Category : Business

Business

Adani flagship stock rises by 15% post announcement of loan repayment

Bishal
Following the founders of the company paying off some debt and speculators covering short positions, Adani Enterprises Ltd. soared, driving increases in the group’s stocks....
Business

Paytm Q3 results show rise of revenue by 42%, losses narrow down to ₹3.9 billion

Bishal
The top digital payment company in India, Paytm, reported a smaller third-quarter loss as a result of increased sales. According to a statement released by...
Business

Gautam Adani loses $34bn in 3 days, moves down to 11th richest man

Bishal
In the event that shares in his business continue to decline, Gautam Adani may soon lose his position as Asia’s richest person and fall outside...
Business

Reliance Jio reports 28% profit, growth of ₹4,638 crore in third quarter

Bishal
Reliance Jio, a major player in the telecom industry, reported a 28% increase in net profit for the three months ended in December 2022 compared...
Business

Air India: DCGA imposes  ₹30 lakh fine for urination incident

Bishal
As a result of Air India pilot-in-failure command’s to perform his duties in accordance with the law, the Directorate General of Civil Aviation (DGCA) fined...
Business

Elon Musk lost $182 billion since 2021, worst loss till now

Bishal
Elon Musk, the CEO of Tesla and SpaceX and the second-richest person in the world, is now officially the owner of the record for the...
Business

Goldman Sachs likely to lay 3,200 employees post cost review

Bishal
According to two people familiar with the decision, Goldman Sachs Group will begin laying off thousands of employees starting on Wednesday as it braces for...
Business

Jack Ma likely to quit China’s Ant Group

Bishal
The Chinese fintech behemoth Ant Group announced on Saturday that its founder Jack Ma will no longer be in charge of the company as it...