Apple has announced that John Ternus will succeed Tim Cook as CEO in 2026. Ternus, the current senior vice president of Hardware Engineering, will take over as Cook transitions to executive chairman of the board. This change marks the end of Cook's long tenure and the beginning of a new chapter for Apple.
Mayank Yadav is set to walk into the IPL 'Million Dollar Club' after making his international debut in the first T20 International against Bangladesh.
618 companies were part of the billion dollar club when the markets reached all-time highs on September 26, 2024. That number has fallen to 500 following a $1 trillion wipeout in India's market capitalisation amid relentless selling by FPIs.
An unidentified art collector went past the keenly fought bidding at an auction organised by Emami Chisel Art Auction House in Kolkata on Saturday evening to bag 'Tribute to Hashmi' for $10.38 lakh (approx Rs 4.4 crore).
The total market valuation of the BSE-listed companies is nearing the Rs 100 lakh crore-mark following the continued dream run of the bourse.
On January 8, there were 252 firms as against 122 now.
The Gujarat Co-operative Milk Marketing Federation, (the marketing body of Amul) said on Friday it has touched Rs 4,277.84 crore (Rs 42.77 billion) in revenues in fiscal year 2006-07, thus becoming the first billion-dollar co-operative in India.
Focus to continue on anti-infectives market abroad; no plan for out-licensing
Powered by surging markets, seven companies, Reliance Communications (R-Com) and stock market debutant DLF among them, have joined the Rs 1 trillion (Rs 1,00,000 crore) club in terms of market capitalisation. New entrants are hard-core engineering and mining companies like National Mineral Development Corporation (NMDC) and Bhel - both in the public sector - and L & T. Bharti Airtel, SBI and ICICI Bank are other entrants.
Bharti Televenture, a flagship of Sunil Mittal promoted Bharti Group, on Friday turned a one billion dollar company with its turnover touching Rs 5002 crore ($1.13 billion)
The rally in the stock market and the recent appreciation in rupee have brought 51 new members to the elite billion-dollar market-value club, while doubling its overall valuation since October when the benchmark index had dropped below the 8,000-level.
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All three were just about a billion dollars in revenues (we are talking of a dollar that has been battering the rupee).
The Bombay Stock Exchange has re-entered the trillion dollar club worldwide.
Wadhwani joined the billion-dollar club in 1999, when he sold a venture for $9.3 bn to i2 Technologies.
On the volume side, the number of M&A and PE deals was 110 in July, 15 per cent lower from 130 in July 2018.
As stock markets continue to witness a dream rally, the total market valuation of domestic listed companies has soared to a record $1.6 trillion on a day the benchmark BSE Sensex ended at a new closing high of 28,177.88.
With the benchmark Sensex witnessing a dream-run, total market valuation of BSE listed companies has inched closer to Rs 100 lakh crore milestone.
Modi said it is an outcome of India's consistent reforms trajectory that the country's position is getting credence globally and is being recognised by international bodies like the IMF, World Economic Forum and UNCTAD.
Indian stock market investors are laughing all the way to the bank with the total market value of domestic listed companies soaring to a record $1.5 trillion on a day when the benchmark BSE Sensex ended at a new closing high of 25,396.46.
India is the next major breeding ground for start-ups.
Amid sustained weakness across categories, the Indian stock market remained below the trillion-dollar mark for the third consecutive day today, as the total valuation of all listed companies slipped further to $944 billion.
India was ranked 12th among the large economies in 2008, and moved up to 10th by 2013, overtaking Canada and Spain.
Internet entrepreneurs are the next big thing in India.
Today, India is one of the fastest-growing eCommerce markets in Asia/Pacific along with China.
