Retail inflation declines to 18-month low of 4.7% in April
The annual retail inflation eased to 4.7% in April from 5.66% the previous month, government data showed on Friday. It is for the second month […]
Month: May 2023
Tata Motors posts consolidated net profit at Rs 5,408 crore in Q4
Homegrown auto major Tata Motors on Friday reported a consolidated net profit of Rs 5,408 crore in the fourth quarter ended March 31, 2023. The […]
Hindustan Aeronautics posts first drop in profit in 10 quarters
Hindustan Aeronautics Ltd (HAL) on Friday, reported its first decline in profit in 10 quarters, hurt by higher input costs and tax expenses. HAL’s consolidated […]
E-commerce firms delist 13,000 seat belt alarm stopper clips after CCPA orders
Five major e-commerce platforms — Amazon, Flipkart, Meesho, Snapdeal and Shopclues — have delisted 13,118 seatbelt alarm clips after the Central Consumer Protection Authority (CCPA) […]
MSCI kicks two Gautam Adani companies from indexes
Two Adani-group companies will not be eligible for MSCI’s global indexes, according to the index provider’s quarterly review. MSCI also confirmed it will add 86 […]
Wall Street edges lower following inflation data, drops for Disney, banks
Wall Street suffered losses as US bank health concerns flared and media giant Disney posted losses. The S&P 500 fell 0.2%, with two-thirds of stocks […]
In win for e-gaming companies, HC quashes Rs 21k crore GST notice
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Hindenburg shorts Icahn Enterprises bonds as battle with billionaire heats up
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‘Equity mutual fund inflows moderate to five-month low in April’
Inflows into Indian equity mutual funds fell 68% to INR 64.8bn ($876.7m) in April, the lowest level since November 2020, according to data from the […]
Hindenburg says Icahn Enterprises failed to address concerns, shorts its bonds
Short seller Hindenburg Research on Thursday initiated a short position in Icahn Enterprises LP bonds and said billionaire Carl Icahn has failed to address every […]