Sensex and Nifty opened on a flat note on Friday. Selling pressure was seen in sectors like metal, media and IT scrips during the early trade. At 9.16 a.m., the Sensex traded 26.32 points lower at 37,804.66 from its Thursday's close of 37,830.98. The broader Nifty was down 6.65 points at ...
A weaker-than-expected result saw Amazon shares down as the retail giant reported $63.4 billion in revenue with $2.6 billion in net income for the second quarter (Q2) of 2019. A year of record profit came to an end for Amazon although the company said the net sales increased 20 per cent to $63.4 billion in the second quarter, ...
US House has passed a budget deal that will boost overall spending levels and suspend the federal debt ceiling for the next two years. The agreement, struck between the White House and Congress in a bipartisan fashion Monday, covers fiscal years 2020 and 2021, and would raise overall ...
The European Central Bank (ECB) has kept key interest rates for the euro area unchanged but revised forward guidance to open doors for possible monetary policy easing. The central bank said in its latest policy decision statement on Thursday that it expects the key interest rates to remain "at their present or lower levels" ...
India's leading biotech firm Biocon on Thursday reported Rs 206-crore consolidated net profit for the first quarter (Q1) of fiscal 2019-20, registering a whopping 86 per cent annual growth from Rs 120 crore in the same period a year ago. In a regulatory filing on the BSE, the city-based firm said consolidated ...
India's Niti Aayog on Thursday entered into a partnership with Facebook-owned WhatsApp to support the growth of a robust ecosystem to promote women entrepreneurs in India. Under this partnership, WhatsApp, in collaboration with Niti Aayog, will ...
India's subsidies to petrol and diesel between October 2018 and June 2019 amounted to almost three times the three-year government budget for electric vehicle (EV) support, a new study revealed on Thursday. The study by Global Subsidies Initiative (GSI) of the International Institute ...
Indian Institute of Technology, Kanpur (IIT Kanpur) on Thursday entered into a partnership with Swedish telecom gear maker Ericsson to deploy Narrowband Internet of Things (NB-IoT) to monitor air pollution in Delhi. "With support from Ericsson, we will develop and deploy India's first NB -IoT ...
The Enforcement Directorate has summoned Amrapali group's Chief Financial Officer, Secretary and others to Lucknow for questioning on Friday on charges of money laundering. The official told IANS that the agency would also question several other officials of the Amrapali group next week....
Korean automobile major Hyundai Motor is developing an electric vehicle for the mass market and will launch it in a couple of year's time, said a top company official. "Hyundai Motor is transforming into a mobility solutions provider from and ...
