[ad_1] An undated photographic illustration of Japanese yen and the U.S. dollar bank notes. Glowimages | Glowimages | Getty Images The Japanese yen weakened to levels not seen in 34 years against the U.S. dollar on Monday, only to rebound and likely clock its best week in more than a year. Here is what happened. …
[ad_1] European markets were lower on Tuesday ahead of a busy day of earnings and major data releases in the region. The regional Stoxx 600 index traded 0.18% lower at 9:13 a.m. London time. Most sectors declined slightly, with autos by falling 1.49% and insurance stocks dipping by 0.88%. Oil and gas and food and beverage stocks …
European markets lower ahead of euro zone inflation, GDP data Read More »
[ad_1] Stock market today: BSE Sensex and Nifty50, the Indian equity benchmark indices, resumed their rally on Tuesday after a strong show on Monday. BSE Sensex moves up 100 points and Nifty50 was above 22,650. At 9:30 AM, BSE Sensex was trading at 74,746.86, up 76 points or 0.10%. Nifty50 was at 22,681.50, up 38 …
[ad_1] Laborers work at a coastal road project construction site in Mumbai on January 12, 2022. Punit Paranjpe | Afp | Getty Images Optimism in India’s growth shows little signs of slowing, but policy continuity will be crucial if it wants to see strong growth in the next five years, Rob Subbaraman, Nomura’s chief economist …
[ad_1] MUMBAI: In a recent ruling, the Mumbai Bench of Customs, Excise, and Service Tax Appellate Tribunal (CESTAT) has held that BookMyShow, an online entertainment ticketing platform, is not liable to pay service tax on transactions with card companies. The tribunal’s decision came after careful consideration of the intricate financial arrangements between BookMyShow and various …
[ad_1] NEW DELHI: Former Tech Mahindra India business head Jagdish Mitra has set up an AI startup with a proposed initial investment of Rs 65-80 crore. The startup is likely to commence operations in the next three months. “We will start going to customers in 8-12 months. Initially, we will invest USD 8-10 million,” Mitra …
Former Tech Mahindra India business head quits to set up AI startup – Times of India Read More »
[ad_1] (This is CNBC Pro’s live coverage of Friday’s analyst calls and Wall Street chatter. Please refresh every 20-30 minutes to view the latest posts.) Microsoft and a major chemical stock were among Friday’s biggest analyst calls. Many analysts reacted to the tech giant’s latest quarterly results, which sent shares soaring in the premarket. Elsewhere, …
[ad_1] MUMBAI: Market benchmarks Sensex and Nifty wilted under selling pressure on Friday after a five-day rally as investors pared exposure to banking, financial and consumer durable stocks amid mixed trends in global markets.Rising global crude prices, a depreciating rupee and persistent foreign fund outflows further weighed on sentiment, traders said.Profit-taking also came into play …
Markets snap five-day rally; Sensex tumbles over 600 pts – Times of India Read More »
[ad_1] Kotak Mahindra Bank share price today: The Reserve Bank of India‘s (RBI) decision to temporarily halt Kotak Mahindra Bank’s onboarding of new customers through online and mobile banking channels, as well as the issuance of new credit cards, has led to a significant drop in the bank’s share price. The stock fell by up …
[ad_1] Bipul Sinha, co-founder and CEO of data security software company Rubrik. Sinha previously backed cloud management company Nutanix. Greylock Partners Rubrik, a data-management software company backed by Microsoft, priced its IPO at $32 a share. That’s above its expected range. The 10-year-old company sold 23.5 million shares ahead of its New York Stock Exchange …
Rubrik prices IPO at $32 per share, above the expected range Read More »
[ad_1] The Reserve Bank of India (RBI) has instructed Kotak Mahindra Bank to immediately stop onboarding new customers through its online and mobile banking channels and cease issuing new credit cards. This regulatory action was taken due to concerns about the bank’s compliance and risk management practices.However, RBI has directed Kotak Mahindra Bank to continue …
[ad_1] Fabrice Coffrini | Afp | Getty Images UBS Group Chairman Colm Kelleher on Wednesday said that the Swiss bank is “not too big to fail,” as he criticized Swiss government proposals to strengthen its capital requirements. Kelleher was delivering a speech during the UBS Annual General Meeting — the first such gathering held since …
UBS chair says Swiss banking giant is not ‘too big to fail’ Read More »
