Sunday, June 5, 2022

Tata Starbucks' Revenue Rises 76%; Net Loss Reduced Significantly

Coffee chain operator Tata Starbucks Ltd has reported a 76 per cent growth in revenue to Rs 636 crore for 2021-22 and "significantly" reduced its net loss, driven by normalisation of operations...

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Reliance Leads, As 4 Of Top-10 Firms Add Rs 2.31 Lakh Crore To Valuation

Four of the 10 most valued domestic firms added a whopping Rs 2,31,320.37 crore in market valuation last week, with market heavyweight Reliance Industries contributing the most to the overall gains.

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ONGC's nominee director appointment on HPCL board stuck in paperwork

Oil and Natural Gas Corporation: It spent Rs 36,915 crore to acquire a majority equity stake in the company. But to get its sole nominee director appointed on the board of HPCL, ONGC has to toil...

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Reliance Leads, As 4 Of Top-10 Firms Add Rs 2.31 Lakh Crore To Valuation

Four of the 10 most valued domestic firms added a whopping Rs 2,31,320.37 crore in market valuation last week, with market heavyweight Reliance Industries contributing the most to the overall gains.

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Saturday, June 4, 2022

Over $1 Billion Loss In Crypto Scams Since 2021: Federal Trade Commission

More than 46,000 people reported losing over $1 billion in cryptocurrency scams since the start of 2021, the Federal Trade Commission (FTC) said in a report on Friday.

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From Tesla To Peloton, List Of Companies Dialing Back On Hiring: Report

A list of some other companies that have announced layoffs or frozen hiring to rein in costs and their comments after Elon Musk spooked investors.

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Friday, June 3, 2022

Adani Group To Buy Essar Power's Transmission Line For Rs 1,913 Crore

Adani Transmission Ltd (ATL), India's largest private-sector transmission and distribution company, said on Friday it has signed definitive agreements with Essar Power to buy its Mahan-Sipat...

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