Crude oil prices surged on Monday on expectations that 'OPEC+', the cartel of Organisation of the Petroleum Exporting Countries (OPEC) and its allied oil producing nations would limit the oil output at the current levels. Brent crude crossed the $53 per barrel mark and touched a multi-month high of ...
India's manufacturing sector growth inched up in December, as improving business environment pushed order flow. The headline seasonally adjusted IHS Markit India Manufacturing Purchasing Managers' Index (PMI) inched up to 56.4 (index reading) in December up from 56.3 ...
A members-only credit card management and bill payments platform CRED on Monday said it has raised $81 million in its Series C round, which puts the company at $806 million valuation. In the process, existing and former employees have liquidated their ESOPs, ...
Carmaker Nissan Motor India Pvt Ltd will soon start exporting its new compact sports utility vehicle 'Magnite' to Indonesia and South Africa, said a top company official. He also said in the domestic market it has confirmed 32,800 booking for Magnite out of over 1.20 lakh enquiries....
Banking sources reveal that some of the members of the Committee of Creditors (CoC) with large exposure to DHFL, are seeking to oust Oaktree from the bidding race for DHFL assets. ...
As foreign portfolio investments (FPI) surged amid the pandemic, December 2020 recorded the highest-ever monthly inflow of FPIs at Rs 62,016 crore....
Borje Ekholm, Chief Executive Officer (CEO) of Swedish telecom giant Ericsson, has been lobbying the government to repeal a ban that prohibits Huawei and ZTE from participating in the country's 5G construction, according to local newspaper Dagens Nyheter....
Samsung Electronics, the world's largest memory chip maker, is expected to report a smaller-than-earlier operating income estimate due to the weakness of the US dollar, industry sources said on Sunday....
Odisha has recorded a growth of 20 per cent in gross Goods and Services Tax (GST) collection during December 2020 compared to December 2019, a senior tax official said on Saturday....
Earnings and freight load continued to maintain a high momentum for the Railways in December 2020, registering an increase of 8.54 per cent and 6.87 per cent respectively compared with last year's figures for the period....
