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Business Wire India Taulia, a leading provider of working capital management solutions and part of the SAP Group, today announces strong year-over-year growth in Asia Pacific.   Since it announced expansion in the region one year ago, the number of deals won by Taulia has risen by more than 250%, including logos in the packaging, IT services and manufacturing industries across some of the world’s […]

The WTI Crude oil futures are consolidating around $95 per barrel mark amid sustained buying support after the recent break above $90 per barrel. Traders also eyed a slight bout of weakness in the US dollar index and a drop in the US crude inventories. The Energy Information Administration reported a crude oil inventory decline of 3.3 million barrels for the week to August 19. […]

The 2-wheeler maker on Wednesday announced that it will acquire 48.27% stake in Narain Karthikeyans pre-owned two-wheeler startup DriveX for a total cash consideration of Rs 85.41 crore.

The Bank of Korea opted for a smaller rate hike on Thursday, after delivering a record half percentage points increase last month, as downside risks to growth escalates amid high inflation. The Monetary Policy Board of the Bank of Korea decided to hike the Base Rate by 25 basis points to 2.50 percent from 2.25 percent. The bank has raised its interest rate by 50 […]

Upon full payment of the settlement amount in accordance with the agreement, the Bank will release the security, claim, charges.

UNO Minda advanced 3.19% to Rs 567.55 after the board automotive solutions provider approved an investment of Rs 300 crore for expanding its manufacturing capacity of 4W Alloy Wheels and 4W Automotive switches to meet rising demand.

Mahindra Logistics announced the launch of its latest fulfilment centre, its eleventh in the country and third in the city of Hyderabad. The new fulfilment centre will specifically enable quick commerce in the grocery segment with technology at its backbone in driving efficiency. Within a short period, Mahindra Logistics has established its operational capability across India with its end-to-end services of fulfilment centres, milk-run transportation, […]

According to the news report, NARCL wants to provide 15% of the consideration in cash and the remaining 85% in the form of security receipts.

The key equity indices traded with modest gains near days high in the early afternoon trade. The Nifty traded a tad above the 17,700 mark after hitting the days low of 17,637.70 in the mid-morning trade. Bank stocks gained for the third day in a row. At 12:24 IST, the barometer index, the S&P BSE Sensex, was up 327.61 points or 0.55% to 59,413.04. The […]

Gold moved higher during Asian trades on Thursday, tracking weakness in the US dollar that has come under pressure ahead of the crucial Fed Chair Jerome Powells speech at the central banks economic symposium at Jackson Hole, Wyoming on Friday. The dollar index that measures the greenback against a basket of currencies is down 0.23% at 108.37. Gold futures that were trading below $1760 levels […]