Markets

Slowdown in construction-industrial sectors continues The slowdown in the construction and industrial sectors along with tight liquidity has resulted in traders and mills refraining from stocking materials, which further reduces demand, says a report by Wirana Shipping Corp. With only...

Home Credit India says more than a third borrowers from Tier I and II cities The alternative lending market in India will increase from US$6.44 billion in 2022 to reach US$18.61 billion by 2027, recording to CAGR of 20.5% during...

Jisa says new office will have 300+ workforce Reveal, a global provider of the leading AI-powered eDiscovery with headquarters in Dublin and Chicago, says Hyderabad will be home to its India operations and extends its reach into the Asia-Pacific (APAC)...

UPI demonstrated step change that happens in economies, says Kaushal Google India Digital Services (P) Limited and NPCI International Payments Ltd (NIPL) have signed a Memorandum of Understanding (MoU) to expand the transformative impact of UPI to countries beyond India....

Indian plate prices reduced by $40-$44/MT in three months Billet export prices have softened by US$5/MT and plate prices were reduced by US$4/MT during the week ended 20 Jan 2024 due to low demand in India. Considering that an average...

Acquisitions of Oasis, The Switch and Kaleyra created new avenues for growth and innovation Tata Communications has reported another quarter of robust growth as data revenue crossed the Rs.4,000 crore mark with digital services contributing 45%, in line with the...

JioAirFiber has seen strong initial demand and customer engagement Jio has rolled out Jio True 5G network across India ahead of schedule, and about 90 million subscribers have been migrated to Jio’s 5G network, Akash M Ambani, Chairman of Reliance...

Ranking will help attract new investors, says Krishnan NSE Group (National Stock Exchange of India and NSE International Exchange) has once again emerged as the world’s largest derivatives exchange group in calendar year 2023 by number of contracts traded based...

Organization showed resilience amid the continuing macro challenges, says Chatterjee LTIMindtree has booked highest-ever order inflow at US$1.5 billion, representing a 21% increase YoY in a seasonally weak Q3. “Our strong operational performance in a seasonally weak quarter speaks about...

Indian midsize businesses are galvanizing new ways to grow, says J.P. Morgan Business leader of midsized companies in India expect their profits to rise in the year ahead, up 9% from 2023, with planned revenue increases closely following at 92%,...