Day: July 12, 2023

Elon Musk launched his long-teased artificial intelligence startup xAI on Wednesday, unveiling a team made up of engineers from the same big US technology firms […]

IT services firm HCL Technologies on Wednesday reported a 7 per cent rise in its June quarter net profit on the back of new order […]

Foxconn is in talks with India’s Gujarat state to build a semiconductor plant after the Taiwanese company’s $19.5bn joint-venture plan with Vedanta broke down, according […]

Annual consumer inflation in the United States cooled to its lowest rate since 2021, the Labor Department said Wednesday, an encouraging sign for policymakers who […]

Tata Consultancy Services reported a 16.8% rise in quarterly profit that just beat estimates on Wednesday, helped by large order wins. Consolidated net profit rose […]

Indian shares closed lower on Wednesday, with the Nifty 50 index dropping by 0.28% to 19,384.30, while the S&P BSE Sensex fell by 0.34% to […]

The one-month implied volatility of the Indian rupee versus the dollar has collapsed to its lowest rate since 2005, prompting concerns that the Reserve Bank […]

Utkarsh Small Finance Bank has announced the price band for its initial public offering (IPO) at Rs 23-25 per share, with bidding for anchor investors […]

Ant Group’s share buyback plan has led to a significant drop in the valuation of the payments business co-founded by Jack Ma, reducing his stake […]

US stocks rose on Tuesday ahead of vital inflation reports and as financial shares gained before earning reports. The increase in stock prices followed optimism […]