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Latest Articles in Companies Markets
Michael Kors Owner Capri Estimates 70% Plunge In Q1 Revenue
Analysts had forecast a 46.7% fall in revenue in the first quarter ended June, according to IBES data from Refinitiv.
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BookMyShow Unveils Global Online Streaming Platform For Live Entertainment
Through 'BookMyShow Online', the company is offering both paid and free performances across music, comedy and other performing arts.
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MG Motor Retails 2,012 Units In June
The company is doing its best to overcome these challenges and looking forward to the launch of Hector Plus this month
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Vodafone Idea Posts Highest-Ever Loss By An Indian Firm At Rs 73,878 Cr In FY20
Vodafone Idea (VIL) reported widening of March quarter net loss to Rs 11,643.5 crore. Its losses stood at Rs 4,881.9 crore in the same period a year ago and Rs 6,438.8 crore in previous October-December quarter.
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Rising Demand Lifts Refined Soya Oil Futures
Refined soya oil contracts for August delivery rose by Rs 7.1, or 0.9 per cent, to Rs 799 per 10 kg in 16,435 lots.
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Toymaker Lego Joins Ad Boycott Campaign
The Danish company, known for its colourful plastic bricks, said in a statement it would review the "standards we apply to advertising and engagement on global social media platforms".
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Sensex Rallies 499 Pts; Nifty Reclaims 10,400 Level
After hitting a high of 35,467.23, the 30-share BSE index settled 498.65 points, or 1.43 per cent, higher at 35,414.45.
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Wirecard Administrator Says Received Inbound Interest For Assets
Wirecard filed for insolvency last week owing creditors almost $4 billion after disclosing a 1.9 billion euro ($2.1 billion) hole in its accounts that its auditor EY said was the result of a sophisticated global fraud.
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Chinese Police Say Tencent Likely Swindled By Chilli Sauce Impostors
Tencent, China's biggest video game and social media firm, did not immediately respond to a Reuters request for comment.
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DHL Temporarily Suspends Chinese Import Shipments To India
United Parcel Service and Amazon India did not immediately respond to requests for comment regarding possible shipment delays.
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Manufacturing Slump Eases As World Emerges From Pandemic
The International Monetary Fund expected the global economy to shrink 4.9% this year and rebound just 5.4% next year.
Read MoreGlobal Markets: Stocks Adrift, Havens Sought As Virus Fears Cast Shadow Over Recovery
MSCI's broadest index of Asia-Pacific shares outside Japan inched 0.2% higher, led by a 0.8% rise in Chinese blue chips. But Japan's Nikkei fell 0.8%.
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Rupee Settles 9 Paise Lower At 75.60 Against US Dollar
The rupee opened at 75.49 against the US dollar, but lost ground and ended the day at 75.60 against the US dollar, down 9 paise over its last close.
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India Gold Prices Hit All-Time High As Virus Spike Lifts Safe-Haven Demand
Local gold futures hit an all-time high of 48,871 rupees ($646.66) per 10 grams in early trade, taking their gains to 25% in 2020 so far.
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RIL In Talks To Acquire Future Group
This development will give RIL the necessary capability to launch to number one position in retail space across classifications including fashion, general merchandise and groceries.
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