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New York Manufacturing Index Dips Further Into Negative Territory In May

India, May 15 -- A report released by the Federal Reserve Bank of New York said regional manufacturing activity continued to decline modestly in the month of May. The New York Fed said its general bu... Read More


Porsche adjusts electrification strategy with job cuts and lower sales targets. Check details

India, May 15 -- Porsche, with its tradition of sports and luxury performance cars, is being reshaped in the midst of the challenges of a global consumer marketplace and realignment of strategies. The... Read More


Hero MotoCorp reports a profit of Rs.1081 crore in Q4 FY25. What supported this growth?

India, May 15 -- Hero MotoCorp has reported a strong financial performance for the quarter and full fiscal year ending March 31, 2025. The company posted a consolidated net profit of Rs.1,081 crore fo... Read More


Acuren, NV5 Merge In $1.7 Bln Deal, NVEE Up Over 19% In Pre-market

India, May 15 -- Acuren Corp. (TIC) and NV5 Global, Inc. (NVEE) announced on Thursday that they have inked a merger to create a TICC and engineering services company with combined revenue of over $2 b... Read More


Virtual Galaxy Infotech IPO allotment in focus today; latest GMP, 5 steps to check status

New Delhi, May 15 -- Virtual Galaxy Infotech IPO allotment date: Virtual Galaxy Infotech IPO share allotment will be finalised today (Thursday, May 15). The investors who applied for the issue can che... Read More


HUL Demerger: FMCG giant receives BSE, NSE nod to spin off Kwality Walls ice cream biz- Check shareholding ratio

New Delhi, May 15 -- HUL has received a go-ahead from BSE and NSE for the demerger of the company's ice cream business. The demerger will lead to creation of a new entity - Kwality Wall's (India) Limi... Read More


DRI Pune seizes hydroponic weed worth rRs.r10.3 crore, three arrested

India, May 15 -- PUNE The Directorate of Revenue Intelligence (DRI), Pune unit, intercepted two passengers arriving from Bangkok at Pune Airport on May 12, and seized a significant 9.864 kg of narcoti... Read More


Allcargo Logistics appoints Ravi Jhakar as CFO

Mumbai, May 15 -- Deepal Shah has resigned from the position of CFO with effect from closing business hours of 16th May 2025, to pursue opportunities outside the organisation. Ravi Jhakar currently s... Read More


Revenue Advisory Committee submits report to Finance Minister Paudel

Nepal, May 15 -- The Revenue Advisory Committee has submitted its report to Deputy Prime Minister and Finance Minister Bishnu Prasad Paudel. In a program held at the Ministry of Finance, Revenue Secr... Read More


DPIIT Approves 187 Startups For I-T Exemptions; 3,700 Granted To Date

India, May 15 -- The Department for Promotion of Industry and Internal Trade (DPIIT) has approved 187 startups for tax exemptions under the revised Section 80-IAC of the Income Tax Act. In a statemen... Read More