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UBS Credit Suisse merger: UBS to fire hundreds of Credit Suisse bankers — report UBS Credit Suisse merger layoffs: UBS begins layoffs of Credit Suisse investment banking officials following their merger; duplication of operations cited as reason

New ‘X’ logo of Twitter puts Elon Musk into trouble. Details here Elon Musk faces controversy over new Twitter logo, city of San Francisco launches investigation.

Q1 results today: IDFC First Bank, NTPC to MCX — 18 companies to declare Q1 results 2023 Q1 results today: 18 companies that would be announcing Q1 results 2023 on Saturday include Rossari Biotech, Sonata Software, IDFC First Bank, NTPC, MCX, D-Link India, etc

Natural Gas Pioneer Puts Investment Vehicle Into Bankruptcy to Protect Ranch, Other Assets Charif Souki put Strudel into chapter 11 to have an ‘orderly’ sale of its assets, including an 813-acre luxury ranch in Colorado

How Netflix’s Algorithms and Tech Feed Its Success Data on who watches what, and for how long, affects everything from recommendations to series renewals

Exxon and Chevron Signal They Are Still Shopping for Deals Though earnings dipped last quarter, oil giants together added $14 billion in profits to their cash piles

Tata Consultancy Services (TCS) announces change in senior management under new CEO K Krithivasan TCS executive vice-president K Ananth Krishnan will no more remain in SMP due to his retirement falling in October 2023

Siemens shareholders reject proposed sale of low voltage and geared motors businesses to parent company Siemens shareholders reject sale of low-voltage motors and geared motors businesses to Siemens Large Drives India.

Go First extends flights cancellation till 30 July due to 'operational reasons' Bankrupt airline Go First has cancelled all flights till July 30 due to 'operational reasons'

Tata 1mg Labs to offer free anemia screening to underprivileged women, children Tata 1mg Labs will join hands with multiple NGOs for the screening tests via a series of camps over the next two quarters across multiple cities

Power Grid board approves fund raise up to ₹5,700 crore through issuance of unsecured bonds Power Grid plans to raise ₹5,700 crore through bond issuance to finance capex and provide inter corporate loans

IDFC First Bank Q1 Results: Net profit jumps 61% YoY to ₹765 crore; asset quality improves IDFC First Bank Q1 Results: The net interest income of the bank grew 36% from ₹2,751 crore in Q1FY23 to ₹3,745 crore in Q1FY24

NTPC Q1 Results: Net profit rises 23% to ₹4,907 crore, revenue declines marginally; coal production up 52% YoY NTPC Q1 Results: The state-owned power utility's revenue from operations in the first quarter of current fiscal stood at ₹43,075.09 crore, marginally lower compared to ₹43,177.14 crore...

MCX Q1 Results: Net profit falls 52.5% to ₹19.66 crore, operating income up 34% YoY MCX Q1 Results: The operating income of the commodities exchange company rose 34 per cent to ₹146 crore, compared to ₹109 crore in the year-ago period.

Inox Wind Q1 Results: Consolidated revenue rises 65% YoY to ₹352.3 crore, turns EBITDA positive Inox Wind Q1 Results: The company turned EBITDA positive during the quarter and reported consolidated EBITDA of ₹34.8 crore during the period under review from EBITDA loss of ₹25.7 crore during Q1FY23

BPCL, Ather Energy team up to bolster India’s EV charging network Ather Energy will gain access to BPCL’s extensive network of over 21,000 fuel stations across India, paving the way for the installation of Ather’s fast-charging grid

Jalan-Kalrock vs Jet lenders: NCLAT defers hearing till 7 August Jet Airways stopped flying in April 2019 after running into financial difficulties. However, ownership transfer has been hanging fire amid continuing differences between the lenders and the consortium.

UCO Bank Q1 net profit jumps 80% to ₹223 crore The total income of state-owned UCO Bank in the first quarter of the current fiscal rose to ₹5,857 crore against ₹3,797 crore, UCO Bank said in a regulatory filing.

Nazara Tech Q1 results: PAT jumps 31% to ₹20.9 crore, revenue surge to ₹254.4 crores, stock closes in green Nazara Technologies Ltd reported a 31% increase in profit after tax to ₹20.9 crores in Q1FY23, with revenue of ₹254.4 crores in the last 3 months.

DCB Bank Q1 Results: Net profit rises 31% to ₹127 crore, NII up 24%; gross NPA declines YoY DCB Bank Q1 Results: The bank's net interest income (NII) - the difference between interest earned and interest expended, during the first quarter of current fiscal stood at ₹470.7 crore, reporting a...