LiveDaimler Truck Faces Supply Chain Troubles As Q3 Unit Sales Jump
On Friday, Daimler Truck (OTC:DDAIF) reported a 27 per cent leap in Q3 unit sales to nearly 135,000 as the chip shortage eased. However, it...
Category : BUSINESS
Richemont Shares Surge as HY Results Beat Estimates
On Friday, shares in Cartier-owner Compagnie Financiere Richemont SA (SIX:CFR) leapt sharply after the company posted better-than-expected Q2 sales and first-half operating profit. Sales during...
Ola will Shut Down Its Infotainment Service, Ola Play, from November 15
On November 11, ANI Technologies, the parent company of ride-hailing company Ola, said it would shut down its in-car infotainment service Ola Play from the...
Union Bank of India Ranks Second in IBA’s EASE Reform Index
According to the EASE Reform Index report released by the Indian Banks Association (IBA) for the first quarter of FY22-23, Union Bank of India ranked...
Inox Green Raises Rs 333 Crore from Anchor Investors
Inox Green Energy Services, a subsidiary of Inox Wind, has raised Rs 333 crore from lead investors. The funds were raised a day before the...
M&M to Sell Controlling Stake in Peugeot Motocycles to Mutares
Germany-based Mutares SE & Co will acquire an 80% controlling stake in Peugeot Motocycles, the French subsidiary of Mahindra & Mahindra. The Mumbai-based auto giant...
Amagi Raises Over $100 Million, Now Valued at $1.4 Billion
Media technology provider Amagi said it had raised more than $100 million from General Atlantic at a $1.4 billion valuation. The latest valuation is higher...
Mahindra & Mahindra Q2 Standalone Revenue to Rise by 58%
Mahindra and Mahindra‘s detached revenue is expected to rise considerably year-on-year in the September quarter of 2022. The Street has varying approximations for the standalone...
US CPI Falls to 9-Month Low in October
The annual inflation rate in the US dropped by more than expected in October, suggesting that the worst of the post-COVID price spike is over...
ArcelorMittal Profit Drops Sharply on Weaker Demand, Higher Costs
ArcelorMittal SA (AS:MT), the world’s second-largest steelmaker, said its profits declined in Q3, hurt by weakening demand and high energy costs. While the Luxembourg-based company’s...