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New Delhi, Oct 3 (SocialNews.XYZ) India's economy witnessed its highest Navratri sales of consumer goods in over a decade, propelled by the government's next-gen GST reforms that reduced tax rates and made products more affordable for the consumers. These measures not only lowered prices but also unlocked consumer aspirations, enabling families to upgrade vehicles, invest in home appliances, and spend more freely on lifestyle goods, turning festive cheer into record-breaking consumption, as per ...Read More >
Bengaluru : Aequs Limited ("Aequs"), the only precision component manufacturer operating within a single special economic zone in India to offer fully vertically integrated manufacturing capabilities in the Aerospace and Consumer Segments (Source: F&S Report), will raise fresh capital of up to Rs. 720 crores through an initial public offering (IPO). Aequs has filed an updated draft red herring prospectus (UDRHP1) for a Fresh Issue comprising Equity Shares bearing face value of ₹ 10 each aggrega ...Read More >
New Delhi, Oct 1 (PTI) LG Electronics India Ltd, the Indian arm of South Korea's LG conglomerate, on Wednesday announced that its much-awaited Rs 11,607 crore initial public offering (IPO) will open for subscription on October 7, giving the valuation of around Rs 77,400 crore (USD 8.7 billion) The company's maiden public offering will be available for subscription until October 9 in the price range of Rs 1,080-1,140 per share. The bidding for anchor investors is scheduled for October 6, the comp ...Read More >
New Delhi: LG Electronics India Ltd, the Indian arm of South Korea's LG conglomerate, on Wednesday set the price band at Rs 1,080-1,140 per share for its much-awaited Rs 11,607 crore initial public offering (IPO).At the upper end, the company is valued at around Rs 77,400 crore.The IPO will open for subscription on October 7 and close on October 9, with anchor investor bidding scheduled for October 6, the company said in a public announcement. This will be the second South Korean company to tap ...Read More >
New Delhi, Sep 30: LG Electronics India Ltd, the local subsidiary of South Korean conglomerate LG, is preparing to launch its Initial Public Offering (IPO) on October 7. The share sale will remain open for subscription until October 9, while the bidding for anchor investors will open on October 6, the company said in its Red Herring Prospectus (RHP) filed on Tuesday. Second South Korean firm to list after Hyundai Motors India This will be the second South Korean company to tap the Indian stoc ...Read More >
New Delhi, Sep 30 (PTI) LG Electronics India Ltd, the local subsidiary of South Korean conglomerate LG, is preparing to launch its Initial Public Offering (IPO) on October 7. The share sale will remain open for subscription until October 9, while the bidding for anchor investors will open on October 6, the company said in its Red Herring Prospectus (RHP) filed on Tuesday. This will be the second South Korean company to tap the Indian stock market following the listing of Hyundai Motors India L ...Read More >
Mumbai: In a cyber-fraud racket bust on Saturday, the Central Bureau of Investigation (CBI) has arrested two members of a gang that ran two illegal call centres in Nashik. Operators of the call centres would impersonate insurance agents and government authorities to dupe nationals of the United Kingdom (UK). The CBI has identified the two arrested accused as Shyam Kamnakar and Ganesh, who have been remanded to the agency's custody till Monday by a special CBI court in Thane. Following searches ...Read More >
New Delhi: The Central Board of Indirect Taxes & Customs (CBIC) is set to hold a meeting with industry associations and trade bodies to discuss the implementation of recent GST reforms and rate rationalisation. CBIC chief Sanjay Kumar Agarwal has also urged field formations for proactive outreach to assist businesses in ensuring a smooth transition. Starting Wednesday, the meeting will bring together key ministries and sectors to facilitate seamless implementation, address technical queries, an ...Read More >
NEW DELHI: Minister of Electronics and IT Ashwini Vaishnaw on Tuesday said that construction of five semiconductor units is currently progressing at a rapid pace. The minister, while speaking at Semicon India 2025, also mentioned that the pilot line of one unit is complete and the first Made in India chip was presented to the Prime Minister at the event. The minister also presented the first test chips from four sanctioned projects to Prime Minister Narendra Modi. The Vikram chip, developed by ...Read More >
Electronics contract manufacturer Optiemus Infracom Wednesday announced the launch of locally made tempered glass screen protectors for mobile phones, manufactured in collaboration with US-based Corning. The screen protectors will be sold under the brand name RhinoTech. Optiemus is projecting a revenue of Rs 1800-2000 crore by end of FY27 following the launch of the tempered glass. The company said this is the first time in India that advanced screen protectors will be produced locally and ma ...Read More >
India's top 10 merchandise export destinations in 2024 list: Together, the top 10 countries notably make up 51% of India's total share of merchandise export percentage in 2023-24, with the US leading at 17.90%, India's top 10 merchandise export destinations in 2024: Amid rising global economic instability, marked by trade conflicts and tariff disputes, India's exports have reached USD 778.21 billion in 2023-24. It saw a historic rise of 67 per cent over the past decade (2013-14), according to ...Read More >
The Union Cabinet has approved the establishment of four new semiconductor manufacturing units at a total cost of ₹4,594 crore. Two of the facilities will be set up in Odisha, with one each in Andhra Pradesh and Punjab, according to a statement by the Ministry of Electronics & IT. These four proposals approved are from SiCSem, Continental Device India Private Limited (CDIL), 3D Glass Solutions Inc., and Advanced System in Package (ASIP) Technologies. While SiCSem and 3D Glass will be set up in ...Read More >
New Delhi: The Supreme Court on Wednesday set aside an order of bail to Olympic medallist and wrestler Sushil Kumar in a 2021 murder case of former junior national wrestling champion Sagar Dhankar at the Chhatrasal Stadium in the national capital. A bench of Justices Sanjay Karol and Prashant Kumar Mishra noted the allegations in the FIR, which said the national capital was made into a "criminal playground" to settle scores with no regard for the law of the land, and directed Kumar to surrender ...Read More >
NEW DELHI: Top American specialty glass and technology company Corning is expanding its business in India as it ties up with local contract manufacturer Optiemus through a trademark and licensing agreement for screen protectors.The company is also close to starting production of finished cover glass for smartphones in India in a Rs 1,000-crore JV also with Optiemus. The factory is likely to begin production in Dec this year. This will be the first time it will directly supply finished cover glas ...Read More >
New Delhi [India] August 8 (ANI): A proposed 100 per cent US tariff on semiconductor imports, announced by President Donald Trump, could force a strategic shift of Taiwan's chip production landscape, potentially pulling more of the island's semiconductor operations onto American soil, reports Focus Taiwan. Liu Pei-chen, a researcher at the Taiwan Institute of Economic Research, warned that Trump's tariff threat signals a shift from incentive-driven industrial policy to one defined by force. "No ...Read More >
New Delhi [India] August 8 (ANI): A proposed 100 per cent US tariff on semiconductor imports, announced by President Donald Trump, could force a strategic shift of Taiwan's chip production landscape, potentially pulling more of the island's semiconductor operations onto American soil, reports Focus Taiwan.Liu Pei-chen, a researcher at the Taiwan Institute of Economic Research, warned that Trump's tariff threat signals a shift from incentive-driven industrial policy to one defined by force. "Now ...Read More >
New Delhi [India] August 8 (ANI): A proposed 100 per cent US tariff on semiconductor imports, announced by President Donald Trump, could force a strategic shift of Taiwan chip production landscape, potentially pulling more of the island semiconductor operations onto American soil, reports Focus Taiwan. Liu Pei-chen, a researcher at the Taiwan Institute of Economic Research, warned that Trump tariff threat signals a shift from incentive-driven industrial policy to one defined by force. Now he is ...Read More >
Samsung considers India a vital market with significant growth prospects. The company is optimistic about India's future. Samsung plans to manufacture its new foldable phones in Noida. The brand focuses on innovation and local value addition. Samsung aims to reduce repair costs for consumers. The company is also streamlining its product range in India for better efficiency. Consumer electronics major Samsung sees India as a "key strategic market" with "immense potential" and stays optimistic ab ...Read More >
Kharagpur: A day after 21-year-old Ritam Mondal was found hanging in his hostel room, IIT Kharagpur authorities on Saturday have decided to set up a student-led task force at the wing level of every hostel. This initiative aims to ensure that students themselves remain vigilant about their peers and can report any noticeable behavioural changes to the hall council and hall management committee for prompt action.It is the fourth death in seven months and the fifth in a year that the premier insti ...Read More >
NEW DELHI, July 19: 'Made in India' Samsung Galaxy Z Fold7, Galaxy Z Flip7 and Galaxy Z Flip7 FE smartphones have received record pre-orders in India, the company said on Saturday. Consumer electronics maker Samsung on Saturday said it has received 2.1 lakh pre-orders for the latest seventh generation of its foldable smartphone series within 48 hours of its launch in India. Samsung's seventh generation of foldable smartphone series was launched in India on Jul 9, 2025. Samsung, which last wee ...Read More >
Mumbai, July 19 (SocialNews.XYZ) Actor Harshvardhan Rane, who was last seen in 'The Miranda Brothers', is heaping praise on the recently released film 'Saiyaara', and its team. On Saturday, the actor took to the Stories section of his Instagram, and penned a special note for the film and its makers after it witnessed a stellar opening day. He wrote, "Another melodious example of a love story shattering all myths and formulas of the industry. Honest heart wrenching love story wins again in 2025 ...Read More >
New Delhi, Jul 19 (PTI) Consumer electronics maker Samsung on Saturday said it has received 2.1 lakh pre-orders for the latest seventh generation of its foldable smartphone series within 48 hours of its launch in India. Samsung's seventh generation of foldable smartphone series was launched in India on Jul 9, 2025. Also Read | Bodoland Lottery Result Today, July 19, 2025: Assam State Lottery Sambad Saturday Lucky Draw Results Declared, Check Winners List With Ticket Numbers. Samsung, which la ...Read More >
New Delhi, Jul 19 (PTI) Consumer electronics maker Samsung on Saturday said it has received 2.1 lakh pre-orders for the latest seventh generation of its foldable smartphone series within 48 hours of its launch in India. Samsung's seventh generation of foldable smartphone series was launched in India on Jul 9, 2025. Samsung, which last week launched Galaxy Z Fold7, Galaxy Z Flip7 and Galaxy Z Flip7 FE smartphones, said this huge number of pre-orders signals "huge consumer demand and excitement ...Read More >
MUMBAI: Reliance Industries, India's largest company in terms of market value, reported a 76% increase in quarterly profit to Rs 30,681 crore on Friday, led by gains from the sale of some of its listed investments and strong growth across its key businesses. Other income surged 280% to Rs 15,119 crore due to profit (Rs 8,924 crore) on sale of its stake in Asian Paints. Excluding the Rs 8,924 crore gain, profit was higher by 25%. Earnings was also driven by a rebound in its oil-to-chemicals (O2C) ...Read More >
New Delhi, Jul 18 (PTI) The Congress accused the CBI on Friday of going soft in its probe against Pharmacy Council of India (PCI) Chairman Montu Patel in an alleged multi-crore-rupee scam. Addressing a press conference at the All India Congress Committee (AICC) headquarters here, Rajya Sabha MP and party spokesperson Shaktisinh Gohil alleged that the CBI did not present all the facts before the court that led to Patel getting interim protection from arrest. He said it took the Central Bureau o ...Read More >
New Delhi: Reliance Retail Ventures Ltd, Reliance Industries Ltd's retail arm, on Friday reported a consolidated profit of ₹3,271 crore for the April-June first quarter, up 28.3% from a year ago. Revenue from operations grew 11.3% year-on-year to ₹73,720 crore. Reported ebitda at ₹6,381 crore was up 12.7% year-on-year, while ebitda margin improved further by 20 bps year-on-year to 8.7%. Ebitda, a measure of core operations, stands for earnings before interest, taxes, depreciation, and amortizat ...Read More >
New Delhi, Jul 18 (PTI) The central drugs laboratories have found 55 samples manufactured by various firms in June to be "not of standard quality", health ministry officials said on Friday. Further, state drugs testing laboratories have identified 130 drugs samples as 'not of standard quality', they said. Also Read | Chhattisgarh: 6 Bodies of Naxals Recovered in Ongoing Encounter With Security Forces in Narayanpur. According to routine regulatory surveillance activity, the list of 'not of sta ...Read More >
New Delhi, Jul 18 (PTI) Reliance Retail Venture Ltd (RRVL), the retail arm of billionaire Mukesh Ambani-led Reliance Industries, on Friday reported a 28.3 per cent jump in its profit after tax at Rs 3,271 crore in the quarter ended June 30, 2025, on the back of robust revenue growth across segments. The company had reported a profit after tax of Rs 2,549 crore in the same quarter last fiscal, according to a regulatory filing of Reliance Industries Ltd (RIL). Gross revenue in the first quarter ...Read More >
Indian e-commerce just got more inclusive. Flipkart, India's homegrown marketplace giant, has launched "Advertise Now, Pay Later"... India's home entertainment landscape just got a major upgrade. THOMSON, the iconic French consumer electronics brand, has launched its groundbreaking Mini QD LED TV series featuring India's first television with 2 in-built subwoofers - exclusively on Flipkart from July 17, 2025. The 65'' and 75'' Mini QD LED TVs aren't just bigger screens - they're complete enter ...Read More >
Bengaluru: After Delhi, nearly 40 schools in Bengaluru received bomb threats via e-mail on Friday morning, leading to panic among students, teachers and parents. Police teams have rushed to all locations and search operations are underway. Schools in R R Nagar and Kengeri were among those targeted, the police said. Cyber experts are making all efforts to trace the sender of the mail. Sources revealed that the sender could be suffering from mental health issues. In the mail, he has spoken about ...Read More >
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