The Government of India has signed a USD 500 million loan to support green and sustainable infrastructure projects aligned with the country’s climate commitments with the Asian Development Bank (ADB).
Data from the telecom regulator TRAI on Monday said in October, 13.45 million subscribers submitted their requests for mobile number portability (MNP).
At close, the Sensex was up 498.58 points or 0.64% at 78,540.17, and the Nifty was up 165.95 points or 0.70% at 23,753.45.
In the last 10 years, funds mobilized by Indian companies from capital markets has increased more than 10-fold, from Rs 12,068 crore in financial year 2014 (FY14) to Rs 1.21 trillion crore in FY25 (till October), a recent report by the SBI Economic Research Department said.
Unified Payments Interface (UPI) transactions at retail stores have witnessed a spike of 33%, underscoring the growing adoption of digital payments beyond Tier II regions in the country, a recent report has said.
US based retail giant Walmart is reportedly raising up to $3 billion for its subsidiary e-commerce giant Flipkart to further expand its operations in the country.
The Indian FMCG brand Dabur India Ltd on Wednesday reported a net profit of Rs 490.86 crore for the second quarter ending September. The company saw a decline of 2.85 per cent YoY in its net profit in comparison to Q2 of the financial year (FY) 2022. It had posted a net profit of Rs 505.31 in the same period in the last financial year.
Aadhaar adoption and usage continued to record growth as during the month of September, 25.25 crore e-KYC transactions were executed through Aadhaar -- almost 7.7 per cent jump in such transactions when compared with August.
Elon Musk has reportedly told investors and bankers that he is going to close the $44 billion Twitter takeover deal by Friday, as employees at the micro-blogging platform protest his plan to fire 75 per cent of the Twitter workforce.
Microsoft-owned GitHub has an annual recurring revenue of $1 billion with over 90 million active users, said Satya Nadella, Chairman and CEO of Microsoft.
