Business News
Companies, markets and industry.
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Tesla asks shareholders to re-elect Musk and board members
Tesla has asked shareholders to re-elect Elon Musk, Robyn Denholm and JB Straubel at its annual meeting in December.
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Markets closed in India for Dussehra
Indian stock and commodity markets are closed on October 20 for the Dussehra holiday.
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Jio Platforms anchor bids reportedly top ₹2.5 lakh crore
Investor bids for Jio Platforms’ anchor allocation reportedly exceeded ₹2.5 lakh crore ahead of its planned public offering.
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Oil prices ease after US waives some Russia sanctions
Oil futures settled lower after the United States waived some sanctions affecting Russian oil.
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Rubio says India–US trade deal is nearing completion
US Secretary of State Marco Rubio says India and the United States are close to completing a trade agreement.
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India–New Zealand trade pact takes effect
The India–New Zealand free trade agreement has come into effect, changing tariff terms for selected goods.
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Gold futures rise above $4,200
Gold prices climbed as comments from US Federal Reserve nominee Kevin Warsh eased expectations of further rate increases.
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Rupee and bond markets track oil and foreign flows
Currency and bond traders are watching crude prices and foreign investment flows for signals on the rupee and interest rates.
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Jio Platforms IPO draws strong interest from brokerages
Brokerages are recommending the Jio Platforms public offering, citing its large customer base and growth prospects.
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India-US trade deal described as close to final stage
US Secretary of State Marco Rubio says a trade agreement with India is close to being finalised.
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Indian shares open lower as global weakness weighs
Indian benchmark shares opened lower amid weakness across Asian markets and pressure on technology stocks.
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ICICI Bank gains after quarterly profit beats estimates
ICICI Bank reported a 20.1% year-on-year rise in quarterly profit to ₹14,843 crore, beating estimates.
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Reliance says Jio satellite service awaits regulatory approval
Reliance has responded to claims about Starlink’s India launch, saying Jio’s satellite venture is still awaiting regulatory clearance.
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ICICI Bank Q2 profit climbs 20% to ₹14,843 crore
ICICI Bank reported second-quarter net profit of ₹14,843 crore, a 20% increase.
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HDFC Bank profit rises 4.7% as treasury income weakens
HDFC Bank reported a 4.7% year-on-year rise in quarterly net profit to ₹19,510 crore.
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Axis Bank quarterly profit climbs 38% to ₹7,003 crore
Axis Bank reported quarterly net profit of ₹7,003 crore, up 38% from a year earlier.
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HDFC Bank quarterly profit rises 4.7% to ₹19,510 crore
HDFC Bank reported quarterly net profit of ₹19,510 crore, up 4.7% year over year.
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Reliance says Jio satellite service awaits regulatory clearances
Reliance has responded to claims about Starlink’s India launch, saying Jio’s satellite venture is still awaiting regulatory approvals.