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Reliance Jio's Q2 net profit logs near 3-fold jump
Reliance Jio's Q2 net profit logs near 3-fold jump

Mumbai, Telecom major Reliance Jio Infocomm on Friday reported a near three-fold rise in its standalone net profit for the July-September quarter at Rs 2,844 crore.

During the same period of last year, the company had reported a consolidated net profit of Rs 990 crore.

Jio's revenue from operati

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SEBI fines Titan Company employee for insider trading
SEBI fines Titan Company employee for insider trading

Mumbai, The Securities and Exchange Board of India (SEBI) has imposed a penalty of Rs 2 lakh on an employee of Titan Company, Theekevedu B. Alexander, for violating insider trading norms in 2018.

The investigation by the capital markets regulator found that the designated employee of the company and his spouse had

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RIL's Q2FY21 consolidated net profit slips to Rs 10,602 cr
RIL's Q2FY21 consolidated net profit slips to Rs 10,602 cr

New Delhi, Reliance Industries Ltd (RIL) on Friday reported a decline in its consolidated net profit for the quarter ended September 30 of FY2020-21 on a year-on-year (YoY) basis due to the effect of an exceptional item.

Accordingly, the company's consolidated net profit during the first quarter of FY21 d

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US Q3 economy rebounds after sharp contraction, recovery momentum slows
US Q3 economy rebounds after sharp contraction, recovery momentum slows

Washington, US economic activity grew at a record pace in the third quarter (Q3) after a record decline amid COVID-19 shutdowns, recovering about two-thirds of the ground lost in the first half of year.

With surging cases and an uncertain prospect for more stimulus, the momentum toward recovery is slowing. Analyst

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Indian SMBs, startups ride on Oracle Cloud to weather pandemic
Indian SMBs, startups ride on Oracle Cloud to weather pandemic

New Delhi, After spending over seven months in uncertainty around the pandemic-induced lockdowns, there has been an uptick in business sentiment in India and a vast number of small and medium businesses (SMBs) and startups are now turning to the Oracle second generation cloud infrastructure for high performance and growth, a top

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'CVD on stainless steel imports from Indonesia to boost profitability'
'CVD on stainless steel imports from Indonesia to boost profitability'

New Delhi, The imposition of countervailing duty on 'stainless steel flat' products imported from Indonesia should improve domestic sales realisation along with the profitability of sector based companies, expects Ratings and Research (Ind-Ra).

The countervailing duty (CVD) of 21-23 per cent on the stainle

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German economy recovering after Covid-19 slump
German economy recovering after Covid-19 slump

Berlin, Germany's GDP rose by 8.2 per cent in the third quarter (Q3) compared to the previous quarter amid the ongoing Covid-19 pandemic, the country's Federal Statistical Office (Destatis) said.

Although the German economy shrank by 4.3 per cent in Q3 year-on-year, the quarterly increase was still notable

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Typhoon Molave leaves 27 dead, 50 missing in Vietnam
Typhoon Molave leaves 27 dead, 50 missing in Vietnam

Hanoi, Floods and landslides triggered by typhoon Molave in Vietnam have left 27 people dead, 50 missing and 67 injured as of Saturday morning, according to authorities.

The country's Central Steering Committee for Natural Disaster Prevention and Control said the fatalities were reported from the provinces of

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Canada plans to bring in more immigrants in next 3 yrs
Canada plans to bring in more immigrants in next 3 yrs

Ottawa, Canada's ruling Liberal government has planned to bring in more than 1.2 million immigrants in the next three years, Immigration Minister Marco Mendicino announced.

Mendicino made the announcement on Friday while unveiling a three-year immigration plan that set targets for bringing skilled workers, fam

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Boeing announces $1.3mn to support indigenous communities in US
Boeing announces $1.3mn to support indigenous communities in US

Washington, American airplane giant Boeing has announced $1.3 million to support indigenous communities across the US in observance of the National Native American Heritage Month in November.

In a statement on Friday, the company said that the investment package includes $300,000 in grants for Southwest Tribal Nat

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