Banking

Tesla Reveals Loss Of $204 Million From Bitcoin Investments In 2022

Elon Musk-owned Tesla has revealed that the company recorded a $204 million impairment loss in 2022 on its Bitcoin inves... Read more

Amazon Job Cuts Hit Staffers In Grocery, Robotics, Payments, AWS Divisions

Amazon announced job cuts of around 18,000 employees last month, and those who lost their jobs were from various divisio... Read more

Toyota Kirloskar Motor Vehicle Sales Surges 175% To 12,835 Units In January

Toyota Kirloskar Motor (TKM) on Wednesday reported a 175 per cent growth in vehicle sales at 12,835 units in January. T... Read more

Kia's Vehicle Sales In India Grow 48% To 28,634 Units In January

Automaker Kia India on Wednesday said its sales grew 48 per cent at 28,634 units in January. The company's sales stood ... Read more

Bajaj Auto Total Vehicle Sales Fall 21% To 285,995 Units In January

Bajaj Auto Ltd total vehicle sales fell 21 per cent at 2,85,995 units in January. The company's vehicle sales stood at ... Read more

Adani Group's Stock Slump Worsens As Key Share Sale Fails To Lift Mood

It is a wait-and-watch situation. They have obviously found the investors but concerns of Hindenburg Research have not b... Read more

Jindal Steel And Power Says Enquiries From European Buyers On Rise

We did see some increase in the order book and a lot of enquiries (from Europe): Bimlendra Jha, managing director of Jin... Read more

RBI Appoints V Ramachandra As Member Of Advisory Committee Of SIFL, SEFL

The Reserve Bank on Tuesday appointed V Ramachandra, former chief general manager of Canara Bank, as a member of the Adv... Read more

Global Device Shipments To Decline 4% In 2023, PCs To Be Worst Hit: Report

By the end of 2023, Gartner expects more than 25% of business PCs will upgrade to Windows 11 Read more

JSPL, NTPC, Vedanta Among 59 Firms That Submitted Bids For 36 Coal Blocks

The government on Tuesday said that 59 companies, including JSPL, NTPC and Vedanta, have submitted bids for 36 coal bloc... Read more

IndiaMART And Four Other Indian Markets Figure In US Notorious Markets List

IndiaMART, one of the largest Indian e-commerce websites, along with four physical marketplaces in Delhi, Bengaluru, Kol... Read more

Enforcement Directorate Searches Srei Subsidiaries Undergoing Bankruptcy

The Enforcement Directorate (ED) Tuesday conducted simultaneous raids here on properties of of two organisations - Srei ... Read more

Vedanta Shelves Plan To Sell Its Copper Smelter In Tamil Nadu

Restarting the smelter will lead to a surge in India's copper output and cut imports Read more

Adani Group Tops Up Collateral On $1 Billion Loan After Stock Rout

Adani on Friday added about $300 million worth of shares for a loan made by a group of banks including Barclays Plc, one... Read more

Hindenburg Report: Sebi Discusses Adani Firms With Ratings Agencies

SEBI asked about the maturity profile of Adani Group debts, its liquidity, the founder's leverage and the overall rating... Read more