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Arvind Fashions share price jumps 8 per cent after sale of beauty subsidiary to Reliance Beauty and Personal Care

Nov 3, 2023

New Delhi, Nov 3 (IANS) Arvind Fashions share price is up 8 per cent after the company sold its subsidiary, Arvind Beauty Brands Retail to Reliance Beauty and Personal Care.Arvind Fashions' share price is up 8 per cent at Rs 351.70 on BSE.Arvind Fashions has entered into a Share Purchase Agreement (SPA) with Reliance Beauty & Personal Care…

Spice & pickles king Atul Bedekar dies at 56 in Mumbai (Lead)

Nov 3, 2023

Mumbai, Nov 3 (IANS) Atul V. Bedekar, the spice and pickles king, and Director of the V. P. Bedekar & Sons group, passed away following a prolonged illness early on Friday, family sources said here.He was 56 and breathed his last around…

Business

Netweb Technologies registers over 100% increase in total income

Nov 3, 2023

New Delhi, Nov 3 (IANS) Netweb Technologies, a leading high-end computing solutions (HCS) provider in India, has achieved strong growth in the quarter ended September 30, where its total income increased by 100.4 per cent year-over-year,…

Business

Since FIIs are short in market, short covering is possibility

Nov 3, 2023

New Delhi, Nov 3 (IANS) The positive global sentiments can embolden the bulls in India to stage a comeback. Since FIIs are short in the market, short covering is a possibility, V.K. Vijayakumar, Chief Investment Strategist at Geojit…

Business

Amazon made extra $1 bn in profit via secret pricing algorithm: US FTC

Nov 3, 2023

San Francisco Nov 3 (IANS) Amazon ran a secret pricing algorithm, codenamed "Project Nessie", that may have generated the e-commerce platform more than $1 billion in extra profits, according to new details that emerged from the US Federal…

Business

Apple logs $43.8 bn in iPhone sales, new September quarter record

Nov 3, 2023

New Delhi, Nov 3 (IANS) Apple registered $43.8 billion in iPhone revenue in the September quarter, up 3 per cent year-over-year (YoY) and a new quarter record.In the quarterly earnings report on Thursday, Apple CEO Tim Cook said that the…

Business

SpiceJet adds 44 flights on its new, existing routes

Nov 3, 2023

New Delhi, Nov 3 (IANS) SpiceJet on Friday announced the addition of 44 flights on its new and existing routes.Recently, the airline has also inducted eight Boeing 737s, including four 737 Max.Expanding its flight network, SpiceJet also…

Business

AI most ‘destructive force’ in history, may take away all jobs: Musk tells Sunak

Nov 3, 2023

London, Nov 3 (IANS) Deadly robots that can climb trees, AI that may render all jobs obsolete and a work-less future are a near possibility for humanity, Tesla and SpaceX CEO Elon Musk has told UK Prime Minister Rishi Sunak.There will come…

Business

Apple achieves all-time revenue record in India: CEO Tim Cook

Nov 3, 2023

Cupertino (California), Nov 3 (IANS) Apple has achieved an all-time revenue record in India in the September quarter (Q3), said its CEO Tim Cook, adding that there is a lot of headroom to grow in the country where “a lot of people are…

Business

Elon Musk reveals his son’s middle name is Chandrasekhar: MoS IT

Nov 3, 2023

New Delhi, Nov 3 (IANS) Rajeev Chandrasekhar, Minister of State for Electronics and IT on Thursday met Tesla and SpaceX CEO Elon Musk during inaugural AI Safety Summit in the UK. The meeting came as Musk-run Tesla and Starlink internet…

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