US Goods Trade Deficit Narrows in August as Imports Fall
In August, the US trade deficit in goods narrowed amid a fall in imports, driven by decreasing domestic demand as the Federal Reserve tightens monetary...
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Nasdaq Separates Business into Three Units to Streamline Operations
On Wednesday, Nasdaq Inc said that it is reorganising its business into three divisions to focus on major growth areas as the competition among trading...
Lilium to Build 400 Air Taxis a Year, Seek Grants
The German air taxi developer Lilium Air Mobility is planning to build industrial capacity to make around 400 of its electrically powered Lilium Jet flying...
Adani Group Controlled Ambuja Cements Pledges 50% Share in ACC as Collateral for Loans
On Wednesday, Ambuja Cements, now controlled by Adani Group, said that it has pledged 50.5 per cent shareholding in its subsidiary ACC Ltd as collateral...
Suzlon Energy Rights Issue of Rs 1,200 Cr to Open on October 11
On Wednesday, Suzlon Energy announced the opening of its Rs 1,200 crore rights issue on October 11, 2022. According to the reports, the company would...
Silicon Laboratories Opens New Unit in Hyderabad
On Wednesday, fabless semiconductor manufacturer Silicon Laboratories opened a new Research & Development (R&D) unit in Hyderabad. The firm plans to triple its headcount in...
Pharma Supply Start-Up Saveo Healthcare Raises $4.5 Million in Venture Round
On Wednesday, Saveo Healthtech, a B2B e-commerce marketplace for pharmacies, raised USD 4.5 million in a venture round co-led by Gunosy Capital, Matrix Partners, and...
Govt Raises DA by 4% Under 7th Pay Commission
On September 28, Minister of Information and Broadcasting Anurag Thakur announced that under the 7th Pay Commission, the Union Cabinet has increased the Dearness Allowance...
Dabur Launches Vedic Tea, Enters Rs 5,600 Crore Premium Tea Market
Dabur India reported that it entered the Rs 5,600-crore premium tea market with the recent launch of Dabur Vedic Tea. Dabur Vedic Tea is a...
JSW Steel Slips over 10% in Six Straight Session
Today, JSW Steel fell down at 3.05 per cent to Rs 617.65. On 20 September the Shares of JSW Steel closed at a high of...