Category: Stocks

Foxconn Taiwanese electronics major Foxconn on Monday said it is committed for setting up a manufacturing facility in Kongara Kalan near here. Foxconn Technology Group chairman Young Liu in a letter addressed to Telangana Chief Minister K Chandrasekhar Rao, confirmed the commitment of Foxconn in setting up the manufacturing facility in Kongar Kalan and sought […]

Essar group is making a comeback to the  steel sector. The company announced its footprint in three mega projects with an investment of  USD 8 billion over three to four years, according to a report by the Business Standard. The three projects are situated in Saudi Arabia, USA and India. Essar Group plans to open a steel plant in […]

The company has received approval from the US Food & Drug Administration (USFDA) for Fluorouracil Injection, the drug firm said in a statement. PTI March 06, 2023 / 12:20 PM IST Pharma ‘); $ (‘#lastUpdated_’+articleId).text(resData[stkKey][‘lastupdate’]); //if(resData[stkKey][‘percentchange’] > 0){ // $ (‘#greentxt_’+articleId).removeClass(“redtxt”).addClass(“greentxt”); // $ (‘.arw_red’).removeClass(“arw_red”).addClass(“arw_green”); //}else if(resData[stkKey][‘percentchange’] < 0){ // $ (‘#greentxt_’+articleId).removeClass(“greentxt”).addClass(“redtxt”); // $ (‘.arw_green’).removeClass(“arw_green”).addClass(“arw_red”); […]

The 45th GST Council decided to formally tax the restaurant service supplied through e-commerce operators from January 2022. This had a serious bearing on tips and surge/ delivery charges. (Representative image) The pandemic catapulted the utility of doorstep delivery services, especially food and groceries, to a higher level. According to research reports published by Finshots […]

LIC Chairperson MR Kumar LIC Chairperson MR Kumar on Sunday said that the life insurance behemoth has met up with the Adani Group’s top management. LIC is more confident of its business prospects with the group, post its meeting, Kumar told CNBC-TV18. Early last month, Kumar had said that LIC officials were planning to meet […]

FTX Founder and former CEO Sam Bankman-Fried. Prosecutors and attorneys for FTX founder Sam Bankman-Fried are requesting the disgraced cryptocurrency entrepreneur be allowed a flip-phone or another device that?s not a smartphone while on bail. The proposal, submitted in a letter Friday, comes as the judge in the case is deciding how to toughen Bankman-Fried?s […]

The 30-share BSE Sensex declined 159.18 points last week. Five of the top 10 valued firms together added Rs 88,604.99 crore to their market valuation last week, with State Bank of India and ICICI Bank emerging as the biggest gainers. While HDFC Bank, ICICI Bank, State Bank of India, HDFC and Bharti Airtel witnessed gains […]

Equity markets would be mainly driven by global trends and foreign fund trading activity in the holiday-shortened week, analysts said. The BSE and the National Stock Exchange have listed March 7 (Tuesday) as a holiday on account of Holi. However, stock brokers’ association ANMI has urged the government, exchanges and Sebi to shift the holiday […]

Christine Lagarde, president of the European Central Bank (ECB), speaks during a news conference in Frankfurt, Germany, on Thursday, March 10, 2022. The ECB unexpectedly accelerated its wind-down of monetary stimulus, signaling it’s more concerned about record inflation than weaker economic growth as Russia?s invasion of Ukraine threatens to propel prices even higher. European Central […]

The moves follow weeks of unrelenting data showing inflation in the US running hotter than economists had expected, putting pressure on the Federal Reserve to redouble efforts to tamp down growth by raising interest rates. (Representative image) The U.S. dollar slid from a 2-1/2-month high versus the Japanese yen on Friday, on track for its […]

A truck driver stands on a truck near an oil refinery, operated by Bharat Petroleum Corp. Ltd., in Mumbai, India, on Saturday, Dec. 10, 2022. A senior official at India’s oil ministry told reporters this month India has been buying oil from about 30 countries, and will continue to buy from anywhere including Russia beyond […]

The country’s largest airline IndiGo, which is focusing on internationalisation, has received approval from the civil aviation ministry to wet lease up to two planes for operating flights to the United States and Canada, according to a senior official. For the first time, IndiGo started operating wide-body Boeing 777 on Delhi-Istanbul route in February. The […]

A joint probe by the Centers for Disease Control and Prevention (CDC) of the US and the Gambian health authorities has suggested a strong link between the death of many children in Gambia and the consumption of made-in-India cough syrups that were allegedly contaminated. In October, the World Health Organization (WHO) had issued an alert […]

Tyre manufacturer CEAT, the flagship company of RPG Enterprises, has inaugurated its state-of-the-art fully automated warehouse in the city. The warehouse, which has a capacity of two lakh finished tyres, can be expanded two-three times over the next five years, CEAT said in a statement on Saturday. The new warehouse uses state-of-the-art technology to automatically […]

Italian PM Giorgia Meloni receives ceremonial welcome at Rashtrapati Bhavan, Delhi. (Image credits: ANI) Brushing aside past strains, India and Italy have decided to elevate bilateral relations to the level of strategic partnership to ensure they achieve full potential. The partnership was forged during the visit of Italian Prime Minister Giorgia Meloni to New Delhi […]

Upon Irani’s promoting, Bill Gates gave the millet khichdi a good stir before serving himself a bowl of khichdi and tasting it. (Image credit: Screengrab from video tweeted by @smritiirani Microsoft co-founder and philanthropist Bill Gates has commended the progress India is making in fields like health, development and climate and said the country is […]

The Tech Weekender The Treasury Department is preparing a new program that could prohibit U.S. investment in certain sectors of adversarial nations, the Wall Street Journal reported on Friday citing copies of reports provided to lawmakers on Capitol Hill viewed by the newspaper. The Biden administration’s work on the new rules would in practice largely […]

Google on Friday released an audit that examined how its policies and services impacted civil rights, and recommended the tech giant take steps to tackle misinformation and hate speech, following pressure by advocates to hold such a review. The disclosure by the company came after the Washington Post reported earlier on Friday that Google tapped […]

Representative image. The historic market meltdown of Adani Group has shown signs of abating after the Indian conglomerate went on a tour to restore confidence and won a $ 1.9 billion investment by a boutique firm. But a closer look at billionaire Gautam Adani’s empire shows while fears of a debt blowup in the next three years […]