The 30-share BSE Sensex was up 467.71 points at 41285.45.
Premium smartphones those priced over Rs 30,000 are expected to grow by 48% in 2020, according to Counterpoint Technology Market Research. With Oppo, Vivo and Realme entering the premium segment, consumers are set to have an abundance of choice, which will help expand the market at a faster pace than before, analysts said.
No-frills carrier SpiceJet on Monday said it has re-started operations of three Boeing 737 freighter aircraft that were grounded earlier this month.
No-frills carrier SpiceJet on Friday said it has grounded three Boeing 737 freighter aircraft due to a "potential defect".
India exports around Rs 18,000 crore worth of spices every year.
IIFL has maintained reduce rating on Ambuja Cements with a target price of Rs 198.
India exports around Rs 18,000 crore worth of spices annually and over the years its dominance has come down to a few spices such as chilli, cumin, turmeric and spice oils and oleoresins from around 20 items. Exporters claim duty credits ranging from 2-7 % under MEIS which they discovered were disabled by DGFT from August 1, resulting in a slowdown in shipments.
Spicejet Chairman and Managing Director Ajay Singh on Wednesday said that the airline is studying the market and may start operation to UAE's Ras Al Khaimah by the beginning of next year. "Just like we operate flights to Dubai, we can operate flight to Ras Al Khaimah," he said, adding that while bilateral rights between Indian cities and Ras Al Khaimah are thin.
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