Business

American man reveals Indian CEO took over a firm, booted out founders, hired Indians. Post goes viral amid H1B visa debate

Admin6 months ago04 mins

The ongoing discourse surrounding Indian immigrants, particularly those in the technology sector within the United States, has intensified following a viral post by a U.S. attorney. This post, which has sparked heated debates across social media platforms, accused an Indian CEO of mismanaging a company, displacing its founders, and reshaping its leadership team predominantly with…

Reliance pulls out an old video of a very young Mukesh Ambani from archives for Jamnagar refinery celebrations | Watch

Admin6 months ago03 mins

Reliance Industries pulled out an old video of Chairman and Managing Director Mukesh Ambani from its company archives at the occasion of 25 years of the Jamnagar petroleum refinery on Sunday, December 29. The company posted the video on the social media platform X, which featured a very young Mukesh Ambani being recorded at the…

Stocks to Watch on December 30: Reliance Infrastructure, JSW Energy, IOL Chemicals and more

Admin6 months ago03 mins

SUMMARY A list of stocks that could see decent trading volumes on Monday, December 30, 2024: Reliance Infrastructure, JSW Energy, IOL Chemicals, and more. 1 / 6 Reliance Infrastructure | The company’s unit, PS Toll Road Private Ltd, received notices from Axis Bank and IDFC First Bank on Friday. The two banks have invoked the…

NIFTY, SENSEX cut losses in holiday-shortened week amid caution

Admin6 months ago08 mins

NIFTY and SENSEX, recovered up to 1% on a weekly basis to close in the green. The FII selling has surpassed ₹3 lakh crore so far this year. NIFTY Auto, FMCG and Pharma indices were the lead sectoral gainers this week. As 2024 draws to a close, the Indian stock markets have been on a…

HBO and Cablevision founder Charles Dolan passes away at 98, leaves behind a billion-dollar legacy

Admin6 months ago02 mins

Charles Dolan, who founded some of the most prominent U.S. media companies including Home Box Office Inc. and Cablevision Systems Corp., has died at age 98, according to a news report. A statement issued Saturday by his family said Dolan died of natural causes, Newsday reported late Saturday. “It is with deep sorrow that we…

Unimech Aerospace IPO Listing On Tuesday: GMP At 91.08% Indicates Robust Gains For Investors

Admin6 months ago05 mins

Last Updated:December 28, 2024, 14:52 IST Unlisted shares of Unimech Aerospace and Manufacturing Ltd are currently trading at Rs 1,500 per share in the grey market, which is a 91.08 per cent premium over the IPO issue price of Rs 785. It indicates a stellar listing on December 31. Unimech Aerospace IPO Listing Date. Unimech…

Stock Picks for 2025: HDFC Bank to Senco Gold— Religare Broking suggests THESE six stocks to ‘accumulate’ for long-term

Admin6 months ago08 mins

Stocks picks for 2025: The Indian stock market‘s performance in 2024 has been notably positive, with significant gains across major indices. On the benchmark front, both Nifty 50 and Sensex edged higher for the ninth consecutive calendar year and have surged nearly nine per cent. The upward trend reflects a broader rally, with both indices…

12 stocks with record dates for dividends, bonuses, splits, rights issue next week. Do you own?

Admin6 months ago04 mins

KPI Green Energy and RedTape and several other companies are set to draw attention in the upcoming week as their record dates for corporate actions like dividends, bonus shares, right issue and stock splits approach. The record date is key for identifying shareholders eligible for these benefits. Investors must ensure their shares are in their…

Barclays fires 15 Wall Street bankers before Christmas holidays, axes bonuses in brutal layoff move: Report

Admin6 months ago04 mins

Among the 50 employees let go last month, these 15 Wall Street professionals saw their expected windfall vanish. Barclays handed out pink slips instead of year-end bonuses, firing 15 New York-based bankers and traders just weeks before the holidays. Adding insult to injury, the UK-based bank denied the fired employees their annual bonuses—typically a significant…

JSW Neo Energy to acquire O2 Power at enterprise value of $1.47 billion

Admin6 months ago07 mins

New Delhi: JSW Neo Energy , a wholly-owned subsidiary of JSW Energy Ltd, is set to acquire renewable energy platform O2 Power at an enterprise value of $1.47 billion. European alternative asset manager EQT and Singapore’s Temasek hold 51% and 49%, respectively, in O2 Power that has a capacity of 4.7 GW renewable energy. They…