Business
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Musk shares update on Tesla launch in India, says facing challenges
New Delhi: Tesla CEO Elon Musk on Thursday informed that the EV-maker is facing a “lot of challenges” for its car launch in India. “Still working through a lot of challenges with the…
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Adani Group, South Korea’s POSCO sign MoU for Integrated Steel Mill
Ahmedabad: POSCO and the Adani Group have agreed to explore business cooperation opportunities, including the establishment of a green, environment-friendly Integrated Steel Mill at Mundra, Gujarat, as well as other businesses. The…
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High food prices lift India’s Dec retail inflation rate
New Delhi: High food prices accelerated India’s December 2021 retail inflation rate on a sequential and year-on-year basis. Data furnished by the National Statistical Office showed that the Consumer Price Index rose…
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Tesla asks fanbase to support push to allow direct sales in NY
San Francisco: Elon Musk-owned electric vehicle company Tesla is using its “Tesla Engage” platform to ask its fanbase to support a new push to convince the New York governor and legislature to…
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Binance CEO becomes one of the world’s richest billionaires
New Delhi: A cryptocurrency CEO has become one of the richest people on Earth, CNN reported. Changpeng “CZ” Zhao, who runs the crypto exchange Binance, has joined the ranks of the world’s…
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Court approves $240 mn acquisition of Mahindra’s SsangYong Motor
Seoul: A Seoul court on Monday approved a local consortium’s acquisition of Mahindra & Mahindra-owned SsangYong Motor by Edison Motors for $254 million, paving the way for the financially-troubled carmaker to get…
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Rupee gains 13 paise to 73.92 against US dollar in early trade
Mumbai: The rupee appreciated by 13 paise to 73.92 against the US dollar in opening trade on Tuesday, supported by the weakening of the American currency in the overseas market. At the…
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More than 850 penny stocks rose over 100% in the past 18 months
New Delhi: Some penny stocks or low-priced stocks have given massive returns in the past 18 months with 102 stocks rising over 1000 percent and 10 stocks rising over 5000 percent. The…
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Skoda launches all-new Kodiaq in India; check price, photos
Skoda India has reintroduced the Kodiaq SUV after four years with its latest designs and new features. The car is now available in showrooms across India at a price of 39.99 lakhs (ex-showroom,…
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BSE SME m-cap breaches Rs 50,000 cr for first time
New Delhi: The market capitalisation of companies listed on the Bombay Stock Exchange’s small and medium enterprise (SME) platform touched the Rs 50,000 crore mark for the first time. At present, over…
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Govt measures didn’t fructify into drastic decline in pulses’ retail prices
New Delhi: Retail prices of nutrient-rich pulses have not shown any drastic decline in the past few months despite several interventions and measures introduced by the Centre to cool off prices. Prices…
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Kazakhstan: Bitcoin price decreased due to ongoing protest
The Bitcoin prices have decreased due to the protest in Kazakhstan, the country’s facing a lack of internet access, as a result, the biggest network of Bitcoin remain inactive the whole day.…
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Diesel, petrol prices remain steady on Sunday
New Delhi: Oil marketing companies kept the prices of diesel and petrol unchanged across major Indian cities on Sunday. It is important to note that oil marketing companies have kept prices of…
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Reliance to acquire Mandarin Oriental’s flagship NYC property
New York: Reliance Industries Ltd (RIL), India’s largest corporate by revenues, profits and market value, has announced the acquisition of Mandarin Oriental Hotels flagship New York City property in Columbus Circle for…
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Omicron Blow: Rupee expected to weaken on inflation, infection woes
Mumbai: Likely surge in bond yields along with rising COVID-19 cases are expected to weaken the Indian rupee during the upcoming week. Besides, persistently high energy costs could subdue the rupee bulls.…
