Business
October 21, 2024
3 views 6 mins 0

Lucid CEO says Wall Street misinterpreted $1.75 billion capital raise

Lucid Motors CEO Peter Rawlinson poses at the Nasdaq MarketSite as Lucid Motors (Nasdaq: LCID) begins trading on the Nasdaq stock exchange after completing its business combination with Churchill Capital Corp IV in New York City, New York, July 26, 2021. Andrew Kelly | Reuters DETROIT — Investors misinterpreted a public offering on Wednesday by […]

Business
October 21, 2024
5 views 4 mins 0

Nike renews uniform partnership with NBA, WNBA as NFL opens bidding process to competitors

Nike will be the exclusive uniform and apparel provider for the National Basketball Association and Women’s National Basketball Association for another 12 years after they renewed their partnership with the sneaker giant, the leagues announced Monday. Under the terms of the deal, Nike will be the leagues’ global outfitting, merchandising, marketing and content partner until […]

Business
October 21, 2024
3 views 4 mins 0

Savers fill tax-free ISA savings accounts ahead of budget

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 21, 2024
2 views 8 mins 0

When is the Budget and what might be in it?

Getty Images Labour’s first Budget for 14 years will be delivered by Chancellor Rachel Reeves on Wednesday 30 October. She has warned that it will involve “difficult decisions”. Government sources have told the BBC the Budget will include tax rises and spending cuts to the value of £40bn. What is the Budget? Each year, the […]

Business
October 21, 2024
6 views 57 secs 0

Panic in UP's Farrukhabad After ATM Returns Fake Notes in a Series

Last Updated: October 21, 2024, 21:01 IST The situation unfolded when a customer withdrew Rs 300 from the ATM and immediately became suspicious upon seeing the notes. This incident raised serious concerns among residents, who are now apprehensive about the safety and reliability of ATMs in the area. An incident involving counterfeit currency dispensed from […]

Business
October 21, 2024
4 views 2 mins 0

Groww Clocks Rs 805 Crore Net Loss In FY24, Revenue Up 119 Per Cent

Bengaluru: Online brokerage firm Groww on Monday reported a net loss of Rs 805 crore in FY24, after paying about Rs 1,340 crore as a one-time tax on its domicile movement to India earlier this year.  The company clocked Rs 3,145 crore in revenue for the fiscal ending March 31, 2024, a 119 per cent […]

Business
October 21, 2024
5 views 2 mins 0

Amrit Bharat Express Trains: Indian Railways Launches First Converted Aerodynamic WAP-5 Electric Locos; Check It's Features

Amrit Bharat Express Trains: Indian Railways has launched the first pair of converted aerodynamic WAP-5 electric locomotives at Chittaranjan Locomotive Works (CLW). The Ministry of Railways has taken this move to expand the fleet of Amrit Bharat Express trains in FY 2023-24.   The converted aerodynamic WAP-5 electric locomotives promise significant cost savings by reducing the […]

Business
October 21, 2024
6 views 3 mins 0

Boeing machinists to vote on new proposal with 35% raises that could end strike

People hold sings during a strike rally for the International Association of Machinists and Aerospace Workers (IAM) at the Seattle Union Hall in Seattle, Washington, on October 15, 2024. Jason Redmond | AFP | Getty Images Boeing and its machinists’ union have reached a new contract proposal, the union said Saturday, outlining a deal that could end […]

Business
October 21, 2024
3 views 43 secs 0

Bajaj Housing Finance Q2 Results: Net Profit Rises 21% to Rs 546 Crore

Bajaj Housing Finance has declared its Q2 results. Bajaj Housing Finance’s net interest income for the July-September quarter grew by 13 percent YoY to Rs 713 crore. Bajaj Housing Finance on Monday reported a 21 per cent year-on-year (YoY) jump in its net profit to Rs 546 crore for the Q2 FY25, compared with Rs […]