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  Stock markets turn erratic after positive start; Asian shares mostly rise except for China

  May 19, 2023 12:50 IST

  Stock market: The Sensex quoted 48.29 points lower at 61,383.45 and the Nifty dipped 28.30 points to 18,101.65.

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  Disney scraps plans for new $1 billion Florida campus & relocation of 2,000 employees | KNOW WHY

  May 19, 2023 9:38 IST

  The creation of Disney’s self-governing district by the Florida Legislature was instrumental in the company’s decision in the 1960s to build near Orlando.

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  Russian gas Gazprom resumes regular LNG supplies to India's GAIL I Why it is crucial for India?

  May 18, 2023 22:28 IST

  In order to meet the shortage, GAIL sourced spot LNG volumes from the domestic /international market and also partially/fully stopped its petrochemical complex at Pata in Uttar Pradesh to fulfilling supply obligations to the customers.

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  Want resumption of flights, airline have to submit its plan to DGCA: Aviation Minister on Go First

  May 18, 2023 21:49 IST

  The crisis-hit Go First extended the suspension of flight operations till May 26, citing operational reasons and expressed hope that it will be able to resume bookings shortly.

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  Markets bounce back after 2 days of fall amid rally in global equities; Sensex, Nifty climb

  May 18, 2023 12:46 IST

  Stock market: The 30-share BSE Sensex climbed 395.26 points to 61,955.90 in early trade.

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  Amazon to invest USD 12.7 billion into cloud infrastructure in India

  May 18, 2023 11:52 IST

  This investment in data center infrastructure is expected to support an average of 131,700 full-time equivalent (FTE) jobs annually in Indian businesses.

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  Go First Airlines cancels all flights till May 26 | DETAILS

  May 17, 2023 23:12 IST

  Go First news UPDATE: The airline said a full refund would be issued to the original mode of payment shortly."We acknowledge the flight cancellations might have disrupted your travel plans and we are committed to providing all the assistance we can," it added.

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  SP Hinduja, Hinduja group chairman, dies at age of 87 in London | DETAILS

  May 17, 2023 20:25 IST

  Srichand Parmanand Hinduja death: SP Hinduja, the chairman of Hinduja Group, died in London on Wednesday. He was unwell for some time.

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  Markets fall for 2nd day running; Sensex, Nifty fall in early trend | Details inside

  May 17, 2023 10:58 IST

  In Asia, Seoul, and Tokyo markets were trading in the green, while Shanghai and Hong Kong quoted lower. The US market ended lower on Tuesday.

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  HDFC Mutual Fund launches India's first defence fund | DETAILS

  May 16, 2023 19:46 IST

  HDFC Defence Fund: HDFC Asset Management Company Ltd announced the launch of the country's first mutual fund focussed on defence sector.

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  Investments in 2023-24: Residential vs Commercial Real estate, where to invest for higher returns?

  May 16, 2023 18:05 IST

  Investments in 2023-24: Money utilized in real estate and possessions is regarded as the best investment decision due to its guaranteed, dependable, and unquestionable earnings and greater return on investment.

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  How much Indian families discuss finances? Here's what a survey found

  May 16, 2023 17:40 IST

  The survey said that 64 per cent of conversations on financial matters for people aged 35+, dwell on monthly budgeting and expenses, whereas new investments and big purchases account for 60 per cent and 54 per cent, respectively.

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  Top Tesla executives plan to meet PMO officials this week, say reports

  May 16, 2023 17:39 IST

  According to reports, senior Tesla executives are planning to meet PMO officials to discuss local sourcing of components for Tesla's models.

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  Vodafone plans to cut 11,000 jobs in next 3 years

  May 16, 2023 16:46 IST

  Speaking on the matter, Margherita Della Valle, Group Chief Executive, said that their performance has not been good enough.

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  Jio-bp launches new diesel that offers saving of Rs 1.1 lakh per truck annually

  May 16, 2023 14:52 IST

  Diesel at Jio-bp outlets with ACTIVE technology helps reduce the risk of unscheduled maintenance caused by dirt build-up and removes existing dirt from critical engine parts and protects against its build-up with ongoing use.

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  Union government slashes windfall gains tax on domestic crude oil to zero | Details inside

  May 16, 2023 13:56 IST

  Windfall gains tax: This is the second time that the levy, which was introduced in July last year in the form of a cess to tax supernormal gains of oil producers and fuel exporters, has been cut to nil for domestically-produced oil.

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  SBI offering loans at lower interest rate: Here's how your good CIBIL score can help avail it

  May 16, 2023 12:58 IST

  All banks give loans only after seeing the CIBIL score. A good CIBIL score certainly helps in availing the required bank loan, on the other hand, banks are hesitant in entertaining loan request of individuals having a poor CIBIL.

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  Amazon layoffs continue as company fires 500 employees across verticals in India

  May 16, 2023 12:26 IST

  Amazon Layoffs: While announcing 9,000 job cuts, CEO Andy Jassy stated that the decision was based on ongoing priority analysis and economic uncertainty in an online note to employees.

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  Markets pare opening gains, quote lower in volatile trade; Sensex declines over 146 points

  May 16, 2023 11:18 IST

  Among the Sensex firms, HDFC, HDFC Bank, Maruti, IndusInd Bank, Larsen & Toubro, Mahindra & Mahindra, Bharti Airtel and ITC were the biggest laggards. Bajaj Finance, Infosys, Bajaj Finserv, Wipro, Asian Paints and Tata Consultancy Services were among the major gainers.

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  PVR INOX to shut nearly 50 loss-making cinema screens in next 6 months: Reports

  May 15, 2023 21:26 IST

  PVR INOX Ltd on Monday reported a consolidated net loss of Rs 333.99 crore for the fourth quarter that ended on March 31, 2023.

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  Ahead of India-EU trade & tech council meeting, Goyal vows building stronger trade ties with Ontario

  May 15, 2023 20:19 IST

  During the conference, Goyal expressed India's unwavering commitment to quality and expressed optimism about increasing the presence of Ontario’s companies in India, contributing to the growth and prosperity of both economies.

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  THIS SME IPO has doubled investors money on listing

  May 15, 2023 15:28 IST

  The stock closed at Rs 155.61 apiece on the listing day. The company commanded a market cap of Rs 159.09 crore as on the listing day.

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  CRED-owned Happay lays off 35% of its workforce

  May 15, 2023 13:26 IST

  According to leading startup news portal Inc42, at least 160 employees from departments like sales, marketing, tech, product, and operations, have been asked to go by the platform.

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  WPI inflation eases to 34-month low of (-) 0.92 pc in April

  May 15, 2023 12:59 IST

  Inflation in food articles too eased to 3.54 per cent in April, against 5.48 per cent in March.

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  Multibagger penny stock posts astounding rise in earnings driven by higher sales, debt reduction

  May 15, 2023 11:41 IST

  As per the exchange, the company's net profit in FY23 skyrocketed 584 per cent to Rs 9.52 crore. In FY22, the same stood at Rs 1.39 crore.

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  Government to make Rs 300 crore equity infusion in Alliance Air, earlier Air India wing

  May 14, 2023 17:27 IST

  Alliance Air: The is set to make an equity infusion of Rs 300 crore in regional carrier Alliance Air, which is facing financial headwinds.

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  FPI bought equity worth Rs 18,617 crore in May

  May 14, 2023 16:47 IST

  Business news: FPIs have been continuous buyers during the last 12 trading sessions. In May, through 12th, they bought equity for Rs 18,617 crore. Financials continue to be the favourite sector of FPIs. They were buyers in capital goods and autos too.

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  Govt to roll out lost mobile blocking, tracking system pan-India

  May 14, 2023 13:40 IST

  Recently, Karnataka Police recovered and handed over more than 2,500 lost mobile phones to their owners using the CEIR system. Apple already has a system to track lost mobile phones with the help of Apple ID but major issues have been around Android mobile phones.