Category: Stocks

Priyanka Gandhi turned emotional and cried when she met her in the Vellore Central Prison over a decade ago, Nalini told reporters in Chennai answering a question on the meeting. PTI November 13, 2022 / 02:31 PM IST Nalini Sriharan (File pic) Priyanka Gandhi Vadra asked about the killing of her father Rajiv Gandhi when […]

Corporate bond issuance is likely to remain muted witnessing 4-5 per cent growth this fiscal to touch Rs 41.42 lakh crore on rising coupon rates, despite the drawdown more than doubling in the second quarter, a report said. Bond sales more than doubled to Rs 2.1 lakh crore in the second quarter from the first […]

The ‘local committees’ formed to deal with taxpayers’ grievances arising out of ‘high-pitched’ scrutiny assessments shall submit their report within about two months, the CBDT has reiterated in a public communication. A set of “revised” guidelines were issued by the Board in this context in April and these were applicable for cases being scrutinised under […]

The funds were raised a day before its initial share-sale that opened for public subscription on Friday. The issue will conclude on November 15. PTI November 11, 2022 / 11:21 AM 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”); […]

The drug firm had logged a profit after tax (PAT) of Rs 98 crore in July-September period of previous fiscal year. PTI November 12, 2022 / 02:41 PM IST Representative Image JB Chemicals & Pharmaceuticals has reported 13 per cent rise in profit after tax at Rs 111 crore for the second quarter ended September […]

The U-field is part of ONGC’s flagship deep-water KG-DWN-98/2 Cluster-II development project in the prolific Krishna Godavari Basin. PTI November 12, 2022 / 03:42 PM IST Representative Image Prime Minister Narendra Modi on Saturday dedicated to the nation Oil and Natural Gas Corporation Limited’s U-field onshore facilities at Odalarevu in B R Ambedkar Konaseema district […]

Foxconn Apple supplier Foxconn plans to quadruple the workforce at its iPhone factory in India over two years, two government officials with knowledge of the matter said, pointing to a production adjustment as it faces disruptions in China. Foxconn has grabbed headlines in recent weeks, with tight virus restrictions at its Zhengzhou plant, the world’s […]

Further details on the bankruptcy of crypto exchange FTX emerged on Saturday, even as peers and partners distanced themselves from the firm and sources told Reuters at least a billion dollars of customer funds on the exchange had vanished. The saga that has shaken the crypto world began with a rumour on Nov. 2 and […]

In 2021, hackers had stolen $ 2.1 billion in cryptocurrency. At least $ 1 billion of customer funds have vanished from collapsed crypto exchange FTX, according to two people familiar with the matter. The exchange’s founder Sam Bankman-Fried secretly transferred $ 10 billion of customer funds from FTX to Bankman-Fried’s trading company Alameda Research, the […]

Its crude steel output was at 14.25 LT in October 2021, JSW Steel said in a statement. PTI November 11, 2022 / 12:24 PM IST Representative image JSW Steel on Friday posted 25 percent rise in standalone crude steel production at 17.76 lakh tonne (LT) during October 2022. Its crude steel output was at 14.25 […]

Alstom French rolling stock manufacturer Alstom on Friday said it has bagged a contract worth 98 million euro (about Rs 798 crore) to design, manufacture and commission 78 advanced metro coaches from Chennai Metro Rail Limited (CMRL). These new metro cars will operate on the 26 km corridor, a part of Phase-II, between Poonamallee Bypass […]

As part of the collaboration, a fleet of electric two-wheelers and three-wheelers from TVS Motor will be deployed for Amazon’s last-mile deliveries. PTI November 09, 2022 / 02:10 PM IST Amazon (Image: AP) Amazon India and TVS Motor Company have joined hands to strengthen electric mobility in the country, the companies said in a joint […]

The Mumbai-based drug maker has inked a pact with Sun Pharma Advanced Research Company (SPARC) to commercialise benzyl alcohol and propylene glycol-free phenobarbital sodium powder for injection in the US. PTI November 09, 2022 / 02:18 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 […]

This fundraise also saw the participation of several existing and new investors including DMI Alternative Investment Fund and US-based Top Shelf Equity Partners. PTI November 09, 2022 / 12:25 PM IST Monsoon CreditTech, a Fintech startup has raised funds from a group of investors led by HDFC Capital. This fundraise also saw the participation of […]

IT company Zoho has crossed the USD 1 billion revenue mark in 2021 with India business growing 77 per cent on year-over-year basis, a top company official said on Tuesday. Zoho Corp Co-founder and CEO Sridhar Vembu said while the scale of US and Europe contribution to the company’s overall business is higher, India business […]

Representative image One reason the current economic situation is so fraught is that the world is facing three kinds of business-cycle mechanisms at the same time. The first two are well-known, but the third — known as the Austrian theory of the business cycle — is not. The first driver of this phase of the business cycle […]

Representative Image Launching the “I made Gujarat” campaign for the Bharatiya Janata Party (BJP) ahead of Assembly elections in the state, Prime Minister Narendra Modi highlighted the progress that the state had made in the past two decades, a time when he had served as the chief minister of the state for about 12 years […]