[ad_1] Apple Inc.’s shares plunged 4% to a low of $193.46 on Friday after US President Donald Trump threatened to impose a new 25% levy on the iPhone maker if it continues manufacturing devices outside the United States.The warning came amid escalating trade tensions, as Trump also proposed a sweeping 50% tariff on goods from…
[ad_1] NEW DELHI: The Telangana Gig and Platform Workers’ Union (TGPWU) has raised concerns with the state’s Labour Department regarding alleged “exploitative practices” by Zepto. The quick commerce platform has denied these allegations.In a letter to officials and Zepto’s CEO, the union claimed workers are denied basic labour protections despite their key role in deliveries….
[ad_1] Wipro Executive Chairman Rishad Premji’s remuneration more than doubled to $1.6 million (about Rs 13.7 crore) but was still less than company CEO Srinivas Pallia’s earnings of $6.2 million (about Rs 53.64 crore) in the fiscal year ended March 31, 2025, according to the company’s latest annual report.Premji, in the fiscal year 2023-24, did…
[ad_1] The Indian rupee broke a three-day losing streak on Friday, appreciating by 50 paise to settle at Rs 85.45 against the US dollar, buoyed by a sharp decline in the dollar index and strong performance in domestic equities.A rise in global risk appetite also supported the local currency, despite lingering pressure from crude oil…
[ad_1] In 2024, more than 1.65 lakh Schengen visa applications from India were denied, resulting in a financial loss of nearly Rs 136 crore in non-refundable fees. With each application costing an average of €85 (Rs 8,270), India ranked third globally in terms of money lost to visa rejections, after Algeria and Turkey, according to…
[ad_1] NSE maintains leadership in equity and derivative segments with over 11.3 crore registered investors. The National Stock Exchange (NSE) Initial Public Offering or IPO, one of the most anticipated IPOs in India, is expected to get a green signal from the Sebi soon. NSE dominates India’s stock market landscape as the premier exchange, commanding…
[ad_1] With fixed deposit rates steadily declining due to Reserve Bank of India (RBI) rate cuts and abundant liquidity, risk-averse investors are turning their attention to the RBI’s floating rate savings bonds. These bonds currently offer attractive annual yields of up to 8.05% for a 7-year tenure, providing a more lucrative and safer alternative to…
[ad_1] The Reserve Bank of India (RBI) on Friday announced it will pay a record dividend of Rs 2.69 lakh crore to the government for the fiscal year ended March 2025, marking a 27.4 percent increase from the Rs 2.1 lakh crore transferred in 2023-24.The dividend pay-out for 2022-23 had stood at Rs 87,416 crore.This…
[ad_1] Equity benchmark indices Sensex and Nifty rebounded sharply by nearly 1 per cent on Friday, driven by buying in heavyweight stocks such as Reliance Industries, HDFC Bank, and ITC.Investor sentiment was further supported by expectations of a record dividend from the Reserve Bank of India (RBI) and easing US treasury yields, traders said.After a…
[ad_1] Goldman Sachs India Equity Portfolio, a subsidiary of Goldman Sachs, acquired approximately 11 lakh shares of TD Power Systems through block deals on Thursday. The purchase, amounting to Rs 50.30 crore, was made at a price of Rs 460 per share — reflecting a 7% discount compared to the previous day’s closing price of…