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ByteDance had been in talks to divest TikTok's U.S. business to either Oracle or a consortium led by Microsoft Corp after U.S. President Donald Trump ordered the sale last month and threatened to shut down the popular short-video app in the United States if it was not sold.
Investors opening new trading, demat account from Oct to get choice of providing nomination: SebiAll existing eligible trading and demat accountholders will have to provide choice of nomination by March 31, 2022, failing which the trading and demat accounts will be frozen, Sebi said.
from Stocks-Markets-Economic Times h… Read MoreRating upgrades see a sharp rise in June quarter since Covid outbreakThe credit ratio, or upgrades over downgrades, has seen a steady rise since the first quarter of last year. The gauge was at 0.36 in April-June last year with 241 upgrades versus 662 downgrades. It was at 1.77 in January-Marc… Read MoreIEX Q1 results: Profit after tax grows 47% to Rs 62 croreThe company's total revenues during April-June 2021 stood at Rs 102.88 crore, higher from Rs 81.09 crore in the year-ago period.
from Stocks-Markets-Economic Times https://ift.tt/3kNIgsC
… Read MoreCrompton Greaves Q1 results: Profit up 27% to Rs 95 croreRevenue from operations was up 45.87 per cent to Rs 1,050.48 crore during the quarter under review as against Rs 720.10 crore in the corresponding period of the last fiscal year.
from Stocks-Markets-Economic Times https://if… Read MoreUnited Spirits Q1 results: Co reports net profit at Rs 50 croreIts revenue from operations rose 61.44 per cent to Rs 6,168.5 crore as against Rs 3,820.7 crore in the corresponding period of the previous fiscal, United Spirits Ltd (USL) said in a regulatory filing.
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