Apple suffers second rating downgrade in tough start to 2024
Apple fell further on Thursday, losing about $176 billion since the start of the year, after Piper Sandler became the second brokerage this week to downgrade the stock on worries of tepid demand for i ...
SoftBank veteran is a billionaire after another huge payday
Nikesh Arora has repeatedly succeeded in winning big paychecks.At Google, he became the firm’s highest-paid executive after getting a compensation package worth about $51 million in 2012, on his way t ...
Coal scam: CBI closes case regarding 1998 allotment of Kilhoni block
NEW DELHI: After a nearly four-year probe, the CBI has filed a closure report in a case related to alleged irregularities in the allotment of Kilhoni coal block in Maharashtra to Nippon Denro Ispat Li ...
Veteran banker Ashok Vaswani assumes charge as Kotak Mahindra Bank’s MD, CEO
NEW DELHI: Kotak Mahindra Bank on Monday said veteran banker Ashok Vaswani has assumed charge as the managing director (MD) and CEO of the bank. He replaced Dipak Gupta, who was the interim MD and CEO ...
India’s forex reserves rose by $58 billion cumulatively in 2023
NEW DELHI: India's foreign exchange reserves increased by $4.471 billion to $620.441 billion in the week ending December 22, 2023, hitting a 21-month high, the latest data released by the Reserve Bank ...
Wipro seeks Rs 25 crore from former CFO for breach of contract
BENGALURU: Wipro has demanded that its former CFO Jatin Dalal pay Rs 25 crore to the company for breach of contract, according to a suit filed in the civil court in Bengaluru. TOI has obtained a copy ...