Ericsson India sale drops 32.5 per cent to $230 million in Q2 2025Ericsson's net sales in India plummeted by 32.5% to $230 million due to telecom operators curtailing new network investments. This decline ...
15 Jul, 2025, 08.20 PM IST
Asian currencies gain as dollar weakens, but rupee lags on domestic headwindsThe dollar index has significantly depreciated due to policy uncertainties and geopolitical factors, prompting diversification away from th...
10 Jul, 2025, 06.18 AM IST
Truecaller proposes $54 million dividend, cancellation of repurchased sharesThe Stockholm-headquartered caller identification and spam protection platform will also seek permission from the AGM on May 23 to repurcha...
11 Apr, 2025, 07.36 PM IST
Dollar index touches a 4-month low, rupee gainsThe dollar index is used to measure the US currency's strength against a basket of six currencies: the euro, Swiss franc, Japanese yen, Can...
10 Mar, 2025, 05.37 AM IST
Seen huge increase in imports from India, says Swedish Financial Markets MinisterWe have seen a huge increase, a large increase in percentage points in the import. We are very happy to import from India as well, we’re a ...
26 Nov, 2023, 05.47 PM IST
Kalpataru Power completes acquisition of Swedish firm Linjemontage i GrastropThe Swedish company has been engaged in three main business areas -- engineering procurement and construction of substation, transmission a...
07 Jul, 2022, 09.01 PM IST
Truecaller debuts on Nasdaq Sweden, Sequoia India all praise for ‘category creator’Truecaller’s share price, which the company had set at 52 krona, opened at 60 krona but was back down to 52 krona within a couple of hours,...
08 Oct, 2021, 05.05 PM IST
India among top-5 countries in Q1 net sales for EricssonOn the performance of the Southeast Asia, Oceania and India markets, it said sales increased y-oy in digital services due to timing of orde...
21 Apr, 2021, 07.34 PM IST
Kalpataru completes acquisition of 85% stake in Swedish firmKalpataru Power Transmission Ltd (KPTL) announced the acquisition last month.
30 Apr, 2019, 05.39 PM IST
India, Sweden ink pact to collaborate on solutions for smart cities, clean techThe programme was co-funded by Indian Department of Science and Technology (DST) and Swedish agency Vinnova.
11 Apr, 2019, 03.55 PM IST
Credit Suisse cautious on rupee; retains 12-month forecast at Rs 70 against US dollarThe rupee hit a fresh two-week low of 68.93 against the USD in early session today.
07 Aug, 2018, 02.48 PM IST
China to launch yuan's direct trading with 7 more currenciesThe move will bring the number of foreign currencies that are allowed direct trading with the yuan to 23, state-run 'Xinhua' news agency re...
10 Dec, 2016, 02.46 PM IST
Ericsson's revenue in India rises 34%, SEK sales at 3.2 billionThe Swedish telecom gear maker had reported sales of SEK 2.4 billion in the same period last year, the company said in a statement.
28 Jan, 2016, 02.33 AM IST
Collaboration is the only way to save news media: Andreas Mattsson, founder, Swedish South Asia Media ProjectAs news organisations struggle for survival in the western countries including Sweden, Mattsson says that editors need to wake up to the fa...
01 Dec, 2015, 09.22 AM IST
Ericsson says Q2 sales in India rise 85% year-over-yearThe company also said its India headcount rose to 21,353 at the end of June this year, from 18,495 in the same period last year.
17 Jul, 2015, 01.30 PM IST
Ericsson's India net sales up 13% at Rs 1,314 cr in March quarterThe Swedish firm said that regulatory uncertainty is leading to cautious spending.
24 Apr, 2013, 10.07 PM IST
- Most global currencies have fallen against dollar
A sharp depreciation has not been peculiar to India with most of the world’s major currencies falling against the dollar during this period.
26 May, 2012, 09.49 AM IST