Showing posts from August, 2022

Domestic Airfare Caps Removed, How It Will Impact flyers?

In a significant move, the Indian government has removed the price caps on domestic airfares as on August 31,…

Akasa Air Suffers, Data Breach

Akasa Air, which started operations less than a month ago, has suffered data breach resulting in certain cust…

Don't Burden Utilities, Pay, For Freebies From Budgets: FM

Union Finance Minister Nirmala Sitharaman on Friday said political parties that come to power on pre-poll pro…

NDTV Shares Continue, To Gain; Hit Upper Circuit Limit

Shares of New Delhi Television Ltd (NDTV) hit the upper circuit limit for the third straight day on Friday an…

BNP Paribas Arbitrage Offloads PVR Shares, Worth Rs 74 Crore

BNP Paribas Arbitrage on Thursday offloaded 4.05 lakh shares of multiplex film exhibition company PVR Ltd for…

Amazon, To Shutter Virtual Health Care Service Amazon Care

Amazon is shutting down the hybrid virtual, in-home care service it's spent years developing, a surprisin…

SEC Questions Twitter, On How It Counts Fake Accounts

U.S. securities regulators are questioning Twitter about how it counts fake accounts on its platform. The Sec…

Ford Cutting 3,000 White-Collar Jobs, In Bid To Lower Costs

Ford Motor Co. is cutting about 3,000 white-collar jobs as it attempts to lower costs and make the transition…

BoB To Raise Rs 2,500 Crore, Via Bonds

State-owned Bank of Baroda on Monday said it will raise Rs 2,500 crore from bonds to fund business growth. Th…

Smart Play with Financial Instruments

Rotating the strike is the Key Lords! A cloudy English day! Green Grass on the Pitch! Seaming and Swinging co…

Google Workers, Demand Abortion Protections, Data Privacy

Hundreds of Google employees are petitioning the company to extend its abortion healthcare benefits to contra…

RBL Bank Offloads Over 12 Pc Stake, In Kilburn Engineering

RBL Bank on Wednesday said it has offloaded over 12 per cent stake in Kilburn Engineering since May for a tot…

ESIC Committed, To Serve Poor, Says Bhupender Yadav

Union labour minister Bhupender Yadav on Wednesday said that Employees' State Insurance Corporation (ESIC…

LIC Launches Special Campaign, To Revive Lapsed Policies

Insurance behemoth Life Insurance Corporation of India (LIC) on Tuesday announced the launch of a campaign fo…

Russia's Economy Gets Boost, From Wartime Grain Shipments

With much fanfare, ship after ship loaded with grain has sailed from Ukraine after being stuck in the country…

Make In India: Govt Holds Meeting, On Container Production

A meeting was held on Monday between Union Minister of Ports, Shipping and Waterways Sarbananda Sonowal and h…

Equity AUM Reaches Rs 15 Trillion, Inflows Decelerate

The Nifty, after three consecutive months of decline, bounced back smartly in Jul'22 with 8.7% MoM gain -…

5G Mobile Services To Start Soon: PM Modi

India will soon see the advent of 5G mobile services, Prime Minister Narendra Modi said on Monday as he roote…

Renowned Stock Investor Rakesh Jhunjhunwala Passes Away

Seasoned stock market investor Rakesh Jhunjhunwala passed away at the age of 62 in Mumbai, according to sever…

Corporate Tax Mop, Up Grows 34% Between Apr-July

The income tax department on Friday said corporate tax collections in the first four months of the current fi…

Bank Of Baroda Plans, To Raise Up To Rs 2,500 Cr

New Delhi, Aug 12 (PTI) Bank of Baroda on Friday said it is mulling raising debt capital within its limit of …

ONGC Net Triples, To Rs 15k Cr On Bumper Oil, Gas Prices

India's top oil and gas producer ONGC on Friday reported a tripling of net profit in the June quarter as …

Adani To Invest Rs 57,575 Crore, In Alumina Mill In Odisha

Adani group will invest Rs 57,575 crore in setting up an alumina refinery in Odisha as the conglomerate run b…

Elon Musk Sells $7B In Tesla Shares Ahead, Of Twitter Fight

Elon Musk has sold nearly $7 billion worth of shares in Tesla as the billionaire gets his finances in order a…

US Pledges $1 Billion More Rockets, Other Arms, For Ukraine

The Biden administration announced another $1 billion in new military aid for Ukraine on Monday, pledging wha…

No Proposal For Setting Up 8th, Pay Commission: Govt

The government is not considering setting up 8th Pay Commission for central government employees, Minister of…

'Cipla' Betting Big on Digitisation And Emerging Segments

Drug major Cipla is betting big on digitisation and emerging segments like biosimilars and mRNA aided medicat…

Bank Of England Predicts Recession, At The End Of The Year

The Bank of England announced its biggest interest rate increase in 27 years on Thursday as it forecast that …

Uber Sells 7.8 % Stake in Zomato For Rs 3,088 Crore

Ride-hailing app Uber on Wednesday offloaded 61.2 crore shares of online food delivery aggregator Zomato Ltd …

India's Trade Deficit Trebles YoY In July To $31.02 Billion

The country's trade deficit increased to $31.02 billion during the last month given the increase in coal …

5G Auction: Record, Rs 1.5 Lakh Cr Bids; Jio Top Bidder

India's biggest ever auction of telecom spectrum received a record Rs 1.5 lakh crore of bids, with Mukesh…

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