BENGALURU: TPG Nambiar, founder of BPL and pioneer of India’s consumer electronics brand in the 1990s, passed away on Thursday at 95.Nambiar, who established BPL (earlier known as British Physical Laboratories) in 1963 in Kerala, wanted to create high-quality electronic products after he returned from his stints in the UK and the US. He is…
BENGALURU: Electronics firm British Physical Laboratories India (BPL) group founder and chairman emeritus TPG Nambiar has passed away on Thursday.Nearly 95, Nambiar is survived by his wife Thankam, son Ajit, daughter Anju, daughter-in-law Meena, son-in-law Rajeev Chandrasekhar, and grandchildren Shreya, Devika and Ved.“Shri TPG Nambiar Ji was a pioneering innovator and industrialist, who was a…
NEW DELHI: Indian rupee on Thursday closed near to a record low against the US dollar, which was recorded at at 84.0750 per dollar, nearly unchanged from its Wednesday close of 84.0775. Due to a public holiday, the Indian currency market will be closed on Friday.The rupee briefly touched an all-time low of 84.0950 on…
The index may reach 24,600-24,700 if it maintains above 24,500, with 24,070 as crucial support, says Hrishikesh Yedve of Asit C. Mehta Investment Interrmediates. (AI image) Stock market today: Indian equity benchmark indices, BSE Sensex and Nifty50, opened in red on Thursday. While BSE Sensex was down over 100 points, Nifty50 was near 24,300. At…
NEW DELHI: India needs to create 10 million jobs annually to maintain an average 6.5% gross value-added growth, investment bank Goldman Sachs has estimated and suggested three policy focus areas to raise the country’s employment rate.The suggested three areas of focus include incentivising ‘affordable social housing’ development in the construction sector, diversifying locations of IT…
On October 31 (Thursday), banks will be closed in… Diwali 2024 bank holidays full list: The diverse traditions and customs in India lead to varying bank holidays during Diwali (Deepawali) across different states. Understanding the bank closure dates for Diwali in 2024 is essential for individuals, businesses, and tourists to effectively plan their financial transactions…
According to HDFC Securities’ Deepak Jasani, Nifty has support at lower levels while resistance exists between 24,567-24,694. (AI image) Stock market today: BSE Sensex and Nifty50, Indian equity benchmark indices, opened in red on Wednesday. While BSE Sensex was near 89,050, Nifty was around 24,350. At 9:18 AM, BSE Sensex was trading at 80,058.92, down…
NEW DELHI: If the consumer industry was waiting for a big-bang stress buster after the slowdown pangs during most parts of the year, the auspicious Dhanteras brought in cheer for companies as buyers didn’t disappoint, even when it came to purchase of gold that has seen a strong surge in prices this year.Car sales, which…
NEW DELHI: It is not just Indian households which look to bring gold into their lockers. On Dhanteras, the Reserve Bank of India disclosed that it has shipped another 102 tonnes of gold from Bank of England’s vaults in London to secure locations within the country.At the end of September, of the 855 tonnes of…
NEW DELHI: Gold prices surged by Rs 300, reaching Rs 81,400 per 10 grams in the national capital on Tuesday, driven by strong demand from jewellers and retailers ahead of Dhanteras, as reported by the All India Sarafa Association. Silver also climbed, increasing by Rs 200 to Rs 99,700 per kilogram as industrial units and…
