Latest business news
File photo of Jasprit Bumrah© AFP Former Indian cricket team head coach Ravi Shastri believes that the team management needs to be extremely cautious with how they manage the workload of Jasprit Bumrah during the upcoming Test series against England. Bumrah had a prolonged absence due to injury following the Test series against…
Multibagger penny stock Servotech Renewable Power System witnessed strong buying action in trade on Monday, April 28, after it informed exchanges that it has incorporated Dream League of India as a subsidiary. “… We hereby inform the Stock Exchange that Dream League of India (T10) Private Limited has been incorporated as a Wholly-Owned Subsidiary of…
Hollie Adams | Bloomberg via Getty Images Shares of British food delivery firm Deliveroo jumped to their highest level in more than three years on Monday, after the company confirmed it had received a $3.6 billion takeover offer from U.S. firm DoorDash. Deliveroo first made the announcement after European markets closed on Friday. In a follow-up update…
Despite commanding 41.5% of the domestic market and accounting for 43% of the nation’s car exports, Maruti is struggling to maintain its market dominance. Strategic missteps and changing consumer preferences have put its position at risk. The company was late to capitalize on the electic vehicle (EV) megatrend and the growing premiumization wave driven by…
Macrotech Developers Ltd (Lodha) expects its pre-sales or bookings to surge to Rs21,000 crore this financial year from Rs17,600 crore in 2024-25, driven by its key Mumbai Metropolitan Region market as well as its new geographies of Bengaluru and Pune. Lodha’s management expects at least five projects to be operational in Bengaluru in FY26. While…
Mumbai: Equity benchmark indices Sensex and Nifty rebounded on Monday amid continued foreign fund inflows. The 30-share BSE benchmark gauge jumped over 1,000 points and crossed the 80,000-mark, while the NSE Nifty rallied more than 300 points to 24,340 as of 12:30 pm. Reliance Industries, Mahindra & Mahindra, ICICI Bank, Tata Steel, State Bank of India,…
(Bloomberg) — A majority of banks want the EU to postpone the adoption of new trading book rules, a survey shows, heaping pressure on the bloc to follow similar moves in the US and the UK. A “clear majority” of participants in a survey were in favor of “an additional one-year delay” to changing a…
