of 7,500 feet in Dudu-Basantgarh of Udhampur district in the Jammu division on Monday.Lieutenant colonel Suneel Bartwal, PRO (Defence)…
