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SpiceJet’s shares end over 19% higher amid reports of stake sale
Business

SpiceJet’s shares end over 19% higher amid reports of stake sale

Posted on: October 13, 2023

[ad_1] SpiceJet’s shares jumped over 19 per cent after media reports stated that IndiGo co-founder Rakesh Gangwal was buying a ‘sizeable’ stake in the airline.  Following […]

Tata Motors sells 9.9% stake in IPO-bound Tata Technologies for Rs 1,613 cr
Business

Tata Motors sells 9.9% stake in IPO-bound Tata Technologies for Rs 1,613 cr

Posted on: October 13, 2023

[ad_1] Tata Motors Limited (TML) is selling 9.9 percent stake in its IPO-bound subsidiary Tata Technologies (TTL) for Rs 1613.7 crore as part of its plan to […]

Zydus unit recalls 7,248 bottles of Oxybutynin Chloride tablets in US
Business

Zydus unit recalls 7,248 bottles of Oxybutynin Chloride tablets in US

Posted on: October 13, 2023

[ad_1] The drug firm initiated the Class II recall on September 21 this year A unit of Zydus Lifesciences is recalling over 7,000 bottles of Oxybutynin Chloride […]

JPMorgan profit rises on interest income boost, First Republic purchase
Business

JPMorgan profit rises on interest income boost, First Republic purchase

Posted on: October 13, 2023

[ad_1] NII rose 30% to $22.9 billion, the bank said JPMorgan Chase’s profit rose in the third quarter as it reaped a windfall from surging interest payments […]

Ashok Leyland bags order for 1,666 new buses from Tamil Nadu STUs
Business

Ashok Leyland bags order for 1,666 new buses from Tamil Nadu STUs

Posted on: October 13, 2023

[ad_1] Ashok Leyland, the Indian flagship of the Hinduja Group and the country’s leading commercial vehicle manufacturer, announced on Friday that it has secured an order for […]

IndiGo co-founder Gangwal in talks to buy ‘sizable’ stake in SpiceJet
Business

IndiGo co-founder Gangwal in talks to buy ‘sizable’ stake in SpiceJet

Posted on: October 13, 2023

[ad_1] Gangwal and his wife Shobha Gangwal hold 13.23% and 2.99%, respectively, in IndiGo operator InterGlobe Aviation, as of June-end, while their Chinkerpoo Family Trust holds a 13.5% […]

Indian patent office to hire 900 people to enhance manpower: DPIIT secy
Business

Indian patent office to hire 900 people to enhance manpower: DPIIT secy

Posted on: October 13, 2023

[ad_1] Indian patent office (IPO) will be hiring 900 more people with a view to enhance manpower for processing the increasing number of intellectual property applications, a […]

Indian Oil to invest Rs 1,660 cr in exchange for 50% stake in JV with NTPC
Business

Indian Oil to invest Rs 1,660 cr in exchange for 50% stake in JV with NTPC

Posted on: October 13, 2023

[ad_1] Oil major Indian Oil Corporation will invest Rs 1,660.15 crore for its 50 per cent stake in a joint venture with NTPC Green Energy Pvt Ltd announced […]

India still far from replacing China as global growth engine, says HSBC
Business

India still far from replacing China as global growth engine, says HSBC

Posted on: October 13, 2023

[ad_1] By Anup Roy India’s impressive recent economic gains are unlikely to displace China as the world economy’s main growth engine anytime soon, according to HSBC Holdings Plc.  […]

Traders puzzled why the RBI spends billions fighting stronger dollar
Business

Traders puzzled why the RBI spends billions fighting stronger dollar

Posted on: October 13, 2023

[ad_1] By Subhadip Sircar and Ronojoy Mazumdar For the most part of this year, betting against the rupee has been a fool’s errand. Traders are contemplating one key […]

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