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Revlon Inc files for bankruptcy amid high debt, supply chain pain

Revlon Inc. filed for Chapter 11 bankruptcy, unable to manage its heavy debt load amid the supply chain crunch and steep inflation

Tech Mahindra hits one year low; stock slips 45% from 52-week high level

Brokerages have slashed both target PE multiples as well as FY24 earnings estimate for the IT sector amid margin concerns

Assocham appreciates govt's plan of recruiting 1 mn people in 18 months

Prime Minister Narendra Modi on Tuesday announced the plans of mass recruitment in the central government as well as its various agencies, departments, and ministries.

SBI and subsidiaries reshuffle top management to improve efficiency

SBI has promoted market-recruited executives who have been associated with the bank's subsidiaries for some time

Supreme Court ruling on GST emboldens states against PM Modi's govt

Finance ministers from the opposition-led Kerala, West Bengal and Chhattisgarh have said they will raise the issue at a meeting of the GST Council this month

ITC gains 1% after Motilal upgrades rating; stock up 23% thus far in 2022

Motilal Oswal Financial Services (MOSL) upgraded rating on the stock to 'Buy' with a price target price of Rs 335 per share.

Internet Explorer shuts after 27 years, trouble builds for Japan businesses

Businesses across the country are now having to move swiftly to ensure they're still able to run operations that previously relied on apps built atop Microsoft's long-tenured browser

Gold prices fall by Rs 270, silver trades higher at Rs 60,000 per kg

The fall in gold prices comes after the US Fed Reserve announced the biggest rate hike since 1994 and flagged economic risks

No slowdown for India's super-rich as super-luxury cars sell like hot cakes

According to a report, the sales of super-luxury cars, priced over Rs 2 crore, are likely to cross pre-pandemic levels in 2022

HDFC in final stage of selling 4 large, stressed accounts before the merger

Ahead of the HDFC-HDFC Bank merger, the mortgage financier is trying to sell four large, stressed accounts, one of which is the Subhash Chandra-promoted Siti Networks

Five pressure points to watch in Asian markets after Fed's 75 bps hike

Asia traders are waking up to a relief rally across the Pacific after Federal Reserve Chair Jerome Powell promised the biggest rate hike since 1994 won't be the rule

Stocks to watch: SBI, HDFC Bank, Yes Bank, Network18, JSW Steel, Zomato

Stocks to watch today: State Bank of India raised their MCLR lending rate by 20 basis points across all tenors; Network18 group firm Viacom18 eyes expansion after it bagged media rights for IPL.

Top headlines: IBBI amends rules, yield curve inverts in the US, and more

As investors and the bond market brace for a sharp hike in policy rate by central banks to fight inflation, the yield curve has inverted in the US

TMSEp195: 5G auction, Agnipath scheme, markets, Udyam registration

How will 5G auction effect telcos & industry 4.0? Will 'Agnipath' affec army's modernisation drive? What is in store for cement, steel, paint stocks? What is Udyam registration for MSMEs? Answers here

US Fed's biggest rate hike since 1994, Wall Street sounds a recession call

The Fed hiked its policy rate by 75 basis points Wednesday to a range of 1.5% to 1.75%, as officials intensified their battle against inflation that's remained stubbornly high

Battered WTO on the verge of 'dead end' heading into final day of talks

India reiterated Commerce Minister Piyush Goyal's view that any WTO vaccine agreement must also waive IP rights for Covid-19 diagnostic tests and therapeutic drugs, according to the readout

Will Buffett-backed BYD beat Tesla to become largest EV manufacturer?

BYD has upped its game over the past two years with a range of EVs and higher-technology lithium iron phosphate batteries, allowing it to grab global market share

Best of BS Opinion: A unique jobs conundrum, regional imbalance, and more

Here are the top BS Opinion articles of the day

How will 5G auction effect telcos and industry 4.0?

The govt has given its nod to the rollout of 5G services in India by conducting spectrum auction from July 26. How will all this impact the rollout of 5G, telcos and industry 4.0? We have the answer

Cement, steel, paint firms eye painful quarters ahead

Rising interest rates, along with elevated raw material cost, are hitting the building material sector hard. Find out about the near-term sore points for related industries and how to play the theme.