Archive Detail
| Title | Description | Posted Date |
|---|---|---|
| ED probes infusion of ill-gotten gains i | Kolkata, July 30 (TIWN) Ill gotten gains from the multi-crore West Bengal School Service Commission (WBSSC) scam may have been invested by Partha Chatterjee and others in real estate and film production, an Enforcement Directorate (ED) source revealed. | 30-Jul-2022 |
| HDFC Q1 net profit rises to Rs 3,669 cro | Mumbai, July 30 (TIWN) Home finance major Housing Development Finance Corporation Ltd (HDFC) closed the first quarter of FY23 with 22 per cent growth in its net profit. | 30-Jul-2022 |
| Rupee gains 51 paise to close at 79.25 a | Mumbai, July 30 (TIWN) The Indian rupee appreciated 51 paise to close at 79.25 against the US dollar on Friday, following positive trends in domestic equities and on hope that US Fed will go slow with rate hike after contraction of the US economy for the second consecutive quarter. | 30-Jul-2022 |
| Ashok Leyland logs Rs 68 cr net in Q1 | Chennai, July 30 (TIWN) Commercial vehicle major Ashok Leyland Ltd closed the first quarter of FY23 with an after tax profit of Rs 68 crore. | 30-Jul-2022 |
| Bajaj Finance, Finserv shares major cont | Mumbai, July 30 (TIWN) Shares of Bajaj Finance and parent Bajaj Finserv were major contributors to the second day rise in benchmark indices on Thursday as investors bought their shares after both companies announced whopping Q1FY23 results and stock split by the latter. | 30-Jul-2022 |
| Amazon stock up 14% despite 2nd consecut | San Francisco July 29 (TIWN) E-commerce giant Amazon reported a quarterly net loss of $2 billion, its second consecutive loss in a quarter, but strong revenues and continued growth from Amazon Web Services (AWS) saw its stock soaring 14 per cent in after-hours trading. | 29-Jul-2022 |
| US Senate passes historic $280 bn bill t | Washington, July 28 (TIWN) In a historic move to end dependency on China when it comes to semiconductors, manufacturing and other technologies, the US Senate has passed a $280 industrial policy bill. | 28-Jul-2022 |
| 41% income taxpayers yet to file IT retu | New Delhi, July 28 (TIWN): As the deadline to file Income tax returns inches closer, 41 per cent of Indians who qualify to file the return are yet to file their papers for FY 2021-22, 22 per cent say it is difficult to file it by the July 31 deadline, and about 10 per cent are facing technical glitches, a new report showed on Thursday. Community social media platform LocalCircles conducted the survey that included 11,000 responses received from citizens across 306 districts in the country. | 28-Jul-2022 |
| New rail strike disrupts UK train servic | London, July 28 (TIWN) More than 40,000 railway workers across Britain are taking a 24-hour strike on Wednesday, bringing another day of widespread delays and cancellations. | 28-Jul-2022 |
| China smartphone sales hits new low, Hon | New Delhi, July 28 (TIWN) China's smartphone sales hit a fresh low in the April-June quarter (down 14.2 per cent) to reach less than half of the sales of the historical peak in the fourth quarter of 2016, a new report has shown. | 28-Jul-2022 |
| Zomato allots shares worth Rs 200 cr to | New Delhi, July 28 (TIWN) Online food delivery platform Zomato, which is going through its worst phase at Dalal Street, has allotted nearly 4.66 crore shares to its employees from its employee stock option plan (ESOP) pool at the face value of Rs 1. | 28-Jul-2022 |
| Chip-maker SK hynix warns weak demand in | Seoul, July 27 (TIWN) Chip-maker SK hynix Inc said on Wednesday that it logged record quarterly sales and the best second-quarter operating profits in four years, driven by the sales of NAND flash and positive currency effects. | 27-Jul-2022 |
| 'Indian EV industry attracted $1.67 bill | Chennai, July 28 (TIWN) A total of $1.7 billion has been invested by private equity and venture capitals in the Indian electric vehicle (EV) industry in 2021, said a top official of Indian Private Equity and Venture Capital Association (IVCA). | 28-Jul-2022 |
| Domestic investors now larger holders th | New Delhi, July 26 (TIWN) The combined holdings of domestic mutual funds and direct households in stocks have risen over 720 bps since 2015 whereas those of foreign portfolio investors (FPI)have declined about 230 bps, Morgan Stanley said in a report. | 26-Jul-2022 |
| Odisha minister writes to Centre for set | Bhubaneswar, July 26 (TIWN) Odisha cooperation minister Atanu Sabyasachi Nayak has written a letter to Union agriculture minister Narendra Singh Tomar for an early settlement of claims under the Pradhan Mantri Fasal BimaYojana (PMFBY) for kharif 2021. | 26-Jul-2022 |
