Why has Indian stock market been falling for five straight sessions?
May 9 (Punjab Khabarnama) : Stock market crash: BSE Sensex and NSE Nifty 50 extended losses today (May 9) after the benchmark indices opened mildly red. Both Sensex and Nifty…
Japan’s Takeda Pharma to restructure after annual profit slump
May 9 (Punjab Khabarnama) : Japan’s Takeda Pharmaceutical announced a restructuring on Thursday after annual profit slid by more than half following the loss of patent protection of major sellers.…
How much India’s largest IT services firm TCS paid its CEO K Krithivasan in FY24
May 9 (Punjab Khabarnama) : Tata Consultancy Services (TCS) CEO and managing director K Krithivasan took home a salary of ₹25.4 crore n financial year 2023-24 (FY24). K Krithivasan took charge…
SBI Q4 results: Profit grows 18% to ₹21,384 crore
May 9 (Punjab Khabarnama) : The country’s largest lender SBI on Thursday reported 18.18 per cent growth in March quarter consolidated net profit to ₹21,384.15 crore as against ₹18,093.84 crore in the…
Microsoft layoffs: Multiple Xbox studios closed, teams consolidated as company cuts costs
May 8 (Punjab Khabarnama) : Microsoft layoffs: Microsoft’s Xbox is set to close several gaming studios, including the famous Arkane Austin. This comes as the company undergoes significant restructuring amidst…
Canara Bank Q4 net profit rises 18.4%, asset quality improves; declares dividend
May 8 (Punjab Khabarnama) : Canara Bank Q4 results: Canara Bank reported 18.4 per cent rise in its net profit to ₹3,757.23 crore in the fourth quarter of FY2023-24. The bank…
Nirmala Sitharaman rebuts Congress on PSUs, says they showed resurgence in Modi regime
May 8 (Punjab Khabarnama) : Finance minister Nirmala Sitharaman on Wednesday presented a report card of central public sector enterprises (CPSEs) under the Modi government, highlighting the 87% growth in…
Google Wallet app, now in India, isn’t bothered about credit cards or payments
May 8 (Punjab Khabarnama) : Google has rolled out the Google Wallet app for Android phones in India. However, compared to the Wallet’s structure in many other countries including the…
Rekha Jhunjhunwala’s net worth falls over ₹2,300 crore
May 8 (Punjab Khabarnama) : The Indian stock market has witnessed intense volatility in the past four sessions. Not even quality stocks remained immune to the ups and downs of…
Layoffs 2024: UBS CEO to start job cuts in Switzerland late this year
May 7 (Punjab Khabarnama) : UBS’s CEO on Tuesday said the majority of job cuts in its home market, Switzerland, will start from around the end of the year and…