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Latest Articles in Companies Markets

TKM Reports Sales Of 1639 Units In May 2020

By mid-May, almost 60% of Toyota dealerships were operational, said the company.

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Affle India Posts 34 % Growth In FY20 Profit After Tax

The company generated operating cash flows of Rs 73 crore in FY20, marking a 53 per cent year-on-year growth from Rs 48 crore in the previous year.

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Maruti Suzuki Sells 18,539 Units In May As Production Resumes

The production also resumed at Suzuki Motor Gujarat (SMG) from May 25. SMG manufactures cars on a contract basis for Maruti Suzuki

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Nifty, Sensex Surge Over 2% As Lockdowns Ease Further

The NSE Nifty 50 index was up 2.46% at 9,817.45 by 0350 GMT, helped by a broadly stronger mood to Asian markets, while the S&P BSE Sensex gained 2.44% to 33,206.18.

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Global Economy: Asia's Factory Pain Worsens As China's Recovery Fails To Lift Demand

South Korea's IHS Markit purchasing managers' index (PMI) edged down to 41.3 in May, the lowest since January 2009 and below 41.6 in April.

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Global Markets: Asia Stocks Reach Three-Month Peaks, Resilient To US Riots

That helped lift MSCI's broadest index of Asia-Pacific shares outside Japan 2.1% to its highest since early March. Japan's Nikkei added 1.1% to also reach a three-month peak.

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Gold Climbs As US Riots Spark Safe-Haven Rush

Spot gold gained 0.8% to $1,739.75 per ounce by 0242 GMT. U.S. gold futures ticked up 0.1% to $1,752.60.

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Zoom Plans To Roll Out Strong Encryption For Paying Customers

Zoom has attracted millions of free and paying customers amid the pandemic, in part because users could join a meeting - something that now happens 300 million times a day - without registering.

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Struggles Of The BPO Industry During The Pandemic

The CoVID19 Pandemic has significantly disrupted the BPO industry. The countrywide lockdown has resulted in cascading effect to bring down the BPO industry to its knees.

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Equity Indices Close In The Green, IOC And Wipro Top Gainers

BSE S&P Sensex was 224 points or 0.69 per cent higher at 32,424 while the Nifty 50 ticked up by 90 points or 0.95 per cent at 9,580.

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Volkswagen Pumps 2 Billion Euros Into China Electric Vehicle Bet

Volkswagen will pay 1.1 billion euros to acquire 26.5% of Guoxuan High-tech Co Ltd, a maker of electric vehicle batteries

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Gold Up As Markets Cautiously Await Trump's Response On HK

Spot gold was up 0.4% at $1,725.01 per ounce by 0937 GMT. U.S. gold futures rose 0.7% to $1,739.60.

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Credit Suisse Appeals Against Ruling In Spying Auditor Case

"Credit Suisse can confirm that it is having the ruling of the Federal Administrative Court reviewed by the Federal Supreme Court," the bank said in a statement after the Tages-Anzeiger newspaper

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Global Stocks Slip As Investors Await Trump's Hong Kong Response

MSCI's broadest index of Asia-Pacific shares outside Japan fell 0.2%. Japan's Nikkei retreated from a three-month high and the yen rose to a two-week high of 107.06 against the dollar. Bonds rose.

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2-Wheelers, Passenger Vehicles Seeing Resurgence In Inquiries: Motilal Oswal

The negative is that some urban activity-led income, which used to go back to rural areas through migrant labourers, will be a little impacted. Rural sales will bounce back quicker

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