New Delhi, Investors became poorer by Rs 4.59 lakh crore on Wednesday due to a sharp fall in the equity markets where the BSE Sensex plummeted 1,628 points, dragged by bank stocks and weak global trends. Extending its previous day’s decline, the 30-share BSE Sensex tanked 1,628.01 points or 2.23 per cent to settle at 71,500.76. During … Read more

India’s largest IT company TCS says little has changed in terms of client sentiments on ground, as it delivered 1% sequential revenue growth in the third quarter. The company which saw its BFSI segment – which is banking, financial services and insurance – de-grow by 3% on a yearly basis, hopes that this segment must … Read more

A sharp rise in home sales as well rising office occupancies might be the talk of the town. Yet, private equity investments in the sector remained muted. In the first nine months of FY24, i.e. April to December 2023, PE investments in the sector registered a 26% decline, says a report by Anarock. Investor activity remained tepid … Read more

The White House and the Pentagon have warned that the supply of Patriot interceptor missiles may soon be unsustainable due to their substantial cost of around $2 million to $4 million each, The New York Times reported. As Russia intensifies its winter bombardment with a diverse range of missiles and drone weapons, Ukrainian defenses are reliant … Read more