Majority of the analysts who have coverage on state-run Bharat Electronics Ltd. (BEL) have raised their price target on the stock, after the company, during its earnings call on Tuesday, shared bullish guidance on both revenue and order inflow for the new financial year. BEL highlighted that the order inflows, excluding the Quick Reaction Surface-to-Air…
NEW DELHI: Reliance Industries Ltd (RIL) and its foreign partners have moved the Supreme Court against the Delhi High Court‘s February ruling quashing an arbitral award in their favour in the dispute with the Centre’s $1.7 billion claim over alleged siphoning of gas from a Krishan=Godavari field off the Andhra coast.RIL filed the lead petition…
The U.S. Senate has voted to advance the GENIUS Act, the country’s first stablecoin legislation. As Bloomberg News reported, the bipartisan vote on Monday (May 19) came two weeks after the Senate’s Democrats joined forces to block the legislation. The bill is now due to be debated on the Senate floor in hopes of passage…
IN A NUTSHELL 🔍 Coinbase experienced a data breach involving bribed support agents, compromising sensitive customer information. 🚫 The company refused a $20 million ransom demand, instead offering a bounty for information leading to the hackers’ arrest. 🔒 In response, Coinbase has tightened security measures and opened a new U.S. support hub to prevent future…
Hon Hai Precision Industry Co., the main manufacturer of Apple Inc.’s iPhones, will inject $1.5 billion into its India unit as production shifts away from China. The Taiwan-based company said in an exchange filing on Monday that it had made the investment through its Singaporean subsidiary. Hon Hai, which is building new plants and adding…
NEW DELHI: Shares of Vodafone Idea (Vi) plunged sharply on Monday after the Supreme Court dismissed petitions by major telecom companies seeking relief from adjusted gross revenue (AGR) dues.Vi’s stock ended the day 8.68 per cent lower at Rs 6.73 on the BSE, after falling as much as 12.21 per cent intraday to Rs 6.47.The…
Last Updated:May 19, 2025, 13:13 IST Nikhil Somwanshi, a recent graduate of the Indian Institute of Science (IISc) who joined the company less than a year ago, died by suicide on May 8 due to alleged work pressure. Nikhil Somwanshi, an engineer at Ola’s Krutrim, died by suicide on May 8. (LinkedIn/X) A young engineer…
This Couple Moved from Mumbai to Noida for Better Quality of Life | The Tenant Meet Rajeev & Pooja, a couple who left the fast life of Mumbai for the spacious calm of Noida. In this episode of The Tenant, they share why Delhi felt unsafe, how parenting changed their priorities, and what made Noida—with…
A man walks past buildings at Central Business District (CBD) in Beijing, China April 8, 2025. Tingshu Wang | Reuters Asia-Pacific markets fell Monday as investors await a slew of economic data from across the region and parse Moody’s downgrade of the U.S. credit rating. Japan’s benchmark Nikkei 225 slipped 0.54% at the open while…
AMSTERDAM- A KLM Royal Dutch Airlines (KL), Boeing 777-300ER, operating as flight KL877, experienced a severe engine fire shortly after departing from Amsterdam Schiphol Airport (AMS) for Mumbai (BOM), forcing an emergency U-turn. Passengers aboard KLM faced panic as flames were spotted from the left engine. Though no injuries were reported, the event raised concerns…
