MUMBAI: RBI has stated that Tata Sons’ application for de-registration as an NBFC is under examination. This is the first time the …
Business
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MUMBAI: Stocks of companies belonging to the Adani group rallied as much as 10% in Thursday’s market on the back of news …
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Business
US could cut interest rates 3 or 4 times this year: Fed official
by superadminby superadminThe US Federal Reserve could cut rates three or four times this year if inflation data cooperates, with a first cut possible …
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Business
CCI penalises investment manager of Goldman Sachs AIF for failing to notify Biocon deal
by superadminby superadminNEW DELHI: The Competition Commission has imposed a penalty of Rs 40 lakh on the investment manager of Goldman Sachs AIF for …
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Business
US saw more applications for unemployment benefits last week, despite historically low layoffs
by superadminby superadminThe number of Americans applying for unemployment benefits spiked last week, though the job market is majorly healthy, with layoffs reduced to …
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BENGALURU: E-commerce giant Amazon has entered into an agreement to acquire Axio, a Bengaluru-based digital lending startup formerly known as Capital Float, …
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Business
Havells Q3 net profit slips 3.5% to Rs 278 crore; revenue rises 10.8% to Rs 4,889 crore
by superadminby superadminNEW DELHI: Consumer electrical goods maker Havells India Ltd on Thursday reported a 3.45 per cent decline in consolidated net profit to …
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Business
Reliance Q3 net rises 7.4% on rebound in retail, higher telecom earnings
by superadminby superadminNEW DELHI: Reliance Industries Ltd on Thursday reported a 7.4 per cent rise in its December quarter net profit, as its retail …
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Business
Infosys Q3 profit up 11.5 pc at Rs 6,806 crore; company raises growth guidance
by superadminby superadminNEW DELHI: IT services major Infosys on Thursday reported 11.46 per cent increase in consolidated net profit at Rs 6,806 crore for …
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Business
Gold prices hit two-month high at Rs 81,300 per 10 gm amid Rupee slide and global trends
by superadminby superadminGold prices soared Rs 500 on Thursday, reaching a two-month high of Rs 81,300 per 10 grams in Delhi’s bullion market. The …