BENGALURU: The family of late investor Rakesh Jhunjhunwala has fully exited its stake in Nazara Technologies through open market transactions on Friday..According to stock exchange disclosures, Rekha Rakesh Jhunjhunwala, executor to the estate of late Rakesh Jhunjunwala, sold 27.2 lakh shares, worth Rs 333.8 crore, through bulk deals in the open market executed on both…
The Central Board of Direct Taxes (CBDT) has launched a probe into possible tax evasion and laundering of unaccounted income through investments in virtual digital assets (VDAs), including high-risk VDA transactions and cryptocurrencies, sources in the government said on Thursday.The tax authority is currently verifying individuals and entities engaged in high-risk VDA transactions who appear…
Tesla has increased prices of its Model S and Model X vehicles in the United States by $5,000 following an update to the two premium electric models, the company announced Thursday via a post on X and updates to its official website.The price hike applies to all configurations of both models. With the adjustment, the…
NEW DELHI: Delhi airport continues to operate normally, but several flights have been affected due to changing airspace conditions over Iran, Iraq and nearby regions, Delhi International Airport Limited (DIAL) said in an advisory issued on Friday.The disruption follows Israel’s military strike on Iran late Thursday, with explosions reported across Tehran. Iran’s state media confirmed…
NEW DELHI: DCM Shriram on Thursday said its board has approved a definitive agreement to acquire Hindusthan Specialty Chemicals for Rs 375 crore, marking its strategic entry into the advanced materials segment. The buyout of unlisted subsidiary of Hindusthan Urban Infrastructure is subject to regulatory approvals. Source link
US semiconductor giant Micron Technology on Thursday announced it is expanding its domestic investment to $200 billion, supported by the Trump administration, in a major push to strengthen America’s chip manufacturing and supply chain resilience.The revised plan includes an additional $30 billion over previous commitments and features the construction of a second cutting-edge memory chip…
India’s headline retail inflation fell to 2.82% in May 2025, the lowest year-on-year rate since February 2019, according to data released by the National Statistical Office (NSO) on Wednesday. The Consumer Price Index (CPI) reading was down 34 basis points from 3.16% in April, driven primarily by a sharp moderation in food prices and a…
The United States notified the WTO on Monday that the automotive tariffs were implemented under Section 232. (AI image) The United States has informed the World Trade Organization (WTO) that India’s request for consultations regarding American tariffs on automobiles and auto components under the trade watchdog’s safeguard agreement was unfounded.The United States notified the WTO…
Amidst the ongoing trade and geopolitical tensions, gold and silver are being seen as safe haven investments. (AI image) Gold and silver price prediction: Gold prices have been currently recovering after dipping from recent highs. Silver prices on the other hand are touching new highs. Amidst the ongoing trade and geopolitical tensions, gold and silver…
MUMBAI: SBI has hired 13,455 junior associates as part of its plan to enhance customer service at branches. The clerical-level hiring is part of a broader intake of 18,000 employees, which includes 3,000 officers.SBI chairman C S Setty, in a letter to shareholders, said the bank is sharpening its focus on customer experience and is…