Business news

Alphabet's profit down by $1 bn despite Search & Cloud biz grow in Q1

Google parent company Alphabet's net profit dropped to $16.4 billion compared to last year's $17.9 billion in the first quarter of this year, as its Search and Cloud businesses saw great momentum.

Apr 27, 2022

cement sector, cement update, top picks, dalmia cement, MOSL research, shree cement, ramco cement

Adani on acquisition spree; In talks with Holcim to buy ACC, Ambuja

Ambuja Cement has a market capitalisation of Rs 76,477.13 crore, while ACC has a market capitalisation of Rs 43,389.19 crore, bringing the total market valuation of the two businesses to Rs 1.20 trillion.

Apr 27, 2022

LIC IPO to open on 4th May: Here's what will be the price band

India's potentially biggest IPO, LIC IPO is getting a lot of interest from anchor investors.

Apr 26, 2022

Equity indices break two-day losing streak, Sensex up 700 pts, Nifty up 208 pts

Breaking a two-day losing streak, Indian equity benchmarks rose in the opening session primarily due to value buying at lower levels by enthusiastic investors, say analysts.

Apr 26, 2022

Amid uproar over multiple fire instances, Ola recalls 1,441 "faulty" e-scooters

Notably, Manufacturers have increased their voluntary recalls after the government warned them of "heavy penalties" if they did not take immediate remedial action, such as recalling faulty models.

Apr 25, 2022

Stock Markets: Sensex, Nifty extend losses, rising inflation a concern

Indian equity benchmarks extended their losses from the previous week as the markets are worried about the rising inflation besides the likelihood of monetary policy tightening in the US.

Apr 25, 2022

Here's how Market volatility has dented Government's plan for LIC bumper IPO [details]

Centre to now dilute only 3.5 % equity in the Initial Public Offering (IPO) of LIC instead of 5%.

Apr 24, 2022

Adani Ports on acquisition spree: Adds Ocean Sparkle, India's largest marine services company

Adani Ports and Special Economic Zone Ltd (APSEZ) through its subsidiary, The Adani Harbour Services Ltd (TAHSL), has entered into a definitive agreement for acquisition of 100 per cent stake in Ocean Sparkle Ltd (OSL), India's leading third-party marine services provider.

Apr 22, 2022

Stock Market: Sensex, Nifty decline again after 2-day gaining streak

Breaking 2-day gaining streak, Sensex and Nifty decline in early trade on Friday though positive buying tried to close the gap by afternoon

Apr 22, 2022

Ola Electric lands in trouble again, customer claims accident due to faulty scooter; Company denies

Ola Electric, on the other hand, refuted these claims, claiming that the scooter in question is in perfect working condition.

Apr 22, 2022

Erring companies will be penalised; Nitin Gadkari reacts to rising EV fire mishaps [details]

With the shocking number of EV fire accidents being reported almost on a regular basis, the Centre has decided to intervene with a stern warning for erring companies.

Apr 22, 2022

Stock Markets: Sensex, Nifty retain positive grip on markets

By 10:55 a.m., Sensex reached slightly higher at 57,506.42 or 468.92 points (0.82%). Nifty reached 17,274.75 or 138.20 points up (0.81%).

Apr 21, 2022

Netflix loses 2 lakh paid subscribers in Q1, shares tank 20% [Details]

Streaming giant Netflix saw its stock tumbling by 20 per cent after it reported a loss of 2 lakh paid subscribers in the first quarter of 2022 -- its first subscriber loss in over a decade.

Apr 20, 2022

Stock Markets: After 5-day losing streak, Sensex trading up in opening session

Breaking the five day losing streak, Indian benchmark equity indices rose on Wednesday primarily due to value buying.

Apr 20, 2022

Air India employees breathe sigh of relief; new medical policy kicks in from May 15 [details inside]

With the sum insured of Rs 7.5 lakh per annum plus corporate buffer, Air India employees will be given better medical facilities across a large network of hospitals in India.

Apr 19, 2022

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Business news

Alphabet's profit down by $1 bn despite Search & Cloud biz grow in Q1

Adani on acquisition spree; In talks with Holcim to buy ACC, Ambuja

LIC IPO to open on 4th May: Here's what will be the price band

Equity indices break two-day losing streak, Sensex up 700 pts, Nifty up 208 pts

Amid uproar over multiple fire instances, Ola recalls 1,441 "faulty" e-scooters

Stock Markets: Sensex, Nifty extend losses, rising inflation a concern

Here's how Market volatility has dented Government's plan for LIC bumper IPO [details]

Adani Ports on acquisition spree: Adds Ocean Sparkle, India's largest marine services company

Stock Market: Sensex, Nifty decline again after 2-day gaining streak

Ola Electric lands in trouble again, customer claims accident due to faulty scooter; Company denies

Erring companies will be penalised; Nitin Gadkari reacts to rising EV fire mishaps [details]

Stock Markets: Sensex, Nifty retain positive grip on markets

Netflix loses 2 lakh paid subscribers in Q1, shares tank 20% [Details]

Stock Markets: After 5-day losing streak, Sensex trading up in opening session

Air India employees breathe sigh of relief; new medical policy kicks in from May 15 [details inside]

Time for India to follow suit? France, Germany, Netherlands, US banned use of EVMs [here's why]

Dhanush's Captain Miller has no buyers in Telugu states? Here's why

Deepika Padukone is a sight to behold in velvet gown; attends Academy Museum Gala with Selena Gomez, Dua Lip [see pics]