Business

As Finance Minister Nirmala Sitharaman prepares to present the interim budget, the domestic automotive industry braces itself, anticipating key policy signals and hoping for continued support in crucial areas. While the industry isn't…

In a significant development for the financial industry, domestic investment bank JM Financial officially announced the departure of its joint managing director and distinguished deal maker, Atul Mehra. The disclosure was made through a…

Polycab India, a leading cables and wires manufacturer, disclosed a robust 15.3% surge in net profit for the December quarter, reaching Rs 416.51 crore compared to Rs 361.69 crore in the corresponding period last year.The company's net…

In a significant milestone, India's largest TV news network, TV18, has reported an impressive 23% growth in revenue during the third quarter of the current financial year. The network's Q3FY24 revenue soared to Rs 402 crore, marking a…

In their fourth-quarter earnings reports on Friday, Wells Fargo, Bank of America, and Citigroup collectively revealed a workforce reduction of 17,700 employees last year. The banking giants attributed the downsizing to diminished…

In a groundbreaking achievement, DLF Realty has secured a remarkable Rs 7,200 crore in sales from its latest premium residential complex, DLF Privana South, located in the heart of Gurugram. The upscale residential offering situated in…

In a decisive response to recent media speculation, Zee Entertainment Enterprises has categorically refuted claims of Sony Group abandoning the highly anticipated $10 billion merger. A regulatory filing from Zee underscores the company's…

Aravind Srinivas, the CEO of Perplexity AI, an IIT-Madras alumnus, is spearheading a challenge against industry heavyweights like Google and Microsoft Bing in the search engine domain. Drawing parallels to Larry Page's vision for Google 23…

In a significant development for the Indian mutual fund landscape, Jio Financial Services Ltd and BlackRock Financial Management have joined forces to carve out a pioneering path. Documents filed with the Securities and Exchange Board of…

In a significant regulatory move, the Reserve Bank of India (RBI) has canceled the banking licenses of The Botad Peoples Co-operative Bank and Adarsh Mahila Nagari Sahakari Bank Maryadit. The immediate effect of this action is a…