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GLOBAL MARKETS DIVISION
SML Mahindra to acquire Mahindra’s truck and bus business for Rs 525 croreIn a significant strategic shift, Mahindra & Mahindra plans to hand over its Truck and Bus Division to SML Mahindra for Rs 525 crore. This ...- Global Earnings | Nomura's first-quarter profit jumps 39%, boosted by marketsNomura Holdings experienced a remarkable 39% net income surge in the first quarter, driven by favorable market volatility and unprecedented...
- Global Market: Deutsche Bank Q2 profit rises 10% as investment banking strength offsets higher costsDeutsche Bank reported a stronger second quarter with a 10% net profit increase. Its global investment banking division showed robust perfo...
- Global Market: UBS posts 17% jump in Q2 profit, announces $3 billion share buyback planUBS reported a 17% rise in Q2 net profit to $2.8 billion, beating analyst estimates on strong wealth management and investment banking grow...
- Beyond Bitcoin: Crypto trends investors should watch over the next 6 monthsCoinDCX Co-founder Sumit Gupta writes that disciplined investing through crypto SIPs is replacing market timing. Beyond Bitcoin, structural...
- Samsung foldables now account for over 20% of flagship sales in India, says Southwest Asia CEOSamsung's foldable phones now represent over twenty percent of flagship sales in India. The company anticipates further growth as consumers...
- Global Market: Barclays posts robust H1 results, raises guidance on investment banking momentumBarclays has reported an impressive seventeen percent increase in profits for the first half of the year, exceeding analyst predictions and...
- Prime Video India signs multi-year deal with CJ ENM to bring over 100 Korean showsPrime Video India and CJ ENM have signed a multi-year distribution deal. This agreement will bring more than one hundred Korean shows to In...
- Prime Video India signs multi-year deal with Korea's CJ ENM, to stream 100+ K-shows over two yearsPrime Video India has signed a multi-year distribution deal with South Korea's CJ ENM to bring over 100 Korean shows to Indian audiences ov...
- Nothing says it is not exiting markets. Its restructuring suggests a broader reset is underwayNothing is reorganizing its business by creating dedicated units and regional hubs. The company denies shutting down operations in multiple...
- Infosys’ next CEO; Swiggy renews Indian-ownership bidInfosys announced on Thursday that company veteran Ashiss Kumar Dash will be the CEO from April 2027. This and more in today’s ETtech Top 5.
- Disney layoffs: Hundreds of jobs cut across ESPN, Pixar, other unitsWalt Disney Company has initiated significant workforce reductions across its various business units. Corporate teams, ESPN, and film studi...
- Australian investment bank Macquarie names Greg Ward as next CEOMacquarie Group has appointed Greg Ward as its new chief executive officer. He will replace Shemara Wikramanayake, who is retiring from the...
- HAL, French major Safran sign contract for engine turbine forgingsHindustan Aeronautics Limited has signed a long-term agreement with Safran Aircraft Engines. This pact involves producing and supplying tur...
- AI could lift Sub-Saharan Africa economy 4% if power, internet improve, IMF saysAs countries and companies race to secure AI's economic benefits, investment in data centres, energy infrastructure and digital networks ...
- QX Global Group appoints Vijay Pahuja as Group Chief Executive OfficerLong Ridge Equity Partners-backed finance, accounting and recruitment KPO leader appoints industry veteran Vijay Pahuja to lead its next ph...
- FCNR scheme: Withholding tax fear haunts US, Singapore NRIsNon-resident Indians residing in Singapore and the United States are expressing significant concerns over withholding taxes. These taxes th...
- Refining gains, clean energy push lift Reliance outlook despite retail dragReliance Industries' energy division performance offset retail and Jio BP weakness in the June quarter. Elevated product cracks are expecte...
- Samsung cuts US jobs, offers relocations ahead of HQ moveSamsung Electronics has reduced jobs in its United States consumer electronics divisions. Many workers in New Jersey and Texas were affecte...
- Blackstone hires Ami Momaya to lead India infrastructure investmentsBlackstone has appointed Ami Momaya as managing director and head of infrastructure for India. This marks the firm's initial hire for its A...
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