IRB Infra Shares Fall, with Composites Down a Quarter Net
Shares of IRB Infrastructure Developers fell 4% on May 22 after the company reported a 25% year-on-year decline in consolidated net profit to Rs 130.15...
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Neeva to Shut Down Search Engine, Focus on LLM, AI Integration
Neeva, the search engine co-founded in 2019 by former Google employees Sridhar Ramaswamy and Vivek Raghunathan, has announced it is shutting down. “Over the next...
Zomato Shares Rise 2% After Q4 Loss Narrows, Boosting Profit Hopes
Shares of Zomato Ltd rose nearly 2% on May 22 after narrowing losses in the fourth quarter, and the company said it expects to be...
Adani Group, Realty, NTPC, Zomato, Zee Enterprises are in Focus
The main Indian benchmark index is likely to end flat in Monday’s trade, suggests SGX Nifty. With the June 1 deadline looming, the focus this...
US Debt, the Ticking Time Bomb Set to Detonate on June 1
US Treasury Secretary Janet Yellen sent a letter to Congress on May 1 warning that if no action is taken to raise the US debt...
Centre Files Review Petition Against SC Order on Delhi Civil Services Row
Centre has filed a petition for review in the Supreme Court seeking a review of its constitutional judge’s judgment on the service dispute between the...
RBI Withdraws Rs 2,000 Notes from Circulation
Should You Worry About Another Demonetisation? Reserve Bank of India (RBI), the Indian banking system regulator, announced on May 19 that it has decided to...
Intellect Design Arena Removed from F&O Segment
The National Stock Exchange (NSE), a leading stock exchange, has announced that shares of Intellect Design Arena have been removed from the futures and options...
Centre Asks Airlines to Keep Fares Affordable After Go First Grounded
Days after crisis-hit Go First grounded, the Centre asked airlines to keep fares affordable after the Centre saw airfares on some routes soar rapidly. Go...
SEBI-Registered FPIs and Sovereign Wealth Funds Exempt from Angel Tax
Government and government-related investors such as central banks, sovereign wealth funds, international or multilateral organisations; entities registered with the Securities and Exchange Board of India...