European stock markets traded higher Friday, boosted by positive sentiment overseas ahead of the release of the final reading of Eurozone services activity data. At 03:50 ET (08:50 GMT), the DAX index in Germany traded 0.9% higher, the CAC 40 in France climbed 0.6% and the FTSE 100 in the U.K. rose 0.4%. European equities …
U.S. stock futures were trading lower during Thursday’s evening deals, after major benchmark averages finished mixed as investors grew cautious after a slew of mixed earnings reports. By 6:35pm ET (11:40pm GMT) Dow Jones Futures were down 0.2%, S&P 500 Futures fell 0.6% and Nasdaq 100 Futures were down 1.2%. In extended deals, Apple (NASDAQ:AAPL) …
Adani Group stated on Monday that it has raised $250 million in three-year debt from Standard Chartered Bank and Barclays Bank for capital expenditure at six airports managed through a public-private partnership. According to the firm, the consortium has the option to raise an additional $200 million through the existing facility. The Adani group owns …
IndiGo’s Chief Commercial Officer Willy Boulter said he will resign after July, just a day after Chief Financial Officer Jiten Chopra quit the biggest budget airline in Asia by market value. The top management churn at IndiGo, operated by InterGlobe Aviation Ltd., comes after billionaire co-founder Rahul Bhatia was appointed in a newly-created executive role …
Tata Motors on Tuesday said its total domestic sales increased by 27 percent year-on-year to 73,875 units in February. The company had dispatched 58,366 units in February 2021. The auto major said its passenger vehicle sales in the domestic market last month rose by 47 percent to 39,981 units compared to 27,225 units in the …
Bharti Airtel on Thursday announced that it has acquired a strategic stake in Singapore-based Blockchain platform Aqilliz for an undisclosed sum. Airtel aims to deploy Aqilliz’s Blockchain technologies at scale across its fast-growing tech (Airtel Ads), digital entertainment (Wynk Music & Airtel Xstream) and digital marketplace (Airtel Thanks App) offerings. “Blockchain technology is maturing and we see its application across areas …
The Delhi High Court (HC) put an order by the central bank against the debt recast of shadow lender Religare Finvest on hold until the next hearing. Religare Finvest, a fully-owned unit of Religare Enterprises (REL), said it filed a petition in the Delhi HC against the Reserve Bank of India’s order that said the debt recast cannot be …
Online travel company Yatra Online on Monday announced its partnership with Cleartrip, owned by the Flipkart Group, to offer a wider hotel inventory to its customers. This strategic association between Yatra and Cleartrip, both leading brands in the online travel space in India, aims to provide a boost to the entire hospitality and travel ecosystem …
Smartphone maker OPPO India on Friday said that it conducted a 5G standalone and non-standalone network trial in collaboration with telecom service provider Jio. The site infrastructure and network provider Jio carried out these tests by utilizing the allocated mid-band trial spectrum which is in the range of 3.3-3.6 Ghz frequency range. Oppo claimed that the 5G trial on Reno7 Series was …
South Korea’s Hyundai Motor faced calls on Monday for a boycott of its cars from Indians incensed over a tweet from the account of its Pakistan partner that expressed solidarity for the people of the disputed territory of Kashmir. The row erupted on Sunday, a day after Pakistan marked the annual Kashmir Solidarity Day and …
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