Tata Steel reported a consolidated net loss of Rs 6,511 crore in the second quarter of 2023-24 as the company was hit by impairment charges and shrinking margins in its operations in Europe....
Kotak Mahindra Bank Limited, Kotak Mahindra General Insurance Company Limited and Zurich Insurance Company Limited have entered into definitive agreements for a transaction whereby Zurich will invest approximately Rs 4,051 crore to acquire a 51 per cent stake in Kotak General Insurance through a combination of fres...
Even though the pause decision of the US Federal Reserve was on expected lines, the commentary was not hawkish as the market feared, says V.K. Vijayakumar, Chief Investment Strategist at Geojit Financial Services....
US-based cybersecurity company Splunk has announced to lay off about 7 per cent of its global workforce, just months ahead of its acquisition by global networking giant Cisco. ...
The gross GST revenue in October rose by 5.7 per cent to Rs 1,72,003 crore from Rs 1,62,712 crore in September. Of the Rs 1,72,003 crore GST collections, Rs 30,062 crore was CGST, Rs 38,171 crore was SGST, Rs 91,315 crore (including Rs 42,127 crore ...
India’s crude oil imports from Russia fell by more than 4 pe rcent in October compared to September, according to figures compiled by energy cargo tracker Vortexa. India imported 1.55 million barrels per day (bpd) of crude oil from Russia ...
Jindal Steel and Power shares dropped more than 6 per cent in trade on Wednesday after analysts flagged delays in execution. Jindal Steel and Power was down 6.45 per cent in trade at Rs 593 on BSE. Tushar Chaudhari - Research Analyst, Prabhudas Lilladher said in a note ...
Consumer spending in India is soaring during the festive season, with people splurging on cars, smartphones, TVs and other items, boosting the country's economic growth, media reports said. According to the reports, sales at e-commerce platforms like Amazon and ...
India's manufacturing activity slowed to an eight-month low in October this year due to demand for consumer goods slipped, according to a survey by the credit rating agency S&P Global. The Manufacturing Purchasing Managers' Index (PMI) declined to 55.5 in ...
The International Solar Alliance (ISA) on Tuesday announced that the Global Solar Facility (GSF), a payment guarantee fund formed by it to stimulate investments into solar power projects, is set to receive a capital contribution of $35 million. ...
