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Mumbai/IBNS-CMEDIA: The Indian Rupee hit a record low on Friday, falling 12 paise to 92.37 against the US dollar as crude prices showed no sign of easing amid the ongoing …
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Mumbai/IBNS-CMEDIA: India’s equity benchmarks extended their losses on Thursday morning as heavy selling followed the opening bell amid rising crude oil prices triggered by the escalating West Asia conflict, media …
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IBNS-CMEDIA: Volkswagen Group, Germany’s largest carmaker, plans to cut around 50,000 jobs in Germany by 2030 as the company grapples with a sharp decline in profits, media reports said. Chief …
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Mumbai/IBNS-CMEDIA: Shares of Reliance Industries rose over 1 percent on Wednesday after Donald Trump, President of the United States, announced plans to build a new oil refinery in the country backed by investment …
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IBNS-CMEDIA: US President Donald Trump on Tuesday announced plans to build the first new oil refinery in the United States in nearly 50 years, backed by investment from Reliance Industries of India. …
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IBNS-CMEDIA: Federal Bank has announced the launch of its wealth management platform and the inauguration of its first Wealth Hub, marking the next phase of the bank’s strategic expansion in …
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IBNS-CMEDIA: E-commerce major Flipkart has removed 250-300 employees following its annual performance review, media reports said. The slashing represents 2 percent of the company’s workforce. “Flipkart conducts regular performance reviews …
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Mumbai/IBNS-CMEDIA: Shares of Mazagon Dock Shipbuilders Limited surged 8 percent on Friday, extending gains from the previous session, media reports said. The stock had climbed 9 percent in the earlier …
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IBNS-CMEDIA: Finland’s Fazer and Reliance Consumer Products Limited (RCPL) have signed a Memorandum of Understanding to evaluate the possibility of establishing a strategic partnership in the Indian chocolate market. This would entail …
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IBNS-CMEDIA: Amid escalating tensions in the Gulf, Iran has announced that the Strait of Hormuz will remain closed only to vessels belonging to the United States, Israel, Europe and their Western allies. The statement, …
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