Benchmark equity indices Sensex and Nifty pared early losses to close higher for a second straight…
Category: Business
Intel calls off $5.4 billion Tower deal after failing to obtain regulatory approvals
Intel will terminate a $5.4 billion deal to acquire Israeli chip manufacturer Tower Semiconductor after China…
China demands US immediately lift tariffs on steel, aluminum products
China’s commerce ministry has called on the US to lift tariffs on Chinese steel and aluminum,…
GQG picks up 8.1% in Adani Power for $1.1 billion
US-based boutique investment firm GQG Partners has invested $1.1 billion in Adani Power for an 8.1…
‘Big Short’: Michael Burry bought bearish options against S&P, Nasdaq 100
Michael Burry’s Scion Asset Management bought bearish put options against the S&P 500 and Nasdaq 100…
Global experts saying India will not stop now, says PM Modi
On the 77th Independence Day, PM Modi stated that global experts are optimistic about India’s development…
As growth falters, China suspends release of youth unemployment data
China will suspend the release of youth unemployment rates, whilst the central bank cuts a key…
ITC beats Q1 profit estimates on steady tobacco demand
The cigarettes-to-hotels conglomerate’s profit rose 17.6% to 49.03 billion rupees ($590.28 million) in the three months…