Electronic Financial News

20.03 / 19:19

markets Aware Mobile Research show performer electronic Samsung India nears another milestone in smartphone business

Samsung India is poised to surpass Rs 80,000 crore in total smartphone revenue this financial year, propelled by about 12% sales volume growth widely outperforming a subdued domestic market, said two people aware of the matter. The company accelerated sales spurred by premiumisation with average handset selling prices rising by 22%, higher than the industry average of 17%. The share of no-cost EMI purchases has also increased from 54% to 60% during the year, said Akshay Rao, mobile experience business general manager at Samsung India. Tenure for no-cost EMI schemes too rose to 18 months from 12 months earlier. Rao, however, declined to share or confirm the revenue performance for FY24.

20.03 / 12:23

UPS Extreme stage electronic testing Features Transformative moment: BEML successfully test fires indigenous 1500 HP engine for military tanks

BEML successfully test-fired its indigenous 1500 HP engine for military vehicles at its Mysuru plant. The test-firing, inaugurated by Defence Secretary Giridhar Aramane, marks a milestone in India's journey towards self-reliance in defense technologies. Advancing India's Defense Capabilities The 1500 HP engine project is a key step towards realizing Prime Minister Narendra Modi's vision of an Atmanirbhar Bharat. Giridhar Aramane highlighted the project's importance, stating that it represents a significant stride towards enhancing India's military capacity on the global stage. He emphasized that the engine's development heralds a transformative movement, showcasing India's prowess in defense technologies.

20.03 / 10:43

UPS Manufacturing Assurant security electronic hospital Semiconductor manufacturing plant in Assam will put it in global map, says Ratan Tata

₹27,000 crore. Attaching pictures of him, Himanta Biswa Sarma, and Tata Sons Chairman N Chandrasekaran, took to X and said that Manufacturing of semiconductors in Assam will put the state on the global map. "The investments being made in Assam transform the state in complex treatment for cancer care.

20.03 / 07:47

BLOCK Digital Platform security Enterprise electronic Yet another startup resorts to layoffs, salary delays while waiting for spring

the funding winter for startups may thaw this year, several companies, not counting Byju's, are struggling to raise capital and have defaulted on payments to vendors and employees. Nanotechnology startup Log9 Materialsand health-tech startup Red.Health have recently struggled with payment of dues on the back of liquidity concerns amid funding constraints. Dental-tech startup Dezylaid off nearly 200 employees and hadn't paid severance to several of them.

20.03 / 06:07

markets UPS NVIDIA MSCI Nikkei electronic Asia stocks on edge ahead of Fed, yen eases towards 152 level

By Stella Qiu

20.03 / 04:47

markets UPS Provident security Remark electronic Samsung Elec expects $100 million or more sales from advanced chip packaging business

By Joyce Lee and Heekyong Yang

20.03 / 04:47

markets NVIDIA Nikkei Trade performer electronic reports Asian stocks Asian stocks muted before Fed meeting; KOSPI outperforms on AI cheer

Investing.com-- Most Asian stocks steadied in cautious trade on Wednesday as markets awaited more cues on U.S. interest rates from the conclusion of a Federal Reserve meeting later in the day.

20.03 / 03:09

UPS NVIDIA Nikkei electronic reports testing Samsung shares surge as Nvidia tests AI memory chips

Investing.com-- Shares of Samsung Electronics Co Ltd (KS:005930) rose sharply on Wednesday after reports said artificial intelligence major NVIDIA Corporation (NASDAQ:NVDA) was testing high bandwidth memory chips from the South Korean conglomerate.

19.03 / 10:35

Provident pandemic Experts show cover electronic reports High rejection rate for claims: EPFO board may meet soon

At a time of high joblessness, stagnant real rural income and slackness in consumption demand, the pensioners are facing the problem of higher rejections in the settlement of their employees’ provident fund (EPF) claims.

19.03 / 10:35

UPS Digital security Align Research electronic Indian Army’s Tech Revolution: The Rise of Signals Technology Evaluation and Adaptation Group (STEAG)

In line with the principles of Self-reliant India and Start Up India in the field of defence, the Indian Army has formed a specialized technology unit to conduct research and development of future communication technologies like Artificial Intelligence, 5G, 6G, Machine Learning, Quantum technologies for defence.

19.03 / 09:17

UPS Racing Remark Election electronic information GST council postpones review of 28% levy on online gaming; likely to be taken up after Lok Sabha elections 2024

Revenue Secretary's remarks last month, who said that the six-month period will be over by March 31, so the issue will be not decided in the next meeting, but after the completion of the deadline. “A review does not necessarily mean that we change the rates. A review is only to take stock and see if anything needs to be done," Revenue Secretary Sanjay Malhotra told Moneycontrol.

19.03 / 06:59

markets WhatsApp Trade show electronic BEL shares drop 2.02% as Sensex falls

Bharat Electronics Ltd. traded 2.02 per cent down at Rs 186.0 at 12:07PM (IST) on Tuesday, even as BSE benchmark Sensex dropped 717.62 points to 72030.8. The scrip had settled at Rs 189.85 in the previous session. The stock quoted a 52-week high and 52-week low of Rs 216.7 and Rs 89.93, respectively.

19.03 / 05:25

markets economy NVIDIA Nikkei Trade track electronic Asian stocks Asian stocks edge lower; Nikkei turns positive after BOJ hikes rates

Investing.com-- Most Asian stocks fell on Tuesday amid persistent anxiety over an upcoming Federal Reserve meeting, while Japan's Nikkei 225 pared early losses after the Bank of Japan hiked interest rates but maintained a dovish stance.

19.03 / 03:31

markets UPS Provident security NVIDIA Micron electronic Nvidia supplier SK Hynix begins mass production of next generation memory chip

SEOUL (Reuters) — SK Hynix Inc said on Tuesday it has begun mass production of next-generation high-bandwidth memory (HBM) chips used in artificial intelligence chipsets, with sources saying initial shipments will go to Nvidia (NASDAQ:NVDA) this month.

19.03 / 02:45

markets NVIDIA Nikkei Trade track electronic Asian stocks Asian stocks edge lower with BOJ rate hike, Fed meeting on tap

Investing.com-- Most Asian stocks fell on Tuesday, with Japanese markets losing ground before a potentially historical policy shift from the Bank of Japan, while anticipation of a Federal Reserve meeting kept sentiment subdued.

19.03 / 02:29

Provident electronic information reports travelers Department Features Deadline Approaching: H-1B visa registration for FY25 to close on March 22

H-1B visas, sought by foreign guest workers, is set to close at noon Eastern Time on March 22, according to the US Citizenship and Immigration Services (USCIS), PTI reported. Prospective petitioners and legal representatives are required to use the online account of the USCIS during this period. They must electronically register for the selection process and pay the associated registration fee for each beneficiary, the federal agency said on March 18.

18.03 / 19:07

Waters Platform BAY electronic isolate travelers Updates Weather update: IMD predicts rainfall, hailstorm in next 2 hours in THESE states. Check details

Madhya Pradesh and Chhattisgarh in the next 2 hours due to anti-cyclonic circulation over Westcentral and adjoining Northwest Bay of Bengal off Odisha coast in lower tropospheric levels. The weather office said hailstorms are very likely to occur at isolated places in both states during the next 2 hours. Posting a weather alert on microblogging platform X (formerly known as Twitter), the IMD said, “With gusty winds of 40-60 kmph, lightning and light to moderate spells of rain is likely to witness in Chindwara, Seoni, Mandla and Anuppur areas of Madhya Pradesh and Rajnandgaon, Durg, Bemetara, Raipur, Baloda Bazar, Raigarh and Korea areas of Chhatisgarh in next two hours.

18.03 / 13:29

markets Digital Platform security Mobile Trade electronic Demat Accounts: How does dematerialisation benefit investors? MintGenie explains

The transition from physical share trading on exchange floors, conducted via open outcry systems, to the seamless execution of transactions through mobile trading platforms represents a notable transformation in the stock market.

18.03 / 13:09

Fighting Remark Election Trade country electronic Department 'Modi ji twisting 'Shakti' remark': Rahul Gandhi clarifies after PM Modi's 'jaan ki baazi' attack

Shakti that I mentioned, the Shakti that we are fighting, is the mask of that power, Modi ji," Rahul Gandhi said in a long post on X. The developments triggered Rahul Gandhi's speech in Mumbai on Sunday where he attacked the ruling BJP and PM Modi on various issues including the tampering allegations against Electronic Voting Machines (EVM). “There is a word 'Shakti' (might) in Hinduism.

18.03 / 12:11

markets Provident security Research Trade country electronic What is commodity trading and can I start this trade through a demat account?

demat account, a trading account, and a bank account. The demat account serves as a secure repository for storing trading assets and holdings, ensuring ease of management and accessibility.

18.03 / 07:55

Target Career Action economy Sustainability voice electronic Explainer-Who are the BOJ's doves and hawks?

By Leika Kihara

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