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Boeing Announces Plans To Cut 17,000 Jobs, Shrink Global Workforce By 10%

15 Nov 2024 00:39 AM IST

The layoff notices come as Boeing, under new CEO Kelly Ortberg, works to restart production of its best-selling 737 MAX.

Swiggy Shares Drop Nearly 6% on Second Day of Trading, Market Valuation Falls by Rs5,842 Crore

14 Nov 2024 20:15 PM IST

Shares of Swiggy, the newly-listed food delivery and quick commerce giant, saw a decline of nearly 6% on the second day of trading on Thursday. The stock dropped 5.72% to ₹429.85 on the BSE. During intraday trading, it fell further, losing 8.18% to touch ₹418.65. On the NSE, Swiggy’s shares

India’s Deal Activity Reaches USD 11.7 Billion in October 2024, Driven by IPOs, M&As, and QIPs

14 Nov 2024 17:05 PM IST

India’s deal-making landscape remained resilient in October 2024, with 204 transactions amounting to USD 11.7 billion, despite a 6% decline in deal volume compared to the previous month. The deal value, however, saw a 2% increase from September, driven by robust merger and acquisition (M&A) activity and steady private equity

RBI Governor Warns of Inflation Risks and Slowing Growth

14 Nov 2024 16:51 PM IST

Reserve Bank of India (RBI) Governor Shaktikanta Das cautioned that while the central bank has managed a “soft landing” amid several global challenges, risks of inflation resurgence and slowing economic growth remain. Speaking at the CNBCTV18 Global Leadership Summit on Thursday, Das acknowledged that inflation could reemerge, impacting overall growth

MHA Bans Hynniewtrep National Liberation Council (HNLC) and Its Factions for Five Years

14 Nov 2024 16:05 PM IST

The Ministry of Home Affairs (MHA) announced on Thursday that the Hynniewtrep National Liberation Council (HNLC) and all its factions, wings, and front organizations have been declared an unlawful association for five years, starting November 16, 2024. The decision was made due to the group’s ongoing activities that pose a

Eicher Motors Stock Jumps Over 8% After Q2 Results – Should You Consider Buying?

14 Nov 2024 14:03 PM IST

Eicher Motors shares surged more than 8% in early trading following the release of its Q2 results, buoyed by positive analyst reviews. As of 10:57 a.m., shares were up 8.02% to ₹4,957.25 on the BSE. The parent company of Royal Enfield reported an 8% year-on-year increase in net profit to

India’s Two-Wheeler Boom: Sales Skyrocket to Record 21.64 Lakh Units In October

14 Nov 2024 11:55 AM IST

India’s automobile sector witnessed a strong uptick in sales during October 2024, with two-wheeler sales rising by 14.2% year-on-year and passenger vehicles (PVs) reaching their highest-ever monthly sales. The figures, released by the Society of Indian Automobile Manufacturers (SIAM), reflect the post-festival consumer demand and the country’s recovering rural economy.

$10 Billion US Investment By Adani Group: A Win For Trump, Jobs, And Energy Security

14 Nov 2024 10:09 AM IST

The Adani Group has announced a significant $10 billion investment in US-based energy and infrastructure projects as part of its expanding global footprint. Adani Group chairman Gautam Adani confirmed the news in a post on X (formerly Twitter), extending congratulations to the newly elected US President Donald Trump. “Congratulations to

Swiggy Makes A Strong Market Debut: Shares Jump 8% On Listing Day!

13 Nov 2024 11:21 AM IST

Swiggy Ltd., the popular food delivery platform, made a strong debut on the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE) on Wednesday. The company’s shares listed at Rs 412 on BSE, a 5.64% premium over its issue price of Rs 390. On the NSE, Swiggy’s shares opened

Acme Solar Debuts Weak on Dalal Street, Lists at 13% Discount

13 Nov 2024 10:56 AM IST

Acme Solar Holdings had a subdued market debut, with shares listing at a 13.15% discount on the NSE at Rs 251 per share, well below its issue price of Rs 289. On the BSE Sensex, the stock opened at Rs 259, reflecting a 10.3% drop from its issue price, disappointing

Swiggy IPO Set for Market Debut Today: Does GMP Point to a Strong Start?

13 Nov 2024 08:40 AM IST

Swiggy’s shares are poised to debut on Dalal Street today, with investors hopeful for potential gains. The company’s initial public offering (IPO) garnered decent investor interest, with the public issue allotment completed on Monday. The Swiggy IPO was subscribed 3.59 times overall by November 8, with the retail segment showing

Air India Completes Merger with Vistara, Becomes Unified Full-Service Carrier

12 Nov 2024 17:18 PM IST

On Tuesday, November 12, 2024, Air India officially completed its merger with Vistara, marking a significant step in the airline’s post-privatization transformation. The newly unified entity will now operate over 5,600 weekly flights, connecting more than 90 domestic and international destinations. With a fleet of 208 aircraft, the merger significantly