Business – Page 362 – Asian News from UK

FDI inflows to India witness 13% growth

FDI inflows into India have increased by 13 per cent during April to August 2020 on a year-on-year basis, official data showed on Tuesday. According to the Ministry of Commerce and Industry,

October 21, 2020

Business

Snapchat registers 52% growth in revenues

Snapchat saw its daily active user base jump to touch 249 million, from 238 million in last quarter, as the company registered a 52 per cent increase in revenue at $679 million

October 21, 2020

Business

India’s hiring activity down by 30%

The hiring activity in India saw a 30 per cent decrease in the June quarter compared to the same period last year as the country saw a rise in contractual jobs, a

October 20, 2020

Business

IBM revenues decline for the 3rd quarter in a row

Reporting sales declines for three straight quarters, IBM has posted $17.6 billion in revenue in the third quarter of this year, compared to $18 billion for the same period last year. The

October 20, 2020

Business

Rs 187 bn Required To Rollout 5G in Mumbai, Delhi: Report

The total capital expenditure required for 5G rollout is estimated to be Rs 187 billion (Rs 18,700 crore) for Delhi and Mumbai, as per a telecom report by Motilal Oswal Financial Services.

October 20, 2020

Business·Tech LITE

Paytm set to enter credit card business

Leading digital financial services platform Paytm on Monday said it will partner with various card issuers to introduce co-branded credit cards and is aiming to issue 20 lakh cards in the next

October 19, 2020

Business·Finance

M&M’s new Thar clocks 15K bookings

Automobile major Mahindra & Mahindra has reported that bookings for ‘All-New Thar’ SUV has now crossed 15,000 bookings, since its launch on October 2, 2020. “Today 57 per cent of all buyers

October 19, 2020

Business·Motoring

HDFC Bank reports 18.4% Rise In Profits

Lending major HDFC Bank on Saturday reported a 18.4 per cent increase in standalone net profit for the quarter ended September 30 of FY21 on year-on-year (YoY) basis. The bank’s net profit

October 19, 2020

Business

Apple expected to grow 15% riding on 5G wave

Apple is expected to witness 15 per cent iPhone growth next fiscal year and the primary wave of Apple 5G telephones has placed the ball in carriers and builders court, research-driven US

October 19, 2020

Business·USA

‘Not the time to think of fiscal deficit limits’

The newly appointed President of the PHD Chamber of Commerce and Industry, Sanjay Aggarwal has called for the Indian government to step in and spend more on infrastructure projects. He also said

October 19, 2020

Business·Economy

Business - Page 362