Business
Zepto sells over 100,000 dandiya sticks during the Navratri festival
Palicha also shared how Zepto's dark stores indulged in Navratri festivities across the country. | Photo: Shutterstock 1 min read Last…
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Business
Business
Bain makes binding offer for Fuji Soft, outbidding KKR by 7%
BAIN Capital made a binding takeover proposal for Fuji Soft as it seeks to outmaneuver private equity rival KKR, which has offered a lower…
Business
Gold up Rs 10 at Rs 77,410; silver rises Rs 100, trading at 96,100/kg
In Mumbai, the price of ten grams of 22-carat gold is at par with that in Kolkata and Hyderabad, at Rs 70,960 2 min read Last Updated :…
Business
Snubbed by Tesla, Mexican govt pledges to create affordable electric car
Mexican president Sheinbaum said her government will try to bring together Mexican companies and researchers to produce a compact, cheap…
Business
Judge approves Fisker bankruptcy plan favored by car owners
Fisker Inc. will wind down operations under a bankruptcy plan approved Friday that should allow car owners to drive their cars for years —…
Business
Boeing to cut workforce by 10% as strike eats into reserves
BOEING said it plans to cut its workforce by about 10 per cent, responding to the crisis facing the planemaker as it faces a drawn-out…
Business
Gold extends gains over 1% as US PPI data solidifies rate cut hopes
GOLD rose over 1 per cent on Friday (Oct 11) after a US inflation data cemented prospects of a rate cut next month, restraining the dollar…
Business
Europe: Stocks gain with rates outlook, earnings in focus
EUROPEAN stocks gained on Friday (Oct 11) as investors assessed the impact of hotter-than-expected US inflation data and the third-quarter…
Business
US: Dow, S&P 500 rally to fresh records on bank earnings
THE Dow and S&P 500 rallied to fresh records Friday (Oct 12) behind solid bank earnings, adding to weekly gains as markets shrugged off…
Business
Big US banks say consumers are still strong, despite economy fears
3 min read Last Updated : Oct 11 2024 | 11:29 PM IST U.S. consumers remain resilient with solid spending in the third quarter, two of the…
Business
BlackRock, GIC, Capital Group to invest in Hyundai Motor India IPO
2 min read Last Updated : Oct 11 2024 | 11:28 PM IST By Julia Fioretti, Baiju Kalesh and Manuel Baigorri BlackRock Inc., Singaporean…
Business
The middle-income trap is a clear potential for India: Kenneth Kletzer
India’s ambition to become a developed nation by 2047 may not be realistic but the country would have a higher per capita GDP by then,…
Business
Global sugar market will flip into deficit this season: Sucden
THE global sugar market is will flip into a deficit of nearly two million tonnes this season as the upcoming crop in top grower Brazil has…
Business
Demand drivers likely to keep Cummins India on robust growth trajectory
4 min read Last Updated : Oct 11 2024 | 9:24 PM IST The domestic capex cycle is expected to have accelerated in Q2FY25, and demand in the…
Business
Facing skepticism, Elon Musk unveils prototype for driverless robotaxi
Tesla Chief Executive Elon Musk presented a lofty vision for the future Thursday night, unveiling prototypes of a self-driving taxi and…
Business
Amicus Capital invests Rs 125 cr in Equirus; Federal Bank partially exits
2 min read Last Updated : Oct 11 2024 | 8:25 PM IST Private equity firm Amicus Capital on Friday announced that it has invested Rs 125…
![Elon Musk Reveals Tesla's Futuristic Driverless Robovan and AI Innovations at Dazzling "We, Robot" Event [Watch Video]](https://data.ibtimes.sg/en/full/77354/tesla-robovan.jpg)
Business
Elon Musk Reveals Tesla's Futuristic Driverless Robovan and AI Innovations at Dazzling "We, Robot" Event [Watch Video]
Tesla's CEO Elon Musk has made waves once again by introducing the highly anticipated "Robovan" at the "We, Robot" event held at the…
Business
BlackRock's AUM hit record $11.5 trillion on market rally, ETF boost
3 min read Last Updated : Oct 11 2024 | 5:37 PM IST BlackRock's assets under management hit a record high for the third straight quarter…
Business
CapitaLand Ascendas Reit to divest industrial asset in Singapore at S$45.3 million premium
CAPITALAND Ascendas Reit (Clar) is divesting an industrial property at 21 Jalan Buroh in Singapore for S$112.8 million. This is nearly…
Business
Wells Fargo’s profit falls on lower interest income
WELLS Fargo’s profit fell in the third quarter as the bank’s interest income was squeezed by subdued loan demand and higher payments to…
Business
Sudarshan Chemical to buy global pigment biz of Heubach for Rs 1,180 cr
The acquisition is for a cash consideration of Euro 127.5 million (about Rs 1,180 crore), it added. ( Source: File Photo) 2 min read Last…
Business
JPMorgan profit drops as it sets aside bigger provisions, but interest income climbs
JPMORGAN Chase’s third-quarter profit dropped as it set aside more money to cover potential loan defaults, while rising interest payments…
Business
BlackRock hits US$11.5 trillion of assets as private markets grow
BLACKROCK pulled in US$160 billion of client cash to its long-term investment funds last quarter, pushing the world’s largest money…
Business
UOB launches career transition initiative, to reskill up to 500 employees
FROM the fourth quarter of 2024, up to 500 UOB employees in operations and administrative roles will be selected over the next two years…