Tesla Inc. is an American electric vehicle company situateded in California. Recently Tesla shares stumbled after its CEO Elon Musk tweeted on Friday that the company's stock price was “too high”, triggering a free fall in stock prices. According to the report, Tesla shares fell nearly about 12% in...
IndiGo denied that it was seeking to acquire Virgin Australia. The Australian Financial Review reported on Monday that it was putting together a proposal to bid for the bankrupt airline. IndiGo has not formulated any such proposal and neither does it have any interest in this matter, the airline told...
India’s merchandise exports fell by 60.28% to $10.36 billion (around Rs 78,529 crore) in April. Imports shrank by 58.65% to $17.12 billion (around Rs 1.29 lakh crore), leaving a trade deficit of $6.8 billion (around Rs 51,554 crore), as like the economy continued to struggle because of the nationwide...
The country’s largest lender State Bank of India (SBI) on Thursday reduced its Marginal Cost of Funds based Lending Rate (MCLR) by 15 basis-points (bps) across all the tenors. With this reduction the one year MCLR will be around 7.25% with effect from May 10. State Bank of India...
ICICI Bank ;the largest private company of country, on Saturday reported 26% rise in its net profit at ₹1,221Cr for the quarter by March 31 2020. The lender's net profit in year ago period was ₹969 Crore. The lender missed the average estimate of ₹3,510.50 crore made by 16...
Tesla has not been given the green light to open factory in Fremont, Calif. Alameda County Health Officer Dr. Erica Pan said in a videostreamed town hall meeting on Friday. Tesla made a plan to open as early as Friday in defiance of the county’s extended stay at home...
The Confederation of Indian alcohol Companies has urged the ten states for allowing sale of alcohol ic beverages by saying that a blanket ban during the lockdown to contain corona virus has resulted in sale of illicit and spurious liquor while causing burden on exchequer. The body noted that the...
Stocks to Watch – On Tuesday, the share market ended on a negative. The session remained a little unchanged as banking, financials, pharma, and FMCG stocks turned negative soon after opening. The Sensex ended 8 points lower to 37,973 points while Nifty closed with a loss of 5 points...
Indian imports - The export of Indian goods to Bangladesh via the Petrapole border in West Bengal was halted on Wednesday following protests by the exporters in Bangladesh, an official of Federation of Indian Exporter Organisations (FIEO) said. India has allowed export of goods from Petrapole with Bangladesh on June...
Reporting the Union Cabinet 's choice at press instructions on Wednesday, Union Minister Prakash Javadekar said the move would assist ranchers with showing signs of improvement pay for their produce Association Cabinet on Wednesday endorsed the correction of the Essential Commodities Act permitting ranchers to sell their produce in any...