Electronic Financial News
09.08 / 05:49
UPS
Lowe's
NIFTY
electronic
BEL shares up 0.16% as Nifty drops
Bharat Electronics Ltd. traded 0.16 per cent up in Wednesday's trade at 11:01AM (IST). Around 204,070 shares changed hands on the counter.
09.08 / 05:25
Manufacturing
Strategy
Mobile
Apple
country
electronic
4 Stocks to Watch Out for as India Restricts Computer & Laptop Imports
laptops, tablets, and personal computers. According to the notice, from 1 November 2023, the import of these restricted items would now require a valid license. The new law implies that laptop and computer giants like Apple, Dell, Lenovo etc., cannot simply manufacture their products elsewhere and sell them in India.
09.08 / 00:47
UPS
Manufacturing
Apple
DELL
electronic
IT hardware companies: Defer laptop import curbs by 9-12 months
Apple, Dell, HP, Acer and others have sought an extension of nine months to a year of the deadline for licences required for import of laptops, tablets, all-in-one-personal computers and other items, people familiar with the matter said. In a meeting with senior ministry of electronics and information technology (MeitY) officials on Tuesday, executives of these companies said they would need this time to set up manufacturing facilities in India. «The companies need reasonable time to set up manufacturing.
08.08 / 20:35
UPS
CEO
social
electronic
International
International brands share in retail leasing going up
According to an analysis by CBRE, retail leasing by international brands was 25% during Q1FY 24 compared to 14% same quarter last year. While homegrown retailers including Aditya Birla, Reliance and Tata opened stores aggressively, the surge in global brands leasing were from both existing retailers as well as newer entrants. Retailers leased 1.3 million sq ft, primarily driven by fashion and apparel with a 38% share while food and beverage sector accounted for an 18% share.
08.08 / 13:25
UPS
electronic
Regulators hit Wall Street banks with $549 million in penalties for record-keeping failures
U.S. regulators on Tuesday announced a combined $549 million in penalties against Wall Street firms that failed to maintain electronic records of employee communications.
08.08 / 12:47
UPS
Mobile
Apple
DELL
electronic
Why India wants to push homemade laptops
international trade of computers. China and Vietnam both have much greater comparative advantage—and, India’s advantage is greater in mobile handsets than computers.
08.08 / 11:47
UPS
Entertainment
Assurant
Samsung
electronic
Samsung announces Freedom Fest, gives a chance to get Galaxy S23 Ultra 5G for free
Freedom Fest offers, giving exciting deals on its big screen televisions, including the Neo QLED TV, OLED TV, QLED TV, and Crystal 4K UHD TV. Samsung’s Freedom Fest will continue till August 31. As announced by the company, consumers can get assured gifts such as free Galaxy S23 Ultra 5G worth ₹1,24,999 (256GB/12GB variant), the Freestyle projector worth ₹69,990, and Soundbars worth ₹17,990 and ₹49,990 on purchase of select big screen televisions.
08.08 / 10:55
UPS
Digital
Amazon
Remark
beautiful
electronic
Grab
Amazon Freedom Sale 2023 : Last day to grab the best deals
As the final day of the sale arrives, eager customers are urged to take advantage of this limited-time opportunity to secure unbeatable offers and discounts. With a myriad of options available, the Amazon Freedom Sale 2023's last day serves as a compelling reminder for individuals to make the most of the remaining time and fill their carts with coveted items before the curtains draw on this year's sale.
08.08 / 10:15
UPS
Actor
electronic
Ducati Diavel V4 launched in India, bollywood actor Ranveer Singh appointed as brand ambassador
Ducati Diavel V4 comes ingrained with technical, dynamic, and stylistic features, such as those of sport nakeds and muscle cruisers. The motorcycle comes with a starting price of ₹25.91 lacs (ex-showroom). Deliveries will begin immediately across all Ducati stores in New Delhi, Mumbai, Pune, Bengaluru, Chennai, Hyderabad, Kochi, Kolkata, Ahmedabad, and Chandigarh.
08.08 / 09:09
COST
Provident
Platform
DISH
electronic
consultation
Trai releases fresh consultation paper on issues related to broadcast sector
₹130 should be reviewed and if distribution platform owners (DPOs) should be allowed to have variable NCF for different bouquets or plans within the same location. Trai also sought views on whether it should revise the current provision that NCF for second TV connection and onwards in multi-TV homes should not be more than 40% of declared NCF per additional TV, and in case of such homes, whether the pay television channels for each additional TV connection be also made available at a discounted price.
08.08 / 08:25
COST
Citi
Manufacturing
CEO
electronic
Industrial, logistics leasing jumps 35% across 8 cities in Jan-Jun: Report
New Delhi: Leasing activity in India’s industrial & logistics sector surged to 19.1 million sq. ft. across eight major cities during the first half of 2023 (Jan-Jun), marking a substantial 35% year-on-year increase, according to a report by CBRE South Asia Pvt.
08.08 / 07:49
UPS
Lowe's
electronic
rock
Lynas seeking new mines, leaving nothing to waste
Kalgoorlie | Lynas Rare Earths is looking for acquisitions to capitalise on the needs of its customers, including the US Department of Defense, which are anxious to wean themselves off China products.
08.08 / 01:13
UPS
Amazon
Platform
social
electronic
Laptop, tablet sales jump on import curbs
Sales spiked by up to 25% last weekend sequentially over the previous weekend, retailers and brands said. Online platforms such as Amazon running its Independence Day sales saw a surge in laptop sales following the government announcement, industry executives said. The sales momentum is continuing even on Monday, they said.
07.08 / 18:47
Provident
FIVE
Manufacturing
Gap
Strategy
electronic
Record $70 bn revenue for auto parts makers
electric vehicle parts, barring EV batteries, to overall auto components supplies to 2.7%, compared to 1% in FY22. India’s EV component sales are dominated by electric two- and three-wheelers, with electric passenger vehicles (four-wheelers) representing just 1.0-1.5% of total EV sales. The auto components segment has been growing at a compound annual growth rate (CAGR) of 4.1% over the last five years.
07.08 / 18:47
UPS
BLOCK
Digital
Landmark
Platform
electronic
LS okays data bill; worries on Centre’s powers remain
NEW DELHI : The Lok Sabha on Monday passed the landmark Digital Personal Data Protection (DPDP) Bill amid loud protests from the Opposition. The bill, which sets stiff penalties for data breaches, comes six years after the Supreme Court ruled that privacy was a fundamental right. It will now go to the Rajya Sabha for its approval.
07.08 / 16:13
Booking
Gap
Enterprise
electronic
Domestic investors step back in Q1 as share in listed cos drops after 6 quarters
domestic investors took a back seat in the June quarter as they booked profits at higher levels. The share of domestic institutional investors, along with retail and high networth individuals (HNIs) in NSE-listed companies declined for the first time in six quarters to 22.5%, according to data sourced from Primeinfobase. The net inflows from DIIs stood at just Rs 3,368 crore during the quarter.
07.08 / 16:13
UPS
Digital
Citizens
COMPOSITE
country
voice
electronic
Digital Personal Data Protection Bill passes the Lok Sabha floor
Lok Sabha Monday passed the Digital Personal Data Protection (DPDP) Bill by a voice vote amid some slogan-shouting by Opposition members seeking a debate on the Manipur issue. On Monday, the bill was presented for passing and consideration by Union Electronics and Information Technology Minister Ashwini Vaishnaw, who said that the DPDP will safeguard the digital personal data of 1.4 billion citizens. The passage of the bill in the lower house brings India on the penultimate step of the country finally having its own digital data privacy law.
07.08 / 15:39
COST
Target
BLOCK
Inside
social
electronic
stake
Qatar Investment Authority buys over 2.5% stake in Adani Green, promoter group co offloads almost entire stake
Adani Green Energy Ltd totalling more than 2.5% for over USD 500 million, as per industry sources cited by PTI in its news report. The ESG-focused (environmental, social, and governance) fund has reportedly made two investments in Adani Group companies, the first being Adani Electricity Mumbai Ltd. (AEML).
07.08 / 14:01
COST
UPS
Manufacturing
Sony
electronic
businesses
Troubled Toshiba announces buyout offer led by Japan businesses
Toshiba has announced a 2 trillion yen, or $14 billion, tender offer in a move that would take it private, as the scandal-tarnished Japanese electronics and energy giant seeks to turn itself around
07.08 / 13:41
UPS
Amazon
Mobile
Discover
show
electronic
Amazon Freedom Sale 2023: Best-seller products in Electronics, Appliances, Fashion and Kitchen & Dining
Embark on a journey to discover the most coveted items that have garnered the trust and admiration of countless shoppe₹This is your chance to access the cream of the crop in each category, all conveniently available at unparalleled discounts. As the Amazon Freedom Sale unfolds, seize the opportunity to embrace the best-seller products that capture the essence of this extraordinary shopping event.
07.08 / 11:15
UPS
Citi
Manufacturing
TikTok
Nike
country
electronic
Threat
The Era of Ultracheap Stuff Is Under Threat
TikTok and other social media, are deciding their work lives shouldn’t unfold inside factory walls. Demographic shifts are playing a role. Young people in Asia are having fewer children than their parents did, and at later ages, which means they are under less pressure to earn a steady income in their 20s.
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