Business
Beyond business: How Ratan Tata batted for Indian startup ecosystem
Ratan Tata (Credit: @RNTata2000) 4 min read Last Updated : Oct 10 2024 | 1:13 AM IST Tata Sons’ Chairman Emeritus Ratan Tata was known as…
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Chinese stocks suffer biggest drop since 2020 on stimulus skepticism
Stock investors have looked for greater fiscal spending to arrest a slowdown. | File Photo: Bloomberg 5 min read Last Updated : Oct 10…
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UBS Group buys IDFC shares worth Rs 88 cr through open market transaction
The shares were acquired at an average price of Rs 107.92 apiece. | Photo: Shutterstock 2 min read Last Updated : Oct 09 2024 | 10:38 PM…
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Roche will boost in-China production for local market: CEO
ROCHE Holding will add manufacturing capacity in China to serve the country’s growing market, making it the latest pharmaceuticals giant…
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Garuda Construction IPO gets subscribed 4.1 times on 2nd day of offer
The company has fixed a price band of Rs 92-95 per share. | Photo: Shutterstock 2 min read Last Updated : Oct 09 2024 | 7:48 PM IST The…
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13-Year-Old Shooter Testifies Against Parents in Heartbreaking School Shooting Case, in a Tragic Courtroom Drama
A tragic scene unfolded in a Belgrade courtroom on Tuesday. A 13-year-old boy, linked to a horrific shooting that took the lives of nine…
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US: Stocks steady ahead of Fed minutes
Wall Street’s main indexes were little changed at the open on Wednesday (Oct 9) as investors awaited the minutes of the Federal Reserve’s…
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Demat account tally tops 175 mn; rises by 4.4 mn in September 2024
2 min read Last Updated : Oct 09 2024 | 6:43 PM IST The number of dematerialised (demat) accounts — used for holding shares and other…
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Mizuho buys ‘safe’ assets on risk that US soft landing fails
MIZUHO Financial Group is preparing for short-term market disruptions if investors’ predictions of a soft landing in the US prove wrong,…
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Kiwi falls after hefty rate cut, US dollar edges up
THE New Zealand dollar slumped on Wednesday (Oct 9) after the country’s central bank cut interest rates by 50 basis points, while the US…
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60% of unicorn founders in India are first time founders, says study
2 min read Last Updated : Oct 09 2024 | 5:50 PM IST The majority of unicorn startup founders in India are first-time founders, according…
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Tesla’s China-made EV sales grow 19.2% y/y in September
SALES of US automaker Tesla’s China-made electric vehicles rose 19.2 per cent in September from a year earlier, data from the China…
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Google Deepmind CEO Hassabis among 3 winners of Nobel Prize in Chemistry
Nobel Prize Chemistry 2024: David Baker, Demis Hassabis and John Jumper. (Credit: Nobel Prize Outreach) 2 min read Last Updated : Oct 09…
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Nvidia CEO says ‘reasoning’ AI will depend on cheaper computing
NVIDIA chief executive officer Jensen Huang said that the future of artificial intelligence will be services that can “reason,” but such a…
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Cash still king for Swiss businesses, central bank survey shows
CASH is still the most accepted payment method for Swiss businesses, the Swiss National Bank (SNB) said on Wednesday (Oct 9), despite…
Business
MMC Port said to be weighing mega Malaysia IPO valued at up to RM7 billion
It runs seven ports along the Strait of Malacca, one of the world’s busiest shipping lanes MMC Port Holdings has been considering an…
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DBS head of institutional banking group in Hong Kong to depart
DBS Group Holdings’ head of institutional banking group Hong Kong, Wallace Lam, will be leaving South-east Asia’s biggest lender,…
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China leads Asian stocks lower on weak stimulus
CHINESE equities were standout underperformers in Asia on Wednesday (Oct 9) as traders weighed weak economic data and Beijing’s reluctance…
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Analysts View: How will RBI repo rate hold, stance change affect markets?
5 min read Last Updated : Oct 09 2024 | 1:35 PM IST RBI meeting today: The Reserve Bank of India's (RBI) today, October 9, in its policy…
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RBI increases UPI limit for smooth payment transactions: Check revised caps
2 min read Last Updated : Oct 09 2024 | 12:40 PM IST The Reserve Bank of India on Wednesday announced revised limits for popular digital…
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TSMC’s third-quarter revenue easily beats market forecast
TAIWAN Semiconductor Manufacturing Company (TSMC), the world’s largest contract chipmaker, reported on Wednesday (Oct 9) third-quarter…
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OK Lim has accepted judgement debt of over US$3.5 billion, but creditors will likely claw back much less
The 82-year-old and his children, Evan Lim and Lim Huey Ching, are planning to file for bankruptcy EMBATTLED Hin Leong Trading founder Lim…
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Kalpataru Projects share: Kalpataru Projs to sell Vindhyachal Expressway for Rs 775 cr; shares up 3%
2 min read Last Updated : Oct 09 2024 | 11:41 AM IST Kalpataru Projects International share: Kalpataru Projects International Ltd share…
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Thailand approves US$400 million investment by Continental to expand tyre facility
THAILAND’S Board of Investment (BOI) said on Wednesday (Oct 9) that it had approved a US$400 million investment by tyre maker Continental…