Photo Credit: Freepik
Today's top stories include correction in November gold imports data, Swiggy's new quick-delivery app, SEBI's warning to Ola Electric, and more.
Global investors have mopped up $1.7 billion worth of Indian technology stocks in the last two months of 2024 as the tech giants gear up to post their third-quarter earnings.
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The import value of gold in the month of November has been revised downward from $14.8 billion to $9.8 billion, according to data from the Commerce Ministry's Directorate General of Commercial Intelligence and Statistics.
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The NSE Nifty 50 ended 18.95 points or 0.08% lower at 23,688.95, while BSE Sensex lost 50.62 points or 0.06% to close at 78,148.49.
Photo Credit: Vijay Sartape/NDTV Profit
Microsoft Corp., which has announced plans to invest $3 billion in India over the next two years, is "super bullish" on the country, according to Puneet Chandok, the president of the global tech major's India unit.
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India’s market regulator has pulled over Ola Electric Mobility Ltd. for announcing its expansion plans on social media first and not on the exchanges.
Photo Credit: Ola website
Swiggy Ltd. has launched a standalone app called Snacc, aimed at the 15-minute food delivery segment. Simultaneously, Zomato Ltd. has also re-entered the quick-delivery space with a 15-minute food delivery service, two years after discontinuing its earlier 10-minute feature, Instant.
Photo Credit: Swiggy Food/ X profile
Indian employers are outpacing global peers in adoption of key technologies, including artificial intelligence, according to the World Economic Forum's Future of Jobs Report 2025.
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The Reserve Bank of India has lifted lending restrictions on Asirvad Micro Finance Ltd. and DMI Finance Pvt. with immediate effect.
Photo Credit: Vijay Sartape/NDTV Profit
Jeff Bezos' Blue Origin is set to launch its first-ever orbital rocket, thereby entering the competitive rocket launch industry dominated by Elon Musk’s SpaceX. Blue Origin, in a blog, said it will launch New Glenn’s inaugural mission, or NG-1, on Jan. 10.
Photo Credit: Jeff Bezos/ X profile