Month: November 2022

Meta Platforms Inc said today it would cut more than 11,000 jobs, or 13% of its workforce, in one of the year’s biggest layoffs as the Facebook parent battles soaring … Read More

Bucking the trend in the broader market, Nifty Bank rose 0.23 per cent today as analysts remain bullish on bank stocks. NDTV Profit-Latest

Equity benchmarks Sensex and Nifty gave up early gains to close in the red on Wednesday, ending two days of increases as bearish global markets weighed on investor sentiment. NDTV … Read More

Bolstered by investments it has made in technology and energy, India is set to surpass Japan and Germany to become the world’s third-largest economy by 2027, Morgan Stanley has forecast. … Read More

The rupee may strengthen to the 80-81 level in the short-term against the dollar as the US currency has weakened amid midterm polls there. NDTV Profit-Latest

National Aluminium Company Ltd (Nalco) on Wednesday reported an 83.2 per cent decline in consolidated profit at Rs 125.43 crore for the quarter ended September 30, on the back of … Read More

Spending by the Indian government this fiscal year could be less than budgeted for the first time in three years, two sources with direct knowledge of the matter told Reuters. … Read More

Realty firm Godrej Properties on Wednesday reported a 54 per cent increase in its consolidated net profit to Rs 54.96 crore for the second quarter ended September on higher income. … Read More

Keystone Realtors, which sells properties under the brand ‘Rustomjee’, on Wednesday said it has fixed a price band of Rs 514-541 a share for its Rs 635-crore initial public offering … Read More

India’s trade ministry has sought to extend an export promotion scheme to reimburse some local levies for domestic steel producers, a senior government official said, as the industry reels from … Read More