Microsoft Corp posted results on Tuesday that showed some strength in the face of a weak economy, buttressed by a cloud business that hit Wall Street targets for the end…
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Coffee Day hit with Rs 26-cr fine by Sebi for diversion of Rs 3,535-cr funds
Capital markets regulator Sebi on Tuesday imposed a penalty of Rs 26 crore on Coffee Day Enterprises, which runs Cafe Coffee Day, for diversion of funds from subsidiaries to a…
Tata Trusts appoints Siddharth Sharma as CEO, Aparna Uppaluri as COO
Tata Trusts on Tuesday appointed Siddharth Sharma as its chief executive officer and Aparna Uppaluri as the chief operating officer. These appointments will come into effect from April 1, 2023,…
Google, Microsoft, Amazon: 5 reasons why big tech companies are laying off employees
Silicon Valley’s big tech companies, Google, Microsoft, Amazon, Meta, Twitter, Salesforce, Cisco, Snap, and others have collectively laid off over 1,00,000 employees in the past few months and many believe…
TVS Motor Q3 results: Consolidated net profit rises 22%, sales rise 22.26%, Rs 5 dividend announced
Chennai-based two-wheeler maker TVS Motor on Tuesday reported 22 per cent rise in standalone net profit to Rs 353 crore, which is way ahead of what was predicted by market…
Market Today Summit: ‘We’re probably seeing the last leg of the funding winter’, say experts
Enough has been said about the global capital market slowdown of 2022. While India remains one of the better positioned economies — vis-a-vis the West, China, and parts of Europe…
Having a concentrated portfolio is a recipe for disaster: Helios Capital’s Samir Arora
The three big sectors in India are financial, consumer and technology, Helios Capital’s founder Samir Arora said at Business Today’s Market Today Summit in Mumbai. He also said that in…
‘India’s fortunes critical to the world; its rise welcomed by the world’: Kumar Mangalam Birla
Chairman of the Aditya Birla Group, Kumar Mangalam Birla, in a note on the year gone by and the year ahead, said that some of his beliefs such as “sanity…
Zomato rolls out revamped Gold loyalty programme with delivery and dine-in benefits
Publically listed food delivery firm Zomato has relaunched its loyalty program Gold which offers a bunch of benefits to its users including free delivery, no delay guarantee and special access…
Gautam Adani slips to 4th spot on world rich list; net worth declines $872 million in 24 hours
Amazon founder Jeff Bezos on Tuesday replaced Adani Group chairman Gautam Adani to become the world’s third-richest man. With a total net worth of $120 billion, Adani, who was until…