Category: Business
ICICI Prudential AMC shares surge nearly 23% over IPO price on listing day| Business News
Shares of ICICI Prudential Asset Management Co. Ltd. surged by nearly a fourth on debut as investors bet on higher mutual fund investments in the…
How Chinese cars are beating European tariffs| Business News
WHEN THE European Union increased tariffs on Chinese battery electric vehicles (EVs) in 2024, the logic was straightforward: raise prices and imports will fall. A…
Rupee strengthens to under 90/dollar after nearly a week after RBI steps in| Business News
The Indian Rupee strengthened to under 90/Dollar for the first time in nearly a week, on likely interventions by the Reserve Bank of India in…
Bank of Japan hikes benchmark interest rate to highest level since 1995| Business News
The Bank of Japan raised its benchmark interest rate to the highest in 30 years and said more increases are in the pipeline if conditions…
IndiGo share price in focus as it faces CCI probe after mass flight cancellations| Business News
Shares of InterGlobe Aviation Ltd. are in focus today after the Competition Commission of India said it was reviewing allegations of anti-trust violations by IndiGo…
TikTok signs deal to sell US unit to Oracle-led investor group| Business News
TikTok’s Chinese owner ByteDance Ltd. has signed binding agreements with three major investors to sell just over 80% of US assets to American and global…
Bharti Airtel appoints Shashwat Sharma as new CEO in top-level management changes| Business News
Bharti Airtel Ltd. is set to have a chief executive officer in the new year, in line with a succession plan announced more than a…
Maruti Suzuki WagonR joins Alto, Swift in a rare car club of India| Business News
Maruti Suzuki WagonR has become only the third car to cross the production milestone of 35 lakh units, joining the likes of the Alto and…
JSW MG Motor announces price hike of up to 2% even as car sales lag| Business News
JSW MG Motor India Pvt. Ltd. has announced a price hike of up to 2%, at a time when its car sales have lagged despite…
The story of RRP Semiconductor is cautionary tale for investors chasing AI stocks| Business News
The world’s best-performing stock is turning into a cautionary tale for investors chasing outsized returns from the AI boom. A mix of online hype, a…