LiveS&P Raises India’s FY22 GDP Growth Forecast to 11% from 10%
S&P Global Ratings on Thursday raised India’s growth forecast for the financial year 2021-22 to 11 per cent from 10 per cent earlier, led by...
Category : BUSINESS
Fidelity Plans to Launch Bitcoin ETF
On Wednesday, Fidelity Investments unveiled plans to launch an exchange-traded fund that tracks the price of bitcoin, furthering the money manager’s push to bring cryptocurrencies...
Wabco India Plunges 10% as Promoter Begins Stake Sale
Shares of Wabco India Ltd slipped nearly 10 per cent as the company’s two-day stake sale through an offer for sale (OFS) began today. The...
Social E-commerce Platform CityMall Raises $11 Mn
CityMall has said it has raised $11million as part of its Series A funding round, led by Accel Partners. Existing investors Elevation Capital, Jungle Ventures...
Carbonated Beverages Set to Clock 10% Growth in Mar
Carbonated beverages that form the largest chunk of the beverages market in the country are set to report decent growth in the March quarter helped...
Tencent’s Profit Jumps 175%, Helped by Online Games
On Wednesday, Chinese gaming and social media giant Tencent Holdings Ltd reported a forecast-beating 175 per cent rise in quarterly profit. The world’s largest gaming...
DBS in List Global Banks Surrendering Hong Kong Office Space
DBS Group Holdings Ltd is set to join UBS Group AG and other global banks giving up office space in pricey Hong Hong with so...
Nissan Motor to Raise Prices as Input Cost Rises
Nissan Motor India Ltd will raise product prices across categories from April due to a substantial increase in global prices of commodities like steel, copper...
Hyundai Reveals Sketch of New Creta-Based Seven-Seater SUV
Hyundai Motor India has finally revealed what its upcoming seven-seater SUV will look like. The South Korean brand has been posted sketches of the Hyundai...
Acme Solar to Invest $2.5 Bn for Green Ammonia Production
Acme Solar Holdings Ltd and the Oman Company for the Development of the Special Economic Zone (SEZ) at Duqm (Tatweer) plan to invest $2.5 billion...