Mumbai, Oct 23 (SocialNews.XYZ) Reliance Industries, controlled by Asia’s richest tycoon Mukesh Ambani, is nearing a cash and stock deal to buy Walt Disney Co.’s India operations, Bloomberg reported. The US entertainment giant might sell…
New York, Oct 23 (SocialNews.XYZ) Chevron announced Monday that it has agreed to buy rival Hess in yet another oil industry consolidation deal, media reported. Cash-rich oil giants are taking advantage of high prices and…
Chennai, Oct 23 (SocialNews.XYZ) Power equipment major Bharat Heavy Electricals Ltd (BHEL) said in a regulatory filing on Monday that its Executive Director Koppu Sadashiv Murthy has been appointed as the Chairman and Managing Director…
New Delhi, Oct 23 (SocialNews.XYZ) Gold is expected to trend higher in the immediate term. Technically, the price targets for gold remain at $1,990 and $2,030, according to Emkay Wealth Management. Contrary to the usual…
Pune/Chennai, Oct 23 (SocialNews.XYZ) Automotive major Tata Motors Ltd said on Monday that it has unveiled two research and development (R&D) facilities in Pune. According to the company, the centres are an engine test cell…
New Delhi, Oct 23 (SocialNews.XYZ) About 89 per cent of Indian CEOs are likely to reward employees who try to come to the office, with raises, promotions, and favourable assignments, a new report said on…
New Delhi, Oct 23 (SocialNews.XYZ) The coal ministry has worked out strategy for ensuring normal production of coal during festival season by way of offering higher wages to the contractual workers during the season. This…
Mumbai, Oct 23 (SocialNews.XYZ) Domestic equities came under pressure on Monday amid global turmoil, witnessing broad base selling. Nifty nosedived 261 points (-1 per cent) to close at a three-month low of 19,281.75, said Siddhartha…
New Delhi, Oct 23 (SocialNews.XYZ) The index of mineral production of the mining and quarrying sector for August stood at 111.9, showing a growth of 12.3 per cent over the corresponding period of last year….
New Delhi, Oct 23 (SocialNews.XYZ) Pessimism persisted in the Indian bourses as the bears tightened their grip by breaching all the key Nifty support levels to end the session at 19,281.75 with a loss of…
New Delhi, Oct 23 (SocialNews.XYZ) American oil giant Chevron Corporation announced on Monday that it has entered into a definitive agreement with Hess Corporation to acquire all of the outstanding shares of Hess in an…
New Delhi, Oct 23 (SocialNews.XYZ) With the IMF revising India’s growth projection upwards by 20 basis points to 6.3 per cent in October, it shows the growing confidence of global analysts as well in India’s…
Canberra, Oct 23 (SocialNews.XYZ) The peak body representing Australian farmers on Monday called for the federal government to walk away from a proposed free trade agreement (FTA) with the European Union (EU). In a statement…
Canberra, Oct 23 (SocialNews.XYZ) Australia’s Treasurer Jim Chalmers on Monday warned of persistent inflation following a spike in petrol prices. According to estimates released by the Treasury on Monday, consumer price index (CPI) data for…
New Delhi, Oct 23 (SocialNews.XYZ) With last week registering successively lower lows, the ongoing slide appears to gain momentum, setting up environment for a dive into the 19,350-230 region, says Anand James, Chief Market Strategist…
New Delhi, Oct 22 (SocialNews.XYZ) A high level central banks’ panel has suggested that the key financial institutions need to rebalance their policy mix, rebuild policy buffers and develop safe macro-financial stability frameworks (MFSFs) for…
Chennai Oct 22 (SocialNews.XYZ) Increase in the US bond yields, geopolitical situation, seemingly high valuations of the Indian markets, general risk averse sentiment or cutting down equity weight globally are the reasons for foreign institutional…
New York, Oct 22 (SocialNews.XYZ) The US Federal Reserve may have to hold back interest rate hike for some time now as its 19 months of historic hikes to tamp down on inflation is driving…
Chennai, Oct 21 (SocialNews.XYZ) Kotak Mahindra Bank on Saturday said it closed the second quarter of FY24 with higher net profit of Rs 3,190.97 crore. The bank also said the Reserve Bank of India has…
Chennai, Oct 21 (SocialNews.XYZ) IDBI Bank on Saturday said it closed the second quarter of FY24 with an increased net profit of Rs.1,323.27 crore. In a regulatory filing, IDBI Bank said for the quarter ended…