Reliance New Energy to Acquire 20% Stake in US-Based Caelux for $12 Million
Reliance New Energy, a wholly-owned subsidiary of Reliance Industries, announced on September 23 that it would invest $12 million in US-based Caelux for a 20%...
Category : Latest News
Indian Rupee Falls Below 81 Mark Against US Dollar for First Time
The Indian rupee fell below the 81 mark against the dollar for the first time on Friday, hitting a record low, while the 10-year bond...
Bank of England to Sell 8.7 Billion Pounds of Government Bonds in Q4
On Thursday, the Bank of England said that it would sell around 8.7 billion pounds of government bonds in the fourth and final quarter of...
Tesla Recalls 1.1 Million US Vehicles to Update Window Reversing Software
Tesla recalls nearly 1.1 million US vehicles as the window automatic reversal system does not react correctly after detecting an obstruction, thereby increasing the risk...
Ceres Power Shares Fall After Fuel Cell Maker Delays Timing of Key China JVs
On Wednesday, shares in Ceres Power Holdings PLC (LON:CWR) fell sharply after the company pushed back the time frame for it to start seeing proceeds...
Meta Platforms Confirming Cost Cuts to be a Key Catalyst, Morgan Stanley Says
The Wall Street Journal has reported that Meta Platforms (NASDAQ: META) may cut costs by 10 cents or more over the next few months. The...
Norges Bank Raises Interest Rates to 2.25% to Tame Inflation
On Wednesday, Norges Bank raised interest rates again as it looks to keep inflation from becoming entrenched at a high level. The central bank increased...
HUL Shares Rise for Fourth Day in a Row
Shares of FMCG company Hindustan Unilever Ltd rose for a fourth straight day on September 22, rising more than 1.5%, even as the benchmark 30-pack...
Novartis to Prioritise US Market, Says CEO
Novartis, the Swiss pharma giant, said it would make the United States its top geographic priority, even after laws were passed to rein in drug...
Dollar Surges After Hawkish Fed; Yen Plunges to 24-Year Low
On Thursday, the US dollar surged in early European trading, posting a new 24-year high against the yen. This happened after the Federal Reserve’s hawkish...