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Anil Kumar, CEO, RedSeer Consulting. File

Internet economy is poised to become $1 Tn by 2030: RedSeer

Special Correspondent The report broadly classified India’s digital consumer base under the following three cohorts:

Sundram Fasteners Q3 net dips 16.8% to ₹103.34 crore

N Anand Costs of material consumed increased by 12%, while total expenditure by 14%, it said in a regulatory filing

MRF Q3 net dips by 71.49% to ₹145.85 crore

N Anand Total expenditure grew by ₹751 crore to ₹4,701.55 crore

Bosch predicts that by 2030, every third new vehicle in India will be an EV.

Bosch to invest ₹2,000 cr in India in next five years

The Hindu Bureau Bosch reports 26.3% growth in net profit to ₹235 cr in Q3

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Y-shaped safety belts to be mandated for all seats in car

SC allows ED to rely on forensic auditors' report for charge sheet against Unitech ex-promoters

India will witness acceleration in 5G deployment by first half of 2022: Dell Technologies

Bosch Global Software Technologies expands to Hyderabad

MRF Q3 net dips by 71.49% to ₹145.85 crore

Sundram Fasteners Q3 net dips 16.8% to ₹103.34 crore

Internet economy is poised to become $1 Tn by 2030: RedSeer

The report broadly classified India’s digital consumer base under the following three cohorts:

RIL unit picks up stake in EV firm Altigreen

Mumbai Reliance New Energy Ltd (RNEL) a wholly-owned subsidiary of Reliance Industries Ltd (RIL) has entered into an agreement with Altigreen

Bosch to invest ₹2,000 cr in India in next five years

Bosch reports 26.3% growth in net profit to ₹235 cr in Q3

India captured a significant share of global fintech investments: KPMG

Globally, payments space alone saw $51.7 billion in investment in 2021, up from $29.1 billion in 2020, KPMG said in a report

Supreme Court issues notice to Future group on Amazon plea against Delhi HC stay

The Delhi High Court had stayed proceedings before a Singapore arbitral tribunal against Future group's ₹ 24,500 crore proposed deal with Reliance.

Explained | What is SWIFT and why is Russia being threatened with exclusion from the service?

SWIFT is a messaging network used by banks and financial institutions globally for quick and faultless exchange of information pertaining to financial transactions

RBI begins three-day monetary policy meet to decide on key rates

Reserve Bank Governor Shaktikanta Das headed six-member Monetary Policy Committee is scheduled to announce the policy resolution on February 10.

Rane Holdings incur loss before tax of ₹16 cr. in Q3

Revenues from international customers increased 2%. The demand was partially impacted due to semiconductor shortages.

Zerodha’s Kamath leads $4mn-fundraise by marketing tech platform Kofluence

The newly raised money will be deployed for developing a proprietary platform, accelerating hiring across multiple geographies and scaling up for expansion, as per a statement.

Chennai-based MangoPoint raises ₹1.82 crore from TCA and others

It focuses on preserving and promoting high quality mangoes

Truecaller partners with Android smartphone makers to pre-load the app

“This move is in line with our global ambitions to make it available for everyone,” CEO and co-founder of Truecaller Alan Mamedi said

Deeply regret any offence caused to people of India: Hyundai

Even as calls for boycott of some global brands continued to trend on social media over the controversy on “Kashmir Solidarity Day” messages, Hyundai

Dutch watchdog fines Apple $5.7 million again in App Store dispute

The Authority for Consumers and Markets has been levying weekly fines of 5 million euros on Apple since the company missed a January 15 deadline to make changes ordered by the watchdog.

Explained: RBI’s digital currency plans

Why is the Government introducing CBDC? What will be the risks in the transition to a new monetary system?

Meesho adopts permanent ‘work from anywhere’ policy for all employees

The company will be headquartered in Bengaluru and will look to set up remote offices across the country based on talent demand and density.

Tube Investments Q3 net up 12% to ₹120 crore

Board declares an interim dividend of ₹2 per share

Maruti Suzuki opens bookings for new Baleno

The model will be powered by Next-Gen K-Series dual jet dual VVT engine with idle start-stop

Demand for high rises wane amidst the pandemic says report

NCR witnessed the most notable change in new project typologies.

Performing arts online learning gets leg up during pandemic

Kafqa Academy, a technology enabled performing arts platform, started amidst the pandemic said it has secured over 100,000 student registrations, a growth of 40 times.

Hyundai India under fire over ‘Kashmir’ tweet by Pakistan dealer

In response, Hyundai Motors India said, "Hyundai Motor India has been committed to the Indian market for more than 25 years now and we stand firmly for our strong ethos of respecting nationalism."

Explained: The tumbling of Meta platforms’ shares

Why do shares move up or down? What was the trigger for the sharp drop in Meta shares?

Don’t rush into buying a policy

Before signing on the dotted line, know what your plan gives you.

Leveraging can lead to a bitter domino effect

Borrowing money to make an investment may not always be a good idea

Explained | When will new Vande Bharat trains be launched?

Who is designing the 400 trains? Where will they be manufactured? What is distinct about them?

BharatPe’s Nakrani says CEO enjoys his confidence

Co-founder Grover sought CEO’s ouster

IndusInd Bank moves NCLT against ZEEL

IndusInd Bank, in its plea before the Mumbai bench of the NCLT has claimed a default of ₹83.08 crore against the media and entertainment firm, says ZEEL.

SBI Q3 net profit rises 62% to ₹8,432 crore, slippages zoom

Made additional provisions to address stress seen on the horizon, says Khara

Coal India mulls bulk exports for first time

Energy crisis likely to delay shipments

CUB net rises 15% on drop in provisions

Gross NPAs rose to 5.21% from 2.94% and net NPA more than doubled to 3.44% from 1.47%.

TVS group firms settle cross holding of shares

Family members complete settlement

Centre sets stock limits on edible oils

Only 6 States implemented October order to impose stock limits

Concessional tax rate tied to firms setting up new units fast, says Revenue Secretary

Tarun Bajaj refers to the Budget’s extension of 15% rate till March 2024

IndiGo logs first quarterly profit since pandemic

Decline in COVID-19 cases, removal of capacity curbs aid turnaround

Parliament proceedings | Govt says has received complaints against online firms alleging FDI policy violation

Such complaints against e-commerce entities have been forwarded to ED, he said.

Jio invests $15 million in Silicon Valley-based Two Platforms for 25% stake

Two is an Artificial Reality company with focus on building interactive and immersional AI experiences

Aditya Birla Fashion to foray into D2C business

The newly incorporated entity will organically incubate and also acquire promising and scalable D2C brands.

Audi India eyes double digit growth in 2022

The new launch comes with an introductory price of ₹79.99 lakh onwards

‘LIC’s embedded value set at over ₹5 trillion’

Metric will establish market valuation

Banks act against Future Retail for missing payments

Future Retail’s loans classified as NPA

Carborundum Universal to buy two German abrasives firms

CUMI Abrasives GmbH, Germany,(CAG) a step down wholly owned subsidiary of the Carborundum Universal Ltd. (CUMI), has announced the buyout of two

SF Holdings Q3 net rises 22% to ₹34 cr.

SF Holdings primarily operates as a holding company owning a portfolio of automotive businesses

‘COVID hit 300 of 403 regional air routes’

It says only 22 of 94 routes awarded in inaugural round are operational

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