NEWS
UltraTech Cement set to acquire Kesoram's cement business in a Rs 5,379-crore deal
01 Dec 2023
UltraTech Cement Ltd. announced on Thursday, 30 November 2023, its plans to acquire the cement business of Kesoram Industries Ltd. in a significant all-stock transaction valued at Rs 5,379 crore.
Microsoft president Brad Smith rejects the possibility of super-intelligent AI
01 Dec 2023
Tech giant Microsoft’s president, Brad Smith, said that the idea of super-intelligent artificial intelligence is far from reality in today's world.
The Indian rupee strengthened by 11 paise to 83.29 against the US dollar
01 Dec 2023
In the early hours of Friday 1 December, 2023, trading session, the Indian rupee showcased resilience, appreciating by 11 paise to reach 83.29 against the US dollar.
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Google urges UK antitrust intervention against Microsoft's cloud dominance
01 Dec 2023
Google has formally called upon the UK's antitrust regulator, the Competition and Markets Authority (CMA), to intervene and take action against Microsoft.
Walmart reduces import dependence on China and shifts focus to India
30 Nov 2023
Walmart, the world's largest retailer, has significantly increased its imports from India while decreasing its reliance on China.
Emirates Airline President urges Rolls-Royce to focus on engine performance
30 Nov 2023
In the aftermath of Rolls-Royce's ambitious plan to quadruple profits, the President of Emirates Airline, Tim Clark, has called on the British firm to "go back to basics" and prioritize the performance of its engines.
Major U.S. health insurers Humana and Cigna set to enter merger discussions
30 Nov 2023
Cigna, a major health insurer in the U.S. healthcare sector, is reportedly engaged in discussions for a merger with its peer, Humana.
Berkshire Hathaway Vice Chairman Charlie Munger passes away at age 99
29 Nov 2023
Charles Thomas Munger, the oracle of Pasadena and one of the most important figures in Berkshire Hathaway, passed away on Tuesday, 28 November 2023, at the age of 99.
Indian markets make history, surpassing the $4 trillion market cap milestone for the first time
29 Nov 2023
Indian markets soared to new heights on Wednesday, 29 November 2023, as they achieved the historic $4 trillion market cap milestone for the first time.
Alipay exits India: Chinese payment giant to sell Zomato stake for nearly $400 million
29 Nov 2023
Alipay, the Chinese payments group, is set to divest its 3.4% stake in the Indian food delivery powerhouse Zomato for an estimated sum of almost $400 million.
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Tech giant Apple set to break ties with Goldman Sachs for credit card business
29 Nov 2023
Apple has decided to terminate its credit card partnership with banking giant Goldman Sachs. Apple had sent a proposal to the Wall Street Bank to end the contract in the next 12 to 15 months.
Adani Group nears Rs 11 lakh crore market cap amid ongoing investigation in the Adani-Hindenburg case
28 Nov 2023
In a remarkable market recovery witnessed on Tuesday, 28 November 2023, shares of various Adani Group entities, propelled the market capitalization of the Gautam Adani-led conglomerate close to the Rs 11 lakh crore mark.
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