WeWork, an office space-sharing company, filed for bankruptcy in the United States last week, facing ongoing challenges in the aftermath of its unsuccessful initial public offering in 2019 and the pandemic which struck later. Despite the company’s financial difficulties, attention…
The Burman family, owners of Dabur Group, dismissed the first information report (FIR) against business conglomerate’s chairperson Mohit Burman and director Gaurav Burman as false and baseless. Dabur Group chairperson Mohit Burman is said to be among 32 people booked…
Tata Tech IPO: Tata Technologies, which provides engineering and product development digital services, has said its initial public offering (IPO) will open for public subscription on November 22. Last month, Tata Motors had stated that it has inked a pact…
Wholesale price inflation remained in the negative territory for the seventh month in a row in October at (-) 0.52 per cent on easing prices of food items. The Wholesale Price Index (WPI)-based inflation stood at negative 0.52 per cent.(AFP…
BSE, NSE holiday: India’s currency, debt, and equity markets will be closed on Tuesday on account of Diwali-Balipratipada. BSE, NSE holiday: People look at a screen displaying the Sensex results on the facade of the Bombay Stock Exchange (BSE) building…
NEW DELHI: The Enforcement Directorate (ED) has asked Qatar Airways for documents related to its foreign transactions being investigated by the agency, people familiar with the matter said ED has sought information under the provisions of Foreign Exchange Management Act…
The Index of Industrial Production (IIP) is the only official monthly indicator which gives us an idea about the level of economic activity in manufacturing in the Indian economy. Three-fourth of the IIP basket is manufacturing. What makes the IIP…
The price of gold remained saw a moderate decline. The rate for 22-carat gold stood firm at ₹5,545 per gram. The larger quantities, such as 8 grams and 10 grams, were priced at ₹44,360 and ₹55,450 respectively. Also, the cost…
Lala Kedarnath Aggarwal, who once sold bhujia and rasgullas in buckets on the streets of old Delhi before establishing sweets and snacks brand Bikanervala, passed away on Monday. Kedarnath Aggarwal was chairman of Bikanervala.(Bikanervala) He was 86. The demise of…
India’s benchmark inflation rate, as measured by Consumer Price Index (CPI), stood at 4.87% in the month of October, the lowest this number has been since June. The short-term spike and subsequent moderation in this number – it jumped to…