A bigger global effort to stabilise oil prices involving all major oil producers including Russia is again on the cards to see that the current crisis does not escalate further putting several oil producers closer to bankruptcies. ...
A broad sell-off in the overall tech sector amid an ‘underwhelming product launch event this week has resulted in Apple stock plunging nearly 22 per cent from its intraday record high of $137.98 on September 2, losing around $532 billion in market value. ...
In a major relief for foreign portfolio investors, the Union Government has proposed to cap the surcharge on dividend income from FPIs with a trust structure at 15 per cent....
Air India is not finding any takers and the privatisation may be put off by three years, delivering a blow to the efforts to divest the national carrier. ...
The Securities and Exchange Board of India (SEBI) has made it mandatory for mutual fund houses to put in place a policy specifying the specific roles and responsibilities of various teams engaged in activities dealing with order placement, execution of order, trade allocation amongst various schemes....
Riding on the surge in grocery demand in the Covid-19 times, online retail sales in Asia will grow from $1.5 trillion in 2019 to $2.5 trillion in 2024, with a compound annual growth rate (CAGR) of 11.3 per cent, a new Forrester report said on Friday. ...
Automobile manufacturer Kia Motors India on Friday launched its first-ever compact SUV "Sonet" in India....
The OPEC+ cooperation agreement saw "a record level of compliance" in August, Venezuelan Oil Minister Tareck El Aissami said....
To help small and medium businesses (SMBs), the social networking giant has introduced Facebook Business Suite -- a new interface to help businesses save time and stay up to date by managing their Pages or profiles across its family of apps....
American airplane giant Boeing has named B. Marc Allen as its new chief strategy officer and senior vice president for strategy and corporate development...
