Eutelsat Group, which runs the OneWeb satellite internet constellation, will receive an additional investment from the U.K. government of €90 million (₹903 crore) as part of a fresh capital infusion in the entity, whose shareholders include the French government and Bharti Enterprises. Bharti and the French government had announced participation in a reserved capital increase […]
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Forex traders said the Indian rupee ended the day in the green against the U.S. dollar amid firm expectations that India and the U.S. will reach a deal soon. File | Photo Credit: Reuters The rupee pared initial gains and settled for the day higher by 4 paise at 85.69 (provisional) against the U.S. dollar […]
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The Tata group company had posted a net profit of ₹12,040 crore in the corresponding period last year. | Photo Credit: Reuters Country’s largest IT services company TCS on Thursday (July 10, 2025) reported a 6% rise in its June quarter net profit at ₹12,760 crore. The Tata group company had posted a net profit […]
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Vedanta Group | Photo Credit: Reuters A U.S. short-seller, Viceroy Research, has flung allegations at Anil Agarwal-owned Vedanta Group, calling Vedanta Resources (VRL) a ‘parasite’ and a ‘financial zombie’ and its listed subsidiary Vedanta Ltd (VEDL) a ‘dying host’. Viceroy Research, which has a short position on VRL’s debt stack, said the Vedanta group structure […]
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File picture of Ford trucks in California. Image for representation | Photo Credit: Reuters Ford Motor is recalling 8,50,318 vehicles in the U.S. due to a potential low-pressure fuel pump failure, which could cause an engine stall, the U.S. National Highway Traffic Safety Administration said on Thursday (July 10, 2025). The auto safety authority said […]
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The logo of State Bank of India (SBI) is seen on the facade of its headquarters in Mumbai. | Photo Credit: Reuters State Bank of India, the country’s largest lender by assets, is preparing to sell as much as ₹250 billion ($2.9 billion) of shares to institutional investors as early as next week, a news […]
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Image used for representation purpose only,. | Photo Credit: Reuters An Indian Commerce Ministry team will soon visit Washington for another round of talks with the U.S. for a proposed trade pact, a government official said on Thursday (July 10, 2025). The official said that negotiations will happen on both interim and the first phase […]
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Piyush Goyal. File | Photo Credit: PTI Commerce and Industry Minister Piyush Goyal on Thursday (July 10, 2025) said discussions are under way with ASEAN to review the existing trade pact, and he is looking forward to fast-track the negotiations. The issue figured during the meeting between Mr. Goyal and his Malaysian counterpart T. Zafrul […]
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Nvidia became the first company to touch $4 trillion in market value on Wednesday, a new milestone in Wall Street’s bet that artificial intelligence will transform the economy. Shortly after the stock market opened, Nvidia vaulted as high as $164.42, giving it a valuation above $4 trillion. The stock subsequently edged lower, ending just under […]
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A view of the Bombay Stock Exchange in Mumbai. File | Photo Credit: Reuters Benchmark indices Sensex and Nifty were trading lower in early trade on Thursday (July 10, 2025) as investors stayed on the sidelines ahead of the start of earnings season, with IT major TCS scheduled to announce its Q1 numbers later in […]
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