In another company development, One 97 Communications Ltd also approved a comprehensive internal restructuring plan to bring several of its financial and technology subsidiaries under direct ownership One 97 Communications Ltd, the parent company of Paytm, has approved the transfer of its offline merchant payments business to its wholly owned subsidiary, Paytm Payments Services Ltd…
Spot gold was up 0.7% at $3,469.84 per ounce by 1049 GMT, its highest since April 22 when it touched a record-high of $3,500.05 The US dollar was trading near its lowest since July 28 against rivals, making greenback-priced bullion cheaper for overseas buyers. Gold hit a more than four-month high on Monday to…
The Uttar Pradesh government is reportedly in talks with iPhone manufacturer Foxconn to set up a new facility in the Greater Noida region. According to sources, UP government officials and representatives of the Taiwanese company have already held two rounds of meetings at Delhi and Lucknow on the proposed project. The new facility is likely…
Morgan Stanley anticipates a stock picker’s market emerging in India, with a potential shift in fundamentals that has yet to be fully reflected in valuations Global brokerage firm Morgan Stanley views Indian stocks with an attractive lens, expecting it to to recover lost ground against its peer group through the rest of 2025. The firm sees a…