CDC Group sells 3.7% stake in IIFL Finance worth Rs337 crore
CDC Group sold 14 million shares of IIFL Finance at an average price of Rs240.64 per share, aggregating to Rs336.90 crore on…
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PharmEasy buys 66% stake in Thyrocare
The Thyrocare stock surged 6.23% to ₹1,448.05 on BSE. The announcement was made after the end of trading in Mumbai
The natural-gas glut has evaporated, driving prices higher
The power-plant fuel costs twice what it did at the start of last summer, portending higher utility bills and manufacturing costs…
Reliance says FCCU unit at Jamnagar refinery shut, exports may be delayed
The refinery, which has the capacity to process 704,000 barrels of crude per day (bpd), is part of the world’s biggest refining…
Tesla executive and top Elon Musk lieutenant has left the company
Jerome Guillen was a top lieutenant to Musk and played a key role in ramping up Model 3 production in 2018.The executive previously…
‘Do we need to be in Hong Kong?’ Global companies are eying the exits
Buffeted by political upheaval, a crackdown by mainland China and the pandemic, global companies are heading for rival cities…
Parle Products enters wheat flour market
Parle-G announced the launch of ‘Parle G Chakki Atta’ that will be rolled out in the north and west India and sell under three…
GameStop’s most loyal shareholders are in it for the long haul, not the memes
As the videogame retailer’s stock has come back from a steep fall earlier this year, investors show faith in activist Ryan Cohen
India’s foreign exchange reserves will help tide global spillovers, RBI says
Earlier this year, the country’s foreign-exchange reserves briefly surpassed Russia’s to become the world’s fourth-largest
Tesla shares drop most in three weeks on market-share loss
The shares fell as much as 4% in New York on Wednesday, before closing down 3%, restraining the advance in the S&P 500 Index. It was the stock’s biggest one-day…