Browsing Category

Business

Business & economy, industries, companies, technologies and MNCs – News

TTK Prestige, Indusind Bank, Ramco Cements see substantial increase in pledged promoter holdings

Nov 17, 2023

New Delhi, Nov 17 (IANS) TTK Prestige, IndusInd Bank, and The Ramco Cements saw substantial increase in pledged promoter holdings in the September quarter, as per Kotak Institutional Equities.Companies in which pledged promoter holdings declined include Suzlon Energy, Max Financial Services, Jindal Steel & Power, Sobha and Emami, among…

Hyundai, Kia unveil new EVs, concept models

Nov 17, 2023

Seoul, Nov 17 (IANS) Hyundai Motor and its affiliate Kia said on Friday they have unveiled their latest electric vehicle (EV) units and concept models under way at the 2023 Los Angeles Auto Show as the companies strengthen their electric…

Business

Manappuram Finance shares plunge after RBI crackdown

Nov 17, 2023

Mumbai, Nov 17 (IANS) Manappuram Finance fell close to 3 per cent in the morning trade on Friday after the RBI imposed a Rs 42.78 lakh fine on the NBFC for breach of norms and tightened norms for consumer loans. Manappuram Finance was…

Business

Air India operates first ferry flight of A350-900 aircraft

Nov 17, 2023

New Delhi, Nov 17 (IANS) Tata-owned Air India has operated its first ferry flight of A350-900 aircraft from Singapore to Toulouse with its new livery. "Another step closer to the arrival of India's most-awaited aircraft. Our @Airbus…

Business

UBS flags expensive valuations in India versus ordinary fundamental performance of companies

Nov 17, 2023

New Delhi, Nov 17 (IANS) Foreign brokerage, UBS is underweight on expensive markets such as India where retail flows could be at risk with higher rates and hurts from higher oil.On India, UBS said, “Expensive valuations vs. ordinary…

Business

India stands to gain as crude oil prices fall to 4-month low

Nov 17, 2023

New Delhi, Nov 17 (IANS) With crude oil prices falling to a 4-month low in the international market, the Indian economy is expected to get a shot in the arm.The country’s current account deficit had started to spiral out of control due to…

Business

Liquidation remains most common path of closure for cases under insolvency resolution process

Nov 17, 2023

New Delhi, Nov 17 (IANS) Liquidation (accounting for 45 per cent of all closed cases) remains the most common path of closure for cases under the insolvency resolution process, according to a report by Kotak Institutional Equities.As of…

Business

SoftBank likely sold 2.5% stake worth Rs 747 cr in Delhivery

Nov 17, 2023

New Delhi, Nov 17 (IANS) Integrated logistics provider Delhivery on Friday saw 2.51 per cent of its shares worth Rs 747 crore exchanging hands in a block deal, with Japanese investment giant SoftBank as likely seller.Around 1.8 crore shares…

Business

Tim Cook, Elon Musk greet Xi Jinping at gala dinner

Nov 17, 2023

San Francisco, Nov 17 (IANS) From Tesla and SpaceX CEO Elon Musk to Apple chief Tim Cook, top tech honchos and corporate leaders met Chinese President Xi Jinping during a gala dinner here during his state visit. Xi received standing…

Business

Banks, NBFC stocks fall as RBI moves to curb risk in consumer lending

Nov 17, 2023

New Delhi, Nov 17 (IANS) Banks and NBFC stocks are down sharply in trade on Friday after the Reserve Bank of India's (RBI) action raised the risk weightage on unsecured loans.RBL Bank is down almost 7 per cent, AB Capital almost 6 per cent,…

Previous 1 … 1,506 1,507 1,508 1,509 1,510 … 2,115 Next