Multiple Apple services, such as App Store, Apple TV+, and Apple Music, experienced disruptions. Approximately 6,400 App Store users reported issues during the peak of the outage. Downdetector recorded over 1,000 user reports for both Apple TV+ and Apple Music. Apple has not responded to inquiries from Reuters regarding the outage. Technical glitches hit the … Read more
JSW Energy stock hits 52-week high at Rs 558. Plans to raise Rs 5,000 crore via QIP. QIP floor price set at Rs 510; indicative price at Rs 485. Strong Q3 FY24: 24.36% YoY net profit growth. Revenue grows 13.3% YoY to Rs 2,661.41 crore. Board sets up finance committee for QIP decisions. Details on … Read more
ABFRL’s share price rises 15% on news of Madura Fashion & Lifestyle demerger. Demerger aims to create two separately listed companies for enhanced focus. ABFRL to capitalize on growth opportunities post-demerger, raising capital within 12 months. Post-demerger, ABFRL’s portfolio includes value retail, ethnic wear, luxury, and digital brands. Move signifies strategic realignment, unlocking value for … Read more
Oil prices steady despite minor dip, holding recent gains. Factors: OPEC+ cuts, Russian output disruptions, Chinese manufacturing recovery. Geopolitical risks and demand fundamentals drive market sentiment. European demand surprises, offsetting concerns about China’s softening demand. Investors watch U.S. economic data for Federal Reserve cues impacting oil demand. Oil prices fell slightly on Monday, but they … Read more
AT&T discloses data breach impacting 73 million account holders. Data set from 2019 or earlier, no evidence of unauthorized access. 7.6 million current customers affected, passcodes reset. Credit monitoring offered to affected individuals. AT&T’s 5G network covers 290 million people in the US. Recent challenges include February outage, federal investigations ensued. Introduction : AT&T, one … Read more
Xiaomi’s SU7 electric SUV challenges Tesla Model 3 pricing. Sleek design inspired by Porsche Taycan, with nine color options. Two battery choices offer range up to 700 km per charge. Top model boasts 265 kmph top speed, 0-100 kmph in 2.78 seconds. Limited Founders Edition delivers 986 bhp power, 0-100 kmph in 1.98 seconds. Features … Read more
US FDA issued 10 observations for Alkem Laboratories’ Baddi plant. No data integrity issues noted during the inspection. Shares fell 3% following the news. Previous allegations of tax evasion denied by the company. Despite challenges, stock gained 40% in the past six months. Alkem Laboratories’ shares fell 3% in early trade on March 28, following … Read more
ICICI Bank’s proposal to delist ICICI Securities gains significant traction. 72% of public shareholders vote in favor of the delisting, signaling strong support. Institutional investors also show overwhelming approval, with 84% in favor. BSE seeks clarification amid reports of ICICI Bank contacting retail shareholders. Background on ICICI Securities’ journey towards delisting and acquisition by ICICI … Read more
Unveiling of Citroen’s Basalt Vision SUV, a groundbreaking addition to the brand’s lineup. Scheduled launch in the second half of 2024, targeting key markets like India and South America. Designed with input from regional teams to meet diverse consumer preferences. Reflects Citroen’s commitment to innovation, comfort, and distinctive design. Expected to compete with rivals like … Read more
Partho Banerjee appointed Head of Marketing & Sales. Tarun Aggarwal named Head of Engineering. Sandeep Raina and Ram Suresh Akella elevated. Rajesh Uppal moves to Member Executive Committee. New heads for IT and HR departments. Strategic shifts in supply chain and corporate affairs. Approval by Maruti Suzuki India board. Introduction : Maruti Suzuki, a major … Read more