Constraints on capital had forced the private sector bank to shrink its book in the September quarter. The board of private lender Yes Bank is willing to favourably consider the offer of $500 million investment of Citax Holdings and Citax Investment Group, the bank said on Tuesday. The $1.2 billion binding offer of Erwin Singh Braich/SPGP Holdings continues to be […]
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CrowdStrike CRWD, -3.69%Holdings Inc. topped Wall Street estimates for quarterly results and outlook late Thursday, and the cybersecurity company’s stock flipped between gains and losses in the extended session. CrowdStrike CRWD, -3.69% shares, which had been down as much as 6%, were last up 3.3% after hours, following a 3.7% decline in the regular session to close at $52.95. In comparison, […]
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Salesforce.com Inc. earnings topped Wall Street estimates in a Tuesday report, but the cloud-software company’s outlook came in shy of consensus views. The customer-relationship-management software company reported a fiscal third-quarter loss of $109 million, or 12 cents a share, compared with net income of $105 million, or 13 cents a share, in the year-ago period. Adjusted earnings were 75 cents […]
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NEW YORK (AP) — Democratic presidential candidate Bernie Sanders met Monday with baseball Commissioner Rob Manfred to discuss MLB’s proposal that would drop 42 minor league teams from their leagues after the 2020 season. MLB is negotiating a new agreement with the National Association of Professional Baseball Leagues, the governing body of the minors. The initial proposal primarily would impact […]
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The latest generation of the GLC is available in both petrol and diesel engine options, and is equipped with MBUX, an intuitive and intelligent multimedia system German luxury carmaker Mercedes Benz on Tuesday launched its premium SUV GLC with price starting at ₹52.56 lakh (ex-showroom all India). The latest generation of the GLC is available in both petrol and diesel […]
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Cloud-based enterprise stocks led the software sector lower during a broader selloff Monday, as businesses reportedly wait for signs of more economic certainty before parting with their IT bucks. The First Trust Cloud Computing ETF SKYY, -1.95%, which had been down as much as 3%, declined 2% compared with the iShares Expanded Tech-Software Sector ETF IGV, -1.80%, which traded 1.8% […]
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Endowment plans also yield very modest returns that barely match savings deposit rates. Investing retirement proceeds Q. My dad recently retired from service in a PSU bank. He received a lump sum of about ₹25 lakh. I have the following questions: 1. How and where should he invest this money for optimum returns? He will be getting a monthly pension […]
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The United Auto Workers and Fiat Chrysler reached a tentative agreement Saturday on a new four-year contract, which includes a total of $9 billion in investments but still needs final approval from workers. Both sides declined to offer details on the deal, but it includes a $9,000 signing bonus, a promise not to close any factories for the next four […]
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PORT NECHES, Texas (AP) — More than 50,000 people in East Texas remained under a mandatory evacuation order Thursday as a fire continued to burn at a chemical plant, one day after two massive explosions there. Jefferson County Sheriff Zena Stephens said the evacuation order and a 10 p.m. curfew order remain in effect. Officials don’t know when people will […]
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