Morgan Stanley sees rates risk to stocks. Bank of America says not so much Wall Street strategists are divided on whether stocks can continue to rally amid higher interest rates.
Bajaj Auto September sales fall 1% YoY to 3.92 lakh units Bajaj Auto's total domestic sales fell to 2,53,193 units in September 2023 from 2,54,664 units in September 2022. Exports, too, declined 1% year-on-year (YoY) to 1,39,365 units.
China Evergrande seeks to resume trading amid probe China Evergrande Group seeks to resume stock trading in Hong Kong on Tuesday following a halt last week after its billionaire founder was put under police control on suspicion of committing undisclosed crimes.
Adani Group eyes boosting its solar manufacturing capacity by 2.5 times to 10 GW by 2027 Adani Group plans to build 10 GW of integrated solar manufacturing capacity by 2027 to capture energy transition business.
Air India eyes hub in south, to augment operations in Mumbai The Air India group plans to choose between Bengaluru and Hyderabad, both of which have expansion plans to accommodate a growing airline
AI-led regulatory action to have human decision-making at core The idea is to ensure that the tech-heavy compliance regime being rolled out has a human-centric approach while utilizing its automation capabilities for efficiency
Japanese companies looking for policy stability in India: Sumitomo chairman Takuro Horikoshi says he is confident the number of Japanese firms in India will increase after years of stagnation
Coal India production rises 12.6% YoY to 51.4 MT in September In the April-September period, Coal India’s output increased by 11.3% to 332.9 MT from 299 MT, YoY. The company’s production in H1FY24 was 42.67% of its full year production target of 780 MT.
Hindustan Zinc mined metal production falls 1% YoY to 2.52 lakh tonnes in Q2 Hindustan Zinc's production also dropped 2% sequentially mainly due to lower ore production at Rampura Agucha & Kayad mine partly offset by better overall metal grades, the Vedanta Group said in a regulatory filing.
IQuest Enterprises acquires Viatris’ Indian API operations IQuest Enterprises, a multi-sector investment company, Monday said it has entered into a definitive agreement to acquire the API (active pharmaceutical ingredient) operations of global pharmaceutical major Viatris in India
Viatris to sell India API, women’s healthcare biz for $1.2 bn The transactions, subject to regulatory approval, are expected to close in the first quarter of 2024.
Go First case: Third aircraft lessor moves NCLAT against resolution professional After an aircraft and an engine lessor secured favourable orders allowing them to inspect their assets, aircraft lessor Bluesky 19 Leasing Company has also moved to the NCLAT against the GO First Resolution Professional
SAIL aims to invest ₹5,500 cr in FY24 SAIL plans to invest ₹5,500 crore this fiscal year to expand capacity, part of its ₹1 trillion de-bottlenecking efforts.
ONGC may invest $20 bn to set up 2 petchem plants ONGC chairman and CEO Arun Kumar Singh said the new plants will likely be announced in the current financial year
MEIL in talks to assemble BYD’s EVs in India as JV plan sputters The new plans come as the duo’s $1 billion investment proposal submitted to DPIIT an equal JV is yet to secure approval
‘Prime Video invests heavily in original content in India’ Amazon Prime Video's Kelly Day provides insights into the OTT giant’s strategies, challenges and outlook in the dynamic world of streaming content
Microsoft CEO Satya Nadella to testify in US antitrust trial against Google today Microsoft CEO Satya Nadella is expected to testify in the US Justice Department's antitrust trial against Google, highlighting the search giant's hold on the market. The government claims Google paid billions to be...