Category: Business
As Hindenburg shorts Block, 5 facts about Jack Dorsey’s firm
After a scathing report on billionaire Gautam Adani’s empire in January, which led to a stock rout in all 10 Adani-related companies, Hindenburg Research’s latest…
Sukanya Samriddhi Yojana: Check eligibility criteria, other key details
The Union government’s ‘Sukanya Samriddhi Yojana’ is a savings scheme designed to benefit girl children as part of the “Beti Bachao – Beti Padhao” initiative….
Block shares slump after Hindenburg shorts Jack Dorsey’s firm
Bloomberg | | Posted by Ritu Maria Johny Shares of Block Inc. slumped after Hindenburg Research said it’s betting on a decline in the stock,…
Hindenburg’s next target is Block, ex-Twitter CEO Jack Dorsey-led payments firm
Reuters | | Posted by Singh Rahul Sunilkumar Hindenburg Research said on Thursday it held short positions in Block Inc, alleging that the Jack Dorsey-led…
Accenture to cut 2.5% of workforce; lay off 19,000 employees
Accenture Plc on Thursday lowered its annual revenue and profit forecasts and said it would cut about 2.5% of workforce, or 19,000 jobs, the latest…
Biocon’s Kiran Mazumdar-Shaw retires from Infosys board
Biocon’s Kiran Mazumdar-Shaw has retired from Infosys’ board of directors, the company announced Thursday. Shaw completed her tenure as an independent director of the board…
National Pension Scheme: Know tax benefits, other key details
The National Pension Scheme (NPS) is a contribution pension scheme that allows an individual to plan for retirement while still working by accumulating a pension…
FM Sitharaman to meet CEOs of PSU banks amid ongoing global bank crisis: Report
Finance minister Nirmala Sitharaman is scheduled to meet managing directors of public sector banks (PSBs) on March 25 for performance review in the backdrop of…
After Adani bomb, Hindenburg Research teases ‘another big’ report
After dropping a bombshell on Gujarat tycoon Gautam Adani, Hindenburg Research announced that it would disclose “another big” expose, causing people to wonder who the…
Petrol and diesel prices on March 23: Check rates in your city
Continuing an eight-month trend of price stability, the cost of petrol and diesel stayed unchanged on Thursday. In India, petrol prices are revised daily at…