| UK restaurant insolvencies jump by over | London, July 26 (TIWN) The number of UK restaurants falling into insolvency has increased by more than 60 per cent in the past year amid worker shortages and the cost of living crisis, which has forced customers to cut back on spending, media reports said. | 26-Jul-2022 |
| India set for 5G spectrum auction, Relia | New Delhi, July 26 (TIWN) With the mega 5G spectrum auction (worth Rs 1.9 lakh crore) beginning from Tuesday amid the tussle over captive private 5G networks, Reliance Jio and Bharti Airtel are set to boost their market share as India prepares for a 5G era. | 26-Jul-2022 |
| Tesla reveals $170 mn loss from $1.5 bn | San Francisco, July 26 (TIWN) Elon Musk-run Tesla on Monday revealed it incurred $170 million loss from its Bitcoin investments in the first six months of the year. | 26-Jul-2022 |
| US Fed widely expected to raise interest | London, July 25 (TIWN) The Federal Reserve is widely expected to raise interest rates by 0.75 percentage points at its July policy meeting, Financial Times reported. | 25-Jul-2022 |
| Assam stares at LPG shortage as transpor | Guwahati, 25 July (TIWN) The people of Assam are likely to face a shortage of LPG cylinders in the coming days as LPG transporters across the state have decided to go on an indefinite strike from Monday. The proposed strike is also likely hit supplies in the neighbouring northeastern states. | 25-Jul-2022 |
| Riding on robust Q1 results, Infosys rai | Bengaluru, July 25 (TIWN) Registering a 21.4 per cent year-on-year growth, leading IT player Infosys reported a robust performance for Q1 of FY 2022-23. The company also reported a sequential growth of 5.5 per cent in constant currency. | 25-Jul-2022 |
| Multi bagger Dhruva Capital gains 205% i | New Delhi, July 25 (TIWN) Dhruva Capital stock has given 205 per cent returns in the last month. | 25-Jul-2022 |
| Amid looming CBI probe, Delhi excise pol | New Delhi, July 25 (TIWN) The ongoing Delhi Excise Policy, which has been shrouded with much controversy, is likely to be extended by two more months as it expires on July 31. | 25-Jul-2022 |
| West Bengal Teachers Recruitment scam: B | Kolkata, Jul 24 (TIWN): Arpita Mukherjee is currently in the news after the Enforcement Directorate (ED) recovered a huge amount of cash, gold and other costly items from her residence in connection with the agency's ongoing probe on the West Bengal School Service Commission (WBSSC)'s recruitment irregularities scam. | 24-Jul-2022 |
| CGST sleuths bust Rs 185 crore fake ITC | Mumbai, July 24 (TIWN) The Central GST's Mumbai South Commissionerate has busted a major racket of Rs 185 crore fake GST invoices used to avail bogus GST Input Tax Credit of around Rs 22 crore, and arrested two persons, officials said here on Saturday. | 24-Jul-2022 |
| Go First likely to raise money via IPO t | New Delhi, Jul 24 (TIWN): Go First airline with a fleet size of 57 aircraft is a major player in the Indian aviation sector. While its latest available financial results talk about stressed financials, industry sources said that the airline is likely to raise money through an initial public offering (IPO) with air travel now recovering from the pandemic blues. | 24-Jul-2022 |
| Rumour mills agog as Spicejet sits over | New Delhi, July 24 (TIWN) Budget carrier SpiceJet with a fleet size of 95 planes reported a net profit of Rs 23.28 crore in the quarter ended December in FY2022. | 24-Jul-2022 |
| Chidambaram slams govt for increasing GS | New Delhi, July 24 (TIWN) Criticising the increase in GST on scientific equipment, former finance minister P. Chidambaram on Sunday said government believes that all the scientific knowledge that we need can be gathered by gazing at the sky and re-imagining our past. | 24-Jul-2022 |
| German tourists advised to ditch black s | Berlin, July 23 (TIWN) German holidaymakers are being advised to ditch black suitcases and kit themselves out with more colourful and eye-catching luggage instead to make locating them easier at airports struggling with baggage handling chaos. | 23-Jul-2022 |
| FIIs turning positive boosts stock marke | New Delhi, July 22 (TIWN) FIIs turning positive after a very long time, along with strong results, kept the momentum strong for domestic stock markets during the week. | 23-Jul-2022 |
| Scindia inaugurates direct flight betwee | New Delhi, July 22 (TIWN) Minister of Civil Aviation Jyotiraditya Scindia on Friday inaugurated the direct flight between Jabalpur in Madhya Pradesh and West Bengal capital Kolkata. | 23-Jul-2022 |
| Reliance Industries posts record consoli | New Delhi, July 22 (TIWN) Reliance Industries Ltd (RIL) posted record consolidated revenues at Rs 2.42 lakh crore ($30.8 billion) in Q1 FY23, up 53 per cent year on year. | 23-Jul-2022 |
| Odisha's export turnover more than doubl | Bhubaneswar, July 23 (TIWN) Odisha's export turnover has more than doubled during the last five financial years, MSME minister Pratap Keshari Deb told the state assembly on Friday. | 23-Jul-2022 |
| Akasa Air to launch commercial operation | New Delhi, July 22 (TIWN) Akasa Air, the airline promoted by billionaire investor Rakesh Jhunjhunwala, is set to launch its commercial operation with its first flight on August 7 on the Mumbai-Ahmedabad route. | 22-Jul-2022 |
| Airbnb Co-founder Joe Gebbia steps down | New Delhi, July 22 (TIWN) Online hospitality major Airbnb Co-founder Joe Gebbia has announced to step down after 14 "wild years" and is set to open a new chapter. | 22-Jul-2022 |
| Kia reports 40% jump in Q2 profit riding | Seoul, July 22 (TIWN) Automaker Kia said on Friday that its second-quarter net profit jumped 40 per cent from a year earlier on an improved product mix and a weak won. | 22-Jul-2022 |
| Snapchat reports $422 mn loss in Q2, sha | New Delhi, July 22 (TIWN) Snap, the parent company of Snapchat, saw its shares plunging over 25 per cent in after-hour trading after it reported a net loss of $422 million compared to $152 million in the prior year as the company "substantially" reduced hiring. | 22-Jul-2022 |
| upGrad acquires edtech platform Harappa | New Delhi, July 22 (TIWN) Higher education platform upGrad on Friday announced it has acquired online learning institution Harappa Education for Rs 300 crore (about $38 million). | 22-Jul-2022 |
| 58K public general insurance staffers to | Mumbai, July 21 (TIWN) Over 58,000 employees in the public sector general insurance companies will go on a 2-day strike on July 27-28 to highlight their woes of wage revision and lack of Central government support to the industry, top leaders said here on Thursday. | 21-Jul-2022 |
| SKorea to cut corporate, income taxes ne | Seoul, July 21 (TIWN) South Korea's finance ministry said on Thursday that it will cut corporate and income taxes next year in a bid to boost corporate investment and lower tax burden on ordinary people troubled by high inflation. | 21-Jul-2022 |
| Uber rival Lyft fires 60 workers, shuts | San Francisco, July 21 (TIWN): Uber rival Lyft has laid off at least 60 employees and shut its first-party car rental service as it aims to consolidate its global operations amid the macro-economic conditions. | 21-Jul-2022 |
| Many Australian businesses struggling to | Sydney, July 21 (TIWN) Almost 40 per cent of Australian small and medium business owners are facing labour shortages, according to one of the nation's largest banks. | 21-Jul-2022 |
| Tesla sold 75% of its Bitcoin, Musk says | New Delhi, July 21 (TIWN) Tesla has sold 75 per cent of its Bitcoins, adding $936 million in cash to its balance sheet in the second quarter (Q2) this year, as it deals with economic meltdown amid cryptocurrencies falling off the cliff. | 21-Jul-2022 |
| Pak rupee, stocks sink due to political | Islamabad, Jul 20 (TIWN): Pakistan is fast moving towards a total financial meltdown as the rupee hit another record law against the US dollar while the stock market shed at least 1,500 points in two days after Fitch Ratings downgraded the countrys credit rating from 'stable' to 'negative'. | 20-Jul-2022 |
| Apple agrees to pay $50 mn to settle fla | San Francisco, July 20 (TIWN) Apple has agreed to pay $50 million to settle the lawsuit over flawed "butterfly" keyboards in MacBooks in the US. | 20-Jul-2022 |
| Renegotiating deals : Netflix will launc | New Delhi, Jul 20 (TIWN): Netflix has confirmed it is renegotiating deals to put ads on its platform and will launch first in countries that have more mature advertising markets. | 20-Jul-2022 |
| Netflix loses nearly 10 lakh paid subscr | San Francisco, July 20 (TIWN) Popular video streaming platform Netflix has announced that it lost nearly one million paid subscribers in the second quarter of this year. | 20-Jul-2022 |
| India extended concessional loans of ove | New Delhi, July 20 (TIWN) Being a trusted partner in the journey of socio-economic development, India has extended concessional loans of over $12.3 billion to Africa, External Affairs Minister S. Jaishankar said on Tuesday. | 20-Jul-2022 |
| No GST on food items when sold loose, cl | New Delhi, July 19 (TIWN): Chinese short-video making app TikTok has started sacking employees worldwide as part of "a much larger re-organisation effort". | 19-Jul-2022 |
| Chinese app TikTok begins laying off peo | New Delhi, July 19 (TIWN) Chinese short-video making app TikTok has started sacking employees worldwide as part of "a much larger re-organisation effort". | 19-Jul-2022 |