The changes come as Alibaba faces headwinds on multiple fronts, including increased competition, a slowing economy and a regulatory crackdown Alibaba Group Holding Ltd said on Monday it was reorganising its international and domestic e-commerce businesses and would appoint a n...

As per analysts, institutions seem to be on a buying spree for IT, Banks, Capital Goods, and FMCG stocks Market : Foreign funds' continuous flight from Indian equities has led domestic institutions along with retail investors to go in for a buying spree across sectors. Accordi...

The Rs 660-crore initial share-sale received bids for 13,600,818 shares against 8,475,000 shares on offer The initial public offer of Anand Rathi Wealth Limited, part of Mumbai-based financial services group Anand Rathi, was fully subscribed on the first day of subscription on...

At present, the company has 586 stores in 134 cities spread across 29 states and union territories in India. Of these, 211 stores were opened in the last three years Footwear retailer Metro Brands Ltd, which is likely to come out with its initial share-sale by the end of the m...

His resignation is to be effective from December 31, 2021 Dhanlaxmi Bank on Thursday said its Part-Time Chairman G Subramonia Iyer has resigned, on personal grounds. "G Subramonia Iyer, part-time chairman and independent director of the bank, has submitted his resignation from...

Early indications suggest Omicron may be markedly more contagious than previous variants, though researchers are still seeking to understand its impact Market news: The emergence of Omicron is fueling uncertainty in markets, as investors await information about the heavily mut...

Total outstanding borrowings from banks/financial institutions are Rs 1,194 crore Reliance Power (RPower) has defaulted on payment of interest worth Rs 1.17 crore to DBS Bank India and Rs 44 lakh to IDBI Bank. It failed to pay up interest on October 30, 2021. The firm, part of...

Popular is set to be the first Indian auto dealership in a highly fragmented market to list Market news: Popular Vehicles & Services, India's biggest auto dealer, is planning a $100 million listing next year, a source with direct knowledge of the matter said. Papers filed...

E-commerce giant Amazon also is among the fastest as it went public in just three years. HDFC Bank is the fastest among 100 global companies to have gone public. The gap between its incorporation and listing was less than a year, shows a study done by Tide, a UK-based financia...

Brent crude futures for February were up $2.08, or 3%, at $71.31 a barrel at 1445 GMT. Oil prices rallied on Wednesday after recent sharp drops as major producers started to discuss future output against the backdrop of a new coronavirus variant triggering fresh travel restric...

The price of 10 gram of gold remained unchanged on Thursday while the rate of 1 kg of silver decreased by Rs 200 Market news: The price of 10 gram of gold remained unchanged on Thursday: 24-carat is trading at Rs 48,120 and 22-carat at Rs 47,120. The price of 1 kg of silver de...

The Coronavirus outbreak (officially known as Covid-19), which started in China, has so far killed 5,225,521 people across the globe and infected 262,457,910 (as on November 30, 2021). The virus has spread to 224 countries. In India, 34,587,822 confirmed cases and 468,980 deat...

The World Health Organization says the global risk from the omicron variant of the coronavirus is very high based on early evidence, and it could lead to surges with severe consequences. The World Health Organization says the global risk from the omicron variant of the coronav...

Go Fashion India will make its debut on the brouses today, while Star Health IPO opens for subscription in the primary segment The markets are likely to start trade on a tepid note awaiting fresh cues from the global markets. As of 08:30 AM, the December Nifty futures on SGX w...

Post listing the stock hit a high of Rs 1,341 and a low of Rs 1,215 on the BSE Shares of Go Fashion (India) have made a stellar market debut, with stock listed at Rs 1,316, a 91 per cent premium over its issue price of Rs 690 per share on the BSE on Tuesday. On the National St...

Agrawal, who was appointed Monday to succeed Twitter founder and CEO Jack Dorsey, is 37, the same age as Meta Platform Inc. CEO Mark Zuckerberg Twitter new Chief Executive Officer Parag Agrawal is now the youngest CEO in the S&P 500, but apparently just barely. Agrawal, wh...