New Delhi (IANS) The mutual fund industry has seen significant growth in assets under management (AUM) — from Rs 5.89 lakh crore in May 2008 to Rs 53.4 lakh crore in March 2024, a report showed on Saturday. The steady … read more
Mumbai (IANS) SpiceJet’s stock on Thursday took a hit by falling over 8 per cent during an intra-day low as the brokerage firm Nuvama slashed its target price by 14 per cent while maintaining a ‘hold’ rating. At the closing … read more
Mumbai (IANS) As the debate over work hours in India continues after Larsen & Toubro (L&T) Chairman S.N. Subrahmanyan suggested a 90-hour work week, Capgemini CEO Ashwin Yardi on Tuesday put forward a more balanced approach, supporting a 47.5-hour work … read more
New Delhi (IANS) Swiggy, one of India’s leading food-tech companies, is facing a sharp decline in its market valuation which has plunged nearly 50 per cent from its peak. The online food aggregator’s valuation, which soared past $16 billion or … read more
New Delhi (IANS) The Suzuki Motor Corporation of Japan, the parent company of Maruti Suzuki India, on Thursday announced a new mid-term plan with a “rethink” in its strategy as “the business environment has changed due to declining market share … read more
New Delhi (IANS) Direct-to-consumer (D2C) brand The Ayurveda Co suffered a sharp rise in losses in FY24, as its net loss surged over three-fold to Rs 68 crore, up from Rs 21 crore in FY23. According to the company’s financials, … read more
New Delhi (IANS) Gold is 11 per cent up so far in 2025, outperforming equities and bitcoins, according to industry reports, which project that the bullion is heading towards $3,000 per ounce and is likely to cross $3,080 in Q1 … read more
Mumbai (IANS) India’s foreign exchange reserves increased by $7.6 billion to stood at $638 billion as of February 7, according to latest data by the Reserve Bank of India (RBI). This marks the third consecutive week of an increase in … read more
Mumbai (IANS) Indian stock markets on Friday continued their downward trend for the eighth straight session, with both the Sensex and the Nifty ended in the negative territory amid global trade uncertainties. At the closing bell, the Sensex, which had … read more
New Delhi (IANS) Bhavish Aggarwal-run Ola Consumer, which runs the cab-hailing service, on Thursday reported 21 per cent decline in its consolidated revenue from operations and other income for the last fiscal (FY24). The company’s consolidated revenue from operations and … read more