This is Apple’s first such evaluation of having specific chips assembled and packaged within India. (AI image) Apple iPhone chips may soon be assembled in India with the tech giant in early discussions with Indian chip manufacturers regarding the assembly and packaging of components for the iPhone. This development could represent a significant advancement for…
NEW DELHI: Shares of Park Medi World Ltd, which operates a hospital chain under the Park brand, on Wednesday made a muted market debut, listing at a discount of nearly 4% to the issue price of Rs 162. The stock was listed at Rs 155.60, a 3.95% discount to the issue price, on the BSE….
The proposed $100,000 fee for fresh H-1B workers by Trump could severely impact IT outsourcing and staffing sectors. (AI image) US President Donald Trump’s crackdown on immigration and H-1B visas will hit Indian IT firms, particularly Tata Consultancy Services (TCS) and Infosys, analysis suggests. According to a Bloomberg News study, the impact would be particularly…
Asian shares traded mixed on Wednesday, with strong buying in technology stocks supporting some benchmarks, while oil prices surged more than 1% after US President Donald Trump ordered a blockade of all “sanctioned oil tankers” entering and leaving Venezuela.Trump’s move followed last week’s seizure of an oil tanker off Venezuela’s coast by US forces, an…
Capital outflow due to FII activity has been driven by geopolitical uncertainty. Rupee continued its decline on Wednesday, opening at a record low of 91.07 against the US dollar, down 0.05% from its previous close, as persistent foreign fund outflows and uncertainty over India–US trade negotiations continued to weigh on the currency.Earlier on Tuesday, the…
Oil prices rose sharply on Wednesday after US President Donald Trump ordered “a total and complete” blockade of all sanctioned oil tankers entering and leaving Venezuela, stoking fresh geopolitical tensions at a time when markets are already wary about weak global demand.Brent crude futures climbed 57 cents, or 0.9%, to $59.50 a barrel by 0135…
Market experts anticipate sideways trading in Indian markets due to the lack of significant short-term catalysts. (AI image) Stock market today: Nifty50 and BSE Sensex, the Indian equity benchmark indices, opened flat in trade on Wednesday. While Nifty50 was above 25,850, BSE Sensex was near 84,700. At 9:16 AM, Nifty50 was trading at 25,864.25, up…
The Trump administration announced Tuesday it was expanding travel restrictions to an additional 20 countries and the Palestinian Authority, doubling the number of nations affected by sweeping limits announced earlier this year on who can travel and emigrate to the US The Trump administration included five more countries as well as people traveling on documents…
Kolkata: RPSG Group entertainment company Saregama India is picking up a 28% stake in Sanjay Leela Bhansali-promoted Bhansali Productions Private Limited (BPPL).The initial deal, as per stock market filings, is valued at Rs 325 crore. However, the RPSG group company will have the right to go up to 51% by March 31, 2030. Saregama will…
New Delhi: In a direct fallout of the June 12 AI 171 crash, IndiGo has for the first time flown more international passengers than Air India group (AI plus AI Express).DGCA data for July-Sept 2025 shows the two Tata Group airlines flew 41 lakh international passengers, while IndiGo was at 41.36 lakh. This was because…
