LiveJack Ma Ant Posted $3.4 Billion Profit After IPO Halt
Ant Group of the company has rose profit to $3.4 billion in the December quarter after Chinese regulators thwarted its record initial public offering and...
Category : BUSINESS
Go Airlines India Files DRHP to Raise Rs 3,600 Crore via IPO
Go Airlines India Ltd has filed a draft red herring prospectus with Securities Exchange Board of India to raise Rs 3,600 crore via initial public...
FPI Holdings Dip in March Quarter
Holdings of foreign portfolio investors (FPIs) in NSE listed companies saw a marginal quarter-on-quarter (QoQ) dip in percentage terms in the March quarter of FY21...
SBI Customer Can Transfer Account Without Visiting Bank Branch
As coronavirus cases continue to surge across the country, the State Bank of India (SBI) has announced that customers can now transfer their accounts from...
Maruti Suzuki Says Mass Market Electric Vehicles Will be Too Costly to be Viable
Despite the aggressive push towards electrification of the fleet by the government with various policies, incentives and GST benefits, Electric Vehicle (EV) technology is still...
Tesla’s Musk Reverses Course on Taking Bitcoin, Citing Climate Concerns
Tesla CEO Elon Musk, in what can only be called a sudden ‘U-turn’, announced late on Wednesday that he was reversing course on the decision...
SoftBank’s $17.7 Billion Profit Sets New Record in Japan
Net income was 1.93 trillion yen ($17.7 billion) for the three months ended March 31, the most for a listed Japanese company dating back to...
Godrej Consumer Rallies 15% After Q4 Results, New CEO Appointment
Godrej Consumer Products hit the upper circuit in Wednesday’s early trade as the company appoints a new MD & CEO and reports decent rise in...
Inflows Into Equity MFs Plunge in April
Data released by the Association of Mutual Funds in India (Amfi) on Tuesday showed net inflows fell 75 per cent to Rs 1,783 crore in...
CCI Clears IBM Internal Restructuring Plan
The Competition Commission of India (CCI) has granted deemed approval to IBM Corp. for an internal restructuring that covers its India business under a fast-track...