The stock market jumped with joy after an outsized increase in the policy level by the US Fed, with the hope that most of the monetary tightening is behind us and the slowing economy will force cutting next year. They seem to believe that Fed ‘Put’ does not die, but only in a coma, and […]
U.S. SEC adds Alibaba to list of Chinese...
Alibaba Group Holding Ltd. is one of the list of Chinese companies that can face Delisting, the Securities Commission and the US Exchange said on Friday, pushing e-commerce giant shares down around 9% in trading midday. Alibaba is among more than 270 Chinese companies registered in New York identified at risk of delisting under the […]
HDFC Q1 Result | Net profit rises 22% to...
Housing Development Finance Corporation Ltd. Sells the estimated road by Mustache, reporting a net profit of 3,668.82 Crore Hospital for a June quarter, an increase of 22 percent from last year’s period, on July 29. The average estimated seven brokers surveyed by Moneycontrol expect net profit in RS 3,902 Crore. The largest housing financial company […]
2022 Mahindra Scorpio-N bookings to open...
2022 Mahindra Scorpio-N was launched at the Indian market on June 27, creating many buzz before and after launch. Right after launch, SUVs can be added to the list of one of the most loved vehicles from homemade car makers. However, until now, there is no number to prove the enthusiasm of the buyer to […]
No fund withdrawals from these 2 banks –
Reserve Bank on Thursday said that he had imposed several restrictions, including the withdrawal of funds, in two cooperative banks based in Uttar Pradesh given their deteriorating financial position. The two lenders are Lucknow Urban Co-Operative Bank and Urban Co-Operative Bank Limited, Sitapur. Restrictions based on the laws of banking regulations will remain valid for […]
“We Will Never Merge”: Ola CEO Bhavish A
New Delhi: Head of Executive Ola Bhavish Aggarwal has denied media reports about merger talks with Uber. Mr Aggarwal Tweeted Ola “is very profitable and growing well” and reports on the mergers with American travel firms are “absolute trash”. The Reuters news agency reports that Ola and Uber are considering the potential of mergers, quoting […]