New Delhi: Indian benchmark equity indices ended lower for the second consecutive session on Wednesday as selling pressure across several sectors, elevated crude oil prices and persistent FII outflows weighed on market…
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Mumbai: Reliance Industries-backed Jio Platforms’ $3.2 billion initial public offering (IPO) attracted bids for more than twice the shares on offer by Wednesday afternoon, after the issue was fully subscribed within 100…
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New Delhi: Indian equity benchmark indices ended sharply lower on Monday, snapping their two-session winning streak as heavy selling in information technology and private banking stocks, coupled with weak global cues, dampened…
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Washington: India’s Essar Group is set to invest $18 billion in the United States, including $15 billion to develop a major steel plant in Iowa, US President Donald Trump announced at an…
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New Delhi: Samsung India has begun cutting jobs in batches as rising costs, weaker sales and mounting pressure on margins affect its television and home appliance businesses, according to a report by…
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New Delhi: India’s largest pharmaceutical company, Sun Pharmaceutical Industries, has entered into an agreement with the United States government to provide medicines at lower prices to American patients, marking a significant expansion…
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San Francisco: Nvidia has reportedly agreed to acquire open-source artificial intelligence platform Hugging Face for $12.9 billion, in a deal that could significantly strengthen the chipmaker’s presence across the rapidly expanding AI…
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Mumbai: Bank of America (BofA) will invest ₹18,268 crore to acquire up to a 49.9% stake in Jio Credit Limited (JCL), the wholly owned lending subsidiary of Jio Financial Services Limited (JFSL),…
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New York: A US federal judge has permanently dismissed criminal charges against Adani Group chairman Gautam Adani and his nephew Sagar Adani, bringing a major legal chapter involving the Indian conglomerate to…
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San Francisco: Elon Musk-owned social media platform X has officially launched X Money, a new digital payments and financial services offering aimed at transforming the platform into an all-in-one digital ecosystem. The…
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