Business News

Why SaharaSri does not like Netflix' Bad Boys Billionaire

Why SaharaSri does not like Netflix' Bad Boys Billionaire

The latest Netflix series on the crash-landing of once-popular Indian businessmen has received a objection.  This time, it is the Sahara Group that has shared detailed observations on how Netflix' projected the company and its promoter. On Thursday, reports delved into the Group's complaints wi...

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Aaple Swaagat Aahe! Tesla's next pitstop could be Mumbai

Aaple Swaagat Aahe! Tesla's next pitstop could be Mumbai

Mumbai: <i>Aapli</i> Mumbai or Navi Mumbai or the auto-hub of Chakan and industrial hub of Aurangabad could be the next pitstop for Tesla Chief Elon Musk.Musk, the maverick businessman, who has been requested by countless Tesla fans to visit India, was welcomed by the Maharashtra governm...

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Slippages, Federal Bank Chief has an important observation for banks and investors

Slippages, Federal Bank Chief has an important observation for banks and investors

Mumbai: The Banking industry and stock market investors are expected to take note of comments from Federal Bank Chief Shyam Srinivasan regarding slippages.In a recent interaction, Srinivisan, the Managing Director at Federal Bank said that the bank was worried about higher than normal accretion of N...

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ABFRL stocks surge as Flipkart pumps Rs 1,500 crores

ABFRL stocks surge as Flipkart pumps Rs 1,500 crores

Mumbai: The competition in the Indian ecommerce market is just sizzling with Aditya Birla Fashion Retail Limited reporting a major investment from Flipkart.  ABFRL promoters, according to a filing information, closed a meeting at 9:51 AM on Friday to approve issuance of equity shares on a prefe...

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US Opiod Crisis: Walmart files lawsuit against government

US Opiod Crisis: Walmart files lawsuit against government

Washington: American multinational retail corporation Walmart announced it has filed a pre-emptive lawsuit against the US government to thwart its "completely unjustified" attempt to hold the company legally accountable over opioid abuse across the country.Certain Department of Justice (DOJ) officia...

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LG proves demand for gadgets and TV is soaring

LG proves demand for gadgets and TV is soaring

Seoul: Major display panel maker LG Display Co has swung to the black in the third quarter of the year on the back of robust demand for displays used in IT gadgets and increased shipments of large-size panels for TVs amid the pandemic-driven stay-at-home trend.The company chalked up a net profit of ...

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Read these offers from property developers for home buyers this covid season

Read these offers from property developers for home buyers this covid season

New Delhi: As the pandemic and the lockdowns brought housing demand to a halt, festivities seemed just apt for real estate developers to attract buyer interest and sell off inventory.Builders across the country have come up with easy payment plans, subvented interest rates, construction allowance, a...

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Indian Bank opens lower despite Q2 net profit

Indian Bank opens lower despite Q2 net profit

Chennai: Shares of Indian Bank on Friday opened lower by 1 percent on the Bombay Stock Exchange despite posting favorable results a day ago.On Friday, as of the time of publishing this story, approximately 21,000 shares had exchanged hands on the BSE.Indian Bank for its second quarter results ending...

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IOC Board to meet for raising up to Rs 20k cr in bonds, debentures

IOC Board to meet for raising up to Rs 20k cr in bonds, debentures

New Delhi: The Board of India Oil Corporation (IOC) in its upcoming meeting on October 30 will consider the proposal to borrow up to Rs 20,000 crore during the ongoing financial year through private placement of bonds and debentures.The borrowing would be carried out in one or more tranches, the com...

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Cognizant acquires tech provider for Industrial IoT projects

Cognizant acquires tech provider for Industrial IoT projects

San Francisco: Information technology company Cognizant on Thursday announced to acquire Bright Wolf, a technology services provider specialising in custom Industrial Internet of Things (IIoT) solutions, for an undisclosed sum.With the close of the acquisition, Cognizant will establish its new IoT i...

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