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Hexaware Technologies shares down on poor profit returns in Q4

Mumbai-based IT consulting and digital service provider Hexaware Technologies on Wednesday reported a 5 percent decline in its share price on the stock exchange. The...

Kalpataru Power profit jumps by 16.66 percent to Rs 133 crore in Quarter 3

Kalpataru Power Transmission LTD (KPTL) has reported a 16.66 percent jump in the consolidated profit for the December quarter ending in 2019. In a filing...

Oberoi Realty’s Q3 profit increases by 7 percent

India's largest construction company Oberoi Realty on Friday reported a 7 percent increase in consolidated net profit for Quarter 3. In a filing with the...

L&T partners with ideaForge to offer UAVs for defense usage

Mumbai-settled construction and private sector defense giant Larsen and Toubro (L&T) on Friday announced its partnership with Unmanned Aerial Vehicles (UAVs) maker ideaForge to...

Manappuram Finance plans for Rs 1,150 crore funding through debentures

India's leading Financier Manappuram Finance has announced its plan to raise Rs 1,150 crore through issuance of debentures. In a regulatory filing with the stock...

Reports: Goldman Sachs to raise $8 bn in its second buyout fund

Goldman Sachs Group Inc plans to raise $8 billion in only its second buyout fund since the 2008 financial crisis, bolstering its ability to...

Exide Industiries reports 16.76 percent decline in Q3

Battery maker giant Exide Industries on Tuesday reported a 16.76 percent decline in consolidated profit at Rs 118.15 crore in third-quarter end of December...

Coronavirus Outbreak: Over $420 billion wipes out from China's stock market

Investors erased $420 billion from China's benchmark stock index on January 3, sold the yuan and dumped commodities as fears about the spreading novel...

BHEL partners with EESL to develop public charging infrastructure for e-mobility across India

Bharat Heavy Electricals Limited (BHEL) on Friday announced that “It has signed the MoU with EESL to develop a network of public charging infrastructure...

Flipkart Co-founder Sachin Bansal resigns from Ujjivan Small Finance Bank board

Citing to the conflict of interest, Flipkart ex-CEO and Co-founder Sachin Bansal has announced that, “It has resigned as an independent director of Ujjivan...

Japan worries about economy risk from Wuhan virus outbreak

Japanese Economy Minister Yasutoshi Nishimura on Tuesday warned that corporate profits and factory production might take a hit from the coronavirus outbreak in China...

Shriram City Union Finance to raise $1 billion in dollar bond sale through GMTN programme

Chennai-based non-banking financial institution, Shriram City Union Finance Ltd is planning to raise $1 billion in bond sale through Global medium-term notes (GMTN) programme. In...

JSW Steel to raise Rs 1,000 crore through Non-convertible debentures

India's largest steel company, JSW Steel on Thursday said that “It will be raising nearly to $1000 crore through issuance of non-convertible debentures.” In a...

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...

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...

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...

London Stock Exchange to acquire Refinitiv for $27 billion

The London Stock Exchange Group said on Friday it was in discussions to acquire financial data analytics provider Refinitiv Holdings for $27 billion, including...

Wall Street wraps up its best June in decades as G20 meets

Wall Street advanced in heavy trading on Friday, with the S&P 500 and the Dow closing the book on their best June in generations,...

Chipmakers, trade fears push stocks lower in early trading

NEW YORK: U.S. stocks fell in early trading Friday on Wall Street after a major chipmaker issued a sharp warning about how the US-China...

HCL Technologies completes acquisition of Strong-Bridge Envision

IT major HCL Technologies said on Tuesday that its acquisition of US-based Strong-Bridge Envision has been completed. HCL had recently agreed to acquire the Seattle-based...

Wall Street dips after the global economic slowdown report

Wall Street stocks sold off sharply on Friday, with all three major US stock indexes posting their biggest one-day percentage declines since Jan. 3,...

Warren Buffett’s firm Berkshire Hathaway reports the loss of $25 billion on paper stock

Warren Buffett's company recorded a $25 billion loss in the fourth quarter because of a big drop in the paper value of several of...

Bank of Japan’s governor Haruhiko Kuroda blames stock rout on heightening global uncertainty

Bank of Japan Governor Haruhiko Kuroda blamed recent instability in stock markets on growing global economic uncertainties but said the world’s third-largest economy was...

Larsen & Toubro bags Rs 2,048 crore contracts for power and distribution business

During the filing in BSE (Bombay Stock Exchange) on Tuesday, Larsen and Toubro (L&T) announced that "its construction business has received the contract worth Rs...

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