SBI Joins Rs 5 Trillion Market Cap Club, Shares Up 26% in 3 Months
Public lender State Bank of India (SBI), whose market capitalisation hit an all-time high of Rs 564.45 on Wednesday, rose 1% in insider trading, hitting...
Category : Latest News
Twitter Shareholders Votes for Elon Musk’s $44 Billion Buyout
On Tuesday, Twitter shareholders accepted a $44 billion buyout by Elon Musk and handled the deal’s outcome to the court battle wherein the billionaire has...
Ambuja Cements Jumps 3%, Hits Market High on Weak Fundraising Plan
Shares of Ambuja Cements hit a new high of Rs 503 on the BSE, as the stock rose 3.4% in intraday trade on Wednesday, despite...
Sensex Down 550 Points, Nifty Tests 17,900, IT Index Down 3%
US stocks opened lower on Wednesday after the US inflation report for August and weak global signals. The top index, Nifty50, fell more than 150...
France Cuts 2023 Growth Outlook to 1%, Deficit Target to be Intact
On Tuesday, the Finance Minister of France Bruno Le Maire said that the French government is lowering the country’s 2023 economic growth outlook. However, he...
Food Prices, High Rents Boost US Inflation in August
In August, US consumer prices unexpectedly surged, and underlying inflation increased amid rising costs for rents and healthcare. This development gives the Federal Reserve ammunition...
White House Makes Contingency Plan to Avert US Rail Shutdown
On Tuesday, the White House made contingency plans to ensure critical goods deliveries during the US rail system shutdown. However, the White House also reiterated...
US Partners Google to Develop Chips for Researchers
The United States Commerce Department has reached a cooperative research and development agreement with Google (NASDAQ:GOOGL) for producing chips that can be used by researchers...
UBS Shares Rise Following Proposed Dividend Increase in 2022
On Tuesday, when the Swiss bank announced a projected 10 per cent rise in its annual dividend, shares of UBS Group AG (SIX:UBSG) increased.If shareholders...
Aptiv to Buy 85% Stake in Intercable Unit in EV Tech Push
On Tuesday, Tesla (NASDAQ:TSLA) supplier Aptiv (NYSE:APTV) Plc reported that it is likely to acquire a majority stake in a unit of Italy-based Intercable for...