BUSINESS
Foxconn Chairman Young Liu Honored with Padma Bhushan Recognition
Liu is notably the only foreign recipient among the 17 Padma Bhushan awardees, as per the official announcement made on Thursday.
Apple Unveils Updates to iOS, Safari, and App Store in Anticipation of EU DMA Act
In a bid to enhance user experience while addressing privacy and security concerns arising from the DMA, Apple is introducing new controls, disclosures, and expanded protections.
LIC Receives RBI Approval to Acquire 9.99% Stake in HDFC Bank
The RBI has advised LIC to acquire the major shareholding in HDFC Bank within one year, specifically by January 24, 2025.
Unexpected Strength: US Economy Surprisingly Robust in the Fourth Quarter
While this growth rate was slower than the 4.9% recorded from July through September, when American consumers made substantial purchases, it surpassed the 1.5% anticipated by economists, as per FactSet estimates.
Samsung India Teams Up with Blinkit for Express Delivery of Galaxy S24 Series in 10 Minutes
This collaboration is aimed at addressing the substantial demand for Samsung's flagship S24 series in the Indian market.
Sensex Plunges 700 Points, Led by Slump in Tech Mahindra
The BSE Sensex was recorded at 70,331.85 points, marking a decline of 728.46 points or 1.03 percent. Tech Mahindra witnessed a plunge of over 5 percent, attributed to weak quarterly results
Amara Raja Aims to Commence Operations at Giga Factory Before the End of 2025
Last May, the company laid the foundation stone for its pioneering giga factory located in the Mahbubnagar district of Telangana.
Zee Approaches NCLT to Facilitate Sony Merger; Japanese Media Giant Vows to Stay Resolute
In response to the termination, Zee CEO Punit Goenka, who was under investigation by market regulator Sebi over fraud allegations, had written to Finance Minister Nirmala Sitharaman, blaming Sebi for attempting to hinder the deal with untimely notices related to alleged fund diversion by Zee promoters.
Interim Budget 2024 Initiates with Finance Minister's Halwa Ceremony at North Block
Similar to the past three full Union Budgets, the Interim Union Budget 2024 will be presented in a paperless format, scheduled for February 1, as announced by the Finance Ministry.
Nifty Bounces Back with Strong Recovery Following Tuesday's Sharp Decline
Following a significant decline on the preceding day, the Nifty Midcap 100 and Smallcap 100 indices recovered some losses, posting gains of 1.80% and 1.70%, respectively. Advancing shares outnumbered declining shares, with the advance-decline ratio standing at 1.83 on the BSE.
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