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HCL Technologies to acquire Quest Informatics

Quest currently serves more than 40 global leaders in the 'after-market' space with its cloud-enabled after-market ERP, field services management, and digital parts catalog product suites.

Meta opens first retail store in California

The store, which is open to the public as of Monday, is made for people who want to test out products like Ray-Ban Stories, Meta's AR glasses and sunglasses, along with the Portal video calling gadget and Oculus virtual reality headsets.

Rupee plummets 60 paise to close at all-time low of 77.50/USD

Forex traders said risk appetite has weakened amid mounting concerns about inflation that may trigger more aggressive rate hikes by global central banks.  

Domestic air passenger traffic logs estimated 83 percent growth in April: ICRA

the domestic airline operators saw the international passenger traffic marginally surpassing the pre-pandemic numbers (around 1.83 million), with total volumes standing at around 1.85 million. 

Sensex tanks 365 points to end below 54,500, Nifty holds 16,300

Bitcoin value drops by 50% since November peak

The slide in the value of digital assets comes as stock markets around the world also dropped in recent days. On Monday, some Asian markets headed lower again with Japan's benchmark Nikkei index down by around 2 percent.

Reliance Industries share price falls over 3% after Q4 earnings; down by nearly 10% in 6 days

The stock has been quoting lower for the past many days and further slumped 3 per cent to Rs 2,542.10, amid a weak trend in the broader market.

Campus Activewear shares debut with over 23% premium

The stock listed at Rs 355, registering a premium of 21.57 per cent, against the issue price on the BSE.

Adani Airports raises $250 million for airports development

Adani Airport Holdings Ltd handle around 200 million consumers, including passengers and non-passengers.

Sensex, Nifty extend losses as markets continue to slump on weak global cues

Sensex declined more than 800 points to trade below 54,000 in the opening trade while Nifty slipped below 16,200 after falling 250 points.

LIC IPO subscribed 1.79 times on Day 5

Against 16,20,78,067 shares on offer, 29,08,27,860 bids were received, according to the data posted on stock exchanges at 7 pm. However, the Qualified Institutional Buyer (QIB) category is yet to be fully subscribed.

Jet Airways gets security clearance from govt after test flight

The Jalan-Kalrock Consortium is currently the promoters of Jet Airways. The airline in its old avatar was owned by Naresh Goyal and had operated its last flight on April 17, 2019.

Best investment you'll ever make: Poonawalla woos Musk to invest in making Tesla cars in India

Elon Musk, who has made a successful USD 44 billion acquisition bid for Twitter, had in the past asked India to reduce import duties to sell Tesla electric cars but the government has insisted on local manufacturing.

'RBI rate hike came as a surprise only because...': Nirmala Sitharaman

Reserve Bank of India Governor Shaktikanta Das on Wednesday said that the Monetary Policy Committee (MPC) of the central bank, in an off-cycle meeting, hiked the repo rate by 40 basis points (bps) to 4.40 per cent with immediate effect.

Ukraine's wheat harvest may fall by 35%, raising fears of global shortage

Ukraine is one of the world's biggest exporters of wheat, but the war is taking a toll on the country's agriculture and food supplies, sparking fears of shortages or higher prices around the world, The Guardian reported.

HDFC hikes lending rate by 30 bps; loans to become dearer

The move comes just days after several lenders, including ICICI Bank, Bank of Baroda and Bank of India, raised interest rates following the Reserve Bank of India's surprise repo rate hike on Wednesday.

Reliance Retail Q4 pre-tax profit rises to Rs 3,705 cr; FY22 gross revenue touches nearly Rs 2L cr

The retail arm of Reliance Industries Ltd (RIL) saw its EBITDA cross Rs 12,000 crore in the last financial year.

Supertech does not have sufficient funds to make refunds to home buyers, SC told

 In August last year, the top court had ordered demolition of twin towers and ordered refund to the home buyers, who had purchased apartments.

LIC IPO's retail portion fully subscribed on day 3; offer closes on Monday

Subscription for non-institutional investors' segment stood at 76 per cent, while that for QIBs' portion was lower at 56 per cent.

Sensex, Nifty crash as global markets lose nerve; end week in red

A sharp drop in the rupee amid a spurt in crude oil prices and unabated foreign fund outflows added to the woes.

Axis Mutual Fund begins suo moto probe on charges of front running, suspends two managers

The statement by the asset management company comes in the wake of complaints reportedly being received by Axis Mutual Fund from stock brokers about fund managers punching in trades on behalf of the fund at values much higher than the market.

LIC IPO: Retail portion subscribed fully on day three

LIC IPO: Overall, the country's biggest-ever IPO is more than fully subscribed as it has received 17,98,42,980 bids, as against 16,20,78,067 shares on sale.

ICICI, Bank of Baroda, Bank of India hike interest rates on all types of loans

The Reserve Bank on Wednesday announced to hike the benchmark repo rate -- the short term lending rate it charges to banks -- by 0.40 per cent to 4.40 per cent with immediate effect.

Sensex dives over 900 points, Nifty below 16,400 as markets go into tailspin in early trade

The 30-share BSE benchmark dived 980.45 points to 54,721.78 in early trade. The NSE Nifty also declined 300.15 points to 16,382.50.

Dow tumbles more than 1,000 points, Nasdaq falls 5% as inflation spooks investors

All three main Wall Street benchmarks -- Dow Jones, Nasdaq and S& 500, surrendered gains made during a relief rally on Wednesday.

Elon Musk may take over as temporary CEO of Twitter

According to a CNBC report, Musk has detailed the plans in presentations to possible funders for the takeover.

RBI wants smooth policy measures; prefers smaller rate hikes: Source

On what changed since April 8 -- when the last scheduled policy meet decided to maintain status quo -- and May 4, the source said the inflation print at near 7 per cent for March came way above RBI's expectations, and the momentum is likely to continue in April as well.

Apple stops accepting card payments for app purchases, subscriptions in India. Here's what to do

Assisting its users regarding what to do if your card payment is declined in India, Apple in its one of the support pages under "billing for Apple subscriptions and media products in India payments" addressed the issue.