China's economy grew at its slowest pace in almost three decades last year, with the world's second largest economy logging a growth of 6.6 per cent in 2018. After witnessing a sizzling double-digit growth for three decades, the Chinese economy has been on a downturn over the years as the country deals with bad ...
Kotak Mahindra Bank on Monday reported a 22.57 per cent increase in its standalone net profit during the October-December quarter on a year-on-year basis. Its standalone net profit stood at Rs 1,290.93 crore, up from Rs 1,053.21 crore recorded during the third quarter of the financial year 2017-18, the bank said...
Buoyed by the high demand in the Banking, Financial Services and Insurance (BFSI), telecom and manufacturing sectors in India, Cloud major Oracle is set to launch its first-ever data centre in India later this year, a top global executive told IANS on Monday. ...
Resuming its self-driving programme, global ride-sharing major Uber has hired a "micromobility robotics" team to work on autonomous bikes and scooters. The company is working to develop electric scooters and bicycles which can drive themselves around cities in order to reach customers and charging points....
Broadly positive global markets and a strong third quarter earnings reported last week aided the Sensex and Nifty to advanced over 0.50 per cent during Monday's afternoon trade session. Most Asian stocks traded comfortably in the green despite China reporting a ...
Pharmaceutical major Sun Pharma's stock gained 4 per cent to touch a high of Rs 406.35 on Monday after it ended Friday's trade lower at more than 8 per cent. The pharma scrip was beaten down heavily on Friday as it lost close to 13 per cent intra-day following a complaint by a whistleblower to the Securities and ...
Twenty-six richest billionaires own as many assets as the 3.8 billion people who make up for the poorest half of the planets population, British charity Oxfam said in a report on Monday. In an annual wealth check released to mark the start of the World Economic ...
Highlighting the Narendra Modi government's focus on Africa as a top priority in its foreign and economic policy, External Affairs Minister Sushma Swaraj on Saturday said that strong India-Africa relations would redefine the contours of the international order on more egalitarian lines....
Media houses taking up arms against fake news, publishers looking towards subscriptions to make up for the losses, which may fuel lay-offs and thus weaken further their ability to hold politicians and tycoons to account, are the key trends in the media sector in 2019, finds a report....
US stocks rose as Wall Street became more optimistic about potential progress in trade negotiations between Washington and its key trading partners while digesting some key economic data. The Dow Jones Industrial Average on Friday jumped 336.25 points, or 1.38 per ...
