Vedanta-Foxconn will invest Rs 1,54,000 crore to set up the facility in Gujarat, which would create…
business
India’s Industrial Output Jumps 3.1% In September Vs 0.8% Fall In August: Official Data
India’s electricity sector output rallied in double-digits at 11.6 per cent year-on-year to 187.4 in September
Zomato Q2 Net Loss Narrows To Rs 251 Crore As Online Orders Jump
Revenue from operations rise to Rs 1,661 crore, from Rs 1,024 crore a year ago
Govt Allows Trade Settlement In Rupee for Export Promotion Schemes; DGFT Notifies Norms
The DGFT has permitted exporters to avail incentives under the foreign trade policy, even on realisation…
MRF Q2 Net Profit Dips 32% to Rs 130 Crore; Rs 3 Interim Dividend Declared
MRF’s revenue from operations rises to Rs 5,826 crore during September 2022 quarter, compared with Rs…
China Lashes Out at Visit by UK Trade Minister to Taiwan
China seeks to isolate Taiwan diplomatically, requiring governments that it has formal relations with to respect…
Reliance Set to Acquire METRO Cash & Carry India in 500 Million Euros Deal
The deal includes 31 wholesale distribution centres, land banks and other assets owned by METRO Cash…
Marque Investors Participate In DroneAcharya Aerial Innovations Pre-IPO
DroneAcharya Aerial has also announced its plans to acquire 100-plus new drones as a part of…
Twitter India Starts Laying Off Employees; Communications, Marketing Teams Among Hit
Engineering, sales& marketing, and communications teams are seeing layoffs; no clarity yet on the severance package…
Bank of England Raises Interest Rate to 3%, Highest in Over Three Decades
The country’s central bank has also asked citizens to brace for the longest-ever recession in the…
US Fed Announces Fourth Straight 0.75 Point Rate Hike
The Fed’s aggressive rate hikes this year so far have not had a noticeable impact on…
Builder Ordered to Pay Rs 51 Lakh in Refund to Homebuyer for Not Delivering Promised Road
The complainant sought a refund as the builder, Godrej Projects Development Ltd, failed to deliver their…
Tata Steel Q2 Net Profit Plunges 90% to Rs 1,297 Crore
Tata Steel’s total income during July-September 2022 stands at Rs 60,206.78 crore as against Rs 60,657.98…
Musk Orders Job Cuts Across Twitter, 75% of Workforce May Be Laid Off: Report
The report said that some managers at Twitter were being asked to ‘draw up lists of…
Layoffs: Karnataka IT Union Says Byju’s Forcing Bengaluru HQ Staff To Resign; Company Denies Allegation
Byju’s says around 5 per cent, or 2,500, of overall positions are being rationalised as part…
Ikea India Net Loss Widens to Rs 902 Crore in FY22; Sales Up 77% to Rs 1,076 Crore
Ikea India’s total income went up by 73.1 per cent to Rs 1,125.5 crore in FY22
US GDP Growth Rebounds In Q3 At 2.6% On Trade, But Demand Is Slowing
GDP in the US increases at a 2.6 per cent annualised rate last quarter, ending two…
Income Tax: ITR Filing Deadline for Companies Extended Till November 7
The due date to file ITR will be November 30, 2022, for companies which are subject…
Diwali Festivities, Upcoming Wedding Season Boost Gold Sales; Check Prices Here
Despite inflationary pressure, the sales of gold rose by 35 per cent this Dhanteras, which lasted…
Muhurat Trading 2022: Samvat 2079 Begins On Auspicious Note As Sensex Surges 525 Points
Sensex was trading higher by 650 points to 59,960; while Nifty was higher by 185.1 points,…
FPIs Sell Indian Equities Worth Rs 6,000 Crore in October on Strengthening Dollar
FPI flow is expected to remain volatile in the coming months due to ongoing geopolitical risk,…
ICICI Bank Q2 Results: Net Profit Jumps 37% YoY To Rs 7,558 Crore, NII Rises 26%
ICICI Bank’s net interest income during July-September 2022 jumps 26 per cent YoY to Rs 14,787…
UK: Boris, Rishi or Penny – Whoever Replaces PM Liz Truss Will Face Highest Govt Debt in 60 Years
Public borrowing rose to 98% of economic output in September as rampant inflation increased interest payments…
India on ‘Wait & Watch’ Mode; Trade Pact Talks on Track, New Delhi Says After Liz Truss’ Resignation
Commerce and industry minister Piyush Goyal asserted that there is "no deal unless both are satisfied," and…
Future Generali’s New Health Insurance Offers Global Treatment, Cashless Facilities
They offer individuals the choice of the sum insured in multiples of Rs 50 lakhs, ranging…
‘Take Care of My Daughter. She is Unwell,’ Pilot of Chopper That Crashed in Uttarakhand Told His Wife
The pilot was living in a posh housing society in the Andheri suburb of the metropolis…
Great Opportunity for India to Nurture Renewable Energy Industry to Become World Supplier: Piyush Goyal
Piyush Goyal Goyal urged Indian industry to draw from international collaborations and learnings and make India…
Post Office Savings Account Interest Rate Remains Unchanged For Q3 FY23
Currently, 4 per cent annual interest rate is offered on post office savings for individual and…
Govt Notifies 12% Wage Hike for Employees of PSU General Insurers; Links Next with Performance
This wage revision is effective from August 1, 2017 and applicable to those who were in…
Infosys Does Not Support Dual Employment; Have Fired Violators in Last 12 Months: Salil Parekh
Infosys did not divulge the exact number of people who were ‘let go’ on account of…