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Bounce issued 6.97 lakh compulsorily convertible cumulative preference shares at a premium of Rs 9,833.46 per share.Less than two months after self-drive bike rental startup Bounce raised $150 million, the company has raised another…

Banking services like cash withdrawal and deposits were affected at several bank branches where employees did not turn up for work and instead chose to sit outside on protest.Banking services in most parts of the country were paralysed…

Traders remain fearful nevertheless that Tehran could seek to block the Hormuz waterway — a key artery for crude that stretches between Oman and Iran. (Reuters photo)The burgeoning Iran crisis has sparked oil supply worries over the…

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The filing said the committee may, at its absolute discretion, offer a discount of not more than 5 per cent on the floor price.Telecom major Bharti Airtelon Wednesday said it has opened qualified institutions placement process to raise…

Sensex went down by 348 points from the overnight numbers and opened at 40520.99.Market Highlights: Equity benchmarks Sensex, Nifty closed on Wednesday with recovery from the early jolt. Sensex limited its loss in early trade to 50…

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Samsung projected operating profits in the October to December period at 7.1 trillionSamsung Electronics’ operating profits fell by more than a third in the fourth quarter, the world’s biggest manufacturer of smartphones and memory chips…

Last month, OPEC and non-OPEC agreed to cut production by 1.7 million barrels a day till March 2020.The New Year started with a bang as recent developments in West Asia (the Mid-East) pushed crude-oil prices sharply higher. Tension…

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