India's 4th Generation Deep-Ocean Submersible Matsya-6000 clears wet tests

IANS | February 17, 2025 4:23 PM

New Delhi, Feb 17 (IANS) India’s Fourth-Generation Deep-Ocean Submersible 'Matsya-6000' has successfully completed wet testing at the harbour, paving the way for conducting shallow-water demonstrations at depths reaching up to 500 meters by the end of 2025, according to an official statement issued on Monday.

Sensex, Nifty bounce back to end 8-day losing streak

IANS | February 17, 2025 4:00 PM

Mumbai, Feb 17 (IANS) The Indian benchmark equity indices on Monday reversed their early losses to end their eight-day losing streak, and closed the intra-day trading session in the positive territory.

India’s smartphone exports surge by 140 pc to $3 billion in Jan

IANS | February 17, 2025 11:49 AM

New Delhi, Feb 17 (IANS) India’s smartphone exports in January surged by as much as 140 per cent over the same month of the previous year, to reach a record high of Rs 25,000 crore ($3 billion) as tech giants Apple and Samsung stepped up overseas shipments from their supply chains in the country, according to industry estimates.

LG Electronics bets big on India market ahead of its mega IPO

IANS | February 17, 2025 10:33 AM

New Delhi, Feb 17 (IANS) After Hyundai Motor India Ltd (HMIL), the Indian subsidiary of Hyundai Motor Company, listed on the Indian stock market in a landmark Rs 27,856 crore initial public offering (IPO), another South Korean giant LG's India arm is all set for its mega IPO.

Indian stock market opens lower, Nifty below 22,850

IANS | February 17, 2025 9:45 AM

Mumbai, Feb 17 (IANS) The Indian benchmark indices opened lower on Monday amid mixed global cues as selling was seen in auto, IT and PSU bank sectors in the early trade, as the upcoming reciprocal trade tariffs announced by the US government stayed on top of the investors’ mind.