Business

Apple Reports $111.18 Billion Revenue in Q2 FY26, Net Profit Rises to $29.6 Bn

Apple Inc. (NASDAQ:APPL) has reported its financial results for the quarter ended March 28, 2026, posting total net sales of $111.18 billion, compared to...

Why Ontarex.com Is Gaining Canadian Investor Attention

In recent months, Ontarex has started to attract noticeable attention from Canadian investors. As the trading landscape in Canada becomes increasingly competitive, platforms that...

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Glenmark Pharma to sell its India and Nepal business for Rs 115 crore

Mumbai based pharma company, Glenmark Pharma has announced that, “The board has decided to sell its Gynaecology business in India and Nepal for Rs...

UP Government to increase license fee for foreign liquor by 20 percent, and beer by 15 percent

As a part of the 2020-2021 excise policy. the Uttar Pradesh state cabinet on Wednesday said that “It has given an approval to increase...

Nestle to invest $2.1 billion to reduce the use of virgin plastics

In an attempt to reduce the use of virgin plastics. The Swiss largest food and beverage company Nestle has announced that “It will invest...

Manappuram Finance snaps $300 million in bonds

Manappuram Finance on Monday has announced the approval of the issuance of fixed-rate senior unsecured notes aggregating to $300 million. In a filing at BSE,...

NSE reaches to SEBI, plans to launch its IPO by September

The National Stock Exchange (NSE) has said that “It has approached the markets' regulator SEBI, for the approval to its IPO.” While speaking with the...

Saudi Arabia may shave light crude prices to Aisa in February

Saudi Arabia, the world's biggest oil exporter, may cut the prices of its light crude grades sold to Asia in February on signs of...

Manappuram Finance to secure Rs350 crore through issuance of NCDs

India based non-banking financial company, Manappuram Finance Ltd is planning to raise Rs 350 crore through issuance of non-convertible debentures (NCDs) on a private...

NHPC to raise Rs 2,000 crore in FY 19-20

A state-owned hydropower generation company NHPC Ltd, is planning to raise Rs 2,000 crore through various instruments. In a filing at BSE, the company said,...

SoftBank's $3 billion WeWork rescue plan, in talk with Japan's three largest banks

SoftBank Group Corp's talks to secure $3 billion from Japan's three biggest banks have stalled as the lenders have hit internal lending limits to...

RBI is purchasing dollars through state-run banks

Reserve Bank of India, also known as (RBI) is buying dollars in the market through state-run banks. Four traders, familiar with the update, said, "It...

"Hopes it can make a trade agreement with US as soon as possible," says China

China said on Monday that it hoped to make a trade deal with the United States as soon as possible, amid intense discussions before...

Sanofi to buy Synthorx for $2.5 billion

France’s Sanofi said on Monday it had agreed to buy Synthorx in a cash deal worth around $2.5 billion as it seeks to beef...

Allcargo Logistics acquires a controlling stake in Gati

A Mumbai based- Integrated logistics solution provider Allcargo Logistics has announced the acquisition of majority stakes in Gati Ltd for Rs 416 crore. As a...

Kumar Mangalam Birla: Vodafone-Idea may opt for insolvency in absence of government relief

Kumar Mangalam Birla, the Chairman of Aditya Birla Group on Friday, said that "Vodafone Idea will shut the shop and opt for insolvency if...

Japan approves 26 trillion yen as economic stimulus package to combat overseas risks

Japan's cabinet approved an economic stimulus package worth 26 trillion yen ($239 billion) with fiscal spending of 13.2 trillion yen, aimed at preventing overseas...

Iran OPEC envoy: "Tehran would back majority decision to cut oil output"

Iran would support a majority decision by members of the Organization of the Petroleum Exporting Countries (OPEC) to cut oil production, the country's OPEC...

India making sixth interest rate cut, still no cure for economy

Five interest rate cuts since the start of the year hasn't stopped India's economy from slowing to its weakest growth rate since 2013, but...

Saudi Arabia increases light crude prices for Asia to six-year high

Saudi Arabia raised on Monday its light crude prices for sales to Asia in January to the highest in six years, tracking gains in...

Walmart partners with HDFC Bank launches co-branded credit card for members of Wholesale B2B cash & Carry stores

HYDERABAD: Walmart India, in partnership with HDFC Bank, on Monday launched a co-branded credit card exclusively for members of its Best Price Modern Wholesale...

Panasonic Corp to sell its semiconductor business to Nuvoton Technology

Japan's Panasonic Corp will sell its loss-making semiconductor business to Taiwan's Nuvoton Technology, a Nikkei Asian Review reported. Panasonic will also divest three Japanese chipmaking...

Kuwait’s KIA to invest in Aramco IPO: Sources

Kuwait Investment Authority (KIA) plans to invest in the initial public offering (IPO) of Saudi Aramco, two sources familiar with the matter told Reuters...

Indian Railways has generated Rs 139.20 crore from sale of platform tickets in 2018-19

Railways earned Rs 139.20 crore from the sale of platform tickets in 2018-19 and Rs 78.50 crore till September this fiscal, the ministry informed...

India’s forex reserves increase by $441 million to a new lifetime high of $448.2 billion

India's forex reserves rose by $441 million to a fresh lifetime high of $448.249 billion in the week to November 15 on an increase...

US antitrust lawmakers frustrated with Google’s latest Fitbit deal

Lawmakers pressed top US antitrust enforcers on their probes of tech giants Alphabet's Google, Facebook, Amazon and Apple with the chair of a House...

NIUM launches its cross-border payments platform in Indonesia

With the attempt to strengthen its position in Southeast Asia’s cross-border payment space. NIUM (a formerly known as InstaReM) on Wednesday, said that “It...

Bank Of England keeps its interest rate at 0.75%, alters UK growth forecasts at 1.4% for 2019

The Bank of England (BoE) has left its main interest rate at 0.75 percent, it said on November 7 after a regular meeting and...

IMF Chief Kristalina Georgieva says, “Global debt surges record-high to $188 trillion”

The global debt load has surged to a new all-time record equivalent to more than double the world's economic output, IMF chief Kristalina Georgieva...

Qatar Airways CEO Akbar Al Baker says, “We have no interest in buying Air India”

Qatar Airways has no interest in buying a stake in Air India, its CEO said on Thursday, as the government plans roadshows in Singapore...

India, US optimistic about inking trade deal before year-end: Senior Indian Diplomat

India and the US are “quite optimistic” that they will ink a trade deal before the end of this year, a senior Indian diplomat...

Finance Minister Nirmala Sitharaman reviews the state of the economy at FSDC meeting

Finance Minister Nirmala Sitharaman on Thursday reviewed the state of the economy, including stress in the financial sector at the meeting of the Financial...

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