
India’s market cap is currently the 5th largest globally (US $4.5 trillion) but its weight in global indices is still low at 1.6% (10th rank), foreign brokerage, Jefferies said in a report. ...

A U.S. court has found two Chinese nationals guilty of a "sophisticated scheme to defraud Apple out of millions of dollars’ worth of iPhones."...

Google-owned YouTube has unveiled a new look for creators' channels on its TV app, with the goal of improving the user experience and making content more accessible on the big screen. ...

India is home to at least 247 million entrepreneurial households who will be the drivers of India's next economic wave, driving an $8.8 trillion transaction value in FY23, a new report showed on Wednesday. ...

FIIs massively sold financial stocks worth $30 billion while IT sector saw large buying of $4.5 billion in January 2024, JM Financial Institutional Securities said in a report. ...

After the grand success of its latest product line, the realme 12 Pro series 5G, realme has announced the upcoming launch of its new addition to the number series- realme 12+ 5G. This will be the first time that the brand is launching a “plus” (+) model that is set to make its debut in the mid-premium segment. ...

Fintech personal loans have grown steadily in the country and contributed to a third of overall active personal loans in September 2023, registering 62 per cent of sanction volumes in the first half (H1) of the current fiscal year (FY24), a new report said on Wednesday. ...

Singapore-based VC firm Jungle Ventures on Wednesday said it will infuse another $20 million in India's fastest growing ice cream brand Walko Food. ...

Digital Public Infrastructure (DPIs) like Unified Payments Interface (UPI) and Aadhaar are poised to propel India towards a $8 trillion economy by 2030, helping the country achieve a $1 trillion digital economy target, a Nasscom-led report said on Wednesday. ...

Corporate commentary in the quarter gone by lacked any concrete evidence of pickup in rural demand which reflected in the underperformance of the FMCG sector in every time frame in last one year, JM Financial Institutional Securities said in a report. ...