Business

Saudi Aramco said it was committed to a bumper dividend even as third quarter net profits dropped to 44.21 billion Saudi riyals ($11.79 billion), compared to $21.3 billion in the same period last year

Objective of the process of invitation of EoI is to identify a suitable equity investor/ group of investors willing to take over management control so as to revive the bank and commence regular day-to-day operations

AMCs have been allowed to become self-clearing members to clear and settle trades in the debt segment on behalf of its mutual fund schemes

Mech Mocha is a mobile gaming startup that runs India's first live-social gaming platform 'Hello Play'

Exports during April-October 2020-21 stood at $150.07 billion, registering a decline of 19.05 per cent over the same period last year

New Delhi: Ola is in talks with various state governments to set up India’s largest e-scooter manufacturing plant, according to sources. Sources close to the development said Ola Electric, the EV arm of the ride hailing company, has been engaging with state governments, including Karnataka, Tamil Nadu, Andhra Pradesh and Maharashtra, to set up an […]

Uber said the launch is in line with the company's recently announced global commitment to make all rides on its platform 100 per cent emission-free by 2040 through zero-emission vehicles.

ICICI Bank was the top gainer in the Sensex pack, surging around 4 per cent, followed by SBI, IndusInd Bank, HDFC Bank, Tata Steel and HDFC.

The dollar index, which gauges the greenback's strength against a basket of six currencies, fell 0.14 per cent to 94.01.

Aims to achieve profitability in next 8-10 months followed by an IPO

It was launched as part of the Aatmanirbhar Bharat Abhiyan package announced by Finance Minister Nirmala Sitharaman in May to mitigate the distress caused by coronavirus-induced lockdown

Manufacturers indicated that the ongoing relaxation of COVID-19 restrictions, better market conditions and improved demand helped them to secure new work in October

Reliance is working on three projects in the Krishna Godavari basin KG-D6 block, where production from older fields stopped in February this year

The company said it is expected to receive an enterprise value of Rs 1,076 crore as an upfront payment

The company’s consolidated total income however declined to Rs 4,620 crore during the second quarter, compared to Rs 4,867 crore

The board approved the proposal to buy back 19,78,91,146 fully paid-up equity shares at a price of Rs 115 per unit for an aggregate consideration not exceeding Rs 2,275.75 crore

The consolidated profit after tax attributable during the corresponding three months of 2019-20 stood at Rs 10,389 cr

The company also reported over 100 million monthly active users (MAU) and 2.3 billion app sessions in October.

Beyond the stunning design, iPhone 12 has some key internal ingredients which will elevate the whole experience to a brand new level in the ongoing festive season, as people spend time at home with families

Lee Kun-hee, Samsung Electronics chairman and chief of South Korea's top conglomerate Samsung Group, died on October 25 at age 78, more than six years after being hospitalized for a heart attack.

Losses in domestic stock markets and uncertainty ahead of US presidential election weighed on the investor sentiment, traders said.

Reliance Industries was the top laggard, tanking over 4 per cent, followed by HCL Tech, TCS, Asian Paints, Bajaj Auto, Infosys and HUL.

Corrugated box industry was in distress over the rising Kraft paper prices, a key raw material to make corrugated boxes, and also supply disruptions due to Covid pandemic

The company has its development centre in Hyderabad with about 20 people and plans to increase this number to 200 by end of next year