Business News | Share Market News | BSE/NSE News | Finance and Economy News - NDTV

Tata Sons Eyes Mega Monetisation Of Assets Via Stakes Sale, IPOs

NDTV News Desk | Tuesday March 26, 2024, New Delhi

Tata Sons may be looking at a mega monetisation drive for the first time to raise funds for new businesses.

Indian Refiners Buy More US Crude Amid Tighter Russia Sanctions

Reuters | Tuesday March 26, 2024, Houston

More than 250,000 barrels per day of US crude is set to arrive in India next month, the highest in more than a year, ship tracking data showed, amid tighter enforcement of sanctions on Russian crude.

Agency Banks To Remain Open On March 30, 31 Despite Weekend: Here's Why

Edited by NDTV News Desk | Sunday March 24, 2024

The Reserve Bank Of India has said that all designated branches of agency banks will remain open on Saturday and Sunday, as a part of "special measures for the current financial year."

Inside The Citigroup Unit That Was Plagued By Harassment, Drugs For Years

Paige Smith and Max Abelson, Bloomberg | Sunday March 24, 2024

Bankers from Citigroup Inc. were partying with clients one night in May 2018 at a downtown Manhattan hot spot called Catch.

Paytm Denies Reports Of 50% Layoffs As Senior Executive Steps Down

Asian News International | Sunday March 24, 2024, New Delhi

In an exchange filing on Saturday, One97 Communications Ltd (OCL), which owns and operates the Paytm brand, has formally announced that Praveen Sharma, Senior Vice President - Business, has resigned from his position on March 23.

US Holds Interest Rates At 23-Year High, To Make Cuts Later This Year

Agence France-Presse | Thursday March 21, 2024

The US Federal Reserve voted Wednesday to keep interest rates at a 23-year high for a fifth consecutive meeting, while signaling it still expects to make three cuts this year.

Social Media Firm Reddit Hits $6.4 Billion Valuation Ahead Of Wall Street Debut

Agence France-Presse | Thursday March 21, 2024, New York

The Reddit social network was set to make its trading debut Thursday after pricing robustly in an initial public offering that suggested greater investor enthusiasm for new stock issuers.

Gold Prices Surge To Record High As US Fed Holds Interest Rates

Reuters | Thursday March 21, 2024

Gold prices climbed to a record high on Thursday, as the U.S. dollar and bond yields ticked lower after the Federal Reserve maintained its projection of three rate cuts for this year.

Adani Green Energy Says US Corruption Probe On Unrelated 3rd Party

Press Trust of India | Tuesday March 19, 2024, New Delhi

Billionaire Gautam Adani's group companies said they have not received any notice from the US Department of Justice over a potential bribery investigation, but its renewable energy firm Adani Green Energy stated it is aware of an investigation.

Reddit's "Young Troll" CEO Preps For IPO, Targets $6.5 Billion Valuation

Priya Anand, Bloomberg | Tuesday March 19, 2024

Reddit Inc. Chief Executive Officer Steve Huffman has run the site for the better part of a decade. His tenure has been marked by scandal, triumph and, most recently, a $193 million payday.

"I'm Hungry": Mumbai Start-Up Founder Strikes Gold With Nvidia Backing

Saritha Rai, Bloomberg | Tuesday March 19, 2024

Yotta's products are so coveted because they're essential for the development of AI, the technology that's set off a frenzy in industries around the world.

"False": Adani Group On Media Report Of US Probe Over Bribery Allegations

NDTV News Desk | Tuesday March 19, 2024, New Delhi

The Adani Group, in an exchange filing, has denied media reports that US prosecutors have widened their probe on alleged bribery in India.

Exporters Need To Follow New UK Rules To Avail Duty Benefits

Press Trust of India | Monday March 18, 2024, New Delhi

Exporters seeking to avail duty concessions on shipments to the UK will have to adhere to the new British rules under the Developing Countries Trading Scheme (DCTS).

Narayana Murthy's Gift For 4-Month-Old Grandchild - Rs 240 Crore Shares

Edited by Abhimanyu Kulkarni | Monday March 18, 2024, New Delhi

Infosys co-founder NR Narayana Murthy has made headlines once again, and not for his 70 hours a week mantra this time. Mr Murthy has gifted shares worth over Rs 240 crore to his four-month-old grandson, Ekagrah Rohan Murty, who joins the list of mill

Adani Group Plans To Invest Rs 1.2 Lakh Crore In Portfolio Companies In FY25

Press Trust of India | Sunday March 17, 2024

Adani group plans to invest more than Rs 1.2 lakh crore across its portfolio companies that range from ports to energy, airports, commodities, cement and media in fiscal year starting April 1