Page 175 - Latest News

IPO only after achieving overall profitability: PhonePe CEO Sameer Nigam

We have raised $650 million as part of PhonePe's ongoing fundraise of up to $1 billion, said Sameer Nigam, CEO and founder of PhonePe

India needs its conglomerates

A call to dismantle them when the world hasn't done so is economic hara-kiri

Modi is PM not for his degree but authorities must respond: Jayant Patil

On Monday, his party colleague Ajit Pawar said people voted for Modi in the 2014 general elections as he created a charisma that the BJP did not have and not his degree

Centre releases over Rs 22 cr as grant under PMGSY to Arunachal Pradesh

Chief Minister Pema Khandu thanked the Centre and assured that the grant would be "optimally and judiciously utilised"

Amazon removes 6 mn counterfeit items globally from supply chains

The report said that Amazon's Counterfeit Crimes Unit sued or referred for investigation over 1,300 criminals in the US, UK, EU, and China in 2022

Vedanta arm Balco signs pact with SRIPL to source hybrid renewable power

The project will be funded on a 70:30 debt to equity basis and BALCO will own 26 per cent equity in the SPV

Oil price stable as markets weigh OPEC+ surprise cuts amid demand woes

The latest pledges bring the total volume of cuts by Opec+ to 3.66 million bpd, including a 2 million barrel cut last October, equal to about 3.7 per cent of global demand

Signature Bank insiders sold $100 mn in Stock, Wall Street Journal Says

They sold many of the shares in 2021 at around $220, before the stock hit an all-time high of $366 in early 2022, according to the report

Oberoi Realty to build on new project launches, rental portfolio

Street will track pace of bookings, project execution, and acquisition of new land

The new corner office favourite

Across sectors, CFOs are stepping into the role of CEOs as companies see value in their realistic outlook grounded in numbers

Kolkata Port profit up 152% in FY23; test run to Myanmar's Sittwe port soon

Kolkata port, now known as Syama Prasad Mookerjee Port, on Tuesday announced that it has handled 65.66 million tonnes of cargo in the 2022-23 financial year, up by 12.87 per cent

From Bandhan Bank to Ashok Leyland, stocks ripe for cherry-picking

With indices getting back on their feet, can stocks be far behind? Here is the list of 10 such stocks from BSE 100 with huge upside promise for investors willing to ride out any potential volatility

India will not be impacted by Opec+ production cut, officials say

Industry executives said imports from Russia may rise further as talks are on to address difficulties in paying for Russian crude

Karur Vysya Bank to offer SBI Life Insurance products at its branches

Private sector Karur Vysya Bank has inked a pact with SBI Life Insurance to offer their insurance products to customers at its branches, the bank said on Tuesday

Oil drilling in Gulf safer, but safety issues linger, says report

Thirteen years after the Deepwater Horizons spill fouled the Gulf of Mexico, regulators, and industry have reduced some risks in deep water exploration in the gulf but some safety issues persist

Kejriwal, Mann to jointly launch Punjab's 'CM di Yogshala' on Apr 5

AAP national convener Arvind Kejriwal and Chief Minister Bhagwant Mann will launch 'CM di Yogshala' programme in Punjab on Wednesday, the party said in a statement here

Debt fund investors' aim should be capital protection: Sandeep Yadav

Senior executive of DSP Mutual Fund debt funds will continue giving good returns after tax changes

A calmer Wall Street holds relatively steady ahead of US jobs data

Stocks are holding relatively steady Tuesday, as Wall Street continues to find more calm following its tumultuous swings in March

L'Oreal to buy luxury cosmetics brand Aesop in $2.5 billion deal

At L'Oreal, Aesop joins a cast of luxury brands such as Lancome and Yves Saint Laurent as the French company bets on a continued drift toward high-end cosmetics

Debt mutual funds log Rs 40K-crore inflow before tax tweak cut-off

Investors snap up popular medium- to longer-duration debt funds to lock in higher returns