[ad_1] Tesla CEO Elon Musk has fired two senior executives and intends to cut hundreds more jobs due to his dissatisfaction with declining sales and the speed of workforce reductions, a report by Reuters quoting The Information says. The report by The Information cites an email from Musk to senior managers. The report states that…
[ad_1] Latest NPS charges: The Pension Fund Regulatory and Development Authority (PFRDA) has issued a new set of guidelines that define the fee structure for the National Pension Scheme (NPS) PoPs. These guidelines impact the fees charged by the “Points of Presence” (PoPs), which are entities authorised to provide NPS-related services to the public. As…
[ad_1] Stock market today: BSE Sensex and Nifty50, the Indian equity benchmark indices, resumed their rally on Tuesday after a strong show on Monday. BSE Sensex moves up 100 points and Nifty50 was above 22,650. At 9:30 AM, BSE Sensex was trading at 74,746.86, up 76 points or 0.10%. Nifty50 was at 22,681.50, up 38…
[ad_1] The International Monetary Fund boosted its growth forecast for Asia this year, reflecting a rosier outlook for the region’s two largest economies and flagging a possible upward revision in its outlook for China.Asia is set to expand 4.5% in 2024 from the prior year, 0.3 percentage points higher than the October regional outlook but…
[ad_1] Elon Musk’s net worth is soaring after it plunged to the lowest level in almost a year.In the past five days, the world’s third-richest person has gained $37.3 billion in net worth, according to the Bloomberg Billionaires Index. That’s his largest weekly gain since March 2022, just before he agreed to buy Twitter Inc….
[ad_1] MUMBAI: UltraTech Cement posted a 35% increase in quarterly profit to Rs 2,259 crore on the back of lower input costs and higher volume growth. Revenue climbed 9% to Rs 20,419 crore in Q4 FY24. India’s largest cement company’s imported fuel consumption cost was 13% lower than the year-ago period, while it recorded a…
[ad_1] BENGALURU: Manipal Hospitals, the second-largest healthcare provider in India, has entered into an agreement to acquire an 87% stake in Medica Synergie, a hospital chain based in Kolkata. While the financial details of the transaction were not disclosed, sources informed TOI that the deal is estimated to be worth Rs 1,400 crore.Following the acquisition…
[ad_1] RBI on Monday warned lenders to not levy interest from the date of loan sanction, instead of actual disbursement. In a home loan or other loans, there is often a lag between sanction and disbursement and charging it from the date of sanction imposes additional interest cost on the borrower.Charging interest from the date…
[ad_1] MUMBAI: Across the board buying lifted sensex by 941 points on Monday to close at 74,671, with financials leading. No news of escalation of geopolitical tensions in West Asia, softening of govt bond yields in the US and some steady corporate performance in the domestic market over the weekend added to the positive sentiment…
[ad_1] NEW DELHI: India’s share in global services exports has more than doubled over the last 18 years and rise of global capability centres (GCCs) has played a crucial role in the expansion, a global report said on Monday.The proliferation of GCCS has given a boost to real estate, expanded services exports, added to economic…
