Paramount Revises Its Bid for Warner Bros. Discovery
Netflix, Warner Bros. Discovery’s preferred acquirer, now has four days to counter Paramount’s revised offer. Source link
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Stock market today: Which are top gainers and losers on NSE and BSE on February 24? Check list
Equity benchmark indices Sensex and Nifty ended sharply lower, falling more than 1 per cent, as heavy selling in information technology stocks combined with global trade uncertainties and rising geopolitical tensions to weigh on investor sentiment.The NSE Nifty declined 288.35 points, or 1.12 per cent, to close at 25,424.65 after touching an intraday low of…
Cabinet nod for Rs 9,072 crore railway multitracking plan to add 307 km network capacity
The Union cabinet has approved three railway multitracking projects worth Rs 9,072 crore aimed at expanding network capacity and easing congestion across Maharashtra, Madhya Pradesh, Bihar and Jharkhand, according to an official statement.The projects includes, Gondia–Jabalpur doubling, Punarakh–Kiul third and fourth line, and Gamharia–Chandil third and fourth line, will together add about 307 km to…
IT selloff shock: Nifty IT logs worst fall in February since 2008 global financial crisis; is this crash a buying opportunity?
A sharp selloff in technology stocks has pushed the Nifty IT index into its steepest monthly decline since the 2008 global financial crisis, as fears around artificial intelligence disruption rattled investor confidence.With Tuesday’s 6% decline, the Nifty IT index has plunged over 21% in February alone, marking its worst monthly fall since the 2008 global…
I.R.S. Tactics Against Meta Open a New Front in the Corporate Tax Fight
The agency is using real-world profit data to challenge how big companies value offshore intellectual property. Source link
Why Tata Sons chairman N Chandrasekaran asked board to defer discussion on his reappointment
Since assuming the role of executive chairman in 2017, Chandrasekaran has guided the group through a phase marked by restructuring. Tata Sons executive chairman N Chandrasekaran requested that the board postpone deliberations on extending his tenure for a third term after differences surfaced during the Tata Sons board meeting on Tuesday, according to people aware…
US SC’s blow to Trump: FedEx sues US admin seeking ‘full refund’ of tariffs
FedEx has approached the US Court of International Trade seeking a refund of tariffs imposed under President Donald Trump’s emergency measures. This follows last week’s 6-3 Supreme Court verdict which ruled that Trump overstepped his authority by using the International Emergency Economic Powers Act (IEEPA), a sanctions law, to impose tariffs on imported goods. In…
New data series: Real GDP growth data calculation methodology overhauled to improve accuracy – here’s what changes
Real GDP in India is calculated by adjusting nominal growth figures for inflation through the use of price indices. (AI image) India is set to release its first set of GDP or Gross Domestic Product data on the basis of a new series that may also address recent criticism from economists. The government is revamping…
Gujarat High Court: Unmarried woman denied job on assumption of marriage in future: Gujarat High Court sets aside ‘appointment tainted by favoritism’
The petitioner approached the High Court seeking quashing of the appointment order and her own appointment based on merit. (AI image) In a strongly worded decision that upheld the constitutional right to equality in the public employment, the Gujarat High Court ruled that refusal to employ an unmarried woman on the assumption that she might…
Gold price prediction today: Will gold prices continue their uptrend?
Gold extended its gain on February 23 on a weaker US Dollar as tariff uncertainty clouds the near-term outlook of the US economy. (AI image) Gold price prediction today: Gold prices may continue to rise if the US dollar weakness persists, says Praveen Singh, Senior Fundamental Research Analyst- Currencies and Commodities at Mirae Asset Sharekhan:Gold…