Category: Stocks

Representative Image Nepal Airlines has decided to sell five of its troublesome Chinese planes after no one came forward to lease them from the loss-making national carrier despite a deadline extension, according to a media report on Saturday. While the Finance Ministry of Nepal is the owner of the Chinese planes, the state-owned Nepal Airlines […]

Disgraced Theranos CEO Elizabeth Holmes was sentenced Friday to more than 11 years in prison for duping investors in the failed startup that promised to revolutionize blood testing but instead made her a symbol of Silicon Valley ambition that veered into deceit. The sentence imposed by U.S. District Judge Edward Davila was shorter than the […]

The approval granted by the US Food & Drug Administration (USFDA) to Strides Pharma Global Pte Ltd, Singapore, is for potassium chloride oral solution of strength 40 mEq/15mL (20 per cent), Strides Pharma Science (Strides) said in a regulatory filing. PTI November 18, 2022 / 01:58 PM IST ‘); $ (‘#lastUpdated_’+articleId).text(resData[stkKey][‘lastupdate’]); //if(resData[stkKey][‘percentchange’] > 0){ […]

The company had clocked a revenue of close to Rs 4,000 crore during FY’22. PTI November 18, 2022 / 01:58 PM IST Representative image Leading construction machinery major Tata Hitachi was aiming at 15-20 per cent rise in revenue in the current fiscal, a top company official said. The company had clocked a revenue of […]

The US Food and Drug Administration (USFDA) had conducted a pre-approval inspection of the facility from November 14, 2022, to November 17, 2022, Bajaj Healthcare Ltd (BHL) said in a regulatory filing. PTI November 18, 2022 / 02:02 PM IST Bajaj Healthcare ‘); $ (‘#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”); […]

SEZABY is a benzyl alcohol-free and propylene glycol-free formulation of phenobarbital sodium powder for injection. PTI November 18, 2022 / 02:08 PM IST Sun Pharmaceutical Industries ‘); $ (‘#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”); //} if(resData[stkKey][‘percentchange’] >= 0){ $ (‘#greentxt_’+articleId).removeClass(“redtxt”).addClass(“greentxt”); […]

Jio True 5G is now available in Delhi, Gurugram, Noida, Ghaziabad, Faridabad and other major national capital regions with 1 Gbps+ speeds Jio director Kiran Thomas said that Jio 5G would be a game changer for both small and big enterprises. Reliance Jio has become the first operator to provide 5G services across the Delhi-NCR […]

Indian and European regulators are clashing over whether to broaden oversight of securities settlement, a dispute that risks disrupting operations of BNP Paribas SA to HSBC Holdings Plc, or at the least bump up their costs. The potential damage stems from the European Securities and Markets Authority’s move to withdraw recognition — effective May 2023 — to […]

The country’s largest carmaker on Friday crossed the 3,500 car sales outlets mark, more than doubling it from 1,300 dealerships a decade ago. PTI November 18, 2022 / 02:43 PM IST Maruti Suzuki India (File image) ‘); $ (‘#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){ // $ […]

The private sector lender said it has inked a memorandum of understanding (MOU) with JCB India, a leading manufacturer of earthmoving and construction equipment. PTI November 18, 2022 / 02:47 PM IST federal bank ‘); $ (‘#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”); // […]

A profile of 30-year-old FTX Founder and CEO Sam Bankman-Fried. He resigned last week Erin Griffith How could a $ 32 billion company vaporize overnight? That’s what anyone watching the sudden collapse of FTX, a hot cryptocurrency start-up that plunged into bankruptcy last week, might be puzzling over. It will take time — and multiple […]

A round-up of the biggest articles from newspapers Reserve Bank estimated to have bought $ 8 billion from market in less than a month The Reserve Bank of India may have bought more than $ 8 billion from the market in less than a month, boosting its foreign currency stockpile and enhancing rupee liquidity by […]

Earlier this month, the lock-in period ended for the pre-offer investors that had invested in Paytm, which was listed on the bourses in November last year. PTI November 18, 2022 / 08:10 AM IST One 97 Communications: BOFA Securities Europe, Morgan Stanley, Societe Generale pick 2.79% stake in Paytm. BOFA Securities Europe SA has acquired […]

Representative image. (Source: ShutterStock) Chartered accountants’ apex body ICAI is looking into the financial disclosures made by edtech major Byju’s amid concerns that there are issues related to them, according to a top official. The development also comes against the backdrop of Lok Sabha member Karti Chidambaram flagging concerns about the financials of the edtech […]

Their flagship stores in Mumbai and Delhi will have more than 200 luxury and designer brands under one roof, said a joint statement. PTI November 17, 2022 / 01:38 PM IST Aditya Birla Fashion and Retail ‘); $ (‘#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){ // $ […]

The auto major said it will supply 52-seater fully built BS VI diesel buses in a phased manner, as per the contract. PTI November 17, 2022 / 01:46 PM IST ‘); $ (‘#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”); //} if(resData[stkKey][‘percentchange’] […]

Hunt said he would soften the blow on businesses with a 13.6 billion pound ($ 16.1 billion) support package over the next five years, he told parliament during the presentation of his autumn statement. Reuters November 17, 2022 / 06:38 PM IST Britain will proceed with a revaluation of business properties from April 2023 to […]