Business

Huge Twitter takeover bid forces Elon Musk to sell Tesla stock worth $4 bn

Tesla CEO Elon Musk has sold around 4.4 million shares of the company worth around $4 billion, as he prepares to take over Twitter for nearly $44 billion.

Apr 29, 2022

PhonePe offers cashback on gold, silver purchases via its app

Akshaya Tritiya: Significance and market buzz; PhonePe offers cashback for online purchases

Digital payments company PhonePe on Thursday announced exciting offers on the purchase of gold and silver via the app on the auspicious occasion of Akshaya Tritiya.

Apr 28, 2022

Stock Market: Sensex, Nifty slightly up in opening hour [Details]

Sensex was up at 57,096 points, up 0.5 per cent or 277 points, whereas Nifty at 17,120 points, up 0.5 per cent or 82 points in the opening hour on Thursday, April 28.

Apr 28, 2022

GPay Everywhere: 150 mn people across 40 countries using Google Pay, Sundar Pichai upbeat

Hailing the India digital payments growth story, Alphabet and Google CEO Sundar Pichai has said that the company's payments strategy is very similar to the strategy it has for commerce overall.

Apr 27, 2022

Twitter co-founder Jack Dorsey to take home nearly $1 bn once Elon Musk closes deal

Jack Dorsey is set to take home a hefty amount of $978 million in cash once the Elon Musk's Twitter takeover deal gets through.

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

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

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

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

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