Business
HCL Tech Q3 Net Profit Up 31 Pc to Rs 3,982 Cr, Revises Q4 Revenue Growth Forecast
The IT major had registered a net profit of Rs 3,037 crore in the October-December 2019 quarter (as per US GAAP), HCL Technologies said in a regulatory filing.
Airtel, HCL Technologies, L&T Infotech: Top Stocks for Investors Today
On January 15 (Friday) the Indian stock market might open with lower points as the SGX Nifty indicated a negative opening for the domestic market
Airbnb CEO Says Travel Never Going Back To The Way It Was Before Pandemic
Airbnb Chief Executive Officer Brian Chesky on Thursday predicted travel would permanently change due to the pandemic with people seeking out thousands of smaller cities and spending more time visiting friends and family.
Google Muscles Up With Fitbit Deal Amid Antitrust Concerns
Google has completed its $2.1 billion acquisition of fitnessgadget maker Fitbit, a deal that could help the internet company grow even stronger while U.S. government regulators pursue an antitrust case aimed at undermining its power.
Ghosn Hid Scale Of Nissan Salary, Fearing Dismissal From Renault, Tokyo Court Told
Carlos Ghosn concealed the scale of his compensation at Nissan because he feared the French government would force him out of Renault if it discovered how much he earned, an executive at the Japanese carmaker told a Tokyo court on Thursday.
U.S. Adds CNOOC To Black List, Saying It Helps China Intimidate Neighbors
The U.S. Commerce Department said Thursday it added Chinese National Overseas Oil Corporation (CNOOC) to a U.S. economic blacklist, saying it had helped China intimidate neighbors in the South China Sea.
Airlines Face More Turbulence Before Vaccine Relief
For a year expected to mark a turning point for pandemicstricken European airlines, 2021 is off to a rough start.
Japan May Consider Further Stimulus Package For COVID-19-hit Economy, Says Minister
Japan could consider fresh economic stimulus, including a possible fourth extra budget, as the government expands a state of emergency amid a record surge in coronavirus infections, a prominent cabinet minister said on Thursday.
TSMC Logs Highest Quarterly Profit, Sees Record Revenue And Capital Spending
Taiwan Semiconductor Manufacturing Co Ltd (TSMC) posted its bestever quarterly profit and hiked revenue and capital spending estimates to record levels as it forecast "multiple years of growth opportunities".
New Renault Boss Outlines Leaner, Hi-tech Future
French carmaker Renault pledged more cost cuts and to focus on a smaller number of profitable models as its new boss laid out plans to revive a business hammered by management turmoil and the COVID19 crisis.
Gold Retreats As Dollar Firms, Treasury Yields Gain
Gold prices inched lower on Thursday as U.S. Treasury yields and the dollar rebounded, while investors awaited details on incoming U.S. President Joe Biden's coronavirus stimulus proposal.
WhatsApp Growth Slumps As Rivals Signal, Telegram Rise
Encrypted messaging apps Signal and Telegram are seeing huge upticks in downloads from Apple and Googles app stores. Facebookowned WhatsApp, by contrast, is seeing its growth decline following a fiasco that forced the company to clarify a privacy update i...
Lockdowns In 2021 Threaten To Slow First-quarter Earnings Recovery Globally
A major chunk of the global recovery in companies' earnings expected in the first quarter is at risk of being pushed back further as lockdowns and mobility restrictions in several countries cloud hopes of a swifter economic rebound, investment banks said.
Unilever Says Global Consumption Will Remain Depressed In First Half Of Year
Consumer goods maker Unilever Plc expects global consumption patterns to be suppressed in the first half of this year, even as business returns to normal in East Asia and markets in Africa and Latin America show resiliency, its chief executive told Reuter...
Unilever Rules Out Major Disposals In Its Beauty, Personal Care Portfolio
Unilever Plc said investors should not "hold their breath" on any significant disposals in its beauty and personal care business, though it could do some smaller deals, as part of a reshaping of its portfolio, its chief executive told Reuters.
J&J Likely To Seek EU Approval For COVID-19 Vaccine In February - Lawmaker
U.S. firm Johnson & Johnson is likely to apply for EU approval for its COVID19 vaccine candidate in February, a top lawmaker said on Wednesday.