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Business

Bourses should reconcile regulatory, market interests: NITI Aayog

Indian stock exchanges need to further reconcile their regulatory functions with market interests in order to protect and promote the interest of retail depositors, NITI Aayog Vice Chairman Rajiv Kumar said on Wednesday.

 


Samsung leads global smartphone market, Huawei pips Apple

Chinese tech conglomerate Huawei surpassed Apple to become the second largest smartphone brand worldwide in the second quarter of 2018 as South Korean giant Samsung continued to be the global leader, two reports said on Wednesday.


LATEST HEADLINES

Pakistan minister heading Asian cricket body, BCCI likely to withdraw from Asia Cup: Report


SC to hear plea seeking FIR against Justice Yashwant Varma in cash row


Trinamool MP Yusuf Pathan declines government's Operation Sindoor delegation invite


Suspected ISI agent arrested in UP's Rampur


Waterlogged roads stall Bengaluru traffic; Home Minister says 'authorities on job'


Will continue to work as party worker, says former PM Deve Gowda


Foreign secretary set to brief parliamentary panel on issues related to Pakistan


Andhra Pradesh: Four children die of suffocation after getting locked in parked car


5 killed, two injured as car falls onto dry riverbed in Maharashtra


Trump hopes for ceasefire progress in Russia-Ukraine war in Monday calls with Putin, Zelenskyy


Pune Porsche crash: Year on, kin of victims ask what happened to fast-tracking the case


Constitution does not support forced or fraudulent conversion: Allahabad High Court




Mobiles to drive India's 70% fashion accessory purchases by 2022: Report

By 2022, seven in ten fashion accessory purchases in India will be influenced by mobile phones, predicts a new Facebook-KPMG report said on Tuesday.

Nearly half of those mobile-influenced purchases will be driven by Facebook, amounting to a $110 billion sales opportunity, said the latest "Zero Friction Future" report.

Reliance Industries topples TCS with highest market capitalisation

Reliance Industries Ltd (RIL) on Tuesday surpassed Tata Consultancy Services (TCS) in market capitalisation (market-cap) in India.

At 1.08 p.m., the market-cap of Reliance Industries on the BSE stood at around Rs 7.47 lakh crore, against the Rs 7.39 lakh crore worth of market-cap of Tata Consultancy Services.

Rs 15,167 cr unclaimed money lying with life insurance companies

A staggering amount of Rs 15,167 crore amount belonging to policyholders is lying unclaimed with 23 life insurance companies, according to latest regulatory data.

 

Sensex, Nifty continue to climb new highs; consumer durables, FMCG stocks rise

The bull run in the domestic equity indices continued on Friday, with both the S&P BSE Sensex and the NSE Nifty50 climbing to fresh record levels.

Equity indices hit record highs; Sensex touches 37,000-mark

The S&P BSE Senseex and the NSE Nifty50 touched thier new record highs during the intra-day trade session on Thursday.

Qualcomm scraps $45 bn NXP deal after no response from China

San Diego-based chipmaker Qualcomm has walked away from buying Dutch firm NXP Semiconductors for $45 billion after the Chinese regulators did not grant last-minute approval to the deal.

Facebook lost $120 bn in market value over slow growth

Facing global backlash over the massive Cambridge Analytica data scandal, Facebook stock nosedived 20 per cent -- wiping over $120 billion off the company's market value -- after its revenue and user growth in the second quarter of 2018 fell short of investor expectations.

Indian-US couple make $2 bn on sale of firm started with $2000

Syntel co-founders, Bharat Desai and his wife Neerja Sethi, have seen their rankings dive on the Forbes Richie Rich lists in the past few years. Desai, who was ranked the richest Indian-American in the World Billionaires list in 2014, came in at No. 1999 in the 2018 rankings. Similarly, Sethi ranked 21st on the magazine's list of America's 60 self-made richest women, down from rank 14 in 2015.

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