Category: Business
Tatas top wealth creators among India’s business houses
MUMBAI: As the sensex rallied, conglomerates saw their stock rise among shareholders. Topping the list of wealth creators is India’s largest conglomerate, the House of Tatas. The group, helmed by … Read More
Novartis set to divest Indian eyecare portfolio to JB Chemicals
NEW DELHI: Drug major Novartis is planning to divest its Indian eyecare portfolio to Mumbai-based JB Chemicals, in a deal estimated to be around Rs 1,000 crore.The Novartis spin-off will … Read More
How OPEC+ saw its hold on global oil markets fray despite extra production cuts
The OPEC+ coalition’s grip on global oil markets is looking less secure by the day.Crude traders have shrugged off the Nov. 30 pledge from Saudi Arabia and its allies to … Read More
Dalal Street Week Ahead: Time to get cautious & defensive after Nifty’s swift runup
From a technical standpoint, the previous week has created a gap. In the process, the index has shifted its support zones higher in the range of 20,450-20,550 levels from 20,000. … Read More
Tech startups raise $7 billion, lowest in 5 years
BENGALURU: The funding winter in India’s startup ecosystem is far from over. Indian tech startups raised $7 billion this year, its lowest in the last five years. This is a … Read More
Retail investors ‘gambling’ in stocks? Nithin Kamath’s take on popular view
Most of Zerodha’s AUM was added post-2020, which is one of the biggest bull markets India has seen. While equity funds saw a slowdown in the pace of inflows, investments … Read More
Apple iPhone India production: Tata plans big new factory
Conglomerate Tata Group plans to build one of India’s biggest iPhone assembly plants, tapping Apple Inc’s ambitions to increase manufacturing in the South Asian country.Tata wants to construct the factory … Read More