Wall Street banks get a lift from trading Israeli currency, bonds
The world’s top investment banks are on track to post the highest revenue in five years from trading Israel’s bonds and currency thanks to the volatility caused by the 14-month long war in the Middle East, data seen by Reuters show. Banks are expected to post $475 million in fixed-income,
How will bribery charges impact Adani?
Adani Group chairman Gautam Adani speaks at an event in Jaipur on November 30, 2024. | Photo Credit: AP The story so far: Last week, the U.S. Department of Justice charged two officials of a renewable energy company listed in the U.S. in connection with a bribery scheme allegedly perpetrated
Rupee falls 7 paise against US dollar in early trade on November 28, 2024
Rep. image | Photo Credit: The Hindu The rupee fell 7 paise to trade at 84.47 against the US dollar in early trade on Thursday (November 28, 2024) weighed down by a muted trend in domestic equities and strength of the American currency in the overseas markets. Forex traders said
Dolby bets big on Indian automobile sector to replicate China success story
Dolby Global Vice President for Commercial Partnerships Javier Foncillas says that this is the first time they are entering India car market and it offers huge opportunity. Having successfully penetrated into the Chinese automobile sector within a short duration, Dolby is betting big on the Indian market to replicate its
Trump selects Charles Kushner as ambassador to France
President-elect Donald Trump announced on Saturday that he has chosen New York real estate developer Charles Kushner to be his Ambassador to France, calling him “a tremendous business leader, philanthropist, & dealmaker” in a social media post. “Congratulations to Charlie, his wonderful wife Seryl, their 4 children, & 14 grandchildren,”
Skylark unveils OT Cybsersecurity CoE in Chennai with Fortinet
The new Centre of Excellence was jointly inaugurated by Skylark Technologies Co-owner and Executive Director Jose Prakash, Fortinet Country Manager India & SAARC Vivek Srivastava and Skylark Technologies Managing Director S. Kumar. Global IT services provider Skylark Information Technologies in partnership with Fortinet announced the opening of India’s first Operational Technology
Join Central schemes and be self-reliant, Nirmala Sitharaman urges women
Union Finance Minister Nirmala Sitharaman hands over a loan sanction letter to a beneficiary at the Credit Outreach Programme in Madhubani, Bihar, on November 30, 2024. | Photo Credit: ANI/Nirmala Sitharaman Office X Union Minister for Finance and Corporate Affairs Nirmala Sitharaman on Saturday (November 30, 2024) distributed loans amounting
Tata Motors and Tata International start Re.Wi.Re. vehicle scrapping facility in Pune
Tata Motors, the commercial vehicle manufacturer, and Tata International, the global trading and distribution arm of the Tata Group on Saturday inaugurated a new Registered Vehicle Scrapping Facility (RVSF) in Pune named ‘Re.Wi.Re – Recycle with Respect’. This facility has an annual capacity to disassemble 21,000 scrapped vehicles with environmentally
Gautam Adani breaks silence on U.S. indictment, says his group is committed to compliance
Billionaire Gautam Adani. File. | Photo Credit: Reuters Adani Group founder Gautam Adani responded for the first time on Saturday (November 30, 2024) to allegations by U.S. authorities that he was part of a $265 million bribery scheme, saying that his ports-to-power conglomerate was committed to world class regulatory compliance.
PNB, Bank of India revise MCLR upwards
Public sector lenders Punjab National Bank and Bank of India will raise their marginal cost of funds based lending rate (MCLR) effective December 1 by 5 basis points across tenors and for two tenors respectively. A move bound to have a bearing on consumer loans, the benchmark one year