New Delhi, Jan 27 (SocialNews.XYZ) Flipkart co-founder Binny Bansal has officially exited the e-commerce platform’s board after more than 16 years. Sachin Bansal, the other co-founder, left the board in 2018. After leaving Flipkart, Sachin…
New Delhi, Jan 26 (SocialNews.XYZ) In conjunction with the state visit of the French President Emmanuel Macron to India, Akasa Air and France origin company, CFM International on Friday announced an agreement to purchase CFM…
London, Jan 26 (SocialNews.XYZ) Shares in Tesla plunged as much as 11 per cent after the market opened, wiping $73 billion off the company’s market value hours after it warned of slowing growth in electric…
Washington, Jan 25 (SocialNews.XYZ) The US economy remained shockingly robust in the fourth quarter to close out a remarkably strong 2023, a media report said. Gross domestic product, a measure of all the services and…
New Delhi, Jan 25 (SocialNews.XYZ) Many of the large size mutual fund schemes were running on big cash through most part of CY2023, resulting in big underperformance. “We are finally seeing panic and forced deployment…
New Delhi, Jan 25 (SocialNews.XYZ) Ammunition and missile manufacturer Bharat Dynamics has reported a 61 per cent in consolidated net profit at Rs 135 crore for the October-December quarter of 2023-24, compared to the corresponding…
Mumbai, Jan 25 (SocialNews.XYZ) Bajaj Auto has toppled Mahindra & Mahindra (M&M) as the third most valued auto company in the country. Bajaj Auto’s market cap on Thursday crossed the Rs 2 lakh crore-mark to…
Mumbai, Jan 25 (SocialNews.XYZ) Billionaire Sajjan Jindal-led JSW Steel on Thursday reported a close to five-fold rise in its net profit for the October-December quarter of the current financial year, driven by robust domestic demand….
New Delhi, Jan 25 (SocialNews.XYZ) A tough battle unfolded in the market as the Nifty remained highly volatile throughout the day. The sentiment may continue to lean towards the bears as the Nifty struggled to…
San Francisco, Jan 25 (SocialNews.XYZ) Apple is reportedly planning to impose fees and restrictions on developers who offer the ability to sideload their apps in the European Union (EU). App sideloading will allow users to…
New Delhi, Jan 25 (SocialNews.XYZ) Global investment firm Fidelity has marked down the valuation of fintech unicorn Pine Labs and e-commerce company Meesho. As per the regulatory filings with the US’ Securities and Exchange Commission…
New Delhi, Jan 25 (SocialNews.XYZ) BSE Sensex is down 700 points in morning trade on Thursday led by a slump in Tech Mahindra. BSE Sensex was trading at 70,331.85 points, down by 728.46 points or…
Mumbai, Jan 24 (SocialNews.XYZ) Tata Steel on Wednesday bounced back with a consolidated net profit of Rs 522.14 crore in the Oct-Dec quarter of the current financial year from a massive Rs 2,501.95 crore loss…
Mumbai, Jan 24 (SocialNews.XYZ) From early morning low of 21,137, Nifty registered a sharp recovery of more than 340 points and finally ended the day with gains of 215 points to close at 21,465. Though…
Mumbai, Jan 24 (SocialNews.XYZ) FIIs continue to be sellers in the market this week. “We expect the domestic and FPI volumes to remain tepid during truncated week, as most long only investors to stay defensive…
Mumbai, Jan 24 (SocialNews.XYZ) The market rebounded from Tuesday’s sell-off taking cues from global peers, Vinod Nair, Head of Research at Geojit Financial Services, said on Wednesday. The BSE Sensex ended 689.76 points higher at…
New Delhi, Jan 24 (SocialNews.XYZ) India’s business activity surged to a four-month high in January with both manufacturing and services recording a robust growth, according to a private sector survey released on Wednesday. HSBC’s flash…
New Delhi, Jan 24 (SocialNews.XYZ) The important takeaway from January 23 sharp market correction is not the 1.54 per cent cut in Nifty but the crash in Nifty mid-cap and Nifty small-cap indices by 3.15…
San Francisco, Jan 24 (SocialNews.XYZ) Microsoft is reportedly working on cheaper, smaller artificial intelligence (AI) models to tap more opportunities in the AI market. The Information reported the new generative AI team will focus on…
San Francisco, Jan 24 (SocialNews.XYZ) E-commerce platform eBay is sacking around 1,000 employees, or 9 per cent of its full-time workforce, and the company will also lay off an unspecified number of contractors “over the…