British fashion giant Burberry announced plans to slash almost one fifth of its global workforce, laying off 1,700 employees. The move comes as a major cost saving move to revive the company’s performance.The cuts come as part of a broader shake-up under chief executive officer Joshua Schulman, who joined the company last year to reverse…
Jaguar Land Rover (JLR) is facing a slow down in its sales in the Indian market amid uncertainty over the India-UK free trade agreement (FTA). The automaker’s top executives met at Bombay House on Monday to discuss the developments, a day ahead of the company’s quarterly results, ET reported quoting sources.Despite the recent slowdown, JLR…
India’s defence exports are in focus amidst the India-Pakistan tensions. (AI image for representative purpose only) Amidst a push for ‘Atmanirbhar Bharat’, India’s defence exports reached a record high of Rs 23,622 crore (approximately $2.76 billion) in the last financial year 2024-25. Compared to the previous fiscal year’s figure of Rs 21,083 crore, this represents…
Nvidia CEO Jensen Huang’s net worth soared to near $120 billion, up from $80 billion just a year ago, driven by surging demand for the company’s artificial intelligence chips.This boost lifts him higher up the ranks of the world’s wealthiest individuals on Forbes’ real-time billionaires list, according to a Reuters report.The chipmaker’s market value hit…
Gold’s support levels are at Rs 93,150-92,660, with resistance at Rs 94,000-94,450. (AI image) Gold rate today: Following profit booking, Gold June futures at MCX declined to Rs 93,195/10 grams, showing a decrease of Rs 452 or 0.48%, despite an initial upward movement in precious metals driven by reduced inflation.Similarly, Silver July futures contracts experienced…
Experts advise that if the policy is going to mature in 3-4 years, it is better to continue paying the premium. (AI image) Most taxpayers are shifting to the new tax regime. They will not only pay less tax but also be free from the maze of deductions and exemptions. Taxpayers who made the mistake…
Gold price predication: What are the key events that will shape the direction of gold prices going ahead? (AI image) Gold price prediction: Global gold prices have been fluctuating – from hitting new highs, to giving up those gains – as trade uncertainties are weighing on the yellow metal’s outlook. Domestically, the India-Pakistan conflict has…
Top stocks to buy today (AI image) Stock market recommendations: According to Mehul Kothari, DVP – Technical Research, Anand Rathi Shares and Stock Brokers, Waaree Energies, Premier Energies, and GMMP Faudler are the top stocks to buy today:WAAREE ENERGIES: BUY ABOVE ₹2700 | Stop Loss: ₹2550 | Target: ₹3000Waaree Energies has shown notable resilience over…
BENGALURU: India’s tech startup ecosystem saw 45 M&A transactionsin the March quarter of the current calendar year, marking a 61% jump year-on-year from 28 deals in the corresponding period last year, according to data from market intelligence platform Tracxn.Sequentially, the transaction volume rose from 33 to 45.This is the highest number of startup acquisitions reported…
Image used for representative purposes NEW DELHI: Five US companies have submitted bids in state-run GAIL’s tender for acquiring up to 26% stake in a LNG (liquefied natural gas) project alongside a long-term supply contract for a million tonne of gas annually, a move that will help India reduce trade surplus with Washington.“We are currently…
