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Apple Inc.’s iPhones are mainly assembled by Taiwanese manufacturing giants like Wistron and Foxconn Technology Group. Tata’s deal would advance India’s efforts to create local contenders to challenge China’s dominance in electronics. Tata Group is close to taking over a major plant in southern India in a deal that would give the country its first homegrown iPhone maker. The airline-to-software conglomerate has been in talks with the factory’s owner, Taiwan’s Wistron Corp., for months, and Read More

DMart, which faces intense competition from Reliance Industries Ltd and is known for discounts on everything from pulses to clothes, has seen inflation-weary consumers tighten spending on non-essential purchases. Shares of Avenue Supermarts Ltd , which operates the DMart retail chain, fell 4.7% on Monday after the company’s fourth-quarter profit missed estimates and core profit margin contracted as consumers curbed discretionary spending. DMart, which faces intense competition from Reliance Industries Ltd and is known for Read More

Petrol and Diesel Rate Today in Delhi, Bangalore, Chennai, Mumbai, Hyderabad: Petrol and diesel prices were constant on Friday, 12 May across New Delhi, Kolkata, Mumbai, and Bengaluru. Petrol rates and diesel rates have been steady over the last eleven months. However, individual cities see fluctuations in their prices everyday. The prices of petrol and diesel change state by state, depending upon various criteria such as Value Added Tax (VAT), freight charges, local taxes, etc. The Read More

Oil prices bounced back on Thursday after dropping by more than a dollar a barrel the previous day, supported by stronger fuel demand data from the United States, the world’s top oil consumer. Brent crude futures rose by 56 cents, or 0.7%, to $76.97 a barrel by 0330 GMT, while U.S. crude futures rose 53 cents, also up 0.7%, to $73.09. A sharper-than-expected drop in U.S. gasoline inventories boosted prices, reflecting stronger demand for transport Read More

Gold Price Today, Gold Price Outlook, Gold Price Forecast: Gold rate is trading higher on Tuesday, while the silver rate is up 0.12%. On Multi Commodity Exchange, gold June futures were trading at Rs 61,061 per 10 grams, up Rs 134 or 0.22%. Silver May futures were trading higher by Rs 95 at Rs 77,174 per kg on MCX. Globally, the yellow metal prices flitted in a narrow range on Tuesday ahead of U.S. inflation Read More