Amid layoffs and a severe cost-cutting, Twitter has closed offices in Delhi and Mumbai and asked staff to work from home, according to sources. The micro-blogging platform's Bengaluru office that largely has engineering staff remains operational, the sources said. The Delhi and Mumbai offices shuttered a few weeks ago, with remaining staff now working from [...]
Billionaire philanthropist George Soros believes the turmoil at Gautam Adani's business empire may weaken Prime Minister Narendra Modi's hold on the government - a statement which was strongly countered by BJP as an attack on Indian democracy. Adani group has been under severe pressure since the US short-seller Hindenburg Research on January 24, accused it [...]
The Indian cement stocks remained in focus on Friday’s session as most of the stock gained and traded in the green. The markets remain bullish on the sector as the demand for cement seems to be rising. In addition to that, the government's focus on infrastructure development in rural and urban areas is likely to [...]
With a market capitalization of ₹ 320 crores, Integra Essentia Limited (IEL) is a penny stock. The company’s share price rallied to ₹ 7.21 apiece on the Bombay Stock Exchange (BSE) and got locked at a 5 percent upper circuit on Friday’s early trades. Simultaneously, they were locked at ₹ 73.5 apiece on the National [...]
Greaves Cotton Limited saw its shares gain approximately 2 percent in the early hours of Friday as it was trading at Rs 134.40 levels. The scrip remained in focus after its e-mobility arm Greaves Electric Mobility marked its foray into the high-speed electric two-wheeler segment. The company launched Ampere Primus, their first ever electric two-wheeler [...]
The shares of RPP Infra Projects, a microcap company rallied 13.83% on Friday’s early trades to reach an intraday high of ₹ 46.50 apiece on the National Stock Exchange (NSE). Its shares were trading at ₹ 44.60, up 9.18% apiece at 11:33 AM. RPP Infra Projects Ltd. (RIPL) is engaged in the construction of roads, [...]
Tata Steel successfully completed the first multi-modal shipment of 960 tonnes of TMT bars from West Bengal's Haldia Port to Tripura's Agartala, the company said on Thursday. The entire transportation from flag-off to receiving material at the distributor's warehouse in Agartala was completed in 17 days, it said. "The possibility of using this route to [...]
Godrej Properties Ltd on Friday said it has acquired legendary film actor, director, and producer Raj Kapoor's Bungalow at Chembur in Mumbai to develop a luxury housing project. The land was purchased from the Kapoor family, legal heirs of Raj Kapoor, the company said in a regulatory filing. The deal value has not been disclosed. [...]
Hindustan Zinc is planning to get in touch with the mines ministry to resolve the differences over the acquisition of overseas assets of holding company Vedanta Ltd, Hindustan Zinc CEO Arun Misra said. Valuation of the assets is among several concerns flagged by the government, which holds a 29.54 per cent stake in Hindustan Zinc Ltd [...]
With a population of around nine crore and cumulative debt of Rs 5.86 lakh crore, debt per capita in West Bengal stands at a conservative estimate of more than Rs 60,000. When the ruling Trinamool Congress assumed office in 2011, the total debt of the state stood at Rs 1.97 lakh crore. In the budget [...]
