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BUSINESS

India’s data centre pipeline likely to create 4.33 lakh jobs
BUSINESS

India’s data centre pipeline likely to create 4.33 lakh jobs

New Delhi, Aug 3 — India’s proposed data centre pipeline of nearly 9,030 MW could generate nearly 4.33 lakh ecosystem jobs and translate into an estimated 195 million square foot of residential space demand by 2030, a report said on Monday.The report from Square Yards said India currently produces…

Uttar Pradesh moving from local to global: Piyush Goyal
BUSINESS

Uttar Pradesh moving from local to global: Piyush Goyal

New Delhi, Aug 3 — Union Commerce and Industry Minister Piyush Goyal on Monday said that Uttar Pradesh is steadily transforming from a local economic powerhouse into a global growth engine, driven by the leadership of Prime Minister Narendra Modi and Chief Minister Yogi Adityanath. Highlighting the…

Rupee climbs to near one-month peak on lower crude oil prices
BUSINESS

Rupee climbs to near one-month peak on lower crude oil prices

Mumbai, Aug 3 — The Indian rupee surged to a near one-month high on Monday as crude oil prices fell by up to 7 per cent to below the $80-a-barrel mark amid hopes of a deal to end the Iran conflict, while strong foreign inflows further supported the currency.The domestic currency strengthened nearly…

Muthoot Finance shares tumble over 14 pc after Q1 results
BUSINESS

Muthoot Finance shares tumble over 14 pc after Q1 results

New Delhi, Aug 3 — Shares of Muthoot Finance plunged more than 14 per cent on Monday after the gold loan financier announced its June quarter (Q1 FY27) results.The stock opened 7.81 per cent lower at Rs 2,876 on the NSE and extended losses during the session, falling as much as 14.38 per cent to Rs…

TN: Tasmac eyes major bar revamp with fresh licensing process
NATIONAL

TN: Tasmac eyes major bar revamp with fresh licensing process

Chennai, Aug 3 — The Tamil Nadu State Marketing Corporation (Tasmac) is likely to invite online tenders for fresh bar licences in the second week of August as part of a wider plan to improve facilities and service standards at bars attached to its liquor outlets across the state.The fresh licensing…

Hyundai, Kia's US sales up 5 pc in July on robust hybrid demand
BUSINESS

Hyundai, Kia's US sales up 5 pc in July on robust hybrid demand

Seoul, Aug 3 — Hyundai Motor Group said on Monday that its US sales rose 5 per cent from a year earlier in July, driven by robust demand for hybrid and sport utility vehicles.Hyundai Motor America sold 89,427 vehicles in the U.S. market last month, including 6,947 luxury Genesis models, up 3.7…