Category: Business
Profit down 11.7% but revenue up 2%, dividend of ₹57 declared| Business News
Growth at Tata Consultancy Services Ltd. sustained in the October-December quarter but the bottomline faltered, even as India’s largest IT services firm doubled down on…
Heineken CEO Dolf van den Brink steps down as slumping beer sales hurt brewer| Business News
Heineken NV’s Chief Executive Officer Dolf van den Brink is stepping down months after the company warned on profit over falling beer sales. Outgoing Heineken…
Deutsche Bank’s $2.5 bn India assets draw final bids from Kotak, Federal Bank| Business News
Deutsche Bank AG’s India retail assets and wealth management have drawn binding bids from Kotak Mahindra Bank Ltd. and Federal Bank Ltd., according to people…
Tightening fundamentals, for the sake of value| Business News
Last year’s Redmi Pad Pro was impressive, to say the least. This is something that our review had noted too, calling it “simply far better…
Slim phones are in vogue, and so is sensible pricing| Business News
For Poco, this year must mean more. This may, in the bigger picture be a sub-brand within the larger Xiaomi footprint in the country, but…
Maruti Suzuki approves ₹5,000-crore land deal to boost production capacity by 1 million units in Gujarat| Business News
Maruti Suzuki India Ltd. has approved a plan to acquire land in Gujarat, as the nation’s largest carmaker seeks to expand its annual production capacity…
DMart shares surge ~3% after Q3 results show outsized growth in profitability| Business News
Shares of DMart parent Avenue Supermarts Ltd. surged after its latest quarterly results showed outsized growth in profitability. A DMart outlet on Ghodbunder road in…
SEBI set to clear the way for NSE IPO in as early as January| Business News
The Securities and Exchange Board of India is set to issue an approval for the long awaited NSE IPO, thereby clearing the decks for the…
Reliance Industries pauses plans to make lithium-ion battery cells in India| Business News
Reliance Industries Ltd. has paused plans to make lithium-ion battery cells in India after failing to secure Chinese technology, said people familiar with the matter,…
US Fed served with DOJ subpoenas, Jerome Powell vows to stand firm| Business News
Federal Reserve Chair Jerome Powell said the US central bank had been served grand jury subpoenas from the Justice Department threatening a criminal indictment, a…









