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ECONOMY
TVS Motor sold 2.38 lakh units in April
Chennai: Two and three-wheeler maker TVS Motor Company Ltd on Monday said it closed last month selling 238,983 units.
Last year the company had sold 9,640 units in April 2020 when the nation went under Covid-19 lockdown.
The company…
Equities in red, Sensex falls 700 points
Mumbai: The key Indian equity indices opened on a negative note on Monday with heavy selling in finance and banking stocks.
The BSE Sensex plunged as much as 754.29 points to touch an intra-day low of 48,028.07 points.
It has,…
Nepal decides to halt all domestic, int’l flights
Kathmandu: The Nepal government has decided to halt all domestic flights from Monday midnight and all international flights from Wednesday midnight until May 14 in an effort to curb the growing spread of Covid-19.
"The decision on…
Samsung maintains 2nd spot in tablet market in Q1, Apple leads
Seoul: Samsung Electronics remained the world's second-largest tablet computer vendor in the first quarter of the year, a report has showed, amid the market's robust growth driven by the stay-at-home economy.
The South Korean giant…
Sensex down 750 points, banking stocks plunge
Mumbai: The key Indian equity indices declined on Friday with the BSE Sensex plummeting around 750 points.
Heavy selling pressure was witnessed in banking and finance stocks.
Around 2.35 p.m., Sensex was trading at 49,015.62, lower…
International flights suspension extended till May 31
New Delhi: India on Friday extended the suspension on international commercial flight operations till May 31, 2021.
However, international passenger flights under air travel bubble arrangements will continue.
"In partial modification…
Sensex down 400 points, banking stocks fall
Mumbai: The key Indian equity indices declined on Friday morning with the BSE Sensex losing over 400 points.
Heavy selling pressure was witnessed in banking and finance stocks. However, buying in metal and oil and gas stocks restricted…
Amazon’s profits soar as online shopping surges amid pandemic
San Francisco: Riding on the continued surge in online shopping, Amazon has posted another record quarter, with sales soaring 44 per cent (on-year) to $108.5 billion.
Net income increased to $8.1 billion in the March quarter, compared…
Apple posts record $89.6B revenue, iPhones sales grow over 65%
Cupertino: Apple has posted a record revenue of $89.6 billion for its March quarter which is up 54 per cent (year-on-year), delivering strong double-digit growth in each of its product categories, especially iPhones.
Rising on iPhone 12…
Banks require prior RBI nod for appointment of statutory auditors
Mumbai: Commercial banks will have to take prior approval of the Reserve Bank of India (RBI) for appointment of Statutory Central Auditors (SCA) and Statutory Auditors (SAs).
The RBI on Tuesday issued of guidelines for appointment of…
