Banking

Amazon.com Inc Lays Off About 100 Employees In Its Gaming Divisions

Amazon has struggled to capitalize on its resources in gaming, including through its Crown channel, an entertainment sho... Read more

Thomas Cook To Set Up Forex Outlets At Manohar International Airport

Goa's Thomas Cook Airport counters will enable foreigners from G20 countries and NRIs to make UPI eligible Indian Rupee ... Read more

Space Start-up Skyroot Conducts Long Duration Test Of Its Cryogenic Engine

Private space tech start-up Skyroot Aerospace has achieved a major milestone by successfully test-firing a fully 3D-prin... Read more

General Motors' 5,000 Salaried Workers Take Buyouts To Leave Company

GM will take a $1 billion charge in the first quarter, he said. The company had previously projected $1.5 billion in cha... Read more

Apple Inc Says Users Report Weather App Outage In Some Locations

The Cupertino, California-based company said on its website that issues for the app were reported at 11 p.m. New York ti... Read more

Amazon Removes 6 Mn Counterfeit Items Globally From Supply Chains

E-commerce major Amazon removed six million counterfeit items globally from the supply chain in 2022, the company said i... Read more

Karur Vysya Bank To Offer SBI Life Insurance Products At Its Branches

Private sector Karur Vysya Bank has inked a pact with SBI Life Insurance to offer their insurance products to customers ... Read more

L'Oreal To Buy Luxury Cosmetics Brand Aesop In $2.5 Billion Deal

At L'Oreal, Aesop joins a cast of luxury brands such as Lancome and Yves Saint Laurent as the French company bets on a c... Read more

HDFC Ltd Records 12% Loan Growth At Rs 9,340 Cr In March Quarter

Mortgage lender HDFC Ltd on Tuesday said it has reported a 11.6 per cent rise in loans at Rs 9,340 crore in the March qu... Read more

Grasim Industries Receives Rs 5,000 Cr Three Term Loan From Axis Bank

Grasim Industries, the flagship company of the Aditya Birla Group, on Tuesday announced entering into three term loan ag... Read more

State-owned NBFC Firm REC Raises $750 Mn Through Issuance Of Green Bonds

State-owned non-banking finance firm REC Ltd has raised USD 750 million through issuance of green bonds. The expected s... Read more

MOIL's Output Grows 6% To 1.3 MT In FY23, 14% Higher Capex Utilised

State-owned MOIL has registered a 6 per cent rise in its manganese ore production to 13.02 lakh tonnes (LT) in 2022-23. ... Read more

Inox Air Ropes In TP Saurya Bandita To Set Up 40 MW Captive Solar Plant

INOX Air Products on Tuesday said it has signed an agreement with TP Saurya Bandita Ltd to set up a 40 MW captive solar ... Read more

Mumbai-based Alternative Credit Platform BlackSoil Raises $25 Mn

BlackSoil, a Mumbai-based alternative credit platform, on Tuesday said it has raised over USD 25 million (about Rs 205 c... Read more

After $3 Bn, Reliance Industries, Jio Raise $2 Bn Foreign Exchange Loan

Barely days after signing a USD 3 billion financing in India's most widely syndicated loan, Reliance Industries Ltd and ... Read more