Indian plants -- who plan to begin production with 28 nano metre chips -- will take two to four years to get off the ground. By that time, in the fast changing world of chip making, the global market would have shifted to 22 nm.
The rupee commenced higher at 54.10 against the dollar from Tuesday's close of 54.14 at the Interbank Foreign Exchange (Forex) market.
Images from Friday's IPL match between Delhi Capitals and Rajasthan Royals, in Sharjah.
The Shanghai Composite Index eased 0.2 percent in subdued trading on Wednesday morning.
The currency market won't care for our moans, groans, cries and sighs. The rupee will find its own level, explains Tamal Bandyopadhyay.
Trent Boult was Mumbai Indians's hero with the ball in the IPL final against his former team Delhi Capitals, with a match-winning spell of 3-30.
KKR lost four batsmen in a row for ducks.
Shami shocked everyone with a wayward over, giving away 20 runs as he conceded 53 runs in four overs.
Ukrainian cities have been under heavy Russian bombardment while the team has been performing in Beijing
India's good fortune, experts in the US feel, is not the result of a fundamentally strong economy, but because it is the best of a bad set of options.
Billionaire Gautam Adani on Sunday won the race to acquire Swiss cement major Holcim's stake in Ambuja Cements and its subsidiary ACC for $10.5 bn (around Rs 81,361 crore), including the open offers. The Adani family, through an offshore special-purpose vehicle, announced that it had entered into definitive agreements for the acquisition of Holcim Ltd's entire stake in two of India's leading cement companies -- Ambuja Cements and ACC -- the Adani group said in a statement. The group outbid Ultratech and JSW group to enter the cement industry and also emerge as the country's second-largest cement manufacturer, with 70 million tonnes of capacity annually.
Sharp swings likely in equity, forex and bond markets.
Nifty has a virtual monopoly in the index derivatives segment.
Defending champions Mumbai Indians would look for inspiration from skipper Rohit Sharma, who is set to return to action, when they take on a rejuvenated Kolkata Knight Riders in the Indian Premier League match here on Thursday.
While Nifty 50 reflects changes in 40 years, it also shows what is missing: Low-cost manufacturers at one end, and deep-value players at the other. Also missing are technology players, observes T N Ninan.
You can pitch yourself as the perfect candidate by highlighting your skills, the relationship between your experience and the job, and your willingness to learn.
December 2022 could be the last Christmas for Santha Bakery, a business drawing its lineage from the first Christmas cake baked in Kerala.
Amid tensions over build-up by the Chinese across the Line of Actual Control (LAC) in Eastern Ladakh and reluctance to resolve remaining issues between the two countries, Indian Air Force (IAF) chief Air Chief Marshal VR Chaudhari is visiting forward areas in Ladakh to review the operational preparedness of troops deployed there.
CPI-M general secretary Sitaram Yechury and CPI general secretary D Raja said the top leadership will not attend the meeting called by the TMC chief.
The family office category was up 38 per cent, led by names such as Ratan Tata, Ronnie Screwvala and various Infosys co-founders.
$47.6 bn capital invested across 921 deals in India in 2020, despite pandemic.
Delhi Capitals have made the perfect start to IPL, with two morale-boosting victories, while SunRisers Hyderabad are the only side yet to register a win in the tournament, having lost both their games.
The RBI working group's proposal to allow corporate houses to set up banks is a 'good-looking' step in a 'bad direction' and may lead to crony capitalism and eventual financial instability, former chief economist of World Bank Kaushik Basu said on Thursday. Basu further said that there is a good reason why all successful economies have a clear dividing line between industries and corporations on the one hand, and banks and lending organisations on the other.
'I wish I could reverse-lap Jofra Archer, that's about it. Don't think I am brave enough to play the shots Suryakumar plays. To be honest, I wasn't looking to take Anrich Nortje on, it was a matter of just seizing the opportunity when I had it. Fortunately, there were one-two balls I was able to go after.'
Food delivery company Zomato's Rs 9,375-crore initial public offering (IPO) will open for subscription on July 14, said investment banking sources on Wednesday. The company initially was looking to raise Rs 7,500 crore through the offering. Investment banking sources said the issue size has been increased because of the robust demand from investors.
After playing a huge role in India's massive win over New Zealand in the second Test, opener Mayank Agarwal said technique does not always guarantee runs, but the determination to fight is key to a good performance.
Listed companies' net profit as a percentage of gross domestic product (GDP) has hit a decadal high and is expected to edge even higher over the next two financial years. According to an analysis by ICICI Securities, India's Inc net profit stood at Rs 8.4 trillion, or 4 per cent of GDP of Rs 210 trillion for the trailing 12-month period ending September. This is the highest since financial year 2011-12 (FY12), when it was at 4.6 per cent.
Images from the IPL 2022 Match between Gujarat Titans and Royal Challengers Bangalore at
Protesting farmers clashed with police at several places in the national capital and entered the iconic Red Fort and ITO in the heart of national capital, with hundreds of them deviating from agreed routes, prompting security personnel to resort to lathicharge and tear gas. The farmers have now left the Red Fort after the police intervened. Take a look.
Only 10 per cent of stocks account for 93 per cent of investments.
State owned banks SBI and PNB were the top Nifty gainers along with ICICI Bank and auto shares.
Flavour of the season Rahul Tewatia didn't prove to be third time lucky in what turned out to be an incredible death overs performance by the Delhi Capitals pace attack in their 13-run victory against Rajasthan Royals in the IPL match, in Dubai, on Wednesday.
It will be a test of Virat Kohli's tactical acumen against the ice-cool demeanour of Eoin Morgan when perennial underachievers Royal Challengers Bangalore clash with former champions Kolkata Knight Riders in the IPL Eliminator in Sharjah on Monday.
'The process is that the team reports the matter through the captain and team manager. After that, we assess it as the governing council. The match referee also puts in his report wherein he can mention the same," an IPL Governing Council official told ANI.
Alphabet Inc's Google has paid Rs 33,737 crore for a 7.73 per cent stake in Reliance Industries Ltd's (RIL) digital subsidiary, Jio Platforms Ltd, joining the list of global investors such as Facebook, billionaire Mukesh Ambani's firm said. The transaction also marks the US technology giant's biggest-ever investment in an Indian company. With this, Jio Platforms has raised a total of Rs 1.52 lakh crore by selling nearly 33 per cent stake to 13 financial and strategic investors in just 11 weeks.
In another milestone for the DMRC, driverless train operations on 59-km Pink Line of the Delhi Metro were flagged off on Thursday.
There are reports that the government may try to physically prevent opposition members and nearly two dozen PTI dissidents from reaching the Parliament House through protestors.
The protests against farm laws saw a fair share of controversies as well with climate activist Greta Thunberg and pop sensation Rihanna making their way to India's prime time debates and terms such as 'toolkit' and 'andolanjeevi' entering the Indian political lexicon.
The Indian hockey team defeated South Africa 6-5 in a thrilling third test at the capital city of Cantabria in Spain.
Chasing 165, Nicholas Pooran smashed a 28-ball 53 as Glenn Maxwell and Chris Gayle played useful knocks as Kings XI Punjab completed a hat-trick of victories.
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