Improved yarn prices because of a sharp rebound in demand in the second half of the current fiscal will help maintain the operating profitability of Indian synthetic (polyester and viscose) yarn companies at 10 per cent this fiscal, despite the pandemic effects....
The Indian stock market traded deep in the red on Wednesday with the BSE Sensex falling nearly 800 points....
Adani Green Energy Ltd (AGEL) on Wednesday announced that it has signed a share purchase agreement for the acquisition of 100 per cent stake in two special purpose vehicles (SPV) holding 74.94 MW operating solar projects of Sterling & Wilson, a Shapoorji Pallonji group company....
Amazon has appointed Salesforce executive Adam Selipsky as new head of its Cloud computing arm Amazon Web Services (AWS)....
Chip maker Intel has announced to invest $20 billion for two new manufacturing facilities in the US, along with plans to to outsource more of its chip production to third-party foundries....
The Yogi Adityanath government in Uttar Pradesh has notified new rules for the retail sale and storage of liquor....
Most people are of the opinion that online fantasy sports classify as gambling. ...
Encrypted messaging app Telegram on Tuesday said it has raised $150 million from two key Abu Dhabi-based investors and will open a office here. ...
German consumer durable major BSH Hausgerate GmbH (BSH) will start manufacturing refrigerators in India, a senior official said on Tuesday. ...
Global credit rating agency Moody's Investors Service on Tuesday said it has withdrawn the ratings, assessments and outlooks of the Indian Overseas Bank, IOB's Hong Kong Branch and the Central Bank of India....
