By Nayan Dave Gujarat based edible oil mills are passing through lean period as out of almost 400 mills across the state, hardly around 55 are operational and rest are…
Snap returns to revenue growth in third quarter; improves digital advertising business
Snap Inc. returned to revenue growth in the third quarter after two periods of declines, showing the long-running improvements to its digital advertising business are finally paying off. The company…
BPCL to enter into term agreement with Russia for cheaper crude
State-owned Bharat Petroleum (BPCL) is considering to enter into a term agreement with Russia for imports of crude oil. While talks are at a preliminary stage, a source said, ‘BPCL…
Zomato, Info Edge, other internet firms may report robust revenue growth; valuation fair, check target price
Zomato, Info Edge, and IndiaMART Intermesh shares have not had a pleasant 2022 so far. Indian internet companies plummeted severely along with global peers at the beginning of the year…
Rupee to depreciate further this week till 78.70 amid strong dollar, persistent foreign funds outflow
By Raj Deepak Singh Rupee depreciated in the previous week majorly on the back of strong dollar and fall in domestic indices. Meanwhile, drop in crude oil prices provided some…
Varun Beverages’ Jaipuria settles insider trading case with Sebi; Pays Rs 56 lakh
Varun Beverages chairman Ravi Kant Jaipuria has settled with capital markets regulator Sebi a case related to alleged violations of insider trading rules after paying nearly Rs 56 lakh towards…
Microsoft Corporation to see a rise in sales: Report
According to Bloomberg, Microsoft Corporation posted its strongest sales increase in six quarters, bolstered by recovering cloud-computing growth amid demand for new artificial intelligence products that are prompting corporate customers…
Zomato share price tanks 6% after Blinkit acquisition; brokerages bullish on the stock, see up to 63% rally
Zomato share price tanked 6% on Monday after the online food delivery platform announced that it has agreed to acquire Blink Commerce Pvt Ltd (Blinkit, formerly known as Grofers) for…