Domestic technology company Cyient Ltd on Monday (May 5) said its US-based wholly owned subsidiary Cyient Inc. has received a penalty order of USD 26,779.74 from the U.S. Department of the Treasury’s Internal Revenue Service (IRS). “This is to inform
US stock indices opened lower on Tuesday, after President Donald Trump threatens pharma tariffs and amid subdued corporate earnings. At the opening bell, the Dow Jones Industrial Average fell 218.6 points, or 0.53%, to 41,000.19. The S&P 500 fell 44.5
Shriram Finance’s (SHFL’s) profit after tax (PAT) rose 10 per cent year-on-year (Y-o-Y) to Rs 2,140 crore in the fourth quarter of the financial year 2024-25 (Q4FY25). Photograph: Kind courtesy Shriram Finance/Instagram The FY25 PAT (excluding exceptional gain) grew 15
Equity benchmark indices Sensex and Nifty closed higher on Monday, supported by sustained foreign fund inflows and a sharp correction in global crude oil prices. Photograph: PTI Photo from the Rediff Archives The 30-share BSE benchmark climbed 294.85 points or
Early-bird results for the January-March 2025 quarter (Q4FY25) suggest a slowdown in earning growth for India Inc, despite a benign cost environment that has led to an improvement in margins. Illustration: Dominic Xavier/Rediff The combined net profit (adjusted for exceptional
Apple’s iPhone supplies in India grew 25 per cent year-on-year in March quarter 2025, capturing 8 per cent market share, a CyberMedia Research report said on Monday. Photograph: Francis Mascarenhas/Reuters Chinese smartphone company Vivo led the overall smartphone market in
Q4 Results Live Updates: The fourth quarter earnings season is underway and as many as eight important names like Zee Media Corporation, Mahindra & Mahindra, Computer Age Management Services, Coforge, DCM Shriram, Prataap Snacks, Unicommerce Esolutions, Indian Hotels Company, and
Wall Street’s key stock indices opened lower on Monday after President Donald Trump rekindled worries about the ramifications of a global trade war by imposing new tariffs. At the opening bell, the Dow Jones Industrial Average fell 144.1 points, or
Overall automobile retail sales in India grew a modest 2.95 per cent in April this year to 22,87,952 units with completion of purchases by customers around Chaitra Navratri, Akshay Tritiya, Bengali New Year, Baisakhi and Vishu helping April end on
State-owned NMDC has reported a 15 per cent rise in its iron ore production and 3 per cent growth in sales of the mineral in April. Photograph: David Gray/Reuters In a statement on Sunday, NMDC said it produced 4 million
