Business
FPIs have been sellers in 6 trading sessions at Rs 7,990 cr
August 4, 2023
FPIs have been sellers in 6 trading sessions at Rs 7,990 cr
FPIs have been continuous sellers in the last six trading sessions with a cumulative sell figure of Rs 7,990 crore,…
Apple s Tim Cook, Amazon Andy Jassy bet big on generative AI
August 4, 2023
Apple s Tim Cook, Amazon Andy Jassy bet big on generative AI
Apple CEO Tim Cook has revealed that the tech giant has been working on generative AI and other models for…
Gold prices gain after US government’s credit rating was downgraded by Fitch
August 2, 2023
Gold prices gain after US government’s credit rating was downgraded by Fitch
Gold prices gained slightly after the US government’s credit rating was downgraded by Fitch, says Hareesh V, Head of Commodities…
Excess IT spend is likely reversing leading to demand weakness
August 2, 2023
Excess IT spend is likely reversing leading to demand weakness
Aggregate incremental revenues (QoQ) of top-5 Excess IT Services players declined in 1QFY24 by USD 68mn, a first since 1QFY20,…
PayU sells its GPO biz to Rapyd for $610 mn, sets eyes on India
August 1, 2023
PayU sells its GPO biz to Rapyd for $610 mn, sets eyes on India
Global investment group Prosus on Tuesday said that Rapyd, PayU a leading Fintech-as-a-Service provider, is acquiring its digital payments business…
Govt hikes windfall tax on crude petroleum, diesel; applicable from Aug 1
August 1, 2023
Govt hikes windfall tax on crude petroleum, diesel; applicable from Aug 1
Government has hiked the Special Additional Excise Duty (SAED) or windfall tax on crude petroleum from Rs 1,600 per tonne…
Airtel prepaid Rs 8,024 cr to clear liabilities for spectrum acquired in 2015
July 31, 2023
Airtel prepaid Rs 8,024 cr to clear liabilities for spectrum acquired in 2015
Bharti Airtel on Monday said it has prepaid Rs 8,024 crore to the Department of Telecom (DoT) towards part prepayment…
Walmart buys Tiger Global’s remaining Flipkart stake for $1.4 bn
July 31, 2023
Walmart buys Tiger Global’s remaining Flipkart stake for $1.4 bn
Retail giant Walmart has reportedly paid $1.4 billion to acquire VC form Tiger Global’s remaining shares in the e-commerce major.…
Tomato price touches Rs 200/kg in TN as rain hits crop in K taka, Andhra
July 31, 2023
Tomato price touches Rs 200/kg in TN as rain hits crop in K taka, Andhra
There seems to be no respite for the people from the rising prices of tomatoes in Tamil Nadu as the…
FPIs sold stocks for Rs 3,979 cr in cash market
July 28, 2023
FPIs sold stocks for Rs 3,979 cr in cash market
The headwinds for the markets come from the US 10-year yield rising sharply to 4 per cent, the dollar index…