Year: 2024
Wall Street shrugs off weak data as Big Tech stocks rally
A rebound in stocks was driven by significant gains in technology giants Tesla and Nvidia, helping the ‘Magnificent Seven’ megacaps rise over 1%. Despite a […]
GST ‘track, trace’ method may cover cigarettes, pan masala
The GST Council has approved a “track and trace” system to combat tax evasion on specific goods, starting with cigarettes and potentially pan masala. This […]
Sensex breaks 5-session losing run, rises 499 points
The sensex closed 499 points higher at 78,540 on Monday with gains in financials and IT stocks, influenced by softer US inflation data. Domestic funds […]
India to be key challenge as Honda, Nissan talk merger
Japanese companies Honda and Nissan plan to merge operations in response to tough business challenges, potentially affecting their global and Indian markets. The merger faces […]
Indian IT sector’s C-suite churn continues
The IT industry has undergone notable leadership changes over the past two years, with significant shifts at companies like Wipro, Infosys, and Tech Mahindra. Key […]
Razorpay initiates HQ shift to India from US, eyes IPO in 2026
Fintech unicorn Razorpay is relocating its headquarters from the US to India, aiming to go public by 2026. Despite potential tax implications, the reverse flipping […]
Will focus on quality public spending: Government
The finance ministry has informed Parliament that the government’s focus is on enhancing the quality of public spending, while also strengthening social security for the […]
10,000% stock rally ends with Sebi suspension over false disclosures
BSE has suspended trading in Bharat Global Developers after a Sebi investigation revealed a pump-and-dump scam, leading to a 10,000% rise in its stock price. […]