A vendor of Ola Electric Mobility Limited -- Rosmerta Digital Services Private Limited -- has filed an insolvency petition against a wholly owned subsidiary of the electric two-wheeler maker over alleged non-payment of dues.
Seoul: Hyundai Steel announced on Friday that it has entered emergency management mode in response to increasing challenges, including the recent U.S. steel tariffs and ongoing labor disputes with unionized workers. The company revealed that all executives will take a 20 percent pay cut starting Thursday and that it is considering a voluntary retirement program.
Beijing: Business leaders and economists have expressed concerns that China’s exports could face significant challenges due to the ongoing escalation of tariff conflicts with the United States, according to Radio Free Asia (RFA). Since the tenure of former President Donald Trump, the U.S. has imposed a 20% tariff on Chinese goods, including a 10% tariff.
Gold prices on Thursday reached a new all-time high amid market uncertainties. On the Multi Commodity Exchange (MCX), 24-carat gold April futures rose by 0.21 per cent, touching Rs 86,875 per 10 grams.
IndusInd Bank shares were locked in a 20 per cent lower circuit on Tuesday as the lender’s internal review projected an adverse impact of approximately 2.35 per cent on its net worth (as of December 2024).
Takashi Nakajima has been appointed as the new President and CEO of Honda Cars India Ltd (HCIL) who will take charge from April 1, he company announced on Monday.
Bharat Rashtra Samithi (BRS) working president K.T. Rama Rao has raised serious concerns over the Centre’s proposed Income Tax Bill, 2025, calling it a grave threat to the digital privacy of all citizens.
