India Seizes 40% of US Smartphone Imports from China
India now supplies about 40% of smartphones imported by the US, previously sourced from China, as global trade shifts amid geopolitical realignments, according to a McKinsey report.
Category : Business
TCS Hires Deloitte, Trilegal for Nashik Probe
Tata Consultancy Services (TCS) has appointed Deloitte and Trilegal to investigate allegations of recruitment malpractices at its Nashik center, following reports of irregularities in hiring processes.
Kharge: Firms Arm-Twisted to Shift Karnataka Investments
Karnataka Minister Priyank Kharge claims companies are being pressured to move investments away from the state, while announcing a policy revamp for sustainable data centres.
Vedanta Plant Blast Deaths Hit 21 Amid Negligence Probe
The boiler explosion at Vedanta's power plant in Chhattisgarh has claimed another life, bringing the death toll to 21. Investigations reveal serious operational lapses behind the April 14 tragedy that injured 36 workers.
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Bombay HC Ruling May Change Bank Cyber Fraud Handling
A landmark Bombay High Court ruling could redefine bank liability for cyber fraud, shifting responsibility and prompting stricter security measures to protect customers.
Samsung, Hyundai, LG Chiefs Join South Korea's Mission to India, Vietnam
Top executives from Samsung, Hyundai, LG, and SK Group will accompany South Korean President Yoon Suk Yeol on a strategic mission to India and Vietnam, focusing on economic cooperation and supply chain resilience.
Corporate Systems Need Overhaul Under New Income Tax Act
Shaili Gupta of Khaitan & Co highlights that businesses must significantly upgrade their systems to comply with the new Income Tax Act, focusing on technology and training.
TSMC Expands 3nm Chip Production Amid AI Demand Surge
Taiwan Semiconductor Manufacturing Company (TSMC) is ramping up 3nm chip production in Taiwan, the US, and Japan to meet soaring demand driven by artificial intelligence applications.
Tea Bodies in Assam, WB Urge PM Modi to Withdraw Auction Directives
Tea industry bodies in Assam and West Bengal have appealed to Prime Minister Narendra Modi to withdraw recent directives mandating auction sales, citing potential harm to small growers and market stability.
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Oil Plunges 10% on Strait of Hormuz Reopening, Lifts Stocks
Crude oil prices plummeted more than 10% after the Strait of Hormuz reopened, easing supply fears and sparking a global stock rally. US indices surged, with airlines and cruise lines leading gains amid optimism over easing tensions.
Nagarro Names Prateek Aggarwal as CFO
Global IT services firm Nagarro has appointed Prateek Aggarwal as its new Chief Financial Officer, effective immediately, succeeding Manas Human.
MMRDA Starts Land Acquisition for 'Third Mumbai' KSC New Town
MMRDA has begun land acquisition for the Karnala-Sai-Chirner New Town, offering compensation options to landowners in 124 villages to boost Mumbai's regional economy.
IBRA Digital Group Sees 77% YoY Growth Jump
IBRA Digital Group has announced a remarkable 77% year-on-year growth increase, propelled by consistent revenue performance and robust EBITDA results, highlighting its strong market position.
India's Forex Reserves Rise $3.8B to $700.9B in April
India's foreign exchange reserves increased by $3.825 billion to $700.946 billion for the week ended April 10, 2024, as per RBI data. This follows a previous week's gain of $9.063 billion, with gold and foreign currency assets contributing to the rise.
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Mhada Redevelops 12 Mumbai Layouts, Rehabilitating 75,445 Residents
Mhada announces redevelopment of 12 layouts in Mumbai over 923 acres, aiming to rehabilitate 75,445 residents in 5-10 years, with plans for rental housing under new state policy.
Adani Surpasses Ambani as Asia's Wealthiest Individual
Gautam Adani has reclaimed the title of Asia's richest person with a net worth of $92.6 billion, edging out Mukesh Ambani. The shift follows a rally in Adani Group stocks tied to India's infrastructure and energy transition.
Global Leadership Summit Vision 2047 at Yashobhoomi in July 2026
The Global Leadership Summit Vision 2047 will be held at the Yashobhoomi Convention Centre on July 18-19, 2026, focusing on future economic and strategic leadership.
Choosing Best Health Insurance in India: Look Beyond Premium
Experts advise evaluating claim settlement ratio, network hospitals, and customer service when selecting a health insurance provider in India, not just premium and sum insured.
7 South Mumbai Elite Areas Shaping Luxury Real Estate
Explore the seven prestigious South Mumbai neighborhoods that define luxury living in India, from Malabar Hill to Marine Drive, and discover why they remain the pinnacle of real estate.
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Adityaram: Real Estate Billionaire with Rs 17,000 Crore Wealth
Adityaram, founder of the Adityaram Group, has a net worth of Rs 17,000 crore from luxury real estate, infrastructure, and entertainment ventures across Tamil Nadu, Andhra Pradesh, and Telangana.
India's Forex Reserves Jump $3.8B to $700B Mark
India's foreign exchange reserves increased by $3.8 billion, reaching over $700 billion, driven by foreign currency asset appreciation and strategic RBI management.
Silver Plunges Rs 5,700, Gold Falls Rs 1,600 in Delhi
In a sharp market correction, silver prices plummeted by Rs 5,700 per kg, while gold declined by Rs 1,600 per 10 grams in Delhi, driven by global trends and reduced demand.
Govt Updates Bank List for Gold, Silver Imports Under Trade Policy
The Indian government has updated the list of banks authorized to import gold and silver under the Foreign Trade Policy, impacting trade and compliance in the precious metals sector.
9th CMSB National Awards 2026: Business Excellence Honored
The 9th CMSB National Awards 2026 recognized outstanding contributions in business and industry, highlighting innovation, sustainability, and leadership across various sectors in India.
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AlphaPepe (ALPE) Signals 500x Breakout Ahead of Q2 Listing
AlphaPepe (ALPE) emerges as a top crypto pick with potential for a 500x breakout, driven by upcoming Q2 exchange listings and strong market momentum.
Andhra Approves Rs 2,550 Cr Cathode Plant in Chittoor
The Andhra Pradesh government has sanctioned a Rs 2,550 crore facility in Chittoor for manufacturing cathode materials, a key component in batteries and electronics, boosting domestic production.
India Falls to 6th Largest Economy: IMF Ranking Explained
India's drop to the world's 6th largest economy in IMF data stems from currency fluctuations and technical revisions, not economic slowdown. With growth projections around 6-6.5%, India remains the fastest-growing major economy globally.
Bharat Shining Conclave 2026 Focuses on India's Future
The Bharat Shining Conclave 2026 convened leaders to discuss India's economic growth, technological innovation, and global leadership, emphasizing sustainable development and strategic vision.
MyCrediBro Simplifies Credit Access in India with Transparency
MyCrediBro, a trusted financial service platform in India, is revolutionizing credit access by offering transparent and value-driven solutions to simplify the borrowing process for consumers.
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Citius Transnet InvIT IPO Opens: Price Band, Listing Dates
The Citius Transnet Infrastructure Investment Trust (InvIT) IPO is now open for subscription. Check the price band, listing dates, and key details for this infrastructure-focused offering.
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