[ad_1] NEW DELHI: The Competition Commission has imposed a penalty of Rs 40 lakh on the investment manager of Goldman Sachs AIF for failing to notify the regulator about the more than four-year-old deal that gives the option to buy up to 3.81 per cent stake in Biocon Biologics. The penalty was levied on Goldman…
[ad_1] The US Federal Reserve could cut rates three or four times this year if inflation data cooperates, with a first cut possible before July, a senior bank official said Thursday. Headline consumer inflation rose for a third straight month in December as energy prices jumped, according to data published Wednesday, but a widely watched…
[ad_1] NEW DELHI: Consumer electrical goods maker Havells India Ltd on Thursday reported a 3.45 per cent decline in consolidated net profit to Rs 277.96 crore for the third quarter ended December 2024. The company had posted a consolidated net profit of Rs 287.91 crore in the October-December quarter a year ago, according to a…
[ad_1] NEW DELHI: The Federation of Indian Chambers of Commerce and Industry (FICCI) has revised its GDP growth forecast for India to 6.4 per cent for the financial year 2024-25 marking a notable reduction from its September 2024 estimate of 7.0 per cent. GDP growth for the year 2023-2024 was recorded at 8.2 per cent.FICCI’s…
[ad_1] Nate Anderson, declared the official disbandment of Hindenburg Research on January 15. Hindenburg Research shut down: Soon after Hindenburg Research founder announced that the firm would disband in the near future, Adani Group CFO has shared a cryptic post on social media platform X (formerly Twitter).In a post which could be seen as a…
[ad_1] Budget 2o25 will be presented by Finance Minister Nirmala Sitharaman on February 1. Railway Budget 2025: Indian Railways is expected to receive a 15-20% increase in capital expenditure allocation for FY26 in the forthcoming Union Budget, as it progresses towards utilising the current year’s funds. The total capital expenditure allocation for the national transporter…
[ad_1] Market experts indicate that upcoming US CPI and retail sales data, alongside Q3 earnings reports, will influence market direction. (AI image) Stock market today: Indian equity benchmark indices, BSE Sensex and Nifty50, opened in green on Thursday. While BSE Sensex rose 450 points, Nifty50 was above 23,300. At 9:25 AM, BSE Sensex was trading…
[ad_1] NEW DELHI: Hero Moto, the country’s largest two-wheeler maker, has said that electrics will become 50% of the scooter market by 2030 even though leadership in the category will be like “Russian roulette” in the short-term as newer and older players fight for market share.Niranjan Gupta, CEO of the company, said Hero will invest…
[ad_1] MUMBAI: The international arm of NPCI has partnered with Magnati, a payment solutions provider in West Asia, to expand the acceptance of UPI payments in the UAE. The collaboration aims to enable UPI-based QR payments at Magnati’s POS terminals, offering Indian travellers in the UAE seamless payment options. [ad_2] Source link
[ad_1] BENGALURU: Google-backed regional content platform ShareChat sacked 30 employees after a recent performance review, reducing the employee count to about 550 people, sources told TOI. The company gradually reduced its workforce over the years. At its peak, it had about 2,700 employees. [ad_2] Source link
