News
LVMH, Tiffany Agree On Lower Price In $16 Billion Takeover Deal
U.S. jeweler Tiffany & Co has agreed with LVMH to slightly lower the price of its acquisition by the French luxury goods group, ending a bitter legal dispute between the two, the companies said on Thursday.
I-T Raids Tamil Nadu Education Group; Detects Rs 150-crore Tax Evasion
It said the action was undertaken on the basis of information that fees collected from students were "not fully accounted for” in the regular books of accounts.
OMV Q3 Operating Profit Down 66%, Production Target Lifted
Oil and gas group OMV's thirdquarter operating profit fell by twothirds as lower crude prices and the pandemicinduced global economic crisis bite.
'Even if We Have to Side with BJP': Mayawati's Googly Ahead of 2022 Polls as She Vows to Defeat SP
Hitting out at the Samajwadi Party, the BSP chief said, "The Samajwadi Party has once again shown their true anti-Dalit face by conspiring to stop the BSP candidate, they were not successful and hence started alleging that the BSP was allying with BJP to...
‘If MCD Had Funds, Why Were We Not Paid For 107 Days?’ Ask Angry Doctors as Civic Body Releases Salaries
The doctors of North MCD-run hospitals had started an agitation over their pending salaries, and the response from MCD to both the doctors and the press was that there are no funds.
Nokia Cuts Full-year Profit Forecast, Announces New Strategy
Finnish telecom network equipment maker Nokia cut its fullyear profit forecast on Thursday even as its quarterly underlying profit met expectations in the company's first earnings report under new Chief Executive Pekka Lundmark.
Apple iPhone 12 Includes Hardware to Enable Reverse Wireless Charging, FCC Listing Hints
Apple might unlock the reverse wireless charging feature for a future Apple accessory like new AirPods models or AirTags.
Equinor In $2.9 Billion Asset Write-off As Oil Price Hit
Norway's Equinor wrote off $2.93 billion from the value of its assets after cutting its longterm oil price forecast on Thursday, betting the pandemic and a shift away from fossil fuels will have a lasting impact on markets.
Pinterest Projects 60% Sales Growth In Fourth Quarter As Ad Sales Rebound
Imagesharing company Pinterest Inc projected a 60% sales growth for the current quarter, off the back of a healthy rebound in ad spending by businesses after the early months of COVID19 pandemic wreaked havoc in the industry.
As Delhi Sees Highest Daily Spike for 2nd Straight Day, Minister Says 'Third Covid-19 Wave May Already be Here'
The city recorded 5,739 fresh Covid-19 cases on Thursday as the infection tally in the city mounted to over 3.75 lakh. The previous highest single-day spike of 5,673 cases was recorded on Wednesday.
Samsung Overtakes Xiaomi to Gain Top Spot in Indian Smartphone Market After 2 Years
The Counterpoint Research is contradictory to a similar report from Canalys, which says that Xiaomi remains on the top spot in the Indian smartphone market.
Eid-e-Milad-un-Nabi 2020: Wishes and Quotes to Share with Loved Ones on This Pious Occasion
On the pious occasion of Eid-e-Milad-un-Nabi, here's looking at some quotes and wishes to share with your loved ones.
ECB To Pave Way For More Stimulus As Recession Fears Grow
The European Central Bank is expected to resist pressure to unveil fresh stimulus measures on Thursday but it will likely pave the way for action in December as fresh restrictions aimed at containing the coronavirus pandemic fuel fears over a new recessio...
Civilians Killed As Nagorno-Karabakh Conflict Deepens
Azerbaijan and Armenia accused each other of killing civilians by shelling cities in and around NagornoKarabakh on Wednesday, in an escalation of a monthlong conflict over the mountain enclave that has defied three ceasefires.
Indian-American Business Owners Call For Revitalisation Policy After Impacted By Pandemic
A group of Indian-American business owners have sought from the campaigns of President Donald Trump and his democratic rival Joe Biden a sound policy for revitalisation of small businesses severely impacted due to the coronavirus pandemic. Noting that the...
Hurricane Zeta Crashes Onshore In Storm-weary Louisiana
New Orleans (US) (AP) Hurricane Zeta slammed into storm-weary Louisiana on Wednesday with New Orleans squarely in its path, threatening to push up to 9 feet of sea water inland and batter homes and businesses with fierce winds in a Gulf Coast region alrea...