India-UK Free Trade Agreement (FTA) NEW DELHI: The British High Commission in India marked Diwali by highlighting the landmark India-UK Free Trade Agreement (FTA), saying the deal has given the two countries more reasons to celebrate and expressing optimism about the future of their partnership.In a post on X, the High Commission said this year’s…
Coca-Cola’s India bottling arm files IPO papers NEW DELHI: The Coca-Cola Company’s Indian bottling business, Hindustan Coca-Cola Holdings Ltd (HCCH), has initiated the process for a stock market listing by filing its draft IPO papers with the Securities and Exchange Board of India (Sebi).The proposed initial public offering (IPO) will involve the sale of up…
The US midterm elections could accelerate the ongoing rotation in stock markets, with healthcare emerging as a potential defensive investment amid a correction in artificial intelligence (AI)-related stocks, according to Lou Miller, global head of custom basket trading at Goldman Sachs.Speaking on Goldman Sachs’ The Markets podcast, Miller said investors had already started moving towards…
Why is Elon Musk pulling the plug on Tesla’s Cybertruck Tesla’s Cybertruck arrived with big ambitions, a futuristic design and Elon Musk‘s backing.Now, it is bidding adieu.The high-tech pickup was meant to shake up the automobile industry, but its journey is coming to an end. Musk announced on Friday that Tesla would wind down Cybertruck…
Muhurat trading 2026 – Check stocks to buy in Samvat 2083 NEW DELHI: Diwali season is a holiday for most, but Dalal Street refuses to let the festive mood go to waste!For one special hour, the trading terminals light up and investors get a shot at starting the new year with a good ‘Muhurat.’That is…
AI generated image, used only for representational purpose Stuck at a desk while the rest of the world is busy celebrating may not be the ideal Diwali plan. However, companies are rolling out a range of festive perks to make sure their employees don’t miss out on the celebrations.From longer weekends and work-from-home options to…
Noel Tata will step down as Voltas chairman on November 11 and take over as chairman emeritus from November 12 Voltas is set for a leadership change, with Sunil Alaric D’Souza set to take over as Chairman from November 12 following Noel N Tata’s retirement from the board upon attaining the age of 70, in…
Forex reserves shrink in October NEW DELHI: India’s foreign exchange reserves took a hit in the week ended October 30, falling by $2.691 billion to $717.056 billion, according to the latest data released by the Reserve Bank of India (RBI) on Friday.The decline was largely driven by a drop in two key components of the…
Angan Guha, president and CEO ofAmericas 2 Strategic Market at Wipro BENGALURU: Wipro has appointed Angan Guha as president and CEO of its Americas 2 Strategic Market Unit, effective Dec 8. He will report to Wipro CEO Srini Pallia and join the company’s executive leadership team. Guha will focus on strengthening Wipro’s business across banking,…
BENGALURU: Bosch reported a 19% year-on-year increase in consolidated net profit at Rs 840 crore for the Sept quarter of FY27, driven by strong demand across automotive segments and the inclusion of Bosch Chassis Systems India in its consolidated results for the first time. Consolidated revenue from operations rose 28.2% to Rs 7,655 crore, compared…
