London, Sep 10 (SocialNews.XYZ) The US dollar is enjoying its longest winning streak in nearly nine years, CNN reported. The greenback was heading for its eighth-straight week of gains against a basket of other major…
London, Sep 10 (SocialNews.XYZ) British multinational investment firm Barclays is reportedly planning to lay off hundreds of employees, likely next week, in order to reduce costs. The UK banking giant may cut as many as…
Mumbai, Sep 9 (SocialNews.XYZ) To help rebuild lives affected by floods this year in Uttarakhand and in continuation of its sustained social development efforts in the state, Reliance through Anant Ambani contributed Rs 25 crore to…
Chennai, Sep 9 (SocialNews.XYZ) City-based law firm Commercial Law Advisors (CLA) specialising in mergers and acquisitions (M&A) and other fields will be merging with the leading national law firm JSA. According to JSA, the CLA’s…
New York, Sep 9 (SocialNews.XYZ) The allure of owning US stocks over less risky investments is at its lowest level in decades, according to one measure, despite the equity market’s race upward this year, the…
New Delhi, Sep 8 (SocialNews.XYZ) The total market capitalisation of Adani Group’s listed companies has clawed back to over Rs 11 lakh crore, after an initial knee-jerk reaction post reports by OCCRP, Financial Times and…
New Delhi, Sep 8 (SocialNews.XYZ) An application has been filed against Coffee Day Enterprises under Section 7 of the Insolvency and Bankruptcy Code, 2016 for insolvency proceedings. The application has been filed by IDBI Trusteeship…
New Delhi, Sep 8 (SocialNews.XYZ) A potential infrastructure agreement encompassing ports and railroads being discussed by the leaders of the US, India, Saudi Arabia and other nations supported the outperformance of all railway stocks on Friday,…
New Delhi, Sep 8 (SocialNews.XYZ) Nifty registered the best week in two months after rising for six consecutive sessions on Friday, Deepak Jasani, Head of Retail Research, HDFC Securities, said. Volumes on the NSE again…
Chennai, Sep 8 (SocialNews.XYZ) Automotive battery major Exide Industries Ltd on Friday said it has invested just over Rs 100 crore in its wholly-owned battery cell making subsidiary Exide Energy Solutions Ltd (EESL). In a…
New Delhi, Sep 8 (SocialNews.XYZ) Nifty closed higher for the sixth straight day with gains of 93 points (+0.5 per cent) at 19820 levels. Despite mixed global cues, index bounced back to seven week high…
New Delhi, Sep 8 (SocialNews.XYZ) Benchmark Indices ended the week on Friday just a few percentage away from record highs ahead of the G20 Summit buoyed by good support from the Bank Nifty on positive newsflow…
Chennai, Sep 8 (SocialNews.XYZ) The Hyderabad based pharmaceutical major Natco Pharma Ltd on Friday said the company and others have been named as defendants in a case filed in the US. In a regulatory filing…
New Delhi, Sep 8 (SocialNews.XYZ) The Reserve Bank of India (RBI) has decided to discontinue the requirement for scheduled banks to maintain an incremental cash reserve ratio (I-CRR) of 10 per cent on the increase…
New Delhi, Sep 8 (SocialNews.XYZ) The World Bank has appreciated India’s financial inclusion measures in a document prepared for the G20, observing that it’s Jan Dhan-Aadhaar-Mobile (JAM) trinity has propelled financial inclusion rate from 25…
Helsinki, Sep 8 (SocialNews.XYZ) The Finnish government is aiming to double its domestic electricity production to boost clean energy growth, the country’s Climate and Environment Minister Kai Mykkanen said. “It is most important to ensure…
Chennai, Sep 7 (SocialNews.XYZ) Commemorating its 75th year of operation, commercial vehicle maker Ashok Leyland Ltd on Thursday unveiled electric light commercial vehicles from its group company SWITCH Mobility. Union Minister for Road Transport and…
Chennai, Sep 7 (SocialNews.XYZ) The three Centres of Excellence set up here at a total investment of Rs 604.8 crore are finding good traction among the advanced manufacturing industries and the research and development community,…
New York, Sep 7 (SocialNews.XYZ) Apple shares fell in the early pre-market hours in New York on another report outlining China’s plan to broaden an iPhone ban for certain government departments, state-backed agencies, and firms as…
New Delhi, Sep 7 (SocialNews.XYZ) The government has notified amendments to GST law in relation to the valuation methodology to be adopted by online gaming companies and casinos for calculating tax. The finance ministry notified…