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Walmart buys Tiger Global’s stake in e-com giant Flipkart for $1.4 billion
Business

Walmart buys Tiger Global’s stake in e-com giant Flipkart for $1.4 billion

Posted on: July 31, 2023

[ad_1] By Hema Parmar   Walmart Inc. paid $1.4 billion to buy Tiger Global Management’s remaining stake in Flipkart, boosting its bet on the Indian retailer […]

Walmart buys out $1.4 billion hedge fund Tiger Global’s stake in Flipkart
Business

Walmart buys out $1.4 billion hedge fund Tiger Global’s stake in Flipkart

Posted on: July 31, 2023

[ad_1] Walmart has paid $1.4 billion to buy out hedge fund Tiger Global’s investment in e-commerce firm Flipkart, the Wall Street Journal reported on Sunday, citing a […]

Asia-Pacific indices trade higher; Brent at $84/bbl
Business

Asia-Pacific indices trade higher; Brent at $84/bbl

Posted on: July 31, 2023

[ad_1] Stock market live updates: At 7:05 am, the Gift Nifty quoted 19,784 levels, up 33-odd points Dalal Street is likely to start Monday’s trade on a positive, […]

Many chipmakers in talks for India plant: MoS IT Rajeev Chandrasekhar
Business

Many chipmakers in talks for India plant: MoS IT Rajeev Chandrasekhar

Posted on: July 30, 2023

[ad_1] Several semiconductor manufacturers have shown interest in building a chip-making plant in the country, after US-based memory chip producer Micron Technology announced plans to set up […]

RBI likely to maintain status-quo on key interest rates, say experts
Business

RBI likely to maintain status-quo on key interest rates, say experts

Posted on: July 30, 2023

[ad_1] The Reserve Bank is likely to maintain status-quo on the key interest rates for the third time in a row in its upcoming bi-monthly policy review […]

58.3 million tax returns filed for FY2022-23 till July 30
Business

58.3 million tax returns filed for FY2022-23 till July 30

Posted on: July 30, 2023

[ad_1] The last date for filing income tax returns for the previous year by salaried class and those who do not have to get their accounts audited is […]

Ceat lines up Rs 750 cr capex for FY24, says MD & CEO Arnab Banerjee
Business

Ceat lines up Rs 750 cr capex for FY24, says MD & CEO Arnab Banerjee

Posted on: July 30, 2023

[ad_1] Tyre maker Ceat Ltd has lined up a capex of around Rs 750 crore for the ongoing fiscal, mostly to be deployed in increasing production capacity […]

Macroeconomic data, global trends, earnings to guide mkt trends: Analysts
Business

Macroeconomic data, global trends, earnings to guide mkt trends: Analysts

Posted on: July 30, 2023

[ad_1] Domestic macroeconomic data announcements, global trends, quarterly earnings and foreign fund trading activity would dictate terms in the equity markets this week, analysts said. Besides, […]

FPIs’ buying spree continues; invest Rs 45,365 cr in equities in July
Business

FPIs’ buying spree continues; invest Rs 45,365 cr in equities in July

Posted on: July 30, 2023

[ad_1] Foreign portfolio investors (FPIs) continue with their buying spree in July with a net infusion of Rs 45,365 crore in Indian equity markets on stable macroeconomic […]

M-cap of 7 of top-10 valued firms falls by Rs 77,434.98 cr, ITC takes hit
Business

M-cap of 7 of top-10 valued firms falls by Rs 77,434.98 cr, ITC takes hit

Posted on: July 30, 2023

[ad_1] The combined market valuation of seven of the top-10 most valued firms fell by Rs 77,434.98 crore last week, with ITC and HDFC Bank taking the […]

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