Warren Buffett’s Berkshire trims HP stake, exits bet on General Motors November 15th, 2023 08:27
The conglomerate’s retreat from Activision completes Buffett’s arbitrage play amid the video-game maker’s prolonged effort to merge with Microsoft Corp., which ran into antitrust scrutiny before the deal was completed in October.

PSU banks’ asset quality up, Q2 bad loan provision drops November 15th, 2023 07:27
The PSU banks continued to show a sustained improvement in the September quarter. At the aggregate level, the provisioning for bad loans or loan loss provisioning for the 12 listed PSU banks fell to Rs 16,552 crore compared with Rs 16,875 crore in the previous quarter and Rs 18,138 crore in the year-ago quarter.

DHL will stick to its €500 million investment plan in India, says CEO Tobias Meyer November 15th, 2023 07:27
The global logistics giant is controlling spending and investment in its global business, which has been affected by geopolitical conflicts, economic downturns in the West and rising interest rates. Meyer spoke to ET at the opening of DHL's central Asia hub in Hong Kong.

Power Grid Corporation projects capex of Rs 1.9 lakh crore by 2032 November 15th, 2023 07:27
​In the renewable energy space, the company will add solar power projects, for which it has kept a sum of ₹1,000 crore in the same period. The company's capital expenditure target for the ongoing fiscal is ₹8,800 crore which may extend to ₹10,000 crore on the back of several projects we have received.

Four companies fined for failing to hire female directors November 15th, 2023 07:27
The Registrar of Companies (RoC) under the MCA has imposed penalties of ₹485,000 each on JM Financial Properties and Holdings, Shankar Packagings and Krishna Solvechem and some of their key executives since mid-October, according to a copy of the RoC orders seen by ET.

Bankers brace for smaller bonuses, no relief in 2024 too November 15th, 2023 07:27
"Pay statements will be down moderately for most, in another disappointing year," Alan Johnson, managing director of Johnson Associates, said in an interview. Inflation will also make the declines seem even more dramatic, he said, as costs continue to rise.

Stock Radar: NTPC RSI oscillator has given a positive crossover hinting at positive momentum, says Ruchit Jain November 15th, 2023 07:27

Stocks in news: Tata Motors, Grasim, ICICI Bank, Asian Paints, PTC Industries November 15th, 2023 07:27
Grasim Industries reported 15% growth in its consolidated net profit at Rs 1164 crore for the September quarter, compared with Rs 1,009 crore in the year-ago period.

Wall Street surges on news of cooling US inflation November 15th, 2023 07:27
The US Federal Reserve voted last month to hold rates steady at a 22-year high for the second consecutive meeting as policymakers look to bring down inflation while avoiding a damaging recession.

Google CEO Sundar Pichai returns to court to defend internet company for second time in 2 weeks November 15th, 2023 07:27
In his latest court appearance in San Francisco, Pichai spent more than two hours defending the business practices of the Google Play Store, which distributes apps for the company#39;s Android software that powers most of the world#39;s smartphones.