Business
October 31, 2024
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HDB Financial Services files draft documents for Rs 12,500 crore IPO

NEW DELHI: HDB Financial Services, an HDFC Bank subsidiary, has submitted draft documentation to Sebi for raising Rs 12,500 crore through an IPO. The offering consists of Rs 2,500 crore in fresh equity shares and Rs 10,000 crore through an OFS by HDFC Bank, as detailed in the Draft Red Herring Prospectus (DRHP) submitted on […]

Business
October 31, 2024
2 views 58 secs 0

BPL Group Founder TP Gopalan Nambiar Passes Away At 94

Last Updated:October 31, 2024, 17:49 IST Nambiar was not keeping well for quite some time and passed away in the morning, family sources said Electronic company BPL Group founder TP Gopalan Nambiar. (Image via X/@RajeevRC_X) Indian electronic company BPL Group founder TP Gopalan Nambiar, died on Thursday, family sources said. Nambiar, 94, was not keeping […]

Business
October 31, 2024
2 views 6 mins 0

Warning workers' pay will be hit after Budget

There could be more spending increases and more tax rises to come over the next two years, according to the Institute for Fiscal Studies (IFS), a respected economics think tank. Chancellor Rachel Reeves insisted on Wednesday that her huge revenue-raising Budget was a one-off move to “wipe the slate clean” and not something she “would […]

Business
October 31, 2024
4 views 5 mins 0

How To Spot Digital Arrest Scam And Protect Yourself –Explained

New Delhi: Digital arrests have recently emerged as a common form of digital fraud in India, costing Indians a significant portion of their hard-earned money. However, digital arrest is merely a scam that may be avoided by being aware of the fraudulent techniques used by con artists to digitally arrest victims.  During his recent Mann […]

Business
October 30, 2024
2 views 3 mins 0

Starbucks will stop charging extra for dairy alternatives

Starbucks offers oat milk as a dairy-free option. Source: Starbucks Starbucks said Wednesday that it will remove the surcharge for dairy substitutes, saving some U.S. customers more than 10% on their drinks. The change goes into effect Nov. 7 and follows years of pleading from customers to eliminate the extra fee, especially as milk alternatives […]

Business
October 30, 2024
1 views 7 mins 0

Will Rachel Reeves’s borrow-and-spend Budget actually work?

Your support helps us to tell the story Read more This election is still a dead heat, according to most polls. In a fight with such wafer-thin margins, we need reporters on the ground talking to the people Trump and Harris are courting. Your support allows us to keep sending journalists to the story. The […]

Business
October 30, 2024
4 views 4 mins 0

Rail fares in England set to rise next year

PA Media Regulated train fares in England are to increase by 4.6% next year, while the price of most railcards will rise by £5, the government has announced. The increases were not mentioned by the chancellor in her Budget speech to the House of Commons earlier on Wednesday, but it was instead noted in the […]

Business
October 30, 2024
2 views 6 mins 0

Eli Lilly stock tumbles after drug giant misses estimates and slashes profit guidance

Lilly Biotechnology Center is shown in San Diego, California, U.S. March 1, 2023. Mike Blake | Reuters Eli Lilly on Wednesday fell short of profit and revenue expectations for the third quarter, weighed down by disappointing sales of its blockbuster weight loss drug Zepbound and diabetes treatment Mounjaro, and slashed its full-year adjusted profit guidance. […]

Business
October 30, 2024
2 views 9 mins 0

US economy grew at a solid 2.8% pace last quarter on strength of consumer spending

WASHINGTON: The US economy grew at a healthy 2.8% annual rate from July through September, with consumers helping drive growth despite the weight of still-high interest rates. Wednesday’s report from the Commerce Department said the gross domestic product – the economy’s total output of goods and services – did slow slightly from its 3% growth […]