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Latest news on July 9, 2024: NRAI said the sector is the second largest employer, with employment of 85.5 lakh in FY24 and is set to increase to 1.03 crore in FY28.
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July 9, 2024 8:49 PM IST
Business News LIVE Updates : India’s food services sector set to reach ₹7.76 lakh crore by FY28: NRAI
- The sector has recovered from the setback of the COVID-19 pandemic during which it shrunk to ₹2 lakh crore in FY21, down from ₹4.24 lakh crore in FY20.
July 9, 2024 8:18 PM IST
Business News LIVE Updates : Cognizant pays 4 crore to settle CFO Jatin Dalal’s lawsuit with Wipro: Top points
- Cognizant said that former Wipro senior vice president (SVP) Mohammad Haque’s lawsuit with Wipro has also been settled.
July 9, 2024 8:03 PM IST
Business News LIVE Updates : Mahindra XUV700 AX7 prices cut by over ₹2 lakh: How much will it cost and till when?
- Mahindra & Mahindra said that the model will be available in the special price only for a period of four months starting July 10.
July 9, 2024 7:49 PM IST
Business News LIVE Updates : US stock market: S&P 500, Nasdaq open at fresh record highs ahead of Jerome Powell testimony
- Jerome Powell’s appearance before the Senate Committee comes amid expectations for interest rate cuts later in 2024 that have contributed to recent records.
July 9, 2024 7:43 PM IST
Business News LIVE Updates : Dyson layoffs: Company to cut around 1,000 jobs in Britain
July 9, 2024 7:21 PM IST
Business News LIVE Updates : Gujarat’s non-major ports see 15% surge in cargo traffic in first quarter
- This surge was primarily driven by private ports and captive jetties, which handled over 90% of the total cargo
July 9, 2024 5:22 PM IST
Business News LIVE Updates : Domestic air passenger traffic up 6% in June 2024: ICRA
- Ratings agency ICRA said that the momentum in air passenger traffic witnessed in FY2024 is expected to continue into FY2025
July 9, 2024 4:05 PM IST
Business News LIVE Updates : Emcure Pharmaceuticals IPO debuts tomorrow: All you need to know ahead of listing
- Emcure Pharmaceuticals IPO listing: Ahead of the listing, Emcure Pharma IPO GMP is +352 which indicates that the company’s share price was trading at a premium.
July 9, 2024 3:50 PM IST
Business News LIVE Updates : How much you can save from Uttar Pradesh’s waiver of registration fee on hybrid cars
- The waiver applies to popular models such as Maruti Suzuki’s Grand Vitara and Invicto, Toyota’s Hyryder and Innova Hycross, and Honda’s City.
July 9, 2024 3:40 PM IST
Business News LIVE Updates : Equity fund inflows rise by 17% to ₹40,608 crore in June, a fresh high: AMFI data
- Inflows into large-caps rose 46% to 9.7 billion rupees, a three-month high, supported by policy continuity and macroeconomic stability.
July 9, 2024 3:15 PM IST
Business News LIVE Updates : Paytm management summoned by Labour commissioner over alleged layoffs: Report
- As per the notice, representatives from Paytm management and complainants have been requested to appear at the department’s office along with records.
July 9, 2024 2:51 PM IST
Business News LIVE Updates : Tata Motors reduces price of Harrier, Safari, to provide benefits upto 1,40,000
- The company will reduce the price of Safari, Harrier, Nexon, Punch, the Sierra and the Safari, it said.
July 9, 2024 2:36 PM IST
Business News LIVE Updates : Stopped sale of 14 suspended products: Patanjali tells Supreme Court
- Patanjali told the Supreme Court that it has issued instructions to 5,606 franchise stores to withdraw these products.
July 9, 2024 2:26 PM IST
Business News LIVE Updates : LIC asks shareholders to update these details to avoid higher TDS on dividends: Check deadline
- Dividends will be paid to members who own equity shares of the Corporation, either in real or electronic form.
July 9, 2024 1:47 PM IST
Business News LIVE Updates : Good news for car buyers: Uttar Pradesh scraps registration tax on these cars
- Currently, Uttar Pradesh levies an 8% road tax on vehicles priced below ₹10 lakh and a 10 per cent tax on vehicles priced above ₹10 lakh (ex-showroom).
July 9, 2024 1:36 PM IST
Business News LIVE Updates : Is there a deadline for LPG eKYC compliance? Hardeep Singh Puri clarifies
- Hardeep Singh Puri said, “It is also clarified by OMCs that there are no “Mustering” of customers at Showrooms of LPG distributorships.”
July 9, 2024 12:56 PM IST
Business News LIVE Updates : HDFC Bank scheduled downtime on July 13: Which services you can, cannot use this Saturday
- HDFC Bank downtime on July 13: The scheduled downtime is on Saturday and will begin from 3:00am and end at 4.30pm on the same day.
July 9, 2024 12:23 PM IST
Business News LIVE Updates : Oil prices hold steady as concerns over hurricane Beryl damage ease
- Brent futures rose 4 cents to $85.79 a barrel by 0622 GMT, while U.S. West Texas Intermediate (WTI) crude climbed 2 cents to $82.35.
July 9, 2024 11:35 AM IST
Business News LIVE Updates : Why Maruti Suzuki shares are soaring almost 5% today: Should you buy?
- This year, shares of Maruti Suzuki surged over 22 per cent, outperforming 12 per cent rise in Nifty 50 index.
July 9, 2024 11:09 AM IST
Business News LIVE Updates : This is world’s most affordable country for immigrants in 2024: India in top 10
- Asian countries dominated 2024’s list getting 6 out of 10 positions. Southeast Asia stood out with Vietnam, Indonesia, Philippines, Thailand ranking in top 10.
July 9, 2024 10:33 AM IST
Business News LIVE Updates : Yes Bank shares clarification on 51% stake sale report: ‘Factually incorrect’
- Yes Bank said that report on the Reserve Bank of India (RBI) giving nod to the 51% stake sale is factually incorrect and purely speculative.
July 9, 2024 10:18 AM IST
Business News LIVE Updates : Microsoft giving iPhones to employees in China who use Android phones for work
- Microsoft will give an iPhone 15 as a one-time-purchase and these will be available for collection at various hubs across China.
July 9, 2024 9:47 AM IST
Business News LIVE Updates : MCX technical glitch: Commodity trading to begin one hour late at 10am
July 9, 2024 9:35 AM IST
Business News LIVE Updates : Mukesh Ambani’s Reliance Retail planning a sports brand like Decathlon: Report
- Reliance Retail is reportedly planning to lease 8,000-10,000 sq ft spaces in prime locations across top cities for a yet-to-be-named brand.
July 9, 2024 9:00 AM IST
Business News LIVE Updates : US stock market may fall 10% soon: What Morgan Stanley’s top strategist said
- Morgan Stanley’s top strategist Mike Wilson said that “the chance of a 10% correction is highly likely sometime between now and the election.”