Amid positive global cues, the Indian equity benchmarks extended their gaining streak for the fourth straight week and posted marginal gains during the passing week. However, the gains remained capped as traders remained on the sidelines ahead of the outcomes of the Assembly election to be announced in the firstRead More

Mumbai: The rupee depreciated 2 paise and fell to its all-time low of 83.36 against the US dollar in the morning session on Friday, tracking a negative trend in domestic equities. At the interbank foreign exchange, the rupee opened at 83.33 against the dollar. It touched a low of 83.36Read More

Dalal Street is gearing up for an exceptionally busy week as six new companies plan to raise a total of ₹7,300 crore through their initial public offerings (IPOs). Leading the pack are major public issues from companies such as IREDA and Tata Tech. IREDA IPO IREDA is a PSU non-bankingRead More

Apple co-founder Steve Wozniak was hospitalized in Mexico City on Wednesday due to a possible stroke, Mexican media outlets reported. The 73-year-old scientist and tech entrepreneur was scheduled to participate in a World Business Forum event in the Mexican capital’s Santa Fe neighborhood. Event organizers did not immediately respond toRead More

Samsung’s Bixby, the smart assistant, can now help you answer calls without speaking. This new feature, called Bixby Text Call, was introduced earlier this year and is now available in India. It works for incoming voice calls and turns them into text chats. Unfortunately, it doesn’t work for making outgoingRead More

New Delhi: Indian IT company Wipro has mandated that all employees must be present at their assigned office location for at least three days each week starting from November 15, 2023. This decision follows similar moves by Tata Consultancy Service and Infosys, which made it compulsory for their employees toRead More

New Delhi: The Enforcement Directorate (ED) has made some shocking discoveries in the probe into the Jet Airways-related alleged money laundering case. ED says that the salaries of some senior employees of Jet Airways (India) Ltd (JIL) were paid by a firm dealing in botanical products, mosquito coils, chemicals, andRead More

A three-member arbitral tribunal unanimously ruled in favour of Tata Motors Ltd with respect to claims for Singur manufacturing unit. On Monday, the tribunal asked West Bengal Industrial Development to pay Tata Motors Rs 766 crore plus interest at 11%. Tata Motors also said that it is entitled to recoverRead More

Retiring? Wary of the long arm of the taxman snatching much of your separation benefits, be it gratuity, pension, leave salary, provident fund or that golden handshake on voluntary retirement? – After all, most of these benefits are taxable under various provisions of the Income Tax Act, 1961 (the Act),Read More

Outnumbered. Stellantis’ plan to invest $1.6 billion in Chinese electric-car maker Zhejiang Leapmotor Technology could help the $57 billion maker of Jeep and Citroen cars to speed up CEO Carlos Tavares’ green ambitions. But the EV shortcut has two drawbacks. First, it does not come cheap. At HK$43.8 per share,Read More