Reserve Bank of India (RBI) governor Shaktikanta Das will give out the monetary policy committee (MPC) statement today at around 10 am. The monetary policy committee meeting lasted from February…
Author: Admin
BP makes record profit in 2022, slows shift from oil
BP reported on Tuesday a record profit of $28 billion for 2022 and hiked its dividend, but infuriated climate activists by rowing back on plans to slash oil and gas…
Bed Bath & Beyond staves off bankruptcy with $225 mln from stock sale
Bed Bath & Beyond Inc said on Tuesday it raised about $225 million in an equity offering and may get another $800 million over the next 10 months, as the…
Disney investors await CEO Iger’s revival plan with results on tap
Walt Disney Co CEO Bob Iger is expected to discuss a turnaround plan on Wednesday, when the media company delivers its first quarterly results since the return of the executive…
GVK boss refutes Rahul Gandhi’s allegation on Mumbai airport sale to Adani Group
G V Sanjay Reddy, vice-chairman of the conglomerate GVK, on Tuesday refuted Congress MP Rahul Gandhi’s comments that the Modi government tweaked rules in favour of the Adani Group. Gandhi…
Adani-owned NDTV’s Q3 net profit more than halves to Rs 12.9 cr on advertising drop
New Delhi Television Ltd, part of the embattled Adani Group, said on Tuesday that profit had more than halved in the third quarter on weak advertising demand. The broadcaster’s consolidated…
Adani Ports considering Rs 5,000-cr debt repayment by March 2024: Karan Adani
Adani Ports said on Tuesday it expects to repay loans, including bonds, worth Rs 5,000 crore next financial year, said CEO Karan Adani. Its cash and cash equivalent were Rs…
No plans to migrate or merge Jio Cinema with Voot at the moment: Viacom18’s Anil Jayaraj
Amidst rumors that Viacom18 is likely to merge its flagship OTT platform Voot with JioCinema to live-stream the Indian Premier League 2023, Viacom18 has clarified that no official announcement has…
Banks’ exposure to Adani Group ‘insufficient’ to pose credit risk, says Fitch
In a relief for Adani Group, Fitch Ratings on Tuesday said the exposure of Indian banks to the embattled Adani Group is “insufficient in itself” to present a substantial risk…
SoftBank tumbles to loss as Vision Fund in red for fourth straight quarter
Japan’s SoftBank Group Corp fell to a quarterly loss on Tuesday, as its giant Vision Fund investment unit remained in the red for a fourth straight quarter, sharpening focus on when…