JPMorgan Chase acquires majority stake in failed First Republic Bank

JPMorgan Chase has offered to protect all $92 billion of deposits - insured and uninsured - bringing its financial strength, capabilities and capital to the US banking system and First Republic

Go First declares bankruptcy as engine failures beset operations

In fact, the Singapore emergency arbitration has noted that the financial losses faced by GoFirst have been mostly because of the contractual failure of Pratt & Whitney and has, in its award, asked Pratt & Whitney to supply at least 10 usable engines on an emergency basis by 27 April and more in December this year

IMF cuts India's FY24 GDP forecast to 5.9%

Despite a significant drop in growth rate projections from 6.8 per cent in 2022 to 5.9 per cent in 2023, the latest World Economic Outlook figures show that India continues to be the fastest-growing major economy in the world

Keshub Mahindra, Chairman Emeritus of Mahindra Group, passes away at 99

Keshub Mahindra led the Mahindra Group for 48 years as chairman and diversified it from a steel distributor to other industries like automobiles, IT, real estate, financial services and hospitality

TCS Q4 net rises 15% to Rs11,392 crore

TCS also reported a change of guard with interim CEO K Krithivsan taking over charge three months ahead of the planned departure of the current CEO at end-September 2023



India's Millet Revolution To Enrich Global Food Basket

Millets, a healthier and cheaper substitute to wheat and rice, are indigenous to many parts of the world, especially in the semiarid tropics of Asia and Africa, and offers a big scope for expanding production and consumption in the foodgrain deficient African continent 

Market predator Hindenburg preys on Adani stock

Almost a month after the damning report of short-seller Hindenburg Research on the Adani Group that claimed that the seven stocks within the group were about 85 per cent overvalued, one of the group's stocks, Adani Total Gas, closed at Rs835 on the BSE, down nearly 79 per cent from its 24 January level, almost close to reaching that valuation