[ad_1] (Corrects to add dropped word “bought” in paragraph 1) BENGALURU (Reuters) -Indian tech-to-tractor conglomerate Mahindra & Mahindra on Wednesday said it bought a 3.53% stake […]
BlackRock to enter India’s asset management sector with Jio Financial JV
[ad_1] Jio Financial Services Limited (JFS) and BlackRock on Wednesday announced an agreement to form Jio BlackRock, a 50:50 joint venture, to enter India’s asset management industry, BlackRock […]
Fed hikes rates to highest level in 16 years at 5.25%-5.5% citing inflation
[ad_1] The Federal Reserve raised interest rates by a quarter of a percentage point on Wednesday, citing still elevated inflation as a rationale for what is now […]
FTC readies antitrust lawsuit against Amazon that could break up company
[ad_1] Representative Image (Photo: Bloomberg) The US Federal Trade Commission (FTC) is finalising its long-awaited antitrust lawsuit against Amazon in a move that could ultimately break up […]
Tata Motors’ DVR share price soar over 12% on conversion plan announcement
[ad_1] Shares of Tata Motors with differential voting rights (DVR) — also known as A-ordinary shares — rose 12.4 per cent on Wednesday, a day after the […]
LIVE: Blackrock, Jio Financial Services to form JV to enter India
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Net profit at Rs 10,644.30 cr; revenue down by 7.3%
[ad_1] Illustration: Ajay Mohanty The consolidated net profit of Bharat Petroleum Corporation Ltd (BPCL) for the first quarter of the current financial year (Q1YFY24) stood at Rs […]
Net profit falls 38.8% YoY to Rs 692.5 crore
[ad_1] IT major Tech Mahindra on Wednesday reported a 38.8 per cent fall in its consolidated net profit to Rs 692.5 crore in the quarter ended June […]
Qatar sovereign fund in talks for $1 billion stake in Reliance Retail
[ad_1] Qatar’s sovereign wealth fund is in early discussions to buy a minority stake in billionaire Mukesh Ambani’s rapidly expanding retail unit for about USD 1 billion […]
Net profit up 40.5% YoY, gross NPAs down to 1.96%
[ad_1] Axis Bank (Photo: Bloomberg) Axis Bank on Wednesday reported a 40.5 per cent in its standalone net profit in the quarter ended June at Rs 5,797.10 […]