Business

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

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

Wheat prices witness sharp hike after Russia-Ukraine war, above MSP for a change [Details]

Parallel to crude oil, prices of wheat and wheat flour too have seen a steep uptick ever since the war between Russia and Ukraine broke out in late February.

Apr 21, 2022

SC asks ED to get back Rs 5,000 crore Unitech's home buyers' money stashed abroad

The Supreme Court on Wednesday asked the Enforcement Directorate (ED) to propose steps to bring back home buyers money, amounting to Rs 5,000 crore diverted to tax havens, as revealed in a forensic audit.

Apr 21, 2022

India stares at power crisis as coal supply dries up [Details]

One of the reasons thermal power plants are suffering from a coal scarcity, according to an official, is that coal imports will be reduced in 2021-22.

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

IMF slashes global growth amidst Ukraine war; sharply cuts India's forecast to 8.2% [details]

The IMF lowered its forecast for India's GDP growth in the current fiscal year to 8.2%, down 0.8 percentage points from its prior estimate.

Apr 20, 2022

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