Rupee falls 2 paise to shut at 83.97 in opposition to US greenback

The rupee traded in a slim vary on Tuesday and depreciated 2 paise to shut at 83.97 (provisional) in opposition to the American foreign money, weighed down by the strengthening of the American foreign money within the abroad market. Foreign exchange merchants stated the US greenback recovered amid blended non-farm payrolls information. The slight restoration … Read more

Airtel companions with Apple to supply TV+ and Music providers in India 

Bharti Airtel and Apple introduced a strategic partnership at present to convey Apple TV+ and Apple Music providers to Airtel clients in India. The collaboration will see Apple TV+ bundled with premium Airtel WiFi and Postpaid plans, whereas Wynk Premium customers will obtain unique presents for Apple Music. The shares of Bharti Airtel have been … Read more

Datamatics companions with Microsoft on AI Copilots, acknowledged as High ISV 

Datamatics, a world digital expertise firm, has partnered with Microsoft to develop copilot options for course of automation, the corporate introduced in the present day. Datamatics launched a Companion On-boarding Copilot on the Microsoft Groups retailer, integrating Azure OpenAI with its Clever Automation Platform. The corporate was acknowledged as a prime Unbiased Software program Vendor … Read more

Indus Towers turns into subsidiary of Bharti Airtel submit buyback shares

Indus Towers Restricted has stated that its Board has permitted the buyback of 5.67 crore fairness shares thereby making the shareholding of Bharti Airtel (one of many promoters of the corporate) within the firm enhance to round 50.005 per cent from 48.95 per cent earlier. Additionally learn: MRPL commissions advertising and marketing terminal in Bengaluru … Read more

Windfall tax on crude petroleum decreased to ₹1,850/tonne

The federal government has minimize windfall tax on domestically-produced crude oil to ₹1,850 per tonne, from ₹2,100 per tonne with impact from Saturday. The tax is levied within the type of Particular Further Excise Responsibility (SAED). The SAED on the export of diesel, petrol and jet gas or ATF, has been retained at ‘nil’. The … Read more

Rupee rises 10 paise to 83.80 towards US greenback in early commerce

Rupee appreciated 10 paise to 83.80 towards the US greenback in morning commerce on Monday, supported by the weakening of the American forex within the abroad market and overseas fund inflows. Foreign exchange merchants stated the greenback index misplaced important floor and is hovering across the 100.60 stage following US Fed Chair Jerome Powell’s current … Read more

Rupee falls 8 paise to 83.95 towards US greenback in early commerce

Rupee depreciated 8 paise to 83.95 towards the US greenback in morning commerce on Tuesday, weighed down by elevated crude oil costs and a muted pattern in home equities. Foreign exchange merchants mentioned Brent Crude, the worldwide benchmark, was buying and selling above the $80 per barrel mark, as combating continued within the Center East … Read more

PhonePe grows income at 74% y-o-y; turns adjusted PAT optimistic

Fintech main PhonePe has clocked a revenue after tax of ₹197 crore, excluding ESOP prices, within the monetary 12 months 2024, in comparison with a lack of ₹738 crore final 12 months. The corporate’s income rose by 74 per cent to ₹5,064 crore for FY23-24 from ₹2,914 crore. The Bengaluru-based firm’s standalone funds enterprise additionally … Read more

TCS launches innovation hub in Manila to spice up digital options 

Tata Consultancy Companies (TCS) has opened a brand new TCS Tempo Studio in Manila, Philippines, at the moment. This facility, the fifth of its type globally, goals to speed up digital innovation for shoppers throughout the Asia Pacific area. The studio will showcase TCS’s revolutionary platforms, together with AI WisdomNext, TwinX, and Zero Carbon Platform, … Read more

Nifty hovers close to file excessive as markets open flat; IT and metallic sectors present energy

Indian benchmark indices opened flat on Tuesday, with the Nifty hovering close to its all-time excessive, as buyers weighed optimistic world cues in opposition to warning forward of key occasions later this week. The Sensex opened at 81,815.23, barely up from its earlier shut of 81,698.11, whereas the Nifty began the day at 25,024.80, marginally … Read